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Home My WebLink About1178 MORTGAGE NOTE s i~~.i,'1i1:1 Jl1 Uti'lt' ~~~1 ,19 For value receivtd, thr unders~gnrd juintly and serrrally promise w pay to the order of '~I ~5~: t~iAr~t%.±t~.L~ p.'-~~.~;. ~J~~ ...?;~'i _'.~_i:t'.'-~;` . :i t.C'•:ie:Iti~. ~i_l:'iei~,'1` CUT't`UTeiS"}.:iIT, -;-v~_' t?L'ili;P!::; ~',z~T~ ~:in}:F~: T::(1i,':;f+:Y~ A.~;d ~t~/1`•.'0- the principal sum of Dollars, a~th interest thereun from date at the rate of per cent per annum: the inte~est and prinripal of this note to be paid as follown: :1V^.'. ':~f~it 4'-} '}':li it ~ ~;~~j~ a~rs~~~3 :"1C1'1~....~'7 '~)a3~i::if;Ctt6 C~. ~~lt~ ~[~+~i~~~,:'~~ :?;~;d.:;~.. '..T.i_ t~~~.i ~~f~;~~~ ::cl~.3r9 {;t,:~37.l5!. ~:.~'~:,i i il:1Ci ~ ~ ~ .~Fi_:c:,~ii'V y ~j ~~1'r ~~l~l~':~:1~; :Tf~~.::`i~.L~ :Z:LtT.l'~~~ f3eginning on - , 19 the wn~q~~~~ Dollars, and ihe sanie amount on the s3me day of each month for consecutive months until Ihis note is paid. 71~e afotesaid payments are to be applied first to interest at the rate aforesaid due upon the principal sum or so much thereof as shall from time to time remain unpaid, and the balance of each payment shall bt applied to the reduction of thc principal. All payments of interest and principal are payable at the office of the payee in the cily above set forth, or at surh other place as the hoWer may designate in w•riting, in lawfui money of the United SWtes. If any of said payments of interest and principal shall not be paid when due Ihen the entire principal sum and accrued interest shall become due and payabk at onct, at the option of the holder of this note. Thu note is to be ~ unst:sed as3 er~ :;r:€d accordirsg ta the taws ~f ihi S.ate of Florids, a:i3 "ss se:ured bp mor.~~ on real ' L.31~,' t. C: ` estate Batcd ` , !9 . If default be made in the payment of any of said sums or interest or in the performance of any agreements contained here, or in perfortnance of the terms of the mortg~ge securing this note, then, at the option of the holder of the same, the principal sum then remaining unpaid with accrued interest shall immed'utely becorne due, payable and collecGbk without rtotice, time being of Ihe essence of this contract, and said principal wm and said accrued interest shall beu interest at maximum rate then allowed by law, from such time until paid. The holder is given and agreed to have the right of xtoff against all deposits, accounts, ctedits and other propetty of each maket, guarantor and endorser in posussion or ronttol of the holder for any ard various wms due hereunder, without requirement of notire. Any language in said note or morl~uge to the conuary notwithstanding, nu interest shall be charged or colkcted in excess of that allowed by Florida law, a~d in the event of the accekntion of the mortgage, and the notes secured thereby, any prepaid and unearned interest and points in exceu of a law~'ul rate ot interest to the date of enforcement of payment shall thereupon be refunded to the. MortRagor autom~tically by the crediting of same agains the sum then due, but such crcdit shall not cure or ~ waive any default occasioning accelention. . . Each maker, guarentor and endorser waives prexntment, protest, noti of protest and notice of dishonor and agces to all costs, including a r~asonable attomep's fee and any attotney's ftes incurred o appeal, ahether wit be brought or not, if counsel sha0 aRet matutity of this nott or default hereunder or under sa~ mortgage be employed to colket this note or ro protect the security thereof. ; DETA1 ~ LOA\ , ~ Q~eck it applicable: 1. C~ No notire of recission required 3. ? Notic of reciuion required ~ 2. O No tlood inwranre required 4. Q FI in~urapce rcquired ' 1 ' ~ MORTGAGE pAY~tENTS tnade in . cunsecutire ~epayments of each, the first of said pay- ~ . ,r ~ menls due ' ~ J,9 Payments may inclu and ~ su n• escrow. CONSTRU(TION LOAN (if ~ ~ . '~7 y ~ applicable): Interest accrued at ~ per annum payabk up to , 19 ~ , on amounts ~ disbursed from the construction fund, on that date regulu payments begin_ g INSURANCE: Credit life and/or disability insunnce not required, offe or pr ided for. Property inwrance (Cre and casualty) i is required. Flood insurance in certain desigruted u s also rcquired. ort life insurance is not roquired. Such insunnee u ~ is required or desired may be obiained from or thr a duly lice pe n or company that Borrower may choou, subject to Lender's :ight to reCuse an insurer for good cau The ank can,' you "sh, urange for mortgage life inwnnce, but not (or ~ property inwrance, fire insurance or flood inwrance. ~ LATE PAYMENT AhD DEFAULT: Bonow•ers are subj t to a la ch ge not to exceod 2~ of any installment unpaid for 10 ~ days after the due date with a minimum,charEte as may reuon 1}• mposed by the bank from time to time: after default or g rtuturity the principal sum remaining n~d and accrued interes sha both bear interest at the maximum rate then allowed by ~ I~w. Bonowers shall pay all costs of col cti k T " ~ SECURITY AND SETOFF: Loan is se rod y a mortpge of , 19 ~ on the real estate described, ~ ther~in togethet with all appli~nces and ems now o hereaft att •hed to or placed on the property and considered fixtures. jThe Bank is given the right of setof( again aU dep 'ts, cred' s a other property of Borrowen in the posseuion or control of the Bank, for the indebtedness, though un tured. e mor ge ~ 1 secure.future or otha indebtedncu and will cover aCter acquired property. PREPAYNENT: Borrow-e at any me p pay in full or in patt any unpaid balance without penalt , ~Y Panial prcpayment shatl be a lied y. pp against t e wrtu w ch will st txcome due hereunder but shall not othervrise atfect the ~ due dates or amounts ot payments ASSUMPTION: If a ptan f this loan is permitted by Bank, 8ank will charge a service fee for said aswmption. Such usumFtion shall be gnnted a the Mnk's sole discretion. ~ s ~ 1 acknow9ed~e the rccei~+t of a rompleted copy of this note prior to signature, and that it is cottect. a ~ Maker's Address: € ~ . ; , r. < - - ~ ~ ~ ' ISEAI.) _ _ . _ . _ ~ t , ~ . . ~ , ' ISEAI.) ~ ~ ~ ISEAL) ~ ~ ISE:AL) ~ ~ aooK 311 ~~t ii?? ~ ~ ~