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HomeMy WebLinkAbout0061 i . ~ . - , . . 3. ~(31E~~ TH15 INOENiURE, Nl+de the 12th day of ~~g~~T A.D. 19 76 ~ betwsen HARRIS Cf~NSTRUCTION COItPORATION , A Florida Corporation of St• T+11C~A ~~ty Flo~ida, hereinafte~ desgnated as the "MORiGAGOR;' and FIRST fEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERGE, s cwpwalion w9anized and eaisting under the laws of the United Stat~s of Americ~ and having ~ts P~i^~'P+~ P1Ke of buainess in ihe City of fort Pierce, S~. tucie County, Florida~ here'uwfter dei~gnated as ti"gMO~G~AG~' WHEREAS the MORSGAGOR is justty indebfed to t?x MOR7GAGEE in the sum af S- • good and lawful mo~ey of the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n promissory note of even date herewith, of wh~ch the followin9 in wads and f~aures is a trve coav, to-wir, $ 18,000.00 No. 01-23003b$2 ~ Fort Pierce, Florida, November 12 , 19 ~ 76 ~or vs?ue ~caived, I, o~ eit,hsr of iis, pror?is~ +,o g_aJ ~ wit?:o~.~t "alca}~ion, to the order of FIRST FF.D?RAL SAVINGS A?1D I.OAN ASSOCIATIO~~ OF FORT PIERCE at Fort Pierce, Florida, the sum of $ lgs~•~ with interest from date at the rate of E 9.~ 56 per annun, in r~onthly installments ~s Follows: $ 162•00 on the 1(Tth day of Janu aay ~ 19 7? and a like su.~ on the corresponding day of each Month thereafter until tre whole be fully paid. _ Each insta?ln~nt first shall be applied ia payrent of trs interest and then on the unpaid balance of the principal sum. If default is made in the payr:ent of ar~y installment When due, and such default continues 30 days, then at the option o£ the holder, and without any other notice, all the remaining installments shall be_dt1P, and payable at once. Privilege is given to prepaF this note in whole or in part at any tiur,e r?ritfiout penalty. Neither forbearance, nor acceptance by the holc3er thereof after any default 3n any paym~ent hereon, shall be deer•~ed extension. A late paynient charge of $ 8•10 shall be assessed the 26th day of the month, if a regular bu~iness day, or, if not a regular business day, then the next business day, on each ~~nthly install~Ent not then received. ~ Each maker, surety and endorser hereof, jointly and severally, waives damand, ~ pressntment protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, either before or after maturity, crithout notice to anp oP us; and to pay all costs of collection, including a reasonable attorneq's fee in the event of any default hereunder, and hereby sevarally Waives all benefit of hor~- stead and exen.ptioa under the constitution ar.d lak~s of each State of the United States, as against this obligation or any extensiat or renewal hereof. - HARRIS CONSTRUCTION CORPORATION • " , Corporate seal affixed By: S/'Hazel J. Harris, President (SEAL) Stat.~ documentary stamps in ths (SEAL) ario~.znt _of $ 23.~ ~re . Attest: S/ Franklin A. Harrls, Secreta~,r~,) a£fixed to the nortgage secured