HomeMy WebLinkAbout1420 +a .T~'+~ll'!!~' ?oI.ATIOtY _ tiX_ nr + ' ~ ~ tJ1~ - = ~ ~
r ~ PorQ~St. L.e ~ - ~ -1980 ~y
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• fOR VAtUE tiECtIVfO.,,{he.ynd~rsigned, llointly and severally, ii inure than one) protttlses tc, pay to - ~
F~r1I~IlC (ERVEIVKA and MARY E. •~~tVFZ~A, his wife .
6437 Miramar Par~laaay, Hollywood, Florida:: 33023 .
dry, in the manner h~re.naiter spec tied, the printipal sum'of
• ----------------------------IS 3500.00
'1r..'tEE Z1•lOl7SAIVD FIVE N~IDRED AND N0~100-------- - r ~ ~
r+~ int~:rest From Gate at the rata of per cent, per annuvt on the balance from time to time remaining unpaid. The said principal ~
•cs .n;acest shall.be payable in la~tiful money of the United States of America at the a~OVe SddreS3
a t such place as may hereafter ba dt+signated by written notice from the holder to the maker hereof, on the date and in the manner following:,
F'rixtcipal said interest is -payable monthly in equal instalments as follows
• $eginning on .Attgus~ ' 8 , 1980 , -the sum of $164.76 , and the same • atz>;xmt on the .same
day•of each martth, in each year thereafter, ugtil the enure principal stm of - -
$3,500.00 together with interest, •herein provided, had been paid in full.
Arl payments are to be applied f t to inte~Qst at .the rate. specified herein uQon
the principal sum of $3,500.00 0 tHereof,~as~may from time to time relBin
trtpaid and the balance of ylmetnt shall be applied to• .principal .
' this Hate is prepayable in le• or_ in;part at any time without: penalty.
Zhe tax required by Section 201,08 of the Florida Statutes has been paid and -
praper star~ps have -been affixed to -the mortgage which sect~es the obligations ,
evidenced by this note. `
This note 4vith interest is secured by a mortgage on real estate, pf even date herevvith, made by the maker hereof in favor of the
' ~ nay~e, and shall ba construed and enforced according to the laws of the State of Florida The.:erms of said mortgage
:~y tnu reference m;de a part hereof. _
• I f default tae made in the payment of_ any of the sums or interest mentioned herein or in said mortgage
~'or in the performance
r,y of the agreements contained herein or irti said mgrtgage, then the entice principal si.m and accrued interest shalt at the option of the
- ,er hereof t:ecorre at once due and'colleCtibte:without notice,-time being of the essence; and said.prini:ipa! sum and accrued interest sha`I
bear ~ntereat-from such time until paid at the highest rate allowa5le under the taws of the State of Florida Failure
exercise this option shall .not"constitute a waiver of the`riijht to exercise the,sasne in the event of any subsequent default.
. •[ach person Raffle hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice }
shonor and agrees to pay all costs, including. a reasonable attorney's fee, whether suit be brought or not, if, after maturity of this note
. c~fault hereunder, or under said mortgage, counsel shall be employed to collect this note or to protect the security of said mortga5e.
- l~(herever used here in the terms 'holder', 'maker' and 'payee' shall be construed in the singular or plural as the context may
tq_.:re or admit. - - ,
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P.IAKER'SADDRESS ~ ~ G-
' Naranja ~~1j
?art St.. Lucie, rla. 33452 -
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 either;
to pay all and_ singular the taxes, assessttients,.levies, liabilities, obligations and encumbrances` of
every nature on said property;. to permit, commit or stiffer no waste, impairment or deterioration
f of said land or the improvements thereon at any time; to keep the buildings now or hereafter on
f said land fully insured in a sum of trot less than its full insurable value; but in no event less than the
amount secured by this mortgag8, 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 searches, reasonably incurred
or paid by the mortgagee because of the failure of the mortgagor to promptly and fully compl3• -
with the agreements, stipulations, conditions and covenants of said note and this mortgage, or
either; in the event the mortgagor-fails to pay whets 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. - ~ ,
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 pay able.
~ anything in said note •o~ •herein to the contrary notwithstanding. Failure by the mortgagee to exer-
cise any of the rights or options herein provided shall not constitute a waiver of any rights or op-
tions under said note or this mortgage accrued or thereafter accruing.
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