HomeMy WebLinkAbout1078 ~iNP~d that !f Mortgagor shat! pay to mortgagee, iCs successors, legal representa-
tlv+es or assigns, that Promissory Note, a copy of which !s set forth here:
i
NOTE
Date..~1$VpG'.•.~~...a.~7~......
~ 10,81Z.0o
s ........~...>'if~trfaR Florida S
FOR VALUE RECEIVEt), the undersigned (referred to as "Maker", wMMer one or more). Jointly and severalty, pr'y'
lees to pay to tM order of py~?>~. lSalA11CIJ1I. •tJQ1Ai~I0?lt •a~?~or• ~18SIrG1iS• • • • • • • • •
! (who togethst with subsequent holders of this note, is referred to as hoktsr), at 3Znl. ~Gsiit*in..8d.... >!t... Laud.,..lla... r
or such other place as Holder may designate in writing the sum of .TaK 37~EiT..ffi1l1DREQ:.~lRtLYE. at>~. A0~[3A4
-rrrsmr.--: sr--~rDOLLARS. payable in lawful money of the United States in..........1LR oonsscutiMa,monlhlY
instaNmsnta of tt ......9A.1Q ..............each. and Mal installment oft 94. lo...............on the ..23xdday of each
- month, commsndrq ......~~P.C~g~.......,t9.79 ........................and continuing thereafter until this note iafuNy paid.
The Maker shall have the privilege to prepay this note in full before maturity. 6 this loan is prepaki in full. or if Holder ac•
ceNrates the maturity of the unpaid balance of this note as provided herein, the Maker will receive a rebate for any uneamsd
' Mtsrest according to the "sum of the digital' method. Rebates of less than 11.00 will not be made.
In the event of the Makers' default for ten .(10) days or more in making any payment due, Holder may sasses a default
charge equal to 596 of the unpaki amount of such payment.
Holder may declare this note due and payable either: (i) when permitted under any security agreement or mortgage, now
or hereafter in effect, securirq the repayment hereof; (ii) upon the default in any payment required hereunder: or (ill) upon the
inaoivency or bankruptcy of any maker. Indorser or guarantor hereof. After maturity. this note shall bear interest at 189[, per
annum. In no event shah any Maker. indonzer a guarantor of this note be obligated to pay any interest in exrress of the
' meudmum amount permitted by Florida law. Each Maker, indorser or guarantor. jointy and severally: (i) promises to pay all r
cost of cdlecting this rate, incuding a reasonable attorney's fee: whether incurred in connection with coNecxion trial appeal or
otherwise; and (i~ waives presentment, demand, notice of dishonor and protest.
This note is secured by a ~?R4a mortgage d even date herewith covering the collateral more particularly
described therein.
This loan is made pursuant to the rate provisions of Chapter 656.687.12 and 494 of the Florida Statutes.
Each Maker acknowledges receipt of a copy of this note, and agrees to all of the terms contained herein.
i
j g/S...... I~1RR3i . 8. ~~1R~ . . .
Maker LAl2ItY H • Ml?1tRF13 (SeaQ
f S/S MARGIB ftIARRSN
C Maker MARGIB NARREN ( ~ _
and will perform and comply with every stipulation, provision and condition of the note and of this mortgage
and shall pay all taxes which may accrue on the property and all costs and expenses which mortgagee, iCs
legal representatives, successors or assigns may be put to in collecting the note in /oreclosure of this mortgage
or otherwise, including reasonable attorney's fees. In that event, this mortgage and the estate created by it
~ shall cease and be null and void.
And ~~ur ,~,grrrn An ~DIIniUB:
1. This is a S¢apnd mortgage loan.
2. In the event any mortgage superior to that held by Mortgagee is delinquent or in arrears or other-
wise in default, Mortgagee may, at iCs option, make all superior mortgage payments and/or cure the default
and immediately declare due the unpaid principal balance of iCs mortgage to be payable on demand.
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