HomeMy WebLinkAbout0948 _ ~ _ T
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: ~e t~~ aowN. topethr? wu~ t1« ~~i~~Ns. and ap~pwt.-
nonc.s thmto b.lo~ging. ond tlr. r.na. ts~usa and projtt, th.n.o/. aneo n~o~.e. tn ,t~e.
~ tl?~ moNgogw covenonb with tl~ nwrtgog~ thot el~ mortpapor ts 1nd~j~aa~blp set~d oj m!d
land tn (eo :tmp[s: ~I~e el~ ~e~or G~ ~d .+~bi ~d 1~/u! suti~orit~r to c~onw~r ioad land a ojon-
:~d: tlwt tIw mortgagor wiU maTee suc~i ~urthK atsura~cw to ~{~ce el~. J« ~+~r,b aeG ro.eid tond in ei~. .
n~or+9~e as n~ay roasonably be n~qutryd: el~e ~I~s m«ts~o. f..e~y f~uUy warrants tla Nt~ to said jend
and wiU dejend tTie swn~ agatrut t~ie tawju! clntms o~ aU p~nor~s wliowuowK; n+?d that sdd land is (rw
~ ~d o/ al! e?~um6~, sub~ect to ad val orem real property tdxes for.
; the year 1983 and subsequent years.
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~COU~ ~~WA~S, that i~ a~d more9~or shat! pay un~o ~td ~wre9~.. el~ c.re~r,~ ~omis-
sory nofe ~ereinaf
ter stt6.ttantially oopiecj or edentif
isd. !o-wit: : ~
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, : • s - PROMISSORY NOTE ~ - _ , , - _ - - - .
_ . .'Y~»~~~:~.;~~.-~;~,~~;,.~~~~r:~~:~;3-.~. ,:.~~s~-::~~- Fort Pierce; Florida=
Q ~ - r~ii n A , _ _ _ ,
. _ . . . . - . . - _ . November 1~0; 1983 ~ _ .
For value received,~I, we or either of us, promise to pay. without defalca-
• tion, to the order~, of FLORIDA NATIONAL BANK, 50j Orange Avenue, Fart Pierce,~_.
fl orida, tfi~ sua of =44,000.-00 with interest from date at the rate .
of~ 12•5~`~`~V x per annuA n- ~ - monthly insLallments as- folloMS:
_ ~~Tn the ~ Oth day
o~-~ i3e m - 983 , and a 1 i ke_ ~
sum
on the correspon ng day of eac mont theraa ter, rrith a final
balioon payment to be made upon the lOthday of ~{ovember ~ ,~19$~-
in the amount of ;43,757.00 - . ~ . .
Each installment f'trst shall be applied in payment of the interest and then-
~ on the unpaid balance of the principal sum. If default is made in the pay-'
; ment of any installment when due, and such default continues ~ days,
f then at the optio~n of the holder, and without any other notice, a 1 the
remaining installments shall be due and payable at once. Privilege is
~ given to prepay this Note in whole or in part at any time without penalty.
Neither forebearance, nor-acceptance by the holder thereof after any de-
fault in payments~hereon shall be deemed an extension. A late payment
charge of ~ 23.74 shall be added to each installment remaining unpaid
days after tts cTrue date, and a like sum shall be added to each such in-
stallment remainin~g unpaid 7 days after each succeeding payment date.
Each maker, surety and endorser hereof, ~ointly and severally, waives
demand, presentment, protest and Notice of protest for nonpayment, and ~
further agrees to any extension of time af payment-~ either befare or =
after maturity, without notice to-any of us; and ~o pay al~l costs of 3
collectzon, including a reasonable attorney.'s fee for any and all pro- ~
ceedings, appellate or otherwise, in the event of any default hereunder•,
ar~d hereby severally waives all benefit of homestead and exemption~under.
~ ' the constitution and laws of each State of the United States, as agai.nst
~ this~obligation or any extension.or renewal hereof. :
6 WItNESS the hand and seal of each party. `
;
~ /sj Arnold Baslow
; , Arnoad Baslorr ~
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