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HomeMy WebLinkAbout1884 f , 1 ~o ~taue and to ~totd the same, loyrl~~er wi(f~ [he feneme~nts. ~erec~ituments arec~ eppurle nanres Iherelo tie~unying, antl f{~e ?rnls, issues anc~ pro~ifs I~e~eo~, unto ftie morfgage~, in ~ee semple. ~ the mort~ct~or coi~enants u~ith fhe mortgagee that tlee morfgopor is indeJensi6ly spized of said ~ ~ancl in jep simp~e: that the morlgagot {~aa good ?igti! on~ ~awf u~ nufhority fo convey eai~ ~a~d as aJore- ~ said; ll~at ff~e mortgagor u~elt make such /urther assurnnces to perJe.:t tl?e ~ee simple tille to said Iand in tl?e ~ mortyagPp as may reasona6ly be required: Ihat the mortgagor hereby f ully wnrrnnta fhe title to said lant~ ~ and wil! Je/enJ the same a~ainst the law/uI claims oJ a[l persons wF~omsoever: and thut snid Iand ia jree ~ a?~d rlear of all enrum6rances ~ ~ ~ I ! . i i - ~ ~rouided ~lways, that iJ saicj mortgagor s{~aj~ pay unfo said mortgagee !he cerlnin promis- j. ~ sory nofe {~ereina~lpr sul~stantiolly copie~ or ic~entifiecl, to-u~it: ~ ~ ~ 8,498.82 No 488 Fort Pierce, Ftorida Uetober 1 19 ?3 ~ For value received, I, we, or either of us, promise to pay without defaication, to the order of HARRIS CONSTRUCTION CORPORATION, at their offic,e in Fort Pierce, Florida, the sum of a B 11,Q A.~? - ~ with interest from date at the rate of ~ % per an~um, in monthly installments as follows: i $~ifi. 00 on the ~st day of [~OVeII~rl~,ly7,3nd a like sum on the cc:responding j day of each like succeeding month thereafter for a period of 61 months, at which tirrse the entire unpaid ~ balance becomes due and payabte on demand. A late payment charge of S xa • OU , shall be added to each payment remaining unpaid 7 days after its 1,~ 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 the payment of the interest and then on the unpaid balance of the principal sum. tf defauft is made in the payment of any installment when due, then at the option of ' ~ the holder, and wirhout any other notice, alt 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 insta(Iment. Neither forbearance, nor acceptance by the holder hereof after any defauft in any payment hereon, shal! be deemed exfension._ i ~ ~ Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment, protest ; and notice of protest for non-payment, and further agrees to any extension of time of payment, either before F or after maturity, without notice to any of us; and to pay all costs of collection, including a reasonable attor- ~ ney's fee in the event of any default hereunder, and hereby severally waives all be~efit of homestead a~d exemption under the Constitution and laws of each State of the United States, as against this obligation or any extension of renewal hereof. NOTICE THIS IS A BAI-LOO~ btORT(;~:_r,E. AT i mA'f?`(tIT1' Tl1f:~:F V."?!.L S' iLL I3E A 1:ati _~~:~~t: u~~LvG a!~~ t~~~~a1st.E Ob' ~ 47 ~ ~ Q-S.t--==---- ~ /s/ Jerry N. Layne i WITNESS THE HAND AND SEAL OF EACH PARTY. (Seal) Jerry N . L,syne ; /s/ Patricia A. Layne ~~a~~ Patricia A. Layne . . ~---A-Y-~ ^ F~ 1 i)U~:~~~M~N~Ak: Mi• , ~ ~ 2i9 ~i8~3 ~~~,;-~.t-~~~E.~~F ~ D ~ g~c _ ~~~~;~~3(=~;`~~~~ i 2. 7 5 j Qe. - _ ~ i - II ~ , : _ . _ _ _ - . . ~