HomeMy WebLinkAbout3001 •t . - ~
editaments and a u?te-
~1AVt ~ ~ the same, together with the tenements. her pp }
?lances Thereto belottgi?Ig, and Ihs ?enfs, issues aRd profits thereof. unto the mortgagee, in fee simple. ;
the mortgagor rnvenanfs with the mortgagee that the mortgagor L indefeast6ly seized of said
j land in fee simple: that 1ha mortgagor has good rtght and lawful authority fo convey said land as of
ore-
~j said; that the mortgagor will ncake such further assurances fo per(pce the fee simple title to said land in the ~
j mortgagee as may trasona6ly t» requtred: that the mortgagor hereby fully warrants the title to said land
I~ atl?i will defend the snme against the lawful clnima o/ all persons whomsoever; and that said land is free
and clear of all encumbrances
1
I '
~ - ~
~ j
I '
i
t
I ,
~~V~ ~~yS, that if said mortgagor :halt pay unto said mortgagee the certain pramis-
sory note hereinafter substantially rnpied or identified, to-wit:
i
'I
' aava. s.ua...a.aa?n
= Kernersvi lle, - ...~lAy ~4 w 79 -
16 , 2 6 2., 2 3 - - ~ ,
FOR VALUE RECENEO tfle ttttdersiptwd txoerses to UaY to the ceder d
CLYDE H HOLDER -,and DOROTHY. .I•i ~ . ~OLDI:R, . his wife- -
pr,r,~,p,t,,,,,, d.Sxteen Thousand ~~~ro-•~;undrec~--.Sixty.-.Two..•.&. 2:~1] OQ Dollars is 16, 262.23 1.
toyetMr with iMaresl Thereon hose date. at the rate d _ ._.9.• 0. .............•---.pa cant, per annuri unt.l marunty said interest
t
on she 'day of and 1
SeE<..IIe14W _ - - t
bung c+avabk
each year, both principal srtd intereu bung psyabla in lawful money d the United Stales a its cqu~vaienr, al 428 F71111ams Rd• , '
............said principsl swn to be paY~ble on tIN dates and in the amouMS spec)+ed below, to-wJ
Lewisville NC 27023
3
The principal sum of $16,262.23 shall be payable in semi-annual
installments in the amount of $1,000.00, plus interest on the
unpaid principal balance at the rate of 9$ per annum, commencing _
six months from the rate hereof, until this Note shall be paid
in full.
E
Privilege is reserved to prepay this `Tote in whole or in part
at any tide crithout pen.ilt}•.
Z
- Each maMM and endorser seen .ally wai+cs dawund. protest and nonce d mafwrlY. non-i. ~Y-++ent ~+::dcsl ,srd .stl +epureewds necessary b hold each
E them I+ablc as makers anJ rndorsers
i Each maker and endo?ser fwtls?-r agrees, iaMly and severaNy, to e••r all costs d cd~ctio- includ.ng a .rsason~bb attorney's fee in case the principal d
- This note a any DaYman? on f1N principal d any interest Thereon is nut pa.A at tM re~pe..lrvc nvtunly H.weuf, a ~n case it becomes naCessary to protect the
sccwity hexed, whether suit be brrsughl a not ~
ibis nee and dete?r?d interest pay Is shall bear inleres/ at the rate of 9.e pw cent, tr'r snnum ban maturely ~~trl.p~id- +
iMs note is sacwed by a S@CQIl~..-mortgage d even date h,uowilh and is to be c~n.huesl aryl erJorce.t accordny.t0"the Ia s d the State d Flo~~da,
upon default in the payment d principal andla .Merest due on any note secured by said IYlortg..9e all n e; sccwed.fnd r fining shall (orthw+th
a besAe~dur' and payable notwi~}tandiny-heir tenor _ _ s
1 . I l:.ri..l-C.'P.L: `tj - +~'u. `y ~ ..rt+. I~eall
~
?i ^S
~ ~
~ r .ts~? -
~s -
L? - - G 1 f : .alt: - •~t~---__....... ~ !..~..L-.
- . - Frankie L. j~heeler
-
(~jQ~QQ
oL~., rA,t
C ~r JU~ - ~ ''f ~~J>?7fJ
I
- _ -