HomeMy WebLinkAbout0908 M110RTGAGE NOTE '
iaMOINJT LOCATIOM1f DATE
~s 1,900.00 Ft. Pierce, Florida Margh 15, 19$0
FOR VALUE RECEIVED, the undersigned, jjantly anr! severally, if more than one) pronuses to pay to
CHARLES A. URSO, a single person
X Charles Real Estate 607 South U. S. # 1 Fort Pierce, Florida 33450
or order, in the manner hereinafter specified, the principal sum of
One Thousand Nine Hundred and No/100 f5 1,900.001
\vith interest from date at the rate of 15.000Oper cent, per annum on the balance from time to time remaining unpaid. The said principal
Inc, interest shall be payable in lawful money of the United States of America at Ft . Pierce, Florida
or at such place as may hereafter be designated by written notice from the holder to the maker hereof, on the date and in the manner following:
Principal and interest is payable in equal installments as follows: Beginning
on April 15, 1980, the sum of X92.13, and the same amounttoT~,:•bhe same day of each
month, in each year thereafter, until the entire -
principal sum of X1900.00 together with interest, as herein provided, has been paid
in full.
t
All payments are to be applied first to interest at the rate specified herein upon the
principal sum of X1900.00, or so much thereof, as may from time to time remain unpaid
and the balance of each payment shall be applied to principal.
This note is prepayable in whole or in part at any time without penalty.
This note with interest is segued by a mortgage on real estate, of even date herewith, made by the maker hereof in favor of the
said payee, and shall be construed and enforced according to the laws of the State of
are by this reference made a part hereof. Florida The terms of said mortgage -
If default be made in the payment of any of the sums or interest mentioned herein or in said mortgage, or in the performance
of any of the agreements contained herein or in said mortgage, then the rntire r, ~nc.,~,;,1 sum anti accrued interest shall at the option of the
~~o!der hereof become at once due and collectible without notice, time bung of tl~e ~rssence; and said principal sum and accrued interest shall
both bear interest from such time until paid•at tf~e highest rate allowable under rt,,~ lays of tf~e State of
to exercise this option shall not constitute a waiver of the right to exercisr. the •.,,me in the event of any sr:bsequen~default. Faiture
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, or under said mortgage, counsel shall be employed to collect this note or to protect the security of said mortgage.
Wherever used here in the terms 'holder', 'maker' and 'payee' shall be construed in the singular or plural as the context may
require or admit.
MAKER'S ADDRESS
Q HENRY HARRISON~CARTER
1:1 Q
- N !L -
AND the mortgagor hereby further covenants and agrees to pay promptly when due the prin-
cipal and interest and other sums of_moncy 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 un said property; to permit, commit ur suffer no ~+•aste, impairment or deterioration
of said land or the improvements thereon at any time ; to keep the buildings now or hereafter on
paid 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 ur companies acceptable to the mortgagee, the pol-
icy or policies to be held by, and pay able to, said mortgagee, and in the event any sum of money
I~ecomes payable b~• 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 costs, charges, and expenses, including la++•yer's -fees and title scorches, reasonabl~• incurred
or paid by the mortgagee because of .the failure of the mortgagor to prompt)}• and- folly comply
with the agreements, stipulations, conditions and covenants of said note and this mortgage, or
either: in the event thc• mortgagor fails to pay «•h~•n duc• any tax, assessment, insurance premium or
other sum of money payable by virtue oC said note and this mortgage, or either, the mortgagee may
pay the same, +cithout +~•aiving or affecting the option to foreclose or an}- other right hereunder, and
all such payments shall bear interest from date thc•renf at the highest la+vful rate then allowed by
the laws of the State of Florida.
thirty
IF any sum of money herein referred to be not promptly paid +rithin days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and corenant~
of said note and this mortgage, or either, are oat fully performed, complied ~+•ith and abided by,
then the entire sum tnentu~necl in said note, and this mortgafie, or the entire balance unpaid there-
on, shall f~rth++•ith or thereafter, at the option of t hc~ mortgagee, become and be due and pa}-able,
anything in said note or herein to the contras}• nut++•ithstanding. Failure 1?y the mortgagee to exer-
cise any of the rights or options herein provided ~ hall nr~t crntstitute a ++•giver of any rights or op-
tions under Raid note or this mortgage accrued or thereafter accruing.
~~x 327 PEE 907