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, mo?tr~~u~~•e~ cu mav ?~~iuonql~Iy I~e reyuirw~: tliat Ili~ ma?t~~~u~or I~er~by f ully ivnrranfs Ihe til~i• lo sai~l ~ant~
lUl(~ 1~'1~~ (~Pj~'Ntl 1~It` sOlllP A(~QI/tS~ ~~IP ~QU''U~ e'~QIO1S 0I (1~~ (1PI50115 U~~O/qSOPI'Pr: 1111~ ~~Q~ SAI~ ~QII~ 1! JfPP
~~~~d ~-t~~~~~ ~~11 ~•.~~•~~?»h~~~~~•~~ except those as specified in the warranty deed
dated November 10, 1973 from the riortgagee herein to the riortgagors
herein.
PROVIDED ALWAYS, that if said riORTGAGORS herein shall pay unto sai~d
MORTGAGEE herein the certain promissory note
hereinafter substantially copied or identified
- - ~-4'~i t = - ~ - - - ~ -
s 12,573.26 No 491
Fort Pierce, Florida November 10 19 'j 3
For value received, I, we, or either of us, promise to pay without defalcation to the order of
Harris Construction Corporation , at the office of the payee
herein in Fort Pierce, Florida or at such other place as ihe payee herein shall designate in writing, the
sum of E 12,573. 26 with interest from date at the rate of 10.0 ~~r annum, payable
in monthly installments as follows, to-wit:
a 16~ • 22 on the lOth day of December ~q_~_ end a like sum
on the corresponding day of each like succeeding month thereafter until the lOth
day of January, A.D. Z979 at which time the entire unpaid
principal balance plus any accrued interest will come due
and payable at that time in full. _
~ In the event any amounts currently due and/or past due under the terms of this note are not paid
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~ by the 1'jthday of the month, a late penalty of . 5.0% of the combined amounTs currently due and/or
past due, will be added to and collected with whatever amounts are due for the month in question. If
€ currently due and/o~ past due payments or parts thereof uc?der the terms of this note remain unpaid
~ at the end of any month, then said unpaid amou~t will be carried forward and added to the amounts
~ coming due under the terms af this note for subsequent months for the purpose of calculating subsequent
e late penalties. Amounts due under the terms of this note are understood to be but not limited to.
~ ' (1) Regularly amortized interest and principal payments.
(2) City and/or munty taxes when paid by the payee herein.
(3) Insurance premiums when paid by the payee herein.
(4) Seni~+r mortgags payments when paid by the payee herein.
(5) Street, sewer and water liens when paid by the payee herein. ~
Each instaliment first shall be applied in the payment of the interest and then on ihe unpaid bal-
arxe of the principal sum. If default is made in the payment of any instaltment when due, then at the
option of the holder, and without any other notice, all the remaining installments shall be due and payable ai
once. Privilege is given to pay two or more installments at any installment ma2~rity date, but this shall
~ not extend the time of maturity of any subsequent installmeni. Neither forbearance, rwr acceptance by
the holder hereof after any default in any payment hereon, shall be deemed extension.
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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 to any of us; and to pay all costs of collettion, including a
reasonable a»omey's fee in the event of any default hereunder.
WITNESS THE HANDS AND SEAL OF EACH PARTY./s/ Stanton J. Brosilow
Stanton J. Brosilow
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~ /s/ I~artha P. Brosilow
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P~iartha P. Brosilow
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