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HomeMy WebLinkAbout0220 ~ • -.t ~n ~iaue and to iiotd f~~~ sanu~. foq~•t~~Nr u~if~~ I~~e lenemenls. I~ere~I~fumenli~ an~I upp~utr nani•~s 1~i~~?~Hu ~~~~~un~~in~~. a~u~ ?~~nfa. issues ant~ pro~il. 1~~Mrno~. unlo I~~e morfga{~ee. in ~PP sin~ple. i~ n 1 ; ; ~in~ 11u~ mo~i{~a,ryor co~~~•nanis u~itE~ Ihe morfga{~ee ltint fhe mo~fgagor is inde/PAS16Iy SPIZPA oJ s~ic~ ' Innd in ji•~ simpl~•; Ihat 11~~ mortfla~or has good ~ipht and lnwJul authority to conaey said land as a/oer- ~ .nid: ~h~l ~h~ morf~~n~~or eoiA make such jurlher assurance~s to perfpct thp fee aimple tille to said land in the I ; morfqn~~t~~ as may r~asonably be required: that fhe moNgago~ here6y ~u~~y u~n?rants fhe lil~e to sai~ ~and ' an~i ~oiU d~(~nd Ihe same agains! Ihe Iaw(ul clnims oj all persons• whomsoever: and Ihat said Innd ia ~ree ~ ~ ~r~~l rl~~~r o( all p?~c~~m6ranc•es except those taxes accruing subsequent to ` ~ December 31, 1978. ~ : ~ ; ~ 3 ~ ~ , ~ ; ; ; ; ~ ~rouided ~lwnys, f~~at i~ said morlgagor shnll pny unto saic~ mo~tgagee t~e cerlain promis- sory nofp tiereinajtpr stif~slantia~~y copie~ or i~enfifiecr, to-u~if: MORTGAGE NOTE ` = 3 7, 000. OQ , Fbrida May ~ , ~9 79. FOR VALUE RECEIVED~ the undersianed. (jointly and sc~•erally, iI morc tAan one) promiset to pay to BASIL BLOUNT ~ GLENNA BLOUNT, his wife . or order~ in the manner hereinatter a~ed, the psine'ipal aum o[ THIRTY-SEVEN THOUSAND DOLLARS AND NO/100-----------------------7100 ppLI.ARS 37,000.00 ~ w~~ ~ntere~t tmm dau at the rau ot 9~ per cen~ pu annum on tbe balaace Irom timt to time nmainin6 un~aid. Thc said principal and intereu shall be payable in law(ul money o( the United State: of Amerin at ROUtE 1~ Sidney, Arkansas ~25~~ or at such place as ma~• hereaf~er be designated b~• written notice (rom the holder to the maler hereot~ on che datt and in the manner followina: Payable in three hundred (300) consecutive monthly instllments of $310.51 btginning one month from date and each month thereafter until said priucipal and interest due thereon are fully paid. I The makers reserve the right o~ prepayment at any time without penalty. k ~ ~ ~ ~ ~ g ~ ~ ~ k ~ ~ Thi~ note with interest ii ucured by a mortgagt on real estate~ of even date hercwith, made by thc maker hereot in favor of the said ~ payee, and ~hall be construed and enforced according to t!?e law~ of the State o( Fbrida. 'The terms of uid mortgage are by this reference made a part herto(. - It ddault be made ie the payment of any of the sumt or interat mentioned herein or in uid mortgage, or in the ~er(orrwnce oi ~n}• of tbe agreements contained hvan or in said mortsage~ then the entire prinupal ~um aod acuued interest ihall at the option of the holder hereot become at once due and collectible ~+ithout notiee. time being o! the essenct; and said principal sum and accrucd intercst ihall both beu interest from tuth time until paid at t~e highut rate albwabk undv the lawi of tLe State of Florida. Fai)urc to cxerciu ' :hi~ option shaU not constitute a waiver o! the ri6ht to exerux the same in the cvent o( any iub~equcnt defsult ~ ti Eac6 perwn liable hereon~whether malcer or endor:er, hereby waives prexntment, protest~ notice, notice of protest and notice o( di~- honor and a6reei to pay a11 cosb, iadudina a reasonable attornty's lee, whethcr tuit be brought or not~ it, after maturity of this note or default ~ F~creunder. or undu iaid mortgage~ eounul ~hall be empbyed to collect thi~ note or to protect the security of said mortga~te. ~ ~ ~1'henever uxd hereio the term~ "holdei', "maker" and "payee" ~haU conev ed io t ingu or plural a~ tht contezt mar ~ require or sdmit. ' ~ J?iakei t Addreu . . .................••--•-•--.(SEAL) ~ O ~fD RODD x . .._:LLZ!1:~ . _ ...............................(SEAL) ~ R 309 220 ~ d~~K NCY J. ~ - ~ fi35 Beach Court ; ............•-••-(SEAL1 ~ Pnr.C...S.C..--'I:u~~i~.~...F~.......33~i~S2----• ~ _....(SEAL) ~ ~ - r. : i - -~.~z x- _ ~ - ~:.y ~ ~ c s~,~~ ~ s _ ~ . ,