HomeMy WebLinkAbout0948 i;
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~o ~iave and to ~otd t~ie sam~, !a{~~t~~er irif~i f~~~ teriemer~fs, hc~re~ ~l~menls nn a
nanc~s t{~erefo ~~elonl~ing. ~?~d ~l~e rents, issurs nncl pro~its 1hPr~o~, ~u~fo f~~n mortf~n~ee, in fee simp~~.
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- ~nd fj~~ mortrya~or coi~enants wi!{~ tl~e morlgnc~er I~~af fh~ morfga~or is inc~eJeasiE~~y seizec~ oJ sai~l I
~ lartc/ in ~eP simp~e; t1~a1 the> mortt~aflor has c~oocl ri~~il nn~l ~nu~~u~ autl~orify to convey saic~ ~an~~ ~s a~~r~ I,
+I snit~; i{~ni thP mortgagor u.ill ncz~c' 3it(:~t lstrt~rt asstircences to ~?~r~ect !~?e ffP SIflI~IC fif~~ to saicl ~anc~ in I~~e
li mortgaflee ns may reasona~~~y h~ requirec~; thnt the mortgac~or Iiernf~y ju~~y warranls I~ie titl~ to s~~~d !~?~d II
~ and will defend !he same ngainst th~• lau~~ul clain~c o( all p~rsons u~homsoet~~r; and t1~at said !a?u1 is (~'ee
( nntl clear o( a~~ e?icum~~r~nc~s
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' roue ed ~ways, t{int i~ saic{ mort~n~/or s~~a~l pay u~+to sai~l mo~l~agee the cerlain promis-
sory note hereina~ter su~stantially copie~l or ic~enti(ie<~, to-~oit:
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I N STALLM ENT N OTE
b o~n~nnn,flfl c~.: D~nr`n F~~.~.la, ~ditUdl"Y 2~ 1988 '
For value received v~e, jointly and severally, as pr;nicipal prom~se to pay w~tliout defalcation to the order
of_____JOS.EPN_ J._LACH _
at the office of said payee in For1 Pierce, Florida, the s~n? of __Eight Hundred_ Thousand ($800,OQ~.~O~
and no/100----------------------------------------------------------------
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with interest from date at the rate of eight g~o per annum, in RlOfll ! i stallrn nts, ab f~l ows to-wit:
$1,578.08, being interest _o~nly fro~n ebruary 20, ~~8~ to N~arctf'~, ~9~~, ~LUS
Ni ne Thousand Seven un re ~i
x& 21,bt~L~RS, o?, rne_ Is~._._day of___Mar~ ~~9 88 ~
d~d _Ni_ne__Thousand Seven Hundred Si x'~~LAR$~on the St____,__ day Qf each succeeding month fhere-
after until the whole sum named is fully p .
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Each instal!ment ~irst sh.etl be appiied in p e t the nt d then on the unpaid balar,~e of ~he principe! wm. If de(ault
~ti made +n the paymem of any installment when d at ti th ayee all the remaining ~nstaltmeMS shati become d~e and
payabie at once. Privilege is g~ven to pay ~wo or mo~e ;nsta im .
Should it become necessary to coilra :his ~ote through a atrorney ~ther of us, ~xhether maker, wrety or indorser on this nore
, hercby agrees to pay aIt cos+s of collecfion, including a reasonab!e ai~omey' e.
~ The makers, s~ret~es and ~ndorsers heieol severally waive p!esentmen:, protest and not:ce of protest for non-payment of this note
ar.d ag~ee ihat the r;me ef ~'s ~atvrity may be extende~ before or afte~ maTUri~y end do fv~ther se~erak!y agree to any renewal thereof before
, cr ef~er maturity, without r.ot~ce of fhem.
; JSL EQUITY CORP. _ (SEA~) ~
8y' (S~At) ~
I t-awP~r~c~-Iar~~accorre - - - ~
' _ _ Vi ce-Presi den~____~ ~sEA~) ~
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Attest: (SEAL)
N~N _ F;:,,.~; awre ce ianna~c~ne ~
- - ecre~ary
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