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Home My WebLink About2923 ~ PROVIDED ALWAYS, that if said mortgagor shall pay unto said m~rtgagee the certain promissory ~ote hereinafter substantially copied or idea- tified, to-wit: "NOTE $16,000.00 St. Lucie Couaty, Florida Ja:~uary 25, 1990 THIS IS A BALLOON MORTGAGE AND THE FINAL PRINCIPAL PAYMENT OR THE PRINCIPAL BALANCE DUE UPON MATURITY IS $16,000.00, TOGETHER WITH AC- i CRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MADE BY THE MORTGAGEE ' UNDER THE TERMS OF THIS MORTGAGE. FOR VALUE RECEIVED the u~dersigaed promises to pay to the order ~f CARL L. MASZTAL, or his heirs or assigns, the principal sum ~f SIXTEEN THOUSAND AND NO/100 ($16,000.00) DOLLARS, together with i~- terest thereoa fr~m date, at the rate of :?ihe (9.008) per ce~t, per , a~:~um until. maturity, being payable i~ lawful money of the United States or its equivalent, at: 1481 N. W. North River Drive, Miami Florida 33125, said pri7cipal sum to be payable on the dates and i~ j the amou:~ts specified below, to wit: Payments of interest only i~ the ~ sum ~f $120.00 0~ the 25th day ~f each and every month, beginaing on ~ the ~5th day of February, 1990, a:~d co~tiaui~g until January 25, 1991, ! at which time the pri~cipal sum of $16,000.00 together with accrued j interest, shall become payable i~ full. ! Each maker a:~d e~dorser severally waives dema:~d, protest and ~o- tice of maturity, :~o:~-payment or protest and all requireme~ts aecessa- ~ ry to hold each of them liable as makers and e~dorsers. E Each maker a~d e:~dorser further agrees, j~intly a:~d severally, to ~ pay all costs ~f collection, including a reasonable att~rney's fee i:~ case the principal of this note or a~y payment on the principal is nnt i paid at the respective maturity thereof, or in case it becomes :~eces- ~ sary to protect the security hereof, whether suit be brought ~r ~ot. ~ This aote and deferred payments shall bear interest at the high- est lawful rate allowed by the laws of the State of Fl~rida if aot ~ paid within 30 days whea due, and fr~m maturity until paid. ~ This note is secured by a First Mortgage of even date herewith ~ a~d is to be construed and eaforced according to the laws of the State ; of Flnrida; upon default ia th~ payment of principal due on this ?ote ~ secured by said Mortgage, the note so secured and remainiag unpaid . shall f~rthwith bec~me due a:~d payable a~twithstand- ing its tenor. /S/ BRENDA ALDERMAN" a~d shall. perf~rm, comply with and abide by each and every the agree- me:?ts, stipulati~as, conditions aad covenaats thereof, a~d of this m~rtgage, the~ this mortgage and the estate hereby created, shall ~ cease, determine a:~d be aull aad void. g 3 ~ AND the mortgag~r hereby further coveaa:?ts and agrees to pay promptly ~ whe~ due the principal and i~terest a~d other sums of money pr~vided BOOK 67't PacE29~3 ~ ~ - ~ { ~ ~ ~ ~ - _ ~ 1~~~~~~~~~~