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HomeMy WebLinkAbout2227 ~0 nAa1e ~1111~ ~ the same, together with the tenemep(s...l~M!edilamar~{sy.apd appurte- ~ na+tces Ihrrefo I?Plu?ttti+tg, artd the rents, issues and prof tls thereo/. unto the mortgagee, in f es simple. li fhe mortgagor covenants with the mortgagee that the mortgagor is indsjewi6ly seized of said land in fee simple; that the mortgagor has good right and lawful authority to convoy said land a a f orv- ~ said; that the mortgagor will make such further assurances to perfect the •jes simplt title to said land in the mortgagee as may rrasona6ly be required: that the mortgagor hers6y fully warrants the title to said land nnci will defend the snore against the lawful claims of all persons whomsoever: and that said land is j... . and clear of all encum6ronces ~ except all taxes accruing subsequent to December 31, l~ 1979. - f i i - ~rou~ded ~tways, that ij said mortgagor shall pay unto said mortgages the certain promb- sory note hereinafter substantially copied or identified. to-wit: MQRTGAGE NOTE - RAMCO FORM 6~ i9, 485, 00 - West Chester, Pa. March 27 , 1980 ~ 19 FOA VALUE RECEIVED, the undersigned, (jointly and severally, J more than one) promises to pay to E. BRUCE TAYLOR b MARY E. TAYLOR, his wife os order, in the. manner hereinafter specified, ebe prinripal sum of NINE THOUSAND FOUR HUNDRED EIGHTY FIVE AND NO/100---------------/100 DOLLARS 9, 485 . QO )with interest from date at the me of TEN pit cent pu annum on the balance from time to time remaittiag unpaid. The said principal and interest shall be payable in lawful money of We United States of America at 2 R Bayshore Windmill Village, Bradenton, Fla. 335m7 at such place as may hereafter be designated by written notice from the holder to the maker hereof, on the date and in the manner following: _ I - Payable in Thirty Six (36) consecutive monthly installments of $306.06 including principal and interest. First payment due May 4, 1980 and monthly thereafter until said principal and interest due thereon are fully paid. The maker reserves-the right of prepayment at any time without penalty. This note with interest is secured by a mortgage on real estate, o[ even date herewith, made by the maker hereof in favor o[ the uid ~ payee, and shall be construed and enforced according to the laws of the State of Florida. I[ default be made in the payment o[ any of the sums or interest mentioned herein or in said mortgage, or in the performance o[ any of the a reements contained herein or in said mortgage, then the entire principal sum and accrued interest shall at the option of the holder hereof become at once due and colkcubk without notice, time being of the essence; and said principal sum and accrued interest shall both bear interest from such time until paid at the highest me allowable under the laws of the State of Florida. Failure to a:cruse thir option shall not constitute a waiver o[ the right to exeruse "the same in the event of any subsequent default Each perwn liable hereon whether makes or endorser, hereby waives presentment, protest, notice, notice of protest and notice of dis- honor and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brought or not, if, after maturity of this note or default hereunder, or under uid mortgage, counsel shall be employed to collect this note or to protect the secwity of said mortgage. Whenever used herein the terms "holder", "maker" apd _"payee" shall be construed in the singular or plwal as the conic:t may require or admit. Maker's Address /s/ BRADLEY EVANS ...................................(SEAL) Bradley Evans 905 Fernhi 11 Road ..................................................•--................---........--(SEAL) Westchester, Pa 19380 (SEAL) . _ ..-(SEAL)