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1436
_ ~ - t.t~iATtt~ - ~n _ = 1 0 - ~ Ft P ere t - IFOR VAI.UH RECiffiVNO, the undarsigrtsd, Iloindy and severally, if morn than creel pr.~mises to pay to VIC70A J. QOODMAN and MARGAAh't` 1i. COODI3AN, his wife - • loci sates I>~Lan Rigor u~-i,~s~loocr Ft~itjs 3450 or order. in the marK»rMniMigr specNied, tM ptMcipal sum of Seventeen ThousAn~ Seven Hundred Fffty ~+nd No/100 1= 17,750.001 With ingrett from dew st the me of 9.0000 PU oenL ar srnx~nt on the balance tram tints to lima nmtaininp unpaid. TM aid principal and inunst shall be payabN In lawful money of the thtiud Suet of America at Ft. Pierce, Rlorid3 ' or at wcfi picas: may heraafosrb detignatsd by wr;toen notice from tiN ho!der tp the maker hereof, on the daft anti in the manner fdlowin~: Principal .and dnterest is payable in eQual instal~ments~as follows:-Beginning on Fsbruary 24, ;980,- the soot of . sP24.85, and the same atttour?t on the rime day. of each aonth, in each year thereafter, until the entire - - ~ _ principal 'sum of =17750.00 together With interest, as herein provided, has been paid- - in full. - - , r , r 'All payments are to be applied first to interest at the rate specified ~~rein upon the principal swa of =17750,00, ~or so• much thereof, as >day from tires to time rennin unpaid, and-the balance o>t' each payment shall be applied to principal. - ?his note is prepayable id whole .or in part at any time without penalty. Thk .note with irittnst k second by a mortgage on real estate, of even daft herewith, made by >M maker hereof in favor of the said payee,. and shall be construed and enforced aooordiryl Lo the laws of the State of ~ Fl oiiida The arms of said mortgage are by thkteferenoe made a part hereof. _ - - - _ if default be made in the payment of-any of the wms or interest mentioned herein or in said mortgage, or in tM perform. ante of any of the agreements contained herein or in said mortgage, then the entire principal sum and aarusd interest shall at the option of the holder hereof become at once due and cMkctibk without rolls, time beirq of the essenc~a; arui said principal wm and accrued interest shall both bear interest from such time anti! paid st the highest race allowable under the taws of the State of Florida - - f=ailure to exercise this option shall not constitute a waiver of the rigf?t to exercise the same in the event of any subsequent default. Each person liable hereon whether maker or endorser, Mrebywaives presentment, protest, not~oe, notice of protest and notice of dishonor and agrees to pay all costs, indudirq a reasonable sttorray's feG, whether wit be broufit or not, if, after maturity of-this note or default hereunder, cr under said mortgepe, counsel shall b employed to collect thk note or to protect the saauity of said mortgage. Wherever used hers in the terms 'holder', 'maker' and 'payee' shall be oonstnad in tM singular or plural ss the context may require or admit. - MAKER'S A©ORF~S ~ - ~ . _ J - _ J W > - ~ i - - AND the mortgagor hereby farther covenants and agrees to pay promptly when- due the grin- ' cipal and interest and other sums of money provided for in said note and this mortgage, or either; to-pay all and singular the lases; assessments, levies, liabilities, obligations and encumbrances .of _ _~gvery nature on said property; to permit, commit or suffer no waste, impairment or deterioration - of said !and or the 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 t amount-secured by this mortgage,.in a company or companies acceptable to-the mortgagee, the pot= 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 tQ receive and ap- ply the same to the indebtedness hereby secured, accounring to the mortgagor for any surplus; to pay all costa, charges, and. Axpensea, including lawyer's fees and title searches, reasonably incurred. or paid by the mortgagee because of the failure of the mortgagor #o promptly and fully comply _ ~ with the agreements, stipulations, conditions and covenants of s...''. s;ote and this mortgage, or _ either; in the event the mortgagor fails to pay when due any tax, ass~,~sment, insurance premium or j 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 irterest from date thereof at the highest lawful rate then allowed b} - the laws of the State of Fiori_da. thirty IF any sum of money herein referred to be not 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, - atiything in said note or herein to the contrary notwithstanding. Failure by the mortgagee t.~ exer- ties any of the rights or options herein provided shall not constitute a waiver of any rights or op- ' lions u:~der aaid_note or Chia mortgage accrued or thereafter accruing.. - - - -