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HomeMy WebLinkAbout0437 ~rpU~P~1 ~1Y1~1~~, that if sai~ .Mort~~~or shall pa~ icnto the .caic~ .hfort~a,~ee the certain promissory note, of tahach the fotlou~in~ i»:c~orrJs an~ flgrc~~s ia a tr•rte copy, to wit: _ - - - - - INSTALLMENT NOTE ~ ` ~ ~~e~~_ Fort Pierce, Florida. ~zab Z~ 19 68 For value received we, 3ointly and severally. as prlncipal prnmise to pay without defalcation to the order o~ - ° - at ~3ti:~n: Fed~r~i S~vina~ and 1~ae A~~aiation in Fort Pi~rc~~ Florida the sum oi ~ ~~R~ F21~i'Y APID I~/100ths+ ~ ~ ~ • DOLLARS. with intereat from date at the rate oi~~o per annum, in monthly instsllments, payable as follow~, to- wit: *+~~~-s~ . SS~1tYlt~ # DOLLARS, on thelQth_ day of Anril 19~$..._ . snd ~D . SS/lOOths+? * DOLLARS, on thelOth day of each succeeding month there- after until the whole sum named is fully paid. - Each instaUment ~irst shall be applied in paymeat of the interest and thea on t6e unpaid balance of the principal sum. If default ~s made in the payment of any installment when due, thea, at the option ot the payee all the remaining installments shall become due and payable at oace. Privilege is given to pay tvro or more . installments at any time. Should it become necesaary to rnllect this note through an attorney. either of ua. whether maker, surety or indoraer an thls note. 6ereby agrees to pay all costs oi collection. including a reasonable attarney's fee. The makera, surities and indorsers hereof severally waive ~esentment~ p~otest and notice of protest for non-payment of this note and agree that the tlme ~of its matnrity may be extended before or after matnrity and do further severally agree to any re- nevral therea~ before or after maturitY, wit6out notice of them. (~ly9S Sta,te documentary /q,/ Coleman D. Smith (SEAL) atamps attached to origittal ~c /~,+-tha D. Sm.ith (SEAL) note_ and cancelled) " (SEAL) (S~, ~ ~ ~ and shall perform, com.ply ivith dnd acbid.e by eccch and euerrJ th.e stiprclcztions, a~ree- ments, conditions and couenants of said promissory note acnd of tlris ~eed, tlten this ~l~t~ri. ~ii~~l ih~ est-ate hereby created shatl cease and be ncctl and void. ,A2U~ th~e said .,Kort~'a~or hereby covenants and agrees: 1. To zxr.y all and sin~ular the principctl and inte~•est and other srcros of mone~ pc~ycr,lile by airtue of said promissory ~aot~e and tlri~s ~eed., or eit/rer, promptly u~r the ~ dar~s respectively the same severa.lly come c~ue. ~ k ~ To pacJ all and singular the ta.r,e.s, assessnaents, levies, liabilities, obli~ati.o~as c~iid e~aeuntbranees of every natrcre on said described propertrj eael~ and eaery, and if tlie same be ~tot promptly pdid the said .,llort3sagPe m.ay at acnJ tinae paJ tlre sanze u~ithozct ivaivi,ng or aj~'ecting t/ie optioii to foreclose or anr~ riglit here~cnder, ~riad euPiy paJ»tent so n:ade s/rall bear interest from t/re date thereof at the rate of' _8_ per cent. per anntcm. To paJ all and si~tgular the costs, charges and expe.nses, inclrtdin~ lawyer's fees, rec~.conuLly i.rceurred or paul at any tim-e bfsaid .Alort~a~see beca~ese of t/re failiu•e o~r. the part of tlte sai~ ~llort¢a~ur to ~~erform, compli/ rt~i.t1~ a.ncl «Li~te bi~ c~ach and every tiae stiputations, co~editions and corPiian.t.~ of'.sai~l promis.~orJ irotctrnd t/cr.c c~eed, ~ or either, aird ei~erJ sccclc paJnient s/i~rll beur intere~t frona cl~ttc~ at ihe rute oj _8_ per cent. per annzcne. ~ ~ fo keep the bccildi~r~~'s notv or /tereafter o~t sairl lnn~ i~rctcrc~~I iit R sttm itof le~xs ~ thc~n ~ppp~pp dullar~, in a com/xrirr~ or cnntpanic~ to Le approi;e~ b~ sarcl .:~t~~rt~a~ee, arirl tke poli.c~~ or ~~oliciPS hPl{l. bi~ au~l ~iaJable to ~aid .:jiort~ci~ee, ctutl in tl~x evPnt ar:i/ .rem. of ntanry Gr~r,~nrex ~~Jabte rcir~ler ~r~ch ~~olicJ ur poli~iP.~, th~~ .ilort~?'n~o'ee ~/tall Ilare lh~• ~~)~fio~r tu r~ccirP crird a~,~~1J thr aunr~ o~~ ~ic~o~~~~t of the intl~Gted~r~~ss I~er~bJ recnrei~ or tu permit lh~ .tlnrl~n'n~nr f~~ ~•f~c~i~•~ a»d i~~c i-t, ~~r anJ part thereoj: f'~~r uther pur/N~+~:+, rci.t/r~t~.t t/~~rehJ ir.aie~iir, ni• t:»>~~rririir~ ~rn~~ e~~~cil~/ lie?t or ri.ght tc~rder vr Ly i~i.rtac~ o~' lhi. mortgrtge, a~id nca~ ~~la~•c~ ~rnd ~~tii~ ~i~r ?r~c/r inst~rancP or rtnJ ~KU•t tlePreoj; tvi-thorct u•ait~ta~ or ~~jj~~cti,ng t/~e upti~»~ t~~ jorP~losP ~~r any ri.ght lreret~n~~er, an~ Pctrh aiccl crerJ srcch pctJnz~»t ~h~ill hr~n~' lI//PI'P4~ f/'Dlll dnl~ cst the rate of _g_ ~~er crnt. prr annum. a~17~ ~ ~36 I, - ~..W E,. ~ _ _ . - - _ - - _ - . _ . _ i lG.:. - - _ _ r - .