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' ~o ~iaue and to ~iold I~u• xam~•. (u~~~l~~~~r euil~~ I~~i~ (~•n~~mrnfs. ~~i•r~v~ttum~•nfs antr a~ipurle
~ ?~unrrs f~~~•n~fu {u~~unqi?ig. a~u~ I~~r~ ronfs, ixsu:~s un~~ p~u~ils I~ii•rro~. ~u~lu 1~u• rnurl~~u,ypr. in ~~~v simp~~~.
! ~nd I~~e mu?f~~u~~ur cu~•rn~nls u~ifj~ I~~r mu?I~~~q~•e I~~ul I~ir mu~t~~aqor ~s in~~r~~•asi~~~y sr~z«~ o~ sai~
~an~~ in jei~ simp~r: I~iat f~~r niurl~~~t~ur ~~as l~c~uil rif~I~l an~l ~aiv~u~ nul~iorify fu ~~on~~i~y sai~~ ~en~~ ns u~ore-
sai~~: Iliat t1~N murlgu~~ur u~i~l n~a{te sui•ti ~u?1{ier assuranc~s to p~~r~e~-1 !h~ j~~ simplp tille to sai~ land in t{~e
ntu?lyuyee ns mup rt~asunnl~~y be require~~: Ihaf the n~orf~~ac~or R~rnhy f ully ionrranls tl~e tit~e lo saitl ~and
and u~ill d~Jend t{~e same a~ainst Ihe lawf ul claims o( a~l pe~sons u~homsoei~rr: ancl lhat said land is (rep
anc~ i-I~ar o~ n~~ en~~umf?rnnces except thGS@ SS specified Ori that certai~~
warran~y deed dated December 1, 1~73 conveying the same land frorn
trie T~Iortgagee herein to the ~~?ort~agor herein.
PROVIDED ALWAYS, THAT IF SAID i~iORTGAGORS herein shall pay unto
said i~iORTGAGEE herein the certain promissory note
hereinafter substantially copied ~r identified,
to-wit :
~ 11,0~8. ~t No ~93
Fort Pierce. Florida • ~~f~~ ~ 19~_•'"''
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For value recetived, I, we, or either of us, promise to pay without defalcation to the ord~r. q~;`'~.
~tl1~ (,pp~~lWtlp~i (~,p~•pp~'atj,pA , at the office of the ~ye~ ~
herein in Fort ,P~L'e ce Ftorida or at such other place as the payee herei s ail designate in writing, 1fi~:
sum of 311~r'*~ ' with interest from date at the rate of _°b per annum, payable
in monthly instellments as follows, to-wit:
E u~ on the day of'T~~ - 19 7~ and a lik~- su+~r€~~
L_ J_~ J~.. t L 17L~ J' .+~1. :1:....:....v'l~`~ n~:l 7 ~r
ari~ i~~c G'?iicSN'viwiny. uay u~ ca~u unc b:iCGccv:~~y . ~~K~~ ;.i,'~"#!
19T9 at ~rLieL~ tLM tht ~atir~ unpaid pri~cipal balans~ ~ plt~e-
~ ssotr~!! in~+~s~eat so~s du~ aod ~a,~?abl~ ia hill at tl~at~ ~
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In the event any amounts curcently due and/or past due under ihe terms of this note are not pald;.~
~ by the 9tb day of the monTh, a(a!e penalry of 5.09'0 of the combined amounts curre~tiy due and~~;:;-{
~ past due, will be added to and collected with whatever amounts are due for the month in question. If
~ currently due andjor past due payments or parts thereof under the terms of this note remain unpaid.-~_
at the end of any month, then said unpaid amount will be carried forward and ~added to the amounts~.~_~
coming due under the terms of this note for subsequent months for the purpose of calculating subs;e~qu~,r~~
~ late penalties. Amounts due under the terms of this note are understood to be but not limited fo:
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(1) Regularly amortized interesf and principal payments. `'s't;
(2) City and/or county taxes when paid by the payee herein.
(3) Insurance premiums when paid by the payee herein.
(4) Senior mortgage payments 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 ba~';
ance of the principal sum. If default is made in the payment of any installment when due, then at. th~~;~=
option of the holder, and without a~y other notice, all the remaining installments shall be due and payable;ad°.<
once. Privilege is given to pay two ar more installments at any installment maturity date, but thia shal.t~~ '
~ not extend the time of maturiy of any subsequent installment. Neither forbearance, nor acceptar~ce by
~ the holder hereof after any default in any payment hereon, shall be deemed extension.
~ Each maker, surety and endorser hereof, jointly and severally, waives demand, prese~tme~,
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 collection, includin9 e::
~s ;
reasonable attomey's fee in the event of any default hereunder.
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WITNESS THE HANDS AND SEAL OF EACH PARTY. ~~e: O ~'~v'r d ~E~
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