HomeMy WebLinkAbout0218 30 ~taue and to ~totd the same, together wit,4 the tenements, hereditamants and appurte-
nunces l~tereto tie~onging, anc~ the rents, issues anc~ pro~ifs fherEwf, unto the mortgagee, in +ee simp~e.
~{i~ t~e mortgagor covenants with the morfgngee t{~at the mo~tgagor is inde`ea.~ib~y seizec{ oj saic~
Iand iN /ee simple; that the mortgagor has 9ood right and IawJul authority to conuey said land at a/ore-
saicl; t~iat the mort~agor will make such ~urthe? assurnnces to perfect the fee simp~e title ta saic~ Iand in the
mortgagpe as may reasona~~y ~e require~; that the mortgagor {?ereby (ul~y warrants tke tii~e to ~aic~ jund
arid will de~end the same against the lau~Jut claima o~ aI~ persorts whomsoever; and ti~at said land is Jree
ar~d clear a~ all encumbrances I
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~routded ~tiways, t{iat if said mortgagor sha~~ pay unto saic~ mortgagee t~e certain promis-
sory note {?ereina`ter su6stantially copiet~ or ic~entifiec~, to-wit:
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Fort Pierte, Florida, 11,F, , 19~~
For val~e received, 1, we, or either o~ us, promise to pay witF~ut defslcation, to the order of NARRIS
CpWSTRUCTl~pN CQRppRi1TICN, at their affice in Fort Pierce, Florida, the sum of ~~a~~f with
interest from date at the rate of~-% per annum, i~ rr~onthly instaNments as follows:
on the ls~ day of~~~ al - and a fike sum on the corr~sponding
day of each like sucteeding month thereaft~r
m~?t.~l p~ltlyd l1~1•
A late payment charge of , shall be added to each payment remaining unpaid 7 days after its due date.
Each installment first shall be sppNed in the payment af the interest and then on the unpaid balente of
the principal sum. If dafault is made in the payment of any installm~nt when due, then at ihe option of the holder,
and witheut any other notice, sll ihe r~maining installments shal4 be due and payable at onte. Privil~sge ia given
to pay two or more installments et any inslallmeni maturity date. but this sF~all nat exiend the time of maturity of
any subsequent installment. Neither forbearance, nor ecceptance by ihe hoider hereof efter any default in any
payment hereun, shall be deemed extension.
Each meker, surety and er?dorser hereof, jointly and severally, waives demand, presentment, protest and
notice of protest for non-payment, and f~rther agrees te any extension of time of payment, either before or after
maturity, without notica to any of us; and to pay ala costs of collection, including a rcasonable attorney's fee in the
~vent of any default F?ereunder, and hefeby severally waives a!! benefit of homestead and ~xemption under the
Constitution arid laws af each State of the United States, as against this obligation or any eactension or renewal
hereof.
WITNESS THE HAND AND SEAL OF EACH P!~lRTY: t
~i1/P~ EV~198 -(Seal)
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