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~NiTAL.LM[NT NOTti - [iAMCO FOAM tit
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2250.00
No
Port St. Iucie FLORIDA, ~1pri1 7th - - 19~_
For value received, I or we, jointly and severally, promise to pay to the order of
Mr. George D. Hoffeld
216 Mi~meola Street
T1rIPl17a - FLORIDA 32755
TFU A1~ID TWO H[~ FIFlY AMID I~/~~0- ----------------nOLLARS
at the above address ,Florida, in 24 eQUal ,.,nnthly installments of
tt _ ~ 104.88 the fiat installment to become due and payable on
or before the 7th day of ~ 19 ~ done installment to become due and payable on
-tt or before the_ nth ~~y of each succeeding month until ~ the whole of said t debt n is paid, with interest
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~ frorrt_ dare at the rate of_11.1YY%per annum. - -
tt' If any installment of this note is not paid at the time arid-,placaspecif' ,the entire cunt unpaid shall be
tt due and payable at the election of the holder hereof. All parties hereto, whether aker, end r, sureties, guarantor,
`'t or otherwise, hereby waive demand, notice and protest. If placed in the bands fan attorn or collection, we jotntly
and severally agree to pay reasonable attorney's fees. Zhe tax required by SeCti.Ont 01.08 of the Flora
tt Statutes has been paid and proper staffs ha~re been affixed to the mortgage which sectares
the obligations evidenced by this note. The maker of this note herein reservr~ the right
of ~t in whole or in part at airy -time without penalty. -
z D°G Partnership
~tt: BY' (SEAL)
Address S. P
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tt Telephone No. (SEAL)
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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;
i 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 lawyet'~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 ~~•h~n due any tax, assessment, insurance premium or
other sum of money payable by ~ irtue of said note and this mortgage, or either, the mortgagee may
pay the same, without w aiving 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.- -
thirt -
IF any sum of money herein referred to be not promptly paid within Y 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 notwithstanding. 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.
. 8(~I(~~ PAGF~3