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Home My WebLink About1144 i . i ~ '~o ~aue and to ~nld the same. togeihe? wil~~"IRs~~en~menl's. ~eredita~neni~ an<I appu~te- • ~ nances fhereto 6elo~~~~~n• an~ t~e ?enls, issues ancl pro~ila Ihereoj, unto !he mortgagee. 1n ~ee timp~e. ~ ~ t{~e mor19a9or covenants wtlh Ihe mo~fgapee ltiat the mwtgago~ Is tndojewib~y aeized oj aaid ~and in f ee stmp~e; lhaf i{~e morfgagor ~w 9ood ~i8kt and law~u~ aulhortty to rnnvey ,atd l~~d os ajon- sa~c~: fRot the mortgagor will make such ~urlher assurances ~ per( 6~ ~ u~~ wa~tjt~~ t~~~~j~~ a~td ~and mortgaflee a: maY nwsona6ly 6~ ?equi?ed: t~at !ke morfgag r 1 Y and u~ill defend the same agatnst the law~ul claims o~ al! penona whomsoever: and Ihat said land is (roe and clenr of all encumbmnces I _ s rou'uied ~tways, tf?at i~ saic~ mortgngo~ ska~~ par unto said mo?t9u9ee the ce?tain promit- ~ y p ed or idenllEiec~, to-wit: sory ~ote {~ereinajler su6itantiall co i MORTGAGE NOTE = 24 000.00 7"~ -I(~?.-~1~-L~• , Florida il . 19 74 ~ FOR VALUE RECEIVED, the undersigned promises to paY to the order of BANK OF TAl`1ARAC The principal wm of Twenty four thousand and no 1~ J--- DOLIARS 9 1/4 date together with interest thereon at the rate of perce~t per annum from until maturity, both principal and i~terest being paYable in Lawful Money of the United States, wch principal wm and interest payable in installments as follows: ~ S205.54 shall be due and payable on 1974, and $205.54 ~ shall be due and payable on the ~ day o each and every month thereafter I ~ until the entire principal balance plus accrued interest shall be paid ~ in full. ~ This obligation is prepayable in whole or in part prior to maturitv wthe~maker ~ premium penalty or notice; however, no such prepayment shall relie e ~ hereof from making the next regular installment coming due hereunder. ~ ~ ~ " Such ~nstallments shall be applied first to the interest accruing under the te~ms of this note and then to a ~eduction of the principal indebtedness. The makers and endorsers of this note further agree to waive demand, ~otice of non-payment and protest, and in the event suit shall be brought for the collection hereof, or the same has to be collected upon demand of an attorney, to paY reasonable attorneys' fees for making such collection. All payments hereunder shall bear interest at the rate of ten pQrcent per a~num from maturity until paid. This note ~ is secured by a mortgage of even date herewith and is to be construed and enforced according to the laws of the State of Florida; upon default in the payment of principal and/or interest when due, the whole wm of principal and interest remaini~g unpaid shal), at the option of the holders, .become immediately due and payable. Faiture to exercise this option shall not constitute a waiver of the right to exercise the same in the event of subsequent default. The undersigned does not intend or expect to pay nor does the holder hereof intend or expect ~ to charge, accept or collect any interest greater than the highest legal rate of interest which may be charged ~ u~der the Laws of the State of Florida. Should the acceleration hereof or any charges made hereunder re- ~ sult in the computation or earning of interest in excess of such legal rate, any and all such excess shall be and ~ the same is hereby waived by the holder hereof, and any such excess shall be credited by the holder to the ~ balance hereof. ~ ~ ISEAL) PAYABLE AT: 6000 N. University Drive William J. Riffle Tamarac, Florida tSEAl1 SEAL) - usan R e - or wch other place as shall be designated SEAL) by the hotder of this note in writing Sylvia Norwoo LAW OFFICES GRA~~AM, /~ODGE L SWAN, PpOFE1510NA1 ASSOCIATION ~ 70~1 EAST COMM~C~I OHi E, FI.ORtDA 73~0~ ~ ~0~ ~ ~ 11 _ ~ ~ ~ ~ ~ . - ~ .r_