HomeMy WebLinkAbout1583 • • ,
. 1l~ido Ne1~' . .
f~d M~ly M~d~w~t , . ~
. . . : MORTGAt3E NOTE ~ ~ ~ .
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s ~o,ooo.oo ~ ~ ~ ~ ~ J,~?~ug ~a. - : , ze 64 ~ ~
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FOx VALiTS RSGEIVI~D, t~ una~gaea ioi~t~,i? sna ~~rer,atr ~ro~~ to ~o t~e ora~ ot
' GULF I.IFF, IN3iJRANCE COMPANY. et its o~ce in the Gulf Ltfe Buildins, Ja~c]awnvllle, Florlda. ~
. or at sach other addrese ~s the hoWer, iran time to tJma may apecifjr by ~wrltten notioe to m~ker~ the
. principal wm oi . . . . ~
'lbo ~ouss~d e~d lfq/3100+«...
~w~I . •W~MMM~NMN~M~~ +Y~La+M7~ .
~~lAi~04 ~
bogether with interest at the rate or gL~t pe~e oentnm ( 6 96 ) pei' anmm~ on :
= the whole ~n?oant of auid principal aum reau?ining irom bime b~ time nnpaid, irom date nntD m~ttarity. i
, • both suid principal sum snd interest being • p~yubte in lawt~il mone, ot the United Ststes oi America ~
E in month)~? i~~ata~ienta on the dates snd ~in the msnner Aa iolbws: . ~
. ~ ~ ~ • (i ~•39 ~ ) Doll~rs pa,yablo on tbs . M~ . . . . ~
~lay o! each ~?d every month, beginniag wit4 the !ii'et d~,y o! 8e~emUe~t .1964 , as~d p*y- .
ment each month 'to be ~ppl~ed firat bo the pa~yment o! intereastt then aaiued on ssid prlncipal sam re- ~
msining unpaid. ~nd the bulance applied to the rednction o~ :ssid princip~?1 smn, untU the whole oi esid ~
PrinclW~1 aum. together with interest thst ahall beoa~me due dpon decreaaing ~mounte thereol, s3~sU havs ~
been fui4 Patd. ' • . r: . . :
~ ~
~ Option ia grawted to mai~er hereo! tn each yesr o! the Hie oi~thls mortgag+e aa~be~ to mstR withont pe~
~Y. P~~?ta o! ~100.00 or multiples tt?ereof, on the prlndpal hereo~. in iuldition to the regnl~r mont~
b? P4ymenta apecifled i?erein; provided sach adc~fHonal psym~ts do noR in the s~~r~te. ezoeed 1696 0!
~e original prtncipsl anm o! this ndbe. The rlght to ezerciae anch option is non~amal~tive and ~t the
option ia t~ot esercised or nat ezerciied in full in s partic~Ltr. yetr. snch additionat payments pesmitted
in aach year esnnot be made ia uiy aub~eqnent yesr. Maker .~1so ah~ll tie a?~tled to aute fnrther p~y-
• men'ts on the pzincipal #~ereot~ provided t~st, dnring the Srst 8ve-y~r perlod a?~ter dsbe her~oi, s penalty
o! Sy6 shatt be charged on aqjr sad~ pa~ymer~ta in a~y year ~n ea~cees oi re,~ular month)y payments and
P~Y~~~ aee~8ating lby6 0! the origtnal principsl awn in say snc.l? Year'. Atter five ye~ra irotn the :
dute hercof, sdditional paymenta ol;100.00 or multiples the~eaf, or prep~yment ia full, may? be msde ~
withont penq`lty. ~ ~ ~ '
. ;
Ii delunlt ba made in the p~yment o! any oi ~aid raonth~y 3ASWimenta, anch wm or wms shmD there- ~ s:
after bear intereat ~t !~e rate oi eignt per oentum per ,~nnvin unal r~id, +uW. ~tt ~he cption os the holder ~
hereof, the entire prL?cipst snm thpt rem~dning nnpaid with accr~ed int~rest ah~ll innnedistely beoome
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interest at the rate ot eight per centam per annan~. Failare to e~cerciee this opdon dull aot oonsNtute a
waiver ot l~he rlght to eser~3se anch option in the event of an,y aubseqaent dsiwtt. i'
I
~ ' The ~ett~era and endorsera fier~oi e+~ch ezpressly ~ive P:'esentment, ProtRak natioe oi dishonor snd .
notioe of protest and agree to puy all oosta, incinding s reasonable i#Arney's iee. wfiether auit be '
bmught or not, if sttpx maturtty ot thia note or default her~under aounael shsD be empbyed to-aul~ct C?
. this note or any monthly installment dne hen.wnder. und oonaent that the hokler hereoi, st the requeat
~ oi any other person li~ble herean, may e=tend the t~me at p~aynnent orotherwiee modify the terma oi pay-
ment ot any pa~t or the whole oi the debt ev~denoed hereby snd wch conseat ahall not slter nor dim~ ~
. ; ish the li~bility ot a~y pereaa~. ~ . F , _ . . . . ' .
. TlrJs note ii aecnred by mortgsge on resl estate o! even dt?te herewlth. . - :
~ P. O. Addre~s: ~ A - . ~ .............................................................(~EAL) ~
8oot 10~'j3 . • ~ • ~ . : . .
~ ~aa~ P~era~« l~rocri~a igg~~ .
. ~ . . . ~t~itaR.~pisi~it . ~
~ Enaor.era: . . ~ - . . ~ . . . _ .
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~ /S~ ~~IIi S~t@ aOCWYlBiltil'ji ftAR1~16 , - " ' - • - , , . . ~
~X~ t0 Or1~A~I NOtB ~Ad C~1l~BI~. ' . ; ~ , . . + . . _ . , ~ • . . ; - . .
! ' - . t`~• , . - : " _ . - -
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~ ~ . ~ ~ ~ ~ 95 Ft;.r 382 ~ . .
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