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I`0~~ If~e ~ame, loyvt~er a?ifh the fvnemrnfs. ~wQ~litunienls anc~ app~arlr-
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nnnn~s I~~pn~to br~on~i~~{~, a~i~ 1~ii• renfs. issu~s unc~ projifs fl~ereo~, unlo ?hP mo'rfgagep, in (pe limplp. -
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~ 11~~ If~e morlpaf~or eovenanf~ wif~~ f~e mo?fga8ee I~a! IRe niorlgago? is inc~v~c~asib~y spizc~ o~ :aid }
lond in fee simpje: f{~ai I~e morfgagor /eas good rig~l and law~u~ auttio~ity to convpy ~ni~ ~un~ as a~ore- x
sai~: t~at 11~p mo?f{~agor ivt~~ make tuch furfl~er ut~urances to perfecl fl~e ~ee sirnp~s Ul~e to sata ~and tn th~ ;
morlgagee as may reasona6~y be requi?ar~: tl~at l~v mo?tgagor hereby /ully warrant~ I~e tit~e fo aatd Iand ~
and wtll deJend 16t samt agai~st ti~~ lawjut clainu o) ull-penor~.t whomsoever and tkat said land is ~?ee !
Qnd clear oj al~ encumbra~ces exeept that eertain first mortgage d$e
Citizens Federal S&L Association of Fort Pierce, as recorded
in O.~R. Book 211 at pggR 537~, of the Public Records of St. ~
Luc~e County, Florida and that certain second mortgage to
Harris Construction Corporation recorded in O.R. Book 24~5,
at page 2787 of public records of St. Lucie County, Florida.
PROVIDED A~WAYS: That if said mortgagors shatl pay unto
said mortgagee the certa3n promissory
note herelnafter substantially copied
or iddntified, to-wit:
- - _ - • - _ - , . ~ ~ _ - ~
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.~D - ~ ~ - - ~ 562:ta~
3`~t~ ~ ~ - .
- - - -
. ~ - - - -
~ . Fort Pieras, Florida ~-p~~ u 19..~._
for vilue reoefved. i, we, or either of us, pranise to psy without defelcation to the ordar of .
~ H~rris Coastrttotioo Cor~tq~ation ' . et ~he c~f~as o~ tha payae
herein in Fort Plerca, Florids or st wch dfiat pfaae as #~e ~ayee t~ein l- d~ignsb in w~iting, the .
sum o# ~..~•00 - with inrorest from date et tha rsss of ~•0 y~ psr an~wm~ payabla
in momfity inststlrir~enh as fatbws, to-wit:
_.~....57. ZO _on- ±++s ~t day of ~Ml 14 ~ and a like wm
. on the eo~respondinq day of esch Illie ~ucoeeding
~nantk-tf~eresfter-~ -p~- ~11~__ _ ,
»
In thlt eveM sny amounts currenNy due ar~d-/or-past due under the terms of this rwte aro not paid
` bY the ~S~ay of ths month, a late p~nalfy of 5.0% of the aombined amounts currently due snd/or
pa:t due, wili_ be added to and ocpaclad wiifi whatever amouMs are due for the month in queation. If
currer~tly due and/or psst due payme~b or psrts ifisneof under the tamu of tfiis rate romain unpsW .
at .the end of any momh: then said unpaid am~wr~t will be carried . forward a~d ackisd ta the sn~ounts
aoming due urvder the terms of thi: rwfs fiar svb:equent montha for t~e purpose of ~!wlating aubsequant
lat~e penalties. AmouMS due under the terms of ifiis note are underatood ~o be bvt not (imited to.
, (1) ReQularly amortized interest and principal paymenta.
(2) City end/or oounty ta~ces whan paid by the payee herein. _
(3) Insuranoe piemiurns when paid bY the paYee herein.
t41 Senior mat9~ i~Y~~ when paid by the payee he~in.
tS~ Street; sewer and water liens when paid bY 'N~e paYes herein.
Eech instatlment first ~alt be applied in the paymer?t of the interest and then ort the unpaid ba!-
anoe of the principel wm. !f detault is. n~ade in tfie payment of s~ry instalimer~t when due, tf~en st the.
option of the fiolder, a~d w;thout any oti~er notiae, atl the remaining instaltments ahall be due and payable at
once. Pririlege is givan ro pay two or rtwro installmer~» at any installment matwity date, but this sfiall
nai~extand tbe time of maturity of any :ubsequeM installmer~. Neiffier forbearonoe, nor aooepta~oe by -
the hotder hereof after any default in ar?y p~eyment herean, shall be deerr~ed extension.
Eacfi maker, wrety and encio~s~sr hereof, iointly and severaily, waives dernand, preser~iment,
protest and notiae af protest for nonpayment, and further agrees to any extension of time of payment,
eithsr before or afteir rr~aturity, wiihout notiae to a~ry of us; and ro pey al! oosts of collection, including s
reasonable attorney's fee in the eveM of eny citfault hereunder. "
WITNESS THE HANDS AND SEAL OF EACH PARTY. August Stoncius
/s/ Barbara Stoncius
(SEAL) ~ '
F~1~~ ~ ~u .
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