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the same, t~u~Pt~e~ with the twreements, hereditaMents an a urfe- I
~0 ~AUR i!!td t0 ~OId ~ P~ I
najicP~ therelu F~elort,ying, antl Qhp rents, isaues and pro(ita ther~w~. unto tl~e mortgagee, in /ee ~imple.
~11~11 the mortgaflor coaeriants with the mo~igagee t{?at the mortgagor ia indefensibly seized o~ said I ,
land in Jep simplP; ~hpt ~hp mortgagor Itas go«I right nnd Iaw/ul authority to conuey aaid land cu aJw~e- ~
said: that rh~ mort~aflor u~i~l make such JurthPr assurancea to per~ect the ~ee simple title to said land in t~te !
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mortyagee as may reasona6ly 6e requirecl; that the mortgagor hereby /ully waRants the tit~e to said Innd
and u~ill def end the same agaenat the lau~~u~ c•laima o/ alj persons wltomscever; a~d that ~aid land ia f ree
and clear u( all encumbrances
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~'rou~ded ~tways~ t{iat i j said mortgagor shu~~ pay unto said mortgagee the certain promis- +
sory note herein~e~ter su6stantial~V copiec~ or identified, to-wit: ~
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~o~;/as
Fort Piares, ~loride, ~1' 18~ ~ ~q E~•
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Fqc Yal~ r+o~iwd, 4,- we, or eether of us, -prot?;iis' to ~5ay ~oi~ d~falcation. to lhe order of H~
CONSTRUCflOtd CORlORA110N, at their offfoe in 1=ort Pierae, Horida, 4he ttrm of ~~88~r7~~4 with
interest fram date at the rote of~Q9G pex annum, 1n monfhiy irtstaLtmer~ta as fotlovvs:
~~.00 ~~=~th day +7i~ 14~5 and e(ike aVm on th~ oorresponciinq
day of e~sch like succeecfing mortth the~aafter #or a pe?iod ' ii~s, at which time the entire unpeid balance
beoames due anc! payable ar c~~nd
A late ~aymeni chsrge of ~ 3~Z , shaf[ be added to each payment remair~ing unpaid 7 days affer its due dab.
Eath instatlment first shall be app~ied in ths paymcr?t af the intares# a~d then on the unpaid balanoe ot
the prin~ipal sum. tf dafault is made in the payment of any inststt[nent when due, then a! the aptien of the hotesr,
and wiiFwut any otfier notice, all the remaining irataliments shatl~ bs due and payable at once. Privilege is qiven
to pay two or nlore installmenri et any lnstaHment matvr[ty .date, but this shai! not extend tfie time of maturity of
any subsequerrt installrr~nt. Neither forbearar~ce, nar acceptance by th~s holder hereof after any defauit in ony
payment. hereon, shafi be deemed extension.
Each mak+er, sVrety and er~dorser hereof, jaintly and severally, waives demand, presentment, pratest end
r~otice ot protest for na~yment, and f~rthor agrees to ar?y extension of ti~r?e of payment, eiiher befare w af4er
maturity, witFwc~t not~eee to ~r ofi us; and to pay sN aosh ~f aoilecfior?, including a reasonabie attorneey's fee in the
tv~ent of any dafault hereun~Jer, and hereby seyeratiy waives all ber~ee~it af homestead arrd exemption under the
Constitution a~~d laws of e~ch Stete af tt?~ Un3ied Statrs, as .e~air~st thia ob~3gstion or anY sxtsnsion or renewai
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