HomeMy WebLinkAbout0809 i, - k
~0 ~ W ~Ip ihs sume. lu~e!{~rr u~1~~ I~~M fenemenls. hen~~ifu~nrul~ ~unl u~~pu~fr
nances ItiPf+PIO I~Ion{~infl; and Ihe renti, is~ues nnc~ proltfs II~Mrpo~. unfo itis tno?tgop~e. tn ~~r si~ap~P.
~ the mortga9or rnvenanls wttk tl~e morlgagee tl~at fh~ mortgagor b indejea~6ly set:ed uJ~ aatd
la~d tn ~e~ stmple: tl~at 1(~e mortgagor~ kw good night and law(ul authority to conwp ,atd land aa ajon-
said: lhat the mortgagor will mn4~ ~ucl~ f urtl~? assw'anc~sa to porjrct the (N at~npb t~tt~ to ~d land tn th~
m~t~QA~e ~ maq reasona6ly b~ roqutrod: ihat ihe n~o.ee~o. (~..+.by Juliy wa..~ane, ~h. ttite eo said lond
and u+ill dejend tl~e :ame againat t6e iauifttl clai~ns o/ al~ perso?u tohomrwnR: and llwt sa~ ~and !a /n~
and ~t~. ol all ~n~umb~,~. except restrictions, reservations, easements and conditio s
of record; and taxes levied subsequent to December 31, 1974~ and mortgage fro~n
James Edward wood and Rebecca A. Wood,-his wife, to The Poole Co., a Michigan
corporation, dated August 28 , 1975.
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~~5, tlwt i/ :aid ~noMga9or a1~aU pay u,~eo .atd mwegap.e e1~e cerenln pron~ta-
sory nofe hereinaffer su6stanfla~~y oopier~ or ldenttJied. to-u~ih
S 9~ 0~0• 00 • STUART~ Ftorids, ~9U St 28 , ~g~~
~pR VA~UE RECEIVED~ tt+t unders:ymd, ]oiotly snd sevewpy. PRCMISE TO PAY to 1M o.der ot ,
~`MILTON I STEWART and DORIS G STFWART h;~ W,
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NINE TNOUSAND AND--------------------------------------------------------- oo~inRS, d
• . venue, ~IW00 ~ OP d or wch othu plaa ss th~ holde~
?,e~eot msy desiynat~ i~ w~itay, toyttt~ with intNest from dsf~ at th~ rat~ ot ni ne p~r oenturn pcr snnum on tM unpaid bsisnce untii msturity.
The ssid pri~cipal ~~a ~~~K.~ ~sn aW ~~a ~„~w. . i n i nsLal lments of ~150.00 each, on the 29th day of each
and every month,,be inning on the 29th day of September, 1975,~and continNing until August
29th, 1979 (4-ye~rs~,~-at which time the entire unpaid balance of-$4,254.58 shall become
1 due and payable.- Each installment yment shall be credited first'on the interest.then due
and the remainder on principal, andPinterest shall thereupon cease upon the.principal so -
credited. . . - : . . ; ~ - • . . - . _ -
Privilege is reserve~5to prepay this note, at any time, in whole or~in part, without penalty.
~f default be made for dsys In tAe psymeM ot snY instaliment ot p~iecipal o~ in!erESt or ~~y psrt ihe~soi~ Ihe whole sum tAen remslniry
~~~,Ca~e with intenst s1+a11 at hWdu's opUon become due sod psyab~e whhout notfte. Fstlwe to extrclse sutA opUon sha11 no1 tonsy t~{tt s wsivs~ oi ths
r,SAt to exerclse tAe ssmt In tnt evtnt o~ subscquent dtisult. Ailer mstwity ~oth p~lncipal snA acaued intcrest st~sll bes~ interesl at1LL_pa te~tum p~r
' ,nnum untM paid. T1+e makers and enOOrx~s oi tAis nols turth~r walve demand. notlce o1 noe-psYment and prol~st, N thif oote Is not Da~d at matwity
f and th! Sif~1t If p17ClA wit1+ a~ atlorney tor co~lecllon. the maksrs snd endo~scrs hsreoi ~yres Io psy s11 costs oi collection~ inclualny all court costs anti
j !tt5pn~b1! ~L~OfAly Itlf. _ ' -
~ s/James Edward Wood -
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i - ' s/Rebecca A. NOOd (SEALI
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