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3i, 25Q. AA iPnrl- St 1 Sri E+ Florida 1 ~ Oh 31. 1 y _ _
AAu~gg I<OiigV~ALUE RECEIVED, the undrrsi~nei, (lointly and severally, if more than one) promises to pay to _ ~
H114 C~• Mc ew Drive, ~!id~ray, Pa. 33494
or order, in the manner hereinaher specified, the principal wm of
TWO Thousand TWO Hundred Fifty and No/100 It 2r 250.00 1
With interest from dab at the rate of ~ ~ 0000 PK cent, per annum on the balance from time to tirr?e remaining unpaid. The:aid principal
and interest shall bs payable in lawful money of tM United States of America st abp~ egg
or at such plans ss may hereafter bs designated by w?itbn notice from tM holder to the maker hereof, on the date and in the manner following:
Principal and interest is payable in equal inatallsenta as folloWa: Beginning
on April 30, 1980, the sue of ;104.87, ana the ease asount on the ease day of each
month, in each year thereafter, until the entire
principal sum of X2250.00 together With interest, as herein provided, has been paid
in full. '
dll payments are to be applied fist to interest at the rate apecitied herein upon the
principal sum of X2250.00, or ao such thereof, as say Eras tine to tLee resain unpaid
and the balance of each paysent shall be applied to principal.,
This note is~prepayable in tihole or in part at any tine Without penalty.
~Yre tax required by Sectiai201 of the Flora Statist paid and pmPec
staffs hauls beat affi~oed to tmrtgege which t3~oc><s evidenced by this .
E'lClte, This note with interest is secured by a mortgage ale f even to with, by the maker hereof in favor of the
said payee, and shall be construed and enforced according to I~ws to f FlOr The terms of said mortgage
are by this reference made a part hereof,
If default be made in the payment of any Of w or ante st mentioned herein in said mortgage, or in the performance
of any of the agreements contained herein or in said r~rtgage, en the en re principal sum and ued interest shall at the option of the .
holder hereof become at once due and collectible ywthout notice, time bet f the essenct; and sal incipal sum and accrued interest shall
both bear interest from such time.until paid at the highest rate aNowsble 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 wbsegwnt default.
Each person liable hereon Whether maker a endorser, hereby waives presentment, protest, notra, notice of Probst and notice
of dishonor and agrees to pay all coats, including a,ressonable attorney's fee, whether wit be brought'or not, if, after maturity of this nob
or default hereunder, or under said mortgage, counsel shall be employed to collect this note or to protect the security of said mortgpe.
VYheraver used hen in the terms 'holder', ' er' and 'payee' be construed in the singular or plural ss tfn context may
require or admit. ~ g Paocttt~ership
MAKER'S ADDRESS _
J
• _ S. POWEZB y~j
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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 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 ou
said 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 payable to, said mortgagee, and in the event any sum of money ,
becomes pay able 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 covenant. of said note and this mortgage, or
either; in the event the mortgagor fails to pa~• when due 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 oirtion 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. ~
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thirty I
IF 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 agreement,, 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,
anything in said note or herein to the contrary notwithstanding. Failure by the mortgagee to exer-
cise any of the rights or options herein provided half not constitute a waiver of any rights or op-
tions under said note or this mortgage accrued or thereafter accruing.
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