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I ~o ~iAUe and to ~iold Ihe sanee, fc~el{~er euif~t Itie fertements. ~p?rclilun?enis ani~ uppurle-
ruinres fl~ereto 6~Ionfling, onrl fJi~ renfs, issu~~ nncl pro(Ils itiereo(, unto I~P morlgagep, in ~Pp simple.
~nd the mo?I~nflor covYnanls u~ith Il~e mort9ngee that Ihe ?nortgagor i: indrJea~i6ly srized oJ auid
~and in ~ee simp~e: Itiat ftie morlpagor ~as good rig~?1 nnc~! {atv~u~ autho?ity lo convey sn1e~ ~unc~ at a~on-
sctie~; t~at f1~w mu?f~ayor will make auch Jurthe~ asiurancea !o perlecl ftis fee simp~e fit~s fo iai~ ~nnd in th~
morfgagee os may rensona6ly 6~ requlred; thol tFtv mortgagor I~ereby ~ully wnrrants tl~s ttlle to satd land
and will de~end the same agninat ll~e lawjut clnir?u oj al! penons whomsoe~er: nnd tha! said land i~ j?ee
and clenr o/ all encum6?~ances exCept th8t Ce1'ta3t1 f3z'st mofitgage ~as •rReorded
in O.R.Book 235, at Page 2815 of the Public Records of St. ~uc~e
County, Florida owned by First Federal S&L Association of Fort
Pierce, Florida. -t~ .
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PROVIDED ALWAYS: that if said Mortgagors shall pay unto said~"~,`
Mortgagee the certain promissory ~note ti-~ ~
hereinafter substantially copied or identi~~ed,
to-wit:
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~ a _ - t~ 5~~
~ ~ Fort Piares, Florida ~g+ 19~;._. ` -
Far value roceiwd, 1, we, or dther of us, promi~ to pay without defalcsHon. to the order of
~asris ~vn~~x~qotioa Corporatioa ; a~ ~he o~roe. of the t~syae?
hefein in ~IQ?ida or at wch dher plaoe as fhe p~yse hsre~n 1~ Odes'~nsis in wrlting• fhe
wrri of ~ ~ •~in with ini~erost ~rom dste af the ~ste of • 9G per arxwm, psy~sbls
in nwr~thly installmer?ts as follows, i~o=wn:
~•SZ on the ~'~tb day of ~5~~ 19 x~ and a like wm -
on fhe aorre~pondirq day of e~ed~ like suooecding moMti tiiereafter urttil ptid 1p .
' t~.l. '
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' In fhe eveM any amounts curreMly due and/or past due under ths ;erms of this nob aro not psid "
by the ZZflddsy of _tfie montfi, a lats penalty of 5,09G of tfie combined amounis axrently due and/or = -
past due, wilf bs added ~ and o~liacted with whaisvsr amounts are_ due for the morMh in quastlon. If
~ currenNy due and/or past due_ paYments or pnrts thereef unde? ffie terms of this note remain unpaid
` at the end of arry month, then said unpaid amount will be canied forward and edded to ~he amounts .
ooming due under the terms of thia note for subsequent months f~r .the purpos8 of oelcutating subsequent
late penaities. Amounh due undef the fearis af-!Ms rwte are understoo~d to be but not limited to.
(1) Regularly amortized interest and principal paytr~ents.
C2) ~ty and/or aounty taxes when pnid by the payee herein. _
~ (3) Inwranae premiums when paid by 11~e payee hefein:
(4) Senior morl'9a9e PsY~~ Psid by the payea herein.
(S~ Street, sewe~ and water liens when psid by the payes herein.
Each instaliment first shall be applied in tfie payment af the interest and then on tfie unpeid bal-
ance of the principal sum. If default is mnde in the pnyment of arry irntaiiment wh8n dus, then a#~the
= option of the fiotdef, and w~thart any othe~ notioe, all tfie remaining ir~staHmeMs shali be due snd payaWe at
once. Privilege is given to psy two or more irntallmenta at any instaliment mshxity date, but this shall
not extend the time of maturity of arry subsequent instaliment. Neither forbearei~oe, rwr aooeptanae by ,
the hdder hereof aRer any default in anY p~Yment hereon, shall be deemed extension. .
Each maker, surety and er~doncr hereof, iointly and severally, waives cierr?snd, presentm4nt.
protest and ~olice of protest for nonpayrr~nt, and further aflrees b any e~ension of time of payment.
either before ot aher merturity, w'~thout notioe to any of us; and to pay sll costs of oollection, includiny :pa
rensonable attorney's foe in the eveM of any de6sult hereunder. s
i WI?~lESS THE HANDS AND SEAL OF EACH PARTY~B~ ~~zelle Mcmillian ~qE,~
~$3:.75 in Florida 3tate Documentary ~(SE~?U y
~ : Stia.mps aYfixed to original /s/ Carrie MeMillian ~
~ ~ ndbe.. .
. ~ ~~245 ~ ~
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