HomeMy WebLinkAbout0440AMOUNT LOCA710N DATE
s 9,000.00 Fort Fierce, Floirda Februaiy 13, 1981
. FOR VALUE REC[iVED, the unders~gned, (jamtly and s~vr.~ally, if mure tti,in une) prur~i~zes to ~ay to '
BON118 J88J1 Dalll@ZS
2611 - 66th Street N.W. Naples, Flneida 33999 ,
or ~rder, in the manner hereinafter specified, the principal sum of ]V1I1@ 'rj10USAJIC~ and No/100-----------------•--
IS 9,000.00 1
~V~th interest irom date at the rate oi 1~. S per cent, per annu~n on the liala~~ce f~nm t~me to time remainin~ unpaid. The said principal
and interest shall be payable in lawiul mo~ey of the Uniteci 5tates of Amcrica it Fort Pierce, Florida
or at such place as may hereafter be designated by w-itte~ notice from tl~e holde- to the maken c~rcof, on the date and in the manner following:
~omnencing on I~tarch 13, 1~81, maker will pay to lender on the 13th of each succeeding
n~onth the stan of Seventy Eight and 75/100 d.ollars (s78.75) . It is understood by t~'aker
arid Lender that this aurbwit constitutes the payment of interest on the tuipaid principal
only, and that the principal amow~t plus any interest not then paid will be due as a
l~p st~a at the maturity date of this note. The sauae being February 13, 1991.
Maker and Lender in addition specifically agree that maker may make aclvance payments on
the principal anaunt in multiples of One Thousand and ~b/100 dollars (s1,000.00) at any
time without penalty, and that such payments wlien made ~eill occasion a recomputation of
the monthly payment hfiich will result in a reduced monthly payment.
This note with interest is secu~e~i by a mnrtyaye on real estate, o( eves~ ~late tierevwth, made by the maker hereof in (avo~ of the
saici payee, and shall be construed and enforced acco~ding to tt~e laws of the State of I~101 ld1 The terms of said mortgage
are by this reference made a part hereof.
It default be made in the payment of any ot the tums or intere~t ment•oncd here~n or in said mortgage, or ~n the performance
of any of the agreements tontained herein oi in sa+d mortga9r, tfien the entire ~~~:~~~~~~,,t sum ancl accrued interest shall at the option of the
~~,ider hereof become at once due and coUectible wrthout notice, t~me tx~mg of tnr. ess~nc~: arid sa~d principat sujn and accrued interest shall
i~~.~th bear interest irom such time until paid at the hiyhest raie allowable under the 1,-~~~~s of !he State of Florida Failure
to exercise this option shall not constitute a wawer of the right to exercise tl~«~ ~;,~r~t~ ~n the event of any subsequent 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 aitorney's fee, whether suit tw brought or not, if, aiter maturity of this nofe
or default hereunder, or under said mortgage, counsel sl~all be ernployed to collect ~his note or to protect the security of said mortgage_
Wherever used here in the terms 'holcler', 'inaker' and 'payee" shall be cunstruecf ~n the singular or pl ra~ as the context may
~equire or admit. .~~
MAKER'S ADDRESS /'' ,~
~i~L ~ c -s rfC'iU`~
--------------- -- ----- = -------
z 1~ de sen / ' ~'
N . _ ~~ C [~ , L~t',LiL~-1~--N
-- --_ - _- -__ _ W ~' ~ f_ yl l ~ Q
Alecia N, h'esner
ci~rtl and interest and other sumx of mone~• provided fur in ,aid note and this mortgage, or either;
to ~~a~• xll and singular the taxes. assessments, leviea, liabilities, obligxtions and encumbrances of
ever~• nature un said pro~erty; to permit, commit or ,ufTer no «•aste, impairment or deterioration
uf said Idnd or the impru~•ements thereon at an~• timc; tu keep the buildings now ur hereafter ou
said land fully insured in x sum of not less than its full insurablt~ ~•alue, but in no event less than the
amuunt serured by this murtgage. in a compan~• or cumpanies acceptable to the mortgagee, the pol-
ic~~ or policies tu be held b~•. and I~ayable to, said mortgxgee. and in the e~ent an~• sum ~~f mone~•
becomes payable b~• ~•irtue of such insurance the murtgagee shall ha~•e the right to recei~•e and ap-
pl~~ the same to the indebtedne~ hereL~• secured, xccoimting to the mortgagor for an~• surplus; to
~,ay all costs, charges, and erpenses, including la~~•}-er's fees and title searches, re<~sonabl~• incurred
or paid by the mortga~ee because of the failure ~~f the mortgagor to promptl~• .~nd full~• c~mpl~•
with the agreements, ,tipulations, conditions and c„~•e•nar.t~ of xaicl nute and this mortRage, or
either; in the e~•ent the mortg:igor fail, t~~ px~• ~~•h~m ~tu~• an~• tar. .~sses~ment, insurance premium or
other sum of mone~• pa~•able by virtue ot said note :~nd this mortgage, or either, the mortgagee ma~•
pa~• the same. without ~i~aivinR or affecting the o~-tion to forecl~-se or an~• other right hereunder, and
all such pa~•ments shaU bear interest fr~m date ther~•~if at the hiRhest la~+~ful rate then allo~sed b~-
the la~vg of the State of Florida.
IF an~• sum of mone}• herein referred to Le n~-t pr~>mptl~• paid ~+~ithin thirtv dat~s next after
the same becomes due, or if each and ever~• the a~reements, stipulations, conditions and co~•enant,~
„f said note and this mortgage, or either, are not full~• perfurmed, complied ~~ith and abided b~•,
then the entire sum mentioned in said note, and 1 hi~ mortgage, or the entire balance unpaid there-
on, shall forth~~•ith or thereafter, at the option of t h~~ mortga~ee, become and be due and pa~~ablc.
an~•thing in said note or herein to the contrar~- n~-t~~•ithstandin~. Failure b}~ the mortgagee to exer-
cise am• of the riRhtS or options herein pro~ided ~hall n~-t c~nstitute a«•aiver of an~• righ~g or op-
tions under said note or this mortgage accrued ~r ther~~aft~~r accruing.
9~7K'JVIJ FNGE 44U
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