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HomeMy WebLinkAbout0044 ! I ~ ' ~ ~ _ ~ i ~ ~ T . ~ ' ~ ~lcxida Nof~ : • . . ' : ftxed Monthiy lr~stc~ll~+n! ~ ~ ' IVI~RT~3A~L NOTE ~ . ~ , . ; ~ ~ 1r6r~0~0.C0 Jackaonvlllej Florida ~ ,19 ~ , ~ i ~ F`OR ~ALUE RECEI~Do the under~tgned jointly and severally prnmiee t~ p~?y ~o the order of ~ . GUI~F LIFE INSURANCE COMPAI~TY~ ~t ite ofli~e in the Gult Life Buitdtng, J~cksomvtlte, Florids, ; or at such other address as 'the holder irom time to time may apecify by writton notice to nuker~ fihe ; ~rInclpai aum o! 8i~ ~'iV+~ 8t~ ~q4d ~t0~~A0+~•?•~~«~Ow~~wNwrwl~ry~wwww~a+r ~ . i ~MaewMfM~~rwRwwM~M~MMlMI~~~~MOww~Ne~~w~walwM.~~{~:~ ~~~~~QQ . AW qA+twM+irt~~MwsM~1r~+'i~'++^+f together ~vith interest at the rate of ~d ~"4~~~p~r centum (*~9J~+y6) per ~nnwn on ~ the whole amount o! a~id princlpal sum reinaining from ~ime to time unpaid, irom date untll maturity~ ' ~ both said princlp~l aum and intereat being g~yable in IawfuY money of the LTnit~d Sta~ o! A~erlca ; 4`°` , ia menth3y iu$tallrnents on t~e datea and in the mauner aa follows: ~ ` ' 3~5•8g ) Dollara payable on the ~i~ . ` , da,y o! each and every month, beginning with the day of ,~q~tter,i~ ~ 28 6~j ~ aald pay- ment each month ~o be applied~ firat to .the; payment of ~interest .theu, atxreted on :eaid princip~l a~m re- . main~ng ungaiw, and the balance ~pplIed to.the reduct.Ion o! said principal aum,.unt~l thQ.~+?hole oi aaid , principal sum, tcrgether rvit~h intet°est that shaU become due upon;decreasing amounte thereof, a~aa11 have : been fullq paid. . . . . • ~ ~ _ ~ • - . . , . . . . . , , . . . . . . . . , . Optiqn ie gran+ted to mAker ~ereoi in each ye~r a! the H!e o# thi~~mortgage note, to make, withou~ pen- ~ ~tty, p~ayment~ og ~100:00 or mul~tiplee thereof, on the principal hereol, in additioa to the regular month- ~ ~ ly paymeuts apec~fleci herein; provided auch add~itional paymenta do aot in ~he aggregate, eaceed 16y6 of the original principal sum oi thi~ note. The right to ex~r~ise euch o~tion ia non-cumulstivo and ~f tt?e optlon ia not sxercised or not exercIsed in full in a p~?rtic~l~r year, such additional paymenta pe~nitted ~ ~ in such year cannot be made in any aubsequent year. hlaker also ~all be entitled to malce further pay- ~ ~ ments on the principal i~e~eof, provided that, during the flrat five-year period after date hereof, a pena~ty ~ - o! 8 qo sha11 be charged on any auch pay~ments iti any year in eaceaa of t egalmr rrion~ly p~ynae~ta and ~ payraents ag~regating lb y'o af the origInal prineip~l sum ~n any su~h year. After flve yeara frnm the date hereof, add~ttonal payments of ~100.00 or multiples ~hereof, nr prep~yA,ent in tull, map i~e made ~ without p~nalty. . If detau~t be made in the p~?yme~t oi any of ~aid monthly instalimeuta, euch aum or auu~s ahall there- ~ after bear intereat st the rate of eight per centum per annwn until paid~ aud, at the option of the holder ' hereof, the entire principal awn_ tben ren~ining unpaid with ~ccrued interea~ a~eU i~uaediately become - due and payable without notlce (time being ot the es~ence hereoi) and shall thereaiter likewi~e be~r ' ' . interest ~t the rate of eight per centuw per annum. Fatiure to exercis~e tb.is option shall not canatItuts a... ~ ~ waiver of the right to eacercise such option in the event oP any subaequent deiaul~ - The m~]cers and endorsera fiereof each ezpresaty~ walve preeent~tnent, prn~est, n~tt~ or ai,~onor ~a ; notice of prnt~est and agree ato pay all oast~, inctuding a reasonable ~ttorney'a fes, w~ether buit be brought or not, if after maturity ot this note ar default hereunder counsel ahall be employed to oollect ~ thla note or auy tnonthly installment due hereunder, and coneent that t~e holder hex~ol, at the requeat ~ J of an~* other peraon liable hereon, may extend the t~ime ot payment or otherwise modify the terms o! pay- ~ : ment of any pait or the whole of,the debt evidenced hereby and euch consent shall not al~ter nor ditnin- ~ ~ ~ ieb the llability o# uny person. = ~ Tt~s note ia secured by mortgage on real estate o! even date herewith ~'~~C? ~ P. 0. Address: - (9EAI,) _ . . ~ ~ . . . : . _ ~~~~~-.~....~.:....~~~.....cs~~.~ - , Kathleen M. arose : ' Endor~rs : ~ . . : . - ' . ' . ~ . : ~ , . - . ~ . ~ ~ ~ . ~ , - ~ - - . •J ' • . . ~ . . ~ - . . _ ~ ' ~ ~ ~ . . ~ ~ , ~ j . ~ ~ IA StR~ t~OCiitACALR~'y a~il~ ~ ~ . . . R s~xed to original Not~e and catncelleA. ~ . . . - ~ . . ~ _ . . Qn~K ~ f'Af~E . 6~ ~ ~o~u ~o~ ui~ . , , ~ _ ~I ~ . _ . , _ ~ . . . . ' ~ _ ~ . . ,