HomeMy WebLinkAbout2459 ~ ~i ~ !
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~t the iam~, togel~er wifh Ihe tsn~menli. kendifum~nta and appurte-
nances 1/~ereto 6e~onging, nn~ Ihe rent:, issuoi ond pro~lfs lhereo~. unto fh~ mortgngN, in ~ee atmp~e•
T1111~ fl~e mortgagor covenanla wit{~ the mortgagee i{~af !h~ nwrtgupor ia indf~.a,t61y aeIsed o! aatd
land in Jee simple: thaf the mo?tgagor kw good right and Iawjul autko~ity to convnr said iand na a~orr-
said; that the mortgagor wtll muke auch ~urthe~ os~wances to pf~rct t6e ~e~ stmple till~ to iaicl Iand in tkt
mo~tgagee as may reasona6ly 6e required; fhat tke mortgagor I~eroby lully wananb tke tills to ,atd la.~d
and wil! dejend the aame against tl~e law/ul claims o~ all penons wkomsoever: and that said land ta lree j
and clear oJ all encum6ronces except taxes accruing subsequent to December 1, - _
1973.
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' ~rou~ded ~lways, that i~ said mortgagor s{~a~~ puy unto saic~ mortgagse t/~e certuin promL-
~ sory note {~ereinnf ter su6stannally rnpied or identiJied, to-wit: ~
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MORTGAGE NOTE .
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~ s_ 5, 000• oo March 8, , ~ 9;~:
FOR ~'ALI;E RECEI\'ED, tht undersign~d, iJointly .~nd srv~r.illy, i( mor~ ~h.~n un~•1 pruuus~s to i~:~c a,
RAPHAEL J. GRAY
, ur r.rd~r, in th~ mannrr hereinah~r sprcified, ~
the principal ~um oI TWENTY-FIVF. THOUSII.~ ,`)OI,IAILS anc? -----------------------------No /(OC~ DC~LL.ARS ~
; s?~j~ 0~. with intenst (rom dat~ at the nte o( 8 prr rrnt. Fxr annum on thr balanre (rom um~ to time r. ~naining unpaid. ~
1~h~ iaid ptincipat aad intuest shaA b~ payable in law(ul monr.• ut the l'nitrd tititrs ut .~n~~r~ra ~t j~.Q. T3pX 3`~1}~ d
! S@Tl Beach, FL or .~t •a.i3 pi.~.r as u~e~ h~~~.~~t~~ b~ ~!~~ir:~.~tri! .~nit.:i uuti~~• fruin thr h,dd~•r tc. th~ mrfccr h~rrul, i~~i
~ ~n~ date and in th~ manner folto~inc:
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~ Pa~It:^.er.is to be z~a in ;'iti 7) eaual a,ui:;al ii.~',-t i ~ r~~ n'..- o;' -
; ~~,i;C?7.J0 plz:s ini~,•r~t; aL tli~~ i•ate ~f ~>~t, F,~~~• ;~tui.:!~s ~~s: ' i-~~• .
~ i:npaid balance. Yrivili ~,t i: t_ iveil ~o :,r~•i~a;; .~~f. a~i, t.i:,:~~
~ without penalty. -
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~ First pa.yment being due one (1) year from date hereof.
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Thii note with interest is ucured by a mortQaqe on rral estat~, o( ~a•rn datr h~•r~•with, mad~ by th~ makrr hrreuf in favor o( th• said
pa~•re, and sha8 be construed and enfurc~d accordin¢ to th~ law~ u( th~• Sutc oI f~lurid:~. Th~• t~ rm~ u( ~a~d morteae~ uc by this ref~•re•n~e ~
- ~nade a part hereof_ ~
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_ IE ddault be made in the pay1nrnt o( any o( thr sums or intrrrst m~neioned h~-rrin or in said mort¢ac~, or in t::e prrt~~rman~c of
=a ar.y of the aqreemrnts conta~nec: hercin or in said mortqa¢~, thrn th~ ~n~irr pnn~ ~~al sum and accrurd intrrest sh.ill at thc npuun u~ tt~r
holder herco( becom~ at once due and colle~tiblr aithout notu-~, timc fx•inK o( thr rsxnce; and said princ~p.~l euin and a~rrurd lnt~rr,!
`y shall both btar int~r~st from such IIITIf unt~l paid at th~• hiqhr~t r.~t~ altnwrble• undc r tF~~ I:~ws o( th~ St:~t~• of Fi.ri~l.~--t'ailurr to ~xercis -
- ch~s option shall not corotitute a wai~•er~ ~~f the right to rxrr~ iu thr samr in thr ~~~cnt of rny suLx~qu~ nt d• :.r~lt. f
Each perwn liable h~rcon Mhrther mak~r or endorser, h~rcby wai~~s prexntm~nt, prutrst, noticr, nut~ce of prot~st end nMice of dir
honor and agr~e~ to pa,r• aA costs, includinR a r•a~nabl~ attnror,v's fce, r.h~•th~r su~t 1H• bruucht ur nnt, if, a(i~r ~n.~tuntv u( this n.~tc or dcfnutt ~
h~reunder~ or under said mortgaQC, counsel shall tx employ~l to collect this nutr ur to protcct thc sr~ ~ui~y of s.,id n~ortK~K~' '
Khentver usrd hertin th~ terms "hold~r"~ "n:~k~r" and "p~yr~" shall fx~ ron~trur~i in th~• sin~;ular ar plural as tht ~ontt:t may
- requitt or admit 5
x.~ I?iak~r's Address _ _ . . . . /SE:~I.I `
JOIIN I,. FA13I~ ~~`'r ' ' .
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