HomeMy WebLinkAbout0398 ~o ~iaue and to ~old f~ir ~on~r. lu~~rl~~r~ tu~l~~ fju• IH~emi~nfs. ~~~•?aNl~fum~•~~1~ ~uu~ ap/~u?f~~
( ~iun~ 1~u•n•lu ~~r~unyi~e~~. on~~ I~i~~ n•~~Is. iccu~~s un~~ p?o~ifs f~~rn•o~. ~u~lo I~~r n~urf~)ui~rv. i?~ ~~•r ~~n~p~~•
1~r murf~ a~~ur ~~orr~~nnls u~il~~ I~u~ murl~ o~ 1~u~1 I~u~ ~u.?f~ a~ u? ~s in~ r~ asi ~ Y s~•~.~v u~ai~
~nd ? , ~ ~ ~ ~ ~ r. ~ ~ ~ i
~ueu~ in ~~•r .im~~~~~; I~~~t t~~r rnurl~~n~~ur ~ias ~~~ux~ ?i~l~~t an~~ ~uu~~u~ aul~iurily fo ~~ur~~•~•y sai~~ ~uai~ as u~iuP
I~~nf 1~~~~ n~u?fqugor u~i~~ ?na~e sui•ti (u?f~u•? ussurani~rs fo p~•r~~a•1 1{ir Jr~• simp~r lit~e to saii~ ~an~~ in ftie
;j murlgny~•~~ as n~uv r~aicuna~~~y n•quin•.~: t~~uf f~~e nwrf}~ago? ~~vn•~~y ju~~y trn?rar~l~ ttie til~P lo sait~ ~ant~
' un~1 uvll ~I~~~r~ul 11~~~ .um~~ n{t~~insf fJ~e ~nu~(ul ~•laims o~ u~~ pi•rsmu u~humsurrPr: nn~~ Itinl aaic~ ~nn~ is (?re
~~?~~1 ~~I~•~~. ~~i ~11 ~•~„~~~~~1~.~~~~~~~~ except that certain first mortgage as recorded
in O.R. Book 261, at page 1370, public records of St. Lucie County,
Florida.
PROVIDED ALWAYS: that if said mortgagor shall pay unto said
mortgagee the certain promissory note here-
in after substantially copied or identified,
to-wit: (
~
;
~
~ .
t 5,800.00 . . wo ~9 .
fort Pierce. Fiorida l~ 19 T7
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For va{ve received, 1, we, or either of us, promise to pay withaut defalcation to th~ order of „
Ha~ls Cot»tl~ttot1o11 Co~'po~'~ttlo~ , at the offioe of ths pnyee ~'f
~~e~~ 0 pr p1aoe as ths ' p~aYee herein ~S~al l,~ designate In writing, the ys:~.
he~ein in fo P' e. FI ids or at such other s;~
sum of t with interest from date at the rote of '~i 96 per ennum, ~payable ~ 1..
~ q - -
in manthly installmenfs as folbws, to-wit: . '
s 164.2~ on the~~ day of~~ 19~_ end a like sum ~ Y~4`n
on the corresponding day. of each like suaeeding month tfiereafter until p~1d 11i ttill.
~
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I .
:
~ In the event any ~amounts cur~ently due and/or past due under the terms of this ~ote are not paid
by the 1~'jtZilay of the month, a late penaly of 5.096 of the combined amounts currently due and/or ~
past due, will be added to and oollected with whatever amounts are due for the month in question. If
-currently due and/or past due payments or parts thereof under the terms of this note remain unpaid
at the end of any month, then said unpaid amount will be carried forward and added to the amounts -
s coming due under the terms of this note for subsequent nwnths for the purpose of calculating subsequent
late penalties. Amounts due under the terms of this note are undystood to be but nof limited to. ~
(1) Regularly amortized interest and principal payments.
(2) City and/or county taxes when paid by the payee herein.
(3) Insuranoe premiums when paid by the payee herein.
(d) Senior mortgage paymeMs when paid by the payee herein. ~
(5) Street, sewer and water liens when paid by the payee herein. .
Each installment first shall be applied in the payment of the interest and then on the unpaid bal-
ance of the principal sum. If default is made in the payment of any installment when due, then at the
option of the holder, and without any other notice, all the remaining installments shall be due and payable at
once. Privilege is given to pay two or more installments at any installment maturity date, but this shall
~ not extend the time of maturity of any subsequent installment. Neither forbearance, nor acceptanoe by
~ the holder hereof after any default in any payment hereon, shall be deemed extension.
~ Each maker, surety and endors~r hereof, jointly and severally, waives demand, praser,t~sent,
protest and notice of protest for nonpayment, and further agrees to any extension of time of payment,
~ either before or afier maturity, without notioe to any of us; and to pay all costs of oollection, including a
~ reasonable attorney's fee in fhe event of any default hereunder. _
~ WITNESS THE HANDS AN~ SEAL OF EACH PARTY. /s/ Robert P. Poweleit
/s/Carole E. Poweleit _
~
~ ~ ~ t ~ PA6f
~ (s~?~~
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