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Home My WebLink About1149 i i . 1. , • ~ ~Q ~e ~ t0 jjV~ Ihs same, together wit~ Itie lenemen~a. herecrifampnls ancl aPPu?fr nancas thpreto 6Plon~inp, an~ the renls, issuet a?:~ pro(tta theroo(. unfo I~~e mo~tgages. in jee simp~e. ~ Ihe mortgogor rn~~enanls witl~ the mortgngee that the mo?lgogor is indefeaai6ly aeized oj said ~anc~ in fee simp~e: ltiaf t{~e morigago~ has gooc~ ~t9ht and ~aw~u~ authorlty to convey satd land w ajore- suid; t{~at the morlgagor will mul~e such f urther nssurances to pe~rct fhs (ee stmple title to snid Iand In the mo?tgngee as may recuonably be required: that t1~e mortgagor ke?e6y f ul~y wairanls tke IIIIe to satd land ( and u~ill defend the same agairut IF~e lawjul claims o( al~ persons whomsoevsr; and tl~at said land is Jres 1 and clear of all encumbrances ? i , ~ ~~QV~~ ~~ys~ ` lkat if saicj mortgagor il~nU PaY unto aaid tnortgu9ee tke certain promL- ~ sory note ~ereinajler su6stantin~~y copierl or icjenti~iec~, to-wit: - MORTGAGE NOTE ~ s 24,800.00 Fort Lauderdale , Fbrida . 1974 FOR VALUE RECEIYED, the undersigned promises to pay to the order of BANK OF TAMARAC The principal wm of _ Twenty our t ousan e g un re an no DOLLARS ' together with interest thereon at the rate of 9 1/4 ~cent per annum from date until maturity, both principal and interest being payable in Lawful Money of the United States, wch principal wm and interest payable in installments as folbws: $212.39 shall be due and payable on 3 ~ , 1974, and $212.39 shall be due and paqable on the z,~_ day of each and every ! month thereafter until the entire principal balance plus accrued in- ~ terest shall be paid in full. • ~ ~ This obligation is prepayable in whole or in part prior to maturity ~ F without premium penalty or notice; however, no such prepayment shall relieve the maker hereof from making the next regular installment coming ~ due hereunder. ; ~ Such installments shafl be a lied first to the interest accrui PP ng under the terms of thls note and then to a reduction of the principal indebtedness. The makers and endorsers of this note further a~ee to waive demand, notice of non-paymeM and protest, and in the eve~t 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 percent per annum from maturity untit paid. Tfiis note is secured by a mortgage of even date herewith and is to be construed and e~forced acoording 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 remaining unpaid shall, at the option of the hotders, beoome immediately due and payable. Failure 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 holde~ hereof intend or expect i i ~ to charge, accept or coilect any interest greater than the highest legal rate of interest which may be charged ~ ~y under the Laws of the State of Florida. Should the acceleration hereof or any charges made hereunder re- ~ sult in the compuWtion or eaming of interest in excess of wch legat rate, any and all wch excxss shall be and the same is hereby waived by the holder hereof, and any such excen shall be credited by the holder to the + balance hereof. PAYABLE AT: 6000 N. University Drive ISEAl) Mary Catherine Jones ~ Tamarac, Florida 33319 ISEAL) ~ ~ r SEAL) or wch othe~ place as shall be designated Charles Jay c wa ~ by the holder of this note in writirg ISEAL) ~ ~ LAW OFFICES a11ANAM, HOOOE L SWAN, PROFESSIONAI ASSOCIATION ' 30t1 EAST COMMERCIAL BLVO„ FORT LAUOEROAIE, FLORIOA ~330t , . BODRK~ fA6E~~ _ - - - . ~ = x x.. ~°~ti . ~ , _ . .Y, _ ~ _ ~ ~ _