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TO HAVE AND TO HOLD the same together with the tenementa~ hereditamenta, and
j appurtenances. unto the said Mortgagee~, and their ~+eirs and assi8ns. in fee simple.
1 AND said Mortgagor ior itself and its auccessors, legal representatives and assigns, doth
I covenant with eaid Mortgagee s, the i r heira, legal representatives and assigns, that
I said Mortgagor ia indefeasibly seized of said land in fee simple; that the said Ddortgagor hath
full power and lawful right to convey said land in fee simple as aforesaid; that it shall be
j lawful for said Mortgagee~., their heirs, legal representatives and assi8na, at all
times peaceably and quietly to enter ugon, hold, occupy and enjoy said land; that said land ia
free irom all incumbrances; that said Mortgagor. ita successors and legal representatives, ~?ill
make such further assurances to perfect the fee simple title to said land in said Mortgage~s.._.
I heira, legal representatives and assigns, as may reasonably be required; and that -
~ said Diortgagor does hereby fully warrant the title to said land and will defend the same
I the lawful claims of all peraons whomsoever. ~
~ aga~t
I P80VIDED ALWAYS, that if said Mortgagor, its successors, legal representativea or
~
~ assigns shall psy nnto the said Mortgagee~, the~ r ~egal representatives or assigna,
~ -
the certain promisaory note.-, of which the following in words and figures is a
~ true cop~( to-wit:
~ ppp Q NOft March l .~9-; .4
s.l~_80o.oQ,~ ~F~ZaR~deraale _n..~+••
( FO~ VALU< RtCtIVLD 11e wier~~ ~ir 1~ ~ M tie wier ~R WALLACE MERRICK a2'1C1
I LVELINE MERRICK, his wife, as ioint tenante
~Ae p~dpal w..L9~._~'.~~a~~D EIC~iT HIINDRED and no/100-------------- _----_.sL.n.n
March 15, 1974^
I toRethet wlth in~ere+t tl~ereon .e ..u d__._ 15 o~ n~new u¦~ w~~ ~t tad inte~es~ pa~abte In
k untll w+iturlt~. bo~h prlncipal ~nd latere~t bcle~ pTaele 1~ I~wtW Ma~
~ leuuileenu ~ tolb~n:
~ $50. 11 on the 15th day of April, 1974 and $50.11 on the lSth day of each ~
consecutive month thereafter until this note is fully paid. This note may
~ ;be prepaid during the first year upon payment of a Five (58) percent penalty
~and may be prepaid thereafter upon payment of a Three (3$) percent penalty.
I Such In~ull~ncnt psyment~ ~hall be applicd ~nt to t6e laeast ~oend~ ~~det* tie ~e*r ~"d ~ 1i° a reductlon oI ~Ae
priocip~l Indebtednet~. et. ~nd In ~he na+t ~ult ~hail be
I The maken ~nd enJo~scn of ~hlr aote funAet ~~+ee t~ wl~e ~asu~. wNke ~°°~•r?~*~ ~ P~
~ brou~bt ler tAe oollectlon hereot. or tbe ame Av ~e be eoikde~ r~~~ ~ M~t~~1• b/~1 ~~bk ~tterne~'~ ke~ tor u~akin~ u~ch
cotleuan. All p~~~nenu hereunder ~Adl bear Interdt at tl~e tate ~____'eroewt ~ asw~w t~w ~walu~ll~ un~il p~~d. T~~ ~fault n11~chr
` b s ~onp ot cren d~ie herewlts end V to be mnsirud ~nd statd ~to+dl~ r~ 1~w ~t 1~S Mate d~d~:
I p~a~went oi `rlnclpal and/or Inierat rhen dut. ihe whole ws el plar ~ Uua~t ~iw~ ~~V• at ~ep ~'O° ~ holJen.
beoose Immidluel~ dut ~nd psy~ble. Fdlurt ~o atetir t!b RtfM v •~,,~wr ~f 1Mrt~
t b et+eire t~e M~ ~ 1~ trMl
e~ ~ue.eyuen~ aet.a~~ t~ INVF:STMENTS COMPANY OF
• ~~r~ 1617 N. 20th Avenue BR+~WARD, INC.___.~,_~_.~SUL~
_._---....._._.._........._...........__.._..Y.._._....._
Fort Lauderdale, Florida By: RZCIiARD FLANZBAUM ~sW.)
RICHARD FLANZBAUI4, President ~
K wu~ o~h~r pI~a ~~hall ~
F~ ~wi~natd b~ t~e tioldu W tbU
Mtt b ~n1Un~. (3GL)
~
~ ~
and shall perform, comply with and abide by each and every tbe stipulations, agreements,
~ ~ conditions and covenants of said promissory note- and of this deed, then this deed and
~e i the estate hereby created shall cease and be null and void. ~
~ ~
~ ~ AND the said MortgaSor, for itaelf and its successors, legal representatives and assigns,
~a
~o~ 225 ~E 239
hereby covenant and agree :
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