HomeMy WebLinkAbout0490 ~o ~ve ~nd to ~otd fhe sae~r, tq/el~~e~ arifti Ihe lenemp?~Is. IIPII~lIIIUhIlilli Q/ltI Gn(11~1I?'
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Ii11li f{~e morfpngo~ coi~enanfa u~Il~~ Ihe ?norfgagee Iha! Itie mwtgagor it I~c~e~nast6ly spizc~ o~ snld
Ian~~ in fee simplp; t{~at fhe mortgagor has pood ?tg{~f ancr ~au~~u~ nuthorily fo conaey saic~ ~un~ as a~ore-
sai~;. that 11~e murl~agor u~i~~ make such jurlher as~umncei fo perfect.ltis ~ee sienp(s 11tI~ to said land in 1~~
mo?fgagPa as m~p ?eusv~ea~,l}~ ~ r~ufr~; l~S.:1 Iha mo?lgagor hen6y (u~~y war?ants t~e f~fle fo said lantl
ar~d u~il! dP/end the same apainst tl~e Iawl«[ ~ra~~ o/ ut! penoni whomsoever and lhat satd [and Ir Jre~
and clc~ar oJ a!! encum6rances Exeept fOr taxes. for ~he year 197$ 8Ad
thereafter~ and that certafn mortgage executed by Bencl~mark
Construction Companq, Inc., in favor of First Federal`S~vings
and Loan Association of Fort Pierce dated May 28, 1975 an~
recorded in OR Book 239, page 2938 of the public records of
St. Lucie County, Florida, in the original principal sum of
$24~000.00 .
~rouided ~tways, ~hat i j said mortgngor shall pay unto said morlgagee !he certain pr~omia-
sory nofe tiprein~~lar suhstanlial~y copiea or i~entiJiec~, to-wif: I.
~ y
. r
. Fort Pierce, Florida
Anwunti $ 7, 042 . 96 Dated October 6, 1978 -
FOR VALUE RECEIVED,We promise to pay, without defalcation, to the order of
BENC~IlKARK CONSTRUCTION COI~'ANY, INC. at 1108 Alaa~da Ave., in Fort Pierce., Florida,
the sum of . SEVEN THOUSAND FORTY TWO p~p 96/100-------- ~
Dollars With interest from date at the rate- o~ 9 S O Zper annum ~ri
monthly installments.as follows: ~ ~ .
$ 60 . On_ on the 20thday of November and a like sum on the ~
cnrresponding day of each lfke succeeding pericid thereafter until the whole ~
~be fuily paid. - (
s
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 remaining installments shall be due and
payable at once. Privilege is give to pay tvo or more installments at any
installment maturity date, but this shall not extend the time•Of maturity of
any subsequent installinent. Nei~ther forbearance, nor acceptance by the holder
hereof after.any default in any payment hereon, shall be dee~aed extension.
Each maker, surety and endorser hereof, jointly and severally, waives
demand, presentment, protest and notice of protest for non-payment, and _
further agrees [o any extension of time of payment, either before or after
maturitq, withoLt notice to anq of us; and to pay all costs of collection,
includinR a reasonable attorney's fee in the event of any default hereunder,
and herebq severally wavies all benefit of homestead and exemption under the
consti[ution and laws vf each State of the United States, as against this
obligation or any extension or reneWal hereof.
A late charge payment of $~3.00 shall be added to each installment '
remaining unpaid seven (7) daqs after it is due, and a like sum shall
be added to each such installment remaining unpald seven (7) days after
each successive paycAent date. •
Witness the hand and seal of each party.
,
~C~~EAI.) ~
. Gre~or , wald ~
U D ~t'~t'7 PAGE 4~
. 80U!( ~'Y) . (SFAL) .
Trudv . Howald . i
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