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HomeMy WebLinkAbout0622 ~o ~iaue and to Mold Ilu• suau•, lucp•lher u•ilh fhr lenemertfs, he?eclclumt•rsls and uppurle nancc•s Ihoreiu I~c•Icc+~ctictq. and the n•nt., issues sort pnr(ils Ilcen•u(, unto Ihr• mortgagee• in fee simple. end Ihr nurrfgacµrr cut•enants u•ilh the morl{fagee Ihat the mortgagor is indejrusibly seizes{ of snit{ {ant{ in fee situp{e; Ilutf the mortgagor has good righ! anr{ law~ul authority to convey said {and as afore- said; that f{u• murfrlaltor u•i{( make suds further assuranc.s to perjec! the fee simple title to swirl land in the ntorfttcutr•e as mat• reasonably be requirnd; that the mortgagor hereby fully wnrranfs the title to said (and anti will defend the some against the lawful claims of all persons whomsoever; and that said land is free cutcl clear of all encumbrances accruing subsequent to December 31, 1978. i I I j f i I i ~ I r ~ ~rou~ded !ways, that ij said mortgagor shall pay unto said mortgagee the certain promis- sort' note Itereina(fer subsfantia{{y copied or identified, to-wit: .•oWrGwG[ H07E 12 , 800.00 ~ Port St . Luc ie ~ Florida $ June 15 I9 79 FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to F.~'1NETTE KANTOR and EDWARD KANTOR or order, in the manner hereinafter ape~ed, ii~c principal wm of TWELVE THOUSAND EIGHT HUNDRED and ~ 00'!00 DOLLARS ~ s 12 , 800.00) wrtb snterest from date at the rate of 9X per cent_ pu annum oo the balance from rim- to time remaining unpaid. The said principal and interest shall be p:y:blt in lawful money o! the United Stater of Amain at 13A Nob Hill, 35 Locust AVe. F.oseland, N.J. 07068 or at such place as may hereafter be dcsignatcd by written notice from the holder to the maker hereof, on ;'r,s date and in the manner following: Principal sum shall be paid in 3 equal annual installments of $4,266.66 plus interest. First payment due 1 year from date and yearly thereafter until said principal and interest due thereon are fully paid. i ~ The maker reserves the right of prepayment at any time without penalty. l i ( { f _ This note with interest is secured by a mortrage on real estate, of even date huewith, made by the maker hereof in favor of the said :.se, and shall be construed and enforced according to the laws e! the State of Florida. The terms of said mortgage are by this reference - ::.ads apart hereof. If default be made in the payment o! any of the sums or interest mentioned herein or in said mortgage, or in the pcrforroana o! y an} of the at;recments contained herein or in said mortgage, then the entire prinupal sum and accrued interest shall at the option of the eider hereof become at once due and collectible v-ithout notice, time being of the essence; and said principal sum and accrued interest si:all both bear interest from such time until paid at the highest rate allowable under the laws of the State of Florida. Failure to exere~se ~ :.'iis option shall not constitute a waiver of the right to e~eercise the same in the event of any subsequent default. Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice of dis- ~ i:.nor and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brought or not, if, after maturrty of this note or default a ,.-:sunder, or undo said mortgage, counsel shall be employed to collect this note or to protect the security of said mortgage. H'henevcr used herein the terms "holder", "maker' and "payee" shall be construed io the singular or plum as the context may :ryuirc or admit. Maker's Address /s/ HARRY.-F.,-_.GOERIZ\GFA-------------------------•-------------------......-----(SEAL) - HARRY F. GOERINGER - •--------•---(SEAL) ~ P.O. Box 1780, Sttavertown, Pa. 18708 ~!K F d ---...----...(SEAL) 'i