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HomeMy WebLinkAbout1073 i ; : ~ I itamenta and a r- I TO HAV~ AND TO HOLD the aume topethar with tAe tenementa, hered . PPu ; tenancea, unto ths said Mortpayees , ard their heira and nsaigrea, fee arimple. ' m nd his .heira, leeai repreasntative, ~ {I AND the aaui Mort~aQor_, !or n ~ . i I a~ ~~9~ does covsr~ant with aaid Mortgagees, theirheira. legnl repreacntativea and 'I ~ ! ' ' asaigna that said Mortgagor-, is indejeaaebly aeized of aaid tand in fee aimpk ~hat ~ , the aaid Mortgagor has fuA power arid lawful right to convey said lattd in fes aimpl4 ~ as ajoresaid; tliat it ahaU be Iawfui for aaid Mordgagees , the ir l~i~, kgai representa- I ~ tivea and aaaigrea, at all timea peacsably and quietly to enter upon, hold, oecupy arid enjoy aaid iand; ; ~ ~ that aaid iand ia fres from all enaumbrn»esa; tAat said Mortgagor_, his keira and legal repreaentativea, w~11 make auch rwther aaaura»ce to perfect tlae fes aimpie tifle to aaid latul in aaid blortgage~, their k~, jeyd repreaentativea and aaaigna, aa may reaaonabiy bs required; and that said Mortgagor does hereby juily warrant the title to aaid ia»d and . ~ will defend the same agairiat tIM iawfui ctaims oj all Feraona whomaoevsr. ~ j PROVIDED ALWAYS, that if said Mort~aDor-, his ~ira, leyal representativea ? i + or assigns shaU pay unto tTis said Mostga~ee S, the ir 1egca repreaentativea or aasigua. the eerta.in pt~omissory note-, of which tlke fdlowing in wor.da and figurea is a true i cop~_, to-wit: µ ro t~o ~ ~ - rili~i.i~ - = - ..7 ~--~,s.~ a 72,562.50 Mia , Fio«a~ ~ September .1973 - ~VEC ?:1L1,.. KLl.t.11~}.:i~ tne un3rr~i~r.~d. (lo~r.dy ,.+c: ;:.:::~:1y, i: RiO:C tt.in ic~c) prumis~~ to pay to /AR~~IER E. WHITE, HOITE AGEY, and S~IUEL JACOBSON, as Trusteefor r'~RC D. - ' JACC~i`~:~ , or nrder~ in th~ manncr h~reir~~fter ep~r.f:cd, tt;^ pr.r~:~~,ai sucn uf SCVCI]~V-TWO F1VC' Hundred Sixty-TWO and ----------SO /1Q0 DOLi..~i<~ ~ ~ (572 ~ 562 . S~) witA inter•~! irom date at the rste of 8 pcr crnt. p~r annum on the balance hom time to time rcmaininS unp.~id. f 't r.c taid princip:sl ar.d ic!~rest chall be pa}ahle in lawful n:one•y i~f the Cnitcd States o( Am~ri:a at ~ ~iiami, Florida or at ~uch pl~cr as rni~~ hcrca(t~r t~c :lrsienatrd b~~ ~.rittrn noti~t from the holdrr to the makrr h~rco(, ~~n :~:r date and in the ii~anncr foUo~.ing: ~ ~ $24,217.50, }~lus accrued inCerest, payable on September 1, 1974; _ $24,217.50, plus accrued interest, payable on September 1, 1975; $24,217.50, plus accrued interesC, payable.on September 1, 1976. All or any part of this note may be prepaid without penalty at any f t ime . Notwithstanding the date of this ~e, interest thereon shall - ~not begin to accrue until the CC day of September, 19~. , ~ ~ ~ ~ F ~ t ~ This notc with ir.+.~rest is secured by a mortcaee on rcal est~te, o( ~~-n dat~ hcn~wit!~, n:ade bv th~ mak~r hercef in f~:or of th~ sa~d ~ p~~ee, and shall b^ ce:stru~d ar.d enEurced accord~:;~ to the la~s uf t~e Statt of Flor:di. The terms o( said mortgage are by this reierrnce ~ zde a part hereof. - If d~fault be rr.a~e in the ptpmcnt of anv o: thr sums or intrrext mentsrned hrrrin or in said niortqaqe, or in tF.e pctfotmance uf ~~z'~-'., a-i~~ af the a:rerment; con~ained h~ rein ot in sasd mort¢sge, then tee en!ire prir.ci~al sum and aceru~d interest thall at the rption of. t~e ~ h~Ider hereof b~con~e at ortce c~~:e :+nd cellectil~:c ..i:hout r.utice, time be•in¢ of the e,aenc°; and said principal sum and acrru~d inv r. >c ~ s~:ai: bcth. bear in:errct irom sech tim~ ur.tii paid at the hichest rate at:owable uriGrr th~ l:iws of the ~tate of Fiorida. F.,i:ure to exe:iisc ~ th;s option shall not conscitute a~•aiver t,f the ribht to eaercise tne sune ir. the c~•ent of any su5xqucnt default. ~ cach pcrson l:able hereor. v.h~ther maker or rr.dorser, herPb. M-ai~•es presentment, protest~ notice~ notict of protest ar.d nctice of dis- ~ hoaor and acrees to pay a1; casts, :ndudiuq a rcasor..~blc attorne~'s fee, ~vh~ cn~r ss~t Fx brou~ht or not, if, ~fter mawrity o! ti~i; avte or default S h-reunder, or un~:r said mureca-.e, counsel thall be ~mpioyed te co:l~ct this note or to protect the security of said mortK~K~- ~ ~h'henever uxd herein the terms "holder", "maker" and "payee" sh~'.I be construed in the singular or plural as the ccn:e~t may e~ rPyuire or admit. ry . r.= ~ . a r s Addrcu . ~SE:1l.) ~ 7211 S.W. 62n~ ~ivenue, Suite 208 GEdRGE~~~Y;: HOLLAHAN~;~~~~Jtt. , Truste~ South Miami, Florida 33143 It..~.._ ' ._...~sE:~L> ~~~cx ~~...~,a~~d~~