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HomeMy WebLinkAbout0047 • .w f ~o ~aue i~d to ~iotd the same, together with the tenements, hereditaments and oppurte- ~ it nnnrPS Thereto belonginct, and the rents, issues and pro(ifs Ihereo(. unto the mortgagee, in JPe simple. I! Y,~ C the mortgagor covenants with the mortgagee that the mortgagor is indef eosibly seized of said I) land in jee simple; that the mortgagor has good right and lawful authority to convey said land as afore- said: That the mortgagor u~ili make such /urther assurances to per/ect the fee simple Title to said land to the ii mort{tagee as may reasonably be required ; that the mortgagor hereby fully warrants the title to said land and ?vill de/end the same against the law/ul claims of all persons whomsoever: and that said Land is /tee a??d dear o/ all enr•umLranres except taxes accruing subsequent to December 31, 1978. II ~i ! i~ ! ;i , ~COUtded ~tWiUJS, that if said mortgagor shad pay unto said mortgagee the certain promis- sory iatiYl~'inafter substantjg~lticopi~d pr 'sllD{.iJ.Let~_f9-wtt; • ~ h•.~w«r t~ trGtrdw t+~wW r w.+hr tae~ii.rw-+unr w?•-7w.M~ ?w~ fa ?wry-rliyi .t; ~ S 4,.6Q0. CQ liinneapol,is, . Mitu~esota November a3 1974 ; ~DY' ~iIjll;$ ~ZPtEl1~lt~ the undersigned jointly and severally promises to pay to the order , of I"R1-LICEN: L. MC?YER, SUSAN L. WILStON, ALBERT C. LEADER and JANE L. COOPER ri'~y the principal sum of.:Y.IIJE THWSAND SIB HjJNDRED AiJD NO/100------ DoAars(s9,600._00 , together with interest thereon from dah at the :ate of Ten (10~) par cent. per annum unli! maturity, „r. i said interest being payable monthly on the .8th day of each and awry month both prindpa) '_s'• c/o Ro:>ert 'd. Appleford, Esquire, • and interest being payable in lawful money of the United States at ~ ' ' ~ Suite ..300, Br gingham, Mi phi gan _4130.11. _ _ 280 North- dooslward. Ayenuo, j' f or at such other place as the holder hereof may designate in writing. Pri~tcipal and interest payable in install- ments of `T'WO fiUNDRED THREE AND 98/ 1 Dollars, jS 2G3.98 ~ ','f each on the $th day of each and every month,'~beginning on the 13th day of .December, ~ ~ i -.J ~ i 'n~'* 19 7•? . ,and continuing until said principal and interest have been paid. Each installment payment shall be ~ ueditad first on the interest then due; and the remainder on principal; and interest shall thereupon cease upon ~ the principal so credited. x:' Makers reserve the ri~'~t to preF,ay all or any portion of tc~e within indebtedness 't~, '4 at any time without penalty. ~~y ~a t~:e - k • c; ~ 'f ~ ~ * Each maker and endorser severally waives demand, protest and notice of maturity, nonpayment a protest and all ?e- ~(r gwrements necessary to hold each of them liable as makers and endorsers. ,w : Each meker and endorser furlMr agrees, jointly and severally, to pay all costs of collection, including a reasonable attor- f f,' n.y's fee in case the principal of this note or any payment on the principal or any interest (hereon is not paid at the respective i I . ~ maturity thereof, or in case it becomes necessary to protect the security hereof, whether suit bs brought or not. ~ ~ This note and deferred interest payments shall bur interest at the rate of 10 per cent. per annum from maturity s j-ti, until paid. This note is secured by a first mert9age of even dale herewith and is to be cons?rued and enforced according to the laws t ` t' , of the State of Florida; upon default in the payment cf princip:l and 1 o interest when due, tM whole sum of principal and i interest remaining unpaid shall, at the option of the holder, become imm i elr d a payable. t( j nK ~r r r" ~J x~ i, r--' ~ y ~~t~><32i PAGE ~ ! .(seal) i . • .r~ ~ . (Seep E hn F . nn ~ 4=' f ~:-e` lSeal~ - ~t1' - nri (Sea!) ~ ; h~.~