HomeMy WebLinkAbout2089 - ~1~~8, th~a,t if said .~lfort~a~gor shacll -par,y untp the ~a~id .K'ort~a~ee
the certasn prnmza8ory ~vte, of whuh the follounng i~ w~om~s a~c~ ft~r~nea ia a trr~e cop~/,
to wit: . . .
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INSTALLMENT NOTE ~
U
a s00.00 Fort Pierce, Florias~ 19~
For vslue received we, joint~y ~?nd ~evenlly, sa princips?1 promiae to pay without defalcation to the order
of _~a_~~r•
st ~Oi~! ~~w~~M DltlM~ ~ he! ~s+M~ t~a~d~?
ths sum ot ~ ~ r • • * n~ ~ llil~ N0~/100l1ur~ • r s • s • ? ~1 • ~oLLABS,
with interest irom date at the rate of~96 per annum. in monthly installments, psyable sa followa, to-
~!1N w10 1Oi/100~~ rDOLLAR3, on the._~~ day oi 18 ~7 .
wit: ~
~d •••~~~?1~~ ~ bOLLAR3, on thR 1~ dAy oi exch aucce8ding month there-
xfte~r until the whole aum named is ful~y paid.
8ach in~tsllmaAt Btat sball be appUed in payment a~ the intsrest aad t6en on the unpaW balance ot the P~iaclPal sum. If deEault
a made ln the p~7~at oE an~ installm~t vvhea due, t1~en. at the optton d th~ nanee aIl the nmainin~ insbliments shall beoome
due and ps~?abie at oncs. Prlvile~e b~iven to pa~ two a more inatallm~ts st aay time.
9~ould it become uecesaars to collect this note through an attorns7. eitber af w, whetha maker. tareV or indor~er an this
uobe. Lereb7 ~~rees ts WU? all costs af cdlectian. inctadin~ ~ reasonable attvrnsy's fec. ,
~e makers. aprities and indorsers hereot aeveralb waive pere~entment, Pcote+t utd notke cf Protest for non-payment at this
note and aBroe that the ttme at ita mataritY may be extended beforb ar attae mat~n3qr and do further severaDy agree to anY re-
ne~ral tbereat befoe~e at~ sit~r maturiq'. witLout notice ot tl~an.
{x State documentary ~s/ Ivory Moore ~s~~
atampa attached to original - /s/ Wilester Moore ~g~,~
note and cancelletl) . _ ~
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(SEAL)
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` and slucll perform, comply with and abide by each ctnd ever~/ the atipulations, ctg'ree-
' ment~s, conditi,ons ccnd covenanta of so,id prnmissory note aru~ of this deed,. then this
c~.ea't u.~ul ihe est~ate hereb~ creacted shall ceo,.se aru~ be ~tull a,nd void. _
,~11d t.li,e so,id JKort~cc~or hereby co~venacnt8 and ct~ees:
1. To pay acll aru~ sin~ular the principal and interest and other sum$:=of moieey
t . pa,yaclile b~/ nirtue of said prorriissory note and tlus deed, or eith~er, prorriptly on the
da.ya respectively the same seve~lly come due.
To po,y.all and singula,r the ta.~es, -as8essmenta, levies, licrbitities, obli~atwn$
~ mnd e~scumbrdnces of every nature on sa,id described prnperty each and eve~, and if
~ the sccme be not prorraptly pctid the said .1Kort~ct~'ee may a,t dny time pacy the Sc~~ne
tuithout waciving or acfj'ectin~ the option to foreclose or dny right herercnder, and every
pauJm,ent so ma,de shalt bear interest frorri the date thereof at tite rate of g per
cent. per acnnurri.
To pa,~/ u.lt and sin~ular the cost,s, chacrges dnd expenses, inclzcdin~ laczuye~'s
fees, rea,~onaLly incurred or pcaid at mny time by s~id Mort~agee because of th~ failure
on the pacr~ of the said .hiortgc~gor to perform, complJ witfi and abide bJ each and
= every the stipulations, conditions and covenants of said promissory note and this deed,
or either, and ~very Such payment sha,ll bear interest from date at t/ie rate of
' g per cent. per o.nnum.
;
To keep the buildin~s now or herecifter on said land i~sured in d surrt not lesg
thacn $11, 500. 00 dollars, in cL company or comprcnies to be
apprnved by sa,id Mortgccgee, c~nd the poliuy or polici,es held by and pa,yable to said
.Mortgagee, and in the event ccny srcrrc of money becomes payable under such policy or
policies, the .Afort~ccgee shall h,ccve t/~e option to receive and apply the Yu.me on accoant
of the indebtec~ness herebJ Recr~red or to permit the .hiart~Q~or to receive and u.sre it, or
any part thereof, for other purposes, without tlaerebJ waiving or i~npairin~s any eqrcily
_ lien or right under or by virtu,e of thi8 mortgage, and mab place and paJ for such
insuracnce or mn~ part thereof, usithout waiving or cc~j`'ecting th~e option to foreclose or
ccny ri~h~ hereunder, and each and eaery such ~ayment sluzl~ bear int~erest frona d,~te
c~ th,e rnte of 8 per cent. per an~aurrZ.
g~x~~8 ~;~085
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