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HomeMy WebLinkAbout2891 • i ~ T i. '~AVt AID W 1W~ fete same, together uitt~i the tenements, henditaments and apptute- /lances thereto belonging, and the rrnfs, issues and pro/ifs Thereof, unto the mortgagee, in fee simple. nl~ the mortgagor covenants with the mortgagee thnt the mortgagor is indefeasibly seized of aaid land in fee simple; Thal the mortgagor has aii,d riglst attd lcu~ful aatharity to convey said land aafore- f sa:~~ '~~t the mortgagor will males such further assurances to perfect the fee atmple title to said land in the mortgagee as may reasonably be required ; that the mortgagor hereby /idly warrants the title to said land and will defend the same against the lawful cbims of all pe?sons whomsoever: and that said land u free r and clear of all encumbrances . - i ~ I ll i , ~~utded ~lwnyS, that if snid mortgagor ahnll pay unto said mortgagee the certnin promis- sory note hereinafter substantially copied or identif led, to-wit: { '4 - ~ r rior•, r4. (?n.c~VM P•r~AM iw AbN?Ir I~r.Y~NN • Y,twu• t«4d•d) f[ft/INpf.[ FOAM 77 ` Mortgagpe Note - ~ s 19, 0.0.0.00 "~t.....pieroe........, Fleriaa........-.._..._......... - FOR VALUE RECEIVED the undsrsignei ..•--...-..--...---19......... promise: to pay to the order of .......................MORRIS...GATES...and---ANNA-..GATES tie principal awn a<.....I~Iinet,een....Thausand..-and ..nA,/..1.OQ-.-----_-.---------------------------..-[Jotters together with interest thereon at the rates ot.....-`.8.'.... --pw cent per aruwMn troa~....... Gate--.... until maturity, both principal and interest • being payable in tswWl Mosey of the United States, such principal sum and interest payable in 6WatbnerN: as foflows: One Hundred Eighty-One and 58/100 ($181.58) Dollars principal and interest commencing on the 15th day of~January, 1980 and continuing on the 15th day of each and every month thereafter. The remaining principal balance together with accrued interest thereon, if any, shall be due and payable ten (10) years from date. I. This note shall be prepayable at any time without premium or penalty. Such installment payments shall t» applied first to 1M interest awui ng under ttse terms of Ibis note and then ro a reduction d 1M principal indeWednas- The maknn and endorsers of tlws note fiother agree fo waive demand, notice of nonpayatetN and prahst, and in the event soil shalt be brought for the collection hereof, or the same has ro be collected upon demand d an attorney. ro pay reasonable aMorney's lees /a making such collection. All paymeefs Mre- under shall bear interest at the rate of..-.1,r3....-..percent per annum fran nvhrriry until paid. ihis note a secured by a mortgage d even date Mrewith and is to be construed and enforced according Io tM Taws of the Stale of Floridr upon defauh in the psyesenl of principal and/or intwa when dw, IM whole sum of pr~napal end interest remaining unpaid shalt, at the option of tM holders, become immediately dw and payable. Failure ro exerese this option shall not constitute a waiver of tM right to exercise the same in tM went of subsegwnt default. c o 467 Poinciana Drive _ - J~__ ,Z SEAL Payable st......~...----• tr„2~ i'Z 1 ) . Hallandale Florida 33009 d -~h P• a--e' ....~x~r..t---~. - ......_....-.._{SEAL) ricia a e or wch other place as shall be .........~..t~-.,? .................................._.-.._-_..._--.-(SEAL) j designated by IM holder of This Terry D. Vitale a single man note in writing. .-...--....-..----.......iSEAL) ~ - ~ I I I !I • • 80g13~3 PdCE2~ )