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Home My WebLink About0919 . ' i,z36. 88 C~~ a~ Florid~ Dececr.ber "ll 1~~, ~'~>~UE RECEIVED the undersioned~ jointly and severally~ promise to PAY TO THE ORDCR O~ ~ ST. LUCIE INVESTMENTS, IvC., a Floriaa corporation incip~l sum of TWO HUNDRED NINETY SEVEN THOUSAND, TWO HUNDRED THIRTY SIX and 38/ 100 -'t) 236. 88 ) together with the interest thereon from December 21 , 1973, .„-:.:te of nine percent per annum until maturity~ all payable i~ lawful money of the United States of America~ ~ ~ , .~~rss: _~~__cst on the unpaid pri;~cipal balance shall .be due and paya;~le se:ni-anr.ually, is, the first paym~nt shall be due on June 21,. 1974, anfi semi-annually ; ~::~~ca~~er, on the 21st aa1 of each respective December and June. Principal : :c:.ts shall be as folloc~s, namely, the sum of $12 , 500. 00 on June 21, 1974; ~ ~~',5C0.00 on December 21, 1974; $12,500.00 on Juae 2i, 1975; $12,500.00 on ~ _c~..~ :uer 21, 1975; $25, 000. 00 on June 2],, 1976; and $25, G00.00 semi-annually ~ ~:~~~~:after, tr.at is, on the 21st day of each successive Decenber and June : i•.=::~-~~~ thut the tinal payr.icnt shall be in the sum of $ 22,236.88 ) This note :,~•:a prepaid in vrhole or in part at any time without penalty, , . ' ,.,~~•n,s st~atl a~pty first to acc~ued inierest. ind the remainde~, if any. to reductio~ of principal. If any insta~IFnent ot pri~cipal o: ; n~t paid whan due. or upon any deFiult in the perfo~mance of any of the covenants or agreements of this note, or oi a~/ ; n~w or hereatier evidencing or securing this note or the obli~;ation reprasentecl here5y, the whole mdebtedness (incluJir.;; ~~d inierest) rema~ning unpaid, shall~ at th~ option of the hotder, become immediately due. payable and cotlectibie, and vihiie ~n c,,~s nots and deterred interest shal~ bea~ interest at the ~ate of _~.l.~.f'~eer ~ 5~L) percent per annum. r:,.~~r.r and endorser severally waives demand, protest and notice ot maturity. non•aayment or proiest and all requ~remenis neces- ~~o:d each of them liable as makers and endorsers. Each maker a~d endorser further a~rees, jQinFiy and severally, to pay ah . o; couaciion~ including reasonabie attorney (ees in case the principal of this note or any payment on the principai or any interes: ~ ; i: not paid at the respective maturiry thereof. or in case it becomes necessary to protect ths security hereof. whether suit be r~: or i'iJt. •r• •n ~ . ' { • ~ ~ TRIARD REALTY CORP,. ~ . ~ • A Florida_ rporati } ' . , , ' ~ : ~ ~ , ~ ~ - ~ c/o Levin~er's, 7~ A'v~nue 'Fo~ d^,~ E ~ ~seai~ Y i; To-~onto 180, Ontari?, ~~Canad~ ~ ~ ~ ~ n ~s2~q or s~ch other place as shall be des~anated nyjt}k~ hotder'. S retary ~ 1 ot tnis noia ii wntin . ' - • ~na ~nsu aui~, promptty ana twly ~peKOrm. aucharge, execute, eitect, complet~, ~omply w~th and abide by esch and everv the stipulacions. agreements, condltions snd covensnts of aaid prom~awry note and of thia mortga~e. then this mortgage and the eatate hereby created shall cease and be null and void. , It is underatood that each ot the words, "note," "mortgagor" and "mortgagee" reapecttvely and the pron- t ouns reterring thereto. whether in the singular or plural anywhere in thls mortgage. shall be singular f[ one only and ahall be plural iointly and severally, if more than one, and ahall be msscullne, feminine and/or neuter. wher- ' ever the context so implies or admlts. And ~ald Mortaagor for himsel[ and his heirs, legal repreaentattvee, auccessora and a~lgns. hereby rnven- ~nb ena agreea to and with aaid Mortgagee, hia legal repreaentative~, aucceasors and ss~igns: 1. To psy W and singular the principal and intereat aad the variow and sundry aums oi money payable pr ' vtrtue of aaid pmmiasory note. aad thli mortgage, each and every, promptly on the daya nspectively the wa~ ! ~evenUy become due. I Z. To psy all and singular the Utxes, as~easments, lcvies, Ifabilities. oblfgationa snd incumbrances ot everr nature and kind now on uid described prnperty, and/or that hereatter may be imposed, suftered, placed, levied s or aaaessed thereupon, and/or that hereatter may be levied or aase~ed upon this mortgage and/or Lhe Indebted- ~ ness ~ecured hereby, each and every, when due and payable according to law, betore they become delinquent, and betore any intere~t attache~ or any penalty is incurred; and in so far as any ihereoi ~s o[ record the sam~ i ahall be prompUy aatisfied an8 discharged of record and the onginal otlicial document (such as, for i~mtance. ~ the tax receipt or the utisfaction paper o[ticially endoreed or certifiedl shall be plaeed !n the hand~ of aaid ~ Morigagee withln ten days ne:t after payment: and in the event that any thereo[ is not so paid, ~atiat~ed and ~ discharged, eaid Mortgagee may at any time pay the aan?e or any part thereot without wai~~ng or affecting any opti0n, llen, equity or right under or by virtue of this mortgage, and the full nmount ot each and every 3 - auch .payment ahall be immediately due and payable and ~hall bear interest Irom the date thereot until paid ~ at the rate ot ten per centum per annum and together wilh such interest ahall be secured by the lien ol thi• g moctgage. ~ insuran he ususl standard policy form. 1n a aum not lese than i----- c?~ com- ~ pany or comp^ s may be approved by aaid Mortga~ce; and all ~uch insurance policie~ y ot sa3d build- ~ ings, any intere~t the ' r part thereot, tn the aR~regate sum afore~aid or in exce~s ot, shall contain the ~ uaual atandard mortgagee making the loxs ur.der aaid policiea, eacR an y, payable to said Mortga- ~ gee aa hi~ interest may appear, each snd every such pc?Itcy ahall be y delivered to and held by said ~ Mortgsgee• and, not lesa than ten da dvance of the expiration ch policy, to deliver to aaid MortgaRee ~ a rcnewal ~thereof, together with a receipt e premium ~t rentwal: snd there shaU be no nuch in~ur- ~ ance placed on any ot ~afd buildings, any intere~ ein att thereot, unleu in the fotm snd wlth the losa ~ payable as •toresaid; and in the event any sum o[ becomes payable undcr such poltcy or policiea said , MortRaqce shall ha~e the option to receive an y the sa account ot the Indebtedne~ eecured l~ereby or } ~ to permlt ~aid MortgaRor to recelve and or any pnrt the other purposea without thercby waivfng or impafring any equfty. Ifen .:t ri der or by virtue oi this mortg ~ nd tn the event aaid Mortgagor ahall z;~ tor any reason [a~l to keep d premi~e~ ~o insurcd, or fall to dellve nptly any of safd pohcie~ o! - inaurance to aaid Mort , or ttll prompUy to pay tuUy any premfum therefor. ~ any respect tafl to per- form, diacharge, e e, effec~ complete, comply with snd sDide by thl~ covenan~ or an hereof, ssld Mortg- ~ agee may pl d pay for such Insurance or any part thereot without walving or aftectln option, lien, F- equity t under or by virtue ol this mortgage, snd the fuU aqnount of each and every such ent ahall ediately due snd psyable and shall bear interest from the date thereot unttl paid at the nte o r To permf~ commit or ~ufter no wa~te, fmpairmeat or d~teriorstfon oi sa~d prop~rty or an~ part tl~ereol. 6. 'ib pay a1l aad ifngular t]f~ co~t~, charsea and eapensea, tnctadln~ rsawnaDle Lwyer'~ feea and cwt o! ~i ab~tracb ot Utle. tncuntid or pald at any tinie by uld Mort~a6ee becauie ~nd/or tn the ~vent of the tallutr on ths put ot th~ u1d Mortaagor to duly, promptly aAd fullr p~dorfn, di~charse, ~[ecute. ettcct, complet~ campl~ wft2i and ~Dide Dy e~ch and every th~ atfpulatfau, ase~eement~. condttlons and oovenanb of aafd promis- qr~ not~ ~nd Wa morts~. an~ or elther. wd sald coata. char~e~ aM ~~acL and svery. ~hall M 1m- n mbbtely dae aad paysDle. wrhetl~er or not tt~~rs be noUce. demsnQ ~tbmpt to collect oc aWt p~e~ln6• a~?d th~ ~M= ~n a~t or ana ~,~n p.r~+.nc .h.u e..: ~ec.~,.c ~om ch. aaa ~.~or unw ~a .c cn~ rac. oc t~a p~r c~ntum p~t anaum: a~A a11 ~afA oo~t~. c1~ae~~ ~adi ~P~w w tacunrd or pat4~ ~th~r wrltb wcb !n- t~ew~ shW D~ Ncund Dr tb~ 1Mn oi tNa morts~. ~ 2 o R . ~ ~ - : • aoo~222 P~f g19 ~ ~ - - _W,.~ ~ S = ~ ~ . . . e ~ _ ..r~-,.'~