Loading...
HomeMy WebLinkAbout2329 1 ~0 ~ th~ awnt. log~t~K wlth fk~ t~n~m~nta. k~?sditam~nts and appurt~- nances l~ento belonging. and t~e nnb. tssuea and pro~ifs tkeroo~. unto Ik~ n~ortgage~. ~e~ timp~e. . ~ fhe mortgagor cot~ennnb wit{~ th~ ~nortgag~t tl~at fh~ n~ortgugor b indPJ.a:i6ty ,ei~d oj snid ~ ~and in ~ee simp~e: tl~at th~ ma?tgagor has govd ~tAht ond ~nw~u~ authorit~r !o c~onvep ~oid ~and a~ a~or+~- ~ sald: tl~nt ths mo?tga9o? wtU ma4~ ruch /urtf?ar auurances !o per{~cf f~~ lN simp~ tif~e to snid ~and in ~ mo?tgagee as may ?eosonab~y bt roquirod: thnt th~ mortgagor ktreby /uuy urnn+ants t~t tit~e fo sald ~and and wtU de%nd the sane aeat~st th~ lawjut clat~nt o/ all ptrsona wkomsotvK: and tkat aald land i~ /n+ ~ and clear o~ nl! encumb?nncea - _ ~ ~ i . ~ ~V~ ~s~ tf~at ij said mortgngor shnll puy unto sotd morlguges the certain promis- , i sory note ~ereina~te~ su6srant~ally copiec~ or identi~isd, to-wit: = 1.750.00 ~ 315 } Fort Pierce, Florida J~le 1 19-~tZ 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 Fo~t Pieroe, Florida, the sum of i 1a7~~~ with interest from date at the rate of 10.0 96 per annum, in monthly installments as follows: - : s 14.00 on the 15th day of ~Il~l~v- 1T 967 , anrl a like sum on the conesponding ' day of each like succeeding month thereaher for a period of 61 months, at which time the entire unpaid ~ balance beoomes due and payable on demand. - ~ A late payment charge of ; a.55 , 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 suaeed- k ing payme~t date. . Each installment first shall be applied in the payment of the interest and then on the unpaid bnlanqe 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 notioe, all the remai~ing installments shall be due and payable at onc~. < Privilege is given to pay two or more installments at any installment maturity date, but this shall not extend f the time of maturity of any subsequent installment. Neither forbearance, nor aooeptance 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 s and notice of protest for non-payment, and further agrees to any extension of time of payment, either before # or after maturity, without notice to any of us; and to pay all costs of oollection, 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. i ~ WITNESS THE HAND AND SEAL OF EACH PARTY: /8~ Franklin A. IiaZ='iS ~~a~~ A. Harris ~ / i V Harri q ~ ~ e ~ ~ ~ - (Seal) , ~ ~ ~:~~-~p'=~ "s~~ ~ =-'w~„h. ` ~ :