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1' l~~e same, f~~el~«'r wi!{? t~~N tenements. herec~ilame~ils on~ appurfp !
~ ~o }inue and to ~totd
~~ani•~~s f~~rr~~lv 1~~~~~~qin{?. an~~ t~~r rents. issues anc~ pro(ils l~~e~coJ. tutto 1~~e mortgage~'. in ~ee' simp~e. 1
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t~ ee I~~ai I~~e mortgagor is inc~efeasibly seizP~ o~ ~ai~ !
~nd Ih~• morli~ac~~~r ~-orenanls w~~h ~h~ mortgan d~au~~ul authority to cont~ey sait~ lanc~ as a(ore- ~
~cuu~ in (~•e simp~e: l~nl i~~e morlgagor {~as gooc~ rig~! an
~~i saiel; Il~at ~li~ mo?~41~9°~ i~'<<~ ^~ake such (urthe~ ossurances to per~ec! the fee simple Iit~e !o said Iand in the ti
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?IIOIII~p<~PP es may reasona6ly 6e requiretr: that ~he m~orQlt fl~p ons ~wh~ msoeuer~aancl Il~at, sald` Ianc~ ~s `I
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i~~~d u~ill cleJt~nd the snme againsf 1he lnw(ul rlaims ( p '
an~~ c~ear o~~ enrumf~rances ~ i
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~ unfo saic~ mo?t9a9ee !tie cerloin promis- ~
~ ~rouided ~tways, f{~at i( saic~ mortgagor sha~~ paY
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sory note ~~ereina~fer suhslantia~~y copiet~ or it~enfiJietr. to-u~it: i
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s 105,.OOQ ~ Pompano_Beach Februar _ . ~9 74 ~
Florida _ . _ . . y f ~
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• FOR VAIUE RECEIVED ths undsniynad pranmses to par ~o the ader oi
: HOKE.. PROPERTIES, ...INC. . F
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?he ~....o,~~...~u~ar~a...s.~..Thous.ana ~.na o011..00.._.--.---.---- oo~~a~:,S ~06,000.00
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rope~her with interesl M~ereo~ 6an date, at the rare of °.--.-7-~1,~Z. .....»»».........P~ cent. annum „~~,,.,~,,.:a;a ~nte~est
' c~~~ annually . _ aaY a . February.... _ i
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~ each year, both principal and ~nferest being payabk in I~w1u1 money ol the Ur.ited Stafes o~ its equivaienl, at P. Q.~OX.. ~46
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; Jensen Beach, Florida '
~ .__._......••_--...............said principal wm to be paY~ble on ?he dafes and in the amounls sPetd+ed below. ~o-w~t
s Payable in seven (7) equal annual payments of $15,142.86, plus interest at
~ the rate of 7-1/2% per annum on the unpaid balance. The First paymEnt of ;
~ principal and interest shall be due on the ~~'.~-day of February, 1975, and ;
on the same day each year until paid in fu11. Maker shall have the ~
privilege of prepaying the above note without penalty at any time after ;
~ ` January l, 1975p ~
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~ Each maker aod endorser severally waives demsnd, p?otest and not~ce of mafuritY, non-paYment or Orolest a~ atl rtquiremsnts necessary lo hoW each of ~
~ tRem I~able as makers and ewdorsers. ~
g Each mater ar+d enAorser fw~her agrees. janNy and seve.ally, fo pay all cos~s ot col~ecl~on, includirg a reasor~abls attorneY's Fee in case 1he princ~pal 01
S rh~s no~e w anY paYment on Ihe prinupal w any ~nteresl thereon n not pa~d at the respettive malunty the~eo~. o~ in case d becomes necessa?t~ lo protect the
~ s~~cumy hereol, whNher swt be bought o? no1
~ Tha nWe and de(erred inttKey py~ments shall bear interesl a! the raee of..-,•• ....per 1, per ann~m (rom mafwity uotil paid. s
Th~s nde is secu~ed by a 1S C ,___mwtgage o( even date herew~th a++c! is lo be cons and enForced accord,ng fo the laws d the Sta~e d Flo~~d~: {
~ upon default in Ihe payment of pr~ncipal andlw interesl due on a~y nole secured by said Mor ge, all noles so <rc and rema~ninq unpaid shall (orthwnh
hecomo dx• ~nd payable notwiths~and~ng their tenor.
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~ ; - Francis A~: ~~Re a
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