HomeMy WebLinkAbout1218 )0 ~t ~ ~ the same, together with lhsr •tiw/n~rats, htec~t(tnlsnts and appurte-
nances (hereto 6elorrging. and the rents, lasues and pro/its thereof, unto the mortgagee, In fee simple.
the mortgagor covenants with the mortgagee that the mortgagor b lade/vati6ly seized of said
land in lee simple; that the mortgagor hat good right and Iawlul authority to convey said land as ajore-
aatd: drat the mortgagor will matte riuch further assuroncet to perfect the jet simple title to laid land in the
mortgagee as may reasona6[y be required: that the mortgagor heroby jullr wamsntt the titb to said Land
and will d%nd the same against the law/ul claims of all persons whomsoever: rnd that told land to jrte
and clear o/ all ancum6r+ances except taxes accruing subsequent to
December 31, 1979.
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~ ~COII~R ~UIUiUf S, drat i/ said mortgagor /Aa~a~retil[A~ ~t+r+o~~« tht prttn t~y-
Corp molt he?einajter subatantiaUy copied or idtntljted, ~to-idle . ~ ~~+~^+.•1~ - -
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s 5, 000.00._------._ Vernon-. Connecticut June___-_-._25th 1980--•~~
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' • ~or ~Mlue ~teettllta d1e undersigned joitMly and severally promise: to pay to the order .
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the principal sutra ofF.IX~.~I~QUS.ATIR..,(1I`I1?..NO1.BUR-----.--......_.....Dollars (i.~s.UQQw~Q._..._....~,
~J ~ together wish interest thereon from date at the rate of._«i2$ ......................per cent. per atrium until mMtxity,
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. said ntterest being Payable monthly on the._..« ......................•----.day of each end .very month both principal
and interest being payable in lawful money of the United States at_~7.~a...GR3tL7.i1...Qr.7.Y~------«.......---•-•..
Port _ St ~-«Luc ie--s ..«.....----------------..«......._.._«._.._...---.......-•------------.......«.........«Florida, .r
_ ' or st twch other plan ss the holder hereof may designate in writing. Principal end interest paysbM in iraiaN~
mess of SEE BELO~?l _ DoNars. ! ---------I
~ J: each on the,4..........«.day of each end every month, beginrtitg on the .~.......«.«..«.d.y of
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19t......., and coetirwing uNil said principal and interest haw been paid. Each instagmertt paymeN shed be ~ .
Credited first oa the interest then dw; and the rema,nder on prtnapal; and interest shah thereupon cease upon ~
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~ ~ the pincipal so credited.
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s Makers reserve the right to prepay all or any portion of the within
indebtedness at any time without penalty. Notwithstanding anything
contained to the contrary, interest only shall be payable quarterly for x;*y
~ the first year ensuing the date of the signing hereof. A principal z,.
'-s paytrent of $2,500.00 shall be due and payable one year from the date
hereof and thereafter interest only shall be payable quarterly, the z~i
full balance of principal and accumulated interest being due and
;~_i payable within two (2} years from the date hereof . a~,
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Each maker and endorser sereraMy waives demand, protest and notice of rr?aturity, rwn-payment a protest and aN re• ~r
= f quinmartfs necezsary to hold each d them liable as makers and endorsers. ~ ~j~,~
Each maker and endorser further agrees, jointly and sareraNy, to pay ant costs d collection, inckidirq • reasonable attar tdi . '
rwy s fee in cese the principal d this not. a any payment on the principal pr any inerest thereon is not paid at d» respediw y
~ arNutity thereof, or in case it becomK necessary fo prohd Ilre security tiered, whether wit b• brought a nd. 7TGn
i ' This note and deferred interest payments shah bear interest at the rated 12 fl t~ cerrt• p« annum hour arapwify
writ paid
' This note is secured by • First mortgage d ewn date herewith and is to be constrwd and enforced acoordwrg b tlra laws x
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- ~ d the State d Florida; upon def.uk in the payment d principal and 10. interest when dw, the while srrm d principal and \,.i
€ ~ interest rerrrairring unpaid shah, of dre option d dre holder, became immediately dw end payable.
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' Witnesses: _ /
, .l_s. l~8ii~tain:~`:: .lSeaq ~Ly
Doro~~fiy G~ Mountain Xt.+
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