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' FOR YI11.UE RECfe`! ~D. the urtdenigrrsd, Ijoinuiy and eeYertll~, it moat than one} promises to pay to
JAMES R. TURN~t, a .serried peraor; and J~iPil a, h[II.LSR, s single person; E
and JAMES S. HATFI6I.D, a single person
or order, in the rttartnar hereinafter specified, the principal sum of
Four Thousand Seven Hundred and No/100 q,700.00 1
With interest from data at the rata of 13 ~ 5000 Per ant, per annum on the balance boor time to tams remaining unpaid. The saW principal
and interest shall bs payable in lawful money of the United Saba of Mteriea st Ft. Pierce, Florida
o: at such place as ntay hereafter bs designated by written ~otia hen tM hoMer to the maker hereof, on the date and in the manner followirq:
This Kote its payable in equal, installeeertts as folloxa: Beginning- j
oft February 18th, 1980 the stlo of =71.57, and. a like sus payable on' the ease day in each
south, in each year thereafter, until the entire - - ~ 'i
principal-sorts of X700.00 together with interest., as herein provided, has been-paid 't
in full. '
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In a~dititxt to the paysenta provided for above, the entire principal sue reataining 3n-
paid, tQ ether xith accrued interest resaining unpaid, shall be due and payable on
X83.. , .....xhich final paysPttt 4ha11 b8 in the -aatount of 550. ~w............ ;
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Ail payaenta are to be applied first to interest at the~rate specified herein upon the
principal sus of =8700.00, or so such thereof, as say Pros tittle to lire resain unpaid
and the balance of each paysent shall be applied to principal. - if
This cote is-prepayable in whole or in part at any tise without penalty:
This nob with interest is severed by s mortgage on real estate, of even date herewith. made alt the maker hereof in favor of tf#
said payee, and shall be construed and enforced according to the)aws of the SLte of Florida The terror of said mort<age.
are by this reference made s part hereof. ~ - ~
If defsuh be made in the payment of any of ttte sums or interest mentioned herein a in said mortgage, or in the perforrrlsnoe
of arty of the agreements contained herein or in said mortgage, then the entire principal wm and accrued interest shall at the option of the
folder hereof become at once due and collectible without notice, time being of the essence; and said principal sum and accrued inbrest shall
both bear interest from such time until paid st the highest qb~ sllovwrbk under the lav?s of the State of Florida ~ Faihire
• to exerase this option shall not constitub a waiver of the right io exercise the same in -the event of any subsequent default: 1
Each person tiabk hereon whetfter maker a endorser, hereby waives presentment. protest, notice, notice of protest and notice
of dishonor and agues to pay all ecsts, irtduding a reasonable attorney's feq, whether wit.be bought a not, if, afar n~atu?ity of this note ,
or default hereunder. or under said mortgage, corx?sel shall be empbyed to collect this note or to protect the security of said mortgage.
llYhsrever used here in the terra 'holder', 'maker' and 'payee' shaft be construed in the singular or plural as the context may ~
require a admit
MAKER'SADDRESS
- J .J
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AND ttie mortgagor hereby further covenants and agrees to pay promptly when doe the prig- i
- cipal and interest and other aums~of money provided for in said note and this mortgage, or either;
to pay all and singular the .taxes, assessments, levies, liabilities, obligations and enr:umbrsncea of ~
every nature on said property; to permit, commit or suffer no waste, impairment or deterioration -
of said land or thz_improvements thereon at any time; to keep the buildings now or hereafter on .
said land fully insured in a sum of not less than its full insurable value,-but in no event less than the
amount secured by this mortgage, in a company or companies acceptable to the mortgagee, the pol-
icy or policies to be held by, and payable to, said mortgagee, and in the event any sum of money
becomes payable by virtue of such-insurance the mortgagee shall"have the right to receive and ap-
ply the $ame to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to
pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred
or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply
with the agreements, stipulations, conditions and covenants of said note and this mortgage; or
either; in the event the mortgagor fails to pay whin due any tax, assessment, insurance premium or
other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may
pay the same, without waiving or affecting the option to foreclose or any other right hereunder, and _
all such payments shall bear interest from date thereof at the highest lawful rate then allowed by
the laws of the State of Florida. _
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IF any sum of money herein referred to be rot promptly paid within days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants -
of said note and -this mortgage, or either. are not fully performed, complied with and abided by,
then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid there-
on, shalt forthwith or thereafter, at the option of the mortgagee, become- and be due and payable, -
anything in said Hate or herein to the contrary notwithstanding. Failure by the mortgagee to exer-
cise any of the rights or options herein provided shall not constitute a waiver of any rights or op- -
tiotis under said note or-this mortgage accrued or thereafter accruing. - ~
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