HomeMy WebLinkAbout0834 ~ ~ lh• ,.rw.. eopetkw with th• tenan•nb. lurdtern.na end epptuf•-
nanni thereto 6•lotwtne, and Ils• t~,nh, t„u« and pro/tb Ih.no~. onto elf. Ino.eo.o... to ,t,Rpb.
th• ttaoMpaQo? cownanh with tlt• ewrfQap« that th• n+o?toeoo? V tndi/...cbtr ,.tsd o/ ,.Id
land in r« ,ftnpl.: that th• mort~aQot* h., ~oo~d t*[eht end tawjo[ sutho~itr to contyr ,.td lend at a/oh-
.ofd: that the mortgapot* well malt. ,uch /father o„ur+anc•, to per/act tlt• ,impl• title to ,aid tend en the
tytortpag,e o, star na.onabir b• required: that the mortOapor het~rbr /ally wen+enb flee feel. to ,aid I.nd
and will defend the aatn• apatn,t the law/t<i claim, o/ aU persona whont,o•i~es; end Chet ,aid land 1. /rw
end clear o/ ell encumbrortca except those taxes accruing subsequent to December 31 ,
1979.
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~sa that t/ ,aid mortgagor ,hall pay unto ,aid mortgagee the certain protnfa-
sory note he?einaleer subatantia[Ir copied or identi/fed, to-wif:
M OR7GAGE NOTE RAMCO rORM 3~
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: 4,000.00 Ft. Lauderdale • Florida ~
September 22 • 19 80
FOR VALUE RECEl1'ED, the undersigned, {jointly and severally, it more than one) promius to pay to
WALTER F. REA and FRIEDA REA, his wife
- , or order, in the manner hereinafter specified, s
the principal sum of FOUR THOUSAND DOLLARS AND NO/100--------=--- /l00 DOLLARS }
4,000.00 )with intersst from date at the rate of 12 per cent. per annum on the balance from time to time remaining unpaid.
The said principal and interest shall be payable in Iswful money of the Ltnitcd States of America at 5725 N .W . 14th Court
Lauderdale, FL or at such place as may hcri•alter be drs;gnated by written notice from the bolder to the maker hereof, on
the date and in the manne3r~~~3ing:
Payable in Sixty (60) consecutive monthly installments of 588.98 beginning !
November 3, 1980 and each month thereafter until said principal and
interest due thereon are fully paid. Y
THE MAKERS RESERVE THE RIGHT OF PREPAYMENT AT ANY TIME WITHOUT PENALTY.
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This note with interest is secured by a mortgage on real estate, of even date herewith. made by the maker hereof in favor of the aid
payee, and shall be construed and enforced according to the taws of the State of Fbrida.
It default be made in the payment of any o! the sums or interest mentioned herein or in said mortgage, or in the performance of
any oI the agreements contained herein or in said mortgage, then the entire principal sum and accrued interest shat! at the option of the
holder hereof become at once due and collectible without notice, time being of the essence; and said principal sum and accrued interest
shall both bear interest from such time until paid at the highest rate albwable under the laws of the State of Florida. Failure to exercise
this option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, noticef notice of protest and notice of dir
honor and agrees to pay ail costs, including a reasonable attorney's fee, whether suit be brought or not, it, after maturity of this note or default
hcreundu, or undu said mortgage. counsel shall be empbyed to colkct this note or to protect the security of said mortgage.
Whenever used herein the terms "holder", "mater" and "payee" shall be construed in the singular or plural as the content snag
require or admit. SEAL)
Makers Addreu 1s/ ~,~I• .•L~~t~t MCKiPINON
1~1It~IIiM~-MCKINNON
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/slg~11I MC1C[~nUn~1 ...........................................................tsEAL)
2106 Coral Shores Drive, •_Ft ..lauderdal•e--_. - ~ . (sEAL~
- ~l --~-~3b6......... 8U~ ~~6f
• •--............................(SEAL)