HomeMy WebLinkAbout2996 ~r11U1~Pd t111U~}~8. , that i,~'said JFlortgagor shall pat/ unto tJte said Mortgagee
. the certaiK prorni~r8ory Hoff, of which the jotloiuin,~ in words and fl~uras is a true copy;
~ :dlit':~1N7M~~ Floridst
~ e , ~uoa~t~oul~ January - _ .1972 _
For value received, I or we, jointly and t~everallX, run~?se to pay ~ to the ordrr of WESLEY GILLETTE End
THANH GILLETTE. his wife _ ~ ~
Florida 33450 ~
. -Fort Pierce ~1b~X ~
i
_ ,
~ E~~ixeen Thous~?d__and nof100-----------($18,000.00)-----_._~.-_._tx)t.l.nKS
at___ 4Z4 Buchanan- -Drive:- Fort _ Pierce, ,Florida, in .120. _ nx,nthly installments of
raeh, at?d one itutalbnent of _ . Z~~s s4 the tint instalhncnt to brcwttr due ar?d rr rble an'
~ ~1~ ~ 1 x• -
or boon the 26~h -_d;ty ot_.__ February 1 ~1 79,- an,l ~an• inctallntent u? IN•,-r=tne duc :urd >iry:,blc on
inctluding
or before the2bth___-.-day of each succcrdiut; uaanh u~ttil the cvh~~k• of said indebtnlne•ic is p:rid~iYtyKinterest
_
fmm _ ~ date.~_at the rate ot_?~-pr•r ann,~,u. ~d t3uch default continues for 30 dA
If am installment of this note is not paid at the timr and pl•ti•e spccified,~thc entire .unount unpaid shall be s
= due and payable at the rkction o[ the holder hcmot. All 1?arti~•s he•tr•t~,, cvh~•ther makes, rnd~.,~=•~Y, sun•ti=•., •~u.u•.,ntors,
c?r otherwise; hereby waive demand, notice and protest. [ pl a ,the hands tan atum?e • for c„ •ctiun wr jointly `x'
- •tttd srvcra}ly agrcr. to pity reasonable attornry's t~Y•x, ~nc~udd~ng appe~l8te pr'OCee~~.ng$ .
Each installment first shall be applied in payment of the interest and they
on the uYpaid balance of the principal sum. x
` This note may be prepaid in whole or in part at any time without penalty.
= Ihre ~ x
a
- zSF.:11.j
:1ddr~•... - x
Trkptwae hb ~ _ (SEAL}
- - . MIU Wl~i SNG
and shall lierjoam, compllJ with itvrd abide ~y•~•each and J every tie s~ipu~at~ons, .
agreetraeat~s, -conditions acid ~eovenants of said promissory note anal of this deed, than.
this deed and the estate hereby createat shall cassia and be null and void. .
• .~1ttd the said Mortgagor hereby covenants and agrees: •
.1. To pay all and singular the principal and interest and other sums of money
payable by virtue of said promissorJ note and this deed, or eitlaer, promptly on the
days respectively the same severally come due..
~ 8. To pay alt and singular the taxes, assessments, levies, liabilities, nbligationa
and encumbrances of ever nature on said described property each and every, and
if the same be not prompt~y paid the said Mortgagee may at any time .pay the same _
without waiving or affecting the option to foreclose or any right hereunder, and every
payment ao made shall bear interest from the date thereof at the rate of 7~~ _
per cent. per annum.
7'o pay a1i and singular the costs, ehargPS arul expenses, including lawyer's
fees, reasonably incurred or paid at any time by said Mortgagee because of the failure
on the part of the said Mortgagor to perform, comply with and abide by each and
every the stipulations,-agreements, conditions and covenants of said promissory note
- avid this deed, or'either, and every such pacyment shall bear interest from date at the
rate of 7~~ per cent. per annum.
To keep the building now or hereafter on. said land insured in a sum not
less than highest insurable value
Dollars, in a company or companies to
be approved by said Mortgagee, and the policy or policies held by and payable to said
Mortgagee, and in 'the event any sum of morwy becomes payable under such policy or
policies, the Mortgagee shalt have the option to receive and apply the same on account
of the indebtedness hereby secured or to permit the Mortgagor to receive and use it, or
any part thereof, for other purposes, wi`,hout thereby waiving or impairing any equity
lien or right under or by virtue of this mortgage, and may place and pay for such
insurance or any part thereof, without waiving or affecting the option to foreclose or
~ any right hereunder, and each and every such payment shall bear interest from date
at the rate of 7~,' per cent. per annum.
~4~~302 ~~~E~9~3
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