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AMOUNT IOCATION
onTe
s 17,000.00 Ft. Pieroe} Florida December 19, 1980,
fOR VAIUE RECEIVED, the unders+gned, (jointly and severally, i1 more than onel promises to pay to
Doris Bello 6061 Fox Chase Trail
Shreve~ort, Louisiana 71129
or order, in the manner he~einafter specifi , the principal sum of - _
Seventeen Thousand, and No/100 -------------------------------------- (S 17,D00.00~
~v~th interest from date at the rate ot 12~ 2500Per cent, per annum on the balance from time to time remaining unpaid. The said prinCipal
and interest shall be payable in lawiul money of the United States of America at •,
or at such pfac~as may hereafter be designated by written notice from the holder to the maker hereof, on the date and in the manner following:
Principal and interest is payable Monthly in equal installments as follows: Beginning.
on January 16, 1981, the s~ of ~ 278:64, and the same atnount on the~same~day oP each
month, in each year thereafter, until the entire
principal sum of a17000.00 together with interest, as herein provided, has been paid -
in full.
All payments are to be applied first to interest at the rate specified herein upon the
principal su~ of ~17000.00, or so mu~h thereof, as may from time to time remain unpaid
and the balance oP eseh payment ahall be ap~lied to principal.
This note is prepayable in Who2e,a~ in part at any time aithout penalty.
This note with interest is secured by a mortgage on real estate, of even date here.v.t~, .,~ ~~t~: i,y the maker hereof in favor of the
said payee, and shall be construed ard enforced accwding to the laws of the State of Florida Tti~: ~er~ns of said mortgage
are by this reference made a part hereof. -
If default be made in the payment of any of the sums or interest mentioned herein or in said mortgage, or in the performance
of any of the agreements contained herein or in said mortgage; then the entire principal sum and accrued interest shall at the option of the
no~de~ hereaf became at once due and cof{ectible without notice, time being of the essence; and said principal sum and accrued interest shall
:,~th bear interest from wch time until peid at the highest rate altowabfe under the laws of the State of FlOt`ida . Failure
to exercise this option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default.
Each person iiable 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 wit be brought or not, if, after matu~ity of this note
or default hereunder, or under said mortgage, counsel shall be employed to rn~lect this note or to protect the security of said mortgage.
Wherever used here in the terms 'holder', 'maker' and 'payee' shall be co~strued in the singular or plural as the context may
require or admit.
MAKER'S AODRESS
AND the mortgagor hereLy further covenants and agrees to pa~ pccm~tly .vhen due the prin=
cipal and interest and other sums of money provicled fur in said note and this mortgage, or either;
tu pa~• xll and singular the taxes, assessments, levies, lixbilities, obligation~ and encumbrances of
ever~• nuture on said pcoperty; to permit. commit or ~uffer no ~ti-aste, impairment or deterioration
uf said land or the impro~-ements thereon at an~~ timc : tu keep the Luildings now or hereafter on
said land fuliy insured in a sum of not less than its full insurable ~-s+lue, but in no event less than the
amount secured by this mortgage, in a compan~- or com~fanies accept~Ule ta the mortgagee, the pol-
icy or policies to be helci by, and payabte to, said mortgagee, and in the event any sum ot money
becomes payable b~• virtue of surh insurai~ce the mortgagee shall ha~e the right to recei~e and a>>-
ply the same to the indebtedness hereby secureci. accou~iting to the mcrrtgagor for an~ surplus; to
pay ail costs, charges, and expenses, including la~v~-er's fees and titlc searches, reasonably incurred
or paid by the mortgagec because of the failure ~~f the mortgagor to ~-romptl~• and full~• compl}•
with the agreements, stipulations, conditions and co~°enant~ of saicl note and this mortgage, or
either; in the e~ent the mortbagur fails to pa~• ~~•h~•n due an~ tax. ak~es~ment, in~urance premium or
other sum of money pa~•able by virtue of said note and this mortgage, or either, the mortgagee ma~•
pay the same, without waiving or affecting the u~~tion to forecl~~se or an~• other right hereunder, and
all such payments shall bear interest from date,thcreof at the highest la~vful rate then allo~~ed b~
the la~cs of the State of Flor:da.
IF ant• sum of money herein referred to be not ~romptl~• paid ~~ithin thirty days next after
the same becomes due, or if each and ever~ the agreements, stipulations. conditions and covenan~s
of said note and this mortgage, or either. are not full~• performed, complicd ~~•ith and abided b~.
then the entire sum mentianed in ~aid note, and this mortgage, or the entire baiance unpaid there•
on, shall forth~sith or thereafter. at tfie option of t he mortgagce, become and be due and pa~ ab1e.
anvthing in said note or herein to the contrar~• noh~ ith,tandinR. Faiture by the mortgagee to exer-
cise an~• of the rights or options herein provided ~ hall not constitute a~vaiver of anr rights or op-
tions under said note or this mortgage accrued or there:~fter accruing.
g~x ~4s PACE is~:~