HomeMy WebLinkAbout1880~o ~iaue and to ~iold I~~r sunu~. I~Hp~l~u~r irif~~ 1~~~• f~•nem~•nfs. I~r~r~~ifunrnis an~~ uppu-1~•
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~n~ f~u• mo-I~~ayu~ ror~•uanls ~oil~~ 1{~r o~orl~~al1~~ I~~ul 1~~P morfpagu~ is in~~p~eusi~~~y sriz~~c~ o~ sai~
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saul: tliui ~li~• morl~~u~~u- u~i1~ nta~r~ sucl~ juril~rr uss~uanc~s to p~r(~t IhP fPe simplr lille to saicl Iand in IhP
n~url~~a~p•~~ as mnv n•osonn~-~y ~ie -~~ui-c~~: fh~f f~~~ morfl~ugor ~~e-e~-y ~u~~y u~arrnnls 1{~e fil~r fo sai~~ ~an~
~ui~i u•ill ~I~~Ji•n~l Ih~ sam~ aqainsl IhP 1au~Ju1 i-laims o( uU p~-sons whumsoP~•Pr: and Ih~t said ~and is ~ree
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~r~V~~ i~fY~s~ ftiat ij saic~ mortgago~ ahnll pay unlo saic~ ntorfgngee fhe certain promis- ~
~t sory note he-eina~fbr sub~~an~~olly ropirc~ or ic~enfi~ied. !o-wif: ~
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= 27,500.00
r~ort Pieroe, r-lorid• ~dR~t febrKarv 1) 19~
for value reoeivsd, 1, we or eitF~er of us, promise to psy without defalcation, to the order of .
ANNIE 6~ Y~~
at ~3 Boston AvenuerFt Piprr~~~7eri ~ ~~L~
the sum of ~~~LS~N THOUSAND FIVE HUNdtED AND NO/1Q0-•------^-------------BO~WRS
wilh interest from data at the rate of 12 % per annum, in the manner following:
insta11mer-ts shaii be s3~•~ on •-1~! Y"_-L? 1981 , and a like sum on tfie corresporx!-
ing day of eacfi like suaceeding m~th thereafier unfii the wtate sum shall be fully pnid with imerest at
12 % o~ the unpsid sums from time to time owing. '
(Granting option to the promisor the right of prepnyment without penalty, and option to promise b add) ~_-96
i~terest charges on all wms in default.
Each instaHment first shall be applied in payment of tfie inte~est and then on the unpaid balance of the principsl
wm. If default is made in the payment of any i~utallment when due, then at the option of the holder, and with-
out any other no~ioe, al{ the remaining installments shall be due and pnyable at once. Privilege is given to psy two
ot more installments at any installment maturity date, but this shall not extend the time of maturity of any sub-
sequent i~tallment. Neither forebearanoe, nor acceptanoe by the holder hereof aRer any default in any payment
hereon shall be deemed extension.
Each maker, wroty and erxbrser hereof, jantly and severally, waives demand, preseMment, protest and~.notice of
protest for nor-.psyment and fvrther agrees to any extension of time of payment, either before or after maturity,
without notice to any of us; and to psy all oosts of oollectwn, induding a reasonable attorney's fee in the event
of any defauk fiereur~de~, and hereby scverally waives all benefit of homestead and exemption uncler the constitu-
tion and laws of each Staro of the United States, as against this obligaYwn or any extension of renewal hereof.
Witness the hand and seal of each party
Stamps sffixed b recorded oopy.
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