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HomeMy WebLinkAbout0041 - I i i ~ 30 due and to Mold the same, together with the tenements. heredtfamenfs and appurfe- rtances ihe?eio belonging, and the rents, issues and profits thereof. unto the mortgagee. in fee simple. the mortgagor couenanls with eke mortgagee that the mortgagor is tndejewibly seized o/ said j land in Jee simple: that the mortgagor has good right and law/ul authority to cont,ey said land as afore- said; that the mortgagor will make such juHher assur+anoes to per/ect the fee simple title to said land in the - mortgagee as may reasonably be required; that the mortgagor hereby (ally warrants the title to said land and tUill delend the same against the lawjul claims o/ all persons whomsoever; and that said Land u /ree and clear of all encumbrances e~aoept t2uaes aG"G2tilnq guh9eC~nt to De~ttber 31, 1979. ti - t + .J~ ~1,.. V111C{l ~r~S, that i( said mortgagor shall pay unto said moHgagee the c.Hain prom4- sory note hereinafter substantially copied or identified, to-wit: Me.yy. /sire. t1t. ter Mdb r ~r IruiM~Y.yMw i~drMn . 1V~ortga~t Not4 F,oid. + s 6, 635.81....... ort...Pierce....... ................June....~~.........:...........i9.$~. foR VAIIIE RECEIVED the undertignad proetiwt to a»y !0 1M order d (1 PAUL .D KENNON and _PHYLLiS__.A.._-_.RENNON. his wife, (l - r._...................................................................-................................ rF» pnncipat sum oI.SIXMTHOUSAND ._S~X...H.[j~1.~..I~.:~?.._`,['.1~~Ra.'.X.-l:'~V_F...:1~1]~. 81100---------------.Dollars LL ro9elher with irtterast thereon at lets rala d.._.~~:2__....»..p.r prN par .nnwn from... da~E...~~r ~Df unr~l ms~turify, both principal end in/arast bainD payable in Lawhrl Mon.y d 1M llniNd Sestet, tud? principal sum and irdarest payable in inslsfbrwNS u folbws: The sum of $145.94, principal and interest, on the 27th day of July, 1980; 1 and the sum of $145.94, principal and interest, on the 27th day of each ~ consecutive month thereafter until paid in full. - I° , i! + _ fi ! a r'~ t ~ ° i ~ i !j Such installment payments shall ba applied fast to the wMarast acauing under the tarmf d this note and then to a redud'an d 1M prinrapal indabtadns s. The makers and endorsers of this note furlFw agree to wsiw demand, notice dnon-payment and prolatt, and M the want toil shall ba brought for the collectron Aered, or the ssnw has to ba colledad upon demand d an aHornay, b parr reasonaWa aMornay's tans for making sucA tdtadion. /1H paymantt harr under shat( bear interest at the rah d ..................partent pM annum kom srahrity until paid. ~ltit note is tatttnd by a mortgage of wan data herewith and is ro t» construed and anfaoad •ccording to the bws d th.-Stela of florida; upon dofwN in rho paYm«N d principal and~or iM.ral when dw. tlw~ whoio wm d a~nupal and interest reretainittg unpsid shall, at tba opion d tM holders, patoa» iawaadiaNly dw and payable. Failtre to attiareisa this option shah not oonstitula a wares, d the right to arta/cisa 1M seats in IM want d wbtagwM daiautt. - t' ~ date hereof. Right of prepayment un whoN or to part yrantaa wttt?out penalty is S i~ /s/ Michael G. Altermatt ~ayatrla al. ....._..........................---.........................................----..................---.................SEAM ~ _ 1..~1.~5.~~.~a_~.,....~1~.~~acma~~........................_...........................tsEAu w such o/Mr place of tltal! ba ••....ISEI?M - despnaled by the holder d this wota w writiy. ............................................................................................(SEAM 8334 P~ 41 ~ I