HomeMy WebLinkAbout1731 j '
~0 ~t fhe sams, togsths~ wifti fhe fenen~entt, I~vred~tanenti and appurfe-
nances lhereto ~+~onging, an~ l~e renla. i:suet and pro~~fs fhereo~, unto th~ morlgap~s, ta ~et iimp~s.
T11LR ttie morigago~ co~e~a~fs wtth the mo~tgagee f~at !ti~ ntortgagor 1a indtj~„i6lr aelsed o~ salt~
land in Jee simple; thu! the ~nort~agor kas good right and Iawjul author+itr to eonvsy satd land as ajore-
said; fhaf Ihe mortgago~ will mo~e auch /urlhe~ aaiunances to pw~ect the /es iimpb tUlt to satd Iand in th~
morlgagee as may ?easonn6lr 6e requtred: thnt tl~e mortgugor i~~reby Jully wnrranb the titb !o satd land
and wtll dejend the sane agnlnst the Inw~ul cInleRS ,q~ aU penow whomsower: and that iatd iand ta jrt~
and clear o( all encum6rnnces except taxes accruing aubsequent to December 31, 1978.
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~V~ ~W~s~ t{~at i( snid mortgngor ihall pny unto aaid nwrtgagee the certain promb-
:or~? noe. h...t?~a/eer su6,eaartaUy aopied or id.neeJied. eo-wte:
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518,000.00 Lake Worth, Fiorida, ` , 19 79
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~Or ~Mjlie ~tQ[Ptl~P~t ~he undersigned joi~rly and severally promises to pay to ~hs ord~r.
of i.F.ON RIC.IiARD and BERTHA RICHARD, his wife,
: the principal sum of T~~ [ RTY F.i GFIT TIInUSAND AND NO/ 100----- p~~rs (s 38, 000 . 00
toyether with interest thereon From date at the rate of NINE (9X) per cent. per snnum uMil rinaturity,
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said i~terest being payable monthly on the 11 t h day oF each and every moMh both principsl
and inferest being payable in lawful money of the United Sfales al 230 Easy Street,~ Indian River
.
4:~t:it~s, P~rt tit . Luri~~, Fl~rida 33452 F~~,
, or at such olher place as Ihe holder hereo~ may designale in wrifing. Principal and interesl payabls in inslsll-
I' ' ments o{ •ruiir:i: n~{r:l?I;P.I~ huR'I'Y-irNP: A~il) 9U/1t11)--- Dollars, (s341.90 ~ ) ~
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` each on the ~ 11 th Au ust
~ day of each and every month, beyinning on ~he day of 8 ,
~ 19 79, and continuing until said principal and intereu have been paid. Eath inslallmeM psym~M shall ba
J;~ uedited first on the inleresl then due; and the remainder on printipal; and interest shall th~nupon t~as~ upon
! Ihe principal so tredited.
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t1AR1:lt Rf•:SI•:RVI•:ti '1'lll: K 1(:IIT Tt? PI:h:PAY A1.1, nR ANY PnRTION OF THF. WITHIN INDEBTEDNESS
AT ANYTiT1F: tdl'1'll(~l?T PP:NALTY.
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y j~ Each makef and endwscr severaily ws~ves demand, prd~sl and notice of maturitr, ~-wr~~ a aa.s~ a~,d +n _
~ quirements necessary to hold each of fhem li~{e as msk~rs and endo~s~rs. ,
~ , L'' Each msker and endorser lur~her ayrees, jointly snd t~v~rslly, to pay ~N costs o~ cdl~ction, includin9 a r~ason~bl~ atta-
~ ney s(ee in case the principal ol lhis rale or any paym~nl on fM principa) or anr inf~r~sl Ih~r~on is not psid at 1~ r~sp~ttiv~ ~
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~ maturily Ihereo(, or in tase it becomes netessary to prol~tt Ih~ s~curity hNw1, whNhe. wir b~ brou9hl a nol_ ~
This note and defer.ed inlerest paymen~s shal) bear inlersst al Ihe ra~~ of 9X p~r c~M. pK aerwm (ran matwil~r
~ ' ~ uMil paid. , .
~ ~ This nols is secured by a(irst morlgage o( evsn da1~ Mr~with and is to be constru~d sad enlorc~d xcadiny to tM laws
~ ~ r• ol the Slate ol florida; upon delault in the payment o( principal and 1or ~ntsrest when due, fh~ whob wn~ ol principsl and
~ ?~_i m+eres~ remsinin9 unpaid shall, a1 ths option o( Ihe holder, b~com~ immed~ately dw snd payabl~. ,
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