1992-20
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PROHISSORY NOTE
$4,500.00
Winter Par}c. Florida
September 18th, 1992
FOR VALUE RECEIVED, WILLIAM R. OLEYAR, a single man, the Maker,
hereby promises to pay to CITY OF CLERMONT, a municipal corporation,
the Payee, or order, payable at:
P. O. Box 120219, Clermont, Florida
34712-0219, the principal sum of FOUR THOUSAND FIVE HUNDRED AND NO/lOO
DOLLARS ($4,500.00) plus interest at the rate of ten percent (10%) per
annum on the unpaid balance until paid.
The principal and interest
shall be due and payable on or before one (1) year from date.
The Maker, or endorser, may pay any part or all of the unpaid
principal at any time before due without payment of premium therefor.
Should the sum herein provided be not paid within thirty (30) days
after the same shall severally become due and payable, then upon such
default the entire balance due hereon shall, at the option of the Payee,
become immediately due and payable and this shall be a continuing right,
not exhausted or waived by one or more defaults without or with consent
by the Payee.
And the Maker, surety and endorser, hereon severally waives
demand, protest and notice of nonpayment, and should it become
necessary to collect this note through an attorney, each of us,
whether Maker, surety or endorser, hereby agrees to pay all costs
of collection, including a reasonable attorney's fee.
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WILLIAM R. 0 EYA
(SEAL)
LEONARD H BAIRD, JR , ATTORNEY AT LAW, PO DRAWER 121066. CLERMONT, FLORIDA 34712
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BiJOK1188 PA~[2288
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92 54556
REC L7 C>O'ECEIVED FOR
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TF _9:":.,__nEXCISE TAXES
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OC---.,:nmnJAMi:S C, WATKINS
INT~ClERK,,6IŒ~O Fl
BY. L __..D.C.
This instrument prepared by:
LEONARD H. BAIRD, JR.
Attorney at Law
P. O. Drawer 121066
Clermont, Florida 34712-1066
(904) 394-2114
MORTGAGE
WILLIAM R. OLEYAR, a single man, the Mortgagor, in consideration of the
principal sum specified in the Promissory Note (a copy of which is hereto
attached and made a part hereof) received from CITY OF CLERMONT, a municipal
corporation, the Mortgagee, hereby on this 18th day of September, 1992,~~ íT~
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mortgages to the Mortgagee the real property in Lake County, Florida,
described as follows:
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SEE ATTACHED EXHIBIT "A"
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as security for the payment of said Promissory Note and agrees:
1.
To make all payments required by that Note and this Mortgage
promptly when due.
2.
To pay all taxes, assessments, liens and encumbrances on the
property promptly when due.
If they are not promptly paid, the Mortgagee may
pay them without waiving the option to foreclose and such payments, with
interest thereon from the date of payment at the highest rate allowed by law,
shall also be secured by this Mortgage.
3.
To keep all buildings now existing or hereafter constructed on the
land insured against damage by fire, lightning or other casualty for
their full insurable value by an insurer satisfactory to the Mortgagee making
the loss payable to the Mortgagee as the Mortgagee's interest may appear.
If the Mortgagor shall not do so, the Mortgagee may do so without waiving the
option to foreclose and the cost thereof, with interest thereon from the date
of payment at the highest rate allowed by law, shall also be secured by this
Mortgage.
If any sum becomes payable under such policy, the Mortgagee may
apply it to the indebtedness secured by this Mortgage or may permit the
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Mortgagor to use it for other purposes without impairing the lien of this
Mortgage.
4.
To commit, permit or suffer no waste, impairment or deterioration
of the mortgaged property.
5.
To pay all expenses reasonably incurred by the Mortgagee because
of failure of the Mortgagor to comply with the agreement in that Note and/or
LEONARD H BAIRD, JR, ATTORNEY AT LAW, po DRAWER 121066, CLERMONT, FLORIDA 34712
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this Mortgage, including a rea~onablé attorney's fee.
The cost thereof,
with interest thereon from the date of payment at the highest rate allowed
by law, shall be secured by this Mortgage.
BOOK 1188 PAGf. 2289
6.
If any payment provided for in that Note is not paid within thirty
(30) days after it becomes due or if any agreement in this Mortgage other than
the agreement to make the payments is breached, the entire unpaid principal
balance of that Note shall immediately become due at the option of the
Mortgagee and the Mortgagee may foreclose this Mortgage in the manner
provided by law and have the mortgaged property sold to satisfy or apply on
the indebtedness hereby secured.
7.
If foreclosure proceedings of any subsequent mortgage or any other
lien of any kind should be instituted, the Mortgagee, immediately or
thereafter may declare this Mortgage and the indebtedness secured due and
payable.
Signed, Sealed and Delivered
in the Presence of:
WILL«!{L£E!: 4
734 Dunhill Drive
Orlando, FL 32825
(SEAL)
STATE OF FLORIDA)
: SS
COUNTY OF ORANGE)
The foregoing Mortgage was acknowledged before me this 18th day of
September, 1992, by WILLIAM R. OLEYAR, who has produced a driver's license
as identification and who did not take an oath.
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..~~ F'Ue(;;-. OFFICIAL SEAL
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* ~ ~ PATRICIA F. PAYNE
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i . : My Commission Expires
*. : M(Y 20, 1996
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."':"~OFfL~:'. Comm. No. CC 202828
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LEONARD H BAIRD. JR . ATIORNEY AT LAW. PO DRAWER 121066. CLERMONT. FLORIDA 34712
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EXHIBIT "A"
BOOK 1188 PAC[ 2290
PARCEL #1: That portion of Lots 5 anð 6, Block 2, HOMEDALE
SUDDIVISION, as reoorðoð in Plat Book 11, Page 26, Public Reoorðs
ot Lakð County, Florida, deaoriboð aB tollowBr BEGIN at thð
Southeast corner of B~ið Lot 5; THENCE West along the Northerly
right-of-way lino of DoBOtO stroet, 50.98 foet; THENCE
N.OOD10'38"E. 137.50 feet to the North line of said Lot 6; THENCE
East along the North line of said LotD 6 anð 5, a distance of
51.49 feet to the Northeast oornor of said Lot 5; THENCE
8.00D23'21"W., along tho East line of saið Lot 5, a distance of
137.50 feet to the point of beginning.
PARCEL #21 That portion of Lots 6 and 7, Dlock 2, HOMEDALE
SUBDIVI8ION, as recorded in Plat Dook 11, Page 26, Public Reoords
of Lako County, Floriða, doBoribod aB follows! BEGIN at the
Southeast corner ot saið Lot 5; THENCE West along tho Northorly
right-of-way line of Desoto stroot, 50.98 feot to the point of
beginning; THENCE continue West along tho Baid Northerly
right-or-way line 42.67 teet; THENCE N.OOD10'38"E. 137.50 feet
to the North line of said Lot 7; THENCE East along the North line
of said Lots 7 and 6, a distance of 42.67 feet; THENCE
B.OoolO'3B"W., a distance of 137.50 feet to the point ot:
beginning.
MEMO: Leg1bl1ity of writing, .
hI . g or printing unsatisfac~ory In
.,pm ICfohlmed
this document when m
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PROMISSORY NOTE
.
BOOK 1188 PAGE 2291
. .
Winter Par}c Florida
$4,500.00
.
September 18th, 1992
FOR VALUE RECEIVED, ì..JILLIAM R. OLEYAR, a single man, the Maker,
hereby promises to pay to CITY OF CLERMONT, a municipal corporation,
the Payee, or order, payable at:
P. O. Box 120219, Clermont, Florida
34712-0219, the principal sum of FOUR THOUSAND FIVE HUNDRED AND NO/lOO
DOLLARS ($4,500.00) plus interest at the rate of ten percent (10%) per
annum on the unpaid balance until paid,
The principal and interest
shall be due and payable on or before one (1) year from date.
The Maker, or endor£er, may pay any part or all of the unpaid
principal at any time before èue without payment of premium therefor.
Should the sum herein provided be not paid within thirty (30) days
~fter the same shall severally become due and payable, then upon such
default the entire balance due hereon shall, at the option of the Payee,
become immediately due and payable and this shall be a continuing right,
not exhausted or waived by one or more defaults without or with consent
by the Payee,
And the Maker, surety and endorser, hereon severally waives
de~and, protest and notice of nonpayment, and should it become
necessary to collect this note through an attorney, each of us,
'ihether Maker, surety or endorser, hereby agrees to pay all costs
or collection, including a reasonable attorney's fee.
d/¿LI!: fJ
WILLIAM R. 0 EYA
(SEAL)
LEONARD H BAIRD JR, ATTORNEY AT LAW, po DRAWER 121066, CLERMONT FLORiDA 34712