The URL can be used to link to this page

Home My WebLink About2461 I - ' ~o ~iaue and to ~lold Itia same. luyvll~tr ~uilh Ihe lentmenfs, hp?rdifumenls nn~1 oppurle- I ~ ~~anres t~~rreto ~ie~uuping, n~u~ fl~~ renfs, issues ntu~ pto~ifs fhere~o~, unfo the morfgagep. in f PP simp~p. ! ~nd Ihe murtpapor coi~i~nants u~ifh tl~e mortga~ee Ihat Il~e ?nortgnpor is indr/ea~ibly srized oJ satd lnnd in (eP SIRINIP: ~I~at ~he mo~tgapor has 9ood righl and law/ul aulhority to coni~er s4id lund aa aJon- ~ sai~: fhat f~a mur~flo~o~ iutll make ~uch ~urfl~e? ossurance~ to perrect Ihe ~ee simple Iille fo sai~ ~nnd in fhs morlgaflee as may reasonah~y fie requlred: ehot the mo~tgagor he?etiy ~u~~y warmnla f{~e ftl~e to satd bnc~ nnd iuil! dejend Ihe same against t1~e law/uI clntms o/ aR u~l~om•oP~~~-• ~nd t6nt aaid lnnd ia /?es _ Qnd clear o/ alI e~cum6rances except tBXG'S• accruing subsequent t0 December 31, 1974. PROVIDED ALWAYS: that if said mortgagors shall pay unto s~3d Mortgagee the certain promissory note hereinafter substantially copied or identified to-wit : - _ _ _ _ - _ - - / !'°'~''~'~!d,' _ ~ 5,800.00 _ 547 . - ~ Fort Pierae, Fiorida ~'~'t 15 ~ 9 T5 : - For value received, i, we, or either of us, promise to pay without defalcaflon to the order of - l~arti~ l~ts~uotioen Corpolatiac~ , st #~e offioa of the pnyee herein in ~ J;i~ce, Florids or at such afhet pF~aoe as the payee herei~~ha~j desi~naie in writirp, the sum of .t s8f~•o~l with intarest from date at the rate of o•~ % per snrwm, psy~ebla in monthly instalimenfs as follows, tawit: ~ 123.23 ~~Q 15th day of '~pte~¦btr lq ~S and a like wm on the corresponding day of each like suoceeding montfi thereafter until ~iSd i:t lt~ll. ~ In the eveM arry amounts cunentiy due and/or past due under the terms of this note are not paid by the22tid day of the month, a late penalty of 5.0% of tfie-combined amounts currently due and/or past due, will be added ro and oollected with whatever amouMs are due for ~e month in question. if cunently due end/or pa:t due payments or pa~ts thereof uncler tfie terms of this note remain unpaid at the end of any month, then said unpaid amount will be carried forward and added to the amounis i coming due under the terms of lhis noTe for subsequent months for the purpose af calculating subs~qt~v?t _ late penalties. Amounts due under the terms of this note are understood to be but not limited to. j ~ - (1) Regularty amortized interest and principal paymer?ta. ~ f (2) City and/or oounty taxes when pnid by the payee herein. (3) insuronae premiums when paid by the payee herein. (4} Senior mortgage paYmertts _when paid by the payee herein. (5) Street, sewer and water liens when paid by the payee herein. ~ Each installment first shall be applied in tfie paymeM of the interest and H~en on the unpaid bal- ance of the principal sum. If defauit is mode in the paymeM of any installment when due, then at the opfion of the holder, and without any othe~ notiae, all the remaining instaliments shall be due and payable at ~ once. Privilege is given to pny two or more instalime~nts at arry installmem msturity date, but this shali not extend the tima of maturity of any subsequent installment. Neither fdrbearanoe, nor aooeptanoe by the holder hereof aRer any default in any payment hereon, shall be deemed extension. ~ Each maker, surety and endorser hereof, jantly and severally, waives c)emand, presenfinent, ¢ protest and notice of pirotest for nonpayment, and further agrees to any extension of time of payment, ~ either before a after maturiry, without notiae to any of va; and to pay all eosts of aof{ection, includi~g a ~ r~asonabls attorney's fee in tl~e eveM of any default hereunder. _ /s/-Vera B. Kramer ~ WITNESS THE HANDS AND SEAL OF EACH PARTY. (SEAL) . a l~/ 1 ~ ~ ~OOK PAGE 2~~ ~ 6 (~AU _ ~ ~ - L ~ ~ ~ ~ " ~ ' - ~ ~ _ ~ .