HomeMy WebLinkAbout2585 i
~'o ~iaUe and to ~iotd Ilre same, Icxlrll~er wit{? 1lu• Iw?emPnls, {rt•nvlilumc•nls and appurlP
nonres 11~t•rplu {?c•lon~lirur, an?{ Ilre ?enfs, issues and profits Ilrv?c•oJ, unto tlrP morfgag~p, in Jrr simple.
~n~ 1hP rnorlllallor rovca~anfs wit{? the morfflagNe Ihal Ilre morlgagor is indrJ~usibly seiu•d of said
land in Jc•c• simplN; tl~af flee morlgagor has good right and lawful authority !o convey said lured as aJore-
suicl: 1{~al IhF morfria{tor will make surly Jurflrer assurances fo perfect the Jee simple title to said land in the
mortgagee as may reasonably Ire required: Ural Ilre mortgagor hereby fully warranfa f{~e fills fo said land
and mill dpJr•nd tl~e same against fire law/ul claims of all persons u~{~omsoever: and that said land is Jree
and clear o/ all enc•umlrranr~: 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 Ft. Pierce
dated August 25, 1978 and recorded in OR Book 293, page 1362 of
the public records of St. Lucie County, Florida, in the original
principal amount of $23,100.00 J/_
I
I
~rou~ded ~tways 1l~at i said morl a or shall d mortgagee 1{~e cerfnin promis i.
1 J 9 9 Pay unto sac
sory note {~erPinaJfpr substantially copied or idenli lied, to-u~il: j
Farr YiE>rce, Florida
7,270.00 P.Tril 13, 1979
FOR VALUE RECEIVED, We promise to aav, without defalcation, to the
order of BENCHMARK C'OI~STR'.. C^' . Qn. CO~PA "~Y , 1 NC . a t 1 108 Alameda Ave . , '
Fort Pierce , Florida , the stitr. ,~f SEVErI THOL'SANP, 7'F'0 Yl't`'DREP SEVENTY ~ 00/100
Dollars with interest f.rutr cia._e a~ 'hc~ rate of 9.75 per annum in
monthly installments as fol~~}ws
$ 67.0(bn the 20th day of_ T'`a 1 g____ a:~_? like sum on the
corresponding aay of each succe- edinP period thereafter until the
whole be fully paid.
Each installment first shall he applied ir. payment of the interest
and then on the unpaid balance of t_=,e 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 i-e-
maining installments shall be-due and payable at once. Privilege
I is given to pay two or more installments at any installment maturity
'ate, but tr:is shall not extend the time of maturity of any sub-
>eq~ent installment. Neither forbearance, nor acceptance by the
r:c,?der hereof after any default in any payment hereon, shall be
E cl~emed extension.
i
Fa~ n maker, surety znd endorser 'rcrcof, -jointly and severally, waives
c±emand, present-ment, protest a;rd notice of protest for non-
= navmer.t, and f~lrihcr aY,rees `_O anv ?xtension of time of payment,
• -
x c~irher bef:~re c•r rs?t~~r r;:::turity, ~~ri.thout notice to ar.v of us; and to
:av .;11 cuts: cc~l:ectior, incl~:ciinP a reasonable attorney's
' ~ rc in t'~e c-•~~c r:• :c•f.islt i}?.r~.,lnrier, and }:ere~bv severally waives
=i; i benc fi r ~~2 '~:c~-.c - ~7,'. ar.;3 ~f.T^r:r i~)n r;ncir~r rrc~ c'c~r.~titution
:ins law., ~~f . ~ , Stmt c•: as again:. t this
K::
, i j..~,t, 3 3S i~ ~r~ «':r~'.~ it~5t~.i1-
r~E-:.t r~:ma ir: i , : - ~ . : ~ ; f•r i ~ . ..~_tt• ~;~~r c> any. a like
SU!^ S~::i ~ 1 r t- c' 3i ~ f~ ...,i ti' 1 l: ~~%3 . t: ~ r
?
3
n
/5/ Michael Fay Hill
U ~ eaU ! ~.1!'t 2584 (Seal)
30Gr
/5/ Brenda Nill - _ - -
f~ - - -