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HomeMy WebLinkAbout0799~ ---~ - . _ . . i: ~, ,~ i~ ° ~ '' ~'o }laue and to ~iold - ~ ! u~ same, lu~r!{~er with 1{~r t~>n~mrr~ls, here~itumenls anrl appurte ~i nu~~ci•s t~~Pre1o ~~elun{~iny, ana f~e r~•nts, issues an~ pro~its f{~ereo~, unfo t~~e mnrlflagee, in ~ee simp~e. ~` . ' ~nd t~ic~ morfc~n~or co~~e»unts with Ihe mortga~~e f~iaf t~e mortc~agor is inJe~easif~~y seizec~ o~ saic~ ~: ~anc~ in ~ ~ee simp~e; t{~af 1{-e mo~tgngor has goo~~ -igh! an~~ ~ew~ul aut~~ority to conuey said land as a~ore- ;~ said: t{~al t{~p mortgnyor u~il~ maF~e siu~h )urtl-er assiaances to perfec! fl~~ jee simple tit~e to said land in t{~e ~, morfc~ac~e~~ as m~y reasona'~~Y ~~e re~~uirpt(; thaf t~ie mort~a~~ur {~ere~Eiy ~u~~y iranants t~~e fil~F• fu snicr ~an~~ ~; nnd ioil~ clrj~nd tlie sume nyainst t/~~ ~au~ful .~laims o~ n~~ pprsuns u~I~o-nsoet~er; anr{ tha! saic~ ~anc[ is (ree I~ nnd cl~ar oJ nll ~-tc~imbran~•Fs il i° ~~ i . ~; ; I: j; ~, ;: . ~ rou~ded ~tways, tha! i~ sai~ mortgagor s{~all pny unto said mortgagee the cerfain promis- ~ f} sory nole hereina~ter substantia~ly copied or identi~ied, to-wit: 8, 795.00 . ~t~Iorto age 1~Tote Miami, Florida Mareh ~_~ ~ gg ~ FOR VALUE RECEIVED the undersigned promises to pay to the or3er of: i~arie 'riercaaante t:e principal sum of Eight thousar.d seven hundred ninety-five and No/]00---------- Dollars. Such principal sum payable as follows: IN FULL ON OR BEFORE_S~Dtember 9 1982 The makers and endorsers of this note further agree to waive demand, notice of :onpay~ent and protest, and in the event suit shall be brought for the collection nereof, or ~:2 S3~ has to be collected upon demand of an attorney, to pay reasonable attor.iey's fees for .=~~ciag such collection. This note is secured by a~ortgage of even date herewith and is to ~e construed and enforced according to the laws of the State of Florida; upon default in the ~ay-~ent ef principal when due, tre whole s~ of principal renaining unpaid shall, at the op- ~~on of the nolders, become ia~ediately due and payable. Failure to exercise this option shall :ot constitute a waiver or the right to exercise the same in the event ot subsequent default. ? :'~ ~,BLE aT : ~-r=_ c!c~ :vood, P.O.Box 69, Pa~sley, FL 32767 (Corporate Seal) u~.~sx3J~ Pa~~ GE:IERAI. VELOP*~;1T CORPOR.~-TIO:i By: Sr. Vi Preside t ~ elt~est: ' ~ss stant S etary 6 ~~