HomeMy WebLinkAbout0686 i
~o ~laue and to ~iotd IhP scmu~. lu~~rl~~rr wil~~ 1~~r Irnemrnls. I~rn•~~ilumrnls an~~ appu?Ip
n~nirs I~~rn•lo ~?~~~uu~~in~~. an~~ I~u• rnnfs. issues ant~ pro~ils I~u~?~o~. w~fo Ihp mo.lgngPe. in ~pr simp~N.
~n~ I~~c• murf{~a~~ur rorrnm~fs u~ifG i~~~ morlya{~Pp I~~af I~~p morfi~agur is in~~~•%~asi~~~y sri:et~ aj sait~
Icuul in (rr sini~~l~~: 1ha1 t1~N morf~~flor has ~o~xl ri~ht and lau~~ul aultio?ity ro ron~~ey sai~l li~n~1 as ujore
sui~~; f1u~f 1~~r murfr~o{~or u~i~~ mp~iF such ~urltier ussuram•es lo pe~~cK•f Ih~ jee simp~e lil~e to sai~ ~un~ in Ihe ;
mort~~a~~~p as m~iy rensc?ria~~~y ~~e reyuirec~: fhal f~e mortga{~or heretiy ~u~~y u~arranfs 1{~e lif~e lo saic~ ~and =
an~l ~oill d~~(~~~ul tlie same ~flainst t{~e law(u~ c~aims o~ aU person~ whomsoei~er: and Ihuf aaid land i: ~ree ;
~~~J ~•tP~~ ~J ~It ,~~~•~~~~6.~?~~~s except that certain first mortgage recorded
in O.R.Book 268 , at page 682 of the public reeords of St.
Lucie County, Florida due to First Federal S&L Association of Fort
Pierce, Florida.
PROVIDED ALWAYS: that if said mortgagors shall pay unto said
mortgagee the certain promissory note here-
inafter substantialljr copied or identified,
to-wit: -
_ _ . _ _ . . ._t
. .m
_ - - i ~ -
~ ~ ~`,f t:'yG-
. . _ ~
: ~ 2:;90.00 - Nc ~ - : k ~ ~
. - ;
: ~'+'y.
- • Fort _Pisras, Fbrida ~ u - 1D . ~ '
. . ~ . - . ~ . . . . . S~. _
For vatue receival.. l, we. or either aF~u~. P~!~fse to I~aY without defalcation fo t~,e~i4rder of ~ a
~ 1t~s 0~8~'~DC1r~T~ON 'i~It~ . ~t the offiae~of fh~ payee . ;
. hsfein in ~e , ida or at sucfi other p~~ peyee herei,n shall designat~e (n- ~i~vriting, the '
; s u m o f i~~v•~' ` w i t h i n t
e
r a
s
t. f
t
o m d a
t
a a
t t h e r
a t
e of 10•0 9~ p~ er~rnxn, p a
yable ~~_~3
in mo~?thly insfallments as folbws, to-wit: . - -~~r:.`'-'
' T8~ f = . . ~ ~e ~~z.; °y:~ JItlV 19
.~=-'~rid a like sum ~ r
~L ~1'.
. on the coir~ponding day of esd~~Uk~, s~oo~eding month ifiereaher untllp~0 ,'~L
~ : . . . . ; -
~ , > ' xo~e ~rsts~t~tms slr !~la~r; . : ~ - ~rs.ss~p ot os~a~t„ ;
~
lsis os~o~is~ s~etr? ~~io ~ ~i D~tt ~ ~lw~a4 ~t ~
_ ~oL~aa lira~t. ~pp 1NS `i~il~. ~ ~isr! lr8~sai sii+ :~~oq,. ~ ~
~at ;Tt ~ M~ris - aN~berioi ~~~i~o~st) Aa~ ~e e~t~!:. ~ -
° , , -
j . ; ~~~~'fl~~v~1f - ~ _ . "-currently due ~is~'~i:.due under the terms of thi~ttldi~~r!'~liot paid ,
by Nia ~s~day of ths _inonih, a late penalty 4.0'~`'4f. tfie aombir~d amounts cwteh~ly d1M .and/or
~ ~ past due, will be added to ~nd oolleded with wfie ',eihauMs are due for the month i~t c~ue#tion. If
~ ~ currenMy due and/or past slub payments or p~at~
tsof unde~ tfie terms of this nde ~emairl unpeid ~
~ ~~t the end of any month; ~tien said unpaid amouAt ~~v(il k~e carr'ied forward and added~• b~ smounts
~ oomir~ due under tfie terms of ~his note for subsetiuia+~t. rqonths for the purpose af cala~latinp,.wbsequent
~ ~(ate ~isnalties. Arnounlf= ~lue under the terms o~! ~1i-s not~ bre urtdentood to be but not Iimiled- tq.
s; ~ ~ r~.x~;
, _ . ~ . . ~ f r _ ~
(1)~ ~ Regularly amortized inferest and~ principal payments. .'r;~:.
, (2f:. Ciiy andlor aounry taxes a?hen peid by the payee herein. -
~ (3) ' f~uurance premiums when pAid by the payee herein.
ns
e ments when id b tfie ee herein. . r:. -
(4) Senior morr9a9 PaY . Pa~ Y PaY c~;
(5) SRreet, sower and water liens when paid by the. payee fierein. ' 4-~ `f-:-
~ Each installment fint shall be applied in the paynient of the interest and then on the unpaid bal-
ance of the principal wm. If default is made in the payment of any installment when due, then-at the -
option of the fiolder, and without any other notioe, all the romaining installments shall be due and payable at =
once. Privilege is given to pay fwo or more inst~ImeMs et any installment maturity date, bvt this shall t'~'
not extend the time o# maturify of any subsequent installment. Neither forbearance, nor acceptanoe by `
the holder hereof after any default in any payment hereon, shall be deemed extensior~. ~
; ~ .
- Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment, ~ -
protest and notice af protest for nonpayment, and further agrees ro any extension of time of payment,
~ either before or after maturity, without notioe to any of us; and to pay all costs of oollection, including a -
~ -
re~sonable attorney's fee in tfie event of arry default hereunder. ~
~ WITNESS THE HANDS AND SEAL OF EACH PARTY. /s/ D[John S. We? sh (SEAL)
~ /s/ Elizabeth E. Welsh ~q~~ _ ,j'~;
~
<
~ -
(SEA?L) . = S
~ooK ~b~ P~~E 6~5