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Home My WebLink About1102 i 1 ~o ~iaue and to ~totd f~~r sam~•, lugel~~rr wilh Ihe lenemP~~ts. ~~t•n~~~ifumrnfs a?u~ apj~iule n~wri~s f~u~rnlo E~r~un~~inq. on~~ 1{~~ m~~h. issui~s an~~ pro~iis f~~ereoj. unfo I~~e m~»l~~a,yee, in ~eN simp~e. ~n~ I~u• morl~~n~~or coi~i•nnnfs ~oif~i Ihe morf~~~(~ee t~~af Ihe murt~agur is in~~r~~~asih~y sYizei~ o~ said ~an~ in fe•e simp~i•: Ihat Ihe mortga~or ~as flood riflhl anc~ ~aivJu~ aulhorily fo cun~~t•y saic~ ~un~~ as ajore= snic~: th~t ~h~ murfguc~or ioill make sucl~ jurlher assuronces to per~pct thP )ee simp~e fitle to s~id lund in 11?e mortgac~ee as may reasonably 6e requi~ed: Il~at the mortflapur hereby ~ul~y u~arranls the title to said ~and and u~ill dp(end Ihe ~nme aflainst fhe law~u~ claims o~ nl~ persons wl~omsoe~~er: and t{~at said lant~ is fr~e a~d clear oj nll encum6rances exeept that eertain first mortgage dated June 6, 1962, filed June 7, 1962 in O.R.Book 38 at Page 306, to i~idwest Mortgage Company, in the original sum of $8,700.00, but in the present amount of app~oximately $6,576.20. PROVIDED ALWAYS, that if said Mortgagors shall pay unto said j mortgagee the certain promissory note hereinafter substantially copied or identified, to-wit: 5~800.00 No. ~~l Fort Pierce, Florida J~~~ 10 , 19 For value received, 1, we, or either of us, promise to pay without defalcation to the order of 3t. LuC1e !So]~tg8ge COa~~ , at the offioe of the payee herein in ForT P'erte, Florida or at such other plaae as the payee herein l~all~ designate in writing, the sum of S~~~00 .00 with interest from date at tF~e ~ate of • % per anrn~m, payable in monthly installments follows, to-wit: . = 164.24 ~ 15th day of Feb~'u8Y'9 _ ~q 7~ and a like sum on the corresponding day of each like suaeeding monsh tfiereafter until pgid » in ' In the eveM any amounts currently due and/or past due under the terms of this note are not paid ~ by the2~d day af the month, a late penalty of 5.0% of the combined amounts currently due and/or past due, wil) be added to and oollected with whatever amounts are due for tfie month in question. If G currently due and/or past due payments or paris the~eof 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 ihe 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 and/or munty 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 bal- ance of the principa) sum. If default is made in the payment of any installment when due, then at the opfion of the holder, and without any other notice, al{ the remaining installments shall be due and payable ai once. Privilege is given to pay two or more installments at any installmerrt maturity date, but this shall not extend the time of maturity of any subsequent installment. Neither forbearance, nor acceptanoe by the holder hereof after any default in any payment hereon, shall be deemed extension. Each maker, surefy and endorser hereof, jointly 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 afler maturity, without notice to any of us; and to pay all cosis of collection, including a ± reasonable attorney's fee in the event of any default hereunder. ' t ~ /S/ John F. Pfeiffer i WITNESS THE HANDS AND SEAI OF EACH PARTY. ~ ~ e er { ~ $8~.70 in documentary stamps ~q~~ affixed to original te. ~ /S/ Jeanette M. Pfeiffer ~q~~ ~ Ye~~~Ye R• Pteitler ~ r~''S . ~JG/'~l~ ~~i ~ ~ ~ ~ ~ra=r_~ I U T ~:~~~K 2`~5 1~01 ~ ~ : ~ _ . - - _ : ~ .