HomeMy WebLinkAbout0911 ~
.
. ~
~o ~aue and to ~iotd Ihe sam~~, Ic~~rl{~N~ witti ftiP tenomenli. I~r?rdilumi•nls an~~ uppurip ~
~io?~rrs 1~~~?t~fo {?N~u~~r~ing, ane~ f~~~ rnnfs. issues ~n~~ proj7fs f~~p~e~~. tu~lo 1~~P mo?I~o,ypp. in (~r simp~v. i ~
, i
~INi 1{~~~ m~o?f~aAo~ cor~nanla ~oil~~ Ihe murfpagee ftiat ftie murlgapo? is inr~v~~a~ibly svix~c~ o' aqid
lan~l i~~ ~~P simpl~~; Il~at Ihe mo~f~nQor I~as pooc~ ri~l~l and Iau~ju~ aulRority~lo coa~~py snid ~u~id as u/o?p~
sairl: that ~lie morl~agor u~ill mnlre such /urll~er qssurances to p~?(ec1 IhP (ee ~imple (ille to 1~11~ ~AR~ in'fhe
mortc~af~~~ as moy reasonab~y be reyuired: Iha! (he mortganor l~ereby ~uQy u~arrants fl~e title to sei~ lund
~r~d u~ill dP~encl fJ~p s~me aflainsf fl~e lau~~uj rlaims o/ a~~ peraona a•~omioever: antl tl~af said lana is ~rpe
an~~ c~ear o~ ~I1 en~ur?tbra~~res except taxes for 1978, f
. ~
AND the mortgagor hereby further covenants and aArees not to
convey the property mortga~ed herein without the consent of the
mortgagee, and the assumption of the new owner of the unpaid
balance of the mo,rtgage, in the event transfer of conveyance is
made without the consent and the assumption in due form, then the
~unpaid balance of this mortgage may be accelerated without notice .
by the mortgagee, and the mortgagee may declare'the entire debt
due and payable. -
I
_
i
. f
~rou~ded ~tways~ tha! i( sai~ morigago~ stin~~ pay unfo said mortgagee t~e certain promis- ~
sory nofe OPIPIqA~fvr su~sfantia~~y copirc~ or icrentif ied, to-u?if : ~
• - ~
i
. `
60,000.00 ~ Fort Pierce, Florida, April ip , 1978 -
For value,received, I, we or efther of us~ promise to pay, without
defalcation, to the order of FIARIDA BANK~qT FORT PIERCE, 501 Orange Avenue,. -
Fort Pierce. Florida 33450, the sum of $60,000.00 with interest fro~? date at the
rate of 9X per annum in'180 -monthly installments as fallows:'$ 608.60
on the ~-aay of . 1978, and a Iike sum on the correspon ing
day of each month therea ter until the whole be fully paid.
Each installment first shall be app2ied in paymeat of the iaterest and
then on the unpaid balance of the principal sum. If default is made in the
payment of any iastallmeat when due, and such default continues 30 days, 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 prepay
this note in whole or in part at any time without penalty. Neither forebearaace,
nor acceptance by the holder thereof after any dafault in paymeAts hereon, shall
be deemed extension. A late payment charge of S 30.34 , shall be added to
each install~aent remaining unpaid 7 days after its due date, and a like sum -
shall be added to eact~ such installment remaining unpaid 7 da3~s after each
succeeding payment date.
Each maker, surety and endorser hereof, jointly and severally, waives
demand, presentment protest and notice of protest for nonpayment, and further
agrees to any extension of time of payment, either before or after maturity,
Without notice to any of us; and to pay all cos~s of collection, including a
reasonable attorney's fee in the event of any default hereunder, and hereby
severally waives all benefit of hoaestead and exemption under the constitu~ion
and laws of each State of the United States, as agaiast this obligation or
any extension oz renewal hereof.
' Interest payments will be made on the sums advanced by the holder to
the maker during the period of construction of the maker~•s residence for which
the above sum is loaned. .
Witness the hand and seal of each party.
• G~i~ ~
~ (SEAL)
BOJII~V~ ~$E JOHN . CEliER
~ f;
~ •~1~.~..77`" C-(~ r h~ f I(sEAt.)
CHARLOTTE A. CBMER ' '
1! ~ ~