HomeMy WebLinkAbout0099 ~ ~
~ ~
~
~`o ~iaue and ta ;~lold f~~~ snnu•. fu~rt~~~i te~tt{~ 1~+r 1~•itt•»~vnls. {iv?~•~~itunu~r~ls ~i?u~ upp~ul~~
na~~~~~s I~~rn•fu lirlu~i{~ini~. ~uul f~ir n•~~t~, icsu~•s nn~r pru~ifs f~u•rru~. tu~fo f{u~ muifc~a~~P~•. in ~vN s~mp~~•
~nd ~ '
1 ~r n~urf~t~gur rur~~nanis ~ril~~ Itii~ n~urlll~il~P f{~~I Itie morlf~af~~rr ~s in~~r~~~~itif~~y s~•i:r~~ u( said
~anr~ in ~r~~ sin~p~~•: 1{int 1~~e mu?I~~npor {~as pu~ ~igh! an~l~atv~u~ nul{~o~ily fo runv~y s~i~~ ~~in~~ as aJore-
sai~: f{~~il I~~N morfg~i~~ur ioi~~ makp sui•h ~urlhrr assu?anc~a fo prr~erf Ihw JPP simp~e fif~e fo sai~ ~nn~ in f~e
mo?f~~ugre us muy re~sonahly ~~e require~~; fhal !he mo~tflago? I~erehy ~~i~~y u~arranfs fhe fil~e lo saic~ ~an~
and u~il~ <<~Jend Ihe snme a~ninst t{~e lau~f ul claims o( aII peroona u~homsopi~er; and that ~aid land is /?ee
nn~ c~~ar o~ a~~ PncumtirancPs
except tha~ certain first mortgage due to
First Federal S&L Association of r'ort Yierce in tne amounL oi -
- $20,400.00 and recorded in ORB 260 at page 64 , public records
of St. Lucie County, Florida
~rr-9 RB-----~~--p e~e e~~e~-~ ~tb=~ e---= e~e e~~s e€ S~.-a~e#,e-
PROVIDED ALWAYS: that if said mortgagor shall pay unto said
mortgagee the certain promissory note herein-
after substantially copied or identifed, to-
wit :
. . . ~
- . . : '
~ `j~~~ .
t ;,ioo.oo ~ ~8•
~
. 1~o~n~r 26 19
Fort Pierce; Flo~ids
- ;
. ~
for value received. t, we, or either of us, pranise to pay wHhout defalcation 1e the order of
I~arMs Cooatruella~ ~os~poa~~tlap: , ar the offio. of ~4ie ~yee
_ hetein in f~t 1W ~09 jds or at auch other p~aoar s! fhe paYee hefeinl~.~l designa» in wti~i~g. the -
sum of S ~ • ~ with inrorest f~om dsta at the rote of v 96 per oniwm, payable r~s':ti;;;
in . monihly installmentt as fdlows, ~to-wit: ~ r*:,;;
~ ; ~
1'~ on the ~t day of J~~~ i9 7T and a like sum ~j~•~;~
• on the ovrresponding day of aad~ ltke, ~ suoos~ding month ti~ereaffer until ~b~~ ,Z ~ r,s„~` .
198Z at ~isD tlar tt~ i~aie! priaaipal an4 ~ saeru~e
iat~r~st eoMS dw pqaDl~ in itill.
~ ~
. • _ ;i,x,;s-:
' ' . _ . _ ' : ; ~•¥tt-- ,
t
In the event any . amount~ currently due end/or p~st due under the terms of this note are not pnid s;
4:~~~
~-..4,_a, ~
by the lg~tlay of the month, a late penalty of 5.096~of. the oombined amounts currently dus and/or
pest due, will be added to and rnllected with whatever amounts are due for tfie montfi in question. if
- .
ar~e~Ny due a~d/or past due paymenh or parts thereof under the terms of this note remain unpaid
at the end of any month, then said unpaid amount wil! be carried fwward and added to the amounts :
comi due ur?der the terms of this note for sub
~g ssquent.v~?ths for the ur =
p pose of calculating;subsequent s~,,~
lata penalties. Amounts due-under the terms of this. note ere understood to be but not limited to.
- • _ ...~;i~~
(1) Regularly amortized interest and principal payments. f
(2) City and/or oou~y taxes when pnid by the payee herein. ~''c~~.~
(3) Insurance premiums whs~ paid by the pnyee herein.
x~:~x~
(4) Senior mortgage paymeMs when paid by the payee herein.
' c?i t `i
(5) Street, sewer and water iiens whe~ paid by the payee herein. f~'F'~~
~ . 4
E a
c h instal lment first shall be applied in the pnyntent of the interest and ihen on t!?e unpaid bal- ti•`•-"
, r ~r
ar~oe of the principa) wm. If default is made in the payment of any installment when due, then at the
option of the holder, and without any other notice, a!I the remaining installments shall be due and psyabte at
k y.
once. Privilege is given to pay two or more instellments at any instaltment mat~rity date, bvt this shall
not extend the time of maturity of any subsequent instaffinent. Meither forbearar~ce, nor aaeptar~oe by
the holder hereof aher any default in any payment hereon, shal!°be deerried extension.
Each maker, surefy and endorsar hereof, joinNy and severaHy, wa+ves demand, presentment,
protest and notice of protest for nanpayment, and further agrees to any extension of time of psyment, i-
. z.; .
either before or after maturity, without notiee to any of us; and to pay all costs of oolleciion, including a ~
reasw?able a»orney's fes fn tfie event of any default hereunder.
r.: .
WITNESS THE HANDS AND SEAL OF EACH PARTY. ~s/ William Blue Jr.
/s/~ Virginia V. Blue
. :
. ~ , .
~ . (~?L)
~f _
~
- - ,
~
~
_ ~
i~ ~