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~0 ggwVt ~ W 7W~ the same, fogelher w!!h the fenemsnfr, hered[ta.~tenta and appurfe-
rtancea Iherefo belon in ,and the rents issues nn
g 9 d projils fhereoj. unto the mortgogee, to fee simple.
~n~ the mortgagor covenants with the mortgagee that the mortgagor is indejeasi6ly seited of said
fond in /ee simple: that the mortgagor has good right and lawful authority to convey said load w ajore-
satd; that the mortgagor will make such further assuroneea fo perfect the jet simple tlfb fo said land in the
mortgagee as may reasonably 6e required; that the mo?tgago? hereby fully warrants the ttfb to said fond
and will defend the same ngainat the .lawful claims of all persona whomsoever; and that said land !a jrw
and clear of all encumbrances except taxes accruing subsequent to December
31, 1979.
V~ ~~Sr that i/ :std mortgagor shall pay unto said mortgagee the certain prom4-
sory note hereinafter subsfantinlly copied or identified, to-wit:
MORTGAGE NOTE RAMCO iORM S~
Lyndhurst, N. J. 07071
=3,000.00
October 10 t9g0
FOR <rALI,'E kECEl~'ED, the undersigned, (jointly and sesrrally, i[ mote than one) promises to pay to
WILLIAM B. SCHUBERT
, or order, in the manner hereinafter specired,
the principal sum of THREE THOUSAND AND NO~100---------------------------- /100 DOLLARS
3 , QQQ ~ QQ) with interest from date at the rate of 11 per cent. per annum on the balance from time to time remaining unpaid.
Thc said principal and interest shall be payable in lawful money o[ the United States of America at5421'N, Last River Road, Apt.
1.211, Chicago; Ill. 60656 or at such place as may hcrraiter be designated by written rwtice [rum the holder to the maker herew, un
~hc date and in the manner following:
Payable in Sixty (60) consecutive installments of
$65.23, beginning November 6, 1980 and monthly
~ thereafter until said principal and any interest
~ due thereon are paid in full.
THE MAKERS RESERVE THE RIGHT TO PREPAY AT ANYTIME
~ WITHOUT PENALTY.
I
.
t
This note with irtcrest is xcured by a mortgage or, real estate, of turn daft hrrrwith. made by the mal.er herco( in favor n( the said
t ; ogee, and shall bt construed and enforced according to the laws o[ the Sute o[ Florida.
I[ default be made in the payment of any o[ the sums or interest mentioned hrrcin or in said mortgage, or in the pc-rfor:nance o[
any o[ the agreements contained herein or in said mortgage, then the entire principal sum and accturd interest shall at the option of the
holder hereof become at onct due and collectible without rwtict, time being o[ the essence; and said principal sum :+nd accrued imncst
shall both liar interest [rum such time until paid at the highest rate allowable under the lases o[ the State o[ Fbrida. Failure to exercise
thit option shall not constitute a wailer n[ the right to cxctnst the same in the cscnt o[ and subxaucnt default.
i
Each p.rson liable hereon whether rnal.er or endorser, hereby waives pu-srntment, protrst, entice, notir-t o[ pro:nt and notice e[ dis-
'.r.nnr and agrees to pay all costs, incinding a r.•awnable attorney s fee, whrthcr suit I.r hro:.~ht or riot, i[, after r.:aturity of this note or default
l.rrcunder, or under lard .nortgagt, counsel s}.all be eml,lu}ed to coAcet this note ur to hmtcct the xcurity o[ srid n,ort.age.
H henever ~rsed herein the terms "holder", "n,a4cr" and "pa}fee" shall lse construed in the singular or plural as the context may
rryuire or admit.
Maker's Addreu /s/...t20ROTHY..D'.ONOFRIO. . -.-(SF,AL)
217 Lake Ave. Dorothy D'Onofrio
Lyndhurst, N. J. 07071 _ . _ _ ----(SEAL)
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80011 PAGE
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