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,s 2s2S0.0U I Ft. Pierce, Florida March 20. 1980 1
FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to
AGNRS K. CLARKSON 1385 N.W. 67th Avenue "
Margate, Florida 33063
or order, in the manner hereinahbr specified, the principal sum of
Ttao Thousand Tato Hundred Fifty and No/100 iS 2,250.00 1
With interest from date at the rate ofl 1.0000 Per cent, per annum on the balance from time to time remaining unpaid. The said principal
and interest shall be payable in lawful money of the United States of America at Bb~L 8s~e88
or at such plea ss may hereafter be designated by written notice from tM hokler to tM maker hereof, on the date and in the manner followirp:
Principal and interest is payable in equal installments as follo?~s: Beginning
on April 20, 1980, the sum of X104.87, and the same amount on the acme day of each ~
month, in each year thereafter, until the entire ,
principal sum of =2250.00 together t+ith 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 =2250.00, or so much thereof, as may from time to time remain unpaid
and the balance of each payment shall be applied to principal.
s
This note is prepayable in Whole or in part at anq time Without penalty.
The tax required by Section 201.08 of the Florida Statutes has been paid and proper
stamps have been affixed to the Mortgage which secures the obligations evidenced by
this Note.
l . ~ /
This note with interest is secl~red by a mortgage al te, o ven date herewith, m by the maker hereof in favor of the
said payee, and shall be construed and enforced according 4o e 1 ws of the t to of Florid The terms of said mortgage
are by this reference made a part hereof. -
If default be made in the payment of any of the wms or inters mentioned herein or i said mortgage. or in the performance
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 once due and collectible without notice, time being of the essence; and said principal wm and accrued 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 wbsequent 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 ooett, inbludirq a reasonable attorney's fee, whether wit be brought or not, if, after maturity of this note
or default hereunder, or under said mortgage, counsel sh~l be employed to collect this note or to protect the security of said mortgage. t
Wherever used here in the Urtnt 'holder', 'maker' and 'payee' shall be construed in the singular or plural as text may
require or admit GOLDPO ASSOCIA
MAKER'S ADDRESS Part
J J i
~ M
' AND the mortgagor hereby further covenants and agrees to pay promptly when due the grin-
cipal and interest and other sums of money provided fur in said note and this mortgage, or either;
E
~ to pay all and singular the taxes, assessments, levies, liabilities, obligations and encumbrances o
every nature un 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
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 or 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
becomes 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 t
pay all cost.5, charges, and expenses, including law}-er'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 coven:tntti 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 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 ~promptl}- paid within days next after ~
the same becomes due, or if each and every the agreements, stipulations, conditions and covenantti
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 Phis mortgage, or the entire balance unpaid there-
on, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable,
a anything in said note or herein to the contrary nohvithstanding. Failure by the mortgagee to exer- f
~ cise any of the rights or options herein provided shall not constitute a waiver of am• rights or op-
tions under said note or this mortgage accrued or thereafter accruing. _
~L~K327 Pa~f2~~63