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HomeMy WebLinkAbout2555~ ~~ +ST. LUCIE CQUNTY. FLA. 30 ~ ~ the saww, fogetk tamenb and appurte- nances thereto belonging, and the renb, issues and prof ifs thereof . unto the mortgagee. to fe+ simple. the marfQagor covenant, with the wwrtgogee that the mortgagor ra indefeasibly seised of veld land in fee simple: that the mortgagor has good right and lawful authority to convey said land as sf un- said: that the mortgago- will mate such further assurances fo perfeN the fee simple title to saki land in the mortgagee a may reasonably 6e required: that the mortgagor hereby fully uwn~anta the title to sakl land and wiU defend the same ogdnst the lawful claims of all persons whomsoever: and that said land is fne and clear of all encumbrances •~p; ~~ aeaiittt~d tirtK aolitt+~. ~~~ gS, that if said mortgagor shall pay unto said mwrtgogee the certain promis- sory note hereinafter substantially copied or identified, to-wit: fort Pierce, Florida, _..~ Jtlilwie~ ~t+ , ~ 9 ~L For value received, I, we, or either of us, promise m pay without defalcation, to the order of HARRIS Florida, the sum of a LO~aM+eNi+~+r with CONSTRUCTION CORPORATION, qt their office in Fort Pierce, interest from date at the rate of ~ 9L per »nnum, in monthly instaNments as fdiows: ~ ~ ,~~~ on the ~~ ~ day, of ~~ ~~ end a like sum on the oon-esponding day of each like suoaiedinR month thereafter fdr ~ periel of _ months, at which timethe entire unpaid balance becomes due and payabb orld~end. A late payment charfle of s ass ,shall be added ~to each payment remaining unpaid 7 days after its due date. Each installment first shall be applied in the 'psyment of the interest and then on the unpaid balance of the principal sum. If default is made in the payment o'f any installment when due, then at the option of the holder, and without any other notice, all, Chet remaining. installments shall be due and payable at once. Privilege is given to pay two or more installments at any it,stallmsnt rnefiirity date, but this shall not extend the time of maturity of any subsequent installment. Neither forbearsnce, nor'gcteptance by the holder hereof after any default in any payment hereon, shall be deemed.ektensbn. Eath maker, surety and; indorser heireof, jointly, +Ind severally, waives demand, presentment, protest and notice of protest for non-peyment, pnd further egress tci. any extension of time of payment, either before or after maturity, without notice to any of;ufs:atid to pay atl.oatsi pf oollaKtion, including a reasonably sttorney's fee in the event of any defauM hereurukr, and hereby severally Wsaives all .benefit of homestead and exemption under the Constitution and laws of Ndt SipN of the United States,' as a~air-st this. obligatioA or any extension or renewal hereof. ,. WITNESS THE HAND AND S~AI C+f EACH PAt7tYe