HomeMy WebLinkAbout1309 .
;
~i ~
~o ~ue ~nd to ~iotd !he same. logether wifh tl~e lenemenis, herediian~~,~ytt,'~~1 u~?purlP-
i - ~
nances Iherefo ~?e~on~~ing, an~ fhe renfs, issues an~ prolita t~~ereo~, unto 1{~e mortgagee. in ~Pe simp~e.
~nd the mortpagor coi~enanfs wilh tl~e mortgagee Ihat the mortgagor it lndejeaai6ly seized oj said
la~~d in ~PP simple: Ihal fhe morlgagor hw good right ond lnwjul authortty to conuey ~n~d !o?~d as ajor+e- I
~ saic~; thaf f{~e morfpagor wi« make ~uch jurfher assuran~es fo per~pct !tie ~ee sirnp~e fil~e fo :aid ~and in the
( morfga~ee as moy rensona6ly be requirec~; l~at the morlgagor he?e6y (u~~y waRanfa f~e fif~e !o saic~ ~and
~ an~l u~ill de(end the same against the lawf ul claims o~ al~ persons whomsoever: nnd ll~at said land ia Jree ,
and clear oJ all encumbrances
~
~I
i -
~1
~rouided ~lways, f~af iJ said mortgagor shall pay unlo saic~ mortgagee !he certain pwmis- ~
~ sory nofP tip?einaJfer suE~sfnntially copiec~ or ie~eniified, to-u~if:
~
MORTGAGE NOTE
a 3 2, 000 . 00 gert Pierce F lor ~da
January 13 , t9 75
. FOR VALUE RECEIVED, the unders~gned prom~ses to pay to the order of
BANK OF TAMARAC, a State chartered banking corporation
The principat sum ot Th i rtv-Two Thousand and noT100- - - - DOLLARS
together w~th ~nterest thereon at the rate of _9_?5 percent per annurn from date _ .
until maturity, both principal and interest being payable in Lawful Money of the Umted States, such pnncipal ~
wm and interest payable in installments as fotlows:
S274.05 shall be due and payable on February 13 , 1975, and
; S274.07 shall be due and payabl~e on the 13th day of _each and every month
~ thereafter until the entire principal balance plus accrued interest shall
~
~ be paid in full. '
~ This oblicagion is prepayable in whole or part prior to maturity without
~ premium penalty or notice; however, no such prepayment shall relieve the
maker hereof from making the next regular installment due hereunder,
~
~ Such ~nstallments Shaii a~~~~iird lirst to ti~e interest accruing uncier the terms ot th~s note
~ and then to a reduchon ot the principal indebtedness.
~ The makers and endorsers ot this note turthe~ agree to waive demand, notice oi non payment
and protest~ and in the event su~t shall be brouyht for the collection hereof, or the same has to be collected
upon demand o( an attorney, to pay reasonable attorneys' fees (or making such colfection. All payments ~
~ hereundet shall bear mterest at the rate of ten percent per annum from maturity until paid. This note ~
r~ is secured by a mortgage of even date herewith and is to be construed and enforced according to the laws 1
~ - of the State of Florida; upon detault in the payment of ~xincipal and!or interesl when due, the whole sum
~ of principal and interest remaining u~pa~d shall, at the option o( the holders, become immedietely due and
~ payable_ Failure to exerc~se this option shall not constitute a waiver oi the nght to exercise the same in the ~
event ot subsequent ciefault.
u;` The undersigned does not intend or expect to pay nor does the hoWer hereof intend or expect
to charye, acr.ept or collect any intcrest greater than the h~ghest leyal rate ot ~nterest ~vh~ch may be charged
under the Laws of the State o( Florida. Should the accelera~~on hereot o~ any charges made hereunder re-
~ sult in the computation or eam~ng of interest in excess of such legal ~ate, any and all such excest st~all be and
`y ihe same is hereby warved by the holder hereof, and any such excess shall be cred~ted b/ the holder to the
balance hereof. '
~ PAYABLE AT: 6000 N. University Drive /5/ pi„re~ C._Schwaderer ISEAU -
Tamarac, Florida 33319 1~~ Melinda H. SchwadererlSEAL1
~ -
_ ISEAL)
~ or wch othrr place as shall be de;iynated
by the holder of this note in wNting ~SrALi '
~g,r
',5`-? 1_AW CIFFICFS GHA~~AM,NO[YC A. SWnN,npf)/ESSIUNnI nS•.r)r~A/~f)N
~ lOSI EAS~ COMMEAUAI HlVO.. ~OH! 1_AUDCR~ALE, FL0~710/~, 7))O ~
~ ~ ~ : , ac~K P~cE
~ ~l - 1306
~
~ ~
, .