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~rlYtt~~~1 .'A~1tMlj~ that it Mortgagor shall pay to mortgagee, it's successors, legal representa-
tives o? assigns, that Promissory Note, a copy of which is set forth here;
NOTE
Date.~....:.,,,.~,~ ~
FOR VALUE RECEIVED, the un(fersWgned., (~~emgd to as, "hfake~,. whether , on@ nor more)t jointly and severally. prom-
ises tO pay tO the Ordef d , ~ . } , ~ ~ ..y ~ i l i ) ; r ° , .
(who together with subsequent holders a this note, is referred to as Holder), ~1 • - } : 4 • . ; . ~ ' ` ~ ~ .
+ . i ~ .
Or au~h, gthec Noce q~,Hadet, may designate in writing the sum d . t. ~ ! { { .
, Dtj~LARS. payable in lawful money d the United States rn ~ , ....consecutive monthly
inataHments d i ;.R.,'~ ^r. ~ ......each, an~dgfinal installment of 3...:"::~.:. `.t . . .on the .f~x}i . ,day a each
month, commencing , ,19 ,and continuing thereafter until this note is fully paid
The Maker shalt have the privilege t0 prepay this note in full before maturity. If this loan is prepaid in full, or if Holder ar; ~ i
celestes the maturity d the unpaid balance of this note as provided herein, the Maker will receive a rebate for any unearned i
interest soc-,ordirq to the "sum a the digits" method. Rebates a less than 51.00 will not be made.
In the event a the Makers' default for ten (10) days or more in making any payment due, Holder may assess a default t
charge equal to 5% of the amount a 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 nft3ci, sBCUring tl?8 repaymsn! hereof; (iif upor? the default in any payment required hereunder, Or (jiff upon the
insolvency or bankruptcy a any maker, indorser or guarantor hereof. After maturity, this note shall bear interest at 18% per
annum. In np event shall any Maker, indorser Ot guarantor a this note be obligated to pay any interest to excess d the
maximum amount permitted by Florida law. Each Maker, indorser or guarantor, jointly and severalty. (i) promises to pay all
cost d collecting this note, including a r~easonaWe attorney's fee, whether incurred in connection with collection trial appeal or
otherwise; and (ii) waives presentment, demand, notice a dishonor and protest.
This note is secured by a . mortgage a even date herewith covering the collateral more particularly
described therein.
This loan is made punwnt to the rate provisions a Chapters 856, 857.12 and 494 of the Fbrida Statutes.
Each Maker acknowledges receipt a a copy of this note, and agrees to alt of the terms contained herein.
....S/.S~.CFiL'ST~t .L.. $ELC~3ER
Maker (Beef)
....5/.S..L4ARX. $~..S~i~CIi$~
1' F
Maker ~ (Seaq
and will perform and comply with every stipulation, provision and condition of the note and of this mortgage
and shat! pay all taxes which may accrue on the property and all costs and expLnses ?.hich 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. In that event, this mortgage and the estate created by it
shall cease and be null and void. '
.~1tul ~u
r~g~ur .~~rpp~ ~n11nm,~:
1. This is a .....FIRST . 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 all superior mortgage paymen[s and 'ter cum thi• default
and immediately declare due the unpaid principal balance o! it's mortgage to be payable on demand.
c~;~x~~9 P~~E~.69~