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HomeMy WebLinkAbout2872 I ' i ~ ' ~o ~laue and to ~old the same. 1o~~lhe~r u~ith f{~e ten~menfs, heredilamenls an~ appurte ~ nances fhereto helonging, ~nc~ !he renls, issues nn~~ pro(ifs thPrcw~, unto ihe rnort~apee, in Jee simp~e. ~ ~nd fhe mortga,ryor covenants with If~e murtc~n~ec~ t~~at l~~e morlgagor is int~eJeasi6ly seizec~ o( saic~ la?ul in f ee simplp: lhnt Ihe mortgagor has ~ood ?ight and lawJul autl~ority fo convey saicr lan~/ as o~o~e- sai~; fhat the morf~ac~or wiQ ma~e sucf~ jurf{~er nssurances to pe?Iect t~~P Jee simp~e fi(le !o saic~ ~anc~ in t~e morfgagee as may rensoria~~~y ~e reyuire~; t{~nt f~e mortgn{~or f~ere~y (ut~y wanants the tifle fo saic~ jar+~ and wi~~ clefend Ihe same against lf~e lawjul clainu o~ ol~ persons ~ohomsoer~r; oncl t~~a! said lancl is ~ree ~ anc/ clear o( aII encumbrances except 1973 ad valorem taxes. , i i t i i ~ I , ' ~roueded ~ltways, fhn! i~ sni~ mortga,yor shnll pay unto saic~ mortgagee t{ie certain promis ~ sory note l~ereinaJter substantially copi~c~ or icjenti~ie~c~, io-u~it: - - - _ - - ,S/~1~~ / 3 ~;76,b35.00 ~ VERO BFAC' . FLORIDA 197- .~8 her. einaf t~r _set _ forth efter da I, we or either of us promise to pay tc~ the order of - - - - ~ BERYL- J . DICE ~ - - - Seventy Six Thousand Six Hundred and Thirty Five ($76,635.00) ~Q~~RS ; va}ue received, payabte ar _ 206 Greenway Ave. , Satell,ite B~ach, Florida W~th interest ~r 4sact~ ot~ier~•p~a~e as the hoider may designate in writing ' d8te at the rate of _6-. 6~°__ per cent per annum uMil paid; interest payable _annually . And esch of ~t whe~twr matc~r, yuerantor o~ e~dor:er, hereby ~everaUy wilvq snd renounces ~ny u~d ~il homesfesd ~xemption right~ we may ' },,ve under tFa Cw+stitution a lawt of the State of Ftor~d+, w~ny oth~r 5?~te, a U~itcd Sut~s +t ayefrot th~s note; and e~ch tunher waive~ d~msnd, roricn of no~-payment ~nd prorest, ~nd in event it b~comes necess~ry to cOfleCt thli noN tI?~OUph fn ~ftOrMy, prep to pay •11 :osn of wuecrron, ~~c!udirq re~sonabi~ artwney's fee. . tf dafault it mads in peymant wfien dw, then at tl» option of th~ hotdar, and withovl sny oth~r tatks, ~11 tM runainlnp balarx~ ~hafi Fre ~ d~~a and pay~bl~ o~t~. ~ This note shall be payable in ten (10) equal annual installments of $7~663.50 of the principal, plus interest then due~ commencing one year from date and continuing thereafter on the corresponding day ~ and month each year until the principal and interest are fully paid, : e~ch paytnent being first applied to interest and the balance to ~ ~~incipal. ; ~his note shall not be prepaid prior to January 1~ 1975. ~ Thereafter, the Maker may pay any part o~ all of the unpaid principal i at any time before due without payment of premium therefor. : If any payment is not made within 30 days after it is due, the entire ' unpaid pricipal shall become due wi c,~+uG Ptic~ e option of the = holder . ~ ~~~-`-r- --'-l-''- - 2. _ SE~+~ ; ~~1AC0 GROVES , INC . BY W~~ a*n ~ ers ~ resident ~ ~ ; r • ; No. . _ _ Due - y_~'~' ~~~=~1-Z-~~~'~=-~~ Gs»--- SfAI ~n E`. ~ombs, S~cretary ~ ~ ~ ~ , !f 1~ i, ~ ~i 5 . it _ 5 ~ _ _ ' 1 _ _ x 1 _ ~ i i o R,,~ ~p ~or. BOOic ~~J~ ''A ~J.~~. ij ~;Dr_~r P~~?~.01~ C3f ~r ~~,s~:L tt~t:+~J~t3