HomeMy WebLinkAbout1631~o ~tve and to ~old the same, together wtih the fenemenb, he~edt~~.,~ena and appurle-
uances f~iPrefo E~elonging, anc~ f~e re~ta, ltsues and pro~tfa lhsreo~, unto I~s mo~tgages, in ~ee •imp~e.
~ the mortgago~ rnve~ants witl~ tl~e mortgngee tha! the mo~lgagor ts indej~,i6ty seized oj aaid
land in ~ee slmple: fl~af !/~e mortgngor has goal right ana ~aw~u~ auf~ority to conue~r satd land a ajoro-
satd; Ihat the mortgo9o~ will make such f t~rthe~ nssurancei to per/rct the jee ~tmple ti1l~ to snid [nnd tn the
morlgagee as moy reasonably 6e required: 'lhat the mortgugo~ I~ere6y /ully wa--a~b ths tille fo :ntd !n»d
and will deJend 1he same ugainst t1~e law~u! claima oJ al! persons wl~omsoeusr: and t6at said land b J-ee
a~d c1~4. o/ a!I encum6mnces excepting taxes accruing subsequent to Decem-
ber 31, 1980.
~V~~ nlW~s~ that i~ aaid mortgago~ shnll pa~y unto snid mortgagt~ the ctrfain promb-
sory note hereinafter su6:tw~t~alty copiec~ or ic~enlijied, to-wif:
~12Q, 70~_00 Fori- Pi r~r~r~, ~~i~ I'e_ brua~v 27 19~'~
FOR VALUE RECEIVED. the undersigned~ jointij~ and se~•erally. promise to pay to the
order of NUNZIO TAVERNESE~ FRANK TAVE~N~SE ~~nd C~RI~~ CO~~Fg
Cilbert~ Orr & Sidaway. P. ~~.
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the prineipal sum of ~]e H~*?c~neci 'Ita~nrv ~~d ~tt ~~DOLLARS, with
interest at the rate of _.1Q_ __ per cent per annum from . __.date_____ _ until
paid, in installments as followa :
Zhe principal and interest due hereunder shall be mPaid in tw~ (2) equal a~mual
installmaits. Zt~e firs* instalLrent in the am~~t of $60, 350.0f) .plus accrued
inte~--est shall be due ai the 26th day of Febniar; , 19$2, a~d the secand ~d
final installr~nt of principal in tfie ~ro~nt of $5~,35~.~ plus accn.~ed interest
shall be due ~d payable on February 26, 1983. Faili~e to make any pa~,m~nt
~~rithin thirty (30) days after the s~ne becc~rrrs ctue shall, at the o~~ia-~ of the
Payee. cat.ise the ~-tire rer~ining balance [o be ch~ and p~r,~able in~ full.
Borraaer shall havie the rig~t to prepav all or ~v part of the cwtstanciin~;
balance due inder this note at ~y ture witu~ut cx~n~~ltv.
This note is sectmed by a Purchase Money First Pbrt~age of even~ ciate ~md is
s~ject to tt-e terms thereof.
If any installment be not promptly paid within __ ~?rLY days next after the same be-
comes due, then, at the option of the holder hereof, the full amount remaining due upon
this note shall thereupon become due and payable at once, tokether with all other inciPbt-
edness 9tipulated in this note and in the mortgage gi~•en to secure the same.
The makers and endorsers of this notP further aRree to wai~-e notice of non-pa~-ment,
protest and demand for payment, and in case suit ~hall },e brought f~~r the ~ollectiun
hereof or the same shall be collected upon demand of :in attorney, to t~a~• all expenses
of such collection, including a reasonable att~~:ney's tee thereon.
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FRIL•'D11ELTt ROSE
800K 349 PH~E 1631 -
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