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~o ~iaue and to ~iold 1'i~ xa~n~< lug~•I~i~•r tuil~~ I~~P I~nrm~~nfs. Iirret~ilumi•nls ~uu~ uppwfr
nan~rs I~u~?~•lu ~~~~~u~~ging. an~~ f~~~ ?~•nfs. issu~~s an~~ p?ujils I~u•n•u~. w~lo I~iP mo?Igayr~•. ir~ ~~•r simp~r.
~1`~ I~~r ?no?Iqa~~or cor~•nanfs u~il~~ I~ie morfgayeN 1~~nt 1~~~ mu?fi~ttqor ~s in~~r~i~nsi~?~y sri=~•i~ oj sqic~
~ ~nn~~ in sim~~~r: I~~of 1~~~ murf{~a~or {~as ~~oo~~ ri~~{~1 an~~ ~air(u~ aul~~urily fu ~-ont•t•y sni~~ ~un~~ ns ajurP
~ .aiil: 1{~nf tG~~ mwlqnyor ~ril~ mu4~ such (urthi~r ussurani•~s to p~•rfe~•t IhP fpP simplp lil~e to sai~1 ~and in 1{~e
n~orfqac~~e us ma~ rnasona~~~y ~,e re~~uirv~~: f{~~f ftiN mort~~nyor ~~erphy ~u~~y u~annnfs 1{~~ lif~v lo sai~~ ~an~
n?ul ~oill d~/~•n~l tl~e same against t{~e ~au~(u~ ~~~aims u( (II~ (7P/SO/13 u~~0II130P1'P~: ~n~~ fhat suid ~~r~d is (ree
~„d ~-I~~~~. ~,J ~ll rn~-umf?mnr~s excep* that certain first mortgage recorded in
0. R. B. 259, Page 1689, St. Lucie County Records.
PROVIDED ALWAYS: that said mortgagors shall pay unto said mortgagee
the certain promissory note hereinafter substantially copied or
identified, TO-WIT:
. ~ ~
~ 1, 305.00 No. 594-A
Fort Pierca, Florida D~Qembar 2Q 19~-
Harria G~~ASt~l"~11C~`OT~{ ~O~'pOr8~~0~1f us, promise to pay without defalcation to the order of
, at the office of the payee
herein in Fort Pierae, Florida or at such other plaoe as the payee herein shall designate in writing, the
sum of s 1. 305 . 00 with interest from date at the rote of~Os.~_% per annum, pnyable
in monthly installments as follows; to-wit: ~
;?7 _ 7 Z on the day of •R~bi'Lli T- 19~$.-_ and a like sum
on the oorresponciing day of each like suoceeding month thereafter until pgld 1t1 ~Llll
In the event any amcwnts turrently due and/or past due under the terms of this note are not paid
I by the 15t?~ay of the month, a late penalfy of 5.0% of tfie combined amounts currently due and/or
I past due, will be added to and collected with whatever amouMs 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
coming due under the terms of this note for subsequent months for the purpose of calculating subsequent
late penalties. Amounts due under the terms of ihis note are understood to be but not limited to.
~
:
~ (1) Regularly amortized interest and principal payments.
(2) City and/or county taxes when paid by the payee herein.
(3) Insurance premiums when paid by the payee herein.
. (4) Senior mortgage payments when paid by the payee herein.
Sheet, sewer and water liens when paid by the payee herein.
. Each installment first shall be applied in the pay~nertt of the interest and then on the unpaid bal-
ance of the principal sum. If default is mbde in the paymeM of any insta{Iment 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 acceptance by
~ the holder hereof afier any default in any payment hereon, shall be deemed extension.
Each malcer, surety and endorsar hereof, jointly and severally, waives demand, presentment,
~ protest and notioe of protest for nonpayment, and further agrees to any extension of time of payment,
~ either before or afier maturity, without notice to any of us; and to pay all costs of mllection, including a
~ reasonable attorney's fee in the event of any default hereunder.
"Y'
~ WITNESS THE HANDS AND SEAL OF EACH PARTY~$/ .~~~~-er~..,~,a _(SEAL)
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~ ~S~ -~~8~~~'6~ r Ctrn»r~ - - ($EAL)
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b~~~ P~GE
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