HomeMy WebLinkAbout0986 ~t ~{I{{~ W~~~ !he same, loget~er wt!{~ tke tensmonts, h~r~ifamenti and appurte-
nance~ therefo belonging, anc~ t~e renla, issues and pro~ifi therco(. unlo the n~orfgugee, In ~ee ~imp~e.
~ the mortgagor covenants wilh the mortgagee that tka mo?tgago~ ta inde~eailbly stized o~ anid
Iand in Jee simple; that the mo?tgagor has good right and lau~/ul autho~tly to convey ~atd !~d as o)ore-
saic~: t~at f{~e mortgago~ wt« make such (urf~e~ aasurancea to per{ect f~e jee iimp~e tit~e to aaid Inrul in fht
mortgagee aa may ~oRn61y be requtred; thnt the mortgago~ h~re6y jul~y warranta the tttle fo ~atd la,~d
and u~tll de%nd the aame agatnst the lawjul clairru oj all perso?u whomso~ver; nnd that satd l~d Jree
and clear o~ all encumbrances except tdXe3 accruing subsequent t0
December 31, 1985.
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} ~~s~ thnt if said mortgagor sf~a~~ pay unto satd rrwNgoge~ t~ cwtain promia-
_ aory nott I~~eina(tK it~tsntlaUr copied or identi~ied. to-wit:
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5....52, SOO.OQ . P~rt---St Luci_.~.._. Florida....--:7!a1~Y---~-~ 19.__8.6
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- ;r1~I' ~~:lllif ~~rCftllfl the undersi9ned jointly and severally prom~ses fo pay 1o the order
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~ : of .._ALBERT_ A. y~UAR~IN~P!...dnd._~.Fc`~N.~F....M...__QU.~IBANTA~.---tu-s---~aife--------------------
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the pr.ncipal sum of.._.S.I.X'~.Y__.~'_[~1Q_.:~I~QU.~A,'~.Q..FIV~_.HU~I?B.h:D...__._.Dollars (S._...52*5_QO..AD_..-), J~
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; !ogelher v~~~h interest thereon From date at ihe ~ate o(._.__.._4~_____________________per cen1. per annum until matunty, ,~J~
said interest being payable mon~hly on the..__~.th
.......................day of each and every moMh both principa) ~~;f
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and interest being payable m lawful money of the Uniled States at._.._t3DA_.James.._Stxeet_,-.---.-----•--- k:~~
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Mt. Arlingt~n.---New__JerseY...._.._07856----------------------------------------•-----------...-•-------------Florida.
or at such other place as Ihe holder hereof may desi9nate in writiny. P~incipal and interest payable in inslall- ~r'
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ti ments of F~V~---~.U.KA~Q...T~TQ__AND..$911QD----------------------------------------- Dollars, (5----5.42.,.89--) ~
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each on the... ~~.tl.._. day ol each and every monfh, beginning on the ____?_tll_______day of..__A!]qUS.k.._...._, ,~J*
19_.8_~, and continuin9 until said principa) and interest have been paid. Each instalfinent payment sha~l be y'Y j
uedited (irst on the interest then due; and the remainder on principal; and interest shall thereupon cease upon
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• ; the principaf so credited `-`J ~
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` ' Notwithstandinq anythinq herein contained to the contrary, tne r'~:~
~ i entire balance of principal indebtedness and all accumulated
interest due thereon shall he due and payable within ten (IO) years y.;
. from the date hereof_. jre
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, y prepay all or any ~rtion of the within y.~~
t~lakers reserve the ri. _ ht to j~~
r,' ' indebtedness at any time without penalty. ~:r~
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~ ! Each maker and ~ndorser severally waives demand. prolest and not~ce of maturily, non-paymenl or protest and all ro•
qwrements necessary to hoid each of them liable as maker: and endorsers
~ ; Each malcer and endorser Further agrees, ~oin~ly and severally, to pay al) costs of to~lec6on, including a reasonable attor• ~r~
nay s fee in case the prinapa) ol Ihis ncte o. any payment on Ihe prinnpil or any interesl Ihereon is not paid at the respeclive
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ma~urity thereoF, or in case it beccmes necessary to prolect Ihe security he-eof, whether suit be brou9hl or not. r-
~ This note and de(erred inferesf paymenls shall bcar inferesl at ~he rate o( g$ per cenl_ per annum from ma?urity j,~
r until paid. j~-f
This nole is secured by a?~rs1 mort9age of eve~ da!e herewith and is lo be construed and enforced accordin9 fo the laws v-
. cf tht State of Florida; upon de(ault in the payment c( prinupal and 1or interesf when due, the whole sum o1 principal and jr
~ r mteresl remaimng unpa~d shall, at ihe oplion ol thc Iwlder. become ~mmediale) due and payable r" ~
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