HomeMy WebLinkAbout1484 . ,
f
aeaig~a. the certaia promiseory note, of which the [ollov?ing in waarda aad figuree
ie a trne copy to•wit:
~ ~ ~
.
~ • v
MORTGAGE NOTE
~ R_HAA_M j~~ , Florida
_ , 196~
For value received, ~ ~ t
the malcer(s), hereby promise s_ to pay to E~,~R.A D ELOPM NT CORPORATION,
a Delaware corporation authorized to do business in the State of Florida, having its
principal offices in the City of Miami, State of Florida, the payee, or order, the
principalsumof~
with interest from ate at e rate of ` % per annum on the unpaid principal
until paid, such principal and interest on the unpaid balance to be paid as follows:
The sum of $ 11T~=!; ~
on or before the day of , 19~, and
a 1'uce sum on the same date of each succeeding month thereafter
until four (4) years from ciate hereo: at which time the outstand-
ing balance of principal and accrued interest shall be payable in
full.
All payments shall be applicable first to interest and then to principal. All payments
of principal and interest shall be made in lawfut currency of the United States payabte
to the order of payee, or order, and mailed to payee or to such other address as
payee shall designate in writing.
, The maker(s) may prepay any par# of or ail of t'r,e unpaid principal and accrued interest
at any time upon 30 days written notice ~o payee wi~hout payment of any premium. In
event of default the maker(s) will pay alI costs of collection including a reasonable
attorney's fee. Demand, presentment, protest and notice of maturityr a; e waived.
~
~ This note shall not be considered in defa~::t until 30 days after the due date of any in-. "
~ stallment of principal and interest. Should maxer~s) fail to pay any installment of
principal and interest when due before ~.he end oi this 30 day grace period, then the
• holder has the option to declare -the entire amount of principal tnen remaining unpaid,
together with all accrued interest, immediately due and payable :orthwith.
_ (SEAL)
t -
F ~
~ u,~,~ (SEAL)
~ ~ . nl~s+~ ~ol~!
~
and shalt perform, comply with and abide by each and every the stipulations,
agreements, oonditions and covenants of said promissory note and of this deed,
then thia deed and the estate hereby created shall cease and be null and void. °
AND the said Mortgagor, for their heirs and assigna, hereby ~
covenant and agree:
1) To pay all and singular the principal and interest and other sums of
• money payable by virtue of said promissory note and this deed, or either, prampt- ~
~
ly on the days respectively the same severallq become due. ~
2) To all and sin lar the taxes assessments levies liabilities ~
PaY 8u , , , , ;
obligatione, and encumbrancee of everq nature on said described property, each
and every, and if the eame be not promptly paid the eaid Mortgagee, ite succeesore ;
~
~
2 0 R
- ~ooK Z50 ~2g3 ! :
_ ~ _ w ~s,~ , ` • - - ~s~
: ~1~„
;&s~:~;t~t
'y.,
~`~::a
_ =