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HomeMy WebLinkAbout2708 30 ~11~~ ltie same, fogel{~er u~iih Ihe fenements, herec~ifamenls an~ appu~le- i nances IhP~P~O be~on~ing. anc~ iliP rents, issues and pro(ils ftiereo~. unto 1{~e mortgapee. in ~ee simp~e. ~ Ihe morfgagor couena~ls wifh fhe mo?teages l~at fke mortgagor is tndejeniib~y seizec~ o~ aaic~ ~ land in Jee simple: that ~fie mo~tAogor hw good riAht and law/u! aulhority to convey ,atd Iw~d as ajoro- ~ said: lhat Ihe mortgagor wi~~ make tuch f uritie~ assurnnces to pe?ject ftie ~ee simp~u i:::s to ~atd bnd i~ the ~ ! mortgagee as may reasona6ly 6e required: fhat the mortgago? {~ore6y ~ully warmnls tke ttlle to ~nid tand i and u~ill de(end Ihe same again~t the lawjul clnims of all penona wko?nsoever: and tl~n! said land ta ~ree and clpar oj"a-Il -encum6ranc~?a a I ~rQV~~ ~~ys~ t~at_ i( saFd mortgagor s/?a~~ pay unto saic~ mortgngee the certain promu- sory note hereina(!er su6sta.?~~atly copiec~ or identtf ied, to-wit: ~ g , l~ort Pi~sc~, Elorida, Jtily,_ 1974 . 1ror valu~ r~c~iv~d, w~ prasia• to pay to tL~ ord~Y o! etxiE~ BOUlt1~IVAL e~ C~CILE EMM~ HOVRI~IVAL, hi• ~ril~. 16a0 80uth Oc~an Doulwa~cd, 118-1~, panp~no Bb?ch. ~lorida, 3~062.th~ sus of ~HIRq'Y- , DilliE THpU~D rIVE H~DRBp DpLIAR~, plns int~rut, at th~ rat• ot 7~i p~r aAnym, witb th~ principsl payrnts to b~ $~.000.00 aanually b~qituriAq Mith ~~pt~ab~~r 1975, and intes~~t payu~nt• to b~ paid Qnart~rty bsgititaiag S~ptaiab~s' 1, 2974. ; It d~lault is ~?d• in th~ psy~r~nt o! at?y install~wnt M1h~n du~, th~r ~ at th~ option ot th~ hola~r, saA witbout any otb~r aotfce, sli th~ r~maiaing installa~rnt• sbsll b~ du~ aad payabl• at onc~. Privil~q~ ~ i• qiv~n to pay two or ~sor~ inatallseots at aay iA~tall~At maturity : dat~, but tbia ~l?all not ~xt~ad t2s~ tiu~ of ~saturity o! aAy sub~s- ~ qu~nt in~tallm~nt. Neither to=b~aranc~, nor acc~ptanc• by th~ bold~r ~ b~r~of att~r sny d~tanlt in any peys~t h~r~on, shall ba d~~s~d uc- ~ tst~s iaa . Sscb sak~~ surety en!! endorser her~ot, jointly anA s~v~rally waiv~s d~aand, pz~~u~tmsnt, protut and notic~ o! prot~at Lor ~oA-paya~at, aAd lnrth~r aqr~~s to any ~xteA~ioa ot tim~ o! pa~nt, •ithes b~for• os after eaeturity, withou~ n~otic~ to ~Y of us s and to pay all costs ~ ot oollection, including a r~asonabl• attorn~y'e in th• ~v~nt of ~ aay d~~ault hereund~r, and h~roby e~vera~ly waiv~s all ben~lit of ~ hoa~~~t~ad and ~xemption una~r ths coastitution snd lawe of ~ach Stat~ ~ ot th• Unit~d States, au aqainet this obliqation or any sxtensi.oa or - r~rwal hsrsal. ~ wIT~TBBS the hand and stal. ot each party. ~ ~ ~ ~_>1 $tat~ ~taaps a!lix~d ~ !o th~ osiqinal not~ dnA oa~celtb~ ~~CBAlL P. RSC~QbD (SFJ?L) ~ Micha~l p. Richmond ~ $ . !SEAL) ~ZC~ ~ Janin~ B. Rich~aonc! p ~ F~~ . . . - - . _ _ - - - - u ~ ' ~ ~ , . . . _ v - ~ ~ ~ - ' - - . ~ :