HomeMy WebLinkAbout0227 ~
~
'
~
• . , ~
,
~
.
~
MORZCAGE NOTE i
~16. 000 . 00 ~ ~ ~~F , Flor ida ,
- 3
~ ,V, . 197~ i
i
,
FOR VALUE RECEIVED, the undersigned jointly and severall}~
1
~promise to pay to the order of T~LMA MARTE NASH the principal sum~
;
of Sixteen Thousand !
($16,000.00) Dollars, with interest from the ;
~
;
.date hereot at the rate of Eight (896) percent per annum, which sai~
i
principal ancs interest the undersigned hereby promise to pay as ~
1
fO~.ZOWS :
f
Mortgage Loan ~ - ~
In monthly installments of principal and interest at ~he~i
interes~ rate hereinabove mentioned in the amount ot One Hundred
Ninety Four pollars and Thirteen.($194.13) Cents each, commencing ;
;
an the~~ day of , 1977, and on the same day of~ .
~
each month thereafte"f~ until the day of , 1967,'•
- ~
at which time the entire unpaid principal balance together with
~
,
any unpaici interest will be due and payable. ,
The aforesaid monthly payments when so paid shall be ~
applied first to the payment of interest due monthly at the rate ;
aforesaid on the principa2 su~n or so much thereof as from time to '
time shall remain unpaid, and the balance of each monthly install-~
ment shall be applied on account of the principal. ~
Payee reserves the right at any time dur~ng the term of :
the mortgage to require that an interest bearing ex~enses account '
- be estab2ished with the maker and each month thereafter maker will
' d~posit one-twelfth (1/12th)~of t:~e total annual taxes, fire
insurance premizuns, community maintenanc~ charges (if any),
-
;
eaox268 ~ 22? .
~