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HomeMy WebLinkAbout1720 i~ i ~ ~ t, v -. ~ . _r,~L~ .. i 0~Ut ~Ill~ ~~ T1V~~ (IIP SQI/!P, foyefher wifk fhe fensmenta. ~ierec~ifament~ and appurle na~~cPS Ihe-rfo helonptng, an~ ftie renta, issues and pro~ils thereo~, unto ftis morfgoges, !a fee slmp~e. ~ Ihe mortpago~ covenanls with t1~e mortgngee t1~nf the mortgago~ ia indej~„t61y seized o/ aaid land In fee simple; fhaf tho mortgapor hw good right and lnwful aufho-ily to convey soid Iand ai aJom- sai~; fhat 1{~n morfflagor u~i~~ make suc~ ~urther as:wancea to pe~PC! fhe fee atmp~e fJfle to sat~ ~anc~ in the mort~agee as mny reasona6ly be ~equired; iho~ th. mortgagor here6y fully warranta the ttfle to suld land and u~ill de(end the same against Ihe law/ul claims o/ all penons w~omsoever; and Ihnf said lnnd is ~ree and clear o( all encum6rances except those taxes accruing subsequent to December 31, 1980. . ' ~ , ~ ~rou~ded ~llways, thaf i~ said moHgngor shaU pny unto aaic~ moNgagee the certnin promit- ~ sory note ~ereinajfer substantin~~y eopiec~ or identijied, !o-wit: i . • MORTGAGE N07E S 29,500,00 RAMCO fORM 3~ Clark, N. J~~ January S . ~981 FOR VALL'E RECEI\'ED~ the undersigned, (jointly and se~•erally~ i( more than one) promi-r~ to pay to ROBERT G. MAJOR and RAYOLA J. MAJOR, his wife . or order. in the msnner hereinafter ipeci6ed~ ~he r~~c~ il sum ot 11dENTY-NINE THOUSAND FIYE HUNDRED DOLLARS AND NO/1~0----------- /~~ ~L~Rs (_ ~9~~~~• ~~) with inter~it [rom date at the rate of ~ ~ per c~nt. per annum on the balan~e (rom time to timt remaining unpaid. The ~aid principal and intereit s1~nU be payable ia lawful money o[ t6e United Statei o( America st Rt . 3~ BOX lOSA Hendersonville, N.C. 28739 or at ~uch place u may hrn•att~r be d~•signat~d by writt~n notice f~~~m the holder to the makv hereo(~ on the date and in the ma~ner following: Both principal and interest due and payable in Sixty (60) equal monthly installments of 3335.30 beginning February 9, 1981 and monthly thereafter up to and including • January 9, 1986. On February 9, 1986~ the remaining principal balance of so1L~~,~ls~~ including interest will become due and payable. TNE N'.AKERS RESERVE THE PIGHT OF PREPAYMENT AT ANY TIME WITHOUT PkNALTY. 'I'hia note with interest is secured bx• a mortgage on real esute~ of cven date h~rcwith. rnade b~ ~he maker hercof in favor of the uid aayeq and sball be construed and enforced accordina to the liwi of the Sutt o( Florida. 1t de(ault be made in the pay~nent oI any o( the suiqs or interst mentioned hcr~in or in sai.l mortgage, or in the prrformance oI any of tbe agreemcnts contained herein or in said mortgage~ thcn thc entire principal ~um and acc~u~d interest shaU at the option of the holder hercof become at once due and colkctibk without notice, time bcing of the essence; a~d ~~~d principal sum and accrucd interest shaU both beu interest from suc6 time unt~ paid at the highcst rate albwable under the laws o[ ~~~~ State of Florida. Failure to c:ercise chia option shaU not con~titute a waivv o( the right to e:ercise the same in the event ot any ~ubseq•~~nt default Each person liable hercon whet6er maker or endorser, hcreby wai~•es presentment~ protest, noti. r notice of protest and notice of di~- honor a~d agrees to pag aq cosb, includins a reason~ble attorney's fee, whether suit be brought or not, ~{, after matunty of this note or default hcreunder, or under sa~d mortgage~ counxl shzll. be empbyed to tolkct this note or to protect thc srcurity ot taid mortgage. . Whenever used herein the terms "holder", "maker" and "p~yee" shall be construed in tht ~+nsular or plural a~ tAe conte:t ma~ rrquirc or admit. Makei s Addrcst ~S~ HAROLD S. ESTERSOHN ••-••--••-••--••••---•-••••-•-•••---••---•--•-••--(SEAL) HAR~3CD~'5:~~~E~TER~(~~IN IsI 1`~je~~i~..~iS~~w.~$Q~....._ .-•...•••---••--•-----•-•-•••••---••---•---•--•....(SEAL) 38 Stonehenge Terrace ~ MILDRED ESTER~SONN ..C.].atk,...Dl..i.-----•---0.7.Ob6.........--~-•------------~--~-----~~- - - ~ ..... ............................ ~ ---~•--tsE~L~ -- -• ~--------~--.._... --- ---~-~ ............. ...................... B~K34fi Pa~E17~s ................. . .. .......... ......... .. . ...... ........ ... . --- -..~SEAL) ~ ~ i~ - -. - - -- ---~ ; ~_ _ -~ ---tl______~