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HomeMy WebLinkAbout1065 - . _ • ~0 ~ ~ the anent, together wtth the ttttemente, htrediiansnta and appturts- nancea thereto bebnging, and the rents. iasttes and pro/its ehtro°/. unt° the mortgagN' !n /tt simple. nN~ the mortgagor covenants with the mortgagee that the ntortgago? is tndt/twibly atised o/ said , ~If~ g land in (ee simple; that the mortgagor has goad= h~~d to wperu(eeatuflhi~et simple utltato said land t l the aatd; that the mortgagor will make suck /art mortgagee as moy reasonably be required: that the mortgages hereby /uUy warronta the title to acid land and will! defend the same against the law/ul clatma of aU persona whomaotver; and that sail! land to /ree and clear o/ all encumbwnces t ~~s that i/ said mo`tga~.or shalt pay unto said mortgagee the certain promia- sory note hereinnjeer substantially copied or identtf ied, to-wit: # F $4~, 028.85 Florida August 10th , lg 79 • S . L . SOKO~. For volut received the undersi6ntd promises to par to the order of ' the principal sum o/ Forty Hundred Twenty-eight & 85/100----y~~~rs 4, 023.35 ~ ~o~~er~i~lirttihetreon ~grt O~ af~~t ~~~r>rr cent, per aI1I1LIt17 r•ntil maturity, said interest ~hrin~ payable ~ c Y.107[ - x ~ ~ PX~~ th F;incipala d interest bein6 payable in laK/u! money of the United States or its equivalent, at W at'1~. IT said principal sum to be parable on the dates and in the amounts f S5`i~f~t~~'v~'fSollars ($67.00) shall be due and payable on the 25th day of ~ ~g September 1979, and a like amount of Sixty-seven Dollars ($67.00)-shall be o< due and payable on the 25th dap of each and every month thereafter until' aF all sums, principal and interest, be fully paid. All payments made hereby ' shall apply first to accrued interest and then to reduction of principal - 1 baiaf~ae and then to redut~ton of. This note >;tay be prepaid at any time after ~ one year from date hereof upon payment of a two per cent (27,) penalty on ~ the then unpaid principal balance. f. s s 0 f # r ~ aaeh maker end endorarr aerenliy tcalrea demand, protest and notice of mattutt>., non-payment a protest and ail requlremeata neeeaaary? to hold each of them 11aDle as makers and endorsers 1 ~ Each maker and endorser further asrees, Io1ntIT and sererally, to pay all casts of eolitctfon, IneludlnR a rtuonable attorney's fee In cast the prlnclpal of fhb note or fay payment on the prlnclpal or snT Interest thereon u not paid at the rppeetlre maturity thereof. or In ease It tecomes necessary to protect th unq hereof. whether suit bt broutht or not. ten Ttfts note ..nd deterred lnt~rtenta shall bear Interest at the rate of per Beat, per annum from maturity urtlt paid. This note Ls secured Dy • _ morLRaRe of eren date herewith and 4 to be rnnatrued and enforced aeeordlnR to the lass of the state of Florida upon default In the payment of prlnclpal and or Interest due on and note secured Dy said ltortpat. all notes sp secured and r~mslntnl; unpaid slull forthvlth become duf and payable nota~ItR•tandlnR theft tenOt.- 1, I ) Q ~ _ ~ - z - t Seal t - - - - - t8eal? Ji I i = e,>~3~.4 P,~E~.060