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HomeMy WebLinkAbout0909 ~ t )~AY~ Q~~Ii W 1W~~ I~e sama, togeftier wilh !~e te?iemenis, hvr~ifarnenls ond appwte nancet /hereto belonging, an~ f/~e rents, i~sues anc~ prof ils thereo~, unto f~e Mortgages, In ~es ~innp~e. + ~ the morlgagor couenants with ths mwtgngee lhut tl?~ mortpa~o~; ~s 'i~I~(~~',`tbi~ ~~d o~ said ~ ~and in ee sim le; that the mo~! a or has ood n ni ana iaw'ui auin~ri: io ~::::::o , ~ P 9 9 9 9 1 r i ~ said: !ha! t{~e morlgago~ wIII mulee suc/~ (urfl?e~ assuronces fo pe~pct fh~ ~ee simple tltle to said land tn the mortgagee as may reasonn6ly ~ie required: that the mortgagor l~e?eby /ully warrant: ~he titler to satd land I ~ and u~ill dejend the same against the Inwjul clnims o/ aU penons whor?uoeoer; and fhat said land ts j?ee ~ and clenr o/ oi! encum6rances excepting taxes accruing subsequent to December 31, 1977. I ~ ~ .i I ,r ~ ~ ~4 - y - . , ~i ~ ~ - ~~V~~ TUW~s~ lhat i( said ~nortgapor aha~ pay unto said mortgagee f~e certnin promis- ~ sory nole {?ereinaJter substantin~~y rnpied or identif ied, to-tutt: i MORTGAGE IYOTE S 51.150.00 Fozt Pi~sc• , i~:~=«~ April 28 . i3 7g ; FOR VALUE RECEI\'a,I~, tht undetsigr.cd, ~ juintly ar~d :,,;;y, :r,or~- ::~.~n ~t~r j;.run:u~s tu i:a~• to ~III.LIAM D1~U8 and 18TI.DI~ BAC~JS, tii• Mita, aad AZCBABD E~?CIN3. SR. and BICBA~D EA(~COB. JB.. ~ ~i~ttl r~~IL O~ surrivor~hip • • , ut order~ in the m:.nnrr :.~teinait~r speciFi~d, :;,c grincipal tum of ~~.Y~O~ T~$~ D~E ~~D ~~T ~d•~•-~---••~~•~~-~~~~•~~Qd:QG DOLLARS ,S Si~1s0.(a ) w:th intcrast from date at the rate of ,~-r «ru. ;H-r :~nrlum on the b:iance from t~mr w:icr,c r~maininq unpaid. : i h~ said ptincipal and ir,tercst shall be payabic in lawful rr.~ ..~~y n: ci,r L;s~u~•c Jta;es u; Amrric., at 3'l(~~ s. ~lne! , $ttl~rt~ ~ii. 3~{~ or at such p:ar~ as c~~..y hrr~.~:e• ..r dru_r:u~•~i : y wc,tt~o noti:r :n,rr. the hu:drr u• :r.e rnaler ~,ereol, un ;:.c cate and in the manner followin3: Baca Aaount of lfot~ aad lio~rtgags p~~abls. Mit6 int~r~~t ther~oa ftas ~ date, at the rate of EIt~ perc~nt (8Z) par anaua, is~ ~onthly incre- santa o~ ~400.00, for a period o~ thr~ (3) ~sara~ wit6 a'balloaa" pa~sa~t at thc e~nd o~ auch three~y~rs, cooaiating of 811 ~oni~s, principal sad intcrest ps~t due or carrestl~ dw; tirst pa~nt to ` b~ dn~ aad pa~abls ont aontb ~ro~ dat~ hereol. Mortgagor reserves the right of prepayment tai.thout penalty; Y This ~ote with int~rest is sec~ucd by a moriGaqe un r~al est...e, ot ~ecn d:str nen•witn, n~ad~ by thr maic~r n~rcoi ir, :.,vor uf the said _ papte. and shail be con~trued and enforced according to the 3aws of tnr Stat~ o( Fiorida. T~he terms of s~id mort~a~e are uy thu refer~ncc riade a part h~rcot. If default be made in ch~ pay~ment of any of the sums or ir.terrst menr.or,ed hercin or in said mortSage, or in ine prrlor~~ance of ~ :.ny of the agreemrnts con:r.:;:ed herein o~ in said mortgage, then t:e entire pr:ncipal sum and accrued interrst sh;.i: a; the option oi the noider hertof btcome at ortce due and coltectible without nodc~, r'me be:nr of the essence; ar.d said princip:~: su::, .~nei ~~cru~d inttrese ~h~JJ both bear intuest from such time uotil paid at the higoest rate allowa~ie under the laws of tFe S:ate of F1oric.. Fai~ure to exercise this option ihall not constitute a waiver of the right to exereix the sarne in the e~ent of any subsequcnt dctaulc. Each pcrwn liabie hereon wheiner maker or endorser, hereby waices prexntment, prot~st, natic~, notice of prot~st and notice of dis- nonor and agrecs to pay all costs, incluu'ing a rcawnablc attozney's t~ .~n~tncr auit be brou3ht or not, if, aft~~ maturity of this note or defa~ilt nereunder, or undcr said mortqage, counsel thall be empbyed to co..~~:t this noee or to protect the sccuriey of said mortg~qe. 44henever uud herein the terma "holder', "maker" and '~p~Y~e" s6a11 be construed in the singular or plurai as the context tnay rcquirt or admit. Makcr's Addreu - ~g~..JeBYlette. St1aX................ . .(SEAL) .~g $~W ~ ~ . ( SEAL i _ ..........ez....a:..-..~:..49,...Forc..n~nc,~R,...n.....'A4SO. . . . . . _ - - - _ . _ ~-•-.(SEAL! . ' ~ . ( SF.AL ) - ~ • .