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Home My WebLink About2552h10RTGAGE NOTE aMOUNT LOCATION ~.1()() _ 00 OATE ce*iher 9. 19$0 FOR VALUE RECEIVEO, tha undersigned, (jointly and severally, if more than one) promises to pay to .1oh~ E. rbore and uallatin National B~k as 1Yustee, Lnder the Last Will and Testament of Ca}r,~o,l FW. ~Mo,ore a/k,(a, Carol Walton a/k/a/ Caroline Waltan Nbore a/k/a Carolyn S. Walton Mnc~~-~ :~ ' Jgt'pYdTr ii1'tFi~r~f~nn~~~th~ified, the p~incipal sum of ~I~O ~lOL1S8Tld, ~fl@ Nlll~d ~1(~ I!j0~1(1~--------------------------------------- (S 2,1~.~ ~ tv+th inqrest from d~te at th• r~t~ of 11, (p00 PQ~ ~ent, p~r ~nnum o~ the b~lance from timt to time rem~inin~ unp~~d. The said principsl and interest shall be payable in lawful money of the United States of America at C/0 P.O. Box 43, Oh~OQ~11@, PA. ~54i~ or at such place as may hereafter be designated by written notice from the holder to the maker hereof, on the date and in the manner following: Principol and interest is payable Manthly in equal instal]ments as follvws: ~egi~uning on January 9, 1981, the sun of $ 97~8 , and the sa~ne ~roint vn the sa~ne day of each m~nth. in each year thereafter, until t~`~ntire principal sun of $2,100. OJ toge~t~e~wi.th i~~erest, as herein oravided, has t~een pai.d in full. • ~ ~~~ ~ _ All paya~ents ar~e to be appli its~ to'interest at the rate specified herein u~~on the principal sun of $2,100.00, ~ thereof , as may fran time to tir~e ranain tnzpaid and the balance of each paymen 11 be applied to principal. Zhis note is prepayable in whole or in nart at any time wit'~out penalty. This note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker hereof in favor of the ~a d payee, and shall be construed and enforced according to the laws of the State of FLOY'1C13 The terms of said mortgage ,,~e by this reference made a part hereof. If default be made in the payment of any of the sums or interest ment~oned herein or in said mortgage, or in the perforr.~ance ::~ any of the agreements contained herein or in said mortgage, then the entire pr~nciual sum and accrued interest shall at the option of the ~~: der hereof become at once due and collectible without notite, time being of the esse~ce; and said principal sum and acerued interest shalt :;~t'r, bear interest from such time until peid at the highest rate allowable under the la~vs of the State of ~p~~ Failure ~o exercise this option shall ~ot constitute a waiver of the right to exercise the same in the event of any subsequent default. Each person liable hereon wtiether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice o' d~shonor and agrees to pay all cosu, including a reasonable attor~ey's fee, whether suit be brought or not, if, after maturity of this ~ote cr default hereunder, or under said mortgage, counsel shall be employed to collect this note or~'°~ p-ptect the securi of sa mortgage. Wherever used here in the temns 'holder', 'maker' and 'payee' shall be construed jrS the singular or plur as the c text may require or admiL MAKER'S ADDRESS . ~~ G~~,._._.• ~1G - Q~t~1Ltr . Q~TS W N AND the mortgagur hereb~ further covenants and agrees tu pa~• prumptly~ when due the prin- cipal and interest and uther sums of mone~ proviclecl for in said nute and this mortgage. or either; to pa~• all and singular the taxes, assessments, levie~, liabilities. obligations and encumbrancea of every nature on said property; to permit. commit or ~ufier no ~+•aste. impairment or deterioration uf said land or the imprurements thereon at an~~ tinie; tu kecp the buildings now or hereafter on ~aid land fully insured in a sum of not less than i1s full insurable ~•alue, but in no event less than the amuunt secured Ly this murtgage, in a compan~• or rumpanies acceptable to the mortgagee, the pol- ic~• or policies to Le held b~•, and payable to, said mortgagee. and in the c~ent an~~ sum of mone~- becomes pa~~able b~• ~•irtue of surh insurance the mortgagee shall ha~e the right to recei~e and ap- ply the same to the indebtedness hereb~• secured, accounting to the mortgagor for an~• surplus; to pay all costs, charges, and expenses. including la~~•~•er's fees and title searches, reasonabl~ incurred or paid by the mortgagee because of the failure of the mortgagor to promptl~• and full~• compl~• with the agreements, stipulations, conditions and roren:-ntti of said n~~te and this mortgage, or either; in the e~~ent th~~ murtgagor fails to pa~• ~ch~~n duE~ an~• taix, a~.~e~.sment, insurance premium or other sum of money pa~•able by virtue c,f said note :~nd thia mortgage, or either, the mortgagee ma~• pay the same, without ~raiving or affecting the o~~tion to foreclose or an~• other right hereunder, and all such pa~ ments shall bear interest from date thereof at the highest la~~•ful rate then allo~~•eci b~• the la~~s of the State of Flurida. IF an~• aum of mone~~ herein referred to be n~-t nromptl~• paid ~~~ithin thirty days next after the same becomes due, or if each and ever~• the agreements, stipulations, conditions and co~enan~~ of said note and this mortgage, or either, are not full~• performed, complied ~sith and abided by, then the entire sum mentioned in said note, anci t his mortgage, or the entire balance unpaid there- on, shall forth~~•ith or thereafter, at the option nf t he mortgagee, become and be due and pa~•able. an~ thing in said note or herein to the contrar~• n~~t~cithstandinR. Failure b~• the mortgagee to exer- cise an~ of the rights or options hPrein provided ~•hxll n~~t constitute a H~aiver of anr righ~4 or op- tions under said note or this mortgage accrued ~r ther~after accruing. gn~K~4~ Pact2551 J Q W H ._s..-~:~