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HomeMy WebLinkAbout2695• ', 30 ~~ ~~~~ Ihe sume. Iogelher wilh Ihe Ien~m~nt~, htn~itnment~ and appu-Ie- ~~oncP~ therelo ~e~onging, and Ihe rentt, issues a~d prof ifs ttiereo(, unto Ike mo-tgngN, in !et •imp~e. ~ Ihe morigago~ covena~fs u~itl~ the mwtgagee ~hat th• mo.t9agor la ind~(easi6ly setzed o~ said ~anc~ i~ )eo simp~e; that t~s mortgagor hat good -t9tit and ~aw~u~ autho~ify to convsp ,a~d la.~d w a~ore- saic~: Ihul Ilie mortgagor w1~j malrs sucl~ ~urther asaumncei to pe-(rct fh~ ~ee iin~ple tilb to iaid land in tk~ morl~agee as may reatona~Iy Ge -equired; that fhe mortgaeor h~~6y /ullr warranb tks titls to :otd la.~d u~ut u~ili dejend the same against the Iawiul claims oj al[ penona wi~omsoever: and ti~at s~d ia~d ta f-~ and clear oJ all encumb~ancea . ~~QV~ w~s~ 1{~af i~ said mortgagor s6nll pay unto said mortgagee tl~ certain promL- sory note ~ereinn~fer substnnfia~~y copied or ic~sntt;toc~. to-wit: PROMISSORY NOTE ~ ~ t ~ : _ $7,500.00 Leesburg, Florida February 27, I981 For value received, THOMAS E. HENSON hereb'y promises to pay to INLAND FRUIT CO., a Florida corporation, the Payee, or order, the principal swn of SEVEN THOUSAND FIVE HUNDRED AND NO/100 ($7,500.00) DOLLARS with interest from date at the rate of twelve percenti (12$) per annum on~the unpaid balance to be due one (1) year from the date of this note, at Post ~ffice Box 1259, Leesburg, Florida, 327~l8, or such other place as the Payee may designate in writing. The Maker may pay any part or all of the unpaid principal at any time before due without payment of premium therefor. If payment.is not made within thirty (30) days from when due, the entire unpaid principal and accrued interest shall become due without notic~ at the option of the holder., and failure to exercise that option shall not waive the riqht to exercise it in the event of a subsequent default. In the event of a default in payment, the Maker will pay all costs of collection, includinq a reasonable attorne ' Protest is waived. ~ THOMAS E. 8ENS0 ac;~t ~rc~ FacE ~~ ~-