HomeMy WebLinkAbout0425 s~ ~e ~ W the snme, logether taith the tenemei~ta, hereditaments and appurte-
nnnces lhereto he~onging, anc~ the rents, issues and projifs thereo~, unlt? the martgagee, in ~ee simple.
~ the mortflagur rovensnta w+th t~e mortgagee that ihe mortgagor is indPfeasib~y seized o~ said
land in f PP simple; lhat the mortgagor hw govd right and lau~f u~ authority to conuey snid land as a/ore-
said; that the mortqa9or tvilI malre. suci~ fu~ther assurancps to per~ect tf~e (ee simple title to said land in ti~e
mortyagee aa may reasona6ly 6e required; that t{?e mortgagor hereby ~uUy warrants t~e tttle lo saicl land ~
and u~ill deJend 1he same against the lawf u~ claims o~ nll persons whomsoevc~; and t~a! aaid land 'u ~ree
and clenr o/ all encumbrnnces
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~r~V~~ ways, fhat if saic~ mortgagor s{~aII pay unto said mortgagee the certain promis-
sory nofe hereinajter suhstantia~~y copie~ or ic~enti~iec~, ta-wit:
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T~~-':~5.00- . ~ 3~?,~'6S
. . Fort Pierca, Ffo~`ida, "~~~p ~s , I9
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For vatue reoeived, 1, we, +or either of us, promise to pay witte~wt defaiutiqn, t~c~ tfie arder of NARRfS .
CON~1ttiCT10N CORrORATiON, s# their office in Fort Piefos, Fiorida, the wm af ~~+s~~e~ with
interest from date at tha rate of..~_96 pe~ annum, ia monthly instaNmenfs as fvNawa:
~,P.40 an thei~~ day of~~19~' , and a like wm on the ootaespo~di~9
day of aach like wc~u~eding m~cnth thereafter for a pesiod af _ manths, at which tirn~ the ertiire u~p~sid balsnce
bewmes due and payable on nd.
A late payment c~arge of shall be addes! to each payment rcmaining ~rnpaid 7' days after its due da1e.
Each tnstaliment first shell be apptied fn tfie payrnerrt af the interest and then on the unpaid batance af
the prtncipal wm, tf datautt is made en the paymerrt of arty instatlment when due, then at tha optivn of the holder,
and wit~ut any ott~er natice, aN tfie remain6ng instaMiments shalt be d~s and paysbla at arrc~e. Pri~rile~e is given
t0 pey tW0 OI~ mOre inStallme~ts at dn~? tnsta{Imerlt meturfl~r ddt~e, but this shali not extend the time of mahiriry of
any seibsequent installmer+t. N~ithe~ forbeere~loe, nor eo~eptas~co by the holder hereof efter any defauit in any
Parme+~t hereon, ahaii be deenied extension.
F.ach maker, sure~y end endt+rser hereaf, joiMly a?~d severa~ly, waives demand, presentn~ent, probst ared ~
notics af pratast ftx non-payn+ent, and turther agrees to any ~xtar?sion vf time of payment, either before oc sfler
matvrily, witho~t no#ire to any of us; and tc pay a!1 oasts of coll~dion, including a reasonable ait~rney'a #ee in the
~verit n~ any defaul! hereur~r, ac~d hereby ssveralty waives ait beneftt of homestead and exemptlon uncler tha
Constitutior~ end taws af eath 5tate of tfie United States, as against this obfigalbn or any e~ctensiQn or rer~wat
hGr~f.
' WITNESS THE HAND AMD 5~At Of EACH !°ARl'Y:
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