HomeMy WebLinkAbout0937 _ _ _ _
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ll~~ T1V~~ !hR same, Iogether wllh the ienemenia, hereditameni~ and appurte- ~
r~an~es lherelo 6plonginp, and Ih~ ?enls, tssues anc~ pro~ifs fhereoj, unfo i~e morlgagee, In fee :imp~e.
~nd fhe morlgagor covenants ~utf}~ fhe morfpagee ihat !he mortgagor is inde~eaaib~y SOJZPII of saic~
Ianc~ tn fee s(mp~e; Ihaf fhe moH~agor has gooc~ right and ~awfu~ aulhorlly to convey saic~ fan~ as a~ote-
s~i~: f~inf fhp morlnaflor ~ui[~ make such ~urf~er asaurances fo per(ect ihe ~ee simple ft(le to sni~~ Ian~ in ll?e
morf~ugne as may reasonably 6e requt?ed; that t1?e mor(gagor here6y /ully war~ants Ihe tit[e to satd land
. and ~u~ll de~encl tlie same against the law~u[ claims o/ aI! persons whomaoever; n~d tl~a~ aatd lond rs /ree
and cl~~ar o/ all~encumGranceseXCept taxes aceruing subsequent to December 31, 198b.
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~rou~ded ~iways, if~n! i~ said mortgagor shall pay unto anid mortgagee the certain promis- ~
sory ~ote hereinu~te~ au6atantially coptec~ or identif iecl, to-wil:
MOI~lOA6E NOiE RAMGO ~OItM S3 ~
= 2,200.00 Ctiarleston South Carolina ~
July 3~ , tg 87
FOR VALUE RECEIVED, ~he undersigned, (jointly and xverally~ it more than onej promiu~ to pay to
MELVIN R. t~1cNEIL, JR. and CAROLANN T. McNEIL, his wife
, or order~ in tht manner heninJter ~pecitied,
the principal ~um ot 'I'lJ0 TFIOUSANU TWU NUNDRED AND - - - - - - - - - - - - - - NO ~I00 DOLLARS
2, 200 . 00 ) with interast trom date at the rate ot 0. 00 per cent. per annum on the 6atance trom time to dme remainin~ uapaid.
The said ptiacipal and intere~t thatl be pa~rable in law(ul money of the United St:tei o[ Amerita at 1.29 Mulberry Drive,
Surunerville, 2S9C~~ or at ~uch place a~ may h~reaftcr be d~~signated by written notice trom the holder to the maker hereo(~ un
the d~tt and in the manne4Co~owing:
Principal payment of $220.U0 is due and payable in equal and monthly installments,
- beginning on August 1, 1987 and monthly thereafter until the entire indebtedness
is paid in full.on May 1, 1988
~ The mak~r reserves the right to prepay at any time without penalty.
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'I'hu note with intere~t is ~ecured b~r a mortgaRe on rext eitate~ of even date 6erewith, msde bv tbe maker bereof in fsvor of the taid
payee, and atuU be coru~rued and eniorced accordins to the lawi of the State of Fbrids.
lt detault be made ia the psymeot ot s~r ot the sum~ or inevat mentioned herein or in aid raortaage~ or in the performance o!
any o( t6e a~ceemenu coataiaed herein or in raid mortsage, then tbe entire principi! ium and accrued iaten~t ~hall at the option of the
holder herw! become at oace due and coikedbk without aotice. time bein~ oE the easence; and wid principal ~um and accrued interest
~haU both beu intere~t trom ~uch time untJ paid at the hishat rate al{owsbk under the laun oE tbe State o! Fbrids. Failure to exerci~e
thu optioa thaU not wn~dtute a~waiver of the tigbt W eaeniu tbe same in the cvent ot any ~ub~equcat default.
Each peran Uable heteon whether maker or endorur, buebr waivei praentmeat, proteK, notice notice oE prote:t aod notice oE di~-
bonor and asreet w pay aU costs, includins a reawnabk attorney'~ tee whether iuit be broua~t or not, i~, atter matunt of thi~ note or detauit
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hueuadu~ or uadu uud mortga6e~ ~rounul ~haU be empbyed to ool~ect thi~ aote or to pmteet the ~curity of sai mortgage.
Wbenever uud herein the temu "holder", "maker" snd "payee" thaQ be ns ed ia e' or plura! ai the context msr
requirt ot admit. r/~~ - I
Msker't Addre~ ........................(SEAI.) I,
""'ttI"CRt?I''"F{0 ON ' ~
1680 B. East Jackson EA
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Ctiarleston AFB South Carolina 29404=2238 ' ~ R~,~ ~
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