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HomeMy WebLinkAbout1513 i• 1'rs same, logethvr wtlh the tenements, heredifuments and apprrrle- ~o ~iaue and to hold rrances thereto belonging, and the renla, issues and profits Ihsreof, unto the morfgnges, in fes aimple. the mortgagor covenants with the morfgnges that the mortgagor is Indefeasibly seized of said land in Jee simple: that the mortgagor has good right and lawful authority to convey said land as afore- said: that the mortgagor ruill make such further nsauronces to perfect the f ee aimple tills to snid Land in the mortgagee as may reasonably be required; that the mortgagor hereby fully warrants the title to said lnnd anti will defend the same against the lawful claims of nil persons whomsoever; and that said land is free and clear of all encumbrances Except for taxes for 1979 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 October 30, 1975 and recorded ' { in OR Book 245 page 1302 of the public records of St. Lucie County, Florida, in the original principal sum of $ II i; f ~routded ~lWayS, that i) said mortgagor shall pny unto said morfgnges the certain promi,- ~ sory note hereinafter substantinlly copied or identified, to-wit: Fort Pierce, Florida Amount ~ $ 3 ,x09.31 Dated February 1, 1979 FOR VALUE RECEIVED,We promise toINCy~at11108tAlamedaaAven, in Fort Piercef Florida, BENCHMARK CONSTRUCTION COMPANY, the sum of THREE THOUSAND EIGHT HUNDRED NINE AND 31/100------- Dollars with interest from date at the rate of 9.7570 per annum in monthly installments as follows: $ 50.00 on the 1st day of Mareh1979and a like sum on the corresponding day of each like succeeding period thereafter 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 remaining installments shall be due and , ~ payable at once. Privilege is give to pay two or more installments at any installment maturity date, but this shall not extend the time•Of maturity of , any subsequent installment. Neither entbhereone~shallabeedeemed extensionlder hereof after any default in .any paym 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, including a reasonable attorney's fee in the event of any default hereunder, and hereby severally wavves all benefit of homestead and exemption under the I constitution and laws of each State of the United States, as against this obligation or any extension or renewal hereof. A late charge payment of $ 7.50 shall be added to each installment r remaining unpaid seven (7) days after it is due, and a like sum shall r be added to each such installment remaining unpaid seven (7) days after each successive payment date. Witness the hand and-seal of each party. ~ ' ~ EpL) ona rant _ . ~oo~ ~U4 1511 ~ 'rant SEAL, oro y - ~ - _ - - . - :r