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HomeMy WebLinkAbout0606 i j~ 30 ~ue and to ~totd ~he same, togelher wilh the lenementa, hereditaments and~ appu?te- nnnces Itierefo ~e~onging, an~ f~e rents, issues anc~ proltfs fhereo(, unto f~e morfgngea, tn ~se ilmp~e. • ~!he mortgagor covenonts wlth ths mortgagee tl~at Il~a mo?tgagor is indeje~~6ly setsed of ~nid ~ana in ~ee simp~e; Ihat fhe mortga~of ~lCb1*d ?ight and ~awf u~ aulho~tty fo co~v~y ,atd la?~d w a~on- i said: lhat fhe morlgagor u~ill make sucl~ ~u?ther aasurances to psr/rct the Jse ai~nple ttlb to said Iand tn tl~~ ~ morf{~agee as may rewona~y be requl~; t~of ttie mortgagw h~reby ~u~~y wanant~ !he tif~e to suld land ~ unci u~il! de(end the sane against ths lawjul claima o~ all penons whonuoever; and that satd lond it jne + a,ad clear o~ all encum6rancea exeept real property taxes subsequent to ~ December 31, 1978. ~ ~ ~ I • „ ~ I . ; i . r•1a ~ r i ~ •'t ' a t,"-~• I ~ i ~~V~ ~ys~ t{~nt i~ sal~ n~Migpgor s1~a~l pny unto said mortgagee the cerfatn promb- sory note hereina~ter su6stanlially copied or identi~iec~, to-wif: ~ , FORM 101 PROMISSORY NOTE 1 ; S 75,000.00 Stuart f~lorida May ~ 19 79 • •FOR VALUE RF.('F,IVF.D, thc undrr.i~nrd j~~inlly :~n~f .rvcr~lly promisr 1.1 ta pay to the ~~rdcr of Alfriede Jaksch ~ at 1439- 12th Fairway, West Palm Beach, Florida 33411 or at such place as the holderls) uf this n<~tr may .IC~IKSIJ(c lu writing the prinripai sum of Seventy Five Thousand ai~d no/100 DpI,I,ARS together with interest ihereon fro~n May 3 1979 at the rate of g ~ per annum on the unpaid balance until paid. pAYABLE AS FOLLOtn'S : In monthly inStallments of $716.77j including interest, be<<inning one month from May 3, 1979 and continuing on the same day each month thereafter until May 3, 1994, on j which said date the entire unpaid principal balance and any accrued interest becomes.due and payable. Each such monthly payment shall be applied first to payment af interest on ~ unpaid balance, then to the ; payment of principal. The priviledqe of making payments in advance of~thc ~ due dates withaitpenaltieG is retainedby the makers. ~ F ' [ t ' ~ ~ ~ !f det:~ult hc m~~lc in Ihr ~~aymrnl ~~f :~n~~ in.l:dl~nrn~ !in~lrr this ncit.. anJ if st~rh drf~ult i~ nut ma~lr good within 30 days upon written demand the entire principal sum and accrued interest-shall at once become due and payahlc witl~out noti~e ~t the option of the holder(s) of this note. Failure ~ t~ exercitie this optic?n ~hall nol r~?n~tiiu~r w.~nr~ ~?I il~r ~~~;ht 1~? rxrrrisr thr wmc at a latrr timr fur thr w~~~r . ~ default or for any suhseyurnt default. In thr rvcnt ~~1 ~frt:iutt~ in the payment of this note, anJ if the same iti ~ ~ placed in the hands of an auornry at law t~~r c~~llrrti~,n. th~• undersigned hereby agree(s) b pay~casts of rotle.- , ~ tion including a reasonable attorncy's.frr. Prr.rnimrnt, a~r~?t~.t and notice are hereby waived. = ~ r - ~ S c ~S~AL) x l O~ y , Cq~hel iu P. Mc ~n ' ~ ~i--_' - . 5 % " - (SEAI.? • Inas a e Mc enz e . ' (SGALI -~(SEAL1 M!ID8TATE LEOA1 S~~/~ V(:C• nql ANDO, FI ONIDA i - ~ F ' ~ ~ ~ f ~ & ~ • ~ { Y~ ~ ~rpn~~ ~ ~ ~ ~I t ~ ~ K _ ~C . . . . _ ~ _ ~~,e - ~ ~:2~ : s^wn s.s~ ~,?x~ s y a _ ~~r ~v . . - . . . -'M"~.s'.,~,~~,-._ . . . . .