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~ri1Ut~1e~1 ~111U~11~R. tliat if sai~G .~1lort~a~or shall pa~ ic~rto th~ sui~~ .Afort~'a~es
the certain pro??Lissorr~ note~, o/' ic•/rich, tlee ji~lluu~i~~~ i~c ivurds c~ncl jlgrcres is a trrc~ cop~,
to wit: -
26 , 455 .15 Fort Lauderdate, F~., March 8~• ,19 74
; s next after date ^We promise to psy to the ordtr ~f
j ~ ---PHYLLIS BIRELY '
~ Twenty-six Thousand Four Hundred Fifty-Five and 15/100------- ~~~ARS
i o ° Fort Lauderdale, Florida
i ~ ~ et ~g
v~i LL FOR VALUE RECEIVE~ with ioterest from ate st the rste of 7 1 pe~ cent pe~
} as follows:
i Q ennum until paid. paYsbl~
J Q
I°~ ~ Six payments of principal and in rest as follows:
~ o The sum of $4409.20, plus c rued interest, on January 2, 1975
1 0 ~ The sum of $4409.19, plus c rued interest, on July 2, 1975
a J~ The sum of $4409.19, plus a crued interest, on January 2, 1976
F o The sum of $4409.19, pl ac rued interest, on July 2, 1976
~ W a~ T h e s u
m o f $ 4 4 0 9. 1 9, p u s c c r u e d i nt erest, on Januar y 2, 1977
i= W~ _The sum of $4409.19, p us ccrued interest, on July 2, 1977-.
V z Z
Q Principal under s note may not be prepaid prior to January 2, 1975 ~
1, ~ Q~ neither shall th re be any prepayment of interest prior to January 2, ~
i o ~ 1 9 7 5. T h e r e a f
i t e r r e y
m
e n t m a y b e m a d e i n w
h o l e or in part of eithe
~ ~ F princi pal or inter without penalty.
l y
: = Q
~ F- i NOW, should it become necesuY ~~1?eet this aote thro~th aa attorney, either o[ us, whether maker SltUt~ty O[ lRdOtSQt Oq ih~f [IO~!
~ h luKpy a~rees tu pay all eoals ot sueh eollectloo, iacludint a reasonable atlomey's tee. The dnu?ers and en~orsers sercnUy waive prestntmen~
' ~ ] tot paymcnt pmtest and autice ot protcst tor no~-payment ot this note. ~n thc eveqt ot aay default under this note the entire Dtincipal wm
j ~ ~ and acczued interest shall at once become due and parable without aoti~e to lhe makcr at the option ot the hoMer, Failure at at?y time to
H ezercix t6is option slall not comtitute a waivcr ot the ziLht to e:ercise tAe same at anr othes time.
~ ^ Th n and de[ezeed t pay Ls sLall beu inteees~ at the rate o[ per eent, pCr annu o tudty til Daid.
Q : S Q, (SEAL) s ~`~"c~.•-~ (SEAL) .
Ij rl T. Van Sci er 'Mildred L. Van Sciver
; - (SEAU (SEAU
a
Due
i Note No
and shall J~erfo~ni, c~ompl~ irith ond abicle bJ e~ch arrd ea~ery the stipulations,
dgreements, conditio~as and covenants of said promi,ssory nofe dnd of tliis deed, then
. this deed and the estcate hereby created shall cease and be nult and void.
,~Ij~1 the said .,ilort~a~or hereby coaenants and a~•ees:
~ .1. To pay all and sin~ular the principal and intPre.st and othPr sum-s oj moneJ
~ payable bJ t~irtue of saicl promiss~rJ ~tote ond this ~leecl. or e.ither, pr~n:ptl~ ~,~a the
~ days ~espeetively th.e same severallJ eonte d:ce. -
~
~
Q. To pay all and si.n6rclar tlae t~xc~s, assessments, lez~i.PS, liahili~ties, ~?bl.i6a!cons
and encumbrances oj everJ nature on. saul described propertJ ea~h ancl er,~erJ, a~ul
~ if the same be not promptty paid the said .JKort~d~ee may at ctny time pay the same
~ without waivin~ or acfj~'ectin~,s the option to foreclose or any rz~ht hereunder, and eaery
pczyme~at so made shall beacr anterest from the dat~e tlaereof c~t the rnte of 10$
per cent. per annum.
To pay al1 and sin~ular the costs, chargp4 an~l expenses. including laulJer's
fees, reasono.bly incurred or pcLid at any time by said .11Tortg'a~ee becduse of the faiture
on the naert of the said Mort~agor to perfor~n, comply with and abide by each and
every the stipulations, ct~reements, conditions and covenants of' said prumissory note
and this deed, or either, and every such payrrient shall. bear interest from date dt the
o
f 10 $ per eent. per ctnnum.
~ To keep the buildin~s now or hereajter on saicl land insured in a st~~n not
less th.un
~ Highest Insurable ~lalue Dollars, in a companJ or companies to
~ be ucpproved by sacid .ltlurt~a~ee, and ~he polic~ or policies held by and pciyable to said
.Jl~ort~a~ee, ctnd i~n the event any surrt of rrtonoy becomes payable under such poliey or
- polici,es, the Jlfortgcc~ee shall have the opti,on to reeeive and upply the same on account
- of the indebtedness hereby seeured or to perrrcit the .hlortgagor to receive and use it, or
_ cany part thereof, for other purposes, wi`hout thereby waivin~ or impctirin~ any equity
~ li,en or ri~ht under or by uirtwe of this mort~a~e, acnd may place acnd Ixi J far such
~ insuracnee or ccny part thereof, without waiving or af~`'ecting the option to foreclose or
any right hereunder, and each and every such pccyrrtent shall bear interest frnm dcate
at the rute of 10 $ per cent. per annum.
~O~OR (.GJ PAi~ .
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