HomeMy WebLinkAbout0849 ~t t1~s some, togef{~er wifh Ihs l~nun~r4la. I1MfdI~OrlM1~ rond appu?t~-
nances fhereto belonging, anc~ fhs rents, ti~ues anc~ pro~lfs fherso~, unlo ths mortgnpts, tn ~~e iienp~s.
n1~R the mortgagor co~e~anls witl~ Il~e mortgogee tha! Iks nwhgago? b i?~dej~asibly stized o~ iatd
~anr~ in ~e~ iin~ple: !ha! fhe morlgugor has good rtght and ~awf
u~ aut~orify fo conwp satd la.~d os af
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sald; fhat t1~e mortgagw wili mnke aucJ~ /urther assur+ancea !o pe~rct the j~e ii~npb titb to said (Qnd in th~
mortgagee as may neusona6ly 6~ required: 11~at tke mortgngo? k~nby (uUy warranta th~ Nib to ,atd lo,~d
( wu! will de~end tl?e sam~ agatnat !he law(ul claims o~ al! p~nona whonuow~r: and tkat satd lnnd ta /n+
..1~. l vl~ ...,......L.~...... c+urpnt rho~cp taxPC accru3no subseauent to Dec. 31. 1977.
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~V~ ~~s~ that i~ said n?orteagor ~hall pay unto said mortgngse the certain prom4-
sory note htreinu~ter su6stnntiaUy eopied or tdenti~ted, to-wit:
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MOR74AGE NOTE - ~
Ft . Pierce . F1ur~ds ~
S 3,000.00 August 4 . 19 78 ~
FOR ~'ALUE RECEI\'ED, tht undersigned, (jointly and s~verall~•, ii mort than one) promises to pay to i
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_ SA.;tUEL L. MASDON ~ or ordu, in the mannen c~reinafter ape~ed, . ~
' 100 DOLLARS
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:he prineipal ~~m o~ THREE THOUSAND .AP7D NO/100------ ~
~ ~j ) whb iutere:t from datc at the rate of pcr cenc• Pu 2r.num on the bilince from time to timc remainii?g unpaid.
j 3,000.00 1~ble in laMdul money ot the United States of Amerin at 1602 28th St. Haleyville, AL ~
s Th~ uid yrintipil and intercst sh:ll be p Y. ~
~ ~S3~iS or at "such plact as ma~• het~after be d~signat~d by~ ~.~ntten notict from th4 holder to the makcr hercof, on
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; .hc date and. in the minner following: • ~
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~ Principal and interest due and payable one ycar from date. ;
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~ The makers zeserve the right of prepayment at any time without penalty. ~
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Y' This notc v.•ith int~rest is sccur~d by a mortgagr on rea) estate, of c~en datc herewith, made by thc a:aker hercof in fa~•or o[ the caid •
~t ~~avet, and shaU be construed and enforced according to the laws of the State of Florida. 'Thc terms of siid mortgage ue by this refertnte ~
::.ade a ptrt h~reof. ~
I( dcfault be made in the pa}~nent of any of the sums or intcrest mencioned ?~erci~ or in said mortgage, or in the pcrform~nce of ~
4: zn~• oi the ~grecmcnts con:ained herein or in said mortgage~ then tht entire principal sum and accJUed interest sh:ll at the opuon o: the ;
F :^.elder hereof become at once due and collectible ~.•ithout notice, time being of the essencr, and said priacipal sum and accrued interest f
s;zll both bcu interest irom such time until paid st the hichest rate allow~able ur.det the laws of the S:ate of Florida. F3ilure to cxeruse ,
c~is option shaU not constitute a waiver o( the riFht to cxcrux the same in the cvent of any subxqucnt default ~
Each person liable hueon wbethv maler or en3orser~ hercby waive: presenvnent, protest, notice, notice of protest a~d notice of di~- `
^cnor and agrees to pay all costs~ including a reasonable attorney's fee, v.•hcther ~uit be brougbt oz not, if, aftet maturit~• o( this note or default ~
hcreunder~ or undu said. mortgaee~ counsel sha)1 be tmpbyed to coliect this note or eo prweet the ~ecurity of said mortgaga :
N'hencver used herein the terms "holder"~ "maker" and "payee" sh be tonstrued in the :ingulu or plural as the contcxt mar ~
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Y ? r:quut or admtt. _
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: Maker's Addreu - - ~
DANA A. LONGINO
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• .................................6..~~~.~W PACE ~ (SEAL)
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