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Home My WebLink About0100 ~ ~1 ~ l ~rDU~dp~1 M11UM1~8. that if said JFlortgagor shall pay unto the said ,1Kortgagee the certcasin promissory note, of w/eich the fullou~t~:g in urords and fl~'ures is a true copy, t to wiat: Mortpp~ tJ~N, Its. r+~w MMr i ssawtr s.rsrrw-twrsr bsbOW ~ - ~ ~ ° •iMINOL! tt~ItY >tt I ` Mort~~~e~V~t~ach July 16 80 5.... 6 r 8~ . 00 Fbrdrt..-..........................................................19....... li ~ BSI FOR VALUE RKEIVED 1M undersignej promises ro paY to the order d ...................XIGTOR...J....:GQODMAN....and...'_KARGARET....E......COODMAN.,....his...ta.~.~e.,...:.................................................... Six Thousand Ei ht Hundred and no/100----~----------------- odl,r: $ ~ t~. prinalPel sum d....._ ..................................................................---.198.._............................................................... ....5...... togethe? with. inNrest thereon M tM rated t.~~4-......per cent per annum from...... 6.s ...............0.................................................. until maturity, bosh principal end interest being wY~ in lawful Money d the lhsited Slates, such principal sum end interest payable in installnNnls ss fdbws: The sum of $ 103.19- per month due w h the first such monthly i installment due and payable on Aug 6, 1980 and successive such monthly installments due on the 1 day of each and every month thereafter until all principal ccrued interest due and payable hereunder are paid in full. - This note may be prepaid at any time without penalty. - Sstclt instaWtssM paY~s shall be applied first to the interest accruing under the twins d this note end then to a reduction d tM principal indebtedness. TM makers and endorsers d this note furtMr ague to wsiw demand, notice of non-payanN and protest, and in tM ewM soil shell be brought br tlse collection ltereoF, or tM saasa has to be oolkded upon demand d en atlortsey, to paY refasonable attortsey's hes far makitg autdt collection. All payntetrs here- , under shall bw itsi.resf of tlta faro d......te~l.. peraeM Per amwwa. ham maturih unfit paid. This note i< icur:d br a matgag. of wen dale h.riwith and 8~ ro i bs construed and enroraad according fo the law: d the Stet. d Florida; upon derauh in the payanM d principal analor iNerast when due, the whale sue d principal end interest remaining unpaid shell, s1 IM option d Mie holders, txcome insinediately due and paYabN• Fsihre ro exercise this option shsQ not constih+ts a waiver of the right to exercise 1M same in tM event d subsequent default. PaYaWe .1........11101,.- S. ;.---Indian-..River... Drive ........tsEAl) ...MICHA~EI: J-: Mc;KAHON Ft......Pierce.:....F1..........33450 sSEAI) or such other place as shall be .......................................................................................................................(SEAL) . . ' designated by tM holder of this ...........ISEAU i note in writing. , ' i and shall perjo~rra, comply with and abide by eseh and every the stipulations, agreements, conditions and covenants of said promissory note and of this deed, then this deed and the estate hereby created shalt cease and be null and void. t .t~tt11 the said .Afortgagor hereby covenants and agrees: - ~ .1. To pay all and singular the principal oral interest and other sums of money ~ payable by virtue of said promissory note and this deed, or either, promptly on the days respectively the same severally come due. [ Q. To pay all a~ul singular the taxes, assess~n.en.ts, levies, liabilities, nhligations ~ and encumbrances of evert nature on said described property each and every, and if the same be not promptly paid the Said .M'ortgagee may at any time pay the same without waiving or affecting the option to foreclose or any right hereunder, and every payme~at so made shalt bear interest from the date thereof at the rate of ten per cent. per annum. J. ?ro a all and sin ulcer the costs char e4 and ex enses. includin lawn er's P y g g P g J fees, reasonably incurred or paid at any time by said .hfortgagee because of the failure on the part of the said. Mortgagor to perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants of- said promissory note and this deed, or either, and every such payment shalt bear interest from date at the rate of ten per cent. per annum. - ~ To-keep the building now or hereajter o» caul land insured in a sttm not less than ?~aximum insurable value ~ Dollars, in a company or companies to be approved by said Mortgagee, and the policy or policies held by and payable to said - i Mortgagee, and i.n the event any sum of money becomes payable under such policy or policies, the Mortgagee shall have the option to receive and apply the same on account of the indebtedness hereby secured or to permit the Mortgagor to receive and use it, or any part thereof, for other purposes, wi`hout thereby waiiving or impairing any equity ~ lien or right under or by virtue of this mortgage, arcd may place and pay for such insurance or any part thereof, without waiving or affecting the option to foreclose or any right hereunder, and each and every such payment shall bear interest from date at the rate of ten per cent. per annum. - BQOKt~c 5 per- -1~