HomeMy WebLinkAbout0523~o ~~ue and to ~old t~c~ sanse, toF~~=t~ic~r wtt~ the iFliPiTi@Rt3, ~t~sec~itumRr:ts ancE appc~rte
nnn~~ns I~~Prelu ~~e~onning, nn~I flie renls, issues an~ pro~ifs t{~ereof, unlo ftie mortgagee, in fPP simp~e.
, ~nd tf:e morlgagor c-oi•c~rtanfs u~~~h ~hp mortgagee Il~at the morlgagor Fs Indejeasib~y aeIzed d~ said
~j IAfI(~ in ~ee simp~~; 1{~af l~~e mortpa~or has good rtght an~ ~awfu~ aulhortly lo convey :aid land at a~ore-
~~ sai~~; Ihaf l~~e morl~~a~or u~i~~ make sucti ~u~IJ~e- assurances !o per(PCf fhe ~ee simp~e tit~e fo said.~and tn ihe
~i morf~~a4~~~ as mny reasunuE~~y ~~e ~equirec~: lhat I~e mortgagor tiereby ~u~~y waRanls t~e tlt~e !o saic~ ~ancl
"~ aurj ioill d~~~nd 11~~ same against 11ie lawful claims of al~ penons whomsoever: anc~ f{~af said lnnd is ~ree
~` n~~~ c•~~~ar o~ aII encum~rances
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~rOU~~LR ~i~~tZy~~ that if raid mortgagor shall pay unto sait~ n~u-t~uge~ t~ie c~rtdin promis-
~ sory note hereina~fer su6stantiu~~y copie~ or iclentiJted, to-wit:
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',' S 2, 242 __50....._._ ._Port__St._ . Lucie_.__ Florida,.. FebruarY.._.. -~Q._. .. 1981--- ~;j*
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`-~ ~ ~ar ~21j1I~ ~Zet'`lilea the undersigned joi~~tly and severally promises to pay to the order ~~_j*
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` ' of Richard H. Uhley_.and__Carleen__0:..~l~l~y,___~x~_y~,j,~~ ~:'*
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~~~~~ the prinapal sum of.Two_.TY~ousand Two Hundred Forty___Two__p~~ars (~ L~42 .50 ) ~•"~
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c;, toyefher wdt, interest thereon From date at the rate o(....__.._.12$ ................per ceM. per an~um until matonty, 1,,~
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~..Y ww ~niarea~ uain9 {~arauns ~iwnn~q w~ n•v----------•:_~ :.r :..............ver v~ aa~n arw every mvrna ocnn ~niiK~Na~ ~~G~
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:, ~ and interest bein9 paYable in la.~ful mo~ ~y of the ~lnited States at-----------------------------------------------------------._.. ~~i
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:,~' 1803 Torguay_~___Rc;y_a Oak, Michigan 48073 _______________________ ___________Florida, '~~
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:~• or al such other place as the holder her~.of may designate in wrifing. Principal and interesl payable in install• y~ I.
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~' ~; ments of----------------•-•---•----•-------.._.._..-----....-----------•---•---•------------•--•------------...__..... Dol~ars. (s------•-----_.._----) Y~~
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i~:x each on the._..2D.th day o~ each and every month, beyinnin9 on the ..,...20th----day of_._':larch...--------, ~r•*
~,~~ 19_81_., and conlinuing unlil said principal and interest have been paid. Each installment paymsnt sha~l be r'~
::?~ aedted First on the interest then due; and the remainder on printipal; and interest shall thereupon cea:e upon ~,~
~..~ : the principal so aedited. „r~+;
.:~ Maker reserves the right to prepay the entire principal and ~~':~
~•,: accumulated interest at any time, in whole or in part, without ~ r
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;-~ ~ penalty. 777,,,~~~~~~
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~'~! Esch maker and tndorur severallr waives demsnd, pro~est and notice o( maturi~y, non-parmenf a profesf and all r~- kr,'
~~'-' qui~enNnts nec~ssary to hold esch of them (iable as makers and endors~rs. jf~
~`" ~ Each maker and endorser Further rees, aMl and severall to a all costs of collection, includi ~
~ r•; a9 I r Y. P Y ny a ressona~ aHor- Y,+'
y:'_~ osy's (ee in case the principal of fhis note a any paymeM on the principa) or anr interss~ thereon is nof paid a1 the r~specfive j,r~
•r;. maturity thereo(, or in case if becomes necessary fo protect the securif~- he~eol, whsl~ier suif be brought o- rat_ ~~~~
y;;~~ This nde and deferred inte-est payments shall bear interesl at the rale of Zl per cent. per annum from n~sfurity s~'
'~'., urd~l paid. ?;f'~
~`-:'~ This nols is secured br a(irst mortgaye o~ ev~n dste herewith and is fo be construed and en(oresd according to ths laws j•`r'
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~,,~ of Ihe Stsle o1 florida; upon defauh in Ihe psrmeM of princips) and f or interest when due,lhe wFiol~ sum of principal snd „
r''~ int~resl remsininy unpaid shall, at Ih~ oplion of the holder, b~come imm~diately du~ and parable. j~~`~
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