HomeMy WebLinkAbout0983 ~AV~ ~ L~ 7W11~ the same, together wJlh ll~e /en~m4nti. ~?t?~ditomantr and appurte-
nQnces thereto be~onging, anc~ t~e ren~s, tuues and pro~ili t~ereo~, unlo !h~ morlgagee, tn ~es ~imp~e.
the mortgagor covenanla wtth the mortgagee that the mortgago~ i~ tndejewi6ty setsed of ~ald
Ianc~ !n fee stmpje; fRat f~e morfgagor has good right and law`u~ authotity to convey aatd land as ajore-
said; tl~at lf~e mortgagor wi~~ make suc}i f urthe~ assurancea to perlrct the ~ee atmple tttle to ~aid Iand in II~e
mortgagee as may reasona6ly be ~equt?ed; that Ihe mortgago~ here6y Jully wananii t1~e litls lo satd land
and wlll deJend the same againat ti~e law/ul clatma oj a[I peraona whomsoeuer; and that a~td Iand t, Jree
and clear o( a!l encum6rnnces except taxes accruing subsequent to December 31, 1986.
. j~!..,
~V~~ ~1W~S~ that If safd moHgapor shal~ pay unto said rnortgagee fhe cerlain promir-
aory note /~ereina~ter aubatnnttally copiec~ or Iclentl~tecl, !o-wit:
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i.+a~y~p~ iiw~. Fi~. i~r+c~0+~ ?~iN611 id lAOd.'MY I~W60~ltt"ILR~u ~iN!!! - v••... .
' Mortgage Note
s...~.r.1,6Q.,,00 F~.,....P~.erCe......... F~o.~a,.......October_ 2b..... ~9....87
,
FOR VAIUE RECEIVED Iht w+d~rci9r~ praniss~ ~o pay lo Ihs ordH ot
VENIA A... RE~MHART
.
~he p~~~ci~~ o~......FOUR...THOUSAMD Q(1~E HUNDRED SIX7Y.,AND„NO1100-,-.-.-,-------------------------- poue~s
lopalher wilh inlsnsl Iherwn a! tM re1~ d...........9.0 ~M, r~a .............October 26:,....1.987 - .
unGl m~lurily, bolh principal and inlu~sl biinq p~yabl~ tn Lawful Mone~r of th~ U~wt~d SIs1~s, wch pincip~l sum aed inl~nct paya~t~ in ins~allm~Mt as lollows:
7he said principal sum of ~4,160.04, together with interest thereon sfiall be payabl~e
in the following manner: Th~ sum of ~4,160.00 together with any accrued interest to
be due and payable in~full on July 26, 1988.
This note may be prepaid in whoie or part at any time without penalty.
Such in~lallmeM paynMnts sA~ll b~ sppl'ad firtl to 1!N intu~st accruinp undet the Iwms o1 IAis nol~ u~d IMn to a ~~duclion ol Ih~ prineip~l indabledness. I
Th~ mako~s and ~?dors~rs of ~his na1~ hr1Mr a~~e to w~iw d~niand, notiu d non-p~ymH?t ~nd prot~:l, and in ~h~ iven~ sui~ sh~ll bs brouyh~ for ~he
coll~clion hKwt, or Ih~ t~rt~s Mt lo b~ col{~ctd upon demand of ae s~torn~y, to paY r~ssonabt~ ~Ilana~i (Mi (or maklnp such collxtion. A!I paym~n~s here-
undsr shsll beat inleresl a1 fhe ate o(~X.........p~rcent per annum Irom iralwily unli! paid. ihis nole is s~cund by a morl9aye ot sven dafe herewilh and is to
be cpniiruad and ~laad ~ccadinp lo IM law: ol tM Sta1~ of floridaj upon d~lault in Ih~ payrmnl of ptlncip~l sr~dJor in~~rss1 wh~n du~, ~h~ whole sum ot
princ~pa) and inl~rs3t ~~ainit?p unp~id shsll, al IM oplion d th~ hold~rs, i~com~ irr~diai~lY dw ~nd p~Yabl~. Failur~ lo ~z~rci~s Ihis option shill no1 cons1i1u1•
~ waiver ol ~h~ ri9M lo ~xsrciw IM wnw in IM wMt of wb:~qwM dsfauli.
DlyAbl~ ~I.......$l~!~+Q..~a.~~w....~.~L~R~.~n.....~~.w.~...V.1~~.2 ~O. .L.. ..~.~e.....L~....p. ...................~$EAL)
Clinton, MD. 20738 ~ .A as 7rustee
r~. ~ • ~ (SE~y
.
or such o1Mr plac~ ss ~II b~ ..............................................................:...(SEAI)
da79na1~d by tM holda o( Ihis
no~e in wri~in9• ..............................~SEAI}
600K 562 PAGf ~7~~