HomeMy WebLinkAbout0459 - ~
.~:.:..MtNT MOTt
~ RAMCp rOAM -
a st
x
No s 2, 250 ~ 00 .
.~Qrt St . Lucie FLORIDA; Arnil 14 19.$x_
For value received, I or we, jointly and severally, promise to pay to the order of
PASQ[IAI~ C and MAitY his wife
512 O~alcric~ge West
Takelm~d, FLORIDA 33801
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1~nA THO[iSArID Z~nA H[~II7RID F]FIY AMID I~/100--------,~---..------- ~LLARS
ac ahrn~ arirh~raS ~ bnda, ~ 2 n y installments of
tt
tt .t 104.88 each, he fiat ' t en Io become du d payable on
or before the 14~ day of Ma1? 19 ~ ,and one installm t' to become and payable on
or before the 14t-h day of each succeeding r~wnth urlil the whole of said indebtedness is paid, with interest
from date at the rate of 11 • per annum.
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If any installment of this note is not paid at the time and place specified, the entire amount unpaid shall be _
tt due and payable at the election of the holder hereof. All parties hereto, whether makers, endorsers, sureties, guarantors,
tt or otherwise, hereby waive demand, notice and protest. If placed in the bands of an attorney for collection, we jointly
tt and severally agree to pay reasonable attorney's fees. the tax required by Section 201.08 of the Flora
Statutes has been paid and proper stamps have beers fixed to the $age which sectnes
tt the obligations evideioed by this note. The f this in reserve the ~1
n ~ prepayment in whole or in part at any time thovt penalty,
tt
A a Partnership .
tt
a (SEAL)
Add~~ ~ •
Arthur S. Powers
tt; Telephone No. (SEAL)
x.
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AND the mortgagor hereby further covenants and agrees to pay promptly when due the prin-
cipa) 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 ur suffer no waste, impairment or deterioration
of said land or the improvements thereon at any time; to keep the buildings now or hereafter ott
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 ur 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
I becomes payable by virtue of such insurance the mortgagee shall have the right to receive and ap-
I ply the same to the indebtedness hereby secured, accounting to the mortgagor for am 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 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 ol,tion to foreclose or any other right hereunder, and '
i all such payments shall bear interest from date thereof at the highest lawful rate then allowed by t
~ the laws of the State of Florida.
IF any sum of money herein referred to be not promptly paid within thirty days next after
the same becomes due, or if each and every the agreements, stipulations, conditions and covenantsg
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 not«•ithstanding. Failure by the mortgagee to exer-
cise any of the rights or options herein provided -hall nut constitute a waiver of any rights or op-
tions under said note or this mortgage accrued or thereafter accruing.
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• g~~30 PEE 459
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