HomeMy WebLinkAbout0274 30 ~iaue and to ~told !tie some, fog¢Itier wil~ fhv fenemenlt. herr~ifume~ls an~ appurle-
~iances Il~erelo 6elonginp, an~ Il~e rents, issues and p?o(ilt ftiercwj. tu~to fhe mo?lgagee, in f ee simp~p.
tl~e morlpagor co~~enants with Ihe mo?tgagee tl~al Ihe mortgago? i~ indr(easi6ly YPtL~ Oj satd ;
land ln jee simple: fhat the mo?fgagor ~as good rtght' ond Iaw~u~ nultiorify to rnnuer aatcr Innt~ as o~or+e- ~
sai~: f~iat !Re morfgago~ will make aucl~ f urlher assurances fo perject ~he ~ev simple tille to aui~I Iand in f~e
mortgagee a~ may ?easonn6ly 6a required; thni !h~ mo?tgagor I~erebq ~ully warrants the title to sntd Iand
and will de(end the same aga(nst tl~e luwju~ clatms oj all penons whomsoe~sr; and fhat said land is ~ree
and'clear o/ all encum6mnces except accruing 1975 City & COUt1ty tBXeS .
PROVIDED ALWAYS: ~hat if said Mortgagors shall pay unto said
Mortgagee the certain promissory note hereinafter ;
substantially copied or identified, to-wit: i
- _ - - - - --.r--
---r
e ~ _
" ~ ~ ~~7r~~ ~
Fort Pieroe, Florida ~ ~ 19 ~g
For vaiue raceived, 1, we, or eifher of us, promise to pay without defalcation to the order of
Harli~i Coo~tl~atio4 Co~po7~?tioe~ , at the offiae of the PnY~ ~
herein in For~,Pi~ F~ida or at wch other p{aoe sa the payee herein sha~,~e~~ate tn writing, the
sum af ~ with inbrest from date at the rote of per annum, paYabb
in momthly instaliments es follows, to-wit:
~~g•~ on the Z~b day of x~~~e! 19 75 and a like wm _
on the corrosponding day of ead~ like auaeeding mo~tth thereafter until p~d ~
.
(n the event any amounts currentiy due and/or past due under the terms of this note am not paid
by the 2't~t dey of the monfh, a late penalty of 5.0% of the oombined amounts wrrently due and/or -
past due, wil) be added to ancl oollected with whatev~r amounts are due for the month in question. If
~ currently due and/or past due payments or parts thereof under the terms of this note remain unpaid
at the end of any monih, fher~ said unpaid amount will be canied. forvvard and adcled to the amounts
coming due undec the terms of tfiis note for subsequent months for tfie purpose af caiculating wbsequent
late penalY~es. Amounts due under the terma of this rwte are ~nderstood to be but not limited to.
' (1) Regularly amortized interest and principal psyments.
(2) City and/w counfy taxes when paid by the payee herein.
_(3) Inauranoe premiums when paid by tite payee herein. . -
(4) Senior moHgage paYments when paid by ihe payee herein.
(S~ Streat, sewer and water liens when paid by the payee fierein.
Each installment firat shall be applied in the payme~ of the interest and then on the unpaid bai-
ance of ihe principat surri. If default is made in tfie paymcnt of any inataliment when dus, then at the
aption of the fiolder„ and without any other notioe, alI the remaining instaNmenfs shali be due and payabie at -
once. Privilege is given to pay fwo or more installments at any installment matwity date, but ihis shall
not extend the time of maturity of any subsequent installment. Me'nfier i~orbearanos, nar aoceptanoe by
the holder hereaf after any default in any pnyment hereon, shail be dec~ned extension.
Each maker, surely and endorse~ hereof, jointty and severally, waives dernand, prese~tment,
protest and notiae of protest for nonpayment, and further agrees ro any extension of time of payment,
either before or after maturity, without notwe to any of us; and fo pay all costs of oollection, including a
reasonaWe attorney's fee in the event of any default hereunder.
~
~ WITNESS THE HANDS AND SEAL OF EACH PARTY. ~S~alter Johnson Jr.
Nclt~r Jol~asca Jr.
$3.60 in Florida state (SEA~)
documentary stamps affixed /s/Rose K. Johnson ~
to original~ note., ~ a
, Ros.tt a . aol,sua. c~,~~
~ 60~f(245 PACE 2~13
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