HomeMy WebLinkAbout0105~~
~ ~o ~iaue and to ~iotd I~~e same, fogefhe~ with !he tensm~nN.~ l~e-edilamsnb and appu-tr
~~nnces IIIPMfo ~~P~onnin~~, nn~~ f~~e renfs, issu~s anc~ prolils ihereoj, unlo fhe mortgages, in lse simp~e.
~l~Il Il~e mortgagor t~ovenanfs wifl~ ttie mo~lgagee Itiaf fhe mortgagor Is lnde~~,i6ly seizec~ of aaic~
Ian~I in Jee simple: Ihat I-~e mo~tgapor has good rigl~t and lawjul autho~ly 1o convay satd land as ajore-
sai~: ~ha~ ~hp morf{~apor u~ill make such f u~l{~er assumnces to pe-~pcf !tie ~ee ~imple fttle to soicl Iand in the
morf{~~g~e as m~y reasona6ly 6e requi-ed: Ihut the mortgagor he.~by ~ully war-ants fhe tille to said Iand
nn~r u~ill <le(end fl~e snme apainst f1~e lawJul claims o( all penons whomsoever; und that snid land Is jree
and rl.~ar oJ all BIlCUM6MIICPJ
~~V~~~ ~~~ys~ fha! !f iate~ mo-lQaAor a~ pap unto saic~ morfgagee fhe cerfnin promis-
sory note tie~einn~fer subslantinuy oopiet~ or ldtntl~ted. to-w[t:
MORTGAO[ NOT[ 11AMC0 rO1~M q ~
i 18, 3~. ~ ~tl]cll't , 1"~tCltl riOlII1~1 ~ Fbrida
~ECE'li1bE'_Y' 8 , 19g~
FOR VALUE RECEIVED; the uadenigned~ (jointly and severaily~ if more than one) promixs to pay to
F'It~IIC BFAL aond SHIItI~Y BF.AL, his wife
~ or orda, in the maaner hereinalter ~pecitied~
che principal .um oi Elgtlteell t~t1SSTld tllree ~10.II1C~Y'eC~ 2lllt~ IlU/ /t00 DOLI.ARs
(= j$, 3QQ: QQ ) witb interqt trom date at the rate ot 12°f, per cent. per annum oa t6e balance (ran time to tia-e remaiains uapaid.
The uud principal aad interest shall be payabk w lavrful moaep ot the Uaited Statei ot America at
or at ~uch placc u may hereatter be de~oaud br written ratice (tom the holder w the maker hereof~ on
the date and ia the maauer folbwina:
Interest paymaits vnly ~til home at 4414 Cmstantine GY. , Iake Wbrth, Florida, is closed.
Interest paymezit in the amanC of 5183.00 each mmthly cam~encing one month fran date
hereof. Upon closi~ of above home, principal payment of $8,300.00 to be paid to Sellers,
Frank Beal and Shirley Beal, his wife, leaving $10,000.00 balance to be amortized over a
five (5) year period (60 mrnths) with monthly paymatts increasing to $222.47 each.
~D
Thu nou with interat u~ecu~ed bp a mortaase on real atate, ot even datc herewith. made br ch~ makcr hercol ia (avor of the uid
payce, sad ~haU be cowwed and enforced ucordina w the laMn of tLe State of Florida.
IE dcfault be wade in thc payment of say ot the sumi or iotcrat mentioned hereia or in wd moressse, or in the pedormsnce ot
any ot the a~reeme~ti contaiaed herein or in taid mortaage. thea tbe eatire prinupal ium aad acttued iatetat s6a11 at t6e optioa of the
holder hereo( become at once due snd collectffik ~+ithout ~tice. time beina o[ the eaenoe; u-d ~aid priacipal ium aad ucrucd intere~t
~hsU both beat ineereit irom iuch time unW paid at the hiahat nte albwabk under the law~ o( the Su-te oI Fbrids. Failure to exercia
thia optioo ~6a11 aot con~titute a waiver ot tbe risht w eurciu the ~ame in the event of u-y ~ubsequent defaul~
Eub penon liabk heroon whether ma~er or eadorur~ huebr waivea praeatment, protest. notice notice of protat and notice o[ du-
hoaor and asreu w par all eo~b. includins a nasonabk attorney'~ fee, whether ~wt be brousht or not. i~, dter maturuy ot thi~ aote or de(ault
hereundu~ or uader wd uwrtgaae~ wuiuel ~all be empbred to eolkct t1~is note or to protect tl:e iecurit~r o( aid uartgaae.
Whenever ~ued 6erein tbe temu "hoWer••, ••maker" and "psree" s6 be conitrued in the Lnsulat u` 1 a~ t!u contcxt mar
requ'ue or admit. ' .
~aker'i Addren _ :. ~. •• • - - . •- . . . . . . ... .......-•••---•• ................(SEAL)
Y'V~il leil leSt , •
~11~+ C~OC1St~1t~.I1e GY., ~ • ~ ••--~~~:'....~~Q.:~J.l:~c.<.~.:!.`....(SEAL)
Lake Worth~ Flarida ~~ os in'-~ bepriest
..... .........••-.....••••-•• ...........................................................•-•••-..........-- ( SEAL)
' ~345- P~ i04
- -- „~ - ._~
..•••• .............................•-.•--•-........... ......... ._......(SEAL)
_'
~
_~ ~
,:~.~