HomeMy WebLinkAbout0657 •
T
. ~ .
! ,
the same, together with the tenements, hereditaments and appu?le-
~o ~1tUt and to ~totd
unnces thereto belmrgin~, and the rents, issues and profits thereof, unto the mortgagee, in fee simple.
,i
`I j~,~,~
TiiW the mortgagor caaennnts wtth the mortgagee that the mortgagor is indefeasibly seized of said
land in fee simple; that the mortgagor has good right and lawful nuthorily to convey said tared as afore-
said: that 1bp mortgagor will make such further assurances to perfect the fee simple title to said [and in the
mortgagee as may reasonobly be required: that the mortgagor hereby fully warrants the title to said land
anti mill defend the same against the lawful claims of all .persons whomsoever: and that said land is free
and clear of all encumbrances except taxes accruing subsequent to December 3I,
ii 1979 .
I
i
}
Y
-t
1
~ z}~
2
V~ ~UtudyS, that if said mortgagor shall pay unto said mortgagee the certain promis- 3
! sory note hereinafter substantially copied or identified, to-wit:
PROMISSORY NOTE ~
_ ~
$ 27, 570.00 Fort Piercer Florida January 3 1980 ~
8
i
For value received, the undersigned promises to pay to the order of
JOSEPH G. MILLER ~
at such other place within the Onited States of America which the holder hereof
may designate in writing to the undersigned, the sum of Tk~rt;; =Se;;e : T::o;:s3^.d
t
Five Hundred Seventy and No/200_____________________________Dollars,
in installments, as follows: 35 consecutive monthly installments
in the amount of $ 298.03 each, due and payable on the Ord -day of
each calendar month hereafter, commencing on Februar 3 , 19 80 ,
and a BALLOON and final installment of $ 2 6, due and payable
on the 3rd day of January 19 together with interest on
the unpaid balance hereof from the date hereof at the rate of 11.75 percent
(11.75 X) per annum, payable on the same dates installments of principal are due.
- If any one or more of the following events should happen: There should be a
default in the paytaent of interest or an installment of principal due hereunder,
or any party hereto should make an assignment for the benefit of his creditors,
or attachvent or garnishment proceedings should be commenced, Ora judgment be
entered against any party to this note, or a receiver be appointed over any
property of any party hereto, or proceedings be instituted by or against any
party hereto under the Bankruptcy Act, as amended, the holder hereof may, at
his option, without notice or demand, declare this note immediately due and
payable. After the maturity of this note, whether by acceleration or otherwise,
it shall bear interest at the highest legal rate.
The holder hereof may, without notice and without releasing the liability of
any party hereto, grant extensions or renewals hereof from time to time and for
any term or terns, add or release one or more parties hereto, acquire additional
security, or release any security in whole or in part. The holder hereof shall
not be liable for or prejudiced by failure to collect or for lack of diligence
in bringing suit on this note or any renewal or extension hereof.
All parties hereto waive protest and agree that, in the event a default occurs
and this note is placed in the hands of an attorney for collection, they will
pay fifteen per cent (15X) of the principal hereof as attorney's fee. The
words "any party hereto" or "a12 parties hereto" shall, in addition to the
undersigned, include endorsers, sureties and guarantors of this note, and
the word "undersigned" shall include the singular as yell ae the plural number.
. Right to pre-payment without penalty.
t~r~ / s / (SEAL)
BOOK 3~3 PAGE 6~7 ~Yederidc G, xiesel Maker
/ s /
Judi rh x; o ~i