HomeMy WebLinkAbout2826~o ~ue and to ~told f~~~ same, foyel~~e~ w11I~ fl~s fenemenla, tie-edifumenfr and appu~fw
nancpa I~~erefo ~~~~on~~in~. an~I Ihe ~~nts. issues a-~t~ prolib Itiereof. unfo Ihs morfAoge~. !n ~te aimp~e.
n~ fl~e morfpago~ ~oi~pnants wlfh f~~ morfgages Itiaf fti• mwlgogw ia indej~,,,i6ly teizec~ of snid
Innd in f~•e simple; fl~af I-~e morfgagor has good -Igl~t and lawjul authorily !o conve~i sa1~I Inrtd ai ajon-
saic~; Ihat fl~e morf~ago- wi~~ make iuc~ ~urf{~e~ asaumnces fo pe-lrc! ftis fes simp~e ftf~e fo aatd ~and in Ih~
morl~~ag~p as m~y r~asonati~y be requi-cd: t~at Ihs morfgagor I~vnby /u~~y u~ananft f{~e fif~e fo said lond
and u~ill de~p-uI II~R same againsf Ihe law(ul clntnu oJ nll penona wl~omioevsr: and that ioid Innd b Jre~
nn~I f~PA~ oJ alI CIICUI-16TQI1CP1 except those taxes accruing subsequent to December 31 ~
1980.
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~ ~rouided ~tways, Ihnt i~ said mor~gagor ihnU pny unfo saicj morfgagee fhe cerfatn promlt-
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~ sory note hereinaffer suf~slantin~~y eopi~ or ic~enltjiec~, !o-wif:
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~•i~q1GRGE r+pTE
S 4 , 000 . 00
RAMCO - GRM S~
}OR ~:4LL'E REC=E1\'ED~ the und~rsigned. (j~~ind~- and ~c~~-rall~•, iI :i~~,re than ont) prc.:nises to pay to
/s/ Joseph M. Bosma
JOSEPH~~M. BOSMA
/s/ Lillian Bosma
.._. ... .
LILLIAN BOSMA
FRANS NAUTA
~ ur c~rd~t~ in the mrnnrr hrrrir.aft.r spccified,
:}~~ ptincipal s~m ot FOUR TNOUSAND DOLLARS AND NO/100-----------------------------~~~ D~Lt.4Rs
(: 4~~00.~0 ) with intaest frum date at tht nte o! ~ 2 per cent. ~er annum on tht b~lanct lrum time to time rc:r:aining unpaid.
Thc said prir~cipa) and interest ~hall be p~~-able in iav.~ful rnonry of the L'nited Stat~~ of Arnrrica at 5508 Michigan Road, Betf.esda
"!a ryl and 20~~ O ur at su~h plat~ as rnay h~~n a(trr br drsic:..,~rd by ~.rittcr nutirr frurn thr hold~r ~o ~h~ tr.al~r h~tcof, on
.~.~ date and in the SIIdDR[f follov.ing:
Rath prir~cipal and interest due and payable in One Hundred Fighty (180) equal rr~onthly
installr~ents of 548.01 be9inning t~arch 18, 1981 and monthly thereafter up to and
including February 18, 1983. Qn !!arch 18, 19R3, the rernaining principal balance of
~3,783.93 P~us interest will beca~e due and payable.
tHE f-1AY.ERS RESERVE TNE RIGHT OF PP,EPAY!~ENT AT ANY TIME WITNOU7 PEhALTY.
This r:ot~ v.ith ir.t.r.st is scrurrd b~~ a ir,~~:tc~er on rral ~~tate, of ~~~n datr h.•r~ with. ~nade b~• th~ rral,~r hrr~of in f~~or of thc srid
,,.•-e~ and saall tx ~or.cUu~d ar~d rnf~•r~rd a~cvfding to thc 1:,"•s of thr Ssatt o( i:orida.
It dcfault be r: ~d~ in t}u ~:a}:r.~nL of an}~ of th~ swns or inurrst rnrmionrd hrr~in or in said r,~ortcav~, ur in thr ~k rf~ -~::rnc~ nf
.:;~~~ of the a~rerm~nts coclaintd }.~rcin or in »:d rno:~g+ge~ th~n the rntire principal su~n and arcru~d ii.trr~+t ~3:a11 ~t thr u,~t:r~r. of thr
%..~Sder h~reoi becotnt at unce due and cc~lt~rti~lr .,itt.out r.otice, time t~eing of the rssro~e; a~d said princi~~a! s~~ w~.d ~rrru••d ir.ur~st
~t.all both beat intercst !rom such time until ~.zid at ihe highrst rate allowable uuder tke ]awt o[ the Stat~ ul Florida. Faii.re to -xerr.sc
:F.~s option sball not cun~citutc a~va;.~v o! t},e r;ght ~o ~x~rci-e thr ~ame in the c.ent o( any suLxyucnt dcfault.
Fac! yrr•on l:able hPr~cn Mhrth~r r..a~.rr ur endcaar~ hetrby ~.~ai~~s ~,rru•nu:~~nt, prot~~t, notir~, r.otict of ~,tnt-a(t aud r.e~:irc u( dis-
'~r.ut and -esrrts to ya~• all c.,sts, incLi~':ng i n s~ .-,.:~lc att~~rney's fr~, wh~ t{~~ r suit 4x Lio;.kht ~a not, if, aft.r t:YlU~3I~ ~~t IhIS h4~:(' OI r'cf: ult
}-rruuder~ or undrr said n~.:rtcage~ co,.r:•el sl.ali ue e::~pi,r~rd to coll~rt :his nutt ur 1o p~.,t~ct t}~~ s,: urity of s:~id i•:ortcage.
N'hrrnrr uwd hrrrin th~ tcnn~ "holder", "rr.:let" and °p~)re° shal! ~ ~unstni~d in th~ ~ir.gular or j.]ur~l as thc ~ontrxl ~nay
r• yuir~ or a3mit. •
\SaRtr's .4ridr~s~
`_,100 Marine Or., Chic~~o, Ill.inois 6~640
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