HomeMy WebLinkAbout0955 . . . ~
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. To Have ~?nd to Ho~d the snme. to~ethsr with the tenementn.
heredttements and aDpurRens~nCes thsreto betonptn~. ~nd the rents.
~ tasuea ~nd profita thereof, unto the mort~apee, tn fea ~impte.
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And the mortpA~or covenents with the mortya~ee thAt the
mort~s~or is indefeaaibty setzod of satd land in fee aimpse: thnt
the mort~apor h~?s ~oad r1 ht ~?~d tawfut authority to convey aaid
,tand ~?a aforesatd; that ~hs mortpa~or witt meke euch further
~~aa~uranoea tp. perfect the fes atmple tttip'ta an~d~t~and in the
mortpspee ns mny reeaonAbly be requtred;~thet the mort~apor hereby
fulty wArrents ths tttte.to aa~id tand ahd w11~ defend the same
a~7atnat the tawfut c~aima of ett per~ona whanaoeve~; nnd that aeid .
tnnd ts free end cten~ o~ a~i enaumbrancea except taxes accruing
subsequent to December 31, 1986.
P~ovtded Atways. tha~ if satd mortga~or shatt p~y u~to s~id
nw~tQapee the certatn prantssory note heretnafter substnnttatty
cvptad or tdentified, to-wit:
MORTGA6E NOTE
Juna ~o: ~aa~
8reolc ~~n Nwr Yo~k - '
lt1.Z00.00
POR VALt/E RECEIVE~. ths unders/yned, (Jofntly •nd saveratly. !f
more Yhan one) Drom/sas to psy to _
SOUTN FIWt 1 dA UlY.1 M 1 TEO NDATOAOE OORFOItAT 1 ON
or o.-de~, In the mannar hereln~~ter speclitetl. tAe p~tnctpat sun
EIEVEN TFIOUSAt~D TIIO FNJlORED At~ ND/100 OOi.LARS (l11.200•00 )
wlth In~sr~st from date •t the rate o/ 10.000 percant, per •
an~ust On thf bi1~t1C! frqn tles t0 ranarninp unpald. The •ald
prinCipal and tntar~st 1hat1 bs psy~bl0 In IswfUl money Of ths
un~ted states of ~rcca wt:
1723 Etil AVEtR/E. 611001CLYN, 1~M YOAX 11230
qr Ot tUCh piaCR ii IMfy hOrf,ft~r b! dOSlynatC~ by wrltten nottCe
f~om t~s holder to th~ maksr h~rqof, on th~ tlete and ~n the _
ma~ner ~o~1oMlnps -
il f.200.00 PAIIAHL! A! fOllOlfS:
in cons~CUttvs wonthly lnst~~twants of =t~e.03, inctudjng -
~nt~rest at !h~ rat• oi /0.000~ o~ tM 1ST day ot tach ~ontt?
bep~nn~np AUf~tlST t. 1~a7. such wonth~y lnstR~t~ts shai~
cunttnue unttl.th~ tnttre Ied~btedntas evidencsd py lhts note ss
• fu~~y pald. exc~pt that any r~1~tn~ ~ndebt~dnesa, tf not soone~
~ patd shati beca~e due and piyabt• oh tM /ST day of JULY, 1~~7.
~ Th[s nots a~sy bt paid in par or ~n luii at any ltws ~rttAout
~ pena~ty. ~
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TAIS nOte wlth intO~Oit is aACU~ld by • IpoftptpA On reat estate. ,
of aven date M~eirfth. wade by tM waker he~sof tn favor of tAe ,
sa ~d D~Y~. ~nd sha 1 i bs twnstrwd a~ enfor :~d accord to~ to the ~
isws of tAe 8tate oi Fior~da. TM t~rr4s o/ ssid wortpap~ •r• by
th~s ref~r~nct wads • part•htr~o}.
If d~/au~! W wsd~ tn tM Wy~ent of any ot th~ su~s or lntertst
.~nt~onsd hsr~tn or in uid ~wr!Oap~, or tn tM p~rio~nce of
any of tM ap~~ewents Cont~lMd far~tn o~ ~n satd wDrtpap~, tA~n
th~ snti~~ Or~nctpae ww and accrwd tnt~rest sha1~ it tMr opt~on
of tM hO~dlr Mr~Of O~ at OI1C1 dW alRd Oo1l~Otib1• MLlfWYt
notic~. tl~t b~tn0 of tM ~ssena~s ~nA tald prt~a~p~1 su~ and
aCCI'YW If1tiPlit iMll bOtD bYx~ {1~tKq! tro~ such t~w~ tlntt/
psld at tM htphest rat~ •ttowabl• w~4er tM St~t~ ot flortaa.
Fa~lure to sxsrelst tA1a opt~on aha~t not ooe~st~tut~ a ws~v~r o~
t1?~ rlOh! to ~x~ra~s~ tlw saie~t ~o th~ ~vMR of any subf~OU~t •
d~~autt:
EiCA pffS0~1 II~b1f Ml~Ot9 MMtfNT MkK Of M1dQI~K~ hl~lhy ~
wo~v~s pres~nWnt. protNt, nottc~. not~w of pratqt ~ed nattC~
oi OtOhOnOr i110 ap~~!!! t0 WY at1 OOfts. 111QIYdif10 • rltiOMbl~
" attornsy•s IN. wftitMr suft b~ erou~ht o? not. 11 aft~r wturtty
01 thls eote Or Wfautt Mr~nde~. or undsr saJd wDrt~ape . .
couns~~ sA~f1 M s.iptoyed to oot~~ot th~• nats or to prot~et tM
securtty o1 sa[d ~ortOa~.
Mh~nev~r us~d h~r~in tM t~rws •hold~r•, `wqk~~• 11nd •pays~•
ah~11 b~ COnstrufd 1n tM •Inatlla? Or p1u~~~ tM oOflt~ltt w0y
r~qu~n or aan~t.
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