HomeMy WebLinkAbout1790 INiTAL,4,MSNT NOtt
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NO 2350.00
~t7rt St I~uc3e ~ ~ FLOItiDA, April 30 198p .
For value received, I or we, jointly and severally, promise to pay to the order of
tt J06~iZNE SABII~
6561 W, Addiscan Street
M ~ S~caeo Illirais 60634 i~i~~QC
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AND NO/100 rx~
ac 8boVe 8c~dress Fbri 60 1 LIARS ,
tt ~ **+^nthly installments of
tt t -51.11 a fiat installment to become due and payable on
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or before the _•~y of May 19 and one installment to become due "and payable on
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z or before the. gay of each succeeding month til the ole d
'tt a paid, with interest
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front at the rate o
1f
I.1%
per annum.
x
If any installment of this note is not ~
paid at the time and place specified, th entire amount unpaid shall be
,z due and payable at the election of the holder hereof. All parties hereto, whether makers, endorse sureti
or otherwise, hereby waive demand, notice and pnotert. If placed is the hart of an attorney {gqrt~co ~y~e nt Arty' ?
z and severally agree to pay reasonable attorney's fees. taX e~b Section ZUl . UtS II1e~~,OYi
= Statutes has been pa~.d and proffer statq~s~iave beetl~fixedyto the mo~rt~ge ch secures
the obligations evidenced by this note." the maker of this note herein reserves the rig}
z. of prepaytneizt in whole oz in part at any time wi
tt penalty.
Due
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- Add.r~. (SEAL)
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Telephone No. ~
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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 eithet•;
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 pay able 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
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, as.Ses.Rment, 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 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-
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.
600KJJ~ P~GE~~
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