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HomeMy WebLinkAbout0592 - - e E 7p nAV~ ~ W the same, together with the tenemenfa, Il~irodltamenN' I~i~ appurte- nances Iherefo belonging, and the rents. issues and projifs Ihereo/, unto Ihs mortgagee. in /es simple. the mortgagor covenant with the mortgagee that the mortgagor t rode/easibly seised o/ said land in lee simple: that the mortgagor has good right and Iaw/uI authority to convey said land as a/on- said; Iltat the mortgagor will rna4e such /urther asaurances to per/tsce the /ee atmple titb to said land in the mortgagee as may reasonably 6e required; that the mortgagor hereby /ully warrants tits title to :aid land and will defend the same ngairtat the low/ul claims o/ all persona whomsoever; and that said land t /rw and clear o/ all encumbroncea @)Op~ ~ {fig ~ s~t to 31, 1979. ~V~ ~sa that t/ snid mortgagor,ahall prey unto snid mortgagee the c.rtain prams- Cory note hereinafter substantially copied or identi/ied, to-wit: wns, ?r. Prrspal h1aW M ataMY, twaa~.ats•Wewst t.d+eaQ - i Mortgog~ Notc - S S , 000.00------.---- Fa=t...Pie~ce., Florid. ................»March....20................19..80 FOR VAIUE RECEIVED tM undersegned promeses to pay l0 1M order of . JAMES ROBERT JOHNSON and...~7Q.i1.I~1....t7S~~IN~S...Q~I.s....~l~.S...W.7~~~.s - ~..e pr~neipat awn of...-..-------.-.-FIVEwTHQ[,I,S.ANA...~1I~....N~~10.!].-.-....-.-.---.-,-.-.. ~...-........-.-.-.-.-r...--.-.-.-.-.-.-.-.Dotlers tcysther wish interest thereon N the rNi d......1Q.$............per cent Per an+wm From.......a4~~r.~....~eT_~Q.~...» v~:t~l n+aturity, bosh princepaf ar?d interest beir?p-payable in LawFul Ahorsey of tM Utwted Slates, suds PrinciWl r~ and interest payable in enataNmeds u folbws: The sum of $5,000.00, plus interest, due on or before March 20, 1981. Such installment payments shall be applied first to tM interest accruing under tM terms d. then note and then to a reduction of tM printipa! indebtedness. 7t» makers and endorsers of this note fwtker agree to valor demand, nonce ot-non-payment and protest, and in the evert suit shall be brought for 1M col~ect~on hereof, or tM same has to be collected upon demand d sn atlorMy, to pay reasonabfe attorney's fees For nsaking such collection. All peymenls here- . under shalt bear interest at IM rate of..l Q percent per annum from +rah~rety until paid. This hole is secured by • nwrtpa90 d even date herewith and is to x constnred and enforced according to the laws d the State d Florida; upa? defauq en the payment of .principal andlor interest when dw, the wt?ote awn of pr,nc~pal and interest remaining unpaid shall, st tM option d tM holders, oecotne immediately dw and WYabN- failure fo exercise the option shall not tonstitule a waver oI the right to exercise tM same in IM went d subsegwm deFault. } 1,,,,,. Right of prepayment In whoN O? In Part 9rinted without penslty~Y.»~.~~.~.~~.~~»1.ill.~~.R..«.........XCG•..--.-.-.-...- i' .»........»...»..._.............»....._.....»„.~...3pppG..._... . i ~ ........ISEAU ' oayawe at ..~Sr/-......TA1811!E,'S....R.....~'.I].dB...................................... lsf. Betty.....,....Pride ....rsEAu . _ o. such other place as shall be ........................................(SEAL) designated by ?tN holder d this {i note m writing. •--................................................{SEAIti 1 Bgq(t~ PAGE ~ .a