HomeMy WebLinkAbout0469 ~rAp~p~ that if Mortgagor shall pay to mortgagee, iCs successors, legal ?epresenU-
tives or assigns, that Promissory Note, a copy of which is set /orth here:
l ,..-RF.--~,. •;l~'%~?-:~,' NOTE
A`~ Date...S?':Y::~a~F:2:..~~.,....;':
FOR VALUE RECEIVED. the unds?sipned (referred to as 'Maker', whether one or morey. jdnty and severalty. prom
iseetopaytothsordsrof :~??r:''~.. ~'':~:^:"~.t.~t,. ~
1.4!? 2~TZC1:L..~:):~~' ~..A;i:,T
(who together with subsequent holders d this note. is referred to as holder), at 3 2 t
; i.. t: ri Z F a`.1 N.. R t'~ ..i, . i ~1:: ,1~ .
or such other plans u Hokfer may desipnats In writing the sum d.~ ~ TY. :':?.T:) F ..~:'.-3:7)1 S 1:. F. daa
NR?)`iCf'DOr~i? ~ij~iT ..DOLLARS, payable in lawful mousy d the United States to ....i.i.3 ly
consecutive month
installments d i ~ , ....each. and final Mstalknent d i ~ S . ~ - ,on the,.; M ..day d each
rrrer~inp ~ ~ ' + ~ ~ ...19.:.0 .
month. com ...,and oontinuirq thereaRsr until thin note is fully paid.
The Maker ahaN have the p+ivbpe to prepay this note in full before maturity. H this loan is prepaid in full or M Helder ac
oelerates the maturity d the unpaid balance d this note as provided herein, the Maker will receive a rehab for any unearned
interest aocordirq to the'aum of the digits" method. Rebates d less then 11.00 will not bs made.
In the evsM of the Makers' dsfauR for ten (t0) dsys or more in mekirp any payment due, Holder may assess a defauR
charge equal to 596 d the amount d each psymsnt In dsfauM.
Hokfer may declare fhb note due and payable either: (1) when permitted under any security agreement or mortyape. now ~
or hereafter in effect, securing the repayment hereof; (i~ upon the dsfauR in any payment required hereunder; or (iii) upon the
insolvency or bankruptcy d any maker, indorser a Qusrantor hereof. After maturity. this note chaff bear interest at 11396 per
annum. In no evsM ahaN any Maker. indorser or guarantor of this note be oblipatad to pay any Interest M excess d the
maximum amount permitted by Florida law Each Maker. indorser or guarantor. jointly and severally: (i) promises to pay sit
cost d ooNsctlnp this rrob, tnc~udino a roesasabis attorneys fee, whether incwred in oonnsction with ooYsaion erW appeal. a
Mhsnwiss; and (ii) waives presentment. demand. notice d dishonor and protest.
This note is secured by a mortsaps d even date herev+rHh covsrirp the odiatsral more particularly
described therein.
This note may ne prepakt with a 596 prepayment penalty during the fintt loan year, a 396 prepayment penalty during the
second loan year and a t% prepayment penalty durirq the third year. The fore~otr?g prepayment penalties shall be computed
on the unpaid prindpel balanas and aaxued interest due and owirp.
Each Maker aCkrwwlsdpss rsoNpt d a Dopy d thb_ note, and sprees to ap d the bans oor>talnsd herein.
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and will perform and comply with every stipulation, provision and condition of the note and of this mortgage
and shall pay all taxes which may accrue on the property and all cosu and expenses which mortgagee, iYs
legal representatives, successors or assigns may be put to in collecting the note in foreclosure of this mortgage
or otherwise, including reasonable attorneys fees. In that event, this mortgage and she estate created by it
shall cease and bt' null and void. ,
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,~1tul ~~ur~gttgor ~gr~e>~ .~s .~nU.viv.~:
1. This Is a SECONID mortgage loan.
2. /n the twent any mortgage superior to that held 6y Mortgagee is delinquent or in arrears or other-
wise in default, Mortgagee may, at iCs option, make all superior mortgage payments and/or cure the default
and immediately declare due the unpaid principal balance of it`s mortgage to be payable on demand.
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