HomeMy WebLinkAbout1899 .
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~ ~ !~e sams, tog~ther wltti `fhe fenomenf~. ~ertditantonta nnc~ appurt~- ~
nnnces Ihereto 6elonging, anc~ t~e rents, issuea and prolJts theroo`, unlo Ihs mo?t8ag~e. in j~e aimp~a.
Z11~ the mo~fgagor coue~ants with f1~e mortgage~ that !he nartgagor is tr~~Jewib~y ssized o~ sald
land in jee simple: that t1~e mo?tgagw hw good ~tgl~t nnd lawf ul authoritr to convnr sotd land ai a/oe~e-
said; f/~at fhe mortgagor wi~~ make tuc~ rurttio~ m:uronces !o pe~'ct i~e fe~ sin~ple tii~t to aa1~I Iund in th~
mortgaeee as may reosona6ly 6~ required: t1~nt tlu mortAn9a~ h..~6r (ully warranb tke title to aaid lnnd
and will dejend tl?e snme agnlnst the lawJul clnims of all peraons wkomsoevK; and tkat satd lnnd b/r+e~ '
and clea. o/ aU encum6~ancea except taxes accruing subsequent to December 31 ~
1972. ~
PROVIDED ALWAYS, that if said mortgagor shall pay unto said mortgagee the
certain promissory note hereinafter su6stantially copied or identified, to-wit: ~
MORTGAGC NOT[ ' FORM 6,
~ S 20,OQ0.00 . Fort Pierce . F:o~;a~ ~
•February 1 .~973 i
. FOR VALUE RECEIVED~ the undeaigned, (joiatly and ~er•eraUy~ ii more tban one) promuei to pay to .
~VALTER A. DUN ~
~ or order~ in the manner hereinai:er saccified~
~ne principal sum of Twenty Thous and arid O~ 1~0 ' - - - - - - - - ~ ~ - - ~ - - ' ' - ~ ~ ~ ~ ~ ~ ' ~ /100 DOLLARS
n~ on ha
S~ ~~0 . Ol7) with interest irom date at the rate o~iX /~er cen~ ~per annum on the balance irom time to time remaining unpaid.
:~ne said principai a~d interest shall be payable in lawful money of the United States of America atPOS t Of f i ee BO X 3~ 1~ COY't
c~ ~erce, Florida 33450~~ such place as may hcrcatter be dcsi5natcd by writt~n notice irom thc holder to tne ma::cn c~reuf, on
~a« and in the manner followiog: In Two Hundred Forty (240) equal monthly payments of
-~rincipal and interest in the amount of One Hundred Forty-nine and 20/100
~~ollars ($149.20) with interest at 'the rate aforesaid on the principal balance
i:on time to time remaining unpaid, which payment shall commence on the ~irst
.:ay of ~iarcn, 1973, and continuing on the first day of each and every rr~onth
~;:ereafter until this note is fully paid, except that, if not sooner paid,
~:~e final payment of principal and interest shall be due and payable on the
:~:rst day of February, 1993.
::acl~ installment first shall be applied in payment of the interes ~ anc: then
o;; the unpaid balance o~ the principal sum. If default is made in ~he pay,~?en~
o: any installment when due, then at the or~tion of the holder, and ~tiithout ar.y
:;~;.ice, all the remaining installments shall be due and payaUle at o;~ce.
i~?ilege is given to pay t~vo or more installr~ents at any insta2lmen~ ;~?a~uriry
::::te, but this shall not extend the time of maturity of any subsequent ir.stall
:;;~nt. Neither forbearance, nor acceptance by the holder hereof after any
ca~ault in any payment hereon, shall be deemed extension.
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~:,~~:er shall have thirty (30) days in which to correct any default hereunZer.
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E ~~~is pro~nissory note is executed solely for the purpose of evidencing the balance due of
~ ~i~e purchase price of that certain property conveyed this date by Walter A. Dun and
~ i.illian B. Dun, his wife, to the maker hereof. The maker hereof shall not be personally
~iable for the principal or interest or other payments specified in this promissory note,
~ it being agreed that the owners and holders of this note shall look solely to t1e abave
c reterred to real property which is encumbered by a purchase money mortgage securing this
~ note Lor payment of said debt and interest and expenses incurred in collection hereof,
including attorneys fees, and further that said holders and awners shall not be entitled
to sue the maker of this note separately on this note nor to seek a deficiency decree
~;bainst said maker in the event of foreclosure of said mortgage.
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~ :i~is note may be prepaid in whole or in part at any time with interest to the date of
~ ~repayment, without penalty.
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~ Tnis no~e with inte~est is secured by a mortqaqe on real estate~ of even date hcrcwith, made by tht maken c~rrof in favor oE ti,e said
~ .~d~ff~ and shaii oe construed and enforced according to the laws of the State of Florida. Tht terms of said mortga~e are by this reierence
..~a.ie a part hercof.
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IE uci~ult lx made in thc pa~~nent oF any oi the sums or intucst mcntioncd hcrcin or in said mortqagc, or in tnc ~cr:or::~:nce of
oi the a;r~e:nencs contained herein or iri said mortgage~ tAen the entire principal sum and accrucd interest shali at tne u~t:~n oi tne
- -.:,~3~r ncreof be:ome at onct due and cellectible without notice~ time beinG o( the essence; and said principai sum and accrucd interest
~:~~ii bo~h bcar interest from iuch time until paid at the highest rate a32owaole undet the laws of the Statc oi Florida. Faiiurc to exucise
;~is o~cion snail no~ corutitute a wai~•er of the right to exercise the same in the evcnt oE any subxquent default.
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Each ~~rsor. liable 1'.ercon ~.heiher maker or endorser, hereby waives prtur.tmcnt, protcst~ notice~ notite of protest ana fi~i~iCr o: dis-
~ :,•~r.or and ~erecs to p~y all tosts~ including a reasonable attotnry's fee, wnethcr suit be brought or not~ if, after maturity of this r:ote or de:auit
:~c;cundrr, or undcr said mortgage, counsel ahall be employed to collect this note or to protect the securicy of said mortgage.
~~'nen~ver used hetein the terms "holdu", "maku" and "payee" ihatl 'oe conserued in tne ~inguiar or plura3 as tne cont~xt may
_ , rcG~~irt or admit.
Maker's Addreu .........................................................(SEA:.)
Harry H. Spyke
. ..........................................................~sinL~
7250 Griffin Road~ Davie, Florida ?
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~ ~~~2i0 ~ ~189T. ~
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