HomeMy WebLinkAbout0387 . MORTGAG[ NOT[ ORtW'i FORM s~ Ma~.~o~w~~I od iw wl~ ?r T1N M. ~ W. 0.~.• G~~se~~ ~
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S 71 ~ 000 . 00 C~pY 5~~~ , Fbrida ;
- ~ne 3 , ~974 ~
FUR VALUE RECEt\'ED~ the undersigned, (joi~tly and sevrnp~, it more than one) promises to pa~ to
MARY B . COW1~N ~i
or order~ in ehe manner heceiaa(ter specitied. t~
ehe principal sum of Seventy-~II@ ~lOL1Sal1C1----------- ~0/100 DOLLARS ~
(S 71 ~ . ~Q with intrr~st from date at the rate oE 8~ per crnt. per annum on the balaace fmm timc to timc ceauiains uApaid.
h s~id p;'nLcipalt~jnt ~~1~~31 be pa~abk ia lawtul money o( the LTniced Staca of America at~~~~~~, ~~`q~ ;
do~
RT I~Ad / Z at such place as may hereatcer be dcsigoaced by writtco notice froin the holder to the maker henof+ on
~k~°~ate a ~t+~~~~T~o~~ti~g: ~„~~ty-1'hree T'housand Six Hundred Sixty-Six and 67/100
($23,666.67) roliars principal plus interest then due on June 3 , 1975,
and ~ne 1976, and a final iristallment of Twenty-Thrse Thousand
Six Hundred Sixty-Six and 66/100 ($23,666.66) Dollars of the pii ncipal plus
interest then due on June 1977. The maker may prepay any part or
all of the unpaid principal at any time after January 1, 1975. All pre-
payments of the pr~ncipal shall be-applied-to-~he-n~xt-annual--installmea
becoming due. ~
t11~ OOC- S~~ "
a~ela?w~
'Thu note with interat is securcd by a mortgage on real estatc, ot e~en 8ate herewith~ made by the maker hereof ia tavor oE the uid
payee, and shall be tonsttued and enforced according to the laws of the State of Florida. The tern?s of said mortgage are by this se(erente
made a part hereof.
If default be made in the payment of any ot the sums or interest mentioned herein or in said mortgage, or in the pertormaau of
any of the agreements contained herein or in said mortgage, then the entire principal sum and atcrued intemt shall at the optioa oE the
holder hereot become at oace due aad collectibk without notice, time being of the essence; a~d said principal sum and uuued interest
shaR both beu interest Irom such time until paid st the heghest rate albwabk under the laws of the State of Fbrida. Failun to exercise
~his optioa shall not constitute a waiver of the right to exercise the same in the e~•ent of any subsequent default.
Each person liable hereon whether maker or endoner, henby wai~•es presentmenc, protat, nocice, notice of protest and aotice o[ dis-
honor and agrea to pay all coats, including a nasonable attorney's fee, whether suit be brought or not, it, after matunty of this note or detaule
hcreunder, or uadu said mongage, counsel shaU be emp~oyed to collect this noce or to protect the security oE said mortgage. ~
i ~ Nhene~•er used henia the terms "holder", "maker" and "pa}ee" shall be construed ia the singulu or plural as the conte~ct ma~ ~
i rcquire or admit. ,
~ /s/ Arthur G. Quinn, Jr. `
Maker's Addreu ' - - __...Qullfll;---- - • SE4L) ~
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~ - Arthur G•- -----•--•----•----------5~:: , Aas TYt~~t~e~
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