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j ~o ~taue and to ~iotd 1~~~ .ainr. Iu~1~•1~~~•r euit~~ 1'~~~ 1~•~u~m~~nls. ~i~•?ti~ifunu~r~h uni~ up~~u~t~~
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~ r~anr:~s f~~i~rrfu ~~i~~u~u~i?~ry. an~~ 1~~~~ n•nfs, issurs ani~ p?o~ils : f~~rn•u~. ~utlu (~u~ murf~~ui~~~~•. in !r~• :imp~~•.
l~I~~ 1~~r ??~u~l,ryn~~ur iur~v~o~~fs ~ril~~ t~u~ mo?f~~a~~rN I~u~i f~u• mort{~rtr~ur is in~~~•J~•a~if?~y si~i:i~~~ o~ sc~it~
II ~~uu~ in (i•~• sin~~~~~•: I~~al 1~~~~ muri~~a~~or ~~~s ~~o~x~ ?iry~~t an~~ ~au~~ul authority to c•unr~•p sai~~ ~un~~ as ~i~ore
~1 sai~~: 1~~u1 1~~~~ murf~~o~~or u•i~~ maR~ suc~~ ~url~u~r assuranc~~s lo pe~?fect Ihn ~ee simp~e lif~e fo sait~ ~nn~~ in ftie
. ! ?~~orf~~n~~~~t~ as may reasona~~~y ~~e r~yuire~~: t{~al i~~e morfnRC~or {~erehy ~u~~y warranls fhe tif~e fo sai~~ ~anc~
un~1 u~i~l clF~(t~n~~ Ihi~ snme nc~ain~f Ihe ~cuoful ~~Iaims u( a~~ penons whomsoeuet: antr Ihat said ~an~ is ~ree
~?,~i ~~J ~11 ~~~~~•~~~~I?r~.~~-~S except (1) taxes aceruing subsequent to December
31, 1973,~2) that certain first mortga~+e_qi~>~1ot 3 to First Federal
S&L Assdciation of Fort PierCe, recor.de~I 3.n ORB 203 at page 1817, St.
Lucie County records, FLorida.and (3) that certain second mortgage
on lot 3 to Haxris Construction Corporation, recorded in ORB 209,
at page 1528, St. Lucie County records, FLorida.
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PROVIDED ALWAYS, that if said mortgagor shall pay unto the
aid mortgagee the certain promissory note hereinafter copied or sub-
tantially copied or identified, to-wit:
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=1,~30.15 No ~95
Fort Piereei Fbtida nwnwah~r 1 ~q~_
For value received, I, we, or either of us, promis~ to pay without defalcation to the order of _
3t. Luaie Hort~tgt Co~upat~y . , at the offioe of the payee
herein in Fo Pierce, Florida or at such ofher p184P ~s' ~`p~Y~ ~e~~~a~ desigr?ate in writing, the
sum o f S 1 s~ 30.15 with int~ fr+om date at the rate of ' % per annum, payable
in monthly instaliments as follows, to-Wits, _
a~6.16 ~ on .th~ ;5tb day~ofJ~l'lli8ry ~q 7~ and a iike sum
on the corresponding day of each like succeeding mor?th thereaNer uniil
Usid in full. - -
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f In the event any amounts cunently due and/or past due under the #erms af this note are not paid
~ by the 22Rd day of the month, a late pena{ty of 5.096 of the combined amounts currentty due and/or
~ past due, will be added to and o~llected with whatever amouMs are due for the moMt~ i~ question. If
3 curre~tly due and/or past due payments or parts thereof under the terms of this note remain unpaid
~ at the end of any month, then said unpaid emount wi1F be' carried fotward and added to the amounts
~ coming due under the terms of this note for subsequent mqnths for the purpose af calculating subsequent
~ late penalties. Amounts due under t#~e terms of ihis note are understood tn be but nnt limited to.
~ (1) Regularly amortized interest and principal payments.
~ (2) City and/or oounty taxes when paid by the payee herein. _
(3) Insura?we premiums when paid by the payee herein•
(4) Senior mortgage payments when paid by the pay~e herein. '
~ (5) Street, sewer and water (iens 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 ihe
~ option of the holder, and without any other notioe, all the remaining i~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 maturity of any subsequent installment. Neither forbearance, nor acceptance by
- the holder hereof after any default in any payment hereon, shall be deemed extension. ?
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- Eacfi maker, surety and endorser t~eof, joinNy 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 collection, including a
~<E reasonable attorney's fee in tfie event of any default hereunder.
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WITNESS THE HANDS AND SEAL OF EACH PARTY. /g
du+~s: . 1 ~r
~4~ , Priscilla Taylor (SEAL)
~S Prieoilla Taylor
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