HomeMy WebLinkAbout2418 al.- -
.
~0 tnAYt ~ W the same, together with the tertements. heredttnments and appurte-
nancesjf~?,tero~to bebnging. and the rents. issues and pro~ils fhereo~. unto the mortgagee, to ~N simple.
Til11t< tft• mortgagor c~ouenantt with the mortgagee t~wt eke mortgagor b tnde%asibly adzed of sold r
land in fee simple: Ihat the mortgagor has good right and law~ul authority to oontrey said land as a(oro-
said; that the mortgagor wiU matte such /archer asawnncw to perfect the ~N sfntple tine to saki 1ar?d to the
mortgagee as may reasonably be roqulrod: that -the mortgagor herby f
uUy warrants the title to sold fond
and wit! dsjend the same against the bwJu! claims of aU persoru whorttsoewr: and that said land is frw
and clear o/ aU encumbntnces except taxes accruing subsequent to December 31,
1979.
This mortgage cannot be transferred, assumed or assigned
without first obtaining the written consent of mortg8gee herein.
Any attempted assignment, transfer or assumption of this mortgage
without the prior written consent of mortgagee shall allow and
permit the mortgagee herein, at her option, to accelerate the
unpaid balance and call for full satisfaction.
A default by the mortgagors on the first mortgage shall be
a default in the second mortgage. '
~unys, that i( said mortgagor ahaU pay unto sold mortgagee the cereain pramta-
sory note heretnnfter substantially rnpied or identified, to-wit:
--~~yl, .
,
it p~_. }c =
~ tt , a ' c r;f iF•~t'~ Rli, `~t~•~ j * ~ `'t ,~F tia 4,~Y ~ f ~v •z'{ ' ~j by lN:: i
S - {`f 3 •t' ~ ~Vrl; ~f~tOei FI¢rir~al,' ~MSb 5• ~9~' . y,i
For value received, I, wee: or either of us,~ Atomise' to p1ty, 'wit~iouY defalcation, to the order of
_ Rubi G Jackson and/or Bett}~, L~ ell'
et 1124 Jasmine Avenue in Fort ~ -
Forty-five Thousand and ~00/100------------- DOLLARS
?fierce, Florida, the sum of
v~ith interest from date at the rate of 12 % per annum, in monthly instalments as follows,
S 495.49 _ on the 5th day of June , fg80 and a like sum
on the corresponding day of each like succeeding period thereafter until the whole he fully paid.
Esch irtatalmant fiat shall be applied in paYmeat of the interest and then on fibs unpaid balance of the principal swn. If default is made ,
~n the payment of any instalment when due,~4F~ert at the opt"tan of the holder, and without arty other notice, all the remaining instalments. ~
` s!ull be due and payabk at once. Privilege is given to pay two or more instalments st any &tstalment mahrrity date, bui this sFiall not ex-
rend the rime of maturity of any subsequent instalment. ~Ivither forbesranoe, nor acceptance by the holder hereof after arty defwh in any
payment hereon, shall be deemed extension.
Each maker, surety end endorser hereof, ioinily and severally, waives. demand, presentrnertt, protest and noYtcs of protest for rtort~pay-
ment, and further agrees to any extension of time of payment, either before or offal maturity, without notice to any of us; and to psy all
costs of collection, including a resonable attorney's fee in 1M event of any default hereunder, and hereby severally waives all benefit of
homestead and exemption under the constitution and laws of each state of the United states, as p+imt this obligation a any extension
cr renewal hereof. ~ -
VVitness the hand and seal of each party- - -
This note may be prepaid -
at any time without penalty. ~ - -
~
1 -
(
- - -
- 1i~~~tf'~~sEAI)
ha , les'~ R.. Gehrke
I
fi and such default continues . s- ,E-~
for 30- days, ~ Cyn a::. -
i
1 -
F
S
g~
K
-
i
. 4 r' ~ PAGE~~O~
r
t