HomeMy WebLinkAbout0722 A1TA~~Nf 2
MORTGAGE NOrTE
. Ft. Pierce, Florida
May 16, 1979
FOR VALUE RF.CIVED, tlie undersigned maker promises to pay to the -
order of G. I-II?RBERT CAI L, a/k/a G. H. CAI L and D4rii E I.EE CAI L, a/k/a
D~iNIE PEGGY CAIL, his wife, the swn of FIFTY FIVE 'I~~OUSAI~'D ONE FiUNDREU
EI(~fIY and 60/100 Dollars (~55,180.60), together with interest thereon -
as hereinafter set forth; both principal and interest being p~yable to:
4715 Okeechobee Road Fort Pierce, Florida 33450
or such other address as the holder may specify by written notice, in
lawful money of the United States of America. The payments shall be
made in the following maruier:
A1ay 16, 1950 - Principal in the amount of ~5,518.06 plus interest
at the rate of 7~ per annwn on the unpaid balance.
May 16, 1981 - Principal in tlie amount of ~5,518.06 plus interest :
at the rate of 7$ per annwn on the i.mpaid balance. '
May 16, 1982 - Principal in the amount of ~5,518.06 plus interest
at the rate of 7s per annwn on the unpaicl balance.
May 16, 1983 - Principal in the ar?blmt of $5,518.06 plus interest
at the rate of 7~ per annwn on the unpaid balance.
May 16, 1984 - Principal in the amount of $5,518.06 plus interest
at the rate of 7o per annwn on the unpaid Ualance.
Dhy 16, 1985 - Principal in the amount of ~5,518.06 plus interest
; at the rate of 7o per aruunn on the unpaid balance.
t
f rtay 16, 1986 - Principal in the amount of ~5,518.Ob plus interest
j at the rate of 7s per annwn on the unpaid balance.
~
1~1~ay 16, 1987 - Principal in the amount of $5,518.06 plus interest
at the rate of 7a per ann~n on the unpaid balance.
~
~
~ i~iay 16, 1988 - Principal in the amount of a5,518.06 plus interest
~ at the rate of 7$ per annwn on the unpaid balance.
~ bhy 16, 1989 - Frincipal in the amount of $5,518.06 plus interest
~
at the rate of 7o per annum on the unpaid balance.
~ the maker hereof to re a an
~ Prrvilege is hereby granted to P P Y Y
installment or multiple thereof or othen~vise any portion of the principal,
~ including the whole thereof without penalty.
~ Tliis Note shall be suhject to the terms and conditions of that
~ mortgage of even date herewith from the i.mdersigned to the payees hereof,
- said mortgage being a Purchase Abney Mortgage, wliich mortgage secures -
certain property in St. Lucie County, Florida, as more fully described
~ in the previously mentioned mortgage, and shall evidence the amoimt
E of the obligation and the terns and conditions of payment thereof; hvwever,
~ the holder of this nate does hereby vaive any deficiency judgment or any
~ deficiency or the right to any deficiency or deficienty judgment, and the
~
~ obligations of the makers shall be limited upon default to the right,
~ title and interest in and to the reaiming unencwnbered portions of the
~ real property so described in the mortgage. The remedies of the I?k~rtgagee
~ shall be limited to the foreclosure of the said mortgage and such other
~ „ remedies as provided by the terms and conditions hereof, or of the
~
~ k 309 ?22
~ BOOK ?AG:
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