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~~~nrNS Ihrrrlo ~?r~u.~{~inq. ~nr~ I~~i• n~nfs. issu~~s ani~ pro~ils I~~rr~~u~. u~~fo I~~p morfqayeP. in jM simplp. .
Il:r morl~~~~~or i•o~~~~nnnls u~il~~ fhe moNga~Pe I~af i~e morl~aflo~ is in~~r~~•asi~+~y,sri_~c~ o~ soicl
j~ [Q111~ 1?1 ~t'P Slni~~~~•; IIIAI IhP mu?t~n~o? has ~OOIt ri~~i~i Q/l(~ lDU~j~~r pt~~~10I1~y (O C:UII~Oy SQI~ lU/l(~ QS d~0/!
I SQU~; 1~1(~~ I~IP OIUIIqU~~O/ 11•i![ make SUC/1'ur(I~er assu~ances ~O /lvflp('~ ~j1P lse simple fille /o sai~ ~and in ~~3
n~^?~~In(;pp AS I~1~!\ R•qSUfia~?~y ~?P(jUtf~; ~~IQ< <~Ip f~10l~f/aq0! /IPIp(~jr JG~~y U~QlrR/1fS l~e III~P lA :,~~d tand
A!!t~ !f'1« ~PjYftf~ /~tP san~e a~ainsf tl~e ~Qft~~Ill ~•Iaims O~ Q~~ ~ JN'tSUl:S U~~Off130P1'Pl; Q11~ ~Rp~ saIcl Iantl IS J~pp
:,.,.1 ~l~a. o~ oII en~umhranr~c except that certain first mortgage as recorded
in ~.R. Book ~270, page Z824, St. Lucie Coun~y, Flor3da.
PROVIDED ALWAYS: ;:hat if said mortgagors shall ~ay unto sa~d
martgagee *h~ certain prumis~ory note here-
inafter substantially copied or identified,
to-wit :
~
- .
. .
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:
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~.700.00 ~ 6~~ _ . ~`.r~
~ .
. . . S~pt~ab~r g ~ =
- . ~ort Pierae, Flarida 19 ' .
. . . }
• ' . Y:~ :
~ For valus rooeived. 1, we, or either of w,;prorni~e to Pay without defalcation to the ord~ of
at the offias of the
CoosL~w i~a io~ ~ ~r~ -
hetein i:~ _ Fort Pieroe, ida or ~t ~oiher aoa as t~=PaYee herein ~,yel~ designaM in wtiting, tl~e
. WOn of ~ ~ ; with interest kCR~ da#e.~t the rate of av• `X, P~ a~?n'4 i~Y~e ~ ~
ia mostthiy instaNments as follows, to-wit: - . , r..~
: ~ ~
. ~ ~T.00 on thc~ lOth = .~~y ~ - ,
~ } ~ ~ r:~,
~~~Z' 19~_ and a like wm ~ `t!°~.
on the ao~respcmdi da~r of each iike suaeeding month th-~ ~nfter untii tht l~th dy' s.-:~.~.
Ot XQ7~!`i.~~fZ it If~ d~~ tb! ~ ::e.
~?rrluei~al sala~ue~ aRd - ~D~4 ~t ot ,
sw
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d~
s w~ i a
t t
r~~ t ~ r
i l l b t II
w a
a
d
D~Ta~l~ sa l~1. . _ _
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~n. !he eve~t a~y amounh currently due and/or pasi due under the terms of this note arb~ not ~aid ~,~"~~=iF'
by the 25ZL day ot the month, a late ~enaly iif S.0lf. vf the aombined amounts ~xreMly dae and/or ~x~~
pasf due, will be added to and'.obllected with whatevet amouMs a~ due for tfie month in question. If. 'r":;~~:
aurrenHy due and/or past due payme?~ts or ps;ts thereof under the terms of ti?~s note remain unpaid
st the snc~ of any month.-then said ynpaid amo~urrt wiil be carried forward and added to tfie amounts ~
coming due under the terms of this note for subseqFuertt .rtpnths for the purpose af catculating subsequent ,
- lale penatties. Amounts due under tfie temu of ~tsl rio~` ~re unders~ood to be but not limited, f+b. _ ~4=.~~;
- - r ~i
. - > ~ . . . . r
~ -(1) Regularly amortized interest' and princi~p1 ~y
y ~ f~~,
f I^'7 ~s• • ' t r .
. j .
(4) City andJor oounty taxes when paid by the payee herein. ~ r' `
'(3) Insuronca premiums wher~ paid by the payee herein. .
(4) Senior morr9aye PaYmtrrts when paid by the payee herein.
Street, sawer and water liens when paid by tfie payes herein. Y
Ead~ installment first sheN be appleed in the psyn~ent of the 9nterest and tl~ers on , the unpaid bal-
ance ot tha principal wm. !i detault is made in ihe pa}ment of any installment when due, then at the -
option of the twlder, a~d witFwut any other notioe, all the remaining ir~stallments shall be due and payable at
onoe. Privilege is given to pay two or more instaltments at any installment matwity date, but this shall .
not-extend the time of maturity of any subsequeM installmeM. Ne9ther fnrbearance, nor saeptanoe by -
the holder hereaf aher any default in any pnyment hereon, sh~ll be deerr~ed extension. ~ :
Eacfi maker, wrety and endorser hereof. joinfly and severally, vraives demand, presentment, .
~protest and notice of orotest for nonpayment, ar~d funher _agrees to any extension of time of payment, - -
eith~ Eiefore or aftef msturiiy, witFwut notice to~ any of us; and to pay ali cosfs of oolledion, inciuding a - -
resaonabl~ attorne~s fee in the event of any defautt hereunder.
W17NE3.S 7HE HANOS AND SEAL OF EACH PARTY. _ /s / J ohn Le e
/s/ Len.ora Lee. ~qy
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EGUI(~~~ pq~ $
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