HomeMy WebLinkAbout0969J• f
• _. - !t -
~ruuidrd ttllUU~a, tlfat if saizl .~ltortga~sor s/tall lxty unto tht~ .said. ,~ilort~'agr•e
the certain promissory note, u/' whtch the fulluzrin~ in wornds and jt~ures is a true copy,
to wit:
:12~ ~IID...DQ ....................._............ ...... Fort Pierce (~.rida......~ ..... X9.80
........
... ... ................ .........
_..... .
is rK~ dtCENEO MN urtdarsipsad promises ro pay ro Iha ader d
NEIIAAA~...TQ4?~...&_-.DIE....CO.-_, A,_.Nevada..Corporation
........ .....t ..~.--. _...... .. ...... .. ..
.he pincipa) ~,., d..TyJ~lve Thousand Five Hundred and no,(100- ....pollars ~s l2_~ 500.00---~
together with inlerast Mereon fraw dal.. at the raN d..#~?~~...(.1....~..-.-,-.-,psx cvN. pw...d1111L1IR._ .. ..., ,._ ,.,,,until matwily. Ku~aiiaEtzc
~614i~(iYrYb~i..................._ ................X~IXrK........ ?fdi~Kd[.
........ ...... ...................................._ ........_ . 76~........ _ . _.. _.... .. .. .. .. ..
~~(~~; bah principal and interest being payabA in lawful asoney d IM United Slates a its equivalent, al addre.SS Q~ _payeE: ..
.. ........................ ...sad pnncpil sum to bs
.. .... ...... ... . ...... ................. payable on Ilse dates and in the amounts specdied below, lo•wd:
This note is made payable in five (5) equal annual principal installments
plus simple interest on the unpaid principal balance at~thirteen percent
(13$) per annum. The first principal payment plus interest is due one (1)
year from date.
Each installment first shall be applied in payment of the interest and then
on the unpaid balance of the principal sum.
This note may be prepaid in whole or in part at any time without penalty.
Each ~na-er and endorser severdh waives demand, prWest and mice d maturity, nonpaynseM or proleat and ant requiremaMs necessary ro hold each d
them 4abk as aw-ers and endorsers.
Each awls and ersdorser further agrees, jointly and severally, to pay all costs d cdlection, including a reasonable atta'neys fee in ate tM principal of
rhos nose or any paymeru on tM principal a any interest Thereon is na pad at the nspediw maturity Ihereol or in case it becomes rsacessary ro protau the
s• cuniy hereof. whether suit be brought a not.
this nee and deferred interest payments shall bear interest at the rate d..'-13,-.--.'per pN, per arwwm Mesa maturity until paid.
Thrs naa is secured by a seeond...mwtgape eleven dale herewith and is to be construed and ant«ced according to sM laws d the 51ah d Florida;
uDOn default#in the payment d principal andla interest dw on any nose second by said Mortgage, ad notes so secured and rensairsing unpaid shad forthwith
b~-:«ae dur and payable notwilhslandisg thw tenor.
* and said .default...c~canzi.nues...for .............. . . ... ....._ .....-----....._............ _ ~s.an
30 days Bernie Thames " -"~"' ~ -'~"~'-"' ~- ~-
................................._....._..._.---------• -•-- ......-.._......._.._..._----........_......-•-~-•--- --_................ ............... _ (seal)
and shalt perli~tnt, r•r•~ntph! with aF1d ahic/c by e~tclf cnfd ef•ery the stipulations,
agreements, conditions and covenants of said promissory note and of this deed, then
this deed and the estate hereby created slfall cease a~zd Le null and toid.
.c~q~1 the said .,~Iortgugor hereby covenants and a-grees:
.1. Tu pay all and singular thr prinripnl atld int c~rr•st nn~l ath~r s1t»ts n/' ntoneil
parlaLle hi! t•irtue ~~f sai.l l,r+-~niss~,rq »nl~ lFnrl this dc•rd, nr Pithrr, prr~tt/l~tlrl r.rt tlz~•
daJs respe~tir•e!y tlfe some, sef•erulhl ~•o»ze dttc•.
~'. Tn pail all ut~d sirtrsltlar the ta.rc•s, assessnt~•nts, !rf•iPS, liahilitic•s, .-l~li6ations
cold en.cumhrances u~ cf•errJ nalur-e ~~n said dc•sc•ril~ed pmpc•rly ea••h attc! et•c•ry, and
if the same be not promptly pain the said J1Tortgagee may at any time pay the same
without faai.ving or ~i/j'ecting the option. to foreclose or any right herezczztler, aizd every
pay~nettt so made shall Lear interest from the date thereof at the rate of thirteen (13)
per cent. per annum.
~. ~'o pay atl and singular the costs, charges and c~xpz•ttses. irrr•lruling lawyer's
fees, reasonably incurred or paid at any time by said ,Afortgagee because of the failure
on the part of the said .Afortgagor to perform, comply with. aced abide by each. and
every the stil~rclations, agreements, conditions and covenants of said promissory note
and this deed, .or either, and every srcclt payment shall Lear i~aterest from date at flee
rate of thirteen(13)per cent. per annum.
4. Ta k:e~p the httildin6 n~-u• nr h~•rr'after nn said land ittsarrd in a soul -fut
less l /can its highest insurable valuE~----- -
-U~~llczrs, in a ~~,ntpanrl nr wmfpani~s t~~
be approved by said .Ziortgagee, and the policy or policies held by and payable to said
,~Ifortgctgee, and in the Brent any suet of znonoy becomes payable tender such. policy or
policies, the ,Mortgagee shall have the option to receive and apply the saute on account
of the indebtedness hereblj seezcred or to permit the .Jbiortgagor to receive anal use it, or
any part t/eerFOf; for other purposes, without thereby uaivin~' or impairing any equity
lien or right under or by virtue of this mortgage, and Wray placce and Ixr y far such
inslcrance or any part thereof, rvithorct waiving or affecting the optiozt to foreclose or
a~zy right hereunder, and each and every such payment shall bear interest front date
at the rote of thirteen (131per cent. per annum.
BC~344 P~ ~