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HomeMy WebLinkAbout1794 _ _ _ _ _ _ _ - - - - ..:i _ _ a ~ W the same, together with the tenemanfa. hereditamenls and appurts- nancea thereto belonging, and the renta, tasues and profits thereof, unto the mortgagee, in fee simple. the mortgagor rnvenanta with the mortgagee that the mortgagor is indefeasibly seized of said Land in fee simple: that the mortgagor has good right and lawful authority to convey snid land as of ore- said: that the mortgagor will malts suck further auur+ances to perfect the fee simple tills to said Land in the mortgagee as may reasonably be required: that the mortgagor hereby fully warrants the title to said land and will defend the same against the lawful claims o/ all persons whomsoever: and that aaid land to f rse and clear of all encumbrances . _ `e ~ _ ' ~V~ ~IIUiUJS, that if said mortgagor shall pay unto said mortgagee the certain pr+ornit- sory note hereinafter subalbrrtinlly rnpied or identified, to-wit: - MORTGAGE NOTE - ~ AMOUNT LOCATION GATE :18,500.00*** Toronto, Ontario, Canada FOR VALUE RECEIVED, the undersigned, (tointly and severally, if more than one) promises to pay to J06EPH HAROLD $RANDEL, a single adult - 775 Groveland Place Dubuque, Iowa 52001 or order, in the manner hereinafter specified, the principal sum of EI(l-BEEN 'INOt~SAP~ F1VE Hl11mRED and 00/100-----------------------Dollars IS 18,SU0.00*** ? With interest from date at the rate often 10 . (der cent, per annum on the balance from time to time remaining unpaid. The said principal and interest shall be payable in lawful money of the United States of America at or at such place as may hereafter be designated by written notice from the holder to the maker hereof, on the date and in the manner following: $3,700.00 on or -before 1 year from Date. _3,700.00 on or before 2 years from Date. X3,700.00 on or before 3 years from Date. } ~3,700.OO~on or before 4 years from Date. X3,700.00 on or before 5 years from Date. _ The makers of this note herein reserve the right of prepayment in whole or in part at any time without penalty. Florida Doct,trnentary Stamps have been paid on and affixed tv the mortgage securing this note. f f .This note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker hereof. in favor of the said payee, and shall be construed and enforced according to the laws of the State of Florida The terms of said mortgage are by this reference made a part hereof. - If default be made in the payment of any of the wms or interest mentioned herein or in said mortgage, or in the performance of any of the agreements contained herein or in said mortgage, then the entire principal sum and accrued interest shall at the option of the holder hereof become at once due and collectible without notice, time being of the essence; and said principal sum and accrued interest shall both bear interest from wch time until paid at the highest rate allowable under the laws of the State of -Florida Failure to exercise this option shall not constitute a waiver of the right to exercise the same in the event of any wbsequent default. Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice of dishonor and agrees to pay all costs, including s reasonable attorney's fee, whether wit be brought or not, if, after maturity of this note or default hereunder, or under said mortgage, counsel shall be employed to collect this note or to protect the security of said mortgage. Wherever used here in the terms 'holder', 'maker' and 'payee' shall be construed in the singular or plural as the context may require or admit. / MAKER'S ADDRESS / EaoK3i7 P1iGf1.~ GEORGE VAImE BUN'}'E W W N N 0 ~ _