Loading...
HomeMy WebLinkAbout0127 _i ~ ~o ~ue and to ~otd !he same, toflether with the tenementt, l~ereditomenta and appuNe- I nnnc•es thereto 6elun~inct, and t{~e rents, islue3 and pro~its thereo~, unto the mortgagee, in fee simp~e. ~ I 7UL{~ the mortgagor coi~ena~ts with t~?e mortgagee that the mortgagor is inde~easi6~y seized of said land in /ee simple; that the mortgagor has good right and law)ul authority to convey ~aid land as a~ore- saic~; t{~at the mortgagor will make sucft Jurther assurnnces to per~ect t1~e `ee aimpls title to saitl lanc~ in the mortgagee as may reasonably be required; that the mortgagor hereby (ully warrants the titlr. tu said land I awc~ will de(end the same a~ninst the Inw(ut claims oJ all per~ons wF~omsoever; ond ~ha~ eaid land is /ree ~and clear aJ all encum6rances ~ I l ~ ; ~ ~ ~ ~ , j~ i ~~~V~~~ 7~~~~ys~ that i~ saic{ mortgagor s{~al~ pay unto saic~ mortgagee the certain promi~- sory r?ote hereinaf ter substnntially copiec~ or i~entijiec~, to-u±it: ~ I . ' I I I if _ - - - I - - - _ _ - - - , ~ ~OQ ~ ~ ~ No--~76~~~ - ~ort Pierce, Florida, ~epte~ber 1 g~ , ~q 6~• For value reoeived, I, we, or either of us, promise to pay withaut defalcation, to the order of HA~RtS CON3TRUCTIQN CO~tPORAt14N~ at ttieir office in Fort Pierca, Flarida, the sum af ~~~~C~++++ r,,,~~ interest from date at the rate of ' 0 96 per annum, in monthly instaNments as follows: $ 1d~~ on the ~ 5th day ~ October,,lgb5 , and a like sum on the corresponding . day of each like succeeding month thereafter for a period of ~L_ menths, at which time the entire unpa°td baiance t~ecomes due and payable on demand. A late payment charge of shal~ be added to each payment remaining unpaid 7 days after its due date. Each installmen4 first shall ba appl~ed in the payment of the inte~est and then on the unpaid balance of the principal sum. if dafault is made in the pa~yment of any installment whan due, then at the option of the holder, anrJ without any other notice, all the remaining installmtnts shalt be due arsd payable at ance. Privilege ia given to pay two or more installments at any installment maturity date, but this shail not extend the time of mat~rify of sny subsequent ins4altment. Neither forbearante, nor acceptance by the holder hereof efter any default in any payment herea~, shal! be deemed extension. Eath maicer, sure~~r and endorser hereof, jointly and severally, waives demand, presentmeni, protest and notice of protest for non-payment, and fur~her agreea to any extension af time of payment, either bCfore or after maturty, without notice to any of us; and to pay a!J costs of tollection, includir~g a reasonable attorn~y's fee in the event of any default hereunder, and hereby severalty waives all benefit of hort~estesd and exemption under the Constitutian and laws of each State of the United States, es against this obligation nr any extension or renewal ~ h~reof. . WITNESS THE HAND AlVD SEAL OF EACH PARl`Y: ~~'9'_~ouise 8tthnrt~ (seal) (Seal) (Seel) ~ (Seal) BGRK ~~G~