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HomeMy WebLinkAbout2870 ~ _ ,r_ ~Q ~A~?~ ~ ~ 7W~ the same, together wlfh the tentmenta.' hereditaments and nppurte- . nances Thereto belonging, and the rents, issues and profits thereof. unto Ihs mortgagee, in fee almp the mortgagor covenants with the mortgagee that the mortgagor is indt/easibly seized of said land in fee simple: that the mortgagor has good right and lawful authority to convey said lord as of ore- said: that the mortgagor will make such further assurances to perfect the fee simple title to said land to the mortgagee as may ?emonably be required: that the mortgagor hereby fully wananb the tttb fo satd land and will defend the same against the lawful claims of all persons whomsoever: and that said land is f rse and clear of al! encumbrances ~rouided 2UJS, that if said mortgagor ahnll pay unto said mortgagee the certain promis- sory note hereina/ter substantially copied or identi f ted, to-wit: ~,055.OQ Fnrt Pi prcg~ Flo da Mav., 7 I9$Q_ ~ FOR VALUE RECEIVED, the undersigned, jointly and severally, promise to pay to the order of 7?t~nis~ [`la.~a~ren ~,.~to an tdivided ~~75ss7~~interest, Rniaddld Qst~~c~xet,~_ to a1 undivided 15% interest and Mtaray ~c o Daniel~l.a ~ 4 1Ma~lolia~atie, - Woo~ury, New York 1.1797 the principal sum of 'i'h^~~~d ~Z~ a"~i "n f l (lO""" DOLLARS, with interest at the rate of 10 per cent per annum from date until paid, in installments as follows: - Five (S) equal annual installments of Ten Thousand Eleven and no/100 Dollars ($10,011.00) each, plus interest on the unpaid principal balance , cotffi?encing on the 7th day of May , 1981, and each May 7th thereafter until the whole•be fully paid. i e 1f. any installment be not promptly paid within days next after the same be- i comes due, then. at the option of the holder hereof, the full amount remaining due upon - this note shall thereupon become due and payable at once,• together with all other indebt- rdness stipulated in this note and in the mortgage given to secure the same. F The makers and endorsers of this note farther agree to waive notice of non-payment, protest and demand for payment, and in case suit shall be brought for the collection Y hereof or the same shall be collected upon demand of an attorney, to pay all expenses e • of such collection. including a reasonable attorney's fee thereon. 5 s ~1 Y-- c3EAL) me c o on _ _ (SEAL) f (SEAL) t - i BQnK c~c~V Pa~E~~+. v (SEAL) ~