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HomeMy WebLinkAbout2755 • - - t s+s'; Ij ~0 11fWe ~ W TW~ the aams, together with the tenements, . hsrwlifamsMs and appurfs- nancea (hereto belonging, and the rents. issues and profits thereof, unto the mortgagee, to jee simple. the mortgagor covenants with the mortgagee that the mortgagor u tndejewtbly seised of said (and in jee simple; that the mortgagor has good right and lawful authority to contuey said.land as afore- said; flint the mortgagor will make such further assurances to perfect the jee simple title to said Land in the mortgagee as may reasonably 6e required: that the mortgagor hereby fully watrnrtb the title to said land and will defend the same against the lawful claims of all persons whomswver: and that said Land is J?ee and clear of alI encumbrance. , except taxes accruing subsequent to December 31, 1979 . ~UlU~lk ~IU~UJS, that iJ said mortgagor shall pay unto said mortgagee the certain promis- sory note hereinafter aubstnntially copied or tdentIJied, to-wit: MORTGAGE NOTE RAMCO FORM 6,500.00 Stuart , Fbrida April 24 19 80 FOR VALUE RECEIVED, the undersigned, (joiatlr and aevuallr, if more than one) promise. to par to 'ROBERT OSCAR ESCHE 1* THERESA ESCHE, his Wife or order, in the meaner hereina[ter specified, the principal ante of SIR THOUSAND FIVE HUNDRED AND NO/100--------------------------- 7100 DbLLARS (i 6 , 500.00 )with interest [rom date at the rate of Ten pu cent. per .room oo the balance tram time to time remaining unpaid. 7274 W. Potomac Ave. ' The acid principal and interest .hall be parable is lawful money of the United Sata o[ Amelia at Milwaukee, Wis. S321t9r at such plan as mar hereafter be designated by written notice troth the bolder to the make bereot, on the date and in the mantxr folbwing: Payable in Ten semi-annual payments of $650.00, plus , interest due thereon. The first semi-annual payment is due October 21, 1980 and the final payment due April 21, 1985. ' The makers reserve the right of prepayment at any time without penalty. i f l I i f i i i S ~ Thu note with interest is secured br a mortgage oa real state. of even date herewith, made by the maker hereof in favor of the said payee, and shall be construed and enforced according to the laws of the State of Fbrids_ i If default be made in the payment of am of the sums or intuat mentioned herein or is .aid mortgage, or in the performance of any o[ the agreemenu ooatained herein or in said mortgage, then the entire principal sum and acaued interest shall at the option o[ the holder hettiof become at once due and w0e4ubk without notice, time beiuntgg of the essence; and said prituipal sum and .cooed interest s shall both bear interest from such time until paid at the highest rate albwable under the laws of tbs State of Fbrida. Failure W exercise this option shall not constitute a waiver o[ the right to exercise the name in the event of am subsequent default. Each person liable hereon whether makes or endorser, huebr waives presentment, protest, notice notice of protest sad twtice of dir honor and agrees to par all costs, including a reasonable attornty'a fee, whethu suit be brought or not, it+, aftu matuntr of this note or default hereunder, or under said mortgage, oounael shall be empbred to collect this twee or to protect the security of said mortgage. Whenever used hueia the term. "holdu", °maker" and "payee" ~6all be construed in the singular or plwal as the context mar require or admit. Maker•a Addreu /s/--EARL W. RUSSELL .........................................•--......(SEAL) Earl W. Russell a - / sL...,SEAN...G...BllSSELL......--•-•---•--• ...................................._.(SEAL) 1877 N.W. Palmetto Terrace Jean C. Russell ---.....Ststart,...Fl,a......----..33/x94 - -.........---...........-•-•--•------•--•--........---..........(SEAL) b~33Q P,~~'T~4• .........................................•----.............-•----.....................................(SEAL) s - ~ ~