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1992-20 8 8 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. ¡¡J dI1¡{ fI- WILLIAM R. 0 EYA (SEAL) LEONARD H BAIRD, JR , ATTORNEY AT LAW, PO DRAWER 121066. CLERMONT, FLORIDA 34712 ~. . ... (l ~= 0 In J r- >. c: ro a. E 0 u ~ ~ :t:: '¡:: 1--0.2 (IJ(IJU", -00 '¡:: a:: .::.! 0 .... G:~~ - -1 ro .... .... r-f Q1 E"E 8~~ Ö - E i .. 8 . BiJOK1188 PA~[2288 . l' - 92 54556 REC L7 C>O'ECEIVED FOR _'150 TF _9:":.,__nEXCISE TAXES D /5 76 - 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~ .- " ", mortgages to the Mortgagee the real property in Lake County, Florida, described as follows: " -: '; SEE ATTACHED EXHIBIT "A" "J ,-:> c: \ :-D t, -; ( 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 m 00 " C\J C\') 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 <=:;:) <:":I ..., 0'- c;.- --, , " C.J ..;;:: r.a.,) ,--. , ;=, ~ ~ -: ::ï <..Ò f"..) _:! ;7: ',~ . 8 8 , . 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. .....".. ..~~ F'Ue(;;-. OFFICIAL SEAL l' '. * ~ ~ PATRICIA F. PAYNE . . i . : My Commission Expires *. : M( Y 20, 1996 ."), ...ð- ."':"~OFfL~:'. Comm. No. CC 202828 ......- LEONARD H BAIRD. JR . ATIORNEY AT LAW. PO DRAWER 121066. CLERMONT. FLORIDA 34712 ': .. , . '. .' 8 8 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 , . . P"-" ( 8 ,í'.-" . . " . 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