HomeMy WebLinkAbout2502 3'0 ~ue and to ~old Ihe same, togefher witti the tenemenls, heredifaments and appurfe-
nances Iherefo 6elonginq, an~ f~e rents, issues ana prof
ifs ihereo~, unfo fhe mortgagee, in f
ee simp~e+.
the mortya~or covenanls with the mortgagee tl~at the mo~lgagor is indejeasi6ly seized o/ soid
Iand in /en simple; that Ihe morlgagor has good right nnd lawjul authority lo rnnvey said land na a~ore-
said: that the mort~agor u~ill make such jurther assurances to pe~/ect the fee simple title fo said land in the
mo~lgagee as may reasona6ly 6e requi~ed: ihat the mortgagor here6y /ully wwrants the title to said Innd
and will de~e~~d ihe same against t{~e lawjul claims of aIl persons whomscever; and tl~at said land is ~ree
and clea~ oJ al! encum6rances
` ~ I
~~V~ ~l~W~s~ that ij said mortgagor shall pay unto said rru.rtgagee !hvi certain promis- ~
_ so n fe hereinaJter su6stantially copied or_ i~enti~iec~, b-wit: _
,t
~ 500 . 68 No. 29 3
- Fort Pierce, fbrids '~~Y 1O 19~~L
For value received, 1, we, or either of us, promise ro pay without defalcatwn, to the order of
NARRIS CONSTRUCTION CORrORAT10N, at their offic~e in Fort Pieras, Florida, the wm of ~~0 _ 68 ~
with interest from date at the rate of 10.0 ~L pe~r annum, in monthly instellments as follows:
I
S 25.00 ~Sth ~y of Jut?ej 2966 , and s like sum on the oorrespondin~
day of ead~ like suooecding month thereafter ' `bXY/i ' ?
~ ' . until psid its full '
~ A late paymant charge of S 2•~ , shall be added to each payment remaining unpaid 7 days after its
~ due date and a like aum shall be added to each such installment remaining unpaid 7 days after each suooeed-
irq payment date.
"Each instailment first shall be applied in the psyment of the interest and then on the unpaid balanc,e
of the principal sum. If default is made in the psyment of any installment when due, then at the option of ,
the hoider, and without any other notiae, al) the remaining installments shall be due and payaWe at orxe.
P~ivilege is given to pay two or mo~e installments at any installment maturity date, but this ahal) not extend
the time of maturity of any subsequent instaliment. Neither forbearonoe, rwr aooeptance by the holder
hereof after any default in any payment hereon, shail be deerned extension. ,
Each maker, surery and endorser hereof, iointly and severally, waives demand, presentment, protest
and notiae of protest for non-payment, and further agrees to any extens'wn of time of payment, either before
or after maturiy, without notice to any of us; and to pay all cosri of caflection, including a reasonable aitor- .
ney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and
exemption under the Constitution and laws of each State of the United States, as syainat this obligation or
any extension of renewal hereof.
WITNESS THE HAND AND SEAL OF EACH PARTY: /e/David H=rsiell f
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