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FOiI VALUE RECEIVHt~,~the 4r+dKmP1ed. t~OM?.th and sawrally, if more than ores? promises to pw to
VICTOR J. GOODMAN and ,HARCI~t~i'f 8. GOODidAtir, ~t?ia xife
11101 South Ix>~ Rtv~ P3~, Flooridet 33450 -
or order, in tM manrNr heraMdter:paotfiedr tM prirtcipM sum of
Seventeen Thousand Seven Hundre4 Fifty And No/100 1= (7,750.001
with ;ntarest hom. daa at the ratty of 9.0000 OK amt, par annum on tM balances han lima to lima remainirq unpaid. The said principal
and inurast shall be payabN in lawful money of the united States of Amerias st ~ Ft. Pierce, Florida
or at such plaq as may har!eafterbedesipnated by writgn notioafrorn the hoklar to the matcar hereof, on tM data and in tM manner foilowirq:
Principal and dntet*est is payable in eQual inatal~laents as follows: Beginning
on February 24, 1980.,. the sum of ;224.85, and. the same amount on the same day of each
month, in each year thereafter, until the entire
principal sum of ;17750.00 together With interest, as herein provided, has been paid
in full . ' r
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'All payments are to be applied Pirst to interest at the rate specified herein upon the
principal sum of ;17750.OO,~or so much thereof, as may from time to time remain unpaid
and the balance of eaoh payment shall be applied to principal.
This note fa prepayable in trbole.or in part at any time without penalty.
This note with interest is secured by a mortgage on real estate, of even data herewith, made by the maker hereof in favor of tM
said payee, and shall bs construed and enforced according to the Isws of tM State of Florida The terms of said mortgage
are by this reference msde-a part hereof.
If default be made in the payment of any of the sums or interost mentioned herein or in said mortgage, or in the perfomnsnce
of any of the. agreements contained herein or in said mortgage, then the entire principal sum and accrued interest shall at the option of the
holder hereof become at onoa clue and oollectibk without notice, time being of the essence; and said principal sum and accrued interest shall
both bear interest from such time until paid at the highest rate allowable under the laws of the Stars of Florida Failure
to exercise this option shall not constitute a waiver of tM right to exercises the same in the event of any wbsequent default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice
of dishonor and apses to pay all costs, indudirrg a reasonable attorney's fee, whether suit bs brought or not, if, after maturity of this note
or default hereunder, or under said mortgage, counsel shall be employed to collect this note a to protect the security of said mortgage.
Whsrewr used hen in tM terms 'holder', 'maker' end 'payee' shell be construed in the singular or plural as the context may
require or admit. ~ _
MAKER'S ADDRESS ,
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AND the mortgagor hereby further covenants and agrees to pay promptly when due the prim-
E. rips? 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 sad 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 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 same to the indebtedness hereby secured, accounting to the mortgagor for any surplus; to
pay all costa, charges, and expenses, indluding 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
1F any sum ~of money herein referred to be not promptly paid within days ne2ct 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 options herein provided shall not constitute a vraiver of any rights or op-
tions under said note or this mortgage accrued or thereafter accruing. -
' BOOR t1iOE