HomeMy WebLinkAbout1109 `i`2.~SO.oo la~,+ 4r i~V.;o~ ~ Flnrt~ ' fLnnh 9~-1~~~~
FOR VALUE RECEIVED. the undersigned, (jointly and severally, if more than one) promises to pay to
ANTHONY SARGSNTI and MYRTLE SARGSNTI his wife •
P, 0. Bca 139, A:nesville, fftio 4571
or order, in the manner heninaher specified, the principal wm of
Two Thousand Three Hundred Fifty and No/100 (S 2~5Q.~0~
With inbrest from dab st the rob of ~ ~ ~ 0000 ant pef annum on tM balance from time to time remaining unpaid. The :a pnnc pal
and inbrsst shall be payable in lawful money of tM United States of America at $
or at wch plan a may hereafter be designabd by writbn notice from tM holder to the ms er ereo , on the ab an in manner lowuq:
Principal and interest is payable in equal inatallsanta as follows: Beginning
on April 2u, 1980, the sus of 351.10 and the saes secant on the saes day of each
month, in each year thereafter, until the entire
principal sum ,of =2350.00 together with interest, as herein provided, has been paid
in full.
Y
X111 payments are to be applied first to interest at the rate specified herein upon the
principal sum of =2350.00, or so such. thereof, as say from tine to time remain unpaid
and the balance of each payment shall be applied.tb principal.
This note is prepayable in whole or in part at any time Without penalty.
~ f
~ tax required by Section 201.08 of da to has been paid and s
have been affi~aed td, the'mrnrt whi s ~ bons evide~wed by tt~iis~nrt~s
This note with interest is secured by ~ ortgage rest estab, of even a herewith, made by the maker hereof in favor of the
said payee, and shall be construed and enforced according toe Isws of the State Florida The terms of said mortgage
are by this reference made s part hereof.
If default be made in the payment of any of the wms or inbrest mentioned herein a in 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 st the option of the
holder hereof become at once due and collectible without notice, time being of the essence; and said principal wm end accrued inbrest shall
both bear interest from such time until paid at the highest rate sllowabk 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 Probst end notiq
of dishonor and agrees to pay ell costs, including s reasonable attorney's fee, whether wit be brought a not, if, afbr maturity of this note
or default hereunder, or under :aid mortgage, counsel shall be employed to collect this note or to protect the selauity of said mortgage.
Wherever usfd Mn in the bans 'holder', 'maker' and 'payee' be construed in the singular a plural as the context may
require or admit
MAKER'S ADDRESS ' a Pship
By : sD.~•a...~
J J
• ~
a q
r
AND the mortgagor hereby further covenants and agrees to pay promptly when due the prim-
e cipal and interest and other sums of money provided for in said note and this mortgage, or either; _
j to pay all and singular the taxes, assessments, levies, liabilities, obligations and encumbrances of
I 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, bui: 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 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 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 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 payment.4 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 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 the mortgagee, become and be due and payable, '
t anything in said note or herein to the contrary not~t~ithstanding. Failure by the mortgagee to exer-
cise any of the rights or options herein provided :hall not constitute a waiver of any rights or op- j
bons under said note or~this mortgage accrued or thereafter accruing. k
' 800~eJr..t7 Pt.GE~,~,~