HomeMy WebLinkAbout1591 ~rnlri~p~ .~~111M1~~ that if Mortgagor shall pay to mortgagee, it's successors, legal representa-
tives or assigns, that Promissory Note, a copy of which is set forth here:
4
NOTE
Date,. `~*p} ~~;r..:`.:~..~
5 . Florida
FOR VALUE RECEIVED. tb~ uft~rsign6d (referred tp a~, "Makef", whether one or mere), .jointly and severely, prom-
ises to pay to the order d ....:::....:.........:a c; t'~ , ~ .
(who together with subsequent holders d this note, is referred to as holder), at ~ ' r _
or sy~h other place as Hokder may designate in writing the sum d..:.: ' ` , ~ ~.f ~ r
' , DQ~,LARS, payable in lawful money d the United States in .........:...............consecutive monthry
installments d i .....each, and final installment d S .on the ..:....day d each
month, Commencing.. F.'".~~:'•'~~
~.:~.........,19..~~' .and continuing thereafter until this note is fuly
paid.
The Maker shall have the privilege to prepay this note in full before maturity. tf this loan is prepaid in full, Or if Holder ac-
celerates the maturity d the unpaid balance of this note as provided herein, the Maker will receive a rebate tor.any unearned
interest aooording to the "sum d the digits" method. Rebates of less than 51.00 will not be made.
in the event d the Makers default for ten (10) days or more in making any payment due, Holder may assess a default
charge equal to 5% of the amount d each payment in default.
Holder may declare this note due and payable either. when permitted under any security agreement or mortgage, now
or hereafter in effect, securing the repayment hereof; (i) upon the default in any payment required hereunder, or (iii) upon the
insolvency or bankruptcy of any maker, indorser or guarantor hereof. After maturity, this note shall bear interest at 18% per
annum. to no event shalt any Maker, indorser or guarantor d this note be obligated to pay any interest in excess d the
maximum amount permitted by Florida law. Each Maker, indorser or guarantor, jointly and severall~r. promises to pay all
coat d collecting this note, including a reasonable attorney's fee, whether incurred in connection with Collection trial appeal a
otherwise; and (ii) waives presentment, demand, notice d dishonor and protest.
This note is secured by a ..................mortgage of even date herewith covering the collateral more particularly
described therein.
This loan b malls pursuant to the rata provisions d Chapters 858, 687.12 and 494 of the Fbrida Statutes.
Each Maker acknowledges receipt d a copy of this note, and agrees to all of the term~~spcr~ontained herein.
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Maker ~ - . (Seaq
S/S BETTY J. BOWE
Maker '"'°E~;__ .......~.......Y......1~~
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, it's
legal representatives, successors or assigns may be put to in collecting the note in foreclosure of this mortgage
or otherwise, including reasonable attorney's fees. to that event, this mortgage and the estate created by it
shall cease and be null and void.
.~tu~? ~nr#~tt~,ar ,3~~rrr,~ ,fin .~nllutns:
1. This is a v i:. C 0l! i7 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 it's option, make dlJ SUperlO/ mr)1tgJ~e pd)'n1PM5 and for cun• the default
and immediately declare due the unpaid principal balance of it's rnortRage to be payable on demand.
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