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HomeMy WebLinkAbout1236 _t - I , ~'o due end to hold the same, together with the tenements, h.redifaments and ~appurfe- II trances thereto belonging, acrd the rents. Issues and profits thereof, untpilhe mortgages. to fee simple. the mortgagor couenanls with the mortgagee that the mortgagor is tndef ewibly seized of said land in f ec• simple; Ihat the mortgagor has good right and lawf uI authority to convey sold bnd as afore- said; that the mortgagor will mnke such further assurances to perfect the fee simple title to said bnd to the ' mortgages as may reasonably be required: that the mortgagor hereby fully warrants the title to sold bnd and will defend the same against the bwjul chime of all persons whomsoever; and that sold bnd is free and clear of all encumbrances except taxes aceruin~ subsequent to ' December 31, 1979. I i i ~ ~5, that if said mortgagor shall pay unto said mortgagee the cweatn promis- sory note heretnnf ter substantially copied qL~,.,~o-w+f ~ _ - - - - rw~MM1 n.w Mr~~ew rwMV r ry,sr, hw~rw-wrur ~drMM-rw N~t~sMr~l, ?y« a r.+w~~r~r~i ~'"3.7':•:~FL•.~~..Ls _ ,=~Fi,1i.~t ~i..L~I.•L'i..L:r~.. ii."~`':'~~. f •L ~~)a~.1• .I~~:1 '+t 1 ~t ~+V~~J ,r' ~•~X - r.. ;a;~ ,000.00 San__Jose,r_»California, ,~ug~st___/~______~», l~~_____ '•.~rt•~ - ; ~O>r ~ttjllt' ~Zt'tMbea the undersigned jointly and severally promises to pay to the order ~ - o~si8r~._L~..lldnsfi.ead...atui..LanuiA..R.._.MansSi~ld;--liis._xifA. the principal sum dCum ..Thnus~and..;3utid.:t]s~1lQQ---.--:----.-------...Dollars (i2..D.QB...QO..._ j I'* ' 'i together wdh interest thereon from date at the r~e ZV~~ ...........................per cent. per snrtum until maltsrrty, , .r ! said interest being payable monthly on thel5th .........................day of each and every month both prittcipsl ~ and interest being payable in lawful money of the United Slates a1R.R.l.1..._I3s~t:..188* ~~.tip.AZ.....~~ix4..4~5.7.~------------------------------------------•-•-----...--------..._........_............._......»-•-----------~~. y ;r' or at such other place as the holder hereof may designste in writing. Prinapal and interest payable in irtstaN- ~ menu of Fs~xxy.-f211!~..,~id..D.4~10~.-_--.-.----- ..........................»_...~.,.-.-dollars (~1...OA..........) :.x ~adt on thi5exh...._--.day of eseh and every month, beginning on thel5.th......:..-.day ofi4~~Il~l~......, 1~.»..., and codirwirsg until said printipal and idereet have been paid. Each irrstaNrnuM peywterrl shed bu 1 credded First on the interest then dw; and the remainder on principal; and irslerest shah thereupon case upon ~.slre• the printipal w audited. t~ The privilege is reserved unto the makers to prepay all or any portion of the within indebtedness at any time without penalty. ~ i ~ 'i..t:' . ~ ~ +I' ~ • k~ s r _ s L_'' l ~ ' / Each maker and endorser severally waives demand, protest and notice of rr?aturity, rson•payment a protest and aN ra- . ' quirements necessary to hold each of them liable as makers and endorsers. j• r'~ ~ Each maker and endorser further agrees, jointly and severally, Io pay aN costs d cdledion, including a reasonabla aMor• n.y s fee in case the principal of this rate a any psyment on the principal.a any interest thereon is not paid at Ilre respediw j maturity thereof, or in case it becomes neussary to profad tFra security hereof, whether wit ba.broughl or not. This note and deferred interest paynrenfs shall bear interest st the rBe 4f~2$ per tent. per arwnrre hurry maturity until paid. _j This rare is secured by a first mortgage of even date herewith and is to be construed and enlwced acoad'ing b the laws of tits Slats of Florida: upon defauh in the payment of principal andlor interest when dw, lire while swa of principal sub • i interest rerr?~inin9 unpaid shall, at the option of ties holdeccr~~b~ceccco~~nse immediate) dw and payable. . ~ is '~:•..We tat:'