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and clPgf of qll Pnnlml?rnnc(•s except that certain r~iortgage as recorded in
O.R.IIook 300 at page 17 of the public records of St. Lucie County,
Florida.
PROVIDED ALWAYS: that if the said IvIORTGAGORS herein shall pay
unto said mortgagee herein the certain
promissory note hereinafter substantially
copied or identified, to-e:it:
~ 4,795.26 No. 700
Fort Pierce, Florida April 20 1979
For value received, 1, we,- or either of us, promise to pay without defalcation to the order of
Harris Construction Corporation , at the office of the payee
herein in orida or at such other place as the payee herein hall designate in writing, the
sum of = ~~J' with interest from date at the rate of ~0.0 % per annum, payable
in monthly installments as follows, to-wit:
121. X47.00
= 54 on the 10th day of May 19 79 and S~Iie1CR~n
on the corresponding day of each like succeeding month thereafter until June 10 ~ 19 $4
at >rhich time any unpaid principal balance plus any accrued
interest x111 come due and payable
In the event any amounts currently due and/or past due under the terms of this note are not paid
by the 25th day of the month, a late penalty of 5.0% of the combined amounts currently due and/or
past due, will be added to and collected with whatever amounts are due for the month in question. If
currently due and/or past due payments or parts 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 subsequent 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 amortized interest and principal payments.
~ (2) City and/or county taxes when paid by the payee herein.
(3) Insurance premiums when paid by the payee herein.
(4) Senior mortgage payments when paid by the payee herein.
(5) Street, sewer and water liens when paid by the payee herein.
(
Each installment first shall be applied in the payment of the interest and then on the unpaid bal-
ante 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 given 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 forbearance, nor acceptance by
.the holder hereof after any default in any payment hereon, shall be deemed extension.
Each maker, surety 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 after maturity, without 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.
f; /s/ Robert A.Carr
WITNESS THE HANDS AND SEAL OF EACH PARTY. (SEAL)
/d/ Gloria D . Carr (SEAL)
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6oac3U7 ~1T~8 (SEAL,
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