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MORTGACE NOTE ~
Principat Amount: $Z.~•~ Date of Note: ~t ~S.i977 ~
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Maturity Date: ~
Interest Rate: 9 ~,o
Amortization Period: From the day hereof to Maturity Date.
Instalment Payment: $79.30 p~! ~
• First Instalment Payment Date: ~ s~ ~
The Payee: ~~i Q a!. Il~ ~~i!'Y
Address: ~ ~ ?~O~t pl~+0~~ !LO[l~d~ ~~`SO
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FOR VALUE RECEIVED,~ the unde~signed and if more than one, jointiy ~
and severally (the Maker), does hereby cove~nent~
nd promise m pay ~ the
~ . ~ ordc~r of the Payee, or to its successors ors"s~ s
s, st its principsl offlce, or
at such other place as the Payee may designste to the Maker in wrlting from
time to time, in legal tender of the U~ited Ststes, ths Principsl Amount to- .
gether with interest at the Inte~est Rate on the unpsid balance of the Principal ~
Amount. ~
~ The sums due and owing hereunder shall be psyabie durin~ the ±
Amortization Period in equsl monthiy instalme~ts, each in the amount of the
Instalment Payment, the first such Instalment Payment to be made on the First ~
~ ' Instalment Payment Date a~d subseque~t Instalment Psyments on the first day
of each month thereafter untii the Matur3ty Date whereupon the aintire unpaid
balance of prtncipal and interest accrued and unpsid thereon shall become due r
a~d psyable; each such'instalment when paid shall be appiied first to the pay- ~
ment of interest on the unpaid balance at the Interest Rate and the remainder
thereof to payment on account of princtpal .
if any instaiment Payment shsll not bs pa~d when due, then the entire
principal sum and a,ccrued interest~hereunder shail become due and psyable
at orn:e or thereafter, at the option of the holder of this Note. The Psye~ may,
at its option, collect a late charga not to excesd two cents for esch a~e doliar
of each Instalment Payment not paid when due Lo reimburse the Payee for ~
expenses of servking delinquent Instatment Payments. Failure to exercise -
these options shall not constitute a wsiver of the right to exercise the same
in the event of sny subsequent default. ~
. ~
it is further agreed that the Maker at~d each endorsar, surety, guar- ~
an~or, jointiy and severally, st~sll psy ali eosts of collection of this Note, ~
Including a reasonable attorney's fee, fncluding all costs, expenses and
at~orney's fees for any retriai,~ rehearing or appeals, on failure to psy any
' Instalment Payment or a~y accrued interest due hsreunder on the due date
thereof. This Note and atl swns due hereunder shali bear interest at the
highest isvrful rate of intsrest per annum in the Stste of Florids fran the date
when the pri~cipai and accrued interest under this Note shsil be due and
payable. The total interest payable hereunder st~sll not in any one year ~
exceed the highest lawful rste of interest in tha Stata of Florida. ~
BOOK ~ / J PAGE ~
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