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HomeMy WebLinkAbout0944 ~ i I L i 71a(~~ an~ t0 ~O~d the sam~~, Ic~f~ether with the tenemenls, hereditaments nnd appurte- ~ ?ia?u~c>s l~iYretu E~e~onqing, anr~ f{~~~ rents, issue•s anc~ profifs thereot, iuifo the mortgagev, in fee simp~e. ~nd th~~ murlqugor roi~ena?~ts u~it{i 1{~e mortga~ee that the mortgugot is indeJeasi6ly seizecr o~ said I I Inrul in fe.~ simple: tliat tl~e mortgagor 1~as yood right and ~aw/ul authority to convey said land as a~ore- ~ said: t{~at tl~c~ murtpagur ioill maFrp such (urther assur~nces to per~ect the )ee simple title to said 1anc~ in the mortgaqee as may reasunably 6e required; that ~{?e mortgagor hereby f ul~y u~arrants i{~e title to' said ~and ~ and u~ill d~jend 1he snnie nyairut the la~oful claims o~ all persoris ~v{~omsoever; and t{~at said land is )ree nnc{ rlenr aJ a~~ encumE~rnnces • ~ I I i ~ ~ i I i f i I r ~ ~rou~ded ~tuuays, t{iat ij suia mortgagor s{?aII pay unto snid mortgagee the certain promis- ~ sory note ~ereinn`ter suhstnntia~~y co~ie~ or iclenti~iec~, to-tuit: I I ~ - - - - - - - - _ _ . _ _ _ _ - ~ t?~?~~1.13t++~ iVo ~7IO,~i6d~ Fott Pierce, Florida, ~ ~r , 19 Fo? value received, f, vre, or either of us, promise t~o pay without defal~tioa, to ths ordsr of M/lRRtS CONStRUCTtON C4tt1~ORA'f10N, at the~r o~ce in Fort Pierce, Fbride, the aum of ~~~1=Z~'f'?f with interest from datc at tt~e rate of~-% per annum, in month{y instaNments aa follows: 1~~-~ on the 5'~ day of , anc! a tike sum on the cofresponding day of each like succeeding month thereafter for a period af months, at which tirne the entire unpaid balance becomes dve and payabte on demand. A late payment charge of ~~~a?'~~-- sha!{ be addtd to each payment remaining unpaid 7 days after its due date. L~ach instaliment first sha{I be appNed in the payment of tfie interest and then on the unpaid balance of the principai sum. If dafauft is made in tfie paymeni af arry installment when due~ then et the opteon of the holtler, and without any other natice, al! the remaining inaiallments shalE be due ancf payable at enct. Privi{ege is given io pay twa or more instatlments at any installment maturity date, but this sfiall nof extand the time of maturity of any subsequent installment. Neither forbearorxe, nor accepiance by the holder here~f after any default in any payment hereon, shalt be cieerried extens+on. Eath maker, surety and endorser hereof, jointly and severally, waives demand, presentment, protest and notice of Fxotest for non-payment, and further agrees to any extension of time o4 payment, either before or after maturity, without notice to any af us; and to pay all costs of collection, 9ncluding a reasonable attomey's fee in the event of any defauft herc~?nder, and hereby severafly waives ell ben~fit of homestead and exemption under tt~e Constitution ar?d lews of each State af the U~ritec~ States, as against this obligation or any extension or renewal hereof. WITNESS 7HE HAND A6VD SEAL OF E0.CM PARTY: /s/ 1r,ta~?k111~ 11~ QLl~1~I1 (Seat~ /s/ Valeris V ~ ~nrris ~~e~~ (5eai) ts~+r, ~ ~ I I ~ ~ r, ' b. ! ~ 80U~ ~