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2.250.00 ...Port ~t . hucie 1Rf2o4ti, Fl4='i~ _ 1 Mwrnb 26 ~ ~ 48e I
FOR VALUE RECEIVED, the undersigned, (lointly and severally, if more than one) promises to pay to
LAURA B. JONES; and DIANA 3. BSCG; as 3oint tenants 8 Terrace Drive, P.O. Box 455 ~
with rights of survivorship and not as tenants in common Athens, QZio 45701 (
or order, in the manner hereinaher specified, the principal sum of
TWO Thousand Two Hundred Fifty and No/100 It 2,250.001
With interest from data at the rate of ~ ~ ~0000per cent, per anrwm 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 st abaVe 8C~e88
ar at such place as may hentafbr be designated by written notice from the holder to the maker Mreof, on the dab and in the manner following:
Principal and interest is payable in eQual inatallmenta as folloWa: Beginning
on April 2b, 1480, the suo of X104.87, and the came amount on the same day of each
month, in each year thereafter, until the entire
principal sem Af =2250.00 together t~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 mu thereof, as may from time to time remain unpaid
and the balance of each payment a 1 e applied to principal.
This note is prepayable in Whole r in pa ' at ~ ! t e w ho penalty.
TYie tax required by Section 201.08 of the da Statutes been~~paid and proper
staoi>ps Dave been affixed to the mortgage which sectn~es the gat3.ons evidenced by
this note .
This note with interest is secured by a mortgage on real estab, 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 wms or interest mentioned herein or in said mortgage, or in the performance
of any of the agreemenu 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 inbrest 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 wbsequsnt 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 wit be brought or not, if, after maturity of this note
or default hereunder, or under said mortgage. counsel sh be employed to collect this note or to protect the security of said mortgage.
Wherever used here in the bans 'holder' male r' and 'payee' construed in the singular or plural ss the context may
require or admit PettClelShip
MAKER'S ADDRESS
By:
S. PoWr:'r8 W ~ W
fiD M
r - ~ '
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 on
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 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 lawi•er's fees and title searches, reasonably incurred t
. or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply 11
with. the agreements, stipulations, conditions and covenants4 of said note and this mortgage, or !
either; in the event the mortgagor fails to pay whQn due any tax, assessment, insurance premium or
other sum of money pay able 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 payments4 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 the mortgagee, become and be due and payable,
anything in said note or herein to the contrary notes ithstanding. Failure by the mortgagee to exer-
cise any of the rights or options herein provided shall not constitute a waiver of any rights or op-
tions under said note or this mortgage accrued or thereafter accruing.
a~328 Pa~2?42