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HomeMy WebLinkAbout0830 ~rDU~1P~1 MIlUM1J$, that if said .1{~ort~a~or shcLtt pa~/ unto the saicl .Mort~'a~ee t)te certuin prnmisaory note, of which the followin~ in words and ~~ures is a true copy, to wit: - - - - - - - - - - - - - ~ INSTALLMENT NOTE ~ $a~~~`~ Fort Pierce, Ftorida, ~~b 10~ , 19~ For val ve w ly an eve ly as n i al omis pay without defatcation to the ordsr of ~d6i~ ~ox~ _ _ • w. : ~~o~. ac o: u ~ :~a_~"' at the sam of ~ ~ ~tl'~D ~ ~ i . S8/100~ s • • DOLLARS~ with interest from date at the rate o~qo per annum~ in monthly installments, payable as follows, to- wit: ~'I!?!~N A~O I~/100thi~? • DOLLARS, on the l~b day of ~i1 . 19~ and ~~n~~~ ~ DOLLARS. on the 1~ day of each succeeding month there- after until the whole sum named is fully paid. EacA installment ~rat s6a11 be applied in paymeat of We interest and Wen on We unpaid balance of the principal sum. If default .s made in the payment of any installment when due. then~ at the option of the payee all t6e remaiaing installmeats shall become due and payable at once. Privilege is given to pay two or more inatallments at any time. Should it become necessary to collect this note throngh an attorney. either of us, whether malcer, surety or indorser on this ' note. hereby agreea to pay all costs of collection, including a reasonable attorney's fee. The malcers. surities and iadorsers hereof severally waive preseatment. prntest and notice of protest for non-payment of this note aad agree that t4e tlme of its maturity may be extended before or after maturity and do further severally agree to any re- newal thereof before or aiter maturity~ without notice of t6em. ~J.60 /s/ Kenneth R. York ( $ State documentary - (SEAL) atamps attached to original /s/ Bernice J. York _(SEAL) n~te and cancelled) - (SEAL) ~ - (SEAL) an.d ahult perfo~rn, comply with and abide by e~ch and every the stipulations, a~ream~ents, eondition.s and eovenants of said prorrcissory note ccnd of this deed, then this deed cand the estate hereby created shalt cea,se and be null and void. ,~tt~i the said .hlort~sa~or hereby eovenants acnd ci~rees: .1. To pay all and sirz~rcdar the princapal and interest and ather sums of mone~ payable by virtue of s~tid pro~nissorJ ~aote an~d this ~leed. or eit)ter, prontptlJ on the days respectivety the sa~ne severallJ co~ne due. ~ _ Q. To paJ all a~ul sin6ular the taxes, assessments, let~i.es, liahilit.ies, obli~'ations ` and eneumbrances of euerJ nattcre o~a said described proper6~ each and every, and ~ if the same be not pro~nptly pacid the said .Mortga~ee »uir,/ act any time pay the s2me ~ without waivin~ or af)`'ectin3s the option to foreclose or czny right hereunder, and every ~ payrrient so ma~de shall bear interest front the date thereof at the rate of ~ per eent. per acnnum. ~ ~'o pay all and sin~uZar the costs, cltar6p~ an.d expenses, inc.lutiing lawJer's ~ fees, reccsonabZy ineurred or paid at dny time hy sccid .M'ort~ac~ee beeause of the fcr,ilure ; on th,e part of the said JKort~a~or to perform, compt~ uith. and abide by each and F every the stipulactions, cagreements, conditions and covenants of' said pr~missory note ; and this deed, or eitlier, and eaery such payment shalt becLr interest frorrL date at the rcLte of 89i per cent. per annurn. - To keep the bu~ldin~ noTV or hereafter on said land insrcred in a sum not ~ less than $12 ~ ppp~ pp pY=e and Extended coverage 5 Dollars, in a~ compani~ or companies to ; be acpproved by sa,id Jl~iort~dgee, acnd ~he polie~ or polieies held by and pccya,ble to sa'id > .kCort~a~'ee, and in the event acny sum of m,onpy becomes payable under such polic~ or ~ polici.es, the JKort~d~see shatl have the option to receive and ~pply the same on account - ot the indebt,edness jiereby secured or to permit the ,iKortgagor to receive cand use it, or ~ any pacrt thereof, for other purposes, uzthout thereby waiving or impairing any equity ~ lien or ri~ht under ar by virtue of this mort~2~e, and mayr place ccnd pay for such ~ inaurance or cany part thereof, uritlwut waiving or af~ectin~ the option to foreclose or ~ u.ny ri~ht hereunder, and ecich and every such pc~yment shall bear interest frn~n date & a~t the rate of 89~ per een~. per annu~n. 9 gooK 140 . 2`~7 ~ - ~ ~ _ . - _ _ _ _ 4__. _ ~ 3..~~~ ~ ~ ~ ~