HomeMy WebLinkAbout0396 _ . _ . . . . ~
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j~ j~ n~e ~ W n11~ I~P sump, (o(~vl{i~r u~il~~ I~~M tenem~nls. tit?ei~ifumw~lY un~l ~~~~~.~ulr
~ nancPS Itiprefo fx~~on~ing, anc~ 1{~e rn~ts. tuues cen~ pm~ifs f~~rrw~. unlo Itie morfyagt~. in (rr si«~p~r.
~ 1he mo~lpa~or coi~enanls with Ihe mortgagee Ihat tl~e mortgagor ts 1~de(~„~61y spi:p.l o( said t
lund in jre simpln: Il~at Ihe morlgogo? hai good rFght nnd ~awf
uI autl~wily fo eonv~r said lnnd as ajwe-
said: l1~at Ihe mo~fgagor wIII ma~f sucl~ ~u?fher ~iurancrs to per(pcf t1~e ~se simp~s Nt~e to said ~ i~ Ike ~
~ mortgagpe aa may rrasono6ly 6~ ?equired: that the ~ort9a9o. k..~br ~ully warranla th~ tille to said Innd ~
~ a?~d u~tl! dejend the same agatnst tl~e lnwjul claims o/ all penons whomsosver wad t6at u.td b~d t, Jnes
and clpar o( all encumbrances exeept taxes Sl1bS@qL1eAt t0 Deeember 31. 1976.
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1 ~~5~ _ tl~at t/ said e+o.eq~po. a1~aU pay unto satd n~ortya~.. t1~t o~.~.i~. p.r+wi.- ~
,or~r rwe. lu.~tne(ter u.6~.ew~tiaUr c~optwd or sd.nuf
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~ Fort Pieres. Florida ~=rnh~±r 21 19~Z.
for valus reoeived, 1, we, or eitt~ of us, pnortuse to psy without dsfslcstion. 1o ths ot~ar af F
Garry E. S irue s& V irgi nia S. S~~ ~t p;er~, Florids, the wm af ~~.9~t2. Q!L
with interost hom dste et tf~e rats of 9 7L per anrwm, in moMhly in~slimanls as follaws:
49 .41 ` on the ~ daY of NnvF*mhP~_. and a IUce sum e~i the oomespoed'~ '
day of esch like sucoeediny mentlt theresftsr for • period'of 12Q n~, at whklt time ths enei*e ve+pa~d
" balance beoomes dus and paXabls on demand.. ~
A late psymeM tharge of S~.-~n
. shap be edded to aech pn?menf tem~ininp unpsid 7 deys aftar ils ~
due dete and a like ~um shafl be addsd to e~cfi wch insfstiment ~emai~itp unpsid 7 d~?s after each suooeed- ~
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~^9 PaYment date. - ~ . -
Each installment first shall be apptied in 1he psym~nt of ths in~er~st snd then on ti~e ur+paid bela~~
~ of the principal sum. if default is msds in ths payment af a~? instaltment when due, then ~t the option af_
the holder, and w'~thout eny other notios, ap ths rsmainMp hut~llmems sh~ll b~ dus and p~yyable ~t ono~.
. ptivilege is. given to pay two o[ nwre instsllments at at~y irotalime~t matutily daM, buf~ tl~is shiil not ~xt~nd
tfie fime of ineturity of any wbaequeM innallm~M. NeitF~ fabesrsnos..~ aoosptanos b~? the i~o~dR
hereof aftar any defauit in any paymaM henon, shsfl be daeo+~d extens~on. . ~
Eadt meker; wrety and endorser henof, Eotmly .and sey~eraily, waives denwnd, presentmsn~, p~o~est
rns~ notice of protest for non-psymsrn, and further a~rs~s tQ.ae~y ~xta~uivn of time of p~yment, ather ba~oint :
or aher n,aturiry, without ratioe to arry of us: and ppay all oot/s of ool{~ction, indudin~ s t~s~son~ble aNoF ~
~~e f s fe~ in the evenl of any defauit fisreundsr, and hsnb~? ~sily wsiv~ etl bMefit of l~omes~sed ~d E
exemption ur~der the tonstitution and laws of escN'Stats of th~ United Stafes, at ag~init this obiipation ot ~ i
~ any extension of renewal ltsreof. ' ~
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wITNE55 THE HAND AND SEAI OF EACH PARTY: - SI ~~lilliam A. Salminen ~
S/ Sylvania l~. Salminen
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