HomeMy WebLinkAbout2568 W _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
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that Il fNortgsgor shall psy b mortgagee, IYs successor, kgal rept+esenta-
tives wassigns, that Promissory Note, a c+apy of which is set forth here: '
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NOTE August i9~s
Date
s.........:. 25,135.60 ...............I;:~~...~~AX~..................., Flortda .
FOR VALUE RECEIVED; the und~raigred (referred b as 'Maid', whether ors w more), )Dirty and asvoraty, prom
less b pay b the order d OEa;k, F~??~A~~~..~S4~8AIC~l~.~.OA..gU0.~/.RX. A?1~i[#~S~faA.
(wtw bgethsr with subesqusnt holders d this note. b referred to as holds+), at .3~ O~..Gr~~~Ein. ztd,.. ~*.t....I.tl<ud......Fl
or other Holder may dssgnate in writing the sum d .~°:~?~~@!li~. T~lAUa~..S~A0. . ~ituLdrAd..Tkirty.
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F VA li , 0100 DOLLARS„ pay~~ in lawful mousy of the untied states in.......~.l.R conascuths mouthy - `
instapmsnts d:.:..1~ 6.13 ...:.........sash, and final kutaument d i •.1~............. ,on the ..:....day d each
month. oomrrtsncing .19 ,and oontinWrtp thereaRer until this note id fully paid. -
The Maker Malt have the pri+rilsps to prepay thin Hots in full before maturity. ff this loan is prepaid to full, or ff Holder a~
cebrates the maturity d the unpaid balarxs of this note ss provkted herein. the Maker will receNe a rebate for any uneamsd
interest aotroNlnp to the'wm d the digits" method Rebates d less than 11.00 will rwt be made. ~ - -
!n the event d the Makerd default for ten (t0) days or more in making any payment due. Holder may assess a defauR a
charge equal to 596 d the unpakt amount d ouch payment. t
Holder may declare this note due and payable either: (i) when permitted under any taecurily agreement or mortgage, now -
or hereafter in effect. securlrq the repayment hereof; (iQ upon the defauR. in any payment required hereunder; or (iii) upon tiro
~ insolvency or bankruptcy d any maker. Indorser w guarantor hared. After maturity, this note Mall bear interest at 1t396 per
annum. In no event shall any Maker. indorser or puarontw d this note be obligated to pay any interest in excess d the
maximum amount permitted by Florida law. Each Maker, irxbrser w guarantor. )Dirty and severaWy. (i) promises to pay all -
cost d ooUactlrq ttds tide. inekxiing a neasorrebls attomeys fee, whether. kx:uned in connection with coaection trial appeal or
otherwise: and (q wahrss presentment, demand, notice d dishonor and protest. _
~ Tnis note kt secured by a S! cord , , , , , , , , mortgage d even date herewith covering the cdiaterai more particularly
described therein.
Thb loan is made pursuant to the rate provisions d Chapter 656.687.12 and 494 d the Florida Statutes.
~ Each Maker acknowledges receipt d a copy d this note, and sprees to aU d the temps contained herein.
/sl, WILLIAM J. TRANTHAM -
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Maker WILLIAM J. TRAAITHAM (Beef)
,t's/.... PATRIC,IA, .A... TBAAIT.~iAAi .
. Maker PATRICIA A. TRANTHAM
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and will perform and comply with every stipulation, provision and condition o/ the note and of this mortgage
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and shall pay elf taxes which. may accrue on the property and all costs and expenses which mortgagee, iYs
legal representatives, successors or assigns may be put to in collecting the note in foreclosure of this mortgage
or otherwise, including reasonable attorneys fees. In that event, this mortgage and the estate created by it
shall cease and be null and void.
1. This is a ...second
mortgage loan
2. In the `eViL?rit'ariy Mortgage superior to that held by Mortgagee is delinquent or in arrears or other-
. wise in default, Mortgagee may, at it's option, make all superior mortgage payments and/or cure the default
and immediately declare due the unpaid principal balance of it's mortgage to be payable on demand.
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