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HomeMy WebLinkAbout2465 { ; ~0 ~ f~•• .~am~. logQther witl~ t1~~ t~n~+n~nb. he~r~ifomvnts nnd appwf~- nnnces thento 6ebnging, and ths ?tnb, issuet nnd projifs th~r~wf, un1Q t6~ +nortgoge~. tn (ee sin~ple. ~ t1~~ morfgagor covenanb iOjfll IIII 111OrI9A9N fl~at fh~ morfgogor is tndej.~t6ly :.~~d o~ satd j ~and in fee simp~e; that f~e mo?t~agor ~at good ri91~f and ~nw`u~ a~.tl~o~ttr to conwr sald land as aja~~ said: tl~at tl~e mo?tgagor v~ill ma~e sucl~ Jurther usswnncw to perJtcf tl~~ jK aimpb tille 1o said lnnd in tk~ morlgagee as may ?posonn6ly 6~ sequired: fhat !~e rnorfAnAo? he..br lu~~p u?o~'•'anb ~k~ tif~e fo satd la.~d and will deJend the samf aAal?ut !he lnw/ut claims o( aU p~nons whoauoever; and that said land ia jn~ and clear oJ nl! encum6rnnre~ . ~~V~ ~1~W~s~ lhat iJ said mortgngor s~n~~ pay unto saic~ nwrfgagee t~e certain promit- sory note I~ereinajter su6stantiaUy copied or iaentiJisd, to-wit: . ; 7~i3.11 ~ lli Fort Pierce, Florida I1ece*~+2]9r 27 19~? 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 FoH Pierce, Florida, the sum of ; 7 b 3~ 11 ~ _ ; - with interest from date at the rate of 1~ -0 96 per annum, in monthly installments as follows: ~ s 10.J0 on the ~ Ar}+ day ofJanuary,19G9, and a like sum on the corresponding day of each like succeeding monih thereafter for a period of o months, at which time the entire unpaid balance becomes due and payable on demand. A late payment charge of shall be added to each payment remaining unpaid 7 days after its due date and a like sum shall be added to each such installme~t 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 balanae 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 installments 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 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, presentmer~t, protest and notice of protest for non-payment, and further agrees to any extension of tir+~e of payment, either before or after maturity, without notice to any of us; and to pay all costs of tollection, 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 otsligation or any extension of renewal hereof. ~ ~ WITNESS THE HAND AND SEAL OF EA~H PARTY: ~s~ ~alter Johnson, Jr . a ter ~o nson, dr. /s/ Rose K Johnso ~a~~ oAe o ~nso:~ ~ ~Seal) 60i11111l~ PAGf'dd~ (Seal) ~i , ~ .