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HomeMy WebLinkAbout1967 i ~o ~iaue and to ~old f~?e snmr, locl~l~~er u~if~~ Ihe fe~ements, herec~itamPnls and appurle- nnr~ces I~~er~lu ~»~onginr~, anr~ 1~~~• r~nts. issu~s a~i~ projils fhereoj. unfo Ihe morlAagee. in ~PP simp~e. ~nd th~ morlnaqor i•ure~nanls toith t{~e morlc~agee lhat Ihe morlga~or is inc~e(easib~y seizec~ of said ~~nd in (~e simpl~•: Ihat fl~e mo~lyac~or I~as c~oocl rif~hi antl ~au~fu~ autho~ity to rnnvey said ~and as afore- sni~: t~~at I~~e morlqci,yor u~i~~ ma~re such furf~~e~ assurances to per~ect f{~e fee simp~e fil~e io said land i~ t{~e n~orl~tac~~•e as m~y maso~?a1>ly 6e requircKl: tl~af tl~e mortflngor I~ereby ~ul~y u~artants the fil~e to saitr ~and anrl ioill dPj~nd th~ same ac~ainst I~~e lau~~u1 claims oj aII persons whomsoei~e~; and that said land is Jree an~~ c~enr o~ a~~ rncum~~r~nces i ~ i ~ i ~ I i ~ ~rouided ~lways~ t{~nt iJ saic~ mort~a~or s{~a~~ pay unto said morfgagee fhe cerlain promis- ~ i sory nole hereinajler stitistanlia~~y copie~ or i~enti~iec~, to-u~it: J t 1023. ~2 No 11 ~ Fo~t Pierce, Florida ~ ~ne 25 ~q ~ E For value received, I, we, or either of us, promise to pay without defalcation, to the order of HARRIS CONSTRUCTION CORPORATION, at their offiQe in Fort Pierce, Florida, the sum of a~`~ with interest from date at the rate of 10 °16 per annum, in monthly installments as follows: E 11.0~ on the Z~` •'1 day of July,. 1~ : , and a like sum on the mrresponding day of each like succeeding month thereafter for a period of ~ 1 months, at which time the entire unpaid balance becomes due and payable on demand. A late payment charge of ~ 2•~~ , shall be added to each payment remaining unpaid 7 days after its due date and a like sum shall be added to each such installment remaining unpaid 7 days after each succeed- ~ ! ing payment date. Each installment first shall be applied in the payment of the interest and then on the unpaid balance of the principal sum. If default is made in the payment of any installment when due, then at the option of the holder, and without any other notice, all the remaining installme~ts shall be due and payable at once. Privilege is given to pay two or more installments at any installment maturity date, but this shall not extend the time of maturity of any subsequent installment. Neither forbearance, nor acceptance by the holder hereof after any default in any payment hereon, shall be deemed extension. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment, protest and notice of protest for non-payment, and further agrees to any extension of time of payment, either before or after maturity, without ~otice to any of us; and to pay all costs of collection, including a reasonable attor- 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 against this obligation or any extension of renewal hereof. WITNESS THE HAND AND SEAL OF EACH PARTY: ;Z3rown ~~a~) /s/ i~.,ar~ aret A. Brown ~~a~~ . . . .y , y (Seal) (Seal) BOOK I' . _ _ ~ . _ N, _ 2 u M1y ~ ~v~_~ r,~..3Mw~ ::R ~.&Y.`~'?„~p'~'"~~ ~y . _ ~C ' ~'~'tW=- - " '_,i