HomeMy WebLinkAbout0512 ~ ~ ? v
~o ~iaue and to ~totd 1~~~ sanii•. fu~µ•I~~i~r euil~~ I~u• Irnem~i~ts. h~rr~~ifami•nls r~u~ uPpurtr
ru~m•~~s f~u~n~~u ~~i~~un~~ing. ~nu~ I~ir n~~~fs. issu.~s a~u~ pro~ifs f~~w~~u(. unto i~~~ morlc~i~yrN. in ~~r simp~N.
~1~~ Ij~~~ morl~~iu~or ruri~nanls «~il~~ I~ie mu?li~agrp I~AI IhP morl4~a~~or is in~~~•~~•asif?~y srize~~ o~ saic~
i lari~l in ximplt•: 11~~1 fl~e• mori~~a~ur has ~ood ri~~ht an~l la~oJul aufhurily to ru~r~y said l~u~rl as a(ore-
i soii~;'ff~at f~u~ nrorl~~uyur u~i~~ ma~e uu-h jurl{~e~ assuranr~s fo per~e~•1 thP ~ee simp~e til~e to sai~{ ~an~ in Ihe
morte~a~~~e as may rP~sonah~y E~e requirec~: fhat Ihe mortgagor he?etiy ~u~~y u~nrranls the fil~e fa saia ~anc~
~nd u~ill ~1F(en~l 11~e same anninsf t{~e Inu~(ul ~•laims o( al~ persons u~homsoe~~er: and t{~at said ~and is ~ree
~~~~I ~•l~~~. ~li P.~~•~~~~6~~?~~-~s except those as specified on that certain
warr~anty deed dated December 19, 1973 From the MORTGAGEE herein to
the MORTGAGOR herein for the same land as is encumbered herein.
PROVIDED always, that if said mortgagor snall pay unto said
mortgagee the certain promissory note hereinafter substantially
copied or identified, to-wit:
s ~,795.45 No_ 47T `
F
Fort Pierce, Ftorida ~aember 19 19 73
. For value received, I, we, or eitfier of us, promise to pay without defalcation to the order of
Harris Construation Corporation , at the offiae of the payee
herein in Fort Pierce Florida or at such other plaoe as the payee herein shall designate in writing, the ~
sum of s$s795. ~5 with interest from date at the rate of~_% per annum, ~ payable ~
in monthly installments as follows, to-wit: t
;~8.00 0~ ~ 20th day of J~~~1 19~_ and a like sum '
n the corre ndin day of each like succeedi~ month thereafter until
~anuary ~0, 1~79 at rhicb ti~s tbe ontire euipaid
balanae plua aoorued intereat ~ill oome due and
payable iri full at that time.
;
IE In the event any amounts current{y due and/or past due unde~ the terms of this note are not paid
j by. the 27Lh day of the montfi, a late penalty of 5.0% of the combined amounts currently due and/or
~ past due, will be addec! to and collected with whatever amounts a~e due for the month _ in question. If ,
~ currently due andi
or past due paym~nts 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 subsequent
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 .~nd/or oounty 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 (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 ihe payment of any installment when due, then at the
option of the holder, and without any other notice, 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 this shall
° not extend the time of maturity of any subsequent i~stallment. Neither forbearance, nor atteptance by
~ the holder hereof afte~ any default in any payment hereon, shall be deemed extension.
~
Each maker, surety and endorser hereof, jointly and severaily, 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, wiihout notice to any of us; and to pay all costs of collection, including a
reasonable attorney's fee in the event of any default here~qder.
/s/ Stuart D. Delaplaine
WITNESS THE HANDS AND SEAL OF EACH PARTY.
tusrt U. Delaplaine
~
~ (SEAL)
~ a~222 ~ . 512
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