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HomeMy WebLinkAbout2920 I! 1~AV~ ~ W~~ the same. logeftier u~il{~ Itie tenern~nl~. ~~rte~ilampnf~ anc~ appuHo- nances thereto belon4~infl, ancl Ihe rnnls, issues and pro~ifs fhPreo% unto f~e o~orlga{~ee, in Jee simpl~. ~ ~n~ fj~p mo?f{~a~or coi~enanls with fhe mortgagee f~at ftie rrtorfgaflot is in~r~~asi~~~y seizei~ oJ sai~~ ~ancf in (e~e simpj~; I~~al Ihe morf~agor tias guo~ r~gtif an~~ ~awJu~ aut~~orily fo i~onvey said land as a(ore- salcl: Ihat tl~~ murfc~R~or u~ill /IiU~P SI/f~l /urlh~r ossurant•hs fo p~rJe~•f II~P JPP simpl~ til~~ lo saicl ~and in il~c l~tOfl$Q{jPP QS A2llV IPq501tQ~)~)' ~P rnquir~: ~~IQ~ ~~IP mo?f~a{~or ~IPrP~)y jU~~~ IIrqKQfl~3 ~~IP ~l~~P ~O SGIt~ ~Qq(~ and will de•fPnd Ilie sum~ ac~ainsl Ih~~ lau,~ul cl~in~.s o~ al~ pi~rsons ~oho?nsoen~r: and Ihut saicl ~ancl is j?ee ~ ~d ~lea~ o) all ~?~~~~mb.a?~~~s ~xcept taxes for 1973, which are 1 ien now due and payable. ~ i ~ , _ I . ; ~rou~ded ~tways, I~iaf iJ suic~ morfgn~~or s~inl~ pay anfo snicl morfrya~~e f~~e cerfairi j~romis- ~ ' sory note herei?~a~t~r su~~stanlia~~~ copie~~ or ic~enfi ji~~~l, to-u~il: ~ 425, 000. ~0 _ _ ?Stl1a~ ~ FIO[ic~a . Novar~s 15, ~ s 73 FOR VALUE RECEI~'ED~ the uadcrsigned, (jointty and se~erally~ if more than one} promises to pay to HA?~II,TON BAi~IIC OF N~SHVII~E, i~'ashville, ~ennessee , or order, in the manner hercina(ter speciiied, hc principal s~ of Four Hw~dred Ztaenty-Five ZY~ousand and NO/100 ~ DOLLARS 'S Q2~j~QQ~.Q ~ with interest irom date ~t the nte oE 9~ per cent. per annum un the balance from time to time remaining unpaid. hc said principal an intercst shall be payabie in lawful money of the L`nited States of America at 200 4th Avenue North~ l~ashville, Z'E'I'111. 322~1or at such place as may hereait~r be designated by writt~n notice irom the holder to the maker nereof, on tne date and in the manner ollowing: Principal, only, due payable on Nov~anb-c~r 15, 1976. Interest, onZy due and able on Februazy 15, 1974 and quarterly th~seafter until the principal balar~ce is paid full. Also, Orie Per Cent (1$) oontin ' ~atmitrrn~t fee of the unpaid balanoe shall be due and payable on Nove:?~ber 15, 1974, subsequently on the 15th Day of Novgnber of each year ; theseafter until the pr,i.rycipal bal is paid in fu21. II~ 2his z~te may be prepaid in fu11 at an time wit-haut penalty. I ~ C~ ~ ~z - _ . Ij Tnis no:e s.ith intercst is secured by a mortqaqe on r~al estate, of e~•en ciat~ her~•wit macie by rhe mawe[ he~coE in :~~•or of thr said 'pa.•ee, and s6ait be construed and entorced accordiog to the iaws of the Statr of Fiorida. Th t~•rms of said mortgage are by t}~is rei~rence ~ made a ,~art hercof. I IE dciauit be made in the pay-ment o( any of the sums or interc:t meotioncu' hcrcin or :n id mortgage, or in thc pcrfurmancc o; any of tne aqr~ements coneained herein or in said mortgage, then the entire principai su~u ard ac ed interest shall at the option of the noider hrrcof txcome at once due and collettible without notice, time beinG of the essence; and sat prineipal sum and accrurd intercct snail both bear intcrest from such time until paid at tne highest rate allowabie under the laws of the atr of Fiotida. Faiiurc to cx~rcise this option si~ail not constitute a wai~er o( the rig~t to exercise the same in the rcent of any subsequent ault. ~ Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notic~, notice f protest a~~d notirc u( uis- honor and agrees to pay a11 costs, including a reawnable attor~ey's fee, whethrr suit be broutiht or r,ot, it, atter ma rity of this note or dci:wit nereur?der~ or under said mortgage~ counsel tha)I be emp:oyed eo collect this note or to protect the srcurity of ' mortgage. Nhen~.•cr used herein the terms "holder". "maker" and "payee" shall be construed ia the singular or plura s the cor,text may ' require or admit. L~rir~i I ~takeis Address ....a..'j~S:~..'..I.]II17.~C~..Pct7C~SYllg.• -..-.....~SF.ALj I ................................................................................•••-•••.............••ISEA~I ZOOZ Rl.CY3c'lYYI JOILL'S ~d , . Nashville 2tennessee 37215 ~ ' q . . . ~ . . • BiIOK~~V PAGE~~V1 . 'SEAL~ ~~,~.~c.