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HomeMy WebLinkAbout1771 { tc•' the same, together u~itl? the tenements, heredituments and uppurlP ~o ~iaue and to Mold nnnres Thereto belonging, and IhP rents, issues and profits thereof, unto the mortgagee, in fPP'simplP. ;1 ~ i lend IhP mort~lagor ror~Pnanfs with the mortgagee Iha! the mortgagor is indPJrasihly seized of said land in fee simple: that the mortgagor has good right and lawful authority to convey said land as afore- said; that the mortgagor will mak. such further assurances to perfect the fPP simple title to said land in the nwrtgagee as may reasonably bP required: that the mortgagor hereby fully warrants the title to said land anti will dP(end the same against the lawful claims of all persons whomsoever; and that said land is free and clear of all encumbrances The mortgagor further hereby covenants and agrees Kith the mortgage that the debt represented by that certain promissory note aubatantia~ly !i copied or identified beloM is also secured by a purchase money ~ security interest in State of Florida Alcoholic Beverage License f Series 6-COP, Audit Nwnber 26278, in addition to this mortgage, and that any impairment of the mortgagees' security interest in said ~ Alcoholic Beverage License shall hereby constitute a default of thia~ mortgage and shall entitle the mortgagee to immediately institute suit for the foreclosure of same. ~rouided always, that if said mortgagor shall pay unto said mortgagee the certain promis- sort' note 1?ereinafter srrbsta?ltinlly copied or identified, to-u~it_ I j s 150, 000.00 ~orc Pierce, Florida Y • ~ 19.r~ Milliam Ailan Morris - ,f~ der IiR~Riiip pro,,,;x to pad to the «da of Cari Carl*on of St. Luoio Covnty~ Ina. the 4lun~rfad i~ift~ !j'j1¢t,~tsaad tY1t1 4(1/100- __-DOLLARS f« value recei?ed, payable at lo4g ~7ti~ 8trwC, Fort pierot, tlor3tla 3350 . with interest from date at the rate of.~._ per cent per annum una7 paid; interest payable - 190A~h~y It ddault is made In amt paYmant when due. than at tM optbn of tM holder. and without any other notla. sit tM rarMlnNy wlana shall t» due sad paYael. n oat.. . ~ Md asth of us wh.thM malty. ,uaranto? or andwsr, hereby sM?atally wshhs anti ranout?oas any and aN honlasbad axarnptlon rf9hts w• may haw under tM ConstHutlon or laws of tM Stab of Floslda. « any other Stab or lJnlgd States, as sgsinst this note: arty each further watvas demand. notla of norrWynnnt and protst. and In tM awwt it b.wmas rNw~arY to collect this not. thraryh an sttornay. sgraaa to pay atl costs of cotNction, InCludMy raasonabN attornry's fN. Principal. ctrl ~_rtrrtat to be paid in equal ironthly inatall~nts bar a Laren o2 Pivf~ y38re trop the data of 'hits note. Maktr to haw the ri6ht of }ilrepitytasnt vilthout penalty . Psy..nt to p• made in oist~ (60) oq~~onthly installssnta o! `3,18T.1A •sob, oomle~noina on t2~ „~_day of ~?ber , 19?. ~ , and a like sum on the I_ b-~~• day of each auooossi~rs aaneh t2~raat'tar. isi S~L . No. Due ,r,'~K32U ~~~E1~6~