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~ Port St. I~tlCie FLORIDA; ~-1 28 i9~ _
For value received, I or we, jointly and severally, promise to pay to the order of
NICE~IAS T. 1~NAR
107 _ Sol Y I~mas Dive
~ Santa Fe, New Me~dc~ 87501 ~
LLARS
at ab6N~-ad~ess ~ t ,Florida, in 2~+ equal *~onthly installments of
104.88 ~
tt = each, the first ' tallment to become due and payable on
or before the 28th da of ~Y
tt y F 19 ~ , e nsta nt to become due and payable on
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a_ or before the 28tt1 day of each succeeding month u th hole of sai btedness is paid, with interest
tt
,z from- date at the rate of 11 • ~ per annum.
x` If any installment of this note is not
paid at the time and place speci[i ,the entire amount unpaid shall be
due and payable at the election of the holder hereof. All parties hereto, whether makers, endorsers, sureties, guarantors,
or otherwise, hereby waive demand, notice and protest. f placed in the lean o[ at~tgrney tq~ c uqn, we jc~Atl
tt; and severally agree to pay reasonable attorney's fees. ~ taX Y'eQt$reQ by ~eCL1oCl 1U1 ~ Oi the r 1C~i .
tt Statutes has been paid and proper staffs have been affixed to the mortgage which sec~ires
the obligations ewidenoed by this note. 'Ihe maker of this note herein reserves the nigh'
of prepayment in whole or in part at eery time without penalty. =
Due
a Par hi
Addrec~ (SEAL)
tt Telephone No. BY• (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;
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 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 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 lawyer's fees and title searches, reasonably incurred
s 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, ~issessment, 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 affecti~tg 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 caws of the State of Florida.
1F 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,agreement5, stipulations, conditions and covenants
0 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,
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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 ~ hall "not constitute a waiver of any rights or op-
.
tions under said note or this mortgage accrued or thereafter accruing.
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''R ~ P~~E 2845 1