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HomeMy WebLinkAbout0977 i ~~~~d ihA same, together wtlh the tenementa, ktnditams~b and appurte- nancrs Ihereto 6elortging, anc~ fhe ?enis, taauet nnd pro~tft thereo~, unto fhs ntortgngoe. in ~ee aimp~e. ~1~ the mortgagor covenants with Ihe mortgagee that Ihe mwtgagor ia indel.a,~6ly ~eized of iald ~anc~ in fee simp~e; fhnt tf~e morfgago~ has good right and ~aw~u~ nufhority lo convey ~aid ~and at u~oro- said; that the mortgagar wlll make auch Jurther asauronces to perJoct the /ee iimple title to aeld land in the mortpagee as may reasonab~y be requtred; t~at the mo?fgago~ he~by (ully wa?ranfi fhe ~tif~e fo aaid ~ond and will de%nd ihe aame agAtnst the lawJul claims oj all penons whonuoever; and tF~at aatd la~d t, ~ree and clenr oJ al! enc.um6rances except taxes aceruing subsequent to December 31, 1986. . n'... ~~V~~ ~tW~s~ lhat i( satd morlgagor shau puy unlo soid mortgag~e tke cerfain promb- sory note {?erbina(ter su~iatantia~ly coplec~ or iclentf~ied. !o-wtt: MOIIrSAit MOTi - i 3,250.00 Kokomo IN , August X /O~ . 19 87 FOIt VALUS ltECLiVED~ the ~~ncd. (jointlp awd rererally, iI a~ore dun a~e) pron~i~a eo psr to MAXINE CHARNEY ~ ~ er order, ia tbe ~san~er ?ereiwatter epceiticd~ t!u princip~! w~ a/ THREE THOUSAND TWO HUNDRED FIFTY AND NO/ 100-------------------- /t00 DOLLARS ' (i 3, 250. 00 ) wit1~ iater«t fraa d~te at tl~e rate d 12 per ccat. per aaeuas w el~e l~ace tcos t~e ta tieae ~emainin6 tiap~id. Tbe wd principal and bnesat ~all be paya6le ia lav+(rl aaeer of t~e United 8tsta ot Aaiaiu at 11 Bernardo Lane,Port St. Lucie, FL 34952 or at wch p~a~e as mar M~roatter be drsianated br writtea aotke (ran the hoWe~ 1o tbe awker hered. on the date and ia the manaer toUowins: In equal monthly installments of Principal and Interest of ~107.95 commencing on September 21, 1987 and continuing on the same day each mouth thereafter for a term ; of 36 months (3 years). i ~ ~ ' ~ f t C t ~ ~ The maker hereof reserves the right to prepay any and all amounts at any time without penalty or premium. Tha nwe aith intcre~t i~ ~ecuird R aiettR.Rc on real ewte, ot ercn date here~ritl ma~de br tl+e maker Aereot ia f~vor o( the aid V~m. ~nd ~hdl be ca+sen~ed and eat~ accasdi~ so the I~w~ d tlwe Mste d Florida. T~e terar ot aid mott~a~e ~rs bp t4f~ teteesnu nude a pare Aereoi. • 1f detault be r+ude in tke r.ne~t w( anr Af tJ~e wnN ot iate+e~t iaentio~ed bereie or in wld ma~t;~e~ or in tbe pedotrnance d anr ot the a~reea~enn oonai~cd ~ir or M aid nareda~e• ti?en the entire prineipsl aan aad aeerued int~nst d?ap at t1~e option d ehe holder hereo( become ~t onee due and collectibk withotit aetice. tlme beina of the eaena; sad wid pnncipal wua aad accrued ineere~t •hai! both be~r intere~t (ran wcb time rntil paid ~t the hi~bat rate aliw.sbk nader tl+e ~avn o( ehe Sta~e d Fbtid~. Failure eo aoerci~e this option ~IuU aot eowtit~te a«rairer d the ei~IN to; e~oercae d~e ws~e iA tbe event a1 ~a~ rnbeqweat def~tilt. Bach peran lisbk hereon wheehe~ maket, or;eqdcx~er~ hcrebp Mraivn praeetn+cet~ protnt, ~otke notiee d piole~t ~sd notke ot di? honor and asrce~ to pa~r ap eow. iach+din~ , r~sa+~sble ~ttoraey'w ter nbetl~ wit be brousht oc not, i~, after ea~t~nt~r e[ this note or dda~it hereundu. or ander wd aortdnte. oou~el ~haN b~ empbred w eol~eet Mit ~ecs or w pnoeut tue rawitr at afd ~wrt~qe. Whcnrver wed heniu the ternu "looldes". "maker" and "P~TK" iaU be ooo~r~ed ia tLe dn~ulsr a~ pbrsl a t4 conec:t mar requi~e or admit. ~ ~t~ker'~ Addreu X. .......:~:t~................(SEAL) RD L. N I L~ ~ ~ rC~.l~..T.~~... L~~ .(SEAL) PEGG~(,~ J NO N , ....4.103...Mi1~,..~4uF~a...~Sokomo~...IN.....46902 ........(s~AL) 1 . .......................................4~.~K.1~..~ . ~AGi.....~~~..........~s~?t.) 1 ~ _ _ _ _ _ . _