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~„~I ~~t~•~,. <,?1 ~•„~-u»,I,,,,n,-~s Except for taxes for the year 19~8 and thereafter,
and that certain mortgage executed by Benchmark Construction Company, Inc.
in favor of First Federal Savings and Loan Association.of Fort Pierce
dated September 14, ~1977 and recorded in OR Book page . of the
public records of St. Lucie County, Florida, in the original principal
amount of $29,900.00
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~rouided ~tways~ 1{~~t i~ sai~~ morlyayor sliull pay unto sau~ mortgagPe t~e certnin promis- ~
sory nute ~~er~ina~fer su~~slanfin~~v copiN~~ or i~pnli(iPC~. to u~it:
:
Fort Pierce, Florida
Amount: $ 7,050.00 ~ Dated July 1, 1978 .
FOR VALUE RECEIVED,We promise to pay, Without defalcation, to the order of •
BENCHMARK CONSTRUCTION CO~iPANY, INC. at 11Q8 Alameda Ave., in Fort Pierce, Florida,
the sum of SEVEN THOUSANU AND FIFTY DOLLARS ANb 00/10 0-------------
Dollars 4rith interest from date at the rate of 8,5p per annum in
monthly installments as follows: ~ _
57.00
$ on the lst day of August and a like sum on the lst
corresponding day of each like succeeding period therea~ter until the whole
be fully paid. - ~
Each installment first shall be applied.in payment of the interest and then
on the unpaid balance of the principal sum. If default is made in the
payment of any installment when due, then at the option of the holder, and
Without any other notice, all the remainin~ installments shall he due and
payable at once. Privi2ege is Rive to pay two or more installments at any
installment maturity date, but t1~is shall not extend the time•Of maturity of
any subsequent installment. Neither forbearance, nor acceptance by the holder
hereof after any default in any payment hereon, shall be deemed extension.
Each maker, surety and endorser hereof, jointly and severally, waives
demand, presentment, protest and notice of protest for non-payment, and
further agrees to any extension of time of payment, either before or after
maturity, withoLt notice to any of us; and to pay all costs of collection,
includinR a reasonable attorney's fee in the event of any default hereunder,
and hereby severally wavies all benefit of homestead and exemption under the
constitution and laws of each State of the United States, as against this
obliRation or any extension or renewal hereof.
A late charge payment of $ 2:$S shall be added to each installment
remaining unpaid seven (7) days after it is due, and a Iike sum sha12
be added to ea~h such installment remaining unpaid seven (7) days after
each successive payment date.
Witness the hand and seal of each party.
~A ~./7. 0~~ (SEAL) ,
~arroll G. Foster
.~SEAL)
500K 290 YA(;E t~tJ~7 Gla ys M Foster / ,
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