HomeMy WebLinkAbout2243 ~rptt~p~ .~~11M~$ that it Mortgagor shall pay to mortgagee, iCs successors, legal representa-
tives or assigns, that Promissory Note, a copy of which is set forth here:
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- NOTE
Date January• 14,„•1980•,•,.•,•,••,•,,.
12,974.40 - tj1'. i;~f~~tCE
5 .................................................(~..~.r..... Q ~181~..........h....~.n.~.~.r........)~..~.p.I..................., Florida
FOR VALUE RECEIVED, t~~rs~g~ANCI~ tt~~POF~A~`ItAeND/UR A~~IGNS~ a~ ~~mly, prom- -
isea to pay to the order d .,1......
(who together with subsequent holders d this note. is referred to as ~ ~ 01 >1 R I F F Y N R D, F T. L A U D E k D A L E. L
or of as Holder may dealgnate in writing the sum d~ ~ 1'HG~~1SrANb~ ~N I fdt=~ • HUNDRED SEVENTY- Ut~
pp
i~Ofl : l ~~S' in lawful money d the United Stat~~In . 1 4 ~ ~ consecutive month
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installments d i ...each, and final installment d Z • • • • • • • • • • • • • • • • • • • • • • • • • • the • 18• • •daY of each
month. commencing FebruarY.... ,19.80 .and continuing thereafter until this note is fuly paid..
The Maker shall have the privilege to prepay this note in full before maturity. H this loan is prepaid in full, or if Holder ao• ~
:e!srates the maturity of the unpaid balance d this note as provided herein, the Maker will receive a rebate for any unsamed ~
interest aocadirp to the "sum d the digit' method. Rebates d less than s1.1]D will not be made.
In the event d the Makere' default for ten (10) days or more in making any payment due. Holder may assess s defauR
charge equal to 5% d the unpaid amount d such payment.: ~
Hokfer may declare this note due and payable either. ji) when permitted under any security agreement or mortgage. now
or hereafter in effect. securing the repayment hereof; (ii) upon the default in any payment required hereunder, or (ifi) upon the ,
insolvency or bankruptcy d any maker, indorser or guarantor hexed. After maturity, this note shall bear interest at 18% per
annum. In no event shall any Maker, indorser or guarantor d this note be obligated to pay any interest in excess d the 3
maximum amount permitted by Florida law. Each Maker. indorser or guarantor, jointly and severally. promises to pay all
cost d odlecting this note, including a reasonable attomeya fee, whether incurred in connection with collection trial appeal or t
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otherwise; and (iQ waives presentment, demand. notice-d dishonor and protest. -
SECOND mortgage d even date herewith coven the collateral more particularly t
This note is secured by a ng
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described therein.
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Each Maker acknowledges receipt d a copy d this note, and agrees to all of the terms contained herein.
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MakerS..J:~~EF'f~'L-"FOIJFL.L'.........-•--'~~Sea•
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S/S• ,HELEN _O. , t?OWELI, .
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Maker HELEN i]. F'f:WELL (Seaq
3frO5~s/r~7_-45: M
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and will perlorm 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 loreclosure of this mortgage
o? otherwise, including reasonable attorney's fees. In that event, this mortgage and the estate created by it
shall cease and be null and void.
e ,~YUI ~~rr#gtt~nr ,~1rrp~ ,~1~ ~nlluta~:
• _
~ 1- This is a mortgage loan-
2. /n the event any mortgage superior to that held by Mortgagee is delinquent or in arrears or other-
wise in default, Mortgagee may, at rt's option, make all superior mortgal;e payments and,/or cure the default
and immediately declare due the unpaid principal balance of it's mortgage to be payable on demand
- ~.,~323 Pa~22~34