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Home My WebLink About0969 _ . . ~t ~ 8S° ? R~c«~ /~p•_ In Paym~nt pf/ Taxy " Oue Qn C:~ lnta Ip1~ ~ Pu?suant To Chapter 7~134 ~r~~~ Pro~rty, " ` , . ~ 1~71. UlVIT 1NEEK ~F; UN(T ~--2 ROGER wiTw~s c~ UNIT WEEK_ UNIT Cl~rk Clr~t ~R SC lYC~, ~v~~ - MORTGAGE~NOTE $ 5, 850. 00 Springf ield, VA ',r ' jy(grrh Si 1 AR(i , 19 t FOR VALUE RECENED, the undersigned jointly and severally promise to pay to the order of TURTLE REEF ASSOCIATF~S, INC., a Flo~ida corporation, (hereinafter. tpgether with any st~bsequent holder hereof, ~eferred to as "Holder~, whose principal address is P.O. Box 1588. Jensen Beach. Florida 33457, without grace, the principal sum of Fiva Thousand Sight Rundred Fiftp ~ 00/10~ ppLLARS Fi teep ~ Nine Tentbs 5 ~ 850 .~0 together with interest thereon at rate of percent 15 . 9 96~ per anny.m, in monthly installments of One Hundred FiYteen 86/100 DOLLARS 1~ ~~6 payable monthy on the first of each moalh, beginning on such date as may be directed by Holder, but in no event Iater than 120 days from the date hereof, and each consecutive month thereafter until paid in full. No interest shall accrue hereunde~ prior to the recording of the Mortgage of even date he~ewith or90 days from the date hereof, whichever shall first occur. All installments or payments shall be first applied to interest accnaed and the balance thereof to principal. The entire remaining principat bala~ce outstanding hereunder, if not sooner paid, shall be due and payable in ful{ g`~ months from the date of the first payment called for hereunder in accordance with the terms and conditions hereof. This Note may be prepaid in whole or in part at any time without penalry. If any payment of principat interest called for hereunder is not paid within ten (10) days of its due date, Borrower agrees to pay a late charge equal to either five percent (596) of any such installment or Fve Dollars ($5.00), whichever is greater. In no event shall the amount of interest due or payments in the nature of interest payable hereunder or under any mortgage security agreement securing this Note. exceed the maximum rate of interest atlowed to be contracted for by applicable law. as changed from time to time, and in the event any such payment is paid by the undersigned or received by Holder, then, such excess sum shall be credited as a payment of principal, unless the undersigned shall notify Hotder, in writing, that the undersigned elects to have such excess sum retumed to it forthwith. ~ i ~ Time is of the essence of this Note and, in case this Note is collected by law or through an attorney at law, or under advice therefrom, the undersigned agree to pay all costs of collection, including reasonable attome~s fees, which fees are deemed to incfude, but not limited to, all fees incurred in all matters of collection, and enforcement, construction and interpretation, before, during and after suit, trial, proceedings and appeals, bankruptcy proceedings or creditors' reorganization or similar proceedings. All persons or corporations now or at any time liable, whether primarily or secondarily, for the payment of the indebtedness hereby evidenced, for themselves. their heirs, legal representatives, successors and assigns, respectiveiy hereby expressly waive any presentment, demand for payment, notice of dishonor~ protest, notice of nonpayment or protest, diliger.ce in collection, and do consent that the time for all payments or any part . thereof may be extended, rearranged, renewed orpostponed, and further consent that the collateral security or any part thereof may be released, exchanged, added ta or substituted for without in anywise modifying, altering, ~eleasing, effecting or limiting their respective liability hereunder or the lien of any security instrument. If more than one party shall execute this Note, the term "undersign8d", as used herein. shall mean all parties signing this Note and each of them. who shall be jointly and severally obligated hereunder. This Note is secured by a Mortgage of even date he~ewith upon real property in the State of Florida `7'~~~6 ~ ~ _ ~ , - = fir't' ~ 5 ~ 9 ~5~ ~ ~ (SEAL) ~ Eddie Sturgill ~ f i~..- , - _l~ ' ~ ROGcft • ' , 3 ST. LUC~c . • t~ ; f ,UL'ri ~ t ~f g ~ ~ (SEAU = ~ i ~ i3renda L. Sturgill ~ ~ ~ ~ Fsr" - - - - - _ : _ ,