HomeMy WebLinkAbout1556 ~o ~iaue and to ~told fhe aame, to~el~~er wifh I~~e tenemPnfs, herec~ilumenls an~~ appu~le-
IIGIIfPS t~iprelo ~~p~on~in~, an~~ f{i~ ~rents, issues ancr prolils thereo(, unfo f{~e morlgagep, in jPP simple. ~
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n IhP murlc~a~~or c~~~~r~a~ils irifh Ihe mo?t{~ag~e tha! the mortgagor is indPJPas~61y s~i:ed of said ;
~~nd in J~~P simpl~: ~hat the morigagor has good right nncl lau~f u~ authority to convpy said land as a)ore-
saic~: ~hat ~hp mort{~ac~or u~ill mal~e such jurther assurancps to perfecf the fee simple til~e to said lanc~ in the ~
morfgag~e ns may reasonably 6e required: that the mo?tgngor here6y (ully wannnts fhe fille to snid ~and !
and u~ill deJend fl~e same n~ainst 1{~e Iau~Jul claims o( al~ persons u~l~omsoe~~er; and t{~a! aaid ~and is free
and clNnr o( all en~-um~~rances 1
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~rou~ded ~llways, t{~al il sai~ mortc~ngor sha~~ pay iuifo saic~ morlgagee fhe cerfnin promis-
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sory note {~erpinajfer sutislantia~~y copiec~ or ic~entiFiec~. to-u~it: ~
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a 2200.00 ~ NQ
Fort Pierce, fiorida ~~10 19~2
For valus received, 1, we, or eHhsr of us, promise to pay without defalcation, to the o~er of
; WAYIIE COtYS1RUCTION COMPANYet their offiqe in Fort P'ierce, Florida, the wm of i~~~-
~ v,,;th interest ftom dare at t!~e rate of 7- S 9L per anrwm, in monthly iratallmenri as follows:
~ _ on the F~.~it dsy of. 1~~tnr , and a like sum ori ths tonesponding
day of each like sucaeding moMh thereafte~ for a period~of ~QO mw~ihs, st wi+kfi ti^'~e the e~rtlro unpeid
batance beoomes due and payabfe on demend.
A late payment charge of s1.QD--, s~a~~ be added b esd+ P~Y"''~^t re""atning unpaid 7 days after its
~ due date and a like wm shafl be added to each wd~ irutallment rom~ining unp~sid 7 ds~?s after each s+xoeed-
ing payment date.
Each installment first shall be applied i~ 1he paymeni of the interest and then on the unpaid balanve
of the principal sum. If default is made in the psyment c~f any installment when dve, then at the optlon of
the holder, and without any other ~otiae, sll tfie remainin~ installmenri shsll be due and payable et orKe.
Pr~vilege is g?ven to pay two or more installments st any installment msturity dste, but this shall not sxtend
the time of msturity of any subsequent instsllmant. Neither for~snos, no~ aaoep~anoe by the holder
hereof after arry default in any psymeM heroon, sha11 be deemed exfsnsion•
Each maker, surety and endorse~ heraof, jointly .and se~rerally, waives dsrnand, proseMment, p~otest
r~d notice of protesi for non-payme+lt, and further ~ross to any extensio~ of time of P~Yment, either befae
or aher maturiry, without notioe to any of us: and topsy all aosts of oull~ction, i~dudinQ s roaso~t~bls attor-
ne~%s fe~ in the even! of any default l~ereur?der, and he~by ~a~~y waiv~ stl be~wef'd of homest~ad snd
~ exemption under the Constitutio~ and laws of ssck'Stah of the Unilsd States, as agiinst this obligstion or
any extension af renewal hereof.
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WITNESS THE HAND AND SEAI OF EACH PARTY: ~""n
D~fel E. F.itchey
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