HomeMy WebLinkAbout0055 ;,.r.,; a., .Ma,,M 1.?.W M~MUt, '.Wr'N•p IYM.N N?4,~.1:
1.,~ j
~ •
~ Mortga~t Nott
:..125,000.00. ort Pigr.Ge.,........n«ie. ...............October...2,........19 80
FOR VAItiE RECEIVfO 1M undertH9nad pronwses ro pay to the order d
JOSEPH F. KLOSTERMANN and DOROTHY J.~ KLOSTERMANN, his...wi~fe, . _ .
tt» principal ,wn dONE..HUNDRED...TWENIY-FIVE THOUSAND AN0 NO/100-----.--.-.-.-.--.-.-.-.-.-.---------------cdwr.
to9alh« wdh inle?«t Iharaon N Ih• rat. d l l ..p.r car?t par anrwnt lrorn date. '
unld maturity, bqA principal and intMal bain0 payabM in lawhrl Horsey d fM l/nihd SfNas, such principal sae and itMaraq payable in instatMnartts as fdhaws:
i
! The sum of s1 ,290.24 shall be due and payable on the 2nd day of November, 1980, and
I alike sum shall be due and payable on the 2nd day of each month thereafter until
the full amount has been paid.
r
This obligation may be prepaid in whole or in part at any time without notice,
~ premium or penalty.
~ a
Such inualMaanl payments shall be applied tiro to the interest accruing under the tarsws d this facia and than to • reduction d !ha principal indabadnass.
TM maters and endorsers d this note further spree Io wave damartd, na~a d non-payataa and preset, and in fits avartl soil shah (s• 6rovpht hx t(sa
collection hereof, o. 1M same has to ba cdlacted upon dauand d an arto.nay, b t»y raasonabla atrornay's fora for s~irtp strtA caliadion. Afl payrrtartts Aarr
~ under sMlt pear irrarest at tM rated ~ parent par anntre hom RNUrity until paid. this noN b second bti • saoApapa d awn daro herewith and is to
ba construed and adored according to tM bws d ?M State d Florida: upon dafauh in the paymanl d principal andla irtfaraN whets dw, tM whole sera d
Orrne•pal and interest ran?aininp w,pa,d shall. at tM option d the ltoldars, tseeoasa inrrydiataly due and payable. faillw N a~careisa this option shag not eonstihrt•
~ • waver of rly ripM to aaercisa the saute in tM want d ptbsaa?ant dalwlt. .
Payatsle at.. .P.~....~ ...Box 302..... ISE/?l1
Fort Pierce. Florida 33450- JAMES F~RANK~ -BRADLEY
_ .............................._.........................................ISEAI)
BETTY BRADLEY
a such shat plaq as shah be .............__.............ISEAI)
designated by IM holder d this
note u+ writing.
_ _ _ISEAL)
sad shall duly. promptly and tttny paartorah diaebars~? execute, affect„ oompbtay comply with sad abide by each
and every the aupuLUoas, asreemeats? ot>Ktditioas sad covenants of said promfssoq anote sad o! fists most~e?
than this mort~e sad the estate hereby t:ewted shall cease sad be nail sad void.
It la understood that each of the woods, "note," "mort~ttsor" and "morttasas" respectivafy sad We pron-
ouns reterriets thereto. whether fa the dapular or piurei aaywhee+e La this mottt~s~sr ahaA be atasular it one only
sad ahW be plural jotatly and «veralty? >t more thaw one, and shall ba mascuWt•~ temWne and/or neuter. wMr-
.vat the context ao fenpllas or admits.
Md acid 1+[ort~os fo! htmsdt sad his hNrs, lesai repreaeatatlves. atoeeaaora sad wises. Mreby oovao-
ants sad asses to sad with acid it[ortsas«? hta tease repeeaeatauvea, auooassosa sad wises:
1. To pay all sad sinsular the prfndpal and interest sad the carious sect sundry atteeu of mossy payable by
vtrtw of said promissory note. and this eoortsase? each and every. pe+tsmptiy on the days reapectlvdy the acme
«v~raUy become dw.
2. To pay all and alt~etrlar the taxes. aaeastments, levies, 1labWUes. obUSatlooa sad lncumbeanc« of every
nature and kind now on seed deecrlbed property. sad/or that hcreattee may ba tmpoeed. sutf~rsd. placed, leveed
or aaaassed thereupon, and/or that lareattet may be levied or aaaes«d upon this mortsase and/or the tndebted-
seas second hereby. each and a~ery. whey due sad •payable atxoedias to Lw? before they become dattaqueat.
and before any interest attach« or-say penalty V incurred: sad In ao tar Y say thereof fa of record the same
shat be promptly aatistied sad dlaeharped of record aAd tba otistnai ofddal doaumeat (such aa, for Inataaee.
the tax receipt or the NtUfaetlon paper officwiy eadortted or nrttded) shall De placed fn the heads of acid
3+[ortsas« within ten days next after payment: and in the event that asr~r tbarot fa not so paid, aatlafted and
diachars•a. seed irtortsas« may at say time pay the same or any Part th•areo! without waivfets or a[fecuas
say option. lien, equity or risht usdar or by virtue of rhea mort;a;a. sad the full amount of ead? sad every
such payment shall be immedlably dw sad payable and shall bear tateewt from the date thereof until paid
at the rat. of ten per cautum per annum sad tos~ther w1N such fatsewt wall be ssctired by tie ilea of thu
eewrtsase.
. is. To plan sad coatlnwusly keep ors the buUdtnse now or henaltar situate oo seed land An sad windstorm
insurance in the uiual standard poUcy form. to a sum not leas rhea =.~ighest insurable val_uga auk
psny or compaalea u may be approved br said btort~~e: and all such lasunaoa poildw oa say of said bulld-
inpa. any Intersat iheretn or part thereof. to tM a~rept. sum atonsaid o! is e~,ow thereof. ahW contafa th•
mouse standard mortsas« use makiat the lose under Bald poHdea. each aM .wry. payable to Wd >r[ortsa.
ss« as hfa interest may appear, sad eaefi sad every ouch poUcy aitW ba pt~ornptiy dsiivrsd to sad held by said
liortRssee• and, not leas than ten days in advaaa of the exptrauon of each policy. to deUvr to acid ![ortsas«
a renewal thereof, to`ether with a receppt toe the premium of such naawai; sad fiesta shall ba ao such War -
ance placed on any o satd bulidines, say tabr«t nln or part thnpt. udesa is the form sad with tie loan
ppaayable as aforesatd: and la tie event say sum of money becomes payable under audt poLcy os polldsa said
Mortsasee shall have the option to rentw sad apply the same oa aceottat of tM ladebtedaeaa sectored bsnby oar
to pet•rrtit said ktort~or to receive and use it or any part thereof for other purpow without thereby veal
or tmpalrlns any equity, lien or risht under or by virtue of thin eesortsase: sad fn th• ivnt said r shall
for say reason fail to keep the said premtaw so Utsttred, os tall to dW~er pta+omptl say of add po cfea o!
tnsurann to said blortsasee. or fall promptly to pay fully say ptardum therefor. oe fa say respect !aq to pe`
form, dlacharse, execute, e[fect. eomplet., compir Mth and abide by t1W oo~~aaat. or say part hsrwt, Bald Morts•
asee may plan and pay for such teuuraace or say part thereof without w~ai~tas or aKactlns say option. ilea.
bpi Iltr
mediately due Band payyabie uand shall bws~fabreet tcom tie date thereof uatll~ ~ry payment shall
aatum per annum sad tosather with such fataseat shall bs secured by the ilea at rate o! tea par
L To permit, commit or suKes afro waster taipairmsat or deteriof+atlaa o! said property or aer<y part tMe+so~
Ei. 1b pay ail sad ste~ular tea oats„ obar>tas sad expenses, ladnditts reasoaabb Lwyer'a fans an4 coat of
abatn?cts of utle, incurred or paid at say ttma by said ][ortdadw bacsws sad/or 1s the want at firs tWura
on the part of the mod ir[orttasor to duly. promptly sad fully 0~ ~P~
comply with sad abide by eeaacchh sad every the Wpalatiotns. ase+waeats? eoaditioas sett ao~srtsats at said peotatis-
spry emote. sad this wort:ate say or dtbas. sad said costal cbarses sad •s~aasss~ aaod sad aTary. shall bs tm-
aatedtstely dw sad payable. whether a nos t>ssra ba aotitM daaraad? to collect or snit .sad tea
fun amowtt of each sad every arch payatsnt shall sear iatatrast teoes tltsnot darn d at • ran of
ten per nntum per annum: sad all said ~oosts? ehass.s sad sspsasss a0 laatrrd of pai4 tosat5at wltis such in•
breat. shah la secteer4 by the lies of this moetsa`s.
$0340 ~~~E 55 .
_ v_