HomeMy WebLinkAbout1826 . . t
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30 ~iaue and to ~lold tl~e same, to~ethe? u~ith the tenementa, kereditame~ts and appwte- ~
naiices Iherelo be~ongin~, an~ t1~e rents, issuea ana prof
its fhereo~. unfo the morfgagee, in (ee simp~e. ~
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!he mortgagor covenanls u~ilh the morfgagee !?~at the mwlgagor is i~de~easibly seized oj said ~
~ancr in ~ee simp~e; Ihat Ihe morfgagor {~w gooc~ rigtit anc~ ~awf
u~ authorily to conver said ~and at n~ore- ~
sai~: ~har ~hp mo~fpagor u~i~~ make such (urtf~er assumnces io per~ect fhe jee stmple title to said land in tka
morfgaeee as may reasona6ly be ?equi~ed: tha! tl~e mwtgagor here6y (ully won~a~ts tke title to snid land ~
and will deJend fhe same ogainst fhe lnwjul claims o( all persons whomsoever: ~d ehat said land is fres
and clear of all encum6~ances
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~COUi~I ~tUAtJS, t{~at iJ sait~ mortgngor shall pay unto said mortgagee the certnin promis- ~
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sory note hereinajter substantia~~y copied or idenfif ied, to-wit: ~
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Fort Pierae, Florida u~ 19 K• . }
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for value roaeived, 1, we, or either of us, promiss to pey without defalcation. ~ to the order of ~
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HARRIS CONSTRUCTION CORPORATION, at their offive in Fort Pieros, Florida, th~ sum of t7. ~0.40
with interest from date at the rate of 96 per annum, in monthly installments as fdiow::
~.00 on the ~~~t . day of and a like wm on ths oorresponding
; day o~ each like :uaoaeding month thareaher for a period of montfis, at whkh time the eM~re unpaid ~ ~
~ batsnoe beoornes due and psyable on ckmand. ' '
~ A late payment charge of ~la~~, shall be added b each Payment remaining unpaid ~ days afier ita :
" due date and a liks wm shail be adcled to eacfi such installment remaining unpaid 7 days after eich. wc~oeed- ~
~~9 P~Yment dats. ~ ~
~ Each installmeM first shall be applied in the payment of the interest and then on th~ unpsld bslanoe ~
of the principsl sum. If default is made in the payment of any instailment when dus, then af the option of
the-holder, snd witF~out any other notice, ail the remaining installmenri shall be due and psysWe-at bnce. ~
Privilege is given to pay two or more instaliments at any installment, maturity date, but this thsll not extend
the time of maturiry of any wbsequent installment. tdeither forbearonce, nor acoepta~tce by tt~e holder
hereof after any default in anY paYment hsreon, shall be deemed extension. ~
Each msker, wrety and endorser hereof, ~ointly and severally, waives demand, pro=entrnent, ~otest ~
and notioe of protest for non-payment, and further ag~ess to any extension of time of psyment, either before ;
or after maturity, without notioe to any af ua; and tops y all oosts of oollection, including a reasonable attor-
ne~s fee in the event of 'any default hereunder, and hereby severally waives all benefit of homestead and ~
exemption under the Gonstitution and laws of asd~ State of the United States, as against this obligation or
any axtension of renewal hereof. j
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WITNESS THE HAND AND SEAL OF EACH PARTY: ~s/ Valeti~ V. Har=is ;
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~ranklin Harri• ~
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