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HomeMy WebLinkAbout1979 • J ~O ~ ~ fltf lantf. togfiltfr Witit t1t1 tfnfetftlb; ~fifrwlitart.itb oriel appurff- nnncf!]t~lcero/ to ,belonging, and tltf roitb. tout! and pro/its thfro% auto Iltf t~ortgag«, !n atenplf. Z111f~ tlcf mortgagor oownant! with t?te truxfgag« t?tat tltf wtortgetge?r L indf/falibly afizfd o/ feerd land in sitrtpb: that t/tf mortgagor la, good ,tglct ecrtd law/uI authortep to oonw~r lard lo,?d a! a/o~f- lard: that t~f mortgagor wtU nta~f fuclt /urtltfr ewuranoef to per/e+et tltf frrapl• ettlf to ford land rrt tltf nto.egag« a! tttay roaronably bf requtr+fd: tkat tltf mortgagor ltfrfby /uUr worrartb flu fltb b lard load and wrU d./end tltf lamf agatrtft thf law/ul dorntf o/ aU pfrionf w~; and t/wt add land to /ref and clfar o/ aU fncurn6rana! , except those taxes accruing subsequent to December 31, 1979. ~p ]~ut+ that i/ laid tssortgagor f~ pay unto lard tttortgag« tl?e cwlain pr+omtf- son Wort Iwntn./t.. f~ copt.d or tdfrttt/ifd. to-wtt: woRrawas Wort = 2 , 500.00 ,Florida Decembe~~.l9 79 FOR VALUE RECEIVED, the uaderugncd, (jointly and severally, i[ more than one) promires to pay to JOSEPH J. ORFELY and ALICE ORFELY, his wife • or ordu in the manger 6ereiaalter specified, cbe p~p~ wm d TWO THOUSAND DIVE HUNDRED AND NO/100=--- ~I00 (i 2 , 5 0 0. 0 0 )with intersat troeg ~e +~the rate d -10 - pu rent. per annum on the balance from rims eo time remaiaias unpaid, The said pprruu~~aupal and interest shall be payabk is lawtui money d the United States o[ Ameria u 19 4 0 N . E . 17 5th Street , N o r t ih Miami BB'e a c h , ~ at such place as may hereafter be desisnated by written notice from the bolder to the maker hereof, on Fc~ °~att~~d in~~ner tollowirts: Principal and interest due thereon payable in conseative monthly installments of SEVENTY DOLLARS-AND NO/100 ($70.00) beginning on the ~ day of FE6~4tJ~Rl/ , A. D., 1980 and to continue on the day of each and every month thereafter until said principal and interest due thereon are fully paid. - The makers reserve the right of prepayment-at anytime without penalty whatsoever. D 0 This note with interest u secures ~r a cnortsase oa real estate, d even date herewith, nude by the maker bard is favor d the said payee, asd shall be oonstrt~ed and erJtxced acoordina to the laws d the Sate of Fbrida. The terror of said mortsase are blr this tefettinoe made a part hereof. II defanh be made is the pa>'~t d air d the sums esr faterest mentioned herein or is said asortsase, or in the pedor4aaaoe d as d the a~ p contained f~eia or in said asottsge, thm the entiro principal swn and aoaued interest shall u the option d the balder brio( b at core dne and oollecuble witlwnt aotioe, times beinakd ebe essence; and said principal sutra and aeuued interest shall both blur interest froea mcb time aatt~ paid u the bishest rats Ilorrab under the laws d the Sate d Florida. Failnre w exercise this option shall not coastitnte a waiver d the risht w eaercise the lame in the went d sap subsequent default. Each person Wbk hereon whether maker or eadoeser, bencby waives presentment, protest, ,atice, notice d protest sad notice d dis. honor and aFea to pvy aII coos, iadudiaa a reasonable attorney's taeee,, whether suit be brousbt or not, if, steer maturet~ of thu note or ddauit 6ereuada, or Wads said moresaas, oouasel shall be empbyed a eoAect Ibis note or to proton the security d said aoortpse. Wbeaerer used herein the terms "bolder", 'Sssaket" sad "papa' shall construed is or plural as the eoataK guy requ'~te of admit. ~ )daker'i Addresset~ ~ SEAL) P~6E finest M rCblon, ~ ( 1482 NE 175th Street (S~) North Miami Beach, F1, 33162 Miriam Colon (SEAL) 1`