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Home My WebLink About2911 ~aue and to ~otd Itie samr, fuyef~~er wilh Itie fenemenfs, heir~~ilamenls ahc~ uppu?le ~ian~•rs I~~rreb b~~~un{~in{~. cuu~ f~~~ ?ents. issurs an~ pro~ils I~~e~eo~. unto f~~P mo?lgagee. in jPr simp~p. ~n~ f~~e morf~af~or coi~i•nants ioil~~ Ihe murf~agee Iti~l ftie morl{~agor is in~~r(~asib~y srizi~~ uJ saic~ ~an~~ in ~ee sin~le: Ihat Itie morf~apor tias pood rig~l an~ ~aw~u~ authority 1o coni~ey saic~ ~un~~ as u~ore• ` said; ~hat ~hN mort~ayo~ u~ill make such Jurther assu?onces to per~ect Il~e fee simple tille to said land in Ihe j morfgaflee os may reasonably be required: thal !he mortgagor I~e?eby )ully warranls the title lo snid land ~ and u~ill deJend Ihe same against !he Iawjul claims o( all penoru whomsoever: and IF~at said Ia~~d is Jree ; and c(ea? of all encumbra~ces Except thase specified in th8t eertain } warranty deed, dated October 16, 197~ for the same property as ~ heretofore ddscribed from the Mortgageeherein to the Mortgagor ~ , herein. ; PROVIDED ALWAYS, that if said Mortgagor shall pay unto said ; Mortgagee the certain promissory note hereinafter substantially i copied or identified to-wit: ~ 's ~ i c F i . _ " _ _ ____~___._y " i i i - - ~ s T,ooo.oo ~ ~ 501 . Fort Pierce, Florida ~~~r 16~ 19 7~ ; For value received, I, we, or either of us, promise to pny w'~thout defalcation to the order of ~~1i C~tl'yOt1oL CO~'pO~it?3Oa , at the offiae of the payee herein in Fwt i ce FI ida or at such other ~plaoe as the payee herein hall designate in -writing, the ~ sum of ~ ~~~Ob•~ vnith interest fiom date at tfie ~ate of ~~_96 per enmim, payabie in monthly installments as folbws, to-wit: - . ~ _ ~ ~ 58.00 ~~e 20th day of x~~ ` 19~ and a like sum on the oorresponding day of each like suaeeding month tfiereafter until D~a~aber 20 , 191~> at Mhish tir t.b~ ~utir~ t~ai~d ~ ~is~ipsl balana~ plus sq~ ao~ruwd iatr?r~at tiill oo~ _ ~ dw and p~abl~ in tnll at that tir. ~ i - _ ; ~ I In the event any amounts currently due and/or past due under the terms of this note are not pnid i by the 2'j~ day of the monifi, a late penalty of 5.0% of the combined amounts currently due and/or ` ~past due, will be added to and aollected with whatever amouMs are due for the month in question. If ~ currentiy due and/or past due payments or parts thereof under the terir?s of this note remain unpaid ~ at the end of any monih, 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 af calculating subseque~t late penalties. Amounts due under the terms of this note are understood to be but not limited to. 4 ¢ (1) Regularly amortized interest and principal p~yments. - (2) City and/or aounty taxes when paid by the payee herein. - i (3) Insurance premiums when paid by the payee herein. = (4) Senior mortgage payments when paid by the payee herein. ~ Street, sewer and water liens when paid by tfie payee herein. ~ Each installment first shall be applied in the payme~t of the interest and then on the unpaid bal- ance of the principal sum. If default is made in the pay~r?eM of any installment when due, then at the opt'son of the fiolder, and without any other notice, all the remaining irutaltments shall be due and payabfe at once. Privilege is given to pay two or more installments at any installment matu~ity date, but this shall - r~ot extend the time of maturity of any subsequent installment. Neitfier forbearance, nor acceptanoe by - the holder hereof after any default in any payment hereon, shall be deerned extension. ~ Each maker, surety and endo~ser hereof, jointly and severolly, 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 notioe to any of us; and to pay all aosts of oollection, including_ a , reasonable attorney's fee in the event of any default hereunder. ' WITNESS THE HANDS AND SEAL OF EACH PARTY. ~ ~ina J . Iiurst . ('SEA~) $10.50 in state documentary ~ stamps gffixed to or3ginal ° note & cancelled . /s/Anria J. Hurst 1 ~ (SEAI) BQ~, 234 F~~~~'~D9 _ # ~ . _ _ ~ _ ~ . _a - ~~~s _ ~ „ - - _ ~ . 5~.~ _