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HomeMy WebLinkAbout1449 ` i r t ~ ltiaai, ~lorida ~50,000.00 N~ORTGi?G~ I~OT~ 8~ptrab~r ~?0, 196t ! . ~ 1?Oa VALiTB ~CBIVJiD, G8ii8Rl~L DEIRL~O~tS CO~PO]tJ?TI~I, a D~lavu~ cos- poratio~u, tbo a~kor, h~raby pro~i~a ~o pay as fi2~fr iat~srst~ asy sho~m b.lov, to N. s. rZLTOit.. doNl?Ala v. s~[ISU. M. ]WDEA~O~i an~i rltl~t~t 8$OGERT, th~ p~yMS, os osd~ur, tl~ psiaoipal •uo~ of t=T3'Y T'HOtl- el?ND DO~LLl1tt8 i~s0; 000.00~ pith iat~rrat lsc~ dat~ at t.~ rat~ o! •ix p~so~ut p+r aAnu~ o~a tD~ uapaid psiaai~al until paid, ~aoh prin- cipal aud iat~s~at ou ths uwpaid balaao~ tio b~ paid as loilan: To 1~1. 8. TuTODi 1/Sth oi uoh patiya~At~ To 80M~AD v. 8l1IS~i i/3th O! ~tacb payMat~ to A. ~1NDI~A80i1 1/St.h O! ~acb ~~+~Yo~nt1 ana to ll~i1C SB~Ni~AT $/Sth~ ot ~ae~h paya~ti Th~ au~ ot i10, 000.00 on priaoipal plu~ avorwd int~c~al~ is dw ; aad payab]?~ on~ (l~ y~ar lsa~ dat~ h~r~olt aAd a lik~ ~u~ o! priaaipal plna accrwd int~s+st i~ dw awd p~yabl~ taw i2? y+~rs. thrw ~3~ riu~, lous yur~, aud !i~ (s~ y~ars, s+~~pea- tiwly, lroo dat~ h~r~ot. ~~utir~ balano~ o! psiaoipal Plw ~ a?oorwd int~srat th~s+~a~ b~i~q paYabl~ ia lnll fiw (S~ y~ars ; lrot dat~ h~~not . All paym~at~ ~ h~r~under ahall b~ applioabl~ lirst to int+~reat end ~ th~ to psincipal. ~ . ~ All p~ywats of principal u?d int~rut aLall b~ naci~ iu la~?tul a~rrsnoy ` o! thi Oni~d Stat~a of 1?msrica aad payable to th~ ord~r ot th~ payMS, , or osd~c, o/o a. M. 1lader~an, P. O. 8on 4~4~ J~as~n BeaQh, plorida, 3345~, aad sril~ to payNa at such addro~s os t,o ~uah oth~r aQdr~s~ a~ pa~y+Na ~ ea~y d~siqaat~ i.A ~?~citiaq. ~~r ~Y PriP~?Y +u?Y Put or all ot Lba wapaid psinaipal aad ao- oru~d iates~st at any tims, vit2wut p~nalty, atter tr~o (Z) years lroo ~ dat~ hrsrot. Sn t~e ~v~at o! def ault tt~ ~oakor ~?ill pay all aost o! ooll~atioa in- ~ cludiaq a rsa~oaabl~ att.orruy'• lso. D~maad, ps+s~nt~nt, prot~st a~d = r~oti~ ot natusity ar~ vaivod. ~ ~ ~ ' Thi~ notA is waured by a purchas~ ~ou~y mortqaqo ~csaut~d o~ this dats i by t,h~ ~k~r hwc~ot, a~ morlyaqor, unto th~ pay~s h~~nin, as ~osti- ` 9a~qs~~i ~~CU~t~s1Aq Psop~rty iu St. Lnai~ Conntp, llosida. 1111 p~rsoaa ; ~ to Mho~ th~a~ pnMnts ~ay ooM as~ r~l~rs~d to ~aid swstqaq~ ~rhh~s^~ it ~ ~ ~pp~ar~ atwa9 th~ publie s~cosds o! it. Luoi~ Connty, tiosiaa, vhivh rr ~ t~rs tYo aa~d ooa~taias a ps~cnrision r~3rNriaq th~ ~ak~s s! thia ~t~ lroo ~r~o~al liabilitY~ and e,A~ payas ?~y ~ aoc~pi~a~ao~ ot thi~ s?ot~ do bsr~by c~ov+~uant aa~d a~qsN Mi~b t~ wk~r that th~ payas os any suba~- qwnt hold~sa ot thia nots_~hall aQt b~ ~nlitl~d Lo iu~titut~ any ps~o- owainQ• os aotion t,o ~nlorv~ porsoaal liability aqaiaat th~ wkar !os t,h~ pay~?! o! !hi• aot~ ia tt~ ~v~at o! ~tatit2t. ~ Thi• aot~ ~hall uot b~ oonaid~s~d isi c~laulL until th,trty (30) aay alt~c ~ tl~ dw ds~ ot aay inslallay~t o! psinoipsl aad 1At.~r~~t. 8tyoald wk~r lail to p+yr any iaatallar~nt o! psiaoipal an~ iat~ro~t rb~n dw b~lor~ : tbo ~nd oi t.hi~ ~0-daY 9rao~ p~riod, t2~a th~ hol~s bu th~ optioa to ; d~o~as~ th~ vntis~ a~uat oi PsiACipal aod accru~d iabr~st ia~rsdiat~ly ~ au~ aad payabl~ lorthvith. ' ~ ~ G~l8Al1L D~ViI.OP~T CORpOAJ1TI0ii . ~ 11rt~~ti . Hys ~ s/Frederick E. Roach ~ s/ David A. Doheny w ~ ~ r~ (cox~ . s~.) , ; . . ~ ~ ~ i~'3 ~ _ _ : - _ _ . _ - . - - .