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HomeMy WebLinkAbout2217 ~O ~ tQ ~ ths same. togat~er witk t1~e tenente~ts. k~ttamentt and appwt~- nances thereto 6elonging. and Ihe rents. issues ar~d projifs fhe?eo~. unto the mortgaAN. In je~ sienp~e. ~ the mortgagor covenanU with the morlgaeee tl~at'~he "'~°rtg°8°r ~ tndejeasi6ly setssd oJ =nid land in (ee simple: tf~nt tf?e mortgagor I~a= 9ood ~i91~t and la~wlul nuthwity !o cor?vep snid land os a(o~r- suid: fi~af the mortgagor wt~I nialtt :uci~ ~urtkee assurances to pe~ect ihe ~ee =in~pl~ titl~ to snid land i~ !he mortgages as may ~ona6lp 6w required, ut clni~ms oj all persons bwl~oumsoever~a~'d tl~atta`atdf land ~s ~d and u~ill de%nd the sam~ agatr~st th~ Ia j and cleor oj all encumb~ances ~u~ ~{~S~ t{~at ij snid mortgagor shall pny unto said nwrt9n9ee ~~e certnin promis- sory note hereina~ter su6stantially copiec~ or identif isd, to-wit: ; i ; 1,4b6.75 No Fcrt Pieroe, Fiorida ,Jt~?; ~ 19_b.; _ For value ~eceived, i, we, or either of us, Qromise to pay without defalcation, to the order of ~ St. Lucie t-?ortga~e Cac:~~any at ifieir offiqe in fort Pieroe, Florida, the sum of ; 1, 466. 75 _ with interest from date at the rate of lt' • D % per annum, in monthiy installments as follows: ; 3~• on the day of ~`~6u='t,1968 , and a like sum on the corresponding day of each like succeeding menth thereafter ~F- '~r1pd~ ~ f until oaici in full. ; I` A late payment charge of r'`~ , shall be added to each payment remaining unpaid 7 days afier 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 tfie payment of the interest and then on the unpaid balancre of the principal sum. If default is made in the payment of any instaNment when due, then at the opYwn of the holder, and without any other notioe, all the remaining installments shall be due and Qayable at onte. Privitege 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 instaflment. Neither forbearonce, nor aaeptance by the holder hereof aHer nny default in any payment hereon, shall be deemed extension. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment, protest and notioe of protest for non-payment, and further agrees to any extension of time of payment, either before or after maturiry, without notice to any of us; and to pay all costs of coltection, inc{uding a reswnable attor- ney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead a~d exemption under the Constitution anci laws of each State of the United States, as against this obligation or any extension of ~enewal he~eof. ~ WITNESS THE HAND AND SEAL 4F EACH PAR~If: ~8~ Robert E.H. Cullina ~a~~ : !to?~ert i..1,. f.~illf~.s ` ~ ~ /s/ Louiae Cullias i I.oui::P ru3lin.; ~ ; ~ ~ cs~•n 600K PACE ° i~ - ^ _ - . _ _ _ _ _ - e ~~,~F•-~ ~ . _