HomeMy WebLinkAbout0440 ~v~TALLMtNT NOTt ARMCO FORM 8!
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Port St . Lucie FLORIDA, J~-y 10, _ _ _ _ _ - _ _ -19~
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For value received, I or we, jointly and severally, promise to pay to the order of '
h Lloyd J. Dion and Winifred G. Dian, his wife
9_Santa Maria Court, Spanish Lakes~Riverfront
Port St. Lucie, FLORIDA 33452
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' z: THRI~ T1~USAND ADID NO/100 -------------------------------------------------COLLARS
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a~ ~ abOVie address ,Florida, in 2 semi installments of ~ ~
/plus interest an unpaid balance ~ ~
1.500 - ~ each, the first installment to become due and payable on
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tt or before the 1~Ot1.1 day of~~ ,and one installment to become due and payable on
" or before the 10th gay of each succee S• 'un it ih whole of said indebtedness is paid, with interest
• from date at the rate of~n_per annum.
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- If any installment of this note is not- paid at the time and place specified, the entire amount unpaid shall be
due and payable at the election of the holder hereof. AU parties hereto, whether makers, endorsers, sureties, guarantors, ;x
or otherwise, hereby waive demand, notice and protest. If placed in the hands of an attorney [or collection we jointly
- and severally agree to pay reasonable attorTtey's fees. The taa required by Section 201.08 Of' the Flori:
Statutes has been paid and proper stamps have been affixed to the mortgage which secures
the obligations evidenced by this ate. The mal~ers of this note herein reserve the ri.g~t ~ .
of prepayment in whole or in part at any time without penalty. ~
_ Due .~L----. _
. _ F~ (SEAL)
Addr~~
s Telephone No. (SEAL
AND the mortgagor hereb further covenants and agrees to a
y p y 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 ou
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 seaxches, 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 whan due any tax, assessment, 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. -
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F 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-.
else any of the rights or options herein provided shall not constitute a waiver of any rights or op- -
tiona under said note or this mortgage accrued or thereafter accruing.
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a~K335 P~~E 439
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