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HomeMy WebLinkAbout0391 i i , I - - - _~t1ts_aat2t to the same, tq~ether with the tenements, h~ditaments and appur• tenances, unto the - 11[ortgagee in fee-atmple: - - - - - - - - - - - - , - - - - ~ - _ . , said- Mortg r doss covenant with said Mortgagee that said Mortgagoor is inde~ea- sibly seised of said land in je.~e simple; that the said Mortg r has jell power and /awful nght to convey said land in jes sunpk•as of that u shall lawful jor~ Mortga~s at all times ly and quietly M enter t~poan,-hold, oc~cry~y and e~oY sand that aatd land is jr+as pnaii ineumbmneea; that -said Mortgagor will make auekn~ jia~ar tesawranoea to perfect ' thesimple title to said land is said Mor~tggages as may reaao blyy be uirea~ and that said ~rtga~g~or does henaby ~ nt the b'tls to said land and will defend cams against the ; - ~ elatttsi of s~ w _ _ _ - _ , •~rob~eD ttlbut~s, that if said ~ shop ppa~yy ~ the said Mortgages the certain promassoty Hots, of wldch the ~ N'~ uaorde . aid :!es is a true coPY, to wit: FORM Uit • MORTGAGE N018 TuTIiLwNx wmr+arm u. a orncs J ~lJr7ls 41n /Y!(T. /Y~t~P4~ .uwma vI. e/sw ~ 16,474.10 Woodstown, New Jersey Auqust ~rl 1979 ' PO[Z VALUfi RECEIVBD, d,e tttdersigaed, (jointly sad severally, if more than sore) promises to pay eo , LIL•LIAN LOYA a order, is the autmer hereiaahec spcei5ed, cite principal sttm of SlXGB<'ll Tllot3sarKl Pbur Hluxited Seventy Four Do~].ars and 'Deli omits j100 DOLLARS - - (S 16,474.10 ) vvidc from date u the rue of g$ per Dent, per aarwm oa the balance Iran time co time remaining unpaid. The -said-priraapal sad interest 6e -payabic is lawful aaoaey of tfre Laited States of America u or ax stack plan as .mar hereafter be designated by written ttoace from the holder w the maker hereof. ~ _ _ _ _ _ - che date sad is eke manner fo0owiog: - - _ _ _ The undersigned shall make monthly payments of T~.~o Hundred and Eight Dollars and Sixty-Nine Cents ($208.69) on the first day of each month until the full sum is paid in full. Maker may pre- pay at any time in whole or in part without penalty. It is acknow- ledged that the Makers have made five (5) payments of Two Hundred Eight Dollars and Sixty-Nine Cents ($208.69) to LILLIAN I,UYA and that the present principal balance of the loan is Sixteen Thousand and Forty Two Dollars ($16.042.00) and that the next payment that is due is the payment due September 1, 1979. This aotc with iatcrest is secured by a mortgage on real elute, o[ even dace herewith, made by the maker hereof in favor of the said payee, and shall be conurued and eaEorced according to elte laws of cite Sate of Florida. The terms of said mortgage are by this «fereace merle a pact hereof. U dcfauk be nude w the payment of say of the sums or irueresc metuioaed hercia or in said mortgage, a is the pcdormaace of any of the agreeaacros catuiacd herein or ut said raottgage, then the entire principal sum std accrued interest dull at the option of the holder Fureo[ became at a~ee due and eolleacbk without rtoticc, time being oI the essence; and said principal wm and accrued iucerese shall both bear iotereu fray such time until paid u the highest rue allowable order the laws of the State o[ Florida. lasltrre to e:crcise this option shag nor conuitute a waiver of the t~tc co cxercisc the same is chc everu of any •subsequem dc[auk. ' Each person liable hcrean whether maker or eada~ser, hereby waives presenttnenc, protest, notice, notice o[ proasc std notice of disha~er and agrees to pay ap coos, iochrdiag a reasotubk attorney's fee, whechcr suit 6e brought or Hoc, if, after maturity of this note or de[auk hereunder, or under said mortgage, counsel shall be eruplored to collect-this max or to protect the secnrtty of said mortgage, - Whencver used herein the terms ''holder", "maker'. std "payer ' shall. be caturued in the singular or plural as the context may . «quire or admit. Maker's Address F R XHI E (SFaL) Post Office Box 97 (S~) , Woodstown, New Jersey 08098 ONETTE G NE (SEAL) , and shall perform, comply with and abide by each and every the stipulations, agreements, 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. ~tta the said Mortgagor hereby covenants and agrees: 1. To pay all and singular the principal and interest 4nd other sums of money payable by • virtue of said promissory note and this deed, or either, promptly on the days respeetsuely the same severally come due. - - -~-T'o pay. all and singula~ths taxes; assessments,-levies; labilitiea~-©bli~ations and encum-.-_ brances of every nature on soot described property each and every, and if the same ~ not promptly paid the said Mortgagee may at any time pay the same unthout waiv:ng or of eetuig the option to foreclose or any right here~s~er, arul every payment so made shall bear tntereat from the date thereof at the rate of 10 per cent. per annum. _