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HomeMy WebLinkAbout1154 I ~0 aamt. toptt~~ wilti l~ii ~~tn~~nb. RMrJlta~unb and sppurt~- nance: fh~roto bejonginQ, and fhe renfa. tauea an~I proJib Ih~r~ol. unto t~ nwNpapN. in li~ aiinp~. ~ tks ~nortgagor +cousnanb wttk tk• ~ort9a9« if~e eG. ~ort~ ~a r~?d./.w~b~r ,.ts ;d o/ •a~d bnd in ~e.:~mPl~: il~nt tl~e enort9aAa I~a+ pood ~i9~t and ~ntufuI sWl~wttp !o oantr~r sat~ Jand o. a/or.- :atd: tkat tl~e ~no?tgagor wiU nwb •uch jurt?ur aaiuroni.Ya to p~r/~ct t1u /N timpli Ntl~ to aald land in tl~ moregnp.. a. nwy nasona6[y 6. .equt.+d: ei~at ~h. mo.tpapo. l~.nbr f nUp wan~sna t1~. aeb eo ssid knd and wil[ d%nd t1~s aan~ agatnat tk~ [awju[ claimr o/ aU pason~ wbo+naw~w: and t1+se aaid land i+ /r« nnd clear o/ aU eacumbnances except taxes accruinq subsequent to December 31, 1971. ~'Ol~id~ ~~5, t?we i j:aid nwregagor .haU pay uneo ,aid moregoo.. e1~e certain promf.- aory note hereinajter subslantia~~y c~opied or lc~tntfjied. to-u~tt: . . s~~~,~ 72_. I'ol ~ Pierce Flo.~da. ,A.'?~~~....2~ 19. . . FOR VALUE RECEiVE[~ ths undersi9ned pranises to pay to the ordor of I\~ ~ _...~~!Z`~ ` ( _ • +.a.:.r.-.~.7Vr.Al.........k~............~.. _ : r~,e pr;ncipal wm of.._Oi::,_. KJWREZ) EIGHPY THCUSA~,,,~„n,d 00_ /„~,.Q,Q,-,~;,_,» Dollars (5..180.~t3C0..00 ....1. ; ....w.......... ' :cge~ner w~ih intsrest thereon hqn data, a1 f1w rafe of......._..7~ .per cerf, per.........d~~ ...untii matw~ty, sa.d mtrress ' balance as below state~ oe,~y vavaWe..---.fx?.'.r'l.l~F.~..~Y_••--•-.-•....on tha...l~?(l~.#~S-~.1.....day oL......-• .................•--......._.....................................and.................................... COU~Y ~ \K, G3Cn year: both prirttipal and infetesf being paY~ in lawful mo~ey oi the Unifed Slates u~ts equivale~t, al i' Z'''.._.. ` ?cr~ Pierce, r^lorida p,;,,~; ...........1........_.........................»...._...... pal sws? to be Oevable on rhe dates and in the amounts sPx•fied balow, to-w~t: s~ ~rinci~.a I payment of $22 , 500. ~0 , plus in~erest above , due on the 27 ~h day of ~;>ri 1, .7:,, ~:n~ 4 2ii:e payment, plus interest, each year therea~ter ~or tnree (3) consecu~ive ars. T'r.e ur.~aid bala7ce of $90,000.0~ to be paid in full, together with interest, on tre : day o~ April, 1977. The maker reserves the right to prep~.y sane in whole or i:~ par~ _ ~ a:.y ii:.e c:itY:out peaalty. This mor~gage and tze indebtedness secured hereunder shall be assigned or trans€erred without the written consent of alZ corporate stockho2ders _:..;a ofiice-rs of mortgaqee corpora~ion. This provision shall be applicable only ~o , ~c:,e.:~auqn, Inc. and its Officers and Shareholders. ~ EacA rraier and endorser sere~ally wairts dansnd, prdest and nW~ce of mahaitY, ~on-paYn+eM o~ p~otes! and aq requiremenft e?~texsary lo held each of ~ tnem Lable as make~s and endorsers. Each maker and endorser (w~her asrMS, jantly and sew~ally, to pay all cosls of cotlecfion, includiny a raasonaWo allornsy's te~ ie case the principat of - ih;s no?e or any payment on the principal ot any intM~sl thereon is no1 paid al fF~s rasp~ctiva malurity Ih~r~of, a in cas~ it becomss nscrssary fo praect ~he ~ secwity hereof, whelher w~t be brouyf~t or not. This nofa and deferred intpesl paymeNS shal) beat iMsrest al the rate of._.......7~...........per cen1, per annum from maturity unfil pa+d. This nde is secured by a~1~5~...........mort9a9e oF eve~ da1~ he~ewith and is to be construsd and en/woed atcording 1o the laws of t'ne Sta~e of Flor~da; q~ S,~,JII i._._.~i~w~~h 3 .pon de(auU in the payment o( pr~++cipaf andfor inter~sl d~w on anY ~s setured bY said/ a e Q~ es sQ<e~~r nd r y.,:.;.a:.. bec«na dutt and WYable notwiti?standinp thair bnot, w~,l.il~~ L. CK~L•'Y ~a. , BY /s/ ;~Jillia L. Casey ' Sea~ . . t a William L. Casey, President . . (Seaf} 8~.~ - _ - ~ ~ Y~