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Home My WebLink About0260- - . .. ~ ~ . ~. . M`i;` _ \~•. 1 ~r ~i- C~. ~.~~~:.: ~ 1~~~_ ~ •~ . .l . _ ~ .~~ ~ .~~ . FGR VALUE RECEIVED, ihe ur.Jars~gntU, (ju~ntly snd ~everally, if more than onel prom~ses to pay to Carl La~da~amd Margaret B. Iandan, his wife ur order, in the manner hereinafter s itied, the principal sum of , . ~t ~ous~n aNn tao/~o csao,ooo.oo , ~,~~~h inq~est from d~ts at M~ rat~ ot 12°J', pe~ cent. per annum on the bala~ce from t~me to time remaini~9 unpaid. The said principal and interest shsll be payabl~ in Iswful money oi the United States of America at B100~CSV~.lle ~ FLOl`1.C~a or at such plsoe ss msy hereafter be desig~ated by written notice from the ho~der to the make- hereoi, on the date and in the manner following: 'It~is r~otE is payable in equal mocithly instalLrents of $412.95 begiruiing Nave~~er 12. 1980 and oansecutively for 59 manths thereafter with final Balloan payment of $39,355.39 c~ue Nov~cnber 12, 1985. r . `. ~~ Zhe maker of this Note h~reby reserves tha ?~~ time without pez~alty. Zhe tax required'~y~~$~ paid and proper. staaps have been affi~aed `1 evidenoed by this Note. ",~ ,,~~ ~ \J ~~~_P~Y~It in whole or in part at any ~201.08 of the Florida Statutes has been Mortg,age wh:.ch securres the oblig,ations This note with interest is secured by a mortgage on real estate, of even date herewith, made by the maker hereof in favor of ihe ;~~ci payee, and shall be construed and enforced acco~ding to the laws of the State of FlOrld3 The terms of said mortgage ~~e 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 .' any of the agreements co~tained herein or in said mortgage, then the e~tire pr~~cipal sum and accr~ed interest shall at the option ot the - ~~ hereof ~e::~me at once due and collectible without notice, time being of the essence; and said principal sum and accrued interest shall ~r interest f~om wch time until paid at the highest rate allowable under the laws of the State of Florida Failure .-•cise this option shall not constitute a waiver of }he right to exercise the s~me ~n the event of any subsequent default. Each person liable heteon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice ~! ~~shonor and a~e~s to psy all costs, inctuding a reuonable attorney's fee, whethe~ suit be brought or not, if, after maturity of this note ~r defwlt hereunder, or undtr ssid mort~sge, counsel shall be employed to collect this note or to protect the security of said mortgaye_ Wh~rever used here in th~ terms 'holder', 'maker' and 'payee' shall be construed in the singular or plural as the context may e :uire or admiL MAKER'S ADORESS ' ~..~' ~ ~ ' ~~'d7'iu-l~-/ ~ /" ~-'= ~ ~. ~ ~~'~--~ ~.K;;.,~, v~~~-- sr,:i ~,~ :~u:~o~ ~.1 uect Q(~~rles E. Ible ~ Mr CO~~SSiGN E7~~~E5 MAY 2e 19i1 y ~,~ W . ~ir ' " a ~I. Do e AND thc mortgagur hereb~• further cuvenants and agrees tu pay- promptly when due the prin- cipal and interest and other sums of money provided fur in said note and this mortgage. or either; tu pa~- all and singular the taxe~. assessmen~g, levie:c, liabilities, obligutions and encumbranees of ever~• nxture un said pro~,ert~•; to ~crmit, c~-mmit ur sufTEr nu ~~~.t~te, iml~airment or deterioration uf said land or the impru~•ements thereun at an~• time; tu kecp the buildings nuw• ur hereafter ou said land fully insured in a sum of not less than it, full insurable ~•xlue, but in no e~ent less than the amuunt secured b~ this murtgage. in a compan~• ur cum~~aniE~ acre~~t.ible tu the mortgagee, the pol- icy or policies tu be h~ld b~•, and paydl,le to. ,aid mortg~igee, and ii- the e~•ent .in~• ~um of mone~• becomes payable b~• t•irtue of such insurance the murtKagr~• shall ha~•e th~• right to recei~•e and ap- ply the same to the ind~btedne:~ hereb~• sccured. arcounting to the m„rtga~,-or for an~• surplus: to pay all costs, charges, and expenses, includinK la~~•~-er', fees and title s~•arches, re:isonabl~• incurred or paid by the mortga~;e~ berause of the failure ~-f the mnrtKa~ur tc~ ~-romptf~• and full~• comply with the agreements, ~ctipulations, conditio~iti and cu~~e~nant~ ~-f .aid n~,te and this mortKage, or either; in the e~•eut th~~ mortk:~~ur fails t~- pa~• ~~•h~~n ~lu~• :u~~• tax, :~~~es~ment, ii~.urance premium or other sum of money pa~•able L~ ~~irtue of saicl notE• and thi4 mortg:~Re, or either, the mortgagee ma~- pa~• the same, H•ithout H~aiving or affect"sng th~• o~~ti~m t~- furecl~-se or an~• other right hereunder, ancl all ~uch pa~•mentc shall t,ear interest from date thc~rt~~-f at the hi~he~t la~+•ful rate then allmsed bc the law•s of thc~ State of Florida. - IF an~• gum of money herein rcf~rred to t~e n~-t ~ir~~mptl~• pai~l ~~•ithin 30 da~•s next after the same bec~me4 due, or if each and even• the aRreements, stipulati~ns, conditions and co~~enan~K of said n~tc and this mortgage, or either. :~re not full~• perfnrmed, c~-mpliecl «•ith anc! abided b~•, then the erttire ~um mentioned in said note, and t his mortKaKe, or the entire balance unpaid there- on, shall f~rth~~•ith or thereafter, at the option ~-t t h~~ mortgaKc•e, b~come and be due and pa}•able. an~•thinR in said note or herein to the contrar~• n~~t~+-ith~ct:~n~linR. Failur~~ t-~• the mortgagee to exer- cise an~~ of the riAhts or options herein pro~ ided ~ hall n~~t c~~ntititute a~vaiver of an~• rights or op- tions under said note or this mortgage accrued ~~r th~r~~:~ft~•r accruing. s~-^,K 34~ PacE ,~j'Q _ Y ~ t t ~ ~ a r ~ ~ ~ -~..r4 _ _ ~ _.,, ,_.,_. . _... ..r., c _:... , . . _ ^~rs ~.a.~3.~~^ar. .