HomeMy WebLinkAbout2092 ~
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~ ~o ~taue and to ~iotd 1'~P sami~. I~~rl~~r~ u~it~~ I~~p le~~en~enls. ~e?eclilumenls un~ appiufp ~
nan~ rs Ilu~r~~to ~?~~~un~~in~~. ~u~~~ 1~~~ r~nls. issu~~s ~~u~ proJifs f~iPreoJ. unlo f~~e morlga{~ee. in ~Pe simple. ~
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nd f~~i~ murlg~u~ur ~~o~~~•n~nls wilh lj~~ morffl~fl~p f~~at I~~e morf,yugor is inc~e%~asi6~y seizri~ of sai~ ~
• ~uu~r i~~ ji~~• sim~?~i•: l~~al 1~~~ morfflngor ~as go«l ~i~~t nric~ ~au~rti~ aul~eo?ity to ~onvey ,A~d la~~d as aJore- ~
said: ~I~af ~I~N morlf~u4~or ~~~i11 mak~ suc{~ (urther ussura?~ces to per~PCt Iha Jee simple title to said Iand in Ihp i
mo~t~~a~~~•e as m~y n•aso~+ub~y he r~qe~ere~I; Ihal fhe mortga~or hereby Jul~y u~arranls t!~e lille lo said land `
ar?cF u~ill ~I~~/eved tl~P sum~ pf~ainsf fl~~ lau~/ul rlaims of a~l ~~~rsons u~l~omsoe~~er; a?id that snit~ ~anc~ is free ~
~ nm~ r~rnr o~ a~~ rn~~um~ranc•es
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; ~rou~ded ~lways~ l~~al i~ saic~ morlgagor shall pay unfo saic~ morfgagee f{~e certaen pmmis- ?
~ sory nofe ~ier~ina~l~r suE~sl~iitia~~y copiP~ or ic~enli~ietl, to u~il: `
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~~s ~,ereinaf~er set forth, after date, I, we, or either of us prom~se
ta pay to the order of CHRIS GERARD and CLARA E. GERARD, his wi~e, ~
rIFTY THOUSAND AND NO/100 DOLLARS, for value received, payable at f
7~i:- ~ j ".s~. •'_,_"~t- T-Cw , or such other -
plac as payees may direc n writing, w th interest from date at f
"tRe rate of 8$ per cent per annum until paid; interest payable annually ~
F:ith principal. . ~
If default is made in any payment when due and continues for 30 days, ;
then at the option of the holder, and without any other notice, all j '
the remaining balance shall be due and payable at once. '
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~nd each of us whether maker, guarantor or endorser, hereby severally ;
waives and renounces any and all homestead exemption rights we may have ~
under the Constitution or Laws of the State of Florida, or any other =
State o~ United States, as against this note; and each further waives ;
de.-nand, notice of non-payment and protest, and in event it becomes
necessary to collect this note through an attorney, ~grees to pay alZ =
costs of collection, including reasonable attorney's fee.
This note may be prepaid in whole or in part at any time without ;
penalty. All swns in default shall bear interest at 10$ per annum. f
ihis note is payable in the following manner:
Payment Principal Interest Total Balance
~ate Payment Payment Payment Unpaid
1/10/75 $6,700.00 $4,000.00 $10,7Q0.00 $43,300.00
1/10/76 6,700.00 3,464.00 10,164.00 36,60Q.00
1/10/77 4,575.00 2,928.00 7,503.00 32,025.00
~/IO/78 4,575.00 2,5b2.00 7,137.00 27,450.00
I/IO/79 4,575.00 2,196.00 6,771.00 22,875.00
1/10/80 4,575.00 1,830.00 6,405.00 18,300.00
iJ10/81 4,575.00 1,464.00 6,039.00 13,725.00
i/10/82 4,575.00 1,098.00 5,673.00 9,150.00 ~ '
1/10/83 4,575.00 732.00 5,307.00 4,575.00
1/10/84 4,575.00 366.00 4,941.00 -0- ,
. (gEps,)
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Lloyd Taylor
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~eoN PALE 2092 , .
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Roy :~J~nkir~,s4
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