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~~ ~~AV~ ~ W ~~ l~~s inme, fogefher wilh f~s tenemenfs, he+edifananb and appurte-
nancea Iherefo belon9ing, an~ 11~e renb. bsues and pro(ifs t1~s-eof. unto 11~~ mo-fgapN. in (se ii~np~e.
nIN~ . . - . . . .
f{~e morfgagor covena~la witti Ihe morfeagee lhal t~t~ nwrignpor b indejeaa[6Iy aetud o~ sate~
land in jre aimple; fha! ths mortgoAor has good ~ight aitd law(ul o~.eho.ter ~o oonwp sdd lnnd ai n/oro-
said; ftiaf Ihe mortgagor wt[I make sucl~ jurt{~er wsumnces fo ps~rct Ihe ~se aimp~e til~ fo antd ~and tn tti~
-norfgagee. as may .~ona6ly 6e requtred: ftiat the mortgngor ti~re6y ~uUr war-anb tke fif~e fo ~aid ~and
and u•tll de%nd fhe same against the lnwju! clainu o~ all peaons u~homaoev~: and tlint sald land ii ~re~
and clear o/ all encum6mncea
~~V~ ii~W~s~ lhat if snid mortgagor shall pay unto said nw-tgag~e t~e certntn promia-
sory nofe ~ereina(!er substantia~~y rnpied or idenli~ted, to-wit:
MORTOAO[ NOT[
; 12p,000.00
1~AMC0 F011M W
~ ~~ . Florids
I~arch / O . ~ 9 81
FOR VALUE RECEIVED~ the undenigned~ (jointly and ser~raily, i( more than one) promiscs to pay to
ROffiZT E. FKX)K and I~2ICN P. HOI~C, his wife
~ w order, in the manner hereinafter specitied~
she principal tum ot OTIE M7TIDRID 7~~Ni'Y TFnUSAI~D ~I~ID NU/100--------------- /100 DOLI.ARS
(i .120~000.0~ with iatenst (rao date at the nte of 15•~ per ceat. per annum oa ti~e baiaace from time to t~me remainias uppaid.
TAe ~aid principal tAd interat ~hall be paysbk in lawfu! money of the United Statq o( Ameriu at 6111 Spring Mill ttoad~
IIl(~]r3f1dpO11S~ IT1C~. or at such place as may hen•aft~r be designated by written notice (rom the hoider to the maker Ixreof, oa
the date and in the manner following:
Interest only payments of 51500.00 shall be c~ue mar-thly cannencing rn the 9th day of
April, 1981 ancl crntinuinq Lmtit March 9, 1984, at ~-~hich time the ~tire princi_pal
balanoe of $120,000.00, toqether with any remaining interest due thereon is due and
payable.
PREPAYM,fNP MAY BE N~DE IN WHOIE OR IN PART AT ANY TINE WI~iOtIT P'FNALTY .
Nothinq contained in this Note, nor instxwnent or transaction related to it, shall be
crnstnied or so operate as to rew ' maker or any person li.able for the payment of the
loan ~de pursuant to this note to st in an amaint or at a rate greater than the
maxin~un allc~w~ed by the laws of the S ida. No amaunts paid by the m3ker or any
parties liable for the paymait of the l de pursuant to this note shall result in the
vo~Qutatirn or e.arnincr of inter.est in excess of the maxii-um legal rate of interest peYmitted
under law; and any and all of that in excess of said m-zxirum leQal rate of interest shall be
autamtically credited aqainst and in reduction of the principal balanoe, and a~ portion
of the exaess that e~oeEds the principal balance shall be paid by the h~lder to the maker
arid any party liable for the payment of the loan made pursuant bo this note, it being the
intent of the p~arties that tmder no circuQnstanoes shall the maker, or any parties liable
for the payment of the loan hereunder be required to pa~y interest in excess of the maximmi
rate allowed by the laws of the State of Flarida.
Thi~ note with interest i~ secured by a mortqaRe on real estate~ o( ~~en dat~ h~rcwith, m~de bv th~ maker htreof in (avor of the said
payee. u-d slull be construed and entorced according to the laws ot the Sute of Pbrida.
If delault be made in the payment of any o( tbe sum~ w intere~t mentioned h~r~in or in said mortgage~ or in t6e p~r(ormaoce of
any of t6e agreemenu conqined herein or in uid mortga6e, then the entire principal ium aod accrued inter~u thall at the opt'aa of the
holder hertot become at once due and colkctibk without notice, time being of the ~sxnce; and uid ptincipal sum and scctued intere~t
•haU both bear interest (rom such time until paid at the highat rate allowabk under the lawn o( the State ot Fbrida. Failure to csettise
thu option ~I-all not corotitute a waiver of the right to exerci~e the sane in the cvent ot anr suMequcnt default.
Each perwn liable hereon whether maker or endorur~ herebr v+aives presentment, protest, rati~e. notice o( protest and notice of dir
hor~ and asrees to pay all cosb. including a rea~onable attorney's fee, whether suit be brought or not, if, after maturuy of this note or default
heteuader~ ot under said mortgage, coutuel ahall be empbped to colket this note or to protcct the arcurity of said mortRa+te.
Whenever uud herein the ternu "hoWer"~ "maker' and "p=yee' ~ha8 be consuued io the singulu or plural as t6e conte:t ma~
require or admit.
Maker's Addreu _....--•---•-•-•-• ...................... ....•-•---~• •--~-•----•-•--••----...- -•--•- -----~ - --..._(SEAL)
06CAR C70GAN
...............••-----...-••-~----•--------( SEAL )
. ..-----•• .. ................. ....•- -..............---....
JANICE QOC'~AN
.........................••••--.......--••.......-•-..._._....__..._ ... i~. . ....---....... . .... .......-- --._..... .......-.-.. -.... ........ .. - ---•- -~-~- ..... - -- -~ - ~~---(SEAL~
- a~r~x~~ Pa~c~~~s
................................... --~-~- . ._..- -... .......- -•- ---......----------•(SEAL)