HomeMy WebLinkAbout1388 ~
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~ortgage ~ote ~
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~ 1?, ?50. 00
Boca Raton Florida. ~ November 16, 19 ?p
For va}ue received, the underaigned (jointiy and aeverally. if more than one). ptomise to pay
to the order o! SIDNEY D. ANSIN ~
the priacipal sum of Seventeen Thousand Seven Hundred Fifty ^
and no /100 DOLLARS 17, ?50. 00)~ with interest thereon at the rste of seven (?j
per centum per annum from date nntil maturity. said interest~eing paysble
both principal and interest being payable in lawful money of the United Sts?tea of Americs at
P.O. Box ?27, I~iorth Miami, Florida ~
or at such other address as the hold~r from time to time may specify by written notice to the maker.
the principal and~ interest to be paid at the date or dates and in the manner followin~:
. The principal shall be paid in five (5) equal annual instaliments
of $3, 550. 00 the first of said installments due November 16, 1971 and there-
after an equal amount shall be due on the 16th day of November for four
consecutive years. . ~
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Interest on the unpaid .principal balance shall be paid annually wi~h
principal payments. i
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The maker shall have the right to prepay this note in ~ull, principal
and interest, at any time. The maker shall have the right to prepay this note
in part, together with accrued interest, at any time after January 1, 1971. All ~
prepayments shall be applied aga.inst the next regular payment of interest and
the next regular payment of principal described above and in the order they
become due and payable.
~'his note to be construed and enforced according to the laws of the State of Florida, and is ;
secured by/mortg e on real estate of even date herewith.
a purc~iase money first
If defauIt be m.ade in the payment of any of said sum9 or interest or in the performance of an~
agreements contained herein. then, at the option of the holder of the same, the principal sum then "
remaining unpaid with acerued interest shail immediately become due and collectibte without na
tice. time being of the essence of tbis contract. and said principal sum and said accrued interest
shall boih bear int est at the rate of ten per~centum per annum, from such time until paid. provided
that suhh c~efau~ st~all con~inue for 30 da s aft er te f occure ce ,
Eac ma er an en orser waives presentment. .~rotest, no ice o~proteat an~nofice of diahonor
and agrees to pay aU costs, including a reasonable attorney'a fee, whether auit be brought or not. it
counsel shall after maturity oi this note er default hereunder or under asid mort~age. be employed to
collect this note or to protect the security thereof.
i..... ..................~..............in State documentary . (SEAL)
stamps affixed to original aote snd canceUed. WILLIA M E. GLOVER, Trustee,
without individual or personal recourse
Maker's Address _~.~ke7C (SEAL) .
First Bank and Trust Building
~.Q..F:._~'..~~i10.~~.Q.
Boca Raton, Florida
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