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~'o ~iaue and to ~iold 1~~~~ sum~~. fug~•1~~.4•r iuif~~ t~~~~ Irnamrnfs. ~~rrv~~~furn~•nfs oni~ ap~;~ul~•
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r~rui~ rx f~~i~rrl~~ ~•~ Ir.iu~i~~i~ un~~ I~~o -~v~l., iss~u•s n-i~~ ~~ro~lfs I~~prno~. unfu /~~p nwrf~~agi•P. i-t ~~'P sinlp~~•.
~nd f~~~~ murf~~nqur i u~~~•e~r~nls ~ril~~ f~~~• re~url~~ugr~• I~~uf I~~e murfl~n~~ur is in~~~~~vusi~-~y s~•i~~•~~ u~ sai~~
~r~n~1 in (~•~~ .i-ni,jo f~iuf f~~~~ morl~~~~~~or ~~as ~~o~,~~ r.'~~~~1 uru~ ~a~oj~~l nuihnrily to ~unrey sai~~ ~an~~ as a~ore
suic~: t~~uf 1~~~• n~urli~a~~ur n~i~~ ma~r suc•~~ ~tirt'u~- assr~rtinros fo prr~PCf f~~N Jr.• simp~P fil~v fo sai~~ ~an~ in I~te
~narfi~u~~~•r us enn~~ n•asunn~~~y ~,~ rnquin•c~: l~uif t~u~ morlga{~or ~~erPf~y ju~~y u~arranfs I~~P lii~p fo sai~r ~ani~
an~i u~i~l d~~f~~-~.1 ~i~~~ .~un~ ~uninsl Il~r ~ae~~~:~I ~ ~nims o~ a~~ nersons u~6omso~•oer: a~~d f{~~t sai~~ ~anc~ is IfBR
~~~~~~ ~~~~~~~~ °< <~~~ ~~~~~~~~~~~~«-~~~~~~ IN THE EVENT that the Mortgagors default in any
~~~~vment or condition stipulated in any prior mortgage for a period of sixty days,
~~r in the event of any default in a prior mortgage so as to cause such prior mort-
:;age to be accelerated and become due and payable during continuance of this mort-
~age, the~~the entire sums less any unearned interest secured by this mortgage ,
~;~all become due and payable at the option of the Mortgagee.
TNE MORTGAGOR covenants and agrees to make all payments and perform all condi~io
:~nd covenants called for in any prior mortgage now incumbering the property, and in
r.:~e event 4f default in any such payment or payments, conditions or stipulations~
~`:e Mortgagee, without waiving the option to forclose, herein reserves the right',to
:::a~ce such payments, or perform such conditions or stipulations, so as to maintai~
~:~e prior mortgages and prevent a foreclosure thereof. Any arid all such sums pa d
,.~~- expenses incurred on behalf of the Mortgagor shall be added to the Mortgage
-~,debtedneSs and be sacured by-this Mortgage.
AND THE MORGAGOR waives all'right of homestead and exemption grant~e~ ~y the
'~_~nstitution and laws of Florida on the property encumbered by this Mortgage.
~rouided ~ltways~ f~iaf i~ saicl murl~~ac~ur s~~a~~ ~wy unfo sui~ mortgagee Ihp cerfain promis-
sorp nofF ~~~r~eren~f~•r .u~,s1~u~lia~~y rupi~~~( or ic~E•nfi~ie~c~. to u+il ~
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S~$_:.550_, 00_._.___ Ft . Pierce .. Flo-~da,.____.__ Noyember., 6.___.__, ~q80___
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~Or ~~2I~LIP ~ZeCflbpa the unders~9ned ~ointly and severally prom~ses •fo pay to Ihe order ,-`; •
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of ..__..Allied Fidelity-----------------------------------
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~aent_-ei ht thousand Five-hund, fif 2$ S50 00
Ihe principat sum of----...----y----...-~---•------------•-----------------------------•----------- ----~~lars (5------t---------'-------------~.
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togtiher with interest thereon from date at the rate of.____'.-'.-.--______________per cent. per annum until maturity, J,
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said interest being payable monthly on ttie__________________________________day o( each and every montl~ both principal i;.
and interest being payable in (awful money oF the United Sta~es at__.. _.______________________________________________________ . .,
~~
6320 IV. Ruckne~;.._Ad~_,__. _ , Indiana _ ____~~~a
--------------------- -------------- PO..BQx__2Q~12f--In.d~anapolis,-----------------•-------- - r: ,
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or a1 such other place as the holder hereof may designate in writiny. Principal and inreresl payable in install- ~• i
mes~ts of------------------•------------------•----- -T-~X~1~__ BeJ.QFI----------------------------------------- Dollars, ~S -------------------) r
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each on the ______________ day oi each and every monlh, beginning on the __._.__._..__._.___day o~
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_.______._._
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19__.___., and c~ntinuing until said principal and interest havQ been paid. Each installmen- payment sha~l be ~
%~
credifed first on the interest then due: and the rema~nder on prir~trpal; and interest shall thereupon ceasa upon '~ ~
the princ~pal so credited ~~. *
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Principal amount due and payable in full upon eatreature or violation ~'
of surety bonds posted for JOHN E. TESCHNER and executed on Nov. 6, ;-,Y
1980 and being numbered FL28-000427 and FLS-039238. ~~:
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Principal amount to be satisfied upon appearance ef JOHN E. TESCHNER Y.,
and the release of the Surety from any and all liability on above .~
mentioned Bonds. '•~~
The Maker of the note acknowledges having read the terms of the said Y- ~
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bonds which conditions and provisions incorporated herein by reference.y~-'
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Each maker and endorser severally wa~ws dema~d. protest a~d ~chce eF inatur~iy, non-paymenf cr prolesl and all re- '. ,
qwremsnts necessary to hold each o( them liable as makers and endorsers ",
Each maker and endorser further agrees, ~oin~ly and severally, to pay alI cosls oI tollechon, including a reasonable atfor- Y~ t
ney s fee ~n case fhe pnncipal 01 fhis nofe o~ any paymenf on Ihe pnncipal ot any mteresr thereon is no~ paid at ~he respective ~•
matur~ty thereo(, or m case it becomes necessary lo prote.l the security hereof, whether suil be brought or not.
This n~~e and deferred interest payments shall bear ~nterest al tl~e ~ate o( per cenl per annum Irom matunly '
until paid ,
Th~s note is secured by a(irst morfgage o( even date herew~th and n ~o be construed and en(orced according to Ihs laws ~
oF the Slate o( Flor~d~; upon de(ault ~n 1he paymcnt ct prin~:,~al and - or ~nterest when due, the whole sum oi principal and ~~-~
inferesf rema~ning unpaid sna~l, at the option o~ the holder, become ~mmed~afely du a paya~e ~
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