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TO HAVE AND T~ HOLD the eame, together with the tenementar her8ditaraent$ and ~
appurtenances, unto ~he eaid Mortgagee, and ite ~ucceseora and assigne~ in iee aImple. '
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~ AND the Said hiartgagox_s., tor +h~ttts And ~.~e~~ he~~,
legal rep~esentativee and xsaign~ dQ covenant with e~id Mortgagee, ita r
~ eucceasore, legal repreeentativea and aesigns, that ~aid Mortgagor S are ~ '
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` indefeasibly eeize~ of eaid land in tee eimple; that the said ~ortgagors have tull power
' and 1 ul ri h to conve s~id l~nd in fee sim le as afore~aid ~ that it ehall be lawful for eaid ~
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~ ~ Mortgages, its ~uccessore, legal reprasentat3vea and assigna, at ~il time$ peaceably and quietly ,
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1_ to anter up~n, bold occupy and enjoy aaid land; tha~ aaid land is frQa from al2 encumbranCee; j
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~ that eaid Martgagor~.., their t,e~ ~nd legal representativee, will mak~ such furLher asgur- ' ~ ~
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\ s sncea to perfect the iee simple tltle to gaid land in aaid ~![ortgagee, ita succeasora, legal repre- ` ~
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~ aentatives and seaigna, as may reagonably be required, and that said B~ortgagor .
~ hereby fully warrant~ the title to said land and will defend the same
` against the 2aw~ful claim~ of all peraone whomsoever.
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~ • PROVIDED ALWAYS, that if ~said Mortgagozs.._~ their
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} heirs, legal representatives or aeaigna~ ehali psy unto the eaid Mortgagee, ita euA.easors, legal i
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representativea or aseigne, the cert~in promiesory note_, oi which the iQllowing in words . ~
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~ and figure~ a true coPY ~ to-wit: _
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~ PR~IISSORY ~VO'TE
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( 9po . For~ Piorcf ~ F lor ida •
` ~ ~ ~ ~ DtCember Z8 199~
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; FC)R VALUE RECLZVBD; I or we prQ~ise to p~y to the order of '
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. MIDWEST M~RTQA~$ COMPA,NY' a Missouri corporatfon authorized to ~
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~ transact business in the Stat~ of FlOrida, the pr~.ncipal suw of , f
~ EI a~T ZHOU.riAND 5BVBN HiJNDRBD AND No/100•••••• pOLLARS B~~~O~
- - - ~ ~i.~..~.r I ~`.aw w~ ~ e ~ ~ ' ' '
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: j together with interest thexeon at ~the rat1~ of six per cent j6gb) per =
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j annum until maturity; both principal and ~.nteYest being payable in j
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Zawful money of the United .~~ates ~ or ~ts. equiValent! at 120 N. E. '
9th Street, Ma.ami~ Florida~ or at, such other address as the holder (
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hereof shall designate, said pr inc~pal sum and inter~st to be payable
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on~the dates and in the.amounts specified below, to-wit:
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$ 52.48 on a~ccount of pYincipal and. interest due and i
payabl~ on F Y 1 ~ 196 g, and a like 'sum of $ 5Z.48 ~
on account o przhCipal and interest due and p~yable~o~he ~
ls~ ctay of each and everyt manth therea~ter until ~he entire ~
vr~ri~i~ia2 slun ~~ic3enced tlereby; tog~ther with a21 accrued
intefe~t,th~x~on~ is paid in full; psovided, however, that ~
the remafning indebtedness evidehced hereby, if any, on
: .NLY Z~_ 1994____,r, shall be then due and payable. ~
. Each monthly ~installment paid lier~uncler shall be first ~
; app~ied to interest at the applicable rate on the reducing
~ prancipal sum due hereunder from time to ti~ae, and the .
. -balance of each such installment shall be applied to the ~
reducti.on of principalo ' bp.R.~ 1~~ FAff~~C.)
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