The URL can be used to link to this page

Home My WebLink About0974 L,,~° ~ * RlQ~Mb In Payment 01 TaxN n . DYf On C~ae~ •'C„ ~n~n.,W.~ lyrsonal Prop~?ty, ~7 ' f+~ ~ur~uenE Ta Ch,~-~r~l. 134, ncis 0~ 1971. UNIT WEEK_____`~ UNIT D-9 ROGER P~ITRAS ~ Chrk Ctrcutt CpytL aL LycN„ Coy ~h~y UNIT WEEK UNfT . :i , - , , . ~ q 3~ . MORTGAGE NOTE $ 6,?~.00 ~nrin¢tield, ~A .fia~bda April 1?, 1986 , 19 FOR VALUE RECEIVED, the undersigned jointly and severally promise to pay to the order of TURTLE REEF ASSOCIATES, INC., a Florida corporation, (hereinafter. to.Qether with any subsequent holder hereof, refe~red to as "Holde~'~, whose principal address is P.O. Box 1588, Jensen Beach, Florida 33457. without grace, the principal sum of _ Thoueand Two Hundred ic 00/100 DOLLARS F~ teen k Nins Tenthe 8, ~00.00 together with interest t ereon at the rate of percent (~-5.9 _y~,~ per annum, in monthly installments of OAe Huadred Twenty T'wo ~ 79/100 DOLLARS Y2'2.79 payable monthy on the first of each month, beginning on such date as may be directed by Holder, but in no event Iafer than 120 days f~om the date hereof, and each consecutive month thereafter until paid in full. No interest shall accrue hereunder priar to the [ecording of the Mortgage of even date herewith or90 days f~om the date hereof, whichever shal! first occur. Ati installments or payments shali be first applied to interest accrued and the balance thereof to principal. The entire remaining principal balance outstanding hereunder, if not sooner paid, shall bedue and paya~ley~fulf 84 months from the date of the' first payment called for hereunder in accordance with the terms ann conditions hereof. 7 This Note may be prepaid in whote or in part at any time without penalty. ~ 7~ If any payment of principal interest called for hereunder is not paid within ten (1(}~.~~s of its due date, Borrower ag~ees to pay a Iate charge equal to either five percent (5%) of any such installment or Fve Dollars {$5.00), whichever is greater. r In no event shall the amount of interest due or payments in the nature of intersst payable hereunder or under any mortgage security agreement securing this Note, exceed the maximum rate of interest allowed 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 shalf be credited as a payment of principal. unless the undersigned shall notify Hotder. in writing, that the undersigned elects to have such excess sum returned to it forthwith ` i ~ I' Time is of the esse~ce of this Note and, in case this Note is coliected by law or through an attorney at law, o~ ~ ; uncier advice therefrom, the undersigned agree to pay all costs of coflection, including reasonable attorneys ~ ` fees, which fees are deemed to inctude, but not limiteri to, all fees incurred in all matters of ~ollection, and , enforceme~t, construction and interpretation, before, during and after suit, t~ial, proceedings and appeals, ~ bankruptcy proceedings or c~editors' reorganization or similar proceedings. ~ ~ ~ ~ All persons or corporations now or at any time liable, whether primarily orsecondarily, for the payment of the 6 indebtedness hereby evidenced, for themselves, their heirs. legal representatives, successors and assigns, ~ respectively hereby expressly waive arry presentment, demand for paymentj notice of dishonor. protest, notice € of nonpayment or protest, diliger.ce in collection, and do consen~ that the time for all payments o~ any part 4~ ; thereof may be extended, reananged, renewed or postponed, and further consent that the collateral security or ~g any pa~t thereof may be released, exchanged, added to or substituted for without in anywise modifying, altering, ~eleasing, effecting or limitin~ their respective liability hereunderor the lien of any security instrument. ~ ~ ~ ~ ~ If mo~e than one party shall execute this Note, the term "undersigned", as used herein, shall mean all parties i ~ signing this Note and each of ft?em, who shall be jointly and severally obligated hereunder. This Note is secured i ~ by a Mortgage of even date herewith upon real property in the State of Florida ~ ~ - ~'85 t'_~ 1 i 5 A 9:55 ~ ~~5~ ~ ~ f ~l..it' . . ~ ROuEK . (SEAL) f ST. LUCIE C<~;iN ~ AntY~o y C. Turner , ~ ! & . ~ ~ ~ _ (sEAL) ~ ~ gpp~ ~ PAGf a~~ ~ ~ ~ . - - - _ . _ _ _ - ~ ~ a ~