HomeMy WebLinkAbout0918 :
. _ _ _ .
aMOUNT ILOCATiON OATE `
~ s Sl900.00 1 Fort Pierce. Flotid8 cletc~hE±r lA~ 19RL
FOR VALUE RECEIVED. tha und~niqrwd, 41oa~tlY and s~+?lrslly, ii mon thsn on~) promi~t~ to pay to
Marla K. Flesher n/k/a Marla K. Brandy and Dale R. Brandy, her husband
o~ erder, in the mannar hersinafter specified, the principal sum of
Eight thousand nine hundred and no/100-----------------------------~s g 90p~ p0~~ ~
~V~th interest from dste at ths rate of 12x ps~ cent, per annum on the balance from time to time rem~ini(~ ur~paidcTFis said principsi
a„d interest shall be psyable in lawful money of ths United States of America st 301,~~ ~•L~ ~ 5• a~~~~~.r~~Y~~ ,~1 \O( ~C~G
or at such place ss msy hereafter be designated by written notics from the holder to ths maker hareof, on the dste ~nd in the msnner followiny:
'1'4iis note is payable as follows:
Principal and interest is payable in equal installments as follows: Beginning on ~
tiovember 18, 1984, the sum of $108.02, and the same amount on the same day of each
r:~onth, in each year thereaft~r, until the entire principal sum, together with interest
as herein provided, has been paid in full.
In addition to the payment provided for above, the entire principal sum, remaining unpaid
;.egether with accrued interst reamining unpaid shall be due~nd payable on ~O~St.L. ~`b• ~9~7
wtiich final payment shall be in the amount of$ ~Q~ 3Rrl. O .
t'!~is note is ~ayable in whole or in part at any time without penalty. _
. .
~ ~ .
~ .
_ ~ - . .
This note with interest is secured by a mortgage on real estate, of even date
herewith, made by the maker h~of in favor of the
sa:d payee, and shall be construed and enforced according to the laws of the State of Florida The terms of said mortpage
are by this reference made a part helspf.
If detault be made in the payment of any of the sums or interest mentioned he~ein or in said mwtgage, ar in the performsnce
of any of the agreements contained herein ar in said mortgage, then the entire principal sum and accrued interest shatl at the option of the
~o?der hereof become at once due and collectible without notice, time being of the essence; and said principal sum and accrued interest shall
batti bzar interest from such time until peid at the highest rate allowable under the laws of the State of Florida Failure
to exercise this option shall not constitute a waiver of the right to exercise the same in the event of any subsequent default.
Each person liable hereon whether maker or endorser, hereby waives presentment, protest, notice, notice of protest and notice
~f dishonor and agrees to pay all cosu, including e reasonable attorney's fee, whether suit be brought or not, if, after maturity of this note
~ cr default hereunder, or under said mortgage, counsel shall be employed to collect this note or to protect the security of said mortgage.
~ Wherever used here in the terms 'holder', 'maker' and 'payee' shall be construed in the singular or plural as the context may
~equire or admit.
; MAKER'S AODRESS ~,~„Yt~~~ ~ ~ ~ ,
E ~Ly'?r
~ Norman A. Laing t E a H. Laing Q
;
f AND the mortgagor hereby further covenants and agrees to pay promptly when due the prin-
E
i cipal and interest and other sums of mone~~ provided for in said note and this mortgage, or either; ;
~ to pay all and singular the taxes, assessments, levies, liabilities, obligations and encumbrances of ;
~ every nature on said property; to permit, commit ur suffer no H•aste, impairment or deterioration ~
; of said land or the improvements thereon at any time; to keep the buildings now or hereafter on ~
E said land fully insured in a sum of not less than its full insurable value, but in no event less than the ~
~ amount secured by this mortgage, in a company or companies acceptable to the mortgagee, the pol- =
~ icy or polic:es to be held by, and payable to, said mortgagee, and in the event an~• sum of mone~~ i
~ becomes pa~~able b~• ~•irtue of such insurance the mortgagee shall have the right to receive and ap- '
~ ply the same to the indebtedness hereby~ secured, accounting ta the mortgagor for an~~ surplus; to ~
~ pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred ~
~ or paid by the mortgagee because of the failure uf the mortgagor to promptl~• and full~• comply
' with the agreements, stipulations, conditions and co~~enan~s of said note and this mortgage, or `
~ either; in the event the mortgagor fails to pa~• ~~•h°n due an~~ tax, assessment, insurance premium or
other sum of money pa~•able by virtue of said note and this mortgage, or either, the mortgagee ma~~
~ pay the same, without «•aiving or affecting the option to foreclose or an~~ other right hereunder, and ~
~ all such paymen~g shall bear interest from date thereof at the highest law:ul rate then allo«~ed b}- _
t
~ the laws of the State of Florida.
IF an~• sum of money herein referred to be not promptl~• paid K•ithin fifteen days next after
the same becomes due, or if each and ever~• the agreements, stipulations, conditions and covenants
of said note and this mortgagQ, or either, are not full~~ performed, complied ~~~ith and abided by,
then the entire sum mentioned in said note, and thic mortgage, or the entire balance unpaid there-
on, shall forth«~ith or thereafter, at the option of t he mortgagee, become and be due and pa~~able,
anything in said note or herein to the contrary not«~ithstanding. Failure by the mortgagee to exer-
cise anp of the rights or options herein provided ~hall not constitute a waiver of any rights or op-
~ tions under said note or this mortgage accrued or thereafter accruing.
~
f
~ - - ~~~K 446 4~:,E 917
L
L ~
E.~~~... -~~~;A: ~'.rct~at-~ ~,A~'~._ _
- - . ~~'G`ti~~ -