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HomeMy WebLinkAbout0071 ' _ . . . ~0 ~t KI~ I~e same, togPfh~~ wifti ttie tenemenb, hnQd~lompnl: u~~d a~?~uulr IIl11iCPt f~~rpto tie~onging. an~ If~e renfa, i~~u~t an~ projifs f1~arrol, unlo I~s morfpogN, tn fnp aimp(p. ~ ~ ~i1L1~ IRe mo?tgu~or coveiianfs u~it{~ ll~s morfgogee 11~at Ihe morfgagor b tnde~earibj aetze~ o a~ r / Ianc~ in fe~ sJmple: tha~ !hs morlgagor haa good ?igl~t ahd ~aw~ul oultio?itr to convey aald land as nforo- ~ saic~: that 1~e mortg4eor w!!I ma4e aucl~ jurtl~er auuronce~ to p~r~PCf t~e )se ati»pb tilb to said Iand in IR+~ ~ morl~aQee w r»oy irwonnbly be requi?ed; fticf tl~s rnorfgagor 1,...by /u~~y u,on~tnts the lil~e to satd far~d a~~d u~t1l dejend t1~e same agntnat the I~aw/ul clQtnu o( 0l1 persona wl~omsoeuer; and tkat sald Iand ts . and c1Par o( aI~ encum6ranc~ea , ! - ; . - I i ~ ..,~J ! ~~V~II~{~ ifiW~s~ that satd mortgogor s1~aII pay unfo satd nwrfgagee t~e certain pro~nls- ~ sory note ~ereina(te~ subifantiaUy. copiec~ or idenli~tecl, fo-wif: ~ ~ ( t , _ . s ~3.693.I4 Flo.ida, ~.ti.r.~.,•., t _ 19~ ~w~~~-~ wr t For volrie rtceivtd tht w~derai6ned promisea to par to d+e o~der oj e* e~+~r+* ~ tl~e prtncipo! sum o/ olbrs 1. to6etl~cr rcitla intesut thtreos /rom date, at tJtt rate o ~ cent, per ~_..rer~til ~eatLiitr. snid interes~ ~ ~~II~.-~s ML ~01"~h z ~n Q botlk principd and inttrest 6tina poyable in lmr/nl mo~ o/ t/u United Statts or iRs equivalertt, Qt e ~ Fla s4id principal sum to 6e par~tik o~ tlae dates ond in the amounts ~ s~~/~d bdow, rawu: 8isty Dpllars (860.00} rhall b~ dw aad - PaYablo on tb~ ~F 25th day o! Maroh 1977, and a lik~ anownt o! Sixtp Doliar~ ~$60.00~ ahall Z~ h?~ 8n~ and pe~yabl~ on tL~ 2Sth dity o~ ~a~oh aad ewry moath thesealt~r natil sil avss, prinoipal aa~d itit~r~~t, b~ ~vlly paid: All payms=tts mad~ hsraby j~ ~hall appl~irst to aacs~a~d i~tuc~~t and than !~o s~sdnatioa o! priaoipal ~ bilillCt• '~lhis note sap b~ ps~~paid ~t anp ti~ a~t~r on~ y~ar ~raai data Z tNr~o! upoa pay~nt o! a t~o p~r a~at t2a p~aaltp on ttu thsn napaid principal_ z° balaao~. ~ , x ~ a sse6 m+?krr ~ad eqAorser ~e~enty walres deannd, Drotpt ~nd noUOe oi wkurtt~, non•pa~usat or protest and all requlcemenq nece~ptT ~ W Aold cscL ot them ll~blc as matees u~d eedonart. ~ EaM maker aad eadorser turcAe~ assees, yWnq~ ~ed ~erasU~. to p~~ ~ll oosts ~ oWNeqm. 1tiUudlnR ~ rwonsDlc attorneT's tee I4 we the prlnMp~l o[ thb twte or snJ pafreent on tbe p~1oely~l or_ w1 tnterest thereoa q~ot psld at tAe rnpeeLhe maturiti t~creot. or la cssr !t teeomes ncee~mr7 to proteet Lhe reewlt7 bereo(. ~rAetrier sult bt WouWt or aot. m This uote ~aa de(errrd tnt~ents sR~ll be~r Inurest at We nce af ~ net eeat, ,per onnum from rsuturltr uatU p~ld. Tl+b note Is seeured Ery a nwrt~cal~e ot eren dste herewftb and u fo be tonstruM aaA entoraed ~oeordtns W the I~ws of ttu Sute of Plorida: -upon oM~ult In tt~e ps?ment ot Orlactp~i ufd~or lnterest due oa ~n~ aote ~ceuted b) n1d 1[ortRasa all notea w rM and remalnta6 uapald stuU lortAvfth Dceomt Aue and p~~~ble aot~rlttubedlna thHr te4or. o ISesi1 ISti1) i ~ i ~ I ' ~ et~~ ~ PAGE ~1 ~