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Home My WebLink About1269 r ~ i ~'o ~iaue and to ~{otd 1~~~ s~um•. luyel~~c~t wil~~ I~u~ fi~nem~vtls. {~~•?i•~~ifu??~~~i~h an~~ upp~ul~ i~ , ~ ~ . r i, nani~i~s 1{tt•ri~lu ni~U,m~~nq. ~uu~ Ifi~ mnls, issurs nnd projils Ihen~uf. unlu i{u• murlgay~a. i~ ~et~ s~mpT~~. ' ~nd l~~~• murl{~ni~or CW~~~~~~r11S u~il~~ Itie morl~~~~~r~• 1~~nf Ihe mortga~ar ~s i?u~r~~asih~y sNi:~a~ oj saic~ lan~~ in ~e~~ simpli•: Ihnt Ihe mu?t~a~or has 4~oocl ri~ht anrl lawful aulho~ily fo cunaey said ~und as u~ore- • sai~; 1{iut f~iN murfrya~~o~ u~i~~ ma~e such ~urfher assurances fo perjec! Ihe jee simp~e lit~e fo sai~ ~an~ in the mortc~ci~~ee as m~~y reosonably be required: thal fhe mortflago~ he?ehy fu~~y wa~ranls Ihe title to said Iand and u~ill dt~jend ~tie same apainst fhe lau~Ju[ claims oj all persons whomsoeuer and Iha! said land is f~ee a~J ~tPa. oJ al[ encumhrances ex e t that certain first mortgage recorded in O.R. BOOk 2~3 Page ~6~ Public records of ST. Lucie County, Fla., and city and county taxes accruing subsequent to August 28, 1975• PROVIDED ALWAYS: that if said Mortgagors shall pay unto said Mortgagee the certain promissory note hereinafter substantially copied or iden~ified to-wit: ~ 3,000.00 No 55~ . Fort Pieroe, Florida~ptQmber 8, 19~.._ For value received, 1, we, or either of us, promise to pay w'itFwut defalcation to the order of Harria ConsLruotion Corporatioa~ ,~~e off3oe of the payee herein in Fort Pi r F ~da or at such other pFace as the payee herein s~jal designate in writing, the sum of S~ 3~~~~' with interest from date at the rate of 1" 96 per en+wm, payable in monthly installments as folbws, to-wit: ~ 31.00 ~ the lOth day of OCtOber 19 75 and a like sum on the correspondi d~ of each like sueceedi montfi thereaher until December 20,~9~0 at xhich time~he unpaid principal belsnae at that date plus any naarued irrterest Mill be due snd paysble in full. ' - . In the event any arc~ounts currently due and/or past due under the terms of this note are not paid by the 27th day of the montfi, a late penalty of 5.096 of tfie corr~binc+d amounts currently due and/or past due, witl be added to and cotlected with whatever amounts ~re due for the month in question. If ± currently due and/or past due peyments 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 j 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. ; , o ; ~ (1) Regularly amortized interest and principal paymenis. } (2) City and/or eounty 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 ~ 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 installmeM maturity date, but this shall ~ not extend the time of maturiry of any subsequent installment. Neither forbearance, nor acceptanoe by the ~older hereof after any default in any payment he~eon, shall be deerr~ed extension. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment, ~ protest and notice of protest for nonpayment, and further ag~ees 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 ~ reasonable attor?~ey's fee in fhe event of any default hereunder. WITNESS THE HANDS AND SEAL OF EACH PARTY~S~ Frank Smith ~ Y ~ ~ ~ ~7 V ~ ~ ~ _l~ i ~ ~ ~c~ O1ngi~a.~ /s/ Lottie Mae Smith ~~e t ~ ; _ , ~ ~ . ~ ~oaK 244 ~~,27p ~ ~ ~ - - -4 ~ ~ ~<-:y. ~ _ . . . ~ ~ -