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HomeMy WebLinkAbout1374 f i0 t1u sam~, /o0etl~er wtth t~ t~~anenfs. h~Etnm~~4 n~ appwb- ~ancvs t1~~wto b~b~gtng. and t rw~b. tuues nnd projlts t~~r+o~. w~to ll~~ nwrfpopN. tn /N ~imp~e. } } ~ tl~~ ~nortgaeor cownonb witk 11~~ n~orl9age~ ehae eh. nwre~ twd~.f...~bir ,.t~d o~ sa~d ~ tn /M aiw~p~: thnt t~s mo?lgapor ~oa goo~ right and ~nwf u~ autl~o~ty fo conuey aaid ~ oa ~ sa~: ltiat t~ ~toH ° } 9n9or wtll ~ake ,~h /c~hK ~w~~.: ro~.~e ei~. j~ si~wpi~ ti~~e to said iand in tf~i ; more9~.. ~~y ,~,o~blr 6. ..qu~,Yd: ehat tk• ~.o.e~g~ h.nby ;ally warnna r1~. aele ~o :atd [and and ~viU d~~~nd eke same againsl el~. law~ul clain~t o~ n[[ pe?sons wl?onuwwr: a~d t1?o! said land is /~+e~ nnd r~aar of a~ vncum~ronces. - A. It is aqreed by and between the parties that any default in payment of the first mortqage encumberinq the above property, or any default in performance of any term of said mortqaqe, shall constitute a default hereunder. . ~ B. It is hereby incorporated in this mortqaqe those-certain provisions and terms set forth in the Addendum to Martgaqe attached hereto and by this reference incorporated herein. ~HIyS~ ehoe t/ s~d Moreg~ :haU pay v„io ~;d eh. ~we~t.. proM~- torq note ~p~inn~ter substantiauy copiec{ or td~nti(ted. to-~vif: , ~ . - ~ - , - - ~ . ! PROMISSC~RY NOTE _ ~ ~ 85,000.00 ~ i ~ S Fort Pierce FloridA 1'~Y 13 1 ~ FOR VALUE RECEIVED U?s undersigned. jointly and ss~atty. promise to PAY TO THE ORDER - ~ . ~ _ LBO~ D. l~QLLER • . ; The princ/ipal sum of $ighty-Fiv~ ~'housat~d and ~io/100 Dollars ~ - ~s v~/VOO~oo - `j' ' ) together with the interest thereon from l~lay 13, 1971 at the rate af 12~ pe~cent per annum until maturity, all payable in lawful nwney of the United States of Arnerica. as follows: Znterest papable quarterly froa~ date, the principal sumA due and payable three (3) years fros date. ,.3 !Ut payrt~aMs st~all spphr flrst bo socrued M~eres~ and the remainder. ff arry. fi~ reduct~o~ of prindpal. M arry lnsta!lrr~er~,.at .~eipi~' dt ~ interest is not paid when due. or upon any default in the perfamanoe of any of ths corer~ants or.agra~nt~r~s of fhh hpb~, Sf~h, instrumeM naw ar hereafter evidenting or ixuti~g this rwte or the obligation represe~tted haredy. tM v~boh i~~debbs~ili~ principal and intsrestj rernaining unpaid. .sha~t. at_~a.Opdon of tbe holder. becane emmedfatety dw, ps~?abM and.~, ~'ti 1S~ . . ~ default, Uds nob and defarrod irtLenest shaR bsal inLsrast at tt~! rate of _ :..,;:,•~nt Per ~~if(tlrf~': ~ [ach maker snd endorser severally waives demanA. A~test ar~ notke ot msL~ or pr~est aud all~ ~b:n~s y sary to hold esch d them liabb as makers arb endorsers.` Eacb maker and ' - sgrees. la~th ~nank~~~•~ costs of oolbction, including reawnable attorney fees in casa tAs principal af' b yment on t(~s ttserlOfl it flOt piid ~L U1! f~tpeCTtVS ftldtufity U1efAOf. Of 1~1 Caf! it beC01110l~ - 1 _ ~!N fipl~ . y~Mf' ;~it ~tougflt Of 110t. . i(- '.a ~ M+~. , ~ ~ ~ ~7r .if . ~ ~ ,r......•• = 1 ~ 1 ' w`~ •:i f~ ~ 1~~~~1 ~ _ ~ ' . Pres def? ~ _10275 Co~lina l~ve. . A~t_ 817 < , ' l~.iami Bea ~ o. wcn oa»r q~os ~s sns s~.a ~r a~s noaer Pres c1en~ of this rwb in writing. _J , /O~Y A-i~ ' , ~oa~1y2 i371 ~ . _ . • ~ , . , - = _ _ .Yr' "t""lg~.:~~. S _ _ ..a . '"t ~F~. - ~TR' 'T 1 ^ ~ '~K ~1Y:a i~ _ . _ _ - ~~~:~~.~`~„y-~~'{~~s. ~ ~`~'s'~,~ "~„q~ .