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HomeMy WebLinkAbout0231 • ~ t 1 r ~ N ~ ~ flee ,amt. together wilh the terleinerets. hereditamenb 1~nd appurte- nance thereto 6elorwing. and the rent,. isseees and projib thereof, unto the mortgagee, in j.. simple. the mortgagor covenants with the mortgagee that the mortgagor L tndejeat6ly setred of said land in fee simple: that the mortgagor ha good right and lawful authority to convey said land a of ore- said; that the mortgagor wiU malts such further assurances to perfect the fee simple title to said fared in the mortgagee as may reasonably 6e required: that the mortgagor hereby fully evananb the title to said land and wtU defend the snore against the lawful claims of all penoru whomsoever: and that said land is free and clear of all encumbrances i i # s ~~~ti~ded ~~S, that ij said mortgagor shall pay unto said mortgagee the certain proms:- . spry note hereinafter substantially copied or identif isd, to-wit: For value received THE LIMBACK GROUP, INC promises to pay to the order_of Ronald L. Limback the principal sum of 3 THREE THnL'SAND FIVE HUNDRED~DOLLARS ($3,500.00) together with interest thereon from date at the rate of ten (10) percent per annum until maturity, said principal and interest to be due and payable on December 18, 1979 in the lawful money of the United States at 1?61 East 39th Street, Cleveland, Ohio 44114. i The maker waives demand, protest and notice of maturity non-payment or protest and all requirements necessary to hold the maker liable. s The maker further agrees to pay. all costs of collec- f ~ tion, including reasonable attorney's fee in case the principal and interest are not paid when due on the aforesaid date. This note and deferred interest payments shall bear ii.'~~rest at the rate of ten percent per annum from maturity until paid. This note is secured by a first mortgage of even date herewith and is to be construed and enforced according to the laws of the State of Florida. s S } i " t 'i ~o~ 3G0 oi#~E 23i - ~~.r_~~_