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HomeMy WebLinkAbout2110 .~ +~ ~ ~. . ~Ci1Ut~p~1 ~11111~1J,~. tl~at if sni~l ,-1ti,rtga~'or sltctll• /~aty ttitto th~~ sai~l .,'lfortg«~~-e tlee certain pro~nisso~~J nulr~, ~~/' r~~%tcit tlee j'ultu~~~in~ iii ~rcla~ u~~l jlg~~res rs n true cu/~~, tu wit: ~ ' s.38,,00_0.._0.0 Fort Pierce, Dec mber 24 ~~Q ....................................... .................._................... .. .... .. Ao.~.~:............ ....... FOR vAIIJE RECENED ~M wd~rHYo~d aowi~ fo p~r ~o ~M wda of . RICHARD W. STARR, JR. ...... ... . ........................................................................... .................................... ....... .... ... .... . ...... . .. . ....... . ...... ....... ... .. .. . .. .. ..... . . . ... .... . .. . . ,h.a;M;~,w„ ThirtX-Eight Thousand and no/100-------------- 38 000 00--- ol............ .......... .... ................... ........................._.._._... ~d~s.~ ts .. r ~ 1 ~opNMr wilA iMUe~1 tl~eon I.au deN. al tM rah d....~IAIS.a..Y.£.....~.~.~~....._........Pw orM. P.. _-.--anr~u.m . ..... .. ........ .....~~;~ .~w~r.KaY~C~t ~rar-isKi~x ........................ ....... . .....a~~wc . .... .. .... . u.Y~r. ...... .. _ xaeu.. .. .. . X~~bo11~ pincipal ~nd intM~s1 bsin9 paYabl~ in lawfVt mon~y d Ihe UniMd Slsl~s a ils eQuivabM. M X4S~..~a~~t ..~C~~Y~~$S .. . .. Q.~... pay.ee.. ...... _ .. .. ................ ....... ........_.........................~.~a ~.,~a~ sun~ fo b~ WraM~ on ~M da~~s aed in tM ~noun~s spsu(~ed b~low, ~o-wi~: This note is made payable in three (3) annual principal payments plus simple interest on the unpaid principal balance at twelve percent (12$) ~'~"' per annum as follows : . C,., ~. (1) $12,666.66, plus interest due on the 24th day of December, 1981.' ~ (2) $12,666.66, plus interest due on the 24th day of December, 1982.~~ (3) $12,666.68, plus interest due on the ~th day of December, 1983.~~ ~ T'his note may be prepaid in whole or in part without penalty. ~~ Each nute. and endws~r w.~e~~lh~ waires d«n~nd. aa.u s~d na~c. d n+.wrihr. non-Wrawnl o~ pw~st and aM nquir~nwdi ~usss~r M hold NcA d ~AcT liable ss matias and endorsers. Each ~na~~r snd endorser fur~Mr ayr»s. ioamfy and seva•Nr. lo wY sN <osti d colbc~ion, inckidi~g s nrwnaW~ Nlan~s iM in cas~ Ih~ V~~D+~ d tfus note or anY wYmenl on IM W~nc~pil or any inrw~sl ~herson ii eol ps~d ~I IM nsp~ctiw rwNurify tMrwf, w in cas~ il bKO~s n~c~ssarY b OrW~cl IIM frcwitp hereOf. whllher suit be ~f/OU9h1 O- 1101. This nw~ and d~(erred int~tst payma~~s shsll be~r iM~res1 a1 Ihs ~sl~ d_"'.~..~~r ~.~' -Pv oaM. Per arrw~ ko~ ~lwitr uMi) psid. ihis nWe is s~cwed bY a.~•XS.t._...._.n~alpsye d~wn. da1~ hawv~tA and is Io b~ consln~d and ~nfo~ad ~ccordirq to tM bws d tM 51a1~ d Flw~ds; uoon delauU i~ ~ha paym~r d p~~nciDal andlor iMer~sl dus on any nW~ s~cw~d b~ ss~d MortQsQ~. a4 wwn so secur~d ~-d r~aininy wp~id sh~U falAwdb bncon+a due srd wYable notwdhs~andinp 1hr'v I~nw. #and said default oo~tinues for 30 days /s/ Jeffrey S. Furst . .... .... ..............•--......._.--~--••--~------......--~•-----....................... ._.-•---._............... ~ - ................................ .. . Jeffrey S. Furst~~~~~~ ..........................__.__.._..__....._._.. _ ..._....._......._........._.._.......------..........---...............-~---........---........ ts.~n arrc! xhc~ll J.~rjo~m. ~u~~iplq ti•itle ~t~ic/ ~t~-i~l~ h~~ e~teh u~td et•erJ the stipulalions, a~reentents, conditiorrs and covcnanfs of said J~romissor~ note and uf Uiis deed, therr this deed and tlce estute hereLJ created shall cease ~incl Le nrcll acfi~l void. ,t~jtl the said .,ltort~agor kereby covenatnts and a~rees: .I. T~, p~y ull ~tnd sin~nlar th~ ~ri~t~ipal nn~1 in.t~r~~et and nthF•r si~nts n/'mo~reJ j~a~ah[e I-r~ ~~irtu~ nj sui~! prn»i~ss~,r~~ n~t~ ~~~i~! t/tis .Ir~•~J, ~~r ~~itJr~~r, pr~~i~tplly n~i 17rf~ ~l~y~s re4J~e~tii~c~ly thc su~n~• scr~erallJ ~•~---ee ~!-r~. ~. Tn p~n~ ~ill u~i~! xiii~iilur thc tux~~s, ascc~xsm.~•nts, !et•i~~~. (iuhiliti.•., ~~/~/ic~uti~~ns ~rn~l. encrent~ir~naces vj encrJ ir~il ~tr~~ uit sai~l d~~srribed ~uoprrt J c~a-•le a~r~l ec•rri~, ~~n~l if th,e sQme Le not promptlJ paid the said ~lortg'a,g'ee maJ af crnJ time paJ the sanae without u~aiain~ or ajj'ecting tlie opti.~n to forec.lose or any rigfrt herercnder, ancl ererrJ pacyme~at so mcule shall bear interest from the date thereof at the rccte of twelv~e (12) per eent. per annum. J. 7'o pay atl and sin~ular the c~~sts, clirir7~•4 an~l rxnr»se.. int•lruli.ng tauu~/~r's fees, reaso~acbly incurred or pciid at any time by said .~tort~'a~ee Lecai~se of the failure on the part of the s~cid .~lortga~'or to perform, complJ rc•itlr, air~l aLi~le by ea~h a-td everJ the stipulations, a~reements, eonc~itions and cor~ena»ts of cai~l ~~rumrssorf n.ole and lhis deed, or either, and every sicch payment shall Lear interest froria date at tlee rate ofn,aelve (12) per cent. per c~nnum. ,~. To kePp che btiilcling n~~u~ nr h~rcajt.er n~~ 4~lid /u~ttl ii~sr~red in n~uni n~~t l~;sstfu.~~~ its highest insurable value-------------------------------- -------------------------------------U~,llurs, in a cum.pariy ~~r rnnr.parri~~s t.~ be ctpnroved bJ sceid .~iort~cc~ee, and the polic~ or policies held hy and ~ya,ble to said .~lort~'agee, aad in tlie er~ent uny srcnt of ntonoJ becomes ~~aJablP under such policy or policies, the .Aior[~u~ee sluall have the option to receive and upplJ the same on uccou,nt of the indebtedness h~rebtj secrcred or to permit the ~i~tortgagor to receive ar~cl use it, or an~ part tleereot; for ot/aer purpoges, wi`,horct thr.reby i~•ai•Ui~g or inzpairing anJ equity lien ar ri~~ht uncler or by uirtue of thi,s mortgage, and may place and paJ for srcch insurance or an j part thereof, withorct u•aiutng or af~ecting the opti,on to fvreclose nr an-y right ltereurcder, and each artd every such payment shall becacr interest front date at tlce rute of ~lve (12) per cent. per annum.. as~x~~5 Pec~Zi~ . ~ ._.--- _ =_ ~ -~ ~.._ _ _ .,