HomeMy WebLinkAbout1693 i '
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~ .~o ~iaue and to ~told I~~r sanu•. lui1~•f~~Nr euil~~ I~~v I~~nrm~~nls. {ierw~ilumanis uni~ appiulv
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' ~~ani ~~s I~u~mfo ~,~~~u?~gir~~~. uni~ f~io ri•nls. issui~s ani~ pro~ils f~u•n•u~. unlo t~u• morf,ryu4~~p. in (PV simp~c~.
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7`1~~ f~~~~ n~orf~~n~~ur rorr~~onls ~rif~~ f~~~ murli~ayvN I~~nl f~~e morl,rya{~or is ini~~•~~asiE~~y s~~izi•i~ oj saitr
~~uie~ in ~r~ si~i~?~~~: 11iaf I~u~ morl~a~~or ~~as ~~ucx~ rig{i! an~ ~au~~ul aull~orily to con~•~y sni~~ ~unc~ as u~ore-
! .ui~l: 1{~a1 Ilu• nwrfqa~~or u•il~ mnl~P such ~~allu•r assurnni•~s to per(~t Ihe ~ee simple fil~e to sait~ ~and in the
~ mo~l~~n~~i~~ as mny rPasorta~~~y ~?e ?equi~e~~: f~al 1{~e mo?t{lagor {ieretiy f u~~y u~arranls fhe lil~e fo sait~ ~nnc~
~ and u•il~ c~rf~~?ul th~ .ame at~~insl ll~e ~au~~u~ r~aims o~ aII persons u~homsoet~er: antr thal aaid ~an~ is )ree
~l~'°~ ~'ll except that certain first mortgage dated
August 21, 1972 from the Mortgagors herein to First Federal '
Savings and Loan Association of Fort Pierce in the original amount
of $5, 800. 00 and recorded in OR Book ZO 6 at page ~ 6~'~ .
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~rou~ded ~1 ways~ f~~nt ij saic~ mortc~a,yor sha~~ pay w~to smc~ mo~tgagPe lhe ce~tain promis-
.orv nul~~ ~~~r~ina(I~r su~~sf~nG~~~~p ropi~~ o~ i~~Fnti~iP~. to ~rit:
- i~-~L.~G3Z-~YY
Fort Pierce, Horida ~~~~~el~ 21 ~y~
i For value received, 1, we, or eitl~er of us, promise to pay without defalcatioc~, fo the orc~er of ~
` St . Lnoie IAOZ"t~,d~ C~pi1'~~t their officre in Fort Pierce, Norida, the sum of
~ wifh interest from dala at tf~e rate of _~.~_96 per annum, in monthly instaitmenh as foTlows:
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~ :~i on the day ofj~~~~~pand s like sum on the corresponding
day of each like sucoeeding month thereafter
~ uatil psid in lrtl.l.
• A late payment charge of 5-~-, shall be added to each payment remaining unpsid 7 days after ita
due date ar.d a like sum sha11 be added sa eacfi such installment remaining unpaid 7 days afler each sutteed-
eng psyment date. .
Each instaltment first shall be applied in the payment of tht interest and then on the unpaid balanae
of ihe principal sum. If defaulr +s made in the payment of any installrnent when d~e, then at the option of
the holder, a~d withoui any othe~ Rotice, a!1 the temaining installments shall be due and payable at or~ce.
Privilege is given to pay two or mo~e installments at any installment maturity date, but this shall not extend
the iime of msturity of any s~bsequent installment. Neither forbearanoe, nor ecoeptance by the Fwlder
hereof after.any default irs any payment hereon, shall be deemed eutension.
Eadi maker, su~ety and endorse~ hereof, jointly and severally, waives demand, preseMment, protest
and notice of protest for non-payment, and furiher agrees to any extension of time of payn ant, either before
or after meturity, without notice to any of us; and ~o pay all oosts of oolfection, induding a reasonable attor-
~ ney's fes in the event of any default hereunder, and hereby severally waive~ atl 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.
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~ WITNESS THE HAND AND SEAL OF EACH PARTY: /s/ F'a~ e ~h~~*~» ~I)
Edd A. Cbceter
/s/ Inez Chester r_t..~.i~
Ineu Ch~sti~r
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