HomeMy WebLinkAbout1968 MQRTGAGE NOTE .
• s~2~44~_ Februar~r 16 . _ ~1~79 .
tot valve tcceivt the tsadsrsipasd Jointly utd stverapr ptaaire toper to the adsr of FIRST NATIONAL BANK
OF FORT PIERCE. ~a federal banking corporation,
the principal tern ot_ T~i1TY-TWO THOUSAND and tlo/ 100- - - - Oollan.
with interest thereon (tom date at tht rate of t~ pet ant per annum: the Interest end prittcipel of thb cots to bt
part u fullvws:
Three hundred (300) equal monthly payments of TWO HUNDRED NINETY
and 79/100's DOLLARS ($290.79)
Be inn oa September 1 ,19 79 thew TWO HINDItED NIl~TY and 79/100's ~,n,
and tt same an?ount on the stmt day of tech ttsonth for eonstetrtiva atontb until this note is paid.
llte afaresaid paytttents art to be applkd flat to interest al tbt rate aforesaid dee upon lM ptlntdpal lust ar so ranch tMnof
as shstl (rum state to tune remain uapaW. sort IMe balance of nth payment sltaM bt applied to Ike tedeetioa of the ptincipaL
AU paymenu of interest sad priaci~al us parable at the oftkt et the payer M tbt eNr above trot forth. of at sac? otbtr
place as the tart our desitnate is wHtntp. sA IawtW money of the Unittd Sans. If aq d aid Pq?rtanb of iatarest and
- principal shall lest be Paid when due tAtn tM satire principal start and accreed iatenat ttltalt btcoma daa rd parabk,at ottDt. d
the opttoa of the holder of this sole.
This note is to be constrtrd sad erttotced acoordittp to tMe laws of tM Start el Florida. sad is revered br rtortpp oa real
cute DatedFiahrtta
r 13..,19.x_.
If detaelt bs ataJe in the payment of say of saW setts ee intetsri ur r lha patfaaana o[ am apetasenu eonuinad hers.
of rn perfotanace of the rums of the mottdtp racer' tW note, then. at the option of tM ho1Nr et tM earns, the priatapal
s +m then retnainittR unpaid witA accrued intstat shap~rntdistNy btcottse dos, PeYabM ttsd coMcWit rkltMrt sot .tints
irrrntt of tl?e essence of this cuntrsct. and raid ppitt~cipel lost awl said tntecd ialettM that brat MMttat at .s>tutLttttm tats Then
allotsed by law. from strcl? time uotii paid. The Isoidst. is piren and sprsed to have the right of stto(fa~ ap deposits. aoooonb.
credits aa1 other property of each maker.`twraator and srdotser in potuewioa or patrol of tits heldit~ter ear trod various rely
due heuurdcr, withuet regWrcttsent of twlice.
Any latgtua,e in aid Wort a raor.twt {o the contraryy notwithttandisti. tto intttest steep M elwpad a eoptcitd iw excess
of that sik~wed by 1•lorida law. std is tht areN of tbs aoakatba oI the asatpp. sad tltt totes sewrM tMrabr. ear Prepaid
and unc~rned inttreit and pasts is exossa of a lawfal rats of Mtsrest to tilt daN at ea.araaattat of parwtttt s~aN tMrtupot be .
retutdee to the Muttptor auionsaticapr hr tY eteditittp of lease apMst the sort flan dos. btst srdr estdit tla~ tot uns at
waits any defaWt ocasiwtta~ scakratioa
Each maker. ruaraalOr and eadotser waires pnseatateat. ptottN, notice of ptoatt awd woes of didtoaot aM apses to all
cysts, includirgt a reasumak attorneys fee and ear art«aey's fees Mtctrrred nn sppal.whethtr wit be broupltt or sot. if tossed
sh,U alre~ mates try of thn note w default berturtdet a unJer said mortayte. k eatpbysd b cttlkct this Hots of to protect tM
securely thereof.
DETAILS OF LOAN
(7tsck if applinbM: 1. iQ.s r1Ms.'e of recissiwt tegeited O Notice of recision required
~ N.. (loud inwrattce requued 4. U hluod inserance requ~ed
IdU1tTGAGt: PAYMENTS made m 3~consecutivs 1~11}i=peymeats of i each. the tint of aid par-
meats due -dept • l . 19 rarmetts star include tax and inwranct tapow. OO UCiION LOAN (if
appltraMr)• latstest a.•cteed al l0 per anawn parsbie eP Io Sept ' l .19~ oa amtwats
k Jnbnrsed from the .anstructiun fund. on that daM ttdehr pbrtstttta heals.
INSURANCE: Credit Gfe and/or diabilify Mtwtaace Mt retluitN. offcrd a prorided for. rroperry iasnraap (rise and atealty)
rs nqutsed. Mood insurance is artaia detiBaatN stet k else eegeired. Mortpp rife iustrraaos b not rptrited. Such inserana ss
i~ rtquireJ or desired may be obtamod from a thtoupls ear dtsir tioensed psrsna a cotnpanp tkat brrowtr err choose. wbjat
to lender's r~l+t to refuse an insurer fat good setter. Tltt Wok can. ~ you wirA. rrartpe for mortpye life itsnraace, but ool fat
pr..perty insurance. foe insurance or Hood ianttattee.
LATE MY?IkNT AND DEFAULT: Borrowers ere wbject a a lots chirp not to sxtxed 2~ e( ear iastapataM unpaid [or l0
Jays after the due date with a, tninineset cltatp r ~ bs reasowably imposed br tM bank fees liras to tints; afar ds(stdt tr
• uw: urtty the principal sum remainirtp uttpsid and acrned irslsteq strap both beet interest st tM watciawtw rate then opotred br
i,w. Burrowers shall par ail cults of colleetioa.
5F.CltRITY AND SITUFI~: two is secured br a trtortp/e raf~~T,x 16 . 1!~_ea tits rtat estate daaibad.
thetem tr~ether with all appluta:es and itw now or Mrtaftst attachtd to w placed et ills ptepertr and waidtred titttetts.
77tr Hank is peen the right of setuR apiatt aU , erNiu sad other property d rot?ottrws M the posssssioo K control d
Use Bank, fur the indsbtedaess. tboudt trtsWure/. Tltt ntonpM w71 secw+s turves a etbe NdeMedtas asld ar/ eo~aet afNt-
acyuucd property. PRl:PAYM>:NT: rowsn mar at am tirrtt greasy iA fep of M peri cep tsrtpsid bsMaerwithottt tr.
Any patrol prep.; meat shall be applied apJnst the wtna trlsiclt wdi last bscoa~s des herststtdst but shah not othettrbe eel the
Jut dates ur am.ruuts of paytweats. ASSUMRION: it aattrnptiow of this bee Is ptraillN br Wale, !lank rip grata a otrvics
tee for sad assumption. Such aswmptwa shay bs pealed at tbt beak's sole diserstion.
1 acknowieJSe the receipt of a completed copy at this tots prior to sipiatws. std that k is Dorsett. CQ
1/
Maker's Address:
4141 - 16th Street , Apartinettt
~ / (SEAL)
Ste
13-2 , Vero Beach., Florida s/ r (sEAI)
(SEAL)
(SEAL)
. aa~K303 ~?~E1~5
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