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Is 2,25u.uu I ~ Ft. Pierce. Florida I MarQh 20. 1980
FOR VALUE RECEIVED, the undersigned, (joinNy and severally, if more than one) promises to pay~to
AGNF,S K. CLARKSON 1385 N.W. 67th Avenue
Margate, Florida 33063
or order, in the manner hereinafter specified, the principal wm of
Two Thousand Tao Hundred Fifty and No/100 IS 2,250.00 ~
With interest from date at the rate ofd 1.0000 per Dent, per annum on the balance from time to time remaining unpaid. The said principal
and interest shall be payable in lawful money of tM United States of America at 8~)ONe g~egg
or at wch place ss may hereafter be designated by written notice from tM holder to the maker hereof, on the date and in tM manner following:
Principal and interest is payable in equal installments as follows: Beginning
on April 20, 1980, the cum of =104.87, and the same amount on the same day of each
month, in each year thereafter, until the entire
principal sum of =2250.00 together r"tith interest, as herein provided, has been paid
in full. •
All payments are to be applied first to interest at the rate specified herein upon the
principal sum of X2250.00, 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 whol in part at any time without penalty.
The tax required by Section 2 .08 f the Florida.S~tutes has been paid and proper
stamps have been affixed to a Mo tgage which s es the li lions evidenced by
this Note. ~~i
i
This note with interest is secured by a mortgage on real esta , of wen date here ,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 wms or interest mentioned herein or in said mortgage, or in the performance
of any of the agreemeAts 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, lima being of the essence; and said principal wm and aosrued 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 costs, irfiluding_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 shall be employed to collect-this note or to protect the security of said mortgage.
Wherever used here in tM bans 'holder', 'maker' and 'payee' shall be construed in the singular or plural ss text may
require or admit. GOLDPO ASSOCIA
MAKER'S ADDRESS Part
J J
• , ~ (WA
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AND the mortgagor hereby further covenants and agrees to pay promptly when due the prin-
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 un said property; to permit. commit ur sutler no ++•aste, impairment or deterioration
of said land or the iml~ru+•ements 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 +•alue, but in no event less than the - •
amount secured by this mortgage. in a compan>~ or companies accel?table 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, accowrting to the mortgagor for any surplus; to
pay all costs, charges, and expenses, including la++•~•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
I with the agreements, stipulations, conditions and covenants of said note and this mortgage. or .
either; in the event the mortgagor fails to pay +vh•~n clue any tax, assesxment, insurance premium or
other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may
pay the same, +vithout +vaiving 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 allo++•ed by
- the laws of the State of Florida.
- thirty
IF any cum of money herein referred to be not promptly paid ++•ithin days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenant.
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 forth+vith or thereafter, at the option of the mortgagee, become and be due and payable,
anything in said note or herein to the contrary nut+vithstanding. Failure by the mortgagee to exer- ;
else any of the right4 or options herein provided ~•hall not constitute a +vaiver of any rights or op-
s lions under said note or this mortgage accrued or thereafter accruing. •
•
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