HomeMy WebLinkAbout2416 t
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~o ~iaue ~d to 3iotd f~~e same, fogel{~e~ wifh t{~e fenemenfs, heredilamPnft an~~ upp~ufv
~ ~~ances I~ereto he~ungin~, an~ t~~e rnnts, issues an~ proJils Ihereo~, unfo 1~~P mortgagee, in (se siniple.
Il~e mo~tgagor covenanls w~~h ~h~ mortgagee lhot the mort~agor ia indejeasl6ly seiuKl o~ said
~an~ in fee simp~N; Ihnf f~~e mortgaflor has gooc~ right and ~awju~ aulhorily !o convey said land as ojoro-
i said: t11A~ (hR mo?tQaqor u~ill make sucl~ /urther assuronces lo pe~f
rct 1he (ee ~imple title to suid Iand in the
~ mo~tga4~ee as mny reasona6ly 6e ~equired: t~at the mortgago~ he?eby (ully warrant~ the title to said land
a?ic1 u~ill deJend Ihe same ngainst fhe law/uI claims o/ all persons w{~omsoever: and lhat satd land is f
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i and c~~ar of AII CIICIIRI~~Q~1CP3
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; ~(~QV~~{L ~~((~Ays~ that iJ saicl mortgagor sl~all pay unto said morfgngee t1~e certnin promis-
! sory note hereinaJfpr suf~sfanfia~~y copi~ or ic~enti~iec~. !o-u~it:
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i12,900.00 west Pal~ ~eath. Fla.
Jun~ ~ y a , 19T4
FOR VALI~ ttEC@M~• #.he undsrsiqn~d psamis~s to pay to
JOt~f S'IEPt~N YEAST, sin91~, snd RO~RT L. YEI18'! and W1RY L.
YF.AST. huaband and wif~. or ord~r, th~ pri~cipal sua+ of ;
s12,300.00, Mrilb intes~st fro~ dal.~ at th~ sat~ of 8!~ p~s ~
' cent p~s annus on th~ unpaid balsnc~ until paid aaid prf,nci•
~ pal and l.nt~s~at shall b~ paYable at ~i~ q n/, ~~t~ .~ft . ~
E ~Iaeow~ _/~%~.r's b~ ~s,r or at sueh other p~ayc~ as tlr~ ~ _
9 hold~r o~ this not~ vay desi~nat~ in ~aiti in ~eonthl ~
` installar~ta of ~2~6.46, co~wncinq on tt~~"~3tt~ day ot~ ~u1q. ~
~ 1974, and on Lh~ l~th day of •ach eonth th~s~aft~s until the ~
~ principal and int~r~at ar~ ~u31y paid. -
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Said ~onthly install~nts are to b~ applied first to tt~ intersst ?
accsuing tsch acwnth on th~ ~npaid principal balanc~, th~ rraain- ~
der of ssid installoent cs~dited to r~duc• th~ balancf du~ on ~
tht principal. ~
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Thia notr ~ay b~ prepaid at any tim~ without p~nalty. }
It d~fault be wd~ in ttr~ payment of any insta2leent und~r this ~
not~ and if such d~fault is not ~ad~ ~ood Nithin 30 days tso~
th~ dat~ aaid instsll~snt was du~, th~n tl~a ~ntir~ psincipal ~
suo and accrwd int~r~st sAall at onc~ btcoa dw and payabl~ f
~ witbout notico at the option ot Lh~ hold~r oi thfs not~. Fail-
~ usy to ~x~rcis~ this option ahall not constitute a~aiv~r of ~
th~ sight to ~x~scis~ the same in the ~vant of any subs~qwnt
- d~fault. In th~ ev~nt of d~fault in th~ pay~nt of this not~ ~
~ ~ and if t!~ sam~ i8 colltct~d b an ettos7+sy st law th~ und~r- ~
~ siyn~d h~r~by a~ •a to pay a~ costa of coll~ction, includinq ~
a r•asonabla attorney~ s f~Q, prQ~ent,~snt~ prot~?st and r,otic~ v~
as~a h~rs rra1ved. Paat du~ p~ri~cipal and int~r~st ahall b~u ~
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_ intertat rom aaturity at 8S~ psr c~nt p~s annum until paid. .i #
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' 0 R s/ Rosa E. Cook ~
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