HomeMy WebLinkAbout0272AMOUNT LOCATION OATE
S ~,,,OOO.OA ~t, Pierce ~ Florida Deeem
FOR VALUE RECEIVEU, the undersigned, (join;ly and seve~ally, if more than one) promises to pdy to
Anthony S. Dolozik and In~ogene R. Dolozik, his wife '
5311 Sunshine State Parkway Feeder Road Fort Pierce, Florida 33450
or order. in the manner hereinafte~ specitied, the principal swn of .
Three Thousand~ and No/100 ------------------------------------------ ~g 3,000.00~
With inte~est f~om date at the rate of 12~ 500d~er cent, uer annum on ihe balance irom time to time remaining unpaid. The said principal
and interest shall be payable in lawful money of the United States of America at Ft. Pierce~ F'lorida
or at such place as may hereafter be designated by written notice from the holder to ti~e maker he~eof, on the date and in the manner tollowing:
Principal and interest is payable Monthly in equal installments as folloWS: Beginning
on January 19, 1980, the sum of ~ 67.50, and the same amount on the same day of each
month, in each year thereafter, until the entire
principal sum of ~3000.00 together With interest, as herein pr~vided, has been paid
in full.
All payments are to be applied first to interest at the rate specified herein upon the
principal swn of Z3000.00, or so much thereof~ as may from time to time remain unpaid
and the balance of each payment shall be applied to principal.
This note is prepayable in Whole or in part at any time Without penalty.
This note with interest is secured by a mo~tgage on ~eai estate, of ~ven ciate herewith, macle by the maker he~eof in favor of the
said payee, and shall be construed and enforced according to the laws o( the State of Florida The terms of said mortgage
are by this refere~ce made a part hereof.
If default be made in the payment of any of the sums or interest me~tioned herein or in said mortgage, or in the perfwmance
of any of the agreements contained herein or in said mortgage, then the entire princi~~al sum and accrued interest shall at the option of the
h~lder he~eof become at once due and collectible without notice, time being of the essence; and said pnncipal sum and acc-ued interest shall
both bear interest from wch time until paid at the highest rate allowable under ti~e laws of the State of Florida Failure
to exercice this option shall not constitute a waive~ of the right to exercise the same i~ the event of a~y s~bsequent default.
Each person liable hereon whether maker or endorser, hereby wai~es presentment, protest, notice, notice of protest and notice
of dishonor and agrees to pay all cosu, includi~g a reasonable attorney's fee, wheLher suit be brought or not, if, after maturity of this note
or default hereunde~, or under said mortgage, counsel shall be employed to collect this note or to protect the security of said mortgage.
Wherever used here in the terms 'holder', 'maker' and 'payee' shall be construed in the singular or plural as the context may
require or admit.
MAKER'S ADDRESS
Q Thomas M. Nhite, Jr. Q
W W
Vl N
Ruth E. White
AND the mortgagor hereby further covenant~ :~nd agrees tu pa~• promptly when due the prin-
cipal and interest and uther sums of money pruvided f~r in said note and this mortgage, or either;
to pa~• all and singular the taxes, assessments, levie~. IiaLilities, obligdtions and encumbrances of
ever~• nature un said pruperty; to permit, commit ur suffer no ~caste, impairment or deterioration
of said land or the im~-ro~ements thereon at an~• time; tu keep the Luildings now or hereafter on
~aid land fully insured in a sum of not less than its full insurable ~~alue, but in no event lea~ than the
amuunt secured Ly this mortgage, in a cumpany ur companies acceptable to the mortgagee. the pol-
ic3~ or policies to be held by, and payable to: said mortgagee, and in the e~~ent an~• sum of mone~-
becomes pa~•able b~ virtue of such insurance the mortgxgee shall have the right to recei~e and ap-
ply the same to the indebtedness hereb~ secured. accounting to the murtgagor for an~~ surplus; to
pay all costs~ charges. and expenses, including la~+•~•er's fees and title sexrches, reasonaUl~ incurred
or paid by the mortgagee because of the failure uf the mortgagor to ~iromptl~• and full~• compl~•
with the agreements. stipulations. conditiuns and coven:tnts of said note ancl this mortgage. or
either; in the e~~ent the mortgagor fails to pa~• ~+~hrn due .~n~• tax, a~.~ek~ment, inxurance premium or
other sum of money pa~•able by virtue of saicl note and this mortgage, or either, the mortgagee ma}•
pay the same. without H~aiving or affecting the o~-tion to foreclose or an~• other right hereunder. and
all such paymen~4 shall bear interest from date thereof at the highest lawful rate then allo~ved b}-
the la~vs of the State of Florida.
IF any sum of moneS herein referred to Uc not promptl~- paid within thirty da~~s next after
the same becomes due. or if each and ever~ the agreements, sti~~ulations, conditions and covenant~~
of said note and this mortgage. or either, are not fully ~~crfurmed. complicd ~ti~ith and abided b~•.
then the entire sum mentioned in said note, and t his mortgage, or the entire balance unpaid there-
on, shall forth«ith or thereafter, at the option of the mortgagee, become and be due and pa~•able,
anything in said note or herein to the contr~r}~ nnt~~•ithstanding. Failure b~~ the mortgagee to exer-
cise an~• of the right4 or options herein providecl ~ hall n~t constitute a~vaiver of an~~ rights or op-
tions under said note or this mortgage accrued or therc~aifter accruing.
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~~345 P,~E 27~.
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