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HomeMy WebLinkAbout2013~: 45~000.•.QQ............».._... 8TUART. Florid~. .. ... UCCCII~@T s' RO ........................................ 1f.. ...... .. ~ FOR YJILUE AECEIV~D. th~ uad~~siyned. jointlr and ie~~rallr. PROMISE TO PAY fo !A~ ocd~~ of ....... ...... ....... .... .. ~ _ li1l4VARD. J.....RAYA . .. . . ..... ..... . ... ; . . .... ......... . .. . - ~ r~~-t~tvr: ~nKx,s , ~ r.x~l..~AO--~----~--~-~--~-~-- .. ............. ..... ........................ .......................... . ............................ .... .. ......................!w(...l.Wl.... ...... ................ -.--------- --------- .. .. . ... - .. ............ .-.- -.-.- -.-., -.-.- - - - - ~ ...---. , LAA8 at _ ............ .. ............................................................... .. . ...... ......... .. ................ .... .......... ... tuCA of ~t a • • o ~ •• ot b pl c~ s th h Ide: hereot mq d~aignat~ in writipq, toqeth~r with inter~sf froin d~i~ •f the r~te ot . 1.~~ ~ per eentum per •nrtum on th~ unp~id balant~ untll matu~lt~. Th~ ~~id pdadp~l ~ad inter~st ~haU b~ due ~nd parable as tollows: ~ Tn three (3) equal vinual installments of l~teen 1'housand (s15,000.00) Ibllars of the principal p1uS interest then due on thc S- day of l~cember, heginnin~ Ucceml~cr $ 1981, ancl ~continuin~ cach ycar thcrea~ter ~mtil ~the princiPal and intemst are fully paid. ~ T1ie m<<ker rn~~y Prep~y any rart or all of the tmpaid nrincipal ~aiihout penalty on or after '•lanuary 1, 1~J81, provided, however, any partial prepayment shall not scr~-e to extend the ~ elue date of the next ensuin~ installmcnt(s) of the principal. 1'rior to rlarch 21, 1981, rl~e makcr sl~all ha~~c the ri~ht to ~atisfy ttiis Iwte ancl thc 1'~irchase I~bney Abrt~a~e ~ sccuring it in ~full by paymcnt of thc cash s~m of 7liirty-threc T1~ousancl (S:i3,000.00) Ibllar ~ I~l~~.s interest accnied thereon at the rate stated al~ove from the date of this Note to the ~ c~ate of such pavment. 11 d~l~ult b w~~A~ IM .~~ .~~~ in 1\e pa~rwewt el ~n~ Iwst~llw~enl sf Prlwklp~l or {nte-e~t K~w~ N-t t\ereel, IAt ~hele ~uw 1\ew rem~iwlw~ u~p~ia ~ril! Inletest ~Aall ~t 6sldei ~ eoli~u becen~t dw ~w~ pa~ablt oitAoul policr. Failure lo e:erci~~ ~u~a ~ptiou ~Ad) oet cowslit~le~A gwai~« ~1 th~ rl~hl Ie e=e-cis~ lhe suwe Iw tM t~~w1 0l •u6seqwst Jelaull. Aller ~waturilr bol- Priwcip~i a~d ~ccrued inlere~~ ~Aall 6rar iwl~resl •t 1,11 0. Kr centum y~. ~~nus unlil Pair. T6e w~aker• ~~A ew~er~ers ~1 tAif note Irrther ~~ive desand, wotice of won-Mra~t~t •n~ pole~t. (f t\i• w~te i~ aet ~ai~ ~f m~turilr an~ 1\e •a~e 1• ~laced wilA u~ atl~rw~~ I~r cellect' ,!Ae n~aker~ •n+ ewdent~~ Aere~l a=re~ te Nr all ce~t• el collec~iew. iu~ludiws all ce~r~ cost• ~w/ ~~M~-b ~It~tf Ite~. / / 1 . . .. ................ , -~ ~- . .................---. ........... . S ._ .. .ISEALI "~rTiI'I'iam~~IT:"~{~atson, as 1 rustee ~~ ~- • ..... ....................•--•................... ................................--•--...............- --......_....~~Z.~ and sL.~U ~lul~, ~~ru~n~Nty a~uf (ull? ~~c~iu~m..liKh.~r~c, czc~ul~•. c11~~t. cow~~lctc. ~nu~~~ly ~cuA au~l aiu~lc i~~ Ca~h and cvtrr tbe Sti~~ulaliou~, agrcrn~rutc, umdiunnc :~n~l cu~ruautt ~~f ~.~iJ ~~romiswry uotc ~ud o~ tlus n~o~~gi~;c. lhcu tb~a mortg~ge anti du estate hcrcby tna~ed sliall cra~e au~l bc null a~~d voiJ. " - It ~s undcrctood th:u c:uh nI ~hc wotilc, ••n~N~,•• ••mor~~aGm" :u~d "nu~rt~a~;cc" tc~~~r~ti~cl~ iu~l tbc ~~~.-nouns rc(crriu~ tlicrctn, v+hctl~cr in N~c ~~n~ular ~~r ~~lu~:~l :+n~wl~c~c iu tlu~ tnur~~;.~y;c. ~hall bc ~u~~;ul.~~ if n~ir uul~ .~~~J ah.~ll I~c ~~lurat ~~~iutly and scvcrally. if mnrr tl~au ~~uc. :iu~l ~L:~II I~c miKUliuc. (~•m~uinc au~l; t-r ncu~cr. w•brrcrt•r ~Lc ioutc~t sn ~mj~lict or admita. AuJ ~itl Al~~n~.i~;nr (~~r I~itucclf an~l hit hci~c, Ic~;al n~~~tc•.cntali~rc. wi~c~svrs and at+i~;~it. 1~CreL~• tu~•euant+ anJ agrtcs to and with saiJ ~lorigagcc, his Ic~;~l represcuutives, succeasors aucl ac~~~;ns: 1. "1'n ~~ay all aud cin~uL~r t6~• p~iuii~~:~l :u~d iiucrc~t :uul ~hc v~ri~-us aud au~ul~~ w~n. nf innnrj ~,.i1.~Llc i~~• tir~uc o[ said promissory uotc, and this ~nort~;.~y;c, cach aud c~ery. ~irun~ptlq ou tl-c d~ys rc~peaivcl~ il~c »mc scvcraUr Ixcome due. 2. 'l~o ~-ay all aud ciny~ul:ir tli~ I:~re~, ~.~ct~nte•~~te. Itvicc. liiLiliuce. r~liG~;:~~iunc .uul ~n~u~ub~~nccs ~~f ~~i•n• n:~turc aud kind now on c~id ~Ic.iribcJ ~~n~pcrl~•..~~~dlnr lhat hcrCaflcr nL~y IM im~N~~c~l. .u(f~~~~~1. ~~Lu~d. Ic~~c~l ~~r .~.~c~ud thcn•u~~on, an~lJor ~hat hc~ca(~cr ma)• br Ica~icd or a•vcud u~~on Ihia ~n~~rt~;.~~c .~ntl;•~r th~• iu~lcbi~ ~liir.~ ~~•~urcil h~tcl~~. cach an~l ~•tcr). wl~cn duc and ~~ayal-Ic attordin~; u~ I.~w, hclntc th~y bct~~m~ ~Iclu~~~ucn~, .u~~l Lr(.~r~• .~u~ iui~ ii.~ .~ti.uhca ~~r .u~~ ~~c~~.~lty is incurrcd: and ~n co Lir a~ ~ny thc~c~~f n u( ~crn~d tht ~:~mc sh.~ll I~e ~-i~un~~th cu~~(i~•~I a~~~! ~I~•~I~.uy;~~~l ~~I ic~ur~l .u~~1 tht ~-~. i~i~~il o((ici:~l ~lucwnc~~t (~uth a.. (nr i~~cl:uuc. thc 1.~~ r~•rC~~~t ~-r N~c u~li~l.~~ u:~n ~~.~~~i•r nllu ~.~I1~ cn~lnn~~l o~ tc~ u(~~d~ ~4all be (~IacC~l in il~c I~an~la o( ..u~l \I~•r~~; ~~;re ~vilhin tcn ~la~~ ~~cxt :~(li•r ~~.~~uu•i~t: :~~~d ~n tlir ~•t~:~t Ih.~t .~~~~ tLrn•n~ i~ u~~t ~n Paid. cati~(icd au~l divt~~~~;c~l. ~.utl \I~~r~~:~y;cc ~n.~y' :~t iny titnc ~~:~~ ~l~c ~.uii~ ~.r .u~ti ~~.~r~ ~h~•~c~~l M~+I~nut ~..~i~i~~; ur .~I(crt- in~ auy o~-tinu. licn. c~~uity~ or n~;ht ~u~~lcr ur by v~t~uc o( Ihia tonrt~;.~~;c. r~~d ~Lc luli :~tununt ~.! ~•ach .~~~~1 c~c~y ~uch ~~av- mcut cl~:-1) bc imiucdi:itcl}• ~iuc .~u~l ~~.iy.~Lt~• :~n~l .liall Lr.~r int~•rc.t f~~nn ~hc Q.~tc ~i~rtc~,( ui;t~l ~~aiJ .~t ~IiC r~tC o( ~cn ~~cr ctntum prr annum a~~d to~;ctl~cr w~~f~ ~urh ~ntcrest sh:~ll I~r ~ccure~l by U~c lirn u( ~h~~ m~~r~~;.i~;c. S. T~ ~~latc and eontinuuuel~~ kcc~~ nn ~I~r li~nl~lin~;e notv ~r i~crcaf~ct situatc ~~n a.u~l l.,n~l luc ~~nl ~.~n~:~tnem u+wr- aute i~~ tl~r tnual .~aud.~rd ~-„lir? fnrm. iu i~um n~~t I~cs ~lian ~hc I~i~;hc~1 imural~l~• ~.~lur. in w~h c~~~nt~.u~~• ~~r ~~~~n~~.unc~ at maY bc a~,~~ro~~c~) liy ~.ud \InrtG.~~;c~•: :uul all turb iu~urin~c ~N-liric~ ~~u in~ nf c.~iJ Luil~h~~;;., :~i~~ u~~~•~c.t ~h~•ir~n ~~r ~~.ut Ihcrcof. in thc a~~;rc};~tc ~inn al~uc~:~i~l ~-r in cYCC.s thi•rc~d. ~h.~ll c~~ut:un thi• u~u.~l ai.u„t.ud ~uur~~;.~~;cc cl:~u.c ~n.~I.n~~ the In.t uiulcr ~~d ~~nli~ic~. ~:irh in~l ~ cry 1. ~~.~~:~1~I~• !~~ cii~l \Inrl~a~cr :~+ hi~ iulcrc~i tu.i~ :~~r~~t.u. aml cr~ I~ an~l racr~' ~u~ h ~N~litr .hill bC ~ito~o~alp ~IclncrcJ 1~~ :~u~I h~1~1 I~~ •.rnl ~I.nf~;.i~;~ r: :u~~l. n~,I ICt. Ih,in tcn ~I.~~~ u~ a~l,.~~~~r ~,( Il~c Ca1~~r.uinn ~~I ~.~~h ~N~I~c). lo dcli~rr In ~.~ul \(~~~i~n~;~~ a ~cn~~M:~l ~h~t~n(. ir~~~~hcr t~~uh a ri•t~•i~u 1~~- il~~• ~~i~~in~un~ ~~( ~~~~(~ ~r~u•k.~l: .uul tl~ci~ shall 1~ n~i swh inw~ancc ~~L~~r~l nn .~n)' „f ~iiil I~inl~lin~;a, any' inlrrr~t Ihi ~r~n m ~..ut -Iu ~~.~L n~J~.c ~n thc (niiu :~n~l wi~h thC lu.c ~~r}'.~l~It ac :~In~rwi~l: .ui~! ~u tl~r c~~•u~ :u~~• ~iun u[ n~nurt b~~~~ancc ~~.~~.~1.1~• ~uiclt ~.w h ~~„{i~ t.,~ i~~~L~ ~~~. ..u~l \I~.rr~;.~~c~ shaU b~~~c tht o(~tinn tn ~~•tcir~• :~n~l a~,~~l~ tl~~ s.~tnC ~ii .l((~~I171t U~ Illf I~UI~'I~If~IltCtc.~•~u~r~l hrrr~l~~ .,~ i~~ ~~~•~nu~ c.u~l \I~~rl~;a- y;~~r to retci~t and u~C it ~-r :u~~ ~~.~ri Ihrrc~~( I~,r n~hCr ~~ur~~.~.~. a•i~b~~ul Ih~•~cl~~ ~.•.~it~~~:; ~~r nn~~.~niu~ .~uc i•~~~n~1'. li~•~~ .~r right un~lcr nr by virtuc o( ~hic mnti~;.~{;c: :in~l in ~hc cccnt ~~id ~tu-~~;a;,v~r .h:~ll I~~~ .~~~~ ~r.~.~u~ I.ul t~~ l~ ~•i~ 11~~ ..uJ ~~~rmi.rt sn i~nurCd. or L'~il l~- ~I~li~~ct (~~~~in~~tl~ .u~r ~~f c:u~l ~~nli~icc ~d ~ns~u:u~ec lu ~.ml Urnt~;.~~~•c. n~ Lnl ~~~~~m~~tly u~ ~~ev (ully anr ~,remium thCrcfnr. ~r in any r~•,~~~~i Lul tu ~~~r(~nn. di.ilea-~;r. ~~~c~in~•. ~11~•~~. eu,u~~lc~~•. eu~n~~l~• t.~il~ .~~;~1 :~I,~J~ t~y ~I~i. e~n•- cnant. nr ~ny ~„rt hcrc~~(. s.~i~l \Inr~~;.~~;cc nc~}• ~~la~c an~l (i:iy f~~r .u~h imur.u~tc ~~r an• ~~.,r~ ~l~~•-c~.f ~.~tl~~~ut ~:.~nni~; ~~~. alfcctin~:u~~• o~,tion. licn. c~~iu~~~ nr ti~;ht iu~~t~~- or I~}• virtur.~( thic innt~~;:~~;c. :~n~l ~i~c lull :~nu~~n~r u( i.~,h an~l r~~tr ~u~l~ paymcut sl~all bc immalia~cly ~lur :~nd ~r:~}ahlc ~nd shall bcar in~crc~t Irmn ~I~c ~L~~c ~hn~•~f unt~l ~~aiil at thc ~~tc o( ~en per centum pcr a~~uum and togctl-cr wi~h such in~crest ~hall bc ticn~reJ by thc licn of ~lii. mnri~:+~;c. ~. To permit, com~uit ur sut(~r n~ wa.~c, impairmc~~t or dctcrior.~tion ot said ~•~n~~~•ny or ~ny p.~rt tl~crco(. S. To ~~ay all :~~~d ~iu~;ul:~r ~hr tn.~c, ~h.n;;ca .~~~d ct~~cntr~. inclu~liny; rc:ianu:~l~lc Ln.~rr'. (~•~~ .u~~l ~~~t n( .~I,~~~.~tt~ :~f tillc. incurrcd r,r ~~ai~l il any Uu~c h~ ~aut ~I~~rt~;:~{;~C I~~c~ucc :u~tl/~~r in Ihr r~~nt u( ~hr (~~Snt~• ~~n Ih~ ~~.ut of ~I~~r ~.n~) Alntt~;.~~nr tn doly. ~~rouy,~lr- ai~il fuUy ~~crf~~im. dis~l~ar~;c. cxcw~c. c((c~~. ~~~tn~-l~i~•, ~rn~~~~l~ ai~h :~n~l al~i~{c 1~~- ~.~~h :u~~l t~•cry ~he sti~w~atiou., a~;tccmcu~c. ~.~n~hiionc aud ~~.~~c~nutc nl a.~i~f pnunic.nry n~.u•. an~l ih~. inort~;.~~;c. ~ny .-r ciilu•r. ii~d s.~i~l tnst~. ~h•rr~c~ an~l cx~~c~.u~. ~.uh and c~ery. shall bc imm~•~I~:urly du~ ii~~l pa~.~Ll~. ~.h~•ihcr ~~r n:~t ih~rr h~ ~n~~uc. ~Ic- m:ind. a1~cm~~t 1~ ~ollr~t ~r ~uil ~~~ uJn~~;. ~n~l ~he (ull a~U~~un1 of ci~h .~nil e~rt~~ sni h~~.~y~ucn~ •I~.ill Lc.~r in~rre.t (rn~n U~e datc thcreo( until p~id •rt thc r:~ic ~,( tru j~cr ccn~~nn ~-cr innum: in~l all s~iJ cos~s, chargcs and cxpruscs so inwrrcd or paid, togcthc~ with sud~ intcrest, ib~ll bc sccurc~l ~y ~ht licu u( thi• mortK~~e. ~ - -- - ~ - - .~ ~~~____. ao~x 345 P~cE 2012