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~rDUt~p~1 iljlUtlJB, tlrat if s~id .At~~rt~sa~or s/tull paf t~itto th~• sui~l. .~lfort~,s~~~Fe I
the certain pruntissory note~, uj' rr/~tc% tlce J'ullur~•ii~~ i~i u~urcls un~l Ji~~cres i~ ~c trt~e cupJ,
to wit: I
~ SEMINOLE FORM )i
,~ N..e. H~ i..w~H: iw~abf ~. .. ... ,.s~r~~v. ~•eee.• ~..,.._ . . ._' '~-' "_ • . ._' '__' '_. __'_ '_" _ .. . ____ ___ -_ _
' ------- l~l or~~~~~ ~lt :~/o~c: ; ~
~'t . Pierce F~o~~d~ December~ ~ 19 80
~ S 7, 000 . 00 . ._.. .
~ i;
i iCR VA:UE RECEr,:J n.c .. ~: ~•rs :,^ ,^•om•sr~ ~c aav ro Nw w~~r of i
~~ FREDDY G. ANDERSON and ALIGE L. ANDERSON . hi.s wi f~ ,_ ... .
; .. . oou~.s
Seven Thousand and no/100---------------------""""'""--"
I ~~a a..~~:~p,~ ;_T. a~ .. _ ., . _ . ...
~, ,, ;,;., ,,:~.~ ~,om th~ dat~ _of . the, _execution _hereof .
toyal-er w~+~+ inlerssi Ih.>•eon al eha ~a~e oi 10 D~
~ ,.~~ ~ nai..:dY. Doeh pr~nc.pa~ ana r!e~es+ De~~~ oa/3` r~n lawful hlr~ey ~f th~ Umte.~ Sta'es. suth p.inapal sum and int~r~st pay~bl~ io instsllmeMS as fotlows:
~ In constant monthly installments o~rincipal and accrued interest in the ~
! amount of $92.51 payable on t e ~ day of each and every month hereafter ~
; with the first such installrn~it due on January ~/, 1981. ntire~remainin
a ments shall continue 1 December ~, 1985 when the e
I principal balance due ~er c~ith all accrued interest shall be due and
, payable in full in one p sum•
~ p .
! This note may be prepaid at any time without penalty.
~ S~ch installmeM paymeo~s s-.all be appl:sd first to tM in~~.~st accfu~ny u~de- ~he ~~.ms d this not~ and then to ~ nduction d ~M prindpsl ind~bt~dn~s~. ,
TM mak~rs and ~ndace~: ol this nots fwther eirte ~o waiw demand, not~ce d non•paymsnt and prd~st, snd io fM ~v~M w~t sh~ll b~ brou9h~ 1or ~M i
cotlec~~on Mreof. w tM san» hss to M colled~d upon demand d sn atloreey. lo p~Y rsssonsbl~ anorn~y's fws for aukin9 such cdbction. All p~ym~nts Mrr ~
~~de. sh~ll beu inter~st sl th~ ~ate ol ... I.Z...pe~cent psr annum trom Taturity until p~id. This noM is seca~d br s a~ort~s~ d~vM d~1~ Mnwith and is ~o
oe construe~ and Mfaeed sccad~~~9 10 ~F~ laws d Iha S1als o~ florida; u~on d~huh in th~ p~y~nl of princip~l sndla i^f~ns1 wMn dw, fht whob sum ol
~ :-,nrP~ and i~:erest ramam~ny unpa~d sha11. at tne oD~~on oi the holdors, oecom~ imm~d~at~ly due snd psY~~. hilur~ fe ~~~tcif~ Ihit optan shsll not toeslau-e I
' ~ w.:~ve~ ol ~e ~Ot,~lq,~exrr~ ~~ e s:;r~ ~:• ih}qrenl of wbS~Qu°nt de~~ult.
~ ~, .ft.m iy4 1..J1'• ~ ,SEAU r
, +~ „T • _~ T,~_a
I '%f~]b~~ ~~ . 1\VM .. ... . .......... ... .
, i MARSHALL BRENT WADDELL sE~~~ '
Ft . Pierce, FL _ 33450 . ... ... ......... ....._.._....... ...... ......... . ;
i . .. .. _ . ...... .
' .. . ..... __ ~sEAU
_ _ . . ..__ . .... . ...... .
~ -
~- •~.ti o~her ;,iace ~~ s-~a:~ t~ BRUCE A. KOEBE `
~es ~nated bY ~`b -.u~der of ~hn ~
.. . . ... _ . lSEA~• -
'~ -.ote m wr~t~na. _.. .__ ........... . . .... . ... ....._.. . .
a~rd shall Jierj~~nr, c•~~n~1,lry t~•ith ~ri~cl ~~l.i~lc hJ ~,tcl~ cnrd er~erJ tlre slipttlations,
a~reements, co~:diiiniis and cot~cnants of saicl pronrissorJ note an~l of tl~is deed, the~t
this d.ecd and tlce estute hei•eLJ created shall ceuse ancl Le n-~ll an~l r~otd.
.t~ttl' the said ~ltort~ag'~r hereby cuvenants and a~rees:
_1. To /~ny nll nnr~ si~.~t~l~lr t)t~ prinri/~al ~t~zil int~r~ct un~! nthrr sr~ms ~~/' moneJ
p~1Jable hi~ t•irtue uj sni,l ~,rv~miss~-rr~ nnt~ nn~/ this d~~~•d. ~~r ~ith~~r, ~,rniupllry ~~~~ the
d~ir~s ~espe~tir~el~ t.)re sam~~ se~•~rally coi~~~ ~IuP.
z.'_ Ti, J~~J ~lt ~r~~~l ain6r~l~rr thc ~~1x~~s, uss~s~m~~nls. lcr•i~•~, li~~hiliti~•., „h/i~ut.i~~ns
rrii~l enc~cnthraitces ~-~ ~~i•erJ ~~~it ur~~ nn sai~! ~I~~.~•ribed prop~~rt J eu••h a~~~l er~•rry, and
if the sam,e be not promptlJ paul the said rlfortgagee maJ at anJ ti.m.e pa.J tke sam.e
without tcuiving or a~ectin~ tlre option to foreclose or any ri~ht hereiurder, ancl ei•errJ
payme~tt so made sizall bea.r interest from the dute thereof at the rate of twelve
per cent. per annum. .
.S. 7'o pay all and sin~ular the cu,ts, clc~~r6r~Y nn~! ~~xT~~»>e., in~•lu.~lin~ latcJcr'c
fees, reasonubly incurred or paid at any time by said Jlfortg'agee Lecar~se of the failrcre
on the part r~f tlae said ~lortg'agor to perform, eomplJ rrith u~r~! ~hi~le hy ecrch a~ad
everJ tlie stipulations, a~reements, condittons and cor•ena~rts of sai~l J~r~mtssorJ nofe
and this deed, or either, and every such paymer~t shall Lear i~aterest from date ctt the
rate of twelve per cent. per a~anuna.
4- T~~ kePn t1:E- httilding n~-u~ nr /if•reu/'l~r nn sur~/ lunJ i~~s~irr~! ii~ ~t s~in- nnt
lf;ss tf:u~r Maximum insurable value
U.-llurs, in « ~•um,pu-rr~ ~,r ~•nnr.p~ini.•c t~~
be approved b~ said .Afort~a~ee, and the policJ or polieies held .hJ and par~able to sai~t
.~lforlgagee, aicrl i~z the erent any srcm of mon~J becomes pa~nblP urcder such ~~olicy or
poliei.es, the ~~fort~a~ee shall have the oplion to reeeive and upply the same on uceount
of the ind.ebtedness herebrj secured or to permrt the afortgtt~or to receiL~ and use it, or
ctn.J part tlrereoJ; for ot/tc~r purposes, wi;hoiet thrreby reatving or inipairin~ anJ eqtcity
lien or ri~ht under or bJ virtue of this mortga~e, and nt2y place and ~ia~ for s«ch
insr~rance or any part Lhereof, withorct u•aciving or aJj}'ecting the optio~r to fureclo~e ~~r
any righ.t hereunder, and each and every such pctyment s/tall bear interesl frona date
at the rutc of twelve per cent. per annum.
~ ~ ~ e+~c3~5 Pu~ 443
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