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HomeMy WebLinkAbout0324MCRTGAGE NOTE AMOUNT LOCATION OATE $ 1,000.00 Et. Pierec~, Floricia March 13, 1981 FOR VALUE RECEIVED, the unders~gnecl, (jointly a~~d seve~ally, ~f mc~e than ~~ne) proinises to pay to Mary Windes or order, in the manner hereinafter speciiied, the princi~al sum o( One Thousand and No/100 --------------------------------------------- IS 1~000.001 ti'~ith interest from date at the rate of 15.0000 per ce~t, per annum on the t3alance from time to time remaining unpaid. The said p-incipal and interest shall be payable in la~vful money of th~ United Sta!es ~f America at 5545 M~drjd AvP. ,~1142, Orl~tndo, F1 . 32801 or at such place as may hereaiter be designate<I by written r~otice from ihe hold+~~ ro the make~ heieoi, on the date and in the manner foNowing: Principal and interest is payable Monthly in equal installments as follows: Beginning on April 13, 1981~ the sum of ~48.49, and the same amount on the same day of each month, in eaeh year thereafter, until the entire principal sum of ~1000.00 together with interest, as herein provided, has been paid in full. Said final payment due March 13, 1983. All payments are to be applied first to interest at the rate specified herefn upon the principal sum of ~1000.00, or•s~ much thereof, as may from time to time remain unpaid and the balance of each payment shall be applied to principal. This note with interest is secured by a mortgage on real estate, of even ci,ite ii~rewith, made by the maker hereof in favor of the sa~d payee, and shatt be construed antl enforceti accorcfing to the iaws oi the State oi N lorida 1he terms ot said mortgage are by this reference made a pa-t hereof. If default be made in the payment of any of the sums or interest mentioned hcrein or in said mortyage, or in the performance of any of the agreements contained here~n or in said mortgaye, then the entir~r ~>> ~~~~ ,i~.~l sum and accrued interest shall at the option of the hotder hereof become at once due and collectible without notice, time being c~t the es.~;r~cF; and said principal sum and accrued interest shall t~oth bear interest-from such time until paid at the hiyhest rate allo~vable unde~ tt~e ;av., of the State of FlOt^ida Failure to exercise tfiis option shall not constitute a waiver of the right to exercise ttie s~~~if• ~n the event of any subsequent default. Each person liable hereon whether maker or endorser, hereby wa~ves ;~resentment, protest, notice, notice of protest and notice of dishonor and agrees to pay all Costs, including a reasonable attorney's fee, ~~:hether suit be brought o~ not, if, after maturity of this note or default hereunder, or under said mortgage, counsel chall be employ2d to collect this note or to proteci the security of said mortgage. Wherever ~~sed here in the terms 't~olcier', 'maker' and 'payPe' shall be const~ucd in the singular or plurat as the context may require or admit. MAKER'S ADDRESS ' ~ /" ~~ ~ /~ ~ ~ ' - - ---------------- -- - - . .~~~ / ~ '~ ~C._ ~~-~``~~ ~~~ ~Q '1 ~ ~ --- - ~ _--R`iI-A~ ~awlak . a ~r ~~„e,.~ t . 3 3 ~-~E~-- ------- - - N - - -- - - !~ h _ ristine M. Wronka AND the murtgagur hereby further c~-~•enxnt. and ab-rECS tu pa~• ~~romptl~• when due the prin- ri~~xl and interest and other sums uf mone~~ provided f~~r in ~aid nute and this mortgage, or eithei•; tu pa~• ail and singular the taxes, a~sessments, Ie~~ic,, liabilities, oblig~tions and encumbrances of ever~• nature on said propert~•; to E~ermit, cummit ur sufFer no ~~~.iste, impairment or deterioration of said land or the im~~ro~~ements thereun at un~- time; tu keep the Luildings now or hereafter on ~aid land fully insured in x sum of not less than it~ full in~urable caluc, but in no event less than the amuunt secured b~• this murtgxge, in a cumpan~- ur com}~an~es acceptable to the mortgagee, the pol- ic~ or policies to be held b~•, and payai~le to, sai~l murtgage~~, and in the e~-ent an~• sum ~,f mone~• ~ecomes p.i~•able b.• ~~irtue of such insurance thc murt~;a~,-ee shal! h~i~•e thc right to recei~•e and a~-- ply the sxme to the indrbtedness hereb~• secured, xccounting to the m~-rtgagor for an~• sur~flus; to j,gv ~I~ rpatc~ rh~re~`~, ~n:! nv~n~cHC~ lnr~~r]inv ]~~~~~•~~r'c f~'~'c ~l~l~~ fl1~~~ v~~:-rch~~~, Pt•:l~(111aL1~• incurred or~paid by the mortga~,•ee becausc of the failure „f the mnrtKaKor tu ~~romptl~• and Cull~• compl~• ~~ith the a~reements, stipulations, c~rnditions and c~-~•enunt~ of tiaid n~-te and this mortgage, or either; in the e~•ent th~• murt~;a~ur f.iils to pa~• ~~•h~~n due• :u~~• tax, .-~.E~...ment, in~urance premium or other sum of mone~• pa~•ablc by ~~irtue of sai~l nr~te .~~,d this mc,rtgage, or either, the mort~agee ma~• pa~- the ~ame, ~~•ithout ~raiving or affecting th~~ ~-j,ti~~n t~- fureci~-se•or an~• other right hereunder, and all such pa~~ment~ shxll bear interest frnm date thrrt~~~f at thc~ hi~hF~st la~~•ful rate then allm~•ed b}- the la~~•s ~f thc~ State of Florida. IF an~• sum of mone~• herein referred to t,e n~~t promptl~- ~~aici ~~•ithin thirty da~~s ne?ct after the same become~ due, or if each and even• the agr~•ements, sti~~ulations, conditions and co~•enan~~ of ~aid n~te and this mortgage, or either, are not full~• perfurmed, c~-mplied ~~•ith and abide~i b~•, then the entire sum menti~-ned in said note, and t hi~ mor:~-age, or the entire balance unpaid there- on, shall f~rth~~•ith or thereafter, at the optinn nf thE~ mort}{agee, become and be due and pa~•able, anything in ~aid note ~r herein to the contrar~• nut~~•ithst:~nclinR. Failur~ I,}• the mortgagee to exer- cise am- of the riRhts or optiong herein pro~ ided ~ h:~ll n~~t c~nstitute a~~•ai~•er ~f an~• ri~h~s or op- tions under said note or this mortgage accrued ~~r thc~r~~aft~~r accruinR. r ~~ 351 F~~ ` .