HomeMy WebLinkAbout0240 s ..l-S•-, 000-.O.Q sTUART. Florida........ bja.y......2.2...................... I!.$.0.....
FOR VALUE -RECEIVED. the undersigned, jointly and setrerally. PROMISE TO PAY !o the ordetr ot..F•RANK,•..F...........•...•....•.........
' --SAROKA- a-nd AllDA1lGNI;-- SAROKA., ..~l.iS..-W i~fo•,
-I: i f tee.n...thou-sand ...a.nd.-..nof..lOD-- - _ --t.... - - -DOLLARS.
a: the - -r-es idcnG.e-..o-€•--•l~•rank •~T_.•-- 5a roka~.-and . Addauene..~.Sa_raka ....-.or a,ch. oth.r plac. a: !h. holder
hereof msy designate irl writing, together with interest from dais at the rate of 13 per centum per annum on the unpaid
balance until maturity. Th. said principal and interest shall be due and payable as follows:
In (12U) equal monthly installments of 6223.97,
payable beginning as of Jitly 1, 1980.
'There shall be a prepayment penalty of S$ of
- outstanding principal if paid off during the first
3 years (36 months).
11 dela,Jt ba male ter J!Q_. -days in the payment of any inslallmenl of Irincipal or interest or any par! thereol, the rl,ole sum then remaining
unpaid arilb interest shall at holder's option become due wad payable without notice. Failure to esercise such option shell net constitute a •raiarer of the
right to ~:erciae the same in the earenl or subsequent delault. Alter maturity botA principal sad accrued intrrest shall be..r interest at -per centum
yet annum until paid. The mskera and endorsers of this note lurther araite demand, notice of non-paymrat end protest. 11 this note is not paid at
maturity and the acme Is Placed with an attorney /or collection, the mahgs a,qd endorsers hereol agree to pay all costs of collection, including all court
costs and reasonable ¦tto?aey lees. -
A./; ~R NKLIN BR~INN0N
5.~ l.(-Ct.!i ~~C .~....?.7t.:.1-~t•lt..`).~.! ....(SEAL)
' CATI IL'R I Nji S . BRANNON `
and sl,.+a riulc, ptuutl,N}• :u,d fulls l,r•t(+,ent, d+atl.argc, cxctutr•, cllcrt, tourl,lctc. rnny,ly a:ule :,,:+1 a!+s,lt• i,y carte Intl every
the slipulatiuuc, agrrt•nrruta, t+,ur!utunc and <mrnauta n( a.tid promissory uotc and of tins mongagc, thou thu mortgage and
the estite hereby created shall cease :uul he cull and void.
- •„unnuns rc(crriu
It is undcrctno that r.+ch of rift aa'utsla, "hate'," "mnrt~aGne" :uu "mnrtl;:ry;cc' tc.lx•tuacla furl the t ~
thcrcro, whether in rhr su,gul.,r nr I,hn:,1 :ut~aaht•tc in this nn,rtl;al;r, shall I,c w,~uL,r el nnr nnia .uul sh.,l1 hr l,lural 1+,intly
and scvcralh•, if mnrc than ouc.:u+d alsall I,c maatulinc. (rmininc and'ur neuter, aa•hcrrvcr tLc tuntc~t an unl,Lca nr arhnita.
Aud said i\lonl;.+~.,r fr,r hiu,aclf and his hc•ira, icy;.el n•prc.cutatiacc, wrrc+wrs and aurgus, hereby cua-cuann and agrees
to and with said \lortgagcc, his Ic{;al rcpresentatis•cs, successors and auigus:
1. 'lo pay all and ain~ut.er rhr Inintil,al :urd intcrc,t :uul the aarinua :end wndry .aura n( uu,nr} l,aval,lc h)• ulnae o[•
said promissory uotc, anti this utortgagc, c:ech and every, promptly un the days rcapcctncly the saute x•vcrally become due.
! 2. •l~o pay all and aiul;ul:,r tlrr ta~t•a, aa.rcauu•ula, levies. liabilittt c, r,hlil;auuua .uul uu uwhrantcc u( cu•rv nauuc anti
kind noav on caul rlt••tribcd hn,l,crty, .uu!lur that hcrca(trr nt.ry hr iml,r+,cd. aufirrr+!. I,L,rrd, Icait•d ur a.ccaat•ri thcrcupun,
and/or that hereafter nta)• br It•vit•d nr a•araacd ul,nn thin mnni;.rr;c:uul;nr rhr iurlchtrrhu•aa at•rurctl h,•rcbv, Catfe amt tact),
{ when due and payahle•acn,rdiut; n, laav, Lcfure thr•a- btcnux• dche,rlucut..uul Lt (++rr :u,a inrret.t an.uhca nr l,en.dty is
incurred: atul in co f.,r as auv there+,f ra of rrcrnd the s.une sha!I I,r Inuu,l,tla eat,afird :u,d rh•rleati;rri n( record .e:,ri fire nt-
iFinal n(hei:,l duturncnt (web a.. Lu inct.u+tc. the te>, rrrrel,t nr tl,c s:eti~f.u u.,+, l,.y,rr r+Iltr t.,ilc cnd+,nrd of tcru(trvli .hall
hC plated ut rhr hands n( ..u+l ~1+•n~ ~~rt• acillun tt•n diva nt•~t a(U'r I,.runre,t: :uul en rhr rcrnt that .nit thrrr+,f is not a+)
paid, caliafirtl sort dr.char{;cd. ~.ud \Intti;ai;r-c u?.+c at anc untr I,:,a tLc a.unr+a ant I,.nt rhrrt•.,I aaitin,ttt ac.+iain^ ur .d(ctt-
inti au}• option, lien. criutt)' ur tt;;ht antler ur I,y virtue of Ihr. ntttrtl;ai;e. .uul lLr Intl :uununt of rash .uul ca et}~wcl? piy-
meat chill be imnuefiatcl)• due .unl l,aval.lc .urd .hall I,r,rr intrrc.t froth tt+c d.rtc thrtc+,f ur.t:l I,.ud at the ~ratc of ten per
eentunt prr auuum and togetLcr avuh sorb interest shall I,c secured by the lieu u( thin nsnrti;.a;t•.
i
3: -i-n l,laee and cnutinnnuaiv kcrl, m, rhr Luildinl;c nuta• or hen•after situate nn a:nd l.urrl rue ::r,rl aanul•u,tne tuaur-
ance ut tht• u,ual ctand.,rd pnlir t fnrut, u, i autn not Iran titan the hil;hcsl u,auraldc aalur, ur our h t++ntl,.u,v nr enutp.tutca .tt
may he apl,rmcd by a;ud \Inneart•r::netl all sorb iuwrantr l,nlir ic•a on au)' of a.ud huildin~,, :u,a ir,u•rc.l tlet•rt•iu r,r l,:,n
thereof, in the a~l;rct;atc cum al•uca:ud ur n, ca:eeas tlu:rcn(. sh.rll tmu:nn the uau.,l ct:u,da,d nn,rtt;,s;cc clause tn.,i,rn~ the
In.a water a.ud l,olirerc, c:rrh and terra. 1,+)al,lr u, caul ~I~,rtl;a~cc:n his iutcrt•at nt.ra :r!,!,r.u. and carp anti c•acrv cwh pnlisy
1 shall be pr+nnl,tly dclsacrcrl t+, :u.,1 ht•L( In •.ud \I,n li;.ry~r r: :uul. unl Ica. thin u•n d.raa ,n :nit.uu r of lire cxi,u.uinn .,I car h
l,nlic), to dt•I,vrr to a:ud \ir„e~.,~rr ,cn+av:d tl+rtrnf, rr.~cthcr with a n•erii,t L,r rhr lnrnnuut +,I curie rrnca,.+l: .unl thcrr
shall be un sorb irsautauec l,lae+vl mr .n,v •.f •a id hu,hlin,~a, :urv iutrrrat Ihr nr n, l,.,et tht rt+,f. u,Jr~a in the Irnnr :nut ta-ith
the lu.a l,aval,lr ac :el+urcaul:.unl u, rhr runt :rna• anm u( ut+nu•) brr hates l,.n.+i.l•• tu,drt wr I•..lu rn i,•+lu ,ra .cut \lur:~a~cr
t shall base the nlrtinn to nectar sort ai,f,ly the c.une rhr atc+nent of rhr indrl,re+hrt~c ae•rmrd Lr rrl,c v, l:r,nut curl \I+,rtl;a-
I;+,r to rccciae :uul use it nr :u,: I,..rt thrrc+,( Iur Haber In,rl,nara a.ithnut tf+rtttra a~.:nm•; rn. nut+., e:urti .u:a erin,ty, lit•n nr
right undt•r nr b} viruty n( flu. nu,tt~a~c::u~d in the caant aaitl \(nrt~;a;;nr ah.dl Ian .arc rr.n.,n I.ul l., l+ri, rhr ..usi i,trnuat•a
so irnurcd. or fail to drlivrr l,t+nnl,tla :u+y of caul l,nlitica u( n,sur:necc to ..ud \Inrt;;,~rc. nr Lnl ln~nnlul) t., l,av lolly any
- prcmiusn tltCrc(nr, nr in au)' tral.rrt Lul to l,cr(mnt. di.tharl;c. rscrutr, rflrrt. trnn!,Ictr. rnrnt+la a.,th rt,a :,Lirlr In this c+n•-
k chant. or any hart hcrcnf, a:,id ~Inr,~.rt;cc m.rv l,latc and pay (nr wth inaur:u,tc nr auc p.ul thrn•++! a„th,net a,.ucnei; nr
,
a affrttinf; aria' ul,tinn. lien, crlunv rn tit;l,t und,~r or b}• a-irUtr of tltia mnrtti.ry;c.:nul lhr foil ant+,nnt of c.uh and raetc wth
I payment sl+all be inmcdialcl) dur :uul l,,nahlc and shall hear intcrest fnmt tLr d.ru• therrnf unt,l paid al fire tare u( ltn
per eentwn per annum and together with such interest shall be secured by t!ec hen of thin mnrtg:+I;e.
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4. To permit, commit ur suffer art waste, impairment or dctcriur:rtrnn of swirl prnl,rrty or :u,} part thereof.
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5. Tn l,ay all and aiur;ular rhr tmtc. cha,tira .uul c~l,rnara, inrltt+!inti rc.+c++u.,blr Lrtaarr•~ irra .u,d that n( :,Latt.,cla n(
title, inrurrcd nr paid at an}' unec Lv said \Inrtl;:,t;rc hctanrr :uulrr,r in rhr carat r+( rhr f:,dutr mr flit l,.ut rif the s.ud
~long.,gnr to duly, laontl,tly and fully Ircrlnrm. disthar{;c. cxctutr•. cftctt. tuutlrlrtr, rnn,l,la .nth :uul al,irlc by r.,rh :uul
eccry the stilnrlatioua, at;rcctncntc. c+,uduioua anti nn•cuanta n( c.rirl I,rnsnrcanrt n,tr. and thta nu,rt~.r{;e..ur) r,r cithrr. and
said tmta, rhrrgct and c~l,cnara, rich and earn'. shall he immcdrau•Iv due anti I,.taal,lr, a.hrrhrr +,r n+.t nc~rr hr nnrerc, rlr- •
m.uul, atlcrnpt to rnllrct nr wit p+ udur~: :,nl the lull am+,tnrt of cant .uul cvr•r~ snr Ie Irs},urnt .ball hc.rr intrrc.t fmnr the
date thereof until paid at the r:ue n( ten per tenunn per annum. and aU said costs, el?rrges anJ expeusa so incurred of paid,
together with sucl? interest, shall he securccl by the Iteu of this nu,rtgrge.
l B~ UK J•~~ PaGE 240
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