HomeMy WebLinkAbout1799 AMOUNT LOCATION DATE
s 28 000.00 Fort Pierce, Florida 33150 I~L•trch 13, 1980
FOR VALUE RECEIVED, the undersigned. (jointly anri severally, if more than one) promises to pay to '
- REGINA CAR}30NARA
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or order, in the manner hereinafter specified, the principal sum of
'IWENI'Y EIGHT THOUSAND DOLLARS f, 00/100---=----------------------- 28,000.00 !
With interest from date at the rate of 13.000per cent, per annum on the balance tram time to time remaining unpaid. The said principu i
and interest shall be payable in lawful money of the United States of America at Fort 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
On or before one year from date of this note, the Principal Sum of $28,000.00 will be due
and payable in full.
Interest will be paid in 12 monthly payments in the amount of $303.33, beginning on the
13th day of April, 1980 and one payment each suceeding month until the full amount of interes
X3,640.00 is paid in full.
This note is prepayable at any time without penalty.
The Tax requires} by Section 201.08 of the Florida Statutes has bee paid aid proper stamps I
have been affixed to the mortgage which secures the obligations evidenced by this Note.
"The makers of this Note }terein reserve the right of Prepayment in whole or in part at
any time without penalty."
This note with interest is secured 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 Florida The terms of said mortgage
are by this reference made a part hereof.
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 pr incil~al sum and accrued interest shall at the option of the -
bolder hereof become at once due and collectible without notice, time being of the essence; and said principal sum and at:crued interest shall
both bear interest from wch time until paid at the highest rate allowable under the laws of the State of Florida Failure
to exercise this option shall not constitute a waiver of the right to exercise the same in the event 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
ar default hereunder, or under said mortgage, counsel shall be employed to collect this note or to protect the secur~it~y of said ortgage.
- Wherever used here in the terms 'holder', 'maker' and 'paye•e' shall be construed in the singular or plural as ~ tax ay
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require or admit. ~y-
• MAKER'S ADDRESS / ~ ~
~1~,/~~/y .
W ~ ORN,I~IR.. a 8
' /
CARROI~L M. FRThS('NK(NtN = 'l
AND the mortgagor hereby further covenants and agrees to pay promptly w en duet a prin-
cipal and interest and other sums of money provided for in said note and this mortgage, or eithet•;
to pay all and singular the taxes, assessments, levies, liabilities, obligations and encumbrances of
every nature on said property ; to permit, commit ur suffer no waste, impairment or deterioration
of said land or the improvements thereon at any time; to keep the buildings now or hereafter on 3
said land fully insured in a sum of not less than its full insurable ~•alue, but in no event less than the
I amount secured by this mortgage, in a company or companies acceptable to the mortgagee, the poi- ~
icy or policies to be held by, and payable to, said mortgagee, and in the event any sum of money ;
j 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 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 I~romptly 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 pa~• wh•~n clue any tax, assessment, insurance premium or
other sum of money payable by virtue of said note attcl 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 t he mortgagee, become and be due and payable,
a~ anything in said note or herein to the contrar~• nohvithstanding. Failure by the mortgagee to exer-
else any of the rights or options herein provided ~ hall nut constitute a waiver of any rights or op-
tions under said note or this mortgage accrued or thereafter accruing. _
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