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~o ~i~ue and to ~iold the sum~, tu{~~Itie~ wil~ Iti• len~menlt, tiPrrc~ifumenls anc~ appurfe- 3•
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nances Itierefo be~unginp, nnd Ihe renls, issues ana prolilt t~?ereo~, unto !Rr morfgagee, in JPP simplp. i
~nd tl~e murtpupor co~~rnanl~ u~ill? tRe morlgapee tl~at fhe mortgngo~ it indr/ea~i6ly saised o~ tn~d ~
~an~ tn ~ee simp~e: 1ha1 f1~e rnorlgagor has good rigl~f nnd ~aw~u~ aultiority to conoey sol~ ~an~ as afon-
sal~; ll~a! !he morlgago? will make aucl~ ~urther as~uranesi to perJect tke jee ain~p~e fil~~ to said land tn fk~
mo?tgagee as may ?easona6ly 6a ?eqalred: thal 11~~ morteagor I~ereby /ullr wurrants tl~e tifle to ~aid lnnd
and will dejend th~ ~amo agotnst th• Iaw/u~ claIrru o~ all penons wl~onuoever: and tknt aald land is jree
a~d ~1~. oj olI encum6rances except tha~ certain first mortgage to First
Federal S&L Association of Fort Pierce, Fla., recorded in O.R.Book
243 Page 1202 of the Public records of St. Lucie County, Fla.
PRIVIDED ALWAYS: that if said Mortgagors sh~ll pay unto said
Mortgagee the certain promissory note
hereinafter substantially copied or identified
to-wit: ~
.3.i.~ ~.1~ ~ 558 ~
Fort P'ieroe, Florida ~'•Ob~l` 2~ ~ 19 TS
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For value rooelved, I, we, or either af us, promiss to pay without defalation to the order of
~ Har~is Go~lstswtion ito~+po~+a.~ian . , st tt~e offtoe of ths psyee
hereia ln Fort~s~Fi~da ot at sud~ other pEace as tl~e psyee herein ~ail designsts in w~iN~, tfie
wm of : witfi intefest from date at tfie raro of~.~.76 psr ennum, psyable
in montMy installments as foi{ows, fo-wit:
. ~ 3$.Od 20th day ~ lio~llb~s~ 19~ and s like sum
. on . the aorreaponding day of each like suooaeding month thers~sfter untii D~Oqbt~ ~ -
20, 198Q at~ MLiah tir t4~ ~ai~ pria~ipsl bslane~~~lns
aw: a~i~Q La~si++~~~ rill b~ dw snd p~,~abl~ ia ldll.
In the eveM any amounts currently due and/or past due under ths terms of tfiis note are nof paid
by the 2'r~ day of the month, a late penalty of 5.096 of the aornbined amour~ts currently due and/or
i past dus, wiq be added to and oollected with whaiever amouMs ane dus f~or the morrth in question. If _
~ cyrrenHy due and/or pnst due payments or parts thereof urxler the terms of this note remsin ~tnpaid
i at the end of any moMh, then said unpaid amount will be carried faward and adcled to the amounts `
~ a~ming due under the terms of this note for subsequent months for the purpose af aaiculating wbsequent
~ late penalties. Amounts due under the tQrms of this note are undersfood to be but not iimited to.
~ (1) . Reyularly amortized Interest and prirxipal paymerns.
(2) Cify and/or oounty taxes when paid by the payee herein.
(3) Insuranoe premiums when peid by the Qnyee herein.
(4) Senior mort'9age PaYments when paid by the payee herein.
(5j Street, sewer and water liens wfien paid by tfie payee herein.
Each inatatlmeM first shali be applied in the payment of the interest and then on the unpaid bal-
ance of the principal- sum. If default is made in tfis paymerrt of arry installment when due, fhen at the
option of the fioldar, and without sny other notice, all the remaining instalknents shall be due and payable at
once. Privilege is given to pey two or more instalimeMs at any installment maturity date, but thi: shafl
- not extend the time of mafurity of am? subsequent installment. Neither forbearonoe, nor acceptance by
the holder hereof after any default in any paymens hereon, shall t~e deerned extension.
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~ Each meker, sureiy and endo~r hereof, jointly and severally, waives derr?and, presentment,
~ protest and notios of protest for rwr?payment, and further agrees ro any extension of time of payment,
~ either before or after maturity, without notioe to any of us; and to pay all o~sta of aullection, including a
~ reawnable ariorne~y's fee in the event of any default hereunder.
Y
~ WITNESS THE HANUS AND SEAL OF EACH PARTY.~sAAlvin L. Blackwell ~q~~
~ ~5.10 in Florid Doc. stamps
~ attached to o ginal note. /S/Shel7~r B. Blaekwell
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~ _ 0 ~ - - (SE~)
~245 ~1279
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