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Home My WebLink About1045 11 r~U~P~i ~1 $ th,at i,caid ,1Kort ai~o~~shall pa~ un~o the said .hfortgalsee ~ ~ f tlte certczin prn~nsaty note, of which the followin~' in words and ~igcires is a tr:~.e copy, to zuit: . PIZUMISSUkY NUTE ~ j: u~. 594.00 Orlando. Florida i~ovember 28 . 1969 ~ FOR VALUE I~ECEIVED. thc undersigned jointly and scvcrally promise (s) to pay to thc order of 3,~If~GAT~. COP.PJP.:~TIOPI~ a'r lorida corporation. : L~:?I~~. ~:L`:I: .~T r"ORT PI'rrRC~~ Fort Pierce~ Florida : r 1; such placc is thc huldcr (s) of th~s note may designate in writing, the principal sum of THitEE HUNDR~D . . ---------DOLLARS ..1.:~ THOL'j:iP~ll '::IG1:T tiL'i~IDRrD t~I~'ETY FOUR liNO PIO/100------------------------ ,~.hcr with iut~ccsc thercon from date at the rate of 4 i, per annum on the unpaid balance until paid. ; : Accrued interest on each principal payment shall be paid at the time eac;~ payment on principal is made. Principal shall be paid in five equal annual instalLnents on ~61,9?8.80 each, commencing one year from date hereof. Privile~e is reserved to pre-pay without penalty the entire in~iebtedness or any part thereof at ar~y time. If default bc made in the payment of any installment under tl~is note and if Such default is not made good ici~in thirty days, the entire principal sum and accrued interest shall at once become due and payable without notice che option of cl~e holder (s) of this note. Failure to exercise tt,is option shall not constitute a waiver of the right c~~ excrcisc thc same ac a later time for the same default or for any subsequent default. In the event of default in the t~.-.~~menc of this note and if the same is collectrd by an attorney at law. the undersigned heceby agree(s) to pay all costs o: coll,ction including a reasonable attorney's fee. Presentment. protest and notice are hereby waived. This note is secured by a seeot~d ; ,r.ortgagc of evcn date on real estatc in ~M4RK STR'CTIO ~0 ~s~?q - Florida. the terms of ' ~ ~ ::':.ich are incorporated in this note. By: 1117~ ) President . t ~ ~ ~ ,..,a.-a..~, ' ana~ sh~aclt perform, comply with, and a,bide by each and every the stipul,cttions, agree- ments, conditions and covenants of said promissory note and of this deed, then Lh.is deed and the est,a~te hereby created sha.ll cease and be n~cll and void. - ~ ` 1~tt~1 the said Mort~a~'or hereby eovenants and c~grees: ~ ~ ; 1. To pay alt art~ sin~ulacr the prineipa-t and interest and other sums of money ; ~ pccyable by virtue of saeid promi,ssory note and thi, c~eed, or either, promptlJ on the = ~ d,a,ys respectiuely the sa~ne severaclly come due. j ~ ~ E ~ 2. To pacy all c~nd sin~uldr the ta.xes, assessmentg, levies, liabil~ti,es, obligations ~ and encumbracnces of every nature or~ said described properfy eac)i. and every, and if a tlae sdrrae be not promptly paid the said .hfortgc~~see may at acny time pay tlte sacme ~ ~ urithout waivirc~ or aJ~}'ectire~ the option to foreelose or dny ri.~ht herercnder, and eaery pccyment so made shall bear interest frnrn the date thereof at the rate of 4 per s cent. per annum. - k • ~ ~ To pcay all dnd singtclatr th.e costs, char~es dnd expenses, i~actudin~ lawyer's _ fees, recL.sonably incurred or paid at any time bJ sczid .iKortgagee because of the failure ~ on the part of the said .hfortgcLgor to perfornt, comply with and abide by eaeh and er~ery the stipulations, conditions ar~d covenan.ts of "gaid pronaissoty not,~and this deed, ~ or either, and every such payrrcent sha.tl bear interest from date at the rate of 4 w~ per cent. per annum. - To keep the buildin~s now or hereacfter on said land insured in cc su~rt not less ~ than highest insurabie value dollacrs, in ci company or companies to be ~ approaed by said JKort~'a~ee, and tlie policy or poticies held by and payable to said .r~lortga~ee, and in the event any srcrrc of money becomes payable zcnder such policy or ~ ~ poticies, the .~fort~agee shall have the opti~on to receive and apply the xame on account ~ ~ of the indebtedness hereby secccred or to permit the .Mortgacgor to receiae and use it, or ~ any pucrt thereof, for otlter purposes, without therebJ waiatng or impaciring any eqtci~y fK ~ ti,en or right under or b~ virtue of this mortga~se, and ntay place and pay for such insurcance or any part thereof, without waiva~~ or affectir~g the option to foreclose or cLny right Iiereunder, and each and everrJ such payment shall bear interest from. d~ctte ~ cct the rate of 4 per cent. per annum. U R y~ ~ . ~~L7i P11Cf - ~ ~ - ~ ~ _ ~ . _ . _ _ _ . - . . _ ~