HomeMy WebLinkAbout2933 ~
11tORTGJIGE NOrIE
f 18, 000 . 00 .SJ . ~990
. January
P~R VALUE RP.~IVP~. tAe undeisijnod, (jaatlr aod :ev~cnlhr, it raooe than oae) prnmiies to pap to
ODELL T. MOORE,
, or order, in tAe rtunner AercimRer speciGed, the principal sum ot
-----------------EIGHTEEN THOUSAND AND NO-------------------------/lOODOLtwRs
(3 7.8, 000. 00 )~tb ioisrat from date ~t tbe rale W ten pcr cYOt per aanum oa tAe balance from time to time ~+emainint
anpdd~. 'I1s nie pri~cip~l and incec+est sbau ee ps~r~Dk in ~a~t~t moeey at tbe Uaiced suta ot wmeria at 3 9 7 4 Owe n s Roa d,
P. O. Box 1417, Green Cove Springs, FL 32043
or at wch ptace ac e~r beceatter be desi~?ated ~y wriUea notice from t6e AoiOer to ihe maker hac~f, on
tbe date and i~ t~e w~er bGowin~
Principal amount of Eighteen Thousand and No/100ths Dollars ($18,000.00)
with interest at the fixed rate of ten (10) percent per annum, payable
as follows• Interest only payable monthly, with the first such payment
due on o2S~ January, 1990. Such monthly payments of interest only
shall ~ontinue on the 20th day of each month thereafter until May 15,
1992, at which time' the entire principal balance and accrued interest
shall be due and payable.
The Makers reserve the right to prepayment at anytime without a penalty
fee.
'iltis note witb interest is securod by a morig~e on real esiate, at eren date hemwitA, made by tbe m~er benof in favor of the said
p~yee, and sha11 be coostrued and entorcai acroMioa to the taws of tbe Statt af Florida
It defauh be anade in tAe psywent of any o( t6e wa~e or interest mentioned Aeecia or in said mortgpae. or in ~he performanc~e of
a~~r ot the a~recmenu cantained bereip or ia ss~d mort~e. tben the eatire o~cipd ww a~d s~rruod intersst shall at the opion of ~Ae
hdder heroof" bom~ae at onee due aud solkctibk without aotice. time bein~ of ~be esseaa; aod said ptindpal wm and socrued mterest
sUW botb bcar interest from saA time until paid tt tbe Ai~be:t rate alloxabk wdet ~be I~s d tbe State af Rlotida. Faifure ta exercise
tltic optioo tAalf not oo~titute a wrai~er of tbe ri~t to e:err'se tbe wae in tbe eve~t d a~ryr wA~eqre~t detauh.
Fxh petsoa liatik lwc~oo ~betber msker or endor~er, bereby ~raives pe+eseotmest, pnotat. ~otia. naice of protest and notice of dis-
booor aad a~coes to py all mett, includu'~ a reasoaable anorneys ke, whelder wit be Deou~t ar aot. if. atter ~natunty of lhis note or dcfault
6eteunder. oc under ssid osottp~e, counsef s6aU be en~played to odket this note or to protect Me s~crritp at said mong~e.
1Vheaev~er uKd Aereia t6~ teca~s 'boide~. 'mattr' and 'payce' shall be constrved in the siesul~r w plural ss the context may
~ nequire or sdeoiG
Mater's Address
~ 106 Yatch View Lane James M. Cothron
r Fort Pierce, F1 34946
~ (sea~)
~ Frances E. Cothron
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