HomeMy WebLinkAbout0242 ~ortgagc ~ote
s ~e,ioo.oo
Jacksonville~ Florida, February 25, 19 72
For ~•alue received, the undersigned ( jointly and severally~ if more thxn one) , promise to pay
to the order of JAMSS S. MAT"!'IiEW3 and NARG~?R8"r D. MATZSE'~4S, hi, witt,
the principal sum of gEVSNTY-E2(3HT THOUSAND O~TL HUNDR~D ~
and NO /100 DOLLARS 78.100.00~, with interest therzon at the rate of •~w~
March 1, 19'f 2
per centum per annum frovq/~~e until maturity, said interest being payable annually
both principal and interest being payable in lawful money of the United States of America at
301 North 19th 3treet, Fort Pisrce, Flozida 33450
or at such other address as the holder from time to time may specify by written notice to the maker,
the principal and int~zsst to be paid at the date or dates and in the manner follooring:
Zn liv~ (S) consacutiv~ annual principal in~tall.ment•
of $15,620.00 plus iat~rest at ~h~ rata aforasaid on
th~ d~crea~inq priucipal balancs rem~aining from tia~
to t3aM unpaid. ~ fir~t annual installm~t to be
du~ an~d payabla on l~ceh l, 1973 and sach iubaequent
iastall~nt to be dw on the same clmy and ~ewnth of
~aeb year thareaft~r until p~?id in lull.
privil~qa o! prepaywat ia vrhole or in part is re-
sorr~d r+ithout penalty at any t3me atter JaAUary 1,
1973.
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~ This note to be construed and ersforced according to the laws of the State of Florida, and is
; secured by mortgage on real estate of even date herewith. :
' If default be made in the payment of any of said sums or interest or in the performance of any
~ agreements contained herein, then, at the option of the holder of the same~ the principal sum then
; remaining unpaid with accrued interest ahall immediately become due and collectible without no-
: tice, time being of the essence of thia contract, and said pri.ncipal sum and said accrued interest
~ ehall both bear interest at the rate of ten per centum per annum, from such time until paid.
~ Each maker and endoraer waives presentment, protest, notice of pmtest and notice of diahonor
~ and agrees to pay all costs, including a reasonable atYorney's fee,_ whether auit be brought or not. if
counael shall after maturity of thia note or default hereunder or under said mortSage, be employed to
~ collect this note or to protect the security thereof.
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~ /s/ Sheldon A. Morris
' 117 -----in State documentarY (SEAL)
~ 5---•----------------t- -
" stamps affixed to original note and cancelled. S~e2dor? A. Morris
~ /s Nancy H. Morris
= Diaker's Address _ (SEAL)
- - - -
i; C/o Mocl~, IAC. ~taiicy l~orria
:
~~4 _~di /sf Kenneth Alexander Morr~S~ _~r.
` Jack~on~ill~, llorida ~L
~ xsnneth Alsxand~r ~rris,Jr.
/s/ Imogene C. Morris (SP.fiL)
= Inr~qen~ C. t~SOrri•
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