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~ Illl)/~(~pI~PP qS /IIA~ /PaSU1lQ~ly ~)P ~P(~UI~P~: ~~A~ ~~e morlflago? ~PIPhy ~II~'y ll~prfQR~t ~IIP ~l~~P ~O SQI~ ~Q/l(I
~ ~tll~~ U•1~~ (~PJPp(~ ~~P SAIIIP afluinsl (~P ~QW~U~ f~QlI11S O~ Q~~ ~PfSOR3 U~lIORl30Pl'P~; QII~ ~?IQ~ JAId [and IS ,Ipp
~~~~~m?~-~•.~o~ pYnp1+'>t t},at ~Prtain first mort~age to First
Federal SL Assoc. recorded in O.R.B. 281, page 1405, public records
of St. Lucie County, Fla.(2} tax.es accruing after April 21,1978•
PROVIDED ALWAYS: that if said mortgagor shall pay unto said mort-
gagee that certain promissory note hereinafter
substantially copied or identifier~, to-wit:
~ 6,000.00 No,_ 655
Fort Pierce, Florida -Apri 1? 1 ~ q_~'~
For _ value received, I, we, or either of us, promise to pay without defalcation to the order of
Harria Construetion ~rporat~ion ~~~e offiae of the payee
herein in Pierce, Florida or at such other plaoe as payee rein shall designate in writing, . the
sum of s~~000.00 with interest from date at the rate of 10.0 % per anrnim, payable
in monthly installments as fo((ows, to-wit: ~
~ 55.00 'on the~~~L day of_~8y 19~^ and a like sum
on the corresponding day of each (ike sueceeding month thereaRer until M8y 10 ~-1~83
at Mhich t3me any unpaid balance oP principal and interest
Nill come due and be payable in Pull.
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~ In the event any amounts currently due and/or past due under the terms of this note are not paid
k by the 25t~iay of the month, a late penaify of 5.0% of the combined amounts currently due and/or
j past due, will be added to and co!lected with whatever amounts are due for the month in question. If
; currently d~e and/or past due payments or parts thereof unde~ the terms of this note remain un~aid
f at the end of any month, then said unpaid amount will be car~ied forward and added to the amounts
; coming due under the terms of this note for subsequent months for ~he purpose of calculating subsequent
~ late penalties. Amounts due under tfie terms of this note are understood to be but not limited to.
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_ (1) Regutarly amortized interest and principal payments.
; (2) City and/or rnunty taxes when paid by the pay.ee herein. .
~ (3) lnsurance premiums when paid by ihe payee herein.
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~ (4) Senior mortgage payments when paid by the payee herein.
~ (5) Street, sewer and water liens when pa~d by the payee herein. _
! Each installment first shall be apptied in the payment of the interest and then o~t the anpaid ba!-
i ance of the principal sum. tf default is made in the payment of any installment when due, then at ihe
j option of the holder, and without any other notice, al! the remai~ing 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
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' not extend the time of maturity of any subsequent installment. Neither forbearance, nor acceptanoe 6y
; the holder hereof after any default in any payment hereon, shall be deemed extension.
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~ Each make?, 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 costs of collection, including a
reasonable attorney's fee in tfie event of any default hereunder.
WITNESS THE HANDS AND SEAL OF EACH PARTY. / s/ Ge orge W. Wi 1 s on ~~q~~
/s/ Dollie Wilson t~~~
(SEA~) -
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