Loading...
HomeMy WebLinkAbout0099 ~0 ~ ~ lh• aattt•. top•that wtth th• Nna»•nta. haR+adltarttnta end 4rPu?t•- nanc•a th•r+tto 6elonpinp, and th• twtb, taatt« and proftta th.~.aj. unto tlt• Y«• ~ f~• a~"'Pl•. th• tnwtpapor cownartta with th• trwrtpop« that tht ttsurtpopor b (nd•Jwi6hr aMs•d of acid land in J« aitttpt•: that tlt• ntort~sQor ha tl~ tteht and lawful autho.ttp to cotttrr aatd tend e, aJ•~a• said: that tlt• nto.egofio. wtU wtn~• such Jurth.. aaurorte•a to pae%ct th• aiwtpl• tilt. to aetd tend in th• that tlt• tno?tQapor h•t~.6r JuUr worr+srtta tlt• till. to aoid tend ttto.tpao« as tt+ar nasonobh 6• r'e4ui+'~: and will dsj•nd th• aant• apairtat ttt• ~?1~ `fie axes acpc uing sub quen~ o Decetnb~er~ 31 ~ and ct•or of all •ncunttrnenc« except rhos _ 1979. 1 - t Sys, that iJ aaid rnortgtsgor shall par unto ,aid etwrt9aw!• ttt• rwtain protnta- spry not. hersinajter su6atarstiaUr copied or identified. to-wit: MOwtGAOE 1VOTt t1AMC0 ~OnM 6>t Battle Creek Michigan s 2 5 , 000.00 .~ovtx<rac~t _ September 15 ~ 19 80 FOR VALUE RECEIVED, the undersigned, (jointly and severally, if more than one) promises to pay to EDNARD G. TOZER and EILEEN H. TOZER, his wife . or order, is the manner hereinafter specified, ~ the principal sum of TWENTY-FIVE THOUSAND DOLLARS AND NO/100------------------------ /100 DOLLARS (i 25,OOO.OO) with interast from date at the rate of 12 per cent. per annum on the balance from time to time remaining unpaid. The said principal and interest shall be payable in lawful money of the United Stasis of America at 114 $t. Lucie Lane, Stuart, F1 on da 33494 or 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: ~ Both principal and interest due and payable in Thirty-Six (36) equal monthly installments of X556.11 beginning November 10, 1980, and monthly thereafter up to and including September 10, 1983. On October 10, 1983 the remaining principal balance of X12,369.80 plus interest will become due and payable. The makers reserve the right of prepayment at any time without penalty. Thu note with interest is secured by a mortgage on real estate. of even date herewith. made by the maker hereof in favor of the uid payee, and shall be construed and enforced according to the laws of the State of Fbrida. i If default be made in the payment of any of the sums or interdt mentioned herein or in uid mortgage, or in the performance of j any of the agreements contained herein or in uid mortgage, then the entire principal sum and accrued interest sball at the option of the holder hereof become at once due and collecubk without notice, time being oI the essence; and said principal sum and accrued interest i shall both bear interest from such time until paid at the highest rate allowable under the laws of the State of Fbrida. Failure to exercise this option shall not constitute a waiver o[ the right to exercise the same in the event of any subsequent default. ' Each person !'cable hereon whether maker or endorser, htreby waives presentment, protest, notice notice of protest and notice of dis• honor and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brought or not, i~, after maturity of this note or default - hereunder, or under uid mortgage, counsel shall be empbyed to collect this note or to protect the security of said mortgage. Whenever used herein the terms "holder". "maker" and "payee" shall be construed in the singular or plural as the context mar require a admit. Mattr's Address /s/ STACEY WHITE ................................••----.......---(SEAL) - -sTACEY..wHrTE # /s/ JOYCE WHITE .(SEAL) ! 4971 Little Long Lake -30YCE--IIHITE...---.....0 ........13~t.tl.t:...G1;~lels...~tish~g~.[?.------.....49017 .......--~~-•p)j(~.........~{ .........--(SEAL) r _ r