HomeMy WebLinkAbout2846 ' ~ w
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No SO _ (J()
tt Port St. Lucie ~ FLORIDAr April 28 19 80
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For value received, I or we, jointly and severally, promise to pay to the order of
rTIQ~IAS T . R artd Armette J . R ,his wife
107 Sol Y lamas Drive
~ Santa Fe ~ Nesu Mmd~e 875~_B~QQi~SD[
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TiaO THaJSAPID TWO HI~IDItF.D FIFTY and NO/100----------------------------------- ~
LLARS
at above address ,Florida, in 24 ern=.~al -monthly installments of
104.88 each, c6tn>~ the fiat installment to become due and payable on
or before the 28th day of 19~, and one installment to become due and payable on
or before the 28th day of each succeeding mo th until the hole f id a is paid, with interest
from date at the rate ofl~per ann
'
If any installment of this note is not paid at the time and place i(ied, th a tire amount unpaid shall be
x due and payable at the election of the holder hereol. All parties hereto, w ther make ndotse~s, sureties, guarantor,
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 Flori
Statutes has been paid and proper statq~s have been affixed to the mortgage which secta~es
the obligations evidenced by this note. The maker of this note herein reserves the right
of prepayment in whole or in part at any time without penalty. .
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Telephone No By
tt: owers (SEAL)
AND the mortgagor hereby further covenants and agrees to pay promptly when due the prin-
j cipal and interest and other sums of money provided for in said note and this mortgage, or either;
to pay alt 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
I 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
ply 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 folly 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
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 payment.4 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 agreementsg, 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-
else any of the rights or options herein provided shall not constitute a waiver of any rights or op-
lions under said note or this mortgage accrued or thereafter accruing.
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