HomeMy WebLinkAbout2050 i
30 ~iaue and to Mold the some, t«leiher with the tenements. Itere~lifumenfs~ a?td appurle- }
1 1 projils thereof, unto Ilte mortgagee, in fee simple.
r?ances themto h?~ on~tinp, a?u the rents, issues and ~ ~i
end the mortgagor covenants with the mortgagee that the mortgagor is indejea:ibly seized o/ said ~ i
land in fee simple: that the mortgagor has good right and lawful authority to rnnvey said la?td as afore-
said: that the mortgagor will make such further assurances to perfect the fee simple title to said land to the
mortgagee as mny reasonably 6e required; that the mortgagor hereby fully warrants the title to said land
anri ?vill defend the some agninst the lawful claims of all persons whomsoever: and that said land is free
grid clear of all enct?mbronces , except taxes accruing subsequent to December 31, 1979.
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~rouided ~tways, that ij said mortgagor shall pay unto said mortgagee the certnin promis-
j sory note hereinafter substantially copied or identified, to-wit:
MORTGAGE NOTE RAMCO FORM t~
• Cleveland Heights, xOhio
13,000.00 April 14th ;g~~
FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to
DAVID D. BROWNING ~ MARGARET M. BROWNING, his wife
or order, is the manner htxeinafter speed,
the principal sum of THREE THOUSAND AND NO/100---------------------------------------/100 DOLLARS
(i 3,000.00 ) interest from date at the rate of TwelVepcr cent. per annum on the balance from time to time remaiaina•uppaid.
The said principal and interest shall be payable in lawful money of We United States of America at p,0, Box 3834 t
Ft . Pierce, Fl 33450 or at such place as may hereafter be designated by written notice from the holder to the maker hereof, on f
the date and in the manner folbwing: f
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Payable in Thirty Six (36) consecutive monthly
installments of $99.65 including principal-.and
interest. First payment due May 18, 1980 and
monthly thereafter until said principal and ~
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interest due thereon are fully paid. '
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The makers reserve the right of prepayment at any
time without penalty.
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This note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker hereof in favor of the said
payee, and shall be conutrued and enforced according to the laws of the State of Fbrida.
If default be made in the payment of any of the :tiros or interest mentioned herein or in uid mortgage, or in the performance of
any of the agreements contained herein or in said mortgage, then the entire principal sum and accrued interrst shall at the option of the ~
holder hereof become at once due and colkctibk without notice, time being of the usence; and said principal sum and accrued interest
shall both bear interest from such time until paid at the highest rate slbwabk under the laws o[ the State of Fbrida. Failure to a:excise
this option shall not t:onstitute a waiver of the right to exercise the same is the event of any subsequent default.
Each person liable hereon whether maker or endorser, hueby waives presentment, protest, notice notice of protest and notice of dis-
honor and agrees to pay all costs, including a reasonable attorneys fee, whether suit be brought or not, ij, after maturity of this note or default
hereunder, or under said mortgage, counsel shall be empbyed to collect this note or to protect the security of uid. mortgage. ~
j Whenever used herein the terms "holder", "maker" and "payee" shall be construed is the singular or plural u the Conte:t may
require or admit.
Makers Address /s/ JANE N. LENNON .-....(SEAL)
~ ~A p Jane N. Lennon
d00it•,~ PaGEI.rV`~V /s/..DOUGLAS..D..•.FABLING .........................................•-----.....(SEAL) - s
2193 Edgewood Douglas D. Farling
.C1eYeland..Heigh~s,...Ohio..........44118------------------------------- ......------------...................-----.....------.........--------------•--------...-----:....-.-.(sE~L)
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` .-...(SEAL) i
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