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HomeMy WebLinkAbout0269 ~I'(l~'I(~~'Q~ AIN'a~'~~ tlia~t if sai~l .hfort~cx6or .hall pay r~.~ato tl~t~ ~,ui«? .AlortQ~r~~~t~ tlae certa-ir2 prunii~5sory note, of'rc~itic~lr. tlee folluiriits in u~ord.~ crrrc~ ji~r~res i, ~r trrrc~ cu~»~, to wit: a 19~ OOOs~1Q _ F~rt J?~e7C'Ce~ Florida, Ma?Y i2 ~q 65 . Fot value received the underaiL¢ned promises to pny to the orcler o/ p1°~UL .H=S` 8I1S3 $DNA S~_____ HIGCyS the principal sum o/. Nineteen Thous~nd and ri0/I.00---------W----~-~nollars (SSx~ ~ 000. 00__ ~ rogether urth intereat thereon Irom date, at tht rate o`_ jr.~r ce~it, per ~rinunl until maturih~, sai~l intrrest bring pa~•ahle84Ti1~.-annuaZl~'n the .Zlth ,fa~• ,]!TOV~.'IO~J~l" -and~.x_ 1.~- each year; both principal and interest 6eing Ewyabte in lau•/ul money o/ the United Stntes or i<< eqr~icale~it, at.~__~-._____ _ ~ St. I,ueie_ County $dTl}C said principal sun? to be pa~nble ori the dates and in the amncints speci/ied below, to-u~it: ~ Z~ Nine Hundred Fifty ($950.Q0) Doll~rs on the llth day of November, ~ 1965, and a 13.ke sum on the llth day o~ ~y, 1966, and each six ~4 (6) months thereafter, until the entire pr3ncipal sum be x~aid in F ~ full. .f x a This note and mortgage rnay be gre-paid ati any tina after Janaary 1, 1.966 without pena3ty. Each maker end rndorser sever~ily walcea demanst, protest and notlce ot maturity, non-pey~r.ent or {~rotcat ;cyut;ements necrss~irp tu holc~ earli o2 them llabie n.s makers end endprser3 F.xch [naker and endorser turther agrees, ]otntly and se~~etally, to pay all castb of coltectton, Inrludtng a rr..~ ~r.ururp's fec fn case the prlnclpal o( thls note or any payment on the princlpal or any interes t tAereon 1s not patd at the re~pectlte tni+;+..:... U~~ re~~f, or 1n case 1t beci.mrs necessary to protect the security htreof, arhethei sutt be brought or not. 'I'i~i. nate and tleferred tnte~, t ents shsit bear tnterest at trte rate of _,_~l,`[*_-_ per cent, per snnum trom r..,:: r:c~: ur.t11 paftl. Thl; i:cte ls seeured bt• a 3.~~~ mortgage ot even date herewlth hnd is to be cot~strued and eiiforced ac~~,r~:~.i._~ ~!.e !,;w~s of the Sr;~te o: Flortda, upon detault in [he payment of prlnNpal ai~d ar intezest due on any noie secured by~ satd atort~.~ ;r, .ii1 ~rcurrd ac;d re~t:alnu:~ uupaid shall iorthwith Cecome due ar.d peyable natwithstandinR their tenor. . _ (5E`kl~l ~ , L.V.Y`~ u t ' _ (SYA~ . _ _ _ _ , GIADYS I . COOPER. a~ld shull J~erfoint, rnnr~~lz~ z~~:th cr~rcl al,icle l~J c>~eli alid et~erJ the stij~ulati,ons, a~sree~rzen.ts, co~zditio~is arad cor.~e~ta.nts of said ~+rorrtissor~ note uncl of tlris deed, theri this deed an.d the estate her•ebr~ created shall eease and be rt~tll ctrz~l uoir~. 1~.I1~ the said ~llort~sa~or hereby co~~enants and ao~°ees: ~ .1. To ~,uz~ ull c~ncl <cin.gatlar t-ja~ nri.nci~nl rzttrl r~rtf>rf~.st aittl ntjarr ,,t~~n< <,j' ~rzotte,~~ ~ /~~r~able l~r~ r~irt.a~.e nf sr~id prorni~ssurt~ ~rnt~~ rri~rl tlti.e clc~~~l, or ~itlt~~r, ~~rr,?ir~~tlr~ ~»r lhc c~~rr~s respec~ti~t~elJ t.lic~ s~r~»rc~ ,e,i~era~lli~ c~nnt.~~ ~lue. ~ T~~ ~1rn~+ all uttrl ~i~t~ttlur fltc~~ t~rxf~s, u.~.tE.~s~?~t~~~?~fs, l~~i~i~~ti, li~~l~ilrtir~.~, ~,l~lincftin~ts crrr~~ err,ct~m.larurz~ees of er~er~ ~tcttt~re nii s~ricl ~lE~.s~~rihr~cl j~r~>>,er[r~ ~~a-•~z !rjrcl er~c~rr~, cnz~~ if tlze same de not promptif ~~u.i,ii 1%Ge JGGGC['. „ilV%'[~t?~t'E Ti1,fL~ Q-t iZi[~ i7732E ~iIJ i~~- ~~~7i)i~. withaut u•aivira~ or aj~'ecti~t~ the option ta foreclose u~• an~ ~z~>ht hereurider, ancl ez~e»~ par~nterzt so ma,c~e sjaall bear interest frona tjie dccte tfaereof at the rate of six ~er ce~et. per anraum.. + To paz~ all ~nd sin~ular tjae c~~,~t.~, claf~rc~~~s cei~rl f~.rJ,~~~~ses, i,r~~li«liyz~s la.rrrler',~ ' fees, reasc~rtahly iaacurred or paid at any ti.nte b~ sa~c~ ~'tlort~sa~~ee b~car~se +~f thc failr<re j ort th.e ~~art of tJtc stti,d ~~Iort~cr,~or to perfi~r~rz, c.onaf~lJ rrl(Il- UIICI ~rl~i~Ic~ I~J c>uch ajacl ~ ez~err~ tlte sti~>rcZatio~as, a~reerrrerits, eortditr'orrs arrr~' c~nt~ena~rts r~J` ,,ctrc~ >>ronri.~,soi~~~ note I and t/iis cleed, or e,ither, arad ever~ srccla- ~>a~rrzeraf shul.l l~ear iriterest f~°onr elafe at tlre ; rate of s ix per cerz t. pe~° an~r ur~a. 3 'i ~ T~ k•c~t~~r thc> httil~lirtn nr.~~r r~r h~r~>aftc>r n~r .ti:lrrl lrrncl in.surr>+l in a,~r~nt itrlt i lrss tli~i~~ remaining balance af unpaid principal o~ this mortgage 1~43{2[xs, in ~z c°~»rt.p~l~ti/ ur c~~~»~t~~~~nrirs to ~ be, ap~~ror~ed bz/ sai,d .,'tlortsa~ec~, and fhe ~olic~/ or polici,es h~ld hr~ rtiar~ pa7~a.ble to saicl ..3~ort~s~c.~sc~e, ar-r~1 i~r the ez~~rit arrt~ srcr~i of' r~tort~~~ beeonie,~ ~~a~abl~ rr-frc~E~r• ,stcch ~~olicJ r~r 7,~~olicies, tfr~~ ~1lort~a.~?ce shull hu~~e the opti~n tv r~eceiz~e arz~l ~c~pl~ tlre sanz~e on uccr~rurE of the i.n~lebtec~~aess hcrebrJ s~crcred or to pern~it tlze ~~Iorf~a~or to receiz~~ ~rnri zcsc~ it, or i an,~ part tlterf°of; for other ~~rcrposes, z~~r.'thorc,t th~rebta t~~ai,z~in,~ or inrprziri~r~ ~rnJ e~jrtat7~ + lien ijr ri~jtt Zl,lZ(ZeT• or b~ virtue of this rraort~sa-~e, a~ad ni~rr~ 1~lrzce a.nrl J~ar~ f~r sr~-clr ~ instc.rrtrzce or a.n~ ~~art thereof; 7rith,orct ti~aif~i.n~ nr a~'ectirz~ tyae o~~tie~rr to f'or~clo,se ~r e~n~ ri~yet hcretcnder, and each and every such payment shall becLr i~rterest fro»a datc r~f the ru~te of s ix per cen~. per c~nn urrt. 9C~i!+~1~ ~