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Home My WebLink About0905 ~ y 1 ~ r _ r 'r 1 . ~i ~rDUidpd ttlutttg8. that if lair! JUortga$or shall pay unto the said Jllortgagee the certas~n~ prontisaory note, v)' w/r:ch the )ollorring in utirrls and flgurea is o true copy, s . i 4 , 860.71 Fort Pierce . Flatrwla - - June 17 , l9 80 FUR VALUE RE(:El\'ED, the undenigned, (jointly and snrraUy, i( more than one) promises to pay to PAUL E. JACQUIN ar order, in the rnanoer hereiaa[ter specified, the principal rum of Fblu' Thousand Eight hundred Sixty and - 71 /100 DOLLARS (i 4 r 860.71) with interest from date at the rate of ten per ceat_ per annum oa the balance from time to time remaiaio0 ttopaid_ The raid principal and interest shall be payabk in lawful money d the United Sates d America at residence address of payee _ or at such place as may hrn•aftcr be d.•signatrd by written notice iroat the bolder to the maker bereoi, os the date and in the manner fopuwing: This note is payable in monthly installments of Fifty and no/100 Dollars ($50.00) conunencing one (1) month from date and monthly thereafter.: Each installment includes interest at lOt per annum on the unpaid principal balance. Each installment first shall be applied in payment of the interest and then on the unpaid balance of the principal sum. - This note may be prepaid in whole or in part at any time without penalty. *tmtil said principal balance together with aecn>led interest is paid in full. This nott with iatenst is secured ed a ntortSaRe oa real estate, d e+rew date ?ercwit?. ttsade by the msk+er reseoi u favor d the said payee. and shall be oowstrued and enfarc acoordinE to tLe laws d the State d Florid:. a in the performance d If de(ault~be made in the payment d any, of the sums ~irnnt~ ~nuonedi brrr~o~ ~ ~t ~l at the optioa o[ the any d the agreement: contained herein or t.. card mor-tgag . I~ Pd sum and accrued tnterrst holder hereof become at once due and colkctibk without notice, time beias d-the esseaee% acrd surd PTiOC~ shall both bear interest imm such time until paid at the bia6est me albwable under the laws d the Ski Fbrida. Failure to c>Jeresse this option shall not constitute a waiver d the nght to eurci~ the same in the event d any subsequcn waives esentment, protest. testify, notice d protest and noticed dis- Each person liable hereon whether maker or endor+rr, hereby pr horror and agrees to pay all costs, including a rcasonabk attortter s ice, whether suit be brought or trot, if, after matunty d this Dote or default hereunder, or under sa,d rrtortgage, counsel shall be empbyed to collect this note or to protect the security d said moetSage. Whettevrr used herein the terms "bolder', "maker" and "payee" shall be cottstrued in the sio5ular or plural as the contKt rtny requ'trc ar adroit. 1[aker's Address ---(SEAL) *and suc~i default oontinuf~s for 15 days . - - rcF t ar~rt strait per/'urnr, ronrply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this deed, then ' this deed and flue estate hereby created shall cease and be null and acid. - - .~'~Itd the said „Mortgagor hereby covenants and agrees: { .1. To pay all and singular the Prinripnl and int~rvst and crtlrer sums njnu,neJ payable hJ r•irtue „j said prnnrissnrr/ only unrl this dprd, .~r Pitlrrr, pr.,nrptlii c?n the I dais respe~tirely tyre santr• ser•eralhl r•onae d?rP. I Tn pay all and sincsular thr• taxi's. assessments. !er•irs, licrhilitif•s• .~bliaatione I) urrrl en.cumbraraces of every natrr.re un said dc~s~•ribed property ea•-lr and every, and if the same be n-ot promptly paid the said .hlort~sagee may at any time pay the same i without rtai-ving or a~}'ecting the option to foreclose or a.ny right herettirder, and every I payme~ist so made shall bear interest from the date thereof at the rate of ten (10) per cent. per annum. o J. To pay all and singular the cysts, ehar6es and expenses. irrr•luding lau•yer•s ~ ~ fees, reasonably incurred or paid at any time by said ~~fortgagee because of the failure on the part of the said Mortgagor to perform, comply re•ith and abide by each and ~ .evert) the sti-ptclations, agreements, conditions a.nd covenants of said promissory) note and tleis deed, or either, and every such payment shall bear interest from date at the - - ~ rate of ten (10) per cent. per annum. To keep the buildins nou• nr Irercalter nn said land insured in a error nr~t less than its highest insurable val I)nllars, in a ~umpayyil ur r•~,nrpunies to be approved by said .Alortgagee, and the policy or policies held by and payable to said I .r1tortgagee, and in the event any suer. of mon~'y becomes layablP under such policy or policies, theMortgagee shall have th.e option to receive and apply the same on account ~s of the indebtedness hereby secured or to permit the .Mortgagor to receive and use it, or - ~ any part thereof; far other prerposes, u~i'horrt thereby waiving or impairing any equity ~ lien or right under or by virtue of this mortgage, and naay place and pay for such insr~rance or any part thereof, without waiving or affecting' the option to foreclose ~~r any right hereunder, and each and every such payment shall bear interest from date ~ at the rule of ten (10)--per cent. per annum. b00K~ PJ?GE ~ s _ _ ..a,_ - - - -