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HomeMy WebLinkAbout0993 i, 71~W~ ~ W IW~ t~e same, together with fhe tenementi, he~c~ilo~?~entt ar~ nppurte- nances thereto be~onging, and I~e rents, issues nnc~ pro~its thereoj. unto !he mortgagN, in ~ee atmp~e. ~U~II fhe mortgagor cousnants witti t~e mortgagee that the rnorlgagor is lndefeai16~y reized of sak~ Innd in Jee simple; fhat fhe mortgagor has good right nnd Inw/ul authoritr to convey ,atd la.~d a~ afont- saicj; tha! !he mo~tgagor tui~~ mn~e such (urther w~urancei to pe~ect the fee almpje lill~ !o ~a[d Iand in the morfgagee as may reaaonably be requirecl; t{~at !ke rnortgago~ hembr iu~~y wnrranb fhe tit~e to sald ~and and will deJend the same ngntnat the law/ul claims o( ull psnona wl~or?uoe~er; nnd that satd land ia /ne ond clea~ oJ o![ en~,m6mnrea, except taxes accruing subsequent to December 31 1984. I I ~ ~ ~ I ~~V~1~11 ~W~s~ t~eat i f aaid mortgaAor shall pay unlo said r?eortgagee t{~e certnin promtt- ~ sory note 1~ereinaJfer su~tantially copied or identijied, to-u~it: ' ~ i MORTGAGE MOTE RAMCO FORY ~ ~-~a~-~+~~ • ~ `e ' t_ ~t' / -L %~~1 ~ ~ . ~ ; ~ V i11 lT ; 8 , 500 . 00 ` '~o-~c August s , ~985 FOR ~'ALL:E RECEI\'ED, the undenigned, (jointly and seeerally, it more ~han one! promises to pay to JENNIFER MOORE and JAMES MOORE, her husband ~ or orda. in the manner hereinafter ~pecified. P~;,,ri~ n,m ~t EIGHT THOUSAND FIVE HUNDRED AND NO - - - - - - - - - /100 D()I.I.ARS F H, SOO .OO )~r;th inte:wt Erom aase ic tbe r.te o! 11. S pe[ ctnl. per annum OR the balance Ir«n ume w t~me ,~nias YDpa~a. ~ Thc iaid principal aad intemt shall be payabk in lawtui money of the Uniced Sutts oI America at 2801 Geneva Drive ~ f Garland, Texas 75~~F~ or at such place a~ may herca(t~r be dciignated br written notice irom the hoWer to the makn hereot~ on ehe date and in the manner folbwing: Principal and interest is due a~d payab2e in THIRTY-SIX (36) equal and consecutive monthly installments of TWO HUNDRED EIGHTY DOLLARS AND THIRTY CENTS ($280.30), beginning on September 8, 1985, then monthly thereafter until. the entire principal balance plus tbe interest due thereon is paid in full. THE MAKER~ RESERVE THE RIGHT TO PREPAY AT P_NY TIME WITHOUT PENALTY date herewith, made the maker hereof in favor of tbe said Thu note with ineerest u secured by a mongalqe on real estate. o[ even bY ~ payte, u?d shall be coastrued and enforccd according to the laws af the State of Fbrida. ~ If default be madt in the paymeat of any oI the sumi or incemt mentioned 6enia or in ~aid mortsage. or in tbe pertonnance of ~ any of tbe asreemenu ooatained herein or in wud mortgage~ thea the eatire prinupal sum and a«sued interest d?all at the option of the holder hereoi became _ at oace due and coUectibk witLout nodce, time bein8 of tbe es~ence; sod t:id PrinciPal sut° ~d ursued interc:t sl~all bot6 bear incuest from ruch cime uatil paid u the highat nte albwable under the 4va of tlu Stste of Fbrida. Failure to exercise thi~ option s6a11 n~oc con~dcuu a waiver of ehe ri6hc m e:erci~e the raioe iu the event oE any subequa?t default Eac!? peran liabk haeon wLether maker or eadorser, 6eseb~ waiva preseatmeat, protat, aotice notice of psotat and aotice aE dis- aonor and asrea w par a11 co.a, induding s rea~o~ubk attorney'~ fee, whether twt be brought ar not, i{. aites matanqr of this note or ddauft haeuades, ot u~et said mortga6e, aounul ahall be empbred to colkct thit note or to proeect t!?e xcuritr af uid mo~rtsa6e. W6enever u~ed hereia the te:ms "holda"~ "maker" aod "Payee'~ ~6a11 be camtsued ia the riegulat or plurai as tbe conte:t msr : ~ , ; require or admit. ~ ~ ti' lriaker s Ad A L.... --......••-•..-(SEAL) • Z . ........5 ~ . ZUC~11C ' ; ~1 ~ . 27 Scottwood Court ~ ~~La ...............___.............(SEAL) Delaware, Ohio 43015 Su~aD !i. Luc a . ~ s~. ~ . ~ ' ~ .