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HomeMy WebLinkAbout0394 . ~ _ - }j ~ TW~ the same, together with the tenements. hereditaments and appurte- nances thereto belongi?rg. and the rents. issues and projtfs Iheeoj, unto fhs mortgagee. to jes simple. 1R11t{ the mortgagor covenants with the mortgagee that the mortgagor b indejewib~y seized of said land to fee simple; that the mortgagor has good right and lawful authority to rnnvey sold land as ajoro- ` said; that the mortgagor will make such juNher assu?a?ices to perj'ct the fee simple trlb to raid land in the mortgagee as may r+easonalily lie ?eyuired; that the mortgagor hereby /ally warranb the title to said land and u•tll defend the same against the law/ul claims of all persons wliomsoaaer;-and that said land is /?ee and clear o/ all encumbrances - ~ , ~tloutded ~lU~UJS, that ~ ij said mart or shall gag pay unto said mortgagee the certain promb- ~ sory note he?einajter substantially copied or fdenfijied, to-wit: i . ~ 4 , 000.00 October 1, 18 80 ~ . For value received. I or ~~e Margaret L. Klein . Promise to pay to the order of Four Thousand and no/100 the prine~al sum of I)blian, 4,000.00 ten (10) together vrith interest thereon Qom date at the raft of per cent per annum until maturity, said principal and interest being payable as follows: In the amount of $183.08 payable quarterly, with the first such payment due and payable on or before January 1, 1981 and a like amount due and payable quarterly thereafter, with the last such payment due and payable ~n or be- fore October 1, 1988. This nDte may be prepaid in wtlole or in part without penalty. Each maker and endorser severally waives demand, protest and notice of maturity, non-payment or protest and all require- ments necessary to hold each of them liable as makers and emlorsers~~ ~ s The maker egrets that ii any installment becomes delinqucnt/4!~e hakier •h the d~tion to demand payment of the t+rhole unpaid balance. - Each maker and endorser further agrees jointly and aeverallp to pay all cosh of collection. inelndina a reasonable Attorney's ire in eas; the pr~.ncipd of this note or any payment on the principal or say interest thereon is not paid at the respective maturity thereo:, or in ease it becomes necessary to protect the aeenritr hereof. whether sni: be bronglit or not Thin note and deferred interest payments shat! bear interest at the rate of ....10 per cent per annum lrom maturity until Paid. - first - This note is secured bra mortgage of even date heseaith and is to be oonsttned and enforced according to the lavra of the State of Florida; upon default in the payment and/or interest due on am note secured by said mortsage, a notss so secured and remaining unpaid ahail forthwith become due and Payable notrrithatanding their tenor. ict,.I~K..Fioster- ~s,,l ................_..........($EAL) • Robert McK. Foster asTrustee 1u1dPr ~..~e4!~~li~.~.'>wtlst.~cee-...(SEAL) - ~ment and Pursuant to Section 689.071, - Florida Statutes. _ 8341 PEE 394 - _ ~ _ Y.~.~~a~-~- -