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HomeMy WebLinkAbout2764 i ~ ~ i ~o ~iaue and to ~otd ttie same, fu(~vl~~er wifk f~e fe~lemrnfs, he?rdilumenls an~ oppu?le- nauc•~s I~~Prelo ~e~unuinp. ~n~~ 1~~~ rnnfs, Issu~s an~ p~o(ifs t~~ereo~, unto Iho morfgagee, !n .simp~p. ~nd t{~e murfW~f~or cui~~~tants tvU~i I~e moNpagee ltiaf fhp morfflago~ it inclv~eo~ib~y srizet~ oj saic~ ~n~ i~~ fee simp!e: fhaf fl~e mortgapor has pood ?rgkl and law~u~ aultio~ily fo conuey salc~ ~unc~ at u~o?e- saic~: t~al 1{~e morfgayo~ u~i~~ mnke auch ~u?tl~er astwnncP~ lo perlecf I~+e ~ee simp~e til~e lo said land in !he mortgagee a~ may ?casona6ly ~te requtred: tl~ot 11~e mortgagor he?eby /u~~y warrantt i/~e tlf~e fo aaid land ~ and wtll deJend Ihe samP agatnst l6e lawJu~ clatms o~ al~ penona whomsoever: and lhat said land ls /?ee and c[ear o/ all encum6~ances exCept that CeY`t83A P1r8~ mort~age d8ted Sept- ember 15, 1968 to rirst Federal Savings and Loan A~sociation of Fort Pierce and recorded in O.R. Book 173 at page 1265 of the public records of St. Lucie County, Florida. Provided Always: that if said Mortgagcr shall pay unto sa~.d Mortgagee the certain promissory note here- inafter substantially copied or identified to-wit: Pt,26~.0~++ ~ 55~ - ~t Pieroe, Horlda ZO~ 19 1 ~ For vaiue received, I, we, or either of us, ptomise ro pay without defalcation to tfie order of 8s~'i'1s Coalttl'11o~~CID Co~po~'atie~ , at the offias of ths psyee he~ein in ~2Pjg~~brida or at wch other plaoe as, fhe peyee herein~aij~ desig~ate in w~iNng, the wm of oT•vV with interest from date at the rate of %per ennum, psyable in monihly instsltments as follows, to-wit: ~ g~~S~~~ on the ~tb day of ~~t~tr 19T~ and a like sum on the oorresponding day of e~ach like suooseciing month thereaftef unfil ~d - . ln !'~1. - ' In the event any amounts currently due and/or past due under the terms of tMs rwte are not paid by the 12tZ1 day of. the month, a late penaity of 5.0% of the aorr~ined amounls cwrently due ond/or. _ ~f past due, will be adc~~d to and aolleded with whatever amounts are due for ifie montfi in question. I# ` cur~enNy due and/or"~~ast due payments or psrts ..ihereof urxler the tear?s of this note romaln unpsid ~ at the end of any mon1~, ther?--aaid unpaid amount will be carried forvvard and added to the amouMs ooming due under the te''ryns of fhis note for subssquent months for ti~e purpose aF calcvl~ting subsequent late penalties. Amounts c~ue under tfie terms of this note are undersiood to be but not limited to. (i) Regularly amortized interest and principal paymeMS. (2) and/or aounty tsxes when psid by ihe payee herein. - (3) Ins~Jronoe premiums when paid by the payee herein. (4) Sen"ior nwrr9age PsYme+m when, paid by tfie payee herein. Street, sewer and waier liens whert": paid by the payee herein. Each installment first shall be applied tn the payment of the interest and then on tfie unpaid bal- anoe of the prirxipal sum. If default ia mede in the paymerrt of any installmerit when due, then at the ° option of the fiolder, and without arry other notioe, all the remaining instaflmcr?fs shall ~e due and psyable at once. Privikge is given to psy two or more installmeMs at any installment maturity date, but this shall not extend the time of maturity of any subsequerrt installment. Ne'~ther forbearance, nor aaeptanae by ~ the holder hereof after any siefault in any payment '~ereon, shall be deerned extensfon. ~ Eacfi maker, sure~ly and endorsar hereof, joinNy and sev~tally, ~ waives demand, preser?fi~ent, ~ protest and notioe of protest for nonpnyment, and further ayreas to any extension of time of payme~t, ~ either before or after ma~turity, w~thout ratioe to any of us; and tv pay all costs .of aollection, ir~cluding a ~ reasonable attorney's fee in the ever?t vf any default hereunde~. • - ~ WITNESS~ THE HANDS AND SEAL OF EACH PARTY. /s/` osa Mae :oble - ~ ~ 3•~5 in Fla. State Doc. Stamps _ affixed to original ote ~ , ~ ~ . tSEAI) ~ ~ ~ A ~ . - . _ _ . _ ~ _ ~ ~ - -