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Home My WebLink About0769 i _~o ~iaue and to ~iotd IhP sanu~, fu~~vf~i~r euilh 1~i~ frnemPnfs. I~~•ri•i~ifunu~nls an~~ upp~utv nnn~•~~s I~~~n~lo ~~~~~urigi~ig. ~u~~ 1~~~ i~nls. issuvs nnil pro~ils f~~Nr~u~. w~l~ I~~e mortgu,yrr. in jPP simp~r. n1~~ 1~~e motf{~a~o~ co~~Pnanfs ioil~i Ihe morf~ndee ftia! 1{~P morlga{~or is in~~r~easib~y srizi~~ o~ sai~ lan~l in ~~P simplt~: 11~at t{~e 'mortgagor hos good righl and lau~~ul nuthority lo com~ey said lund as u(o?e sai~1: thut 1{~~ murt~~ayor u~ill make :u~h (urll~er assurances to per(~~ ~hp /ee simple tille to sai~1 land in Il~e mortya~ee os ma~ ?Pasonah~y he rpquire~; thuf tl~e mortgagor tierptiy ~u~~y u~arranfs fhe fit~e fo saic~ ~a~d und wiU dpJend the same again:t Il~e ~awJul cloims o( oI~ penona u~l~omsoever: and thut taid land is free ~.~d ~tp~. o~ ~il encumhran~es except that certain first mortgage as recorded ~ in O.R.Book 287 , at page 732 public records of St. Lucie County, Florida. PROVIDED ALWAYS: that if said mortgagor shall pay unto said mortgagee that certain promissory note herein substantially copied or idertified, to-wit . s ~,700.0o No 66g fort Pieroe, Florida July 10 19 For value received, 1, we, or either of ua, promise to pay without defalcation to the order of. Harris Conatruction Corporation , at the offiae of the payee he~ein in Fort Pierce, Florida or at such other plaae as the payee herein sfiall designate in writing, the sum of S r1 00 . 00 with interest from date at the rate of 1~ - ~ 96 per annum, payable in montMy inatallments as follows, to-wit: _~Q .00 ~ the lOth _ day of A~C1~dt 19~_ and a like sum on the corresponding day of each like aucoeeding month thereafter until September 10,1983 at rrhich time eny unpaid principal balance and accru d interest Kill eome due and Mill be payable in lull. ! In the event any amounts currently due and/or past due urtder the terms of this rtote are not paid i by the 25thday of the month; a late penalty of 5.0% of tfie wmbined amounts currently dus and/or I past due, wi{I be added to and collected with wfiatever amouMs are due for the month in question. If ~ currently due and/or past due payments or pa~ts 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 subaequent months for the purpose of calculating subsequent ~ late penalties. Amounts due under the terms of this note are understood to be but not limited to. ~ ~ ~ ~ (1) Regularly amo~tized interest and principal payments. (2) Ciry and/or oouniy taxes when paid by ihe payee herein. (3) Insurance premiums when paid by ~e payee herein. (4) Senior mortgage payments when paid by the payee herein. Street, sewer and water liens when paid by the payee herein. Each installment first shall be applied in fhe paymeM of the interest and then on ti~ unpaid bal- ~ ance of the principal sum. !f default is made in the paymeM of any installment 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 i~stallment. Neither forbearance, nor acceptance by ~ the holder hereof after any default in any payment hereon, shal) be deemed extension. ' g Each maker, surery and endorsar 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 afier maturity, without notice to any of us; and to pay all~ costs of oollection, including a ~ reasonable attorney's fee in the event of any default hereunder. . : WITNESS THE HANDS AND SEAL OF EACH PARTY. ~S~ Atsey Moore Jr. ~q~~ ~ ~ /s/ Vernell Moore ~Eq~~ ~ ~ ~ eflt 1( ~ Pl?~E ! i~!.L , ts~u) ~ ~ ~ ~ . ~ ~ _ ~ ~ T ~ - --~-r-- - - ~ ~ ~ ~ ~ , ~ _ z~_: ~ ~ ~ ,