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~0 ~ t~e sarns, fogeltier with Ih~ t~emenls, hs?edilamenb on~I appurte- •
hances th~to ba~onging, an~ fh~ rants. issues and prollfs Iheroo~. unto Ih~ morfgagte. in ~~s simp~s.
~~he ~o,~•~•~a uwilk tke mortgagee thnt ~h. ~w.+9aeor ta tnd.jewt6ly astsed oJ s~td
Iand tA (ee ~imple: ll~at tl~e mortga~or luu good ~Aht and bwjul authority to co~w~? sdd la.~d as ajon-
~d; tl~al the niorlgogor u,iU mal~e aucl~ (urthe? assu?a??csi ~o wrl~ce eh. J« simpl~ tit~e to anid Iwul tn ik.
~wre~.. w moy ~.aso~sbly b...qut,~.d; tlwe th. ~o.~gogo. he.~sby /uUy ~~u eh. a~b eo said lond
und will dejend tt~e saine agdr~st t1~e lawf
ul clatnu o( aU penona whoauo~~'K~ and ~hat ~aid land i+ j?e~
~nd clea. ol au encum6~ ~
In additioa to the abave pay~ents, tha ~ortgagor or any avaes of the sub~ect
pseaie~a herein shall pay to the ~ortgagee, at least thirty daya prior to ite
due date, the payaente reQuired to be ~sde to tbe prior mortgagee, in addition to
the ~nnual real eetat~ tazea. a11 aa sstisated by the mortgagee and full irrevo-
cable authority is hereby given to the sortgagee to apply the sm~e ta any prior
~ortgage payaant and tazes. If the amouat paid by the ~ortgagor is insufficient
to pay for sIl of the aforesaid itess, the aortgagor agrees to pay the deflciency
an deaand, and failwce to pay sai~ deficie~n~y shall constitute a default uader
this a~rtgage.
The grace period contained hereinafter shhll not apply'to this requirement.
~ ~ .
~~s~ t{?a! ij saic~ rna'lgo9or ahnU Pay unfo suid mortBuAee the certain promia-
aory nofe ~ereina(ter su6atantiolly copied o? ~enti~ied, to-wif:
{ I
' July 17 lg 74
i ~ 48 , 600. 00 Fort Lauderdale, Fla.,
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~ FOR. VALUE RECEIVED. I, ~ve or either of us, joindy and severally promise to pay to the order of
~
~ STANLEY SOLTZER and JACOB S. T.AMPERT
FORTY-EIGHT THOUSAND SIX HIJNDRED AND 00/100 DOLLARS --------------~_r_~__~_
the surn of
? at c/o Bdvard E. Breger, 485 Madison Avenue, New York. Ne~ York
~ in tbe foUowing manner and on or before the following dates:
Payable in five (5) equal annual instalLnents of $9,720.00 each, together with all
accrued interest, the first of vhich installments shall be due and payable on or
J before the 31st day of July , 1975, and thereafter on the same date of each
~ successive year until paid in full.
~ f This note may be prepaid in vhole or in part at any time after January 1, 1975,
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~ without penalty.
;..zth interest hon. 3uly 31. 1974 at the rate of seven 7~r cent, pcr annum until paid,
~
~ payable annually upon the unpaid balance.
~ j
~ All payments shall be applied first to interest and then to the next principal pa~~ments to come due. If any of such
~ ~ payments of principal or interest remain unpaid for thirtv1~0~]ays after the same bec:ome due, the entire principal
~ sum and avcxued 'wterest thereon shall forthwith become due at the option of the hol3er. ~
_ ~
SLoald it becoo~e neRasar7 w colkct this notr t6rw~ an attarner. eacL of us. wfietLer makn. wMY or maorser on t6i~ note. bereby alCm~ W W!~ P~ for
sucL coiketion. inclodias a rcasooaAk sita~*~e~Is tee. '1Le draxers aod endwicn jevenllT wu~e P~'~tment WY~o~+ P~est and nolice of
- J- ppA'PtY~s~ OF l~llf 90k• iOd UIR! OE ~iY~A~ Ilq~ b! CI~l~M~ wN60o~ OM)M IO ~L!'m.
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~
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! y ~
_ / ~ SEAL)
T ~2,~-•-c~t..-• SEAI,) ,
- Gr e . Ba s
-A ` sE~. ~ csE~.~
,
Both as Witnesses and not ~ f~J~~rs ~ ~ ./~j~,
~ or endorsers
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