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HomeMy WebLinkAbout1614 : _ i t ijj F S TO HAVE AND TO HOLD the same together with• the tenements, heredititments, and appurtenances, Hato the said Mortgages-, any its ~`'s~+a and assigns, in fee simple. AND said Mortgagor for iteelt and its successors, legal representatives and assigns, doth covenant with said Mortgages,#s3 ,r,msQr,.-s l~1, legal representatives and assigns, that said Mortgagor is indeteasibly seised of said land in fee simple; that the said Mortgagor bath ' fall power and lawful right to convey said land in tee simple as atoresaid; that it shall be - lawful for said Mortgagees suooess+orE~ , legal representatives and assigns, at all ~ times peaceably and quietly to enter upon, hold, occupy and en3oy said land; that said land is free from ell incnmbrances; that said Mortgagor, its successors and legal representatives, will mare such iurthsr asanrances to perfect the fee simple title to said land in said Mortgagee_.i~s at~r~c~nrt= ~a~ legal representatives and assigns, as may reasonably be required; and that said Mortgagor does hereby fatly wan~ant the title to said land and will defend the same = . against the lawinl claims of all persona whomsoever. PROVIDED ALWAYS, that if said Mortgagor, iffi anccessora, legal representatives or assigns shall pay onto the said Mortgageeit.~ ~~ec~asors regal representatives or'assigns, ~ the certain promissory note-, of which the following in words and fignrea is a f true COQ t0-wit I - ` 3 : .............4.o~.QQo..oo._.........__.._._... ~.ids......_......•........1.~.,~~,9.~?._. FOR VAUIE RECEIVED tM wdrsipn.d orowiws Ie v~t? fo flte ordw of Talisman Investments, Ltd. a (band Cayman corporation the rnci Fb Thousand and 00/100 ...Dollars (s..-40,000.40.......-...f. w Pal sum of..-...._....-• ._.._..r..............~......_..._......._-......-.............. together with interest thereon from date, at the rate of...-...12 ............:......................_._...psr cent, per..---.- Sili1LBR.............-.....-............until maturity, said interest Being payable IIIO~I1t~'y ...............on the...........................day of..... Jan. ~ 1978.: dTKI. _Orl.. and---- Of...~:rY... Sl]bSeQll~Tlt mon each Ycar; bosh principal and interest being paYabb in lawful money of the United States « its equivainnt, sl ......................................................_..........---....._..............._.._-..said principal sum to bs paYabk on the dates and in the amounts specified bebw, to-wiF ` $4,000.00 on the day of January 1979, and $4,000.00 on the day of every suUsegtaent January, until said mortgage is fully .paid; t This note may be prepaid in part or in full without any penalty. 0 Z Each maker and endorser severally waives demarsd, protW and notice of maturity, non-payment « protest and afl requirements necessary to hold each of E Them Gabk as makers and endorsers. Each maker and endorser further agrees, jointly and severally, to pay all costs of collection, includirtg a reasonable aNorMy's fee in case the principal of - this note « any payment on the principal « any interest thereon is not paid st the respective maturity thereof, « in qfe it becomes necessary b protect the c security hereof, vrhelher suit bs brought « not. This note and dderred intertsst pa~tf bear interest al the rate of._._....12..-........per Dent, per anrtwts from maturity txftil paid. - This note is secured by a........ gape of even date herewith and is to be construed and en1«ced acc«ding to the laws d the State d Florida; upon de/ault in the payment d principal andlar interest dw on any note secured by said Mortgage, sU Holes. so secured and remaining unpaid shall forthwith ~ become due and payable nofwithslsndinp their tenor. ~ COSIiDS Developing AS.ca~Clates, ~ ~ ~ 1 ~ FFy ? a ` ~ C ~r~ and shall perform, comply with and abide by each and every the stipulations, agreements, ; 3 conditions and covenants of said promissory note- and of this deed, then this deed and the estate hereby created shall cease and be null and void. AND the said Mortgagor, for itself and its successors, legal representatives and assigns, hereby covenant and agree - BO K 314 PaGE 167 - 1