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~~~~I ~-1~~~~~ ~il ~~~~~-~~mb~~~~~~•~~ except those as specified in the warranty
deed dated November 10, 1973 from the I~7ortgagee herein to the
mortgagors herein.
PROVIDED ALWAYS, that if said i~IORTGAGORS herein shall pay unto
said tiIORTGAGEE herein the certain promissory
note hereinafter substantially copied or identified,
to-wit:
s 12,573.26++++ No_ 441
Fort Pierce, Florida NOYO~ber 10 ~ 19 73•
For value received, I, we, w either of us, promise to pay without defalcation to the order of
Harris Condtruation Cor~oration , at the off~ce of the payee
herein in Fort Pierce, FI rida or at such other plaee as ihe payee herein sha~l designaUe in w~iting, the
sum of S 12=573.2~~~? W~th interest from date at the rate of 10.0 % per annum, payable
in monthly installments as follows, to-wit:
_ ~S ~3-' 22 on th~• lOth day of ~asl~iber 19~- and a like sum
on the corresponding day of each like succeeding month thereaRer until tb@ 1Ot21
~ ~ day ot January, A.D. 1979 at whieh time the entire unpaid
principal balanae plus any aaorued int~rest Nill come dus
and payable at ttiat time in full.
E In the event any atnounts currently due and/or past due under the terms of this note are not paid ~
~
; by the 17Lh day of the month, a late penalty of S.OX of the combined amounts currently due and/or
` past due, will be addeci to and collected with whatever amounts are tlue for the month i~ question. If
€ currently due and/or past due payments or paris thereof under the ferms of this note remain. unpaid
a at the end of any month, then said unpaid arrwunt will be carried forward and added to ihe amounts
~ coming due under the terms of this note for subsequent months for the purpose of calculating s~bsequent
~ late penalties. Amounts due under the terms of this note are understood to be but not limited to.
~ (1) Regularly amortized interest and principal paymenis.
~ (2) City and/or munty taxes when paid by the payee herein.
~ (3) Insurance premiums when paid by the payee herein.
(4) Senior mortgage paymenis when paid by the payee herein.
~ (5) Street, sewer and water liens when paid by the payee herein.
~ Each installment first shall be applied in the payment of the interest and then on the unpaid bal-
~ ance of the principal sum. If default is made in the payment of any installment when due, then at the
~ option of the holder, and without any other noticet all 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 ihis shall
~ not extend the time of maturity of any subsequent installment. Neither forbearance, nor acceptance by
~ the holder hereof aher any default in any payment hereon, shall be deemed extension.
~
~ Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment,
protest and notice of protest for nonpayment, and further agrees to any extension of time of payment,
either before or after maturity, without notice fo any of us; and to pay all costs of collection, including a
~ reasonable attorney's fee in the event of any default hereunder.
/ ~ r3
`Y WITNESS THE HANDS AND SEAL OF EACH PARTY. Sfd~ v`i rOSi ~o ~J
~
Stanton J. Brosilow
~
~lar~a p ros~ locu
~l
~ I~artha P. Broei w
lo
~ 6twK ~ P~E ~ (SEAI) -
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