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HomeMy WebLinkAbout0947 . ~ f . ~ t ~o ~ t0 ~I~• s4,n., toQ.~l~.. wt~l~ th• t~..~a. ~1If11RMi! and appu?t~- na~cs, ~tier.lo b.longrng. And th. rona, ia.w, and proll~: ei~.no(. u,do ~k. ~o.fgup.e. In /ee :rmplr. ~ ~ the mortga9or cooenanis u,ttl~ th~ rnortgap~e tkat the nwN~oow b indsJ~s~6ly isis~d oJ satd Innd in /se stinple: that tl~~ morte~or ~uu good ~igl~t and lau?jul autkority !o co~vnr sdd land eu n(oer- satd; ftia! lhe mor19a9w w~ll ma~e ~uch jur11~K aasuronc~er to per(ec! t~ jN sin~p~ ttt~t fo sald ~and fr~ 1~ na?lgngee as may .~o~6ly 6e .~q~.rnd: iha th. ~?«e9~ h.nbr Iu~~y wwrnnb th~ tlf~e lo rai~,~ ~and ond wiU dtJend tl~e same agatnst !hs law(ut claima o( all penons urhomsoewr, and ll~a! aatd la~d b jn~ ~ u~d clenr oJ ull encumbrances ~ • , ~ e f ~ . ~ ~ ! ~ . ~ . • } 4 ~ ] ~r~ 7~s~ fhut i~ said mortgago~ :kall ~,oy ~,.<<o :~d .no~9og~ the csHain promis- ~ sary note ~ereinaJts~ su6stant~ally rnpied or ~denti~ied, to-wit: _ _ _ _ _ ~ - - 1 t i_0~1_DO_ No ~ ~ort Pierce, Norida ~13 ~ 19_~ For valus rsoeived, 1, vw, or ~ither -of w. P~omise fo pey without defalution, to the ordsr of yARp; COI~,STRUC110t~1 COR~ORATION, st their offiqs in Fort Pkroe, FlorMs, the wm of ~ 3+051.00 ~ with in~ersst from tlate qt the nte of 10•0- 96 per: anrwm, in month{y instailments as follows: - ~ 31~Q on the l~th JT :19~q , a~?.d s;like sum dn th~ oar~~pondtnp day af each like tuooeedins month tt~eafter fot a period af .61-- months, at whtch time ths ~nti~rs unpaid batscus bsoontes due and payable on. ckmand. . ~ ~ . . A IaUe psym~nt d~srge of S' 80 , shall be added b eadt psymeM temeinin~ unpaid 7 dsys afisr its ' due dats and a like wm =hatl be edded to each wd~ installment r~mainin~ unpaid-~-ds~?s after each woosee~!- ~ PaYment date. - - Eech_installment firtf•shsil b~ applied tn the payment of the int~erett and tfien on ihe unpaid batanqe i of ths principsl sum. If default ia made 1n the psyment of any installrrw~t whsn due, then at the option of ~ the holder, arxl without am? other notioe..ai) tha rgmaining instailment~ ~ai) be du~ ~nd paYable at onoe. i Privilegs is gnran b pay two cr mors, instaliment; at any tnstallment msturity date, but this shell not extend the time of ma3urity of ~ny subaequer~t insta8msnt. Neither forbearanoe, nor .sooeptance by tlle hold~r _ hereof after any defauit in sny payment hereon. ;hall be deemsd extension. . . • ? Each maker, surety snd endonar hereof, ~oimty a~d severally, waivei damsnd, presentment, p~otsst i snd notias of prosest for non-payment, and fu~ agroes to any extension of time of paymsnt, either before i or aft~ maturity, without ns~~ioe to any of us; and tops y all costs of aullettion, includi~ ~ reascriable sfbr- ~j ney': fee in the event of arry default hereunder, arxi htreby ssverally waives all benffit of homestead and ! exemption under the Corutitvtion and laws of esch State of the Un'rted Stat~, as ayainst thi: obligation or ~ any a~cter~sian of renewal he~eof. . ~ f i ~ . . . - . ~ . . f t ~ . - . ~ ~ . ~ ~ WITNE$S THE.HAND AND SEAI.OF EACH PARTY: /s/ 3verre Spon8a8 ~ i - . . t ~ . ~5~~6~P..I AA11- R~Af1RAR ~'~°°n ~ . ~ ~~~SQ~ ~ . ~,~,n ~ ~ , ~i~ . ~1$~ ~ ~ . ~ ~ _ ~ II ~ - - - - - - - ~ - - . x _ ~n~;.;