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Home My WebLink About0546 i~ ~ . ~ ~o ~ue and to ~old t~e same, t efher wilh fhe fenewlll?~a, ht~d~~wris~tb and appu?fe- ~ nances fhereto tie~onging, and the re~ta, issues and pro(1fs fhereo~. u~fo !~e mortgags~, in ~es simp~e. ~ the mortgagor covenants wlth tke mo~fgagee Ihat the mortgago~ ia ~ndej~,~6ly aeised oJ said land in /ea simple: tl~at !he mo~fgaAor has good rtgl~t and Inw~ul autho?tty to convey :atd la.~d as a/oro- said: that lha mortgagor will make such ~urther asaurances to pe~f ret tke ~ee d~nple dt[e to said Iand tn th~ mortgagee as may reatona6ly be ?equired: that 11~e mortgago? I~sreby /ully wwrants tl~e titla to :a~d la.~d und u~ill deJend the snn?b ogaitut t/te lnwf ul claims of all penona wbontaoever; and t1~at snid Iand ii jree and clear o( al! encumbmnces ~ r , j~~~~~ ~1V~ ~W~s~ that if snid mortgagor tkaU pay unto said mortgagee the certain promis- sory note Re?einn~fer substantiaUy copied or identi~ied, to-u?it: PROMISSORY NOTE North 8alm Hsaah ,Florida JulY 28 ~19T8. l. For value received the undersigned promises to pay to th~ ordsr o! Sacuritv and ' - Inwatmant Corporation o! the Palm Heaahe• ~ the principal sum of FZVE TS SAN Dollars 5,000.00 . toget er w t nterest rom at t e rate o ( per cent per annum on all unpaid balances. Said principal shall be payable ~ in mo~y installments of ONE HUNDRED 3IX and 24/100----------- Dollars (E 106.24 ),per month beg nning on t e 15th- day of , 19~, and on the _~15~ day of each and every month thereafter until the en ire sum here- under has been ful y p 2. Said payments shall be applied first to interest on the unpaid balance at the rate herein specified, and then to principal. Interest for each calendar month shall be accrued an the ~ i first day of said month and be computed on the unp~id balance of principal and interest exist- s ing on the last day of the preceeding month. This note shall be considered in default when ~ any payment required to be made hereunder, and any additional advances under this note or the i~strument securing same, shall not have been made within ten (10) days following its due ~ date and shall remain in default until said payment shall have been made. While in default = this note and any additional advances under this note or the instrument securing the same K shall bear interest at the maximum legal rate permitted in Florida in lieu of the rate herein- ~ before specified. This note is secured by a seaond mortgage of even date. ~ 3. This note may be prepaid at any time after one year from the date hereof with the payment ~ of 2% on the then unpaid principal balance. The payment of any larger or additional sum in ~ advance of the payments herein required shall not relieve the maker of the payment of the ~ regular monthly installments herein provided. ~ 4. If the effect of any part of the loan transaction evidenced by this note results in ~ interest (or charges deemed to be interest) paid or to be paid to the holder, being in excess w of the permissible civil usury limits as est~blished by the laws of Florida, then such excess ~ will be promplty refunded. : 5. All persons now or hereafter becoming parties hereto jointly and severally waive demand, notice of non-payment and protest, and agree that in the event of default in the payment of ~ y any installment due hereunder for a period of ten (10) days, the whole of said indebtedness shall th~reuoon at the oution of the holder, become imnediately due and pa_yable, and if this , _ note becanes in default and is placed in the hands of an attorney for collection,to pay ~ = reasonable attorney's fees and all other costs for making such collection. This note shall ~ # - be the joint and several obligation of all makers, sureties, guarantors and endorsers and = shall be binding upon them, their heirs, personal representatives, successors and assigns. , ~ - JAMES H. BOOZER (SEAL) GWNETTE BOOZER ~ Jamss H. Boozer t~natta BooEer ' (SEAL) ~ , ~s ~ ~ ~ F: S 1 ~ ~ R ~GE 5 ~ . . . ~U _ ~ - _ - - ~ _ :.,'.~:y i°...~~ ' x'r ~~..3`~k~ ~ ; . . ^ ~y~~ ~ :z"~~'°^ ~'a~ ti~.~~^k+"` ' ~ '~t~' _ sz.~