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, HORTGAGB NOTB
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$ 24,500.00 Ft. Pierce, Florida
• October 17. 19 75 ~
For value received, the undersigned, Jointly and Severally ,promise to
pay to the order of Title b Trust Company of Florida the principa2 su~ of
lwenty Four Thousand Five Hundred and __nonQp DpLI.ARg ~
24,500.00 ) with interest thereon at the rate of 9 per centus per annum
from date until maturity, said interest being payable monthlq
both principal and interest being payable in lawful money of the United Statea
of America at: P. 0. Box 1438 .
Jacksonville, Florida 32201 • ~
or at such othes address as the holder from time to time may specify bq written
notice to the maker, said principal and interest to be paid on the date and in
the manner following: ~
Payable in Three Aundred (300) consecutive monthly inst~-lments of Two
Hundred Five and 61/100 ($205.61) each, including principal and intereat,
beginning on date or January 1, 1976, and each month thereafter, the sums
being applied first to interest and the remainder thereof to the reduction
of the principal, until such time as both principal and interest are fully
paid.
The makers reserve the right of prepayment at any time without penalty.
i This note is to be construed and enforced according to the laws of the
; State of Florida, and is secured by mortgage on real estate of even date /
f herevith.
~ ~ If default be made in the payment of any of said suma or interest or
~ in the performance of any agreements contained herein or in the said mort-
~ gage then, at the option of the holder of same, the principal sum then
~ remaining unpaid vith accrued interest shall im~ediately become due and
collectible without notice, time being of the essence of this contract,
~ and said principal sum and said accrued interest shall~both bear interest
at the rate of ten per centum per annwn, from such time until paid. ,
~ Each maker and endorser vaives presentment, protest, notice of protest
and notice of dishonor and agrees to pay ~11 costs, including a reasonable
~ ~ attorney's fee, whether suit be brought or not, if counsel shall after ma-
; turity of this note or default hereunder oir under said mortgage, be employEd
3 to collect this note or to protect the security thereof.
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~ /s/ Paul E. Lambert (Seal)
~ Paul E. Lambert ~
~ /s/ Mandy M.-Lambert (Seal)
~ Mandy M. Lambert ~
~ ~ (Seal)
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~ (Seal) _
~ Maker's Address
~ 5411 Killamev Ave. ~ 0 Q
~ 8ooK244 P~2749
~ Ft. Pierce, FL 33450 _
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