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HomeMy WebLinkAbout1972 ~o ~iAUe and to Mold the same, tagefhe? with the tenements, heredifamenfs and appu?fs- nances thereto belonging, and the rents, issues and profits thereof, unto the mortgagee, to fee ample. the mortgagor rnvena?ifs with the mortgagee lhnt the mortgagor is indefeasibly seised of said land in fee simple: thnt the mortgagor has good right and lawful authority to convey said land as njon- said: that the mortgagor will matte such further assurances to perfect the fee simple tttb to said land in the mortgagee as may reasonably be required: that the mortgagor hereby fully wa?rants the tills to said Land and will defend the same against the lawful claims of all persons whomsoever: and that said land is free and clear of all encumbrances EXCEPT TAXES ACCRUING SUBSEQUENT TO DECEMBER 31 1979. I ~COUtded ~IWiUJSr that tj said mortgagor shall pay unto said mortgagee the certain promis- sory note hereinafter substantially rnpied or identified, to-wit: PROtNISSORY NOTE 1 2.700.00 Mai 15 , 19 80 FOR VALUE RECEIVED, the ur+derstgned jointly and severally promise to pay ro Kenneth Earned and Bernice Earned, his wife ororder, d 2319 Fieldingwood Road, Maitland, Florida a at wch other plan a the holden of this note may designate In writirp, the principal wm of TWO THOUSAND SEVEN HUNDRED AND NO/100 DOLLARS (f 2 700.00 )together with interest thereon from ate unti poi in u on t wm remaining unpoia tom time to time at the rote of 0 r cent ~ ( 0 per annum, laid princippaol and interest being due and payable as fo ows: ! ~ Due on or be~or May 15, 1981. If default should occur then Note shall bear highest legal rate from date hereof to satisfaction. Maker shall pay for stamps and recording of mortgage herewith and Attorney's fees. I F a The makers reserve the right amd option of prepaying this note in whole or in port at any time, without • notice and without penoly. If default be mods in the payment of any sum due under this note, and if such default is not mode good within 0 days, tM entire principal balance and all xcrued interest shall of once become due pay a of t e option of tie holden of this note. Failure to exercise wch option shall not constitute o waiver of the right to exercise the same for the same default at a later time or for any wbsequent default. All makers and endorsers now or hereafter becoming parties hereto jointly wind severally waive demand, presentment, notice of non-payment and protest, wind agree that if this note becomes in default and is placed in the hands of on attorney for collection, to goy reasonable attorney': fees and all other costs for making wch collection. ~ ~ (SEAL) (SEAL) s, ~ Bi:~x 332 P~f 1965