HomeMy WebLinkAbout0816 3~ ~~w~ ~ W~ ~W~ t~e aanae. togel~e~ wtt/e Itie teneinenls, heredttamenb and nppwte- ~
~ nanc8a thervto belonging, and llae renlt. Lsuea and pro~lti thereoj. upto.t~r~.~wtga~e, iw.~imp~e. s
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~d Ike mortgu~w couennnli with ~ke mortgnpee ~hat the mo?tgagor b inde/ea.,t61y ivized o( said '
~and i~ ~ee simp~e; t~nt tlue mortgagor ~ws good rigl~t und lawju~ authoeity !o convey snld ~and w a~ore- i
aatd: that the mwtgogw wi~l ma~e suck (urther waurances to pe?(ect t~e jee aimpia titG !o aatd Iand in the
?rw?tgagee as mny reasona6ly 6e nquired; lhal the mortg~y~r he.~by /uUy warranb the tttle to said ~and
and wl11 d~ferul Ihe same ngainst the 1au~~u~ clatms o/ aII persona u~homsoeuer; and that snld Ia?cd u jree
and cleor o/ a[I ~ncum6rances }
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~~NiR IiLW~s~ t{~at i~ said mortgagor shuU pay unto said mortgapee the cwtatn promis- '
sory note hereinnf
ter su6ata~tiaUy copied or identi f
ied, to-wit • ~
M011TaA0[ NOT[ RAMCO FORM 0.t ~
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= 67,500.00 - Orlando ~ Florid~
October 12 , i978 .
FOR VALUE RECEIVED~ ~he uAdcrsianed~ (jointly and ~everally, it more than one) promitc~ to pay to
Walter }3. Rosslow and LaBruce Rosslow, his wife as tenants in co~aon
. or ordu, s the msnnc~ ecreinatar .peciGed.
w~~ w~ ~ Sixty-seven Thousand Five Hundred and no/100-------~~
( i 67 ~ 500. 00) wit? iatenu (roa4 dste at tbe r~te of 10 P~r ceat. pcr aoaum oa t6e b~lance trom time to ~ime tea~aiain~ uapaid.
T6c .aia principai .aa ineerea J?.u be p.y.w~ in VM?rW mo~ d t?e unie~a saw or Aweriu u~oS S. .~.v.I S t~•rt
Fp~ ~j~CK. t+~t t'~~, or at ~uch placc a may hereafter be deaiaaaccd by writtcn notice (rom tbe 6older to the maker bereol, un
~he date and in the maaaer totlowin6: ;
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The principal amount hereof shall be payable in three (3) annual ~
installments of $22,500.00 each, with the first payment due ~
October 12, 1979 and a like payment on October 12, 1980 and
October 12, 1981. Interest calculated on the amount remaining
unpaid from time to time shall be payable at the time of the
principal payment. ;
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There shall be no prepayment permitted except as follows: ~
The 1979 payment may be paid at any time after January 1, 1979. :
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The entire principal sum or any part thereof, may be paid at ~
anytime after January 1, 1980, without penalty. . ~
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Thia note with intere~t u~ecu~ed~y a wort~sae oa real eqste~ of even date 6erewith, made by tbe mal~er bercof ia tavor o( tbe uid ~
paYec. and ~hall be conattued and enforced uco~dins w t6e (swr of the Sate of Fbrida. ?
If defsult be made in theps ymeot o( aar of tbe aunu or iaterat meationed benia or in ~tid mottaase~ or in the perfora?snce ot ;
any ot t6e a~~emeab contaiaed bereia or ia aid mortsase, tben tbe entire priaa~! wm and ~ccrued intaat i6aU at the option ot the " x
hoWer 1?creof become at ooce due aed eolketble ~vi~t a~tice, time ~of the ea~eace; and a~id p r
i n c. i
p
a
l tum and ucrued intereu ~
.hall both beu iater~cu from wc6 time unW paid at tbe Sighpt nee aibw undu the lawt d tbe State of ~ida. Failure w eurcise
chis optioa shaU aot cowtitute a~vaiver of t6e risi~t W e~raciwe t6e ~me iu tl~e event d anr wbequcat detault. ~
Eub perwn liabk hereon whet6u eaaker or endosser. Aerebr vnives praenuaeat, protat. aotioe aoticr of protest aad notice o[ dir
honor and aarees to psr aU co~t~, includia~ a nawnable attoraer's tee. whe~he~ aut be brousbt ar oot, i~, Jter nnaeuntp o[ tha note or de(aulc ~
hcreunder, or undv ~ud mwtsase, coua~el ~haU be empbped w o~lket this aae or w proteet t4 ,ecuri~y of aid mor~aa~.
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WFunever wed he~eia t6e ur~w "6oWer"~ "maker' and "paree" a6a1) be cooatrued ia t~e ~ingulu or pturat a~ tbe context mar ~
require or admit. • ,
I?[aker'i Addnss FL4RS.IaA...~QNF.ESEdCE...ASS~CIATIDItt....~sE~~.~ ~
OF SEVENTH-DAY ADVENTISTS ~
__....(SEAL)
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. .....J .._..P . Ro ers.. • ~
. - ---~--~--......I~..R.. Q y ~ I '
800~f~:~U PJ~f....D~~" .-..-.....~i~e ~resic[ent~'--(s~~L~ ~
~ . . /.s/ _Alf ._G.....Johnson .............................~sBwL~ ~ ~
Secretary ~
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