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HomeMy WebLinkAbout0449 ( T1AY~ ill{1~ W~`~ !ha sams, log~t~n wilti Ihe I~n~monli, h~~ltamo~ta and appurte- nances Ihe~xio ~p~onging, and ths re~fi, tisuea and pro~ifs tRerso~, unto Ih~ mortao~N, In je~ itmp~s. I11~ the mor~ga9o~ covena~ts wtth 1he morteagoe ~hat ~k. ~?o~e9o~or u~nd./.a,tblr seised o/ snid ~an~ 1n fee simp~e; lhat !~e morigagor haa good rtgl~t and lnw~u~ auftiorily lo convsp sntd ~and aa a~oro- said: Il~at fhe morfgagor wtll ma4e auc1~ jurthsr asaumncea !o pe?~~ct fhe ~et iimpla !il~e fo sotd ~and !n t~ mortgagee as mQy reasonablr 6a ?equired: f~tal fhs r++~g~go? I~~rs~sr Jul~r ~ua~renfs tk~ tif~ fo said ~and ond wlll de~end Ihe :dme agnl~at th~ IawJul clntma o~ all p~noni whonuo~c?K: and tl~at aatd Iand b~/rw ond clenr oJ alI encumbnancet . < ~l'pUt~ ~W~S~ that ij satd mo?tgagor ihaU pay ~eo ,atd ~wreg~.e ek~ ~Hotn p.~oma- ~ sory nob h~ntna~ter aubttanttal~y copied or identi~is~, to-wif: I i/~. ' ' ? , I~'~'IC`a~ I~1'E e - ~ ~ . • l~S ~ f JMC+! 1 ~ ~ 1g7'! fir ~15p.000.00 t ~ I ~ Jta~e 3 , 1977 ~ , Pbrt I.eax7erc3ale. Fl,o~ida F+OEt VAI~ R~E~VF~, the ~ax3ersic~ed Pzvaiaes to psy to the o~rder of ~3AY'1~ON TAUST ~RNY, ZYustae of the ~stamentaYy Trusta uncl~er ~s Iast will of ' F~wf~ T• Huber. cleoeased• A~3oo~itiistratar of the Est~tte o!' Delmat P?lv~~t ~uber, $/lcla D. Alv3,ena Huber, deoeased, ar~d t~ue~dian o! Na~c.y Jean Ht~er and Rita Mari,,e Nuber, mimre. the Pzindp~il, sua of FIFTY Ti~D end Nq/100 D07~tAI~S _ t$150,000.00). tog~ether with inte~t thereon at tt~e rate o! Eight peaicoent (8!I P~ (P~~ ~ ma~tvrity or c3efault) ~ran the date here4f untf 1 matxzritY. ~ pP~z ~ ~tbe.ing pnyabl,e in Lati+hil Mor~ey bo the Qnited States, 'PaYabl,e in instalLna~ats ae folLows: ; ' . ; ' Payable in five (5) ~qual arn~ual installments of P~'inciPnl. ~ p1u.s acczued intere~st an the u~a~id PriryciPal baliuyoe, with the lirist a~nl ~ ! c~z-incipal and inte~cest payn~ent l~r~q due and pa~yabLe ane (1) year ti+aim dabe ~ i ~in~fu].l~~u~ ~ ~ ~ry ~ -Y"--- ~1 y~a= tl~s~neafte~r tntil ; ~ ~ ~ nobe may be p~r~eQaid in ~+hole ar in p~rt at at~y time, without Pe~a1tY. ~ ~ P~~. ~er. that in no e~ent shell the ama~tt of anY P~e~nymestt in the ! ca1~r y~ear 1977 e~c~eed the sus of $IS, 000.00 ta~il.ess t1~e .entire p~incipnl an said ~ not~e is pre~a,id. ~ S~ic~h installme~nt paytnents ehal.l be applie8 f ~rst bo the irzterest amoc~uiryg ~ undex tt~e tenns of this not~e and t.~~en to a reducti~rn of the principal ' ~s, f The n~ak~.rs and enclor~ers of this not~ ~th~.r a_qree to w~ive dem~nd, ~ natioe of t a~d p~otest, ar~d in the ev~ent suit shall be b~ht for the ~ o~llect.irn hareof, or the s~tie has to be oollecbed t~xx~. demand of an attorr~y, tfl . PaY re.a~'?~b1e atto~y's fees for makin,~ suc~ oollection. All p,aym~ts ~ herew~er shall bP.ar int~eacest at the rabe of Ten (10~) peroe:nt per a~nnun •fran ~ ~ ~itY until Fnid. Zfiia nabe is sec~~e~d by a mo~t+gaqe of ~ datae h~erewith ar~i : y ia to bc~ oonstn~d and enforaed acoo~+din~ t~ the ].a~ws of the State of Fl,o~i,dal ~ ' t~ort clefault in the payR~ent of Pr~P~ a~/~' ~t wt~rn due, tYie t~ol,e sun of principal and int~rest ra~.ining tmpai,d ahaLl, at the aption of tt~e holc1ers, ~ beoane i~rme~diately due and payabl~e. Failtu~ t~o e~oarc39e this shall - a~ptian r~ot oorLSt3 tute a waiver of the right to e~oercise the sane the event of subaequez~t c3efaoult. S E1a~ ~l~~~t~~M?~~e. ~ PAYABIE ATt CIAY'I+ON TRLJST OOP~ANY ~ 2z2 south ae~,cral Av~ue 6o~x ~ P,~{ C1ayt'~on, Miss~ouri 63105 L ~ - v _,~~:s~ z , _ - _ _ - ~ ~ , r t,~