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HomeMy WebLinkAbout0824 ' ~p~~ ~lU~I~S, that tf sai.~l .Mort~agor shatll pay icnto the ~caic~l .hfort~a~ee the certa.~n prninisSOry note, of rvhich the followan,~ in worr~,4 an~ ~ilg'i~rPS is a tr~ce copy, to wit . , . ~ - INSTALLMENT NOTE ' ~ Fort Pierce. F1orlda, ~ i' 19 ~ For value receive3 we, joint~y and severally, aa prlncipal promise to pay without defalcation to the order of $t OxraR00d ~0![ ~Qi~ ~~O~l~dt 0~ i~ O~N d~lrC~ ~ the eum of : - DOLLAItS, wi :r ~t~ d~~s~ rate of~y6 per annum, in ulqg~ly installn~~yable as follows,~ wity DOLLARS, on the i~~ day of 19 and-- - DOI.I.ARS, on th~ a~a~ day of each succeeding month there- after until the whole sum named ia fully paid. ~ Tach InataUment flrst a6all be applied in~payment of the interest and tben on tbe unpaid balance of the p~incipal sum. If default .s made in the payment ot an,y installment whea due~then. at the optioa of the payee all t6e remaining installments shall become due snd pa~able at once. Privilege is given to PaY two or mare inatallments at aqy time. ~ Sho~ild it become necessan? to collect this note thrnugh an attorney, either a~ na, whether maker. surefy ar indoraer on this note, 1~ersb7 a~rees to pay a11 costs of collection. inclading a reaa~able attorney's fee. 1be makers, sudtles. and indursers hei~ea~ severally waive presentment, protest and notice af protest for non-payment of this nqte and agree that the time ot lta matm~ity may be exteaded before or atter maturity and do further aeveral~y agree to any re- newal ther~od befa~+e ot aiter mah~rity. without notice of Wem. , (~-1. 3S State docnmentary s/ _ Dwight L. Goodner (SEAL) stamps attachea to original s/ Margaret Goodner ~s~~ nots and cancelled) (SEAL) . . (SEAL) - - - - ~ ~ - - - ~ _ . _ . _ . . _ ._z . , _ . - - dnd shalt perfor~n, corrcply with and crbide by each and every the stiprclations, acgree- ments, conditiorts ct~ad covenacnts of said promissory note and of tltis deed, then this ~l.~e~i, ni~cl fiu esta,te h,ereby ereated sluttl eease ctnd be ittall a~d void. ~ ,'A)t~ the said JKortgdgor hereby covenants and a~rees: ` , i ; 1. To p2y all a~ul sin~ular t_h,e principal cr.nd interest a»d other sums of moneJ ~ puyccLle by virtue of said promissorrJ ~aote a~td tlri.s c~ee~, or eitlrer, prorrtptly on tlce darjs respeetively the same severally come due. To pa~ all and singular the ta.ies, assessments, lerries, liaLilities, obligations and encumbrances of every nature on said described property eaclr. a-nd every, and if the same be not promptly paid the said .~~ort3sagee may at an~ time paJ tlie same zvith~ut waiving or a~j~'ectircg the option to foreclose or any ri~lrt heretcnder, and every payment so made slrall bear interest from the date thereof at tlae rate of 8 per cent. per acnnum. 3. To pay dll ctnd sin~ular the costs, charge.s and ea:penses, inclrcdin~ lawyer's - fees, recL.sonc~bly ineurred or paid c~t dnJ time bJsaid .Mortgagee beearese of tlce failure on the part of the .sai~ .~iortga~or to ~uerform, complJ with and abide by eacia and enery the stipulQ.tions, conditi,ons 2nd coLenan,ts of .sai~ prontissorJ note and th.is ~eed, or eith~er, and everi,J such ~yment slr.cill bear interest fronr, date at tlre rate of $ ~ per cent. per annum. ~ To keep the buildings now or hereafter on sai~ land insrcre~ iia a s~cm not Ze<~s than none required dollars, ira ca compa~r J or c~mpanies to be approved by saicl .r~Iort~a~ee, an~ tlie poticJ or policie.s lael,d bJ a~~d payable to said .hTort~sac~ee, and in tlre event anJ s«m of ntoneJ becom.es paJa~le rc~~der st~c1~ palicJ or policies, tlr,e .~lort~agee 4hull have t/~e opti.on to reeeive a~~l a~~plJ thn tianze on aceorurt of tlte indebtedness /r~erebJ ~~ecrcred or to permit the .iilort~sa~or ta i'P.CCLL•e and i~se it, or anJ pacrt thereof, for other p~arposes, withorct t/r.erebJ tvaivir~~ or inr~airin.~s a~aJ eqr~itJ lien or right under or bJ virtu.-e of thi.~ naortgcr~e, dncl ntaJ J~lace a~id paJ fur such - insuranee or anJ part thereof, u+ithorct waiviiag or crj~'ectir~~ t/~e option to joreclose or cany ri~ht liereunc~ler, and eaeh and everrJ sueh pcayment slurll bear in.tere.4t fron~ date a,t the rate of g per cent. per annum. ~ ~0~~.~7~~~~ 822 . . ; - - - _ _ _ _ ~ - ~ ~..f ~ ~y ~