HomeMy WebLinkAbout0109 $ 46 i860. 00 ~ort Pierce, Flerida v mb~ 19Z6_._
FOR VALUE RECEIVED~ the undereigned. jointly and severally. prnmiae to pay to the
, order of LOUIS L. MASER. DAVID S. MASER and KEMP A. MASER
~ at 6 ~ S~ i+=sr• F I_ 3 3 y~~~
f~ V IRl! .t _ I~ A ~ .
~1 ~llAla OI~Y itV/ 1VV b
I the principal aum of FORTY-SIX THOUSAI~1l?_,EIG_
HT~t1ND~DI DOLLARS, with :
_ ~
intcra~ ut thQ rate oi $ix per cent per annum trom NoveIDber 24. 1976until
pa~d, in ~nstallmenta as followa:
1~elve (12) equal annual installments of $3,905.00 each, PLUS
INTEREST ON THE UNPAID PRINCIPAL BAI.ANCE, with the first install-
ment to comnence November 24. 1977.
RIGHT OF PREPAYMENT WITNOUT PENALTY SHALL COI~IlKENCE SUBSEQUE~IT T0~
December 31, 1976. '
If ~u~~• i,~~txliment be not promptly paid within _ 30 _ days next after the same be-
comcs due, then, at the option of the holder l~ereof. the full amount remaining due upon
tl~is note slinll thereupon become due and payable at once. together with all other indeb~
cclnr~ stipult~ted iu this note und in the mortgage given to secure the same.
Ti~c mnkers ancl endorserA of this noto furth er agree to waivo notice of non-j~nymont.
~)COtCPL c~nd dem~nd [or payme~t. and in casa suit eliall be brought for the coliection
}~~reof or the a:ime sl~~ll be collectod upon demand of nn attorney, to pay all expenaea
of such collection, inciuding a reaaonabie ai"torney'a iee inereon.
Documentary stamps in the amount -
of $70.35 attached to original /s/ DANIEL GLASSMAN (SEAL)
note and canceled. aniel Glassman
i /s/ GEORGE SALEEBY, JR.
~ . (SEAL) ;
. -
j - - _ - . - : -
~ ° -
~ ~ - / s / RONALD OSTROW (SEAL) ~
~ ona strow
/ s / MURRAY ROSEN ~~AL)
~ Murray Rosen
and shall perform, comply with and abide by each and every the
agreements, stipulations, conditions and covenants thereof, and of
this mortgage, then this mortgage and the estate hereby created shall
~ cease, determine and be null and void.~
AND the Mortgagors hereby furthPr covenant and agree to pay
promptly when due the principal and interest and other sums of money
provided for in said note and this mortgage, or either; to pay all and
~ singular the taxes, assessments, levies, liabilities, obligations and i
~ encumbrances of every nature on said property; to permit, com~it or =
suffer no waste. impairment or deterioration of said land or the im- ~
~ provements thereon at any tiuie; to keep the buildings now or hereafter
~ on said land fully insured in a sum of not less than full insurable
value in a company or companies acceptable to the Mortgagees, and in
the event any sum of money becomes payable by virtue.~of such insurance
the Mortgagees shall have the right to receive and apply the same to
the indebtedness hereby secured, accounting to the Mortgagors for any
surplus; to pay all costs, charges and expenses, including lawyer's
uw~2'b~ F,~ f~9~ .
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