HomeMy WebLinkAbout0137 s *
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~ ~ qi~ {joii~tll~lmd severally, M more than one! promisee to pay to
• . FOR VALUE RECHIVED, ~ ~ ,
j~ VICTOR J. GOODMAN and MARGARET GOOD:UIN, his wife
j 11101 South Indisn River Drive-Fort Pierce, Florida 331+52 .
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or order, in the manner hereinafter specified, tM principal cum of
Thirteen ThQUSanr! $ioht Hundred Forty~Five and No/100 ti 13,845.00 1
~ With inttrest from data at the rate of 8.5000 ~ osnt ~ elwwm on tM bslanoa hom time to tlme remainirq unpaW. TM said principal.
and interest shall be payabN in IawfW money of tM united States of American Ft: Pierce, Florida
or at such play ss may hereafter be designated by written notice from tM holder to the maker hereof. on the date and in tM nwmer foNowirq:
Principal and fnterest is payable in equal instal.]~eents as follows: Beginning
on March 1, 1980., the sunl of ~1T9.16, and the same soount on the same day of each
month, in each year thereafter, until the entire
principal swn of >f13845.00 together with interest, as herein provided, has been paid
in full.
~A11 payments are to be applied first to interest at the rate specified herein upon the
principal sum of 313845.00, or so much thereof, as may Prom time to time remain unpaid
# and the balance of each pay>aent shall be applied to principal.
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This note is prepayable in Whole or in part at any time without penalty.
The tax required by Section 201.08 oY.th da Statutes has been paid and proper stamps
have been affixed to the Mortgage which ect~ the obligations evidenced by this 8ote.
This note with interest is secured by a mortgsge on real estase, of ev ate herewith, m tM maker hereof in favor of the -
said payee, end dull be construed and enforced sccording.to the laws of the S Florid The ttnra of said mortgage
are by this reference msds a put hereof.
If default be made in the payment of sny of the sums or interest mentioned herein i ssid mortgage, or in the performance
of any of the sgreements cortainsd heroin or in said mortgage, then the entire principat sum and accrued interest shall at the option of the
_ holder hereof become at once due and collectible withdut notice, time beipg of-the essence; and said principal sum and socnied interest shall
noth bear interest from such time anti! paid at the highest rate allowsbk under the laws of the Slats of Florida - Failure.
to exercise thh optron shell not exmstitute a wsiver of tM right to exercise the same in the went of any subsequent default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice '
of dishonor and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brought or not, if, after maturity of this note -
or default hereunder, br under said mortgegs, counsel shell be employed to collect this note or to protect the security of ssid mortgage.
Wherever used here in the terms 'holder', 'msker' and 'pates' shall bs construed in the singular or -plural ss the context may
require or admit.
MAKER'S ADDRQSS _ - ~~L+~
Box 227-Route 1~0 ~ J
Pennsgrove, Few Jersey 08069 W ~
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AND the mortgagor hereby further 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 taxes, assessments, levies, liabilities, obligations and encumbrances of
every nature on said property; to permit, commit or suffer no waste, impairment or deterioration
of said land or the improvements thereon at any time; to keep the buildings now or hereafter on
said land fully insured in a sum of not Iesa than its full insurable value, but in no event leas 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 same to the indebtednes$ 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 when 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.
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, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable,
anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exer-
cise any of the rights or option$ herein provided shall not constitute a waiver of any rights or op-
tion$ under said note or this mortgage accrued or thereafter accruing.
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