HomeMy WebLinkAbout2153 ~rtir4HtaC~VIC
•~;.SOUNT LOCATION OATS
s 2,100.00 Port St. Lucie, Florida 33452 July 25, 1980
FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to
Cot~nntry Squire Budlders, Inc., a Florida Corporation
cr order, in the manner hereinafter specified, the principal sum of Tta~o ThOUSand Ot'e lfiatdred and No~100---------
• ------------------------------------------------r---------------- (g 2,100.00 1 .
~ :li interest from date at the rate of 14.00 per cent, per annual on the balance from time to time remaining unpaid. The said principal
.~:ci interest shall be payable in lawful mo~tey of the United States of America.at
,,r at such place as may hereafter be designated by written notice from the holder to the maker hereof, On the date and in the manner following:
• Thirty six'manthly installments of interest only and one installment of $2,100.00
plus accrued interest on the unpaid balance. This first installment to beca*le
due and payable on or before the 25th day of August, 1980 and one installment to
become due and payable on or before the 25th y of each succeeding month until
the whole of said indebtedness is paid wi terest from the date from the. date
at the rate specified.
The maker of the note hereby reserves the right of prepayment in part or in whole
at any time without pens-lty. -
The tax required by Section 201.08 of the Florida Statutes has been paid. and proper
stamps have been affixed to the Mortgage which sect~es the obligations evidenced
by this Note.
This not~• with interest is secured by a mortgage on real estate, of even dote,., re~~: mace by ~ : ~+a%er hereof 'n fati•or of tie
. a payee, and shall t,e construed and enforced according to the laws of the State of r~D~- 1 7hL terms of said :r:ort;,sy:
5y this reference m3da a part hereof.
If default be made in the payment of any of the sums or interest mentioned here or i• sa+~+ mo:tgag~, or •n the perfo-^ :~^e
..ny of the agreements contained herein or in said mortgage, then the entire prncipal sum ar-: accrued interest snail at the op~~on o` u.,
~r hereof become at onca due and collectible without notice, time being of the essence: anC .old princr aS sum znd accrued imp • : ~t s~aa
.h bear interest from wch time until paid at the highest rate allowable under the laws of the State of ~lOrlda Fa;lure
exercise this option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice
- ':s~or,or and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brought or not, if, after maturity of this note
..~fa:,l; hereunder, or under said mortgage, counsel shall be employed to collect this note or to protect the security of said mort,.•_.a.
:"lherever used here in the terms 'holder', 'maker' and 'payee' shall be construed in the singular or plural as the context ~ ,ay
:ire or admit.
ir1AKER'S ADDRESS - - ` ~
,
Q ~rl-eS--~ZTar-'ll %
to n ! - / %'/.)1 yv1
. ~ t~Jeanie Mi.zzrahi
AND the mortgagor hereby further covenants and agrees to pay promptly when due the prin-
j 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
i 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 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 whin 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
l all such payments shall bear interest from date thereof at the highest lawful rate then allowed by
the laws of the State of Florida. -
l
IF any sum of money herein referred to be not promptly paid within qty day s 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 or herein to the contrary notwithstanding. Failure by the mortgagee to exer-
cise any of the rights or options herein provided ~ hall not constitute a waiver of any rights or op-
tions under said note or this mortgage accrued or thereafter accruing.
8(lOK PIGEGl~~