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HomeMy WebLinkAbout2805 n . t ~ b- l s ~o ~iaue ~nd to ~iotd f~~P same, IOgPIhPr with I~ie tenemenfs, ~erec~itamenla an~j appurte i:aiichs f{ierrtu bP~onginfl. an~ f1?e renfs. issues a??ci projiis 1i~ereoj, uniu iiiF ~::u~t~u~ee, f:~° •sm~~p. I i~nd ~he mortgagor cove~tanfs wifh the mortgagee t~af the morlgago~ is inclejeasibly seize~ of said ~ la?~d in f ee simplp: ~h~~ the morlgagor I~as good Nghf and law(ul authority fo c~oni~ey aa~d Iand w a(ore- 1 saic~: I~~at t~ie morlgagur u~i~l make suc~ ~urthe~ aasurancea to per~pct !~?e ~ee aimp~e tif~e eo :a~d b~d in ttie i; mortga4~t>v ~s may reasonably be required: t1?at fhe mortpagor here6y jully u~arra~ts the litle to said land a~~d u~i1[ d~(end ~1~P SII?IlP against the law~ul clui~ oJ aU penona whomsoever: nnd Ihat said land is f ree i (1fl~ f~PQ~ O~ q~~ encumbranc•es ~ ~ ( ( I ~ s~ I~ ii ti ~ . ; ~rou~ded ~tways, fhat i( said mortgugor s~all pay unto saic~ morigagee tJ~e cerfain promta- sory nol~ {~P?einaJter suhsfanfialiy copie~ or identi~iec~, io-wii: ~ i~ i~ i i . i - - - - . _ _ - - - - - . _ - ' - - - ~ - . _ . _ - - s_~ S~~M Fort Piercs, Hor'~da ~D~blY' 13. , 19~3 ~ ~ for -value reoeived, l, we or either of us, promise to pay without defalcation, to the order of ~i PAUL PRAPPAS and 1~L~~' ~avpe8 ~ b~-r~tw • ~ at q ~~p~ „R SVm V` J 17~1? rrx~.isz_1 y~ ~e L..rAwil ~tif11 ~AJ iM..~~~ ~r~ILMRA ' with interest from dste a~ the rate of 96 per annur», in t!u manner following: insts~lments shall be ~ on.. ~~~r 1, 1973 , and a like sum on 1he oorrespond- ir~ day of Qacfi like suooeedi~~ thereafie~ untii tfie v~fide sum shall be fully paid with interest at % on the unpaid sums from time to time owing. i (Granting option to the promisor the right of prepayment without penalty, and option to promise to add) 2 96 interest c~arges on ati sums in default. ~ ; Each instaNmer?t fitst shsi! be applied in payment of tfie interest and- then on the unpaid balanoe of the principai sum. If default is made in tfie payment of any installment when due, tfien at tfie option of the holder, and with- out arry otFier notioe, a!I the remaining installments shall be due snd payaWe at once. Privilege is given to p~r two ! o? mois instaHments at any installme~t maturity date, but this shail not extend the time of maturiry of eny sub- ; sequent inatailment. Neith~ fwebearana, nor aoceptanoe by the holder hereof after any defavlt in any payment hereon shall be deemed extension. i ` Each maker, wrety and endo~seir hereof, jointly and severafly, waives demand, presentment, protest and notioe of ; prot~est {a non.psyment and fvrther agrees to any ~ntens"wn of time of payment, either befae or after matur'ry, without notiae to any of us; and b pay all oosts of oollection; induding e reasonabie att~ney's fee in the event of srry dgfauk hereunder, and hereby severally waives all benefit of homestead and exemptio~ ur~de~ the constitw ~ tion and laws of ench Stste of the United States, as against this obligation or any extension of renewal hereof. , . + ; Wit~ess the hand and seal of eath psrty. Stamps affixed to reaordad oopy. i ~ U ; . ~ - - cs~?~~ k ~I II ; ± n R 2~ ~~i ~1 ; ' eo~x ~ ~ . - - -