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HomeMy WebLinkAbout1108n,10RTGAGE NOTE AtitOUNT LOCATION -~ DATE 6.~OO.OQ ~t. Pier~e. Florida De~ember 12, 1980 FOR VALUE RECEIVEO, the undersi9ned, (jointly and severally, if more than one) p~omis+es to pay to Antonio Barbieri 3263 Ryanal Road Mis~sissay~,a, Qzta~rio. C~ada IkY 3C2 or order, in the manner hereinaher specifisd, e p~inci al sum of Six Thousand, and No/100 --•----------------------------------------- ~S 6,000.00~ t"~~th interest irom dat~ at ths nte of 12~ 0000 p~r pnt, per annum on the b~lana from tim~ to tim~ nm~inin~ unp~id. Th~ s~id pri~cip~l and i~~terest shall be payable in t~wful money of the United States of America at Ft. Pierce, Florida or at such place as may hereafter be designateci by written ~otice from the holde~ to the maker hereof, on the date and in the manne~ followinp: Principal a~d interest is payable Monthly in equal 3nstallments as follows: Beginning on December 20, 1980~ the sute oP # 133•47, and the same amount on ths.same day of each month, in each year thereafter, until the entire ~ prin~ipal sum of s6000.00 together With interest, as herein provided, has been paid in full. All payments are to be applied first to int est at the rate specified herein upon the principal sum of ~6000.00, or so much thee~~ as may from t3me to time remain unpaid and the balance oP each payment shall ~~ i to principal. 'i This note ia prepayable in whole ;~;par~ at any time aithout penalty. ~'~: ~ : '~.., ~ ~V .~~f r This note with interest is secured by a mortgage on reat estate, of even date herewith, made by the maker hereof in favor of the ..: d oayee, and shall be construed and enforced according to the laws of the State of Florida The terms of said mortgage are by th~s reference ma.fe a part ha:eof. If dafault be made in !he payment of any of the sums or interest mentioned herein or in said mortgage, or in the performance e` a:~y of the agreements contained here~n or i~ said mortgage, then the entire p-incipal sum and accrued interest shall at the option of the hoider hereof bacome at once due and collectibte without notice, time being of the essence; and said principal sum and aocrued interest shall both bear interest from wch time until paid at the highest rate allowable under the laws of the State of Florid3 ~ Failure co exerciu this option shall ~ot constitute a waive~ of the right to exercise the same in the event of any s~bsequent default. Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice of dishonor and agrees to pay all costs, including a reasonable attorney's fee, whether suit be brou9ht or not, if, after maturity of this note or default hereunder, 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 const~ued in the singular or plural as the context may require or admit. MAKER'S ADDRESS ,~„~~t..~ ~ , . W Wilson C. ililliams Q y W H AND the morigagor hereby further covenanls and agrees tu pay promptly when due the prin- cipal and interest and other sums of money provided for in said note and this mortgage, or either; to pa~• all and singular the taxes. assessments, levie:~, liabilities, obligations and eneumbrances of every nature on said property ; to perm:t, commit ur sufier no ~saste, impairment or deterioration uf said land or the improvements thereon at any time; to keep the buildings now or hereafter on ~aid land fully insured in a sum of not less than its full insurable value, but in no event less than the amuunt secured by this mc~rtgage, in a compuny or com{~anies acceptable to the mortgagee, the pol- icy or policies to Le held by, and payable to. said mortgagee, and in the event any sum of mone~- becomes payable by virtue of such insurance the mortgagee shall ha~~e the right to receive and ap- ply the same to the indebtedness hereb3• secured. ~iccounting to the mortgagor for ant surplus; to ~,ay all costs. charges, and expenses, including !a«~•er's fees and title searches, reasonaUly incurred or paid by the mortgagee because of the failure uf the mortgagor to promptl~• and fully comply with the agreements. xtipulations. cunditions and coven:~nt~~c of said note and this mortgage. or either; in the e~ent th~• mortgagor fails to pa~~ ~+~h~_n clue au~y tax, x~.~e~.~ment, insurance premium or other sum of money pa~~able by virtue of saici note and this mortgage, or either, the mortgagee ma~ pay the same, without H aiving or affecting the ot-tion to foreclose or anv uther right hereunder, and all such payment~4 shall bear interest from date thcreof at thc highest la~+~ful rate then allow•eci b~ the laws of the State of Florida. IF an~ sum of money herein refcrred to be not promptl~• paid K ithin thirty days next after the same becomes due, or if each and every the agreements, stipulations. conditions and covenant~g of said note and this mortgage, or either, are not fuliy~ ~~erfurmed. complied «ith and abided by. then the entire aum mentioned in said note. and t his mortgage, or the entire balance unpaid there- on, shall fotthw ith or thereafter, at the option of t he mortgagee, become and be due and pa~ able. anything in said note or herein to the contrar~ n~,t~sithstanding. Failure by the mortgagee to exer- cise any of the rights or options herein provideci ~ hall not constitute a waiver of an~ righ~g or op- tions under said note or this mortgage accrued or therrafter accruing. BOOK~~ PAGE~W . ~ . ~~ , _ _ __~ .~~ -~.~;:. -,.`~:~,_.~. , _. - - _ ~.