HomeMy WebLinkAbout0938 . _ . j`, ; ~ ••~,;;~1
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r,na~drd ttttu~ that if aacid .1lfortpa~or ahall pa~ unto the aa.id .M'ort~c~~ee ~
~E~~~i~Y~~l~~plJl~~t~~0~ejc~kiuaYOdX~i4rOc fo~c~~ticic f~ic
~a~tx those certain promiesory notes o even da~te her~~ewith, oE wh ch
the following in words and fiqurea are true deacriptions: ~
.
$300.000.00, with interest from date at the rate of -0- per
cent~ per annum; due and payable in full on or before~Ja~uary 15,
1983. ~ .
` AND .
$1,430,150.00, with interest from date at the rate of 13 per
. cent per annum, on the balance from time to time remaining
unpaid, due and payable as followa: •
$221,304.02 whioh includea interes~at the aforesaid rate ~
_ shall be due and payable on the_,3- day of September, 1983,
? and a like payment of princi al an~ interest sha11 be due and
payable on or before the ~day of each and every year there-'..
after for a tot~l of fourteen (14) such annual paymenta= on or
before the .3"'~day of September, 1997, the 15th and final '
~ payment of ~~;301.43, which includes interest at the afore-
eaid rate shall be due and payable.
BOTH OF SAID NOTES MAY BE PREPAID AT ANY TIME IN WHOLE OR
IN PART, WITHOUT PENALTY. ~ ~
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. _ goo~ 578 PAGE 932
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an.cl shall perfo~m, complb with and abide by eaoh and evary the 'atdpulatlon.i,
acgreements, condition~ c~nd eovenant~a of aaid prnrrLiBaory not~and of th.ia deed, t~hen
~ this deed and tha e8tcate hereby ereated 8halt cea.se and be ntcll and void. ~
.~1t~1 the sacid JK'ortgac~or hereby covenanta cr,nd a,~rees:
~ .1. To pay a1t and 8zn~ular the prtneLpat a~r,cd interaa~ and o~her ~ur».a oj ~noney
payabte by virtue of said psomisaor~/ not~and th~8 d~ed. o~ either, promptly on tha
" dcxya respectivety ~he 8ame severally corrie due. ~
To pay all and sin~ular the taxea, aaaeaamenta, lev.ies, liab~litiea, obli~ationa
and encumbrancea of ~very nci~ure on said deacr~bed propert~ each and every, and ~
if the aam,e be not pro~nptZ~ paid tace ac~cid Jkfort~a~ea m,a~ a,~ any tirr~s pccy t~lie aaane
,w.~~t~~~~!~~~,~ ar~~~t~n~~ a~~t~ ~v ~Qr~ol~.a 9r~r~"~~~ ~Lp#
~~~~M~?1tN
~ pRyN~AN #q NiN~! R K~114lN~ ~'Ai~ ~ l~A
~~R~c~pQxxer~t~to~tic allowable under Florida law. tit .
f.C:d( ~'~s~
` 3. To pay ali and ainaula~ tha coata~~ ahcirg?ea an~i e~penaea. dncludin~ lawysr'a
feea, reasonably incurred or pa,id a,~ any time by acc~d .1~ort,~cc~ee beca~uae of th~e failare
on the part of the ~.ia~ JlSort,~ct~or to perfortn, com- wr~h acnd abid,~ by-taeh and
every the atipwlatio..~r, ajr~e»unta, condiaona and co..snanta of aaid rvrniaaory notas
; ~ m~r,d this deed, or either, and every such pmy»t~en~ ahall bear ~ntereaE ~rom date at t~e
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