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AMOUNT LOCATION
s 30,000.00 Ft. Pierce, Florida °A~~ay 1, 1980
FOA YA~tiiE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to t
Laf>~srd D. Conway ~
or order, in the manner hereinaher specified, the principal sum of TfIIRTY ZiD and 00/100 - - - - - - - - - - - - - - - - - - - -
. IS 30,000.00. 1
With inbrest from date at the rats of 15.00 Per cant, per annum on the balance from time to time temainingunpaid, the said principal ,
and interslt shell be payable in lawful money of the United States of America at 924Q NE Ocean Blvd. , ee~15eD0$e8Ch, F~~457
or at wch plsoe as may hereaftet be designated by written notice from the hokfer to the maker hereof, on the dab an"~inthetf mlanner following:
The entire amount of principal of this Nate, together with interest due thereon, is
due and payable on November 1, 1980.
This note is prepayable in whole or in part at any time without penalty.
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Phis note with interest is secured by a mortgage on real estate, 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 . F10T].da The terms of said mortgage
are by this reference made a part hereof.
If default be made in the payment of any of the sums or interest mentioned herein or in said mortgage, or in the performance
of any of the agreements contained herein or in said mortgage, then the entire pi incipal sum and accrued interest shall at the option of the
holder hereof become st once due and collectible without notice, time being of the essence; and said principal sum at~d accrued interest shall
both bear interest from wch time until paid at the highest rate allowable under the laws of the State of FlOrlda Failure
to exercise this option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice
of dishonor and agrees to pad all costs, including a reasonab{e attorney's fee, whether suit be brought or not, if, after maturity of this note
or default hereunder, or 'under said mortgage, counsel shall be employed to collect this note or to protect security of said mortgage. `
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Wherever used here in the terms 'holder', 'maker' and 'payee' shall be construed in the si or plural as the context , ay ;
require or admit. - f
MAKER'S ADDRESS /
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C AND the mortgagor hereby further covenants and agrees to pay promptly where due the grin- -
cipal and interest and other soma 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 costa, 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 whin due any tax, assessment, insurance premium or
I 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 payments shall bear interest from date thereof at the highest lawful rate then allowed by
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 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-
ties any of the rights or options herein provided shall not constitute a waiver of any rights or op-
t tions under said note or this mortgage at:crued or thereafter accruing.
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