HomeMy WebLinkAbout0925 i
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, nor~. iN. thi+ty~ hT~ ~'~~'~w ~4~d~ • 6EMINOLE FORM )7 I
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Mortgage Note ~ ~ ~
; 8,950.00 . _ Stua~.C ,Ftaida.. _._.Jl1~Y /L~~_195~ ;
fOR~VAtUE RECEiVED tM undeniyr»i p~omises ro psy to th~ order o(
Williau~ A. Jackson .Kathryn~-~~`1i. Jaekso~, ...his _wife _ _ _ ~
~-z wm .Eight....Thausand .Nine _Hundr.ed ..Fi~.Cy... ~ _no./100..... ~ _ ...........no~i..~ {
+cgetFe~ w~th infer~st fha•~on af fhs rat~ of. .?+.G'.X'Q...._......pK cMt pM annum }ronf
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T.arunty, both pnnciCal snd infM~st bsir?p WY~b1~ i~ uwfu~ Mon~y ol tM Uni1W S~ates, wch principal wm and iMK~st psyabt~ in in9sllments ss toibws: ~
This obligation shall become due upon
the sale of the real property which
is described in the mortgage given as '
security herefore.
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A reconveyance of the property without _
consideration is not deemed a sale. i
Such installment psynror~ts shsll b~ sppli~d firsl fo tA~ int~r~s1 accruiny under tM terms d fhis nob ~nd fhen to s r~duttion d tM ptincipal ind~W~dr»ss. ?
Ihe makers ~nd ~ndorsers of this not~ fixtMr ayrK Io w~:w demand, rw1~c~ 01 ~or?-p~ym~nt and pWUf, and in 1M ~v~nt suit shall b~ brouyhl fw fM
co':iec~~o~ he~w(, w 1M sam~ hss to b~ coll~d~d upon d~en~nd d an attwr»Y. to par r~asoeybb ~ttorn~y's fws la n+skinp wch cdbctan. Ali psYmrsts M?~-
c^~ee shal) b~ar inleresf at fh~ rate of..ZerO..p~rcent pK ~nnum hom msfurity unf~l pa~d. This not~ is s~cur~d by ~ mwt +
9ay~ d w~n da1~ hK~wifh s~d is to
ba co~s+rued snd ~nforced ~ccordin9 lo ~he laws d IM Slat~ o~ Florida; uFon d~fauh in tM paymenf of principal snd~or int~rtsl wMn dw, fM whob wm d _
pnl and iMarest remainin9 unpsid shalt, al IM option o( fM ho4ders, oeeome immsdistety due srtd payable. F~i1ur~ lo ~ze~cis~ this option shall no1 constiful~
a..a,.er oi the righf to sxercise th~ sarr» in IM ~vent of wbsequent dslault.
: _.,,~e a~ ._VIP ...Con tr.u.cz.i.o.n_. x.p.s~ .a.~ion . ......~SE~u .
. . . _ _ . .
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_ _ . . . . _ _ By: "7 -
- ohn T. Black, President
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~ s,:c~. orhe~ place as shall be ...............(SEAi) ,
~es c~a~ed by the ho~der o( this
~ . w.~i~ny. _.~SEA!)
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