HomeMy WebLinkAbout0023 ~~laue and to ~iold 1~~~ xamr. lu{/rl{~er wilh I~~e tenen~vnfs. ~~~~r.~e~itumi•nls an~~ uppurle'
~~anr~~s f~u~n•lu ~~~~~u~~~ing. ani~ I~ir rnnls. issui~s an~~ pro~ils (~~en•o~. unlo (~~e murlgu,yrN. in ~pv simp~e. '
. ~
~n~ 1{ie murtf~ac~or coi~~•nanls u~ifii f{~e mo~f~~~ee Ihaf Il~e mu?tgac~or is in~jr~i•asiti~y srizrc~ o( said
land in Jee simp~P: ~h~e the muri~apor has poocl ri~i~t an~~ la~v~u1 nulhority lo coni~py said lund as u~ore- ~
saic~; Ihnt t{~p morlga~~or ~i~i~~ ma~e such ~urfher assu?ance~ !o per~ect Ihe ~ee simp~e til~e fo saic{ ~and in fhe ~
d [and ;
mort,ync~ee as may reasunably be required: that the mortgagor itere6y ~ully warranls the title to sai :
and u~ill deJend tl~e same agai~st the lawJu~ clnims of all persons u~/~omsoei~er; anc~ tl~ut snid land is Jree ~
a~d ~lpa. oJ al! encum6rances except those as specified on that certain
warranty deed dated December 13, 1973 from the IdORTGAGEE herein to
the I~IORTGAGORS herein for the same land as is encumbered herein.
PROVIDED always, that if said mortgagors shall pay unto said
mortgagee the certain promissory note hereinafter substantially =
copied or identified, to-wit:
•
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~ q j296•57 No. ~78
Fort Pierce. Florida ~eeHlber 1~,_ 19.~._
For value received, 1, we, or either of us, promise to pay without defalcaNon to the order of
Harris Caastrua~lon ~orgoration ~ , at the office of the payee
herein in Fort Pie~ ce, Florida or at such other plaoe as the payee herein h II designate in writing, the
sum of a~ a..29b . 5T ' with i~terest from date at the rate of % per annum, payable
, in monthly installments as follows, to-wit:
= 43.00 on the 20tb day of +T8111i8~'y 19~_ and a like sum
on the mrres~ nding day of each like suoceeding month thereafter until
; Jsauary ZU, 1979 at rhiah ~is~ the eritire unpaid
~ Dslanae plua aaoru~sd intereet xil~ aomo due and
~ psyable in full at that tiaie.
~
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i
; In the event any amounts currently due and/or past due under the terms of this note are not paid
g by the ~7th day of the month, a late penalty of 5.0% of the combined amounts currentiy due and/or
g past due, will be added to and collected with whatever amounts are due for tfie month in question. If
~ currently due and/or past due payments or pa~ts thereof under the terms of thi$ 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 tfiis note for subsequent months for the purpose of calculating subsequent
~ late penalties. Amounts due under the terms of this note are understood to be but not limited to.
~
~ (1) Regularly amortized interest and principa) payments.
~ (2) City and/or oounry taxes when paid by tfie payee herein.
~ (3) Insurance premiums when paid by the payee herein.
~ (4) Senior mortgage payments when paid by the payee herein.
(S~ Street, sewer and water liens when paid by the payee herein.
~ Each installment first shal) 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 notice, all the remaining ir~stallments 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 maturiry of any subsequent installment. Neither forbearance, nor acceptance by
the holder hereof aher any default in any payment hereon, shall be deerr~ed extension.
~a Each maker, surety and endorser hereof, jointly end severally, waives demand, presentment,
protest and _ notice of protest for nonpayment, and furthe~ agrees to any extension of time of payment,
i~ either before or aher maturity, without notice to any of us; and to pay all costs of oollection, including a
=a reasonable attomey's fee in the event of any default~ hereunder.
WITNESS THE HANDS AND SEAL OF EACH PARN. /s James M. H rt (SEAL)
~~5 ~ID@~ • AI~
6~ l~l~
':~i
~:t ~ /sL Rebeeca A. Hart _ (SEAL)
° gQ~~~l~ ~ Rebeeca A. Kart
(SEAL)
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