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~0 ~t Allf~ iV Itie some, toyel~~e~ wilti Ihe lenemenl~, tie?~Ifamenft anc~ appu~le-
IIQfIfPJ thprefo ~e~onging, nntl II~e rents, issues and pro(ils fheno~, unfo Itie mortgoges. tn ~ts simpip.
fhe n~Wf~ogo? rn~~Pnantt wlfh Ihe mortgagee Ihaf ttier mwtgagor ia tnc~r~easib~y seiza~ o~ satt~
~an~~ in ~ee simplP: Itiat ftie morlgagor tias gooc~ rig~l and ~aw~u~ aufhority !o coq~ey suIc~ ~and as a~on-
sai~; If~ut !he mortflagor wi~~ make such f urlher assura~ces to per~ecl Ihe ~ee :tmp~e lit1~ !o said land in fhe
mortgupee as may reasona6~y be required: t~nf f~e mortgagor ?~ereby ju~~y warranfs the fil~e to sate~ ~and
and u~~ll de%nd the same against the lnw)u~ clnims oF aU penons whotnsoever; and t1~at ~nid land . is ~ree
a~d clea. o/ aI! encu?n6ronces 8xeept for taxes for the year 1979 and thereafter,
and that certain mortgage executed by Benchmark Construction Company, Inc.
in favor of First Federal Savings~and~~~n Association of Fort Pierce
dated September 14, 1977 and re~orded~~i:QR~$ook 274 page 1043 of the
public records of St. Lucie County,~Flgri,cJ,~,, in the original principal
amount of $19,900.00 ~
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~rV~l~ ~~s~ !{~a! i~ saic~ mortgagor shall pay unto said morfgoQet fhe certntn promis- ,
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sory note ~iereina(ter sul~atanfially rnpiecj w ldenti~itd, to-wit:
Fc~rr. Yierc s- c~r i.i::
$ 5.135.22 D~ ~ e~ . - June 1, 1979
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~ FOR VAI~UE RECEIVED, We prou~ise to pay, witho~a: c~•f~L~~at:c~::, L~? {
order of BENC~IARK CONSTRUCTION COMPANY. I*:C . a r L~~8 A' ired '
Fort Pierce. Florida, the sum of Fi~e th°usand one hun red t~i~ir~y ~`ive and 22/100 ~
Dollars with interest froff. date. at_ r_~ie rar_e ~~73~~~per
~T~~-L'r. ~
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in monthiy installments as follows:
~ S 51.00 .~r. the~~ 10th.- day of July 1979 c1r~ a like ;
s~un on t e corres on3in da of eac e succe~dinR Y
~ veriod thereafterpuntilgtheywhole be fully paid.
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~ Each installment first shall be applied in nayment of the interest f
and then on the urtpaid balance of the prir:c~ ~al sum. If default is
made in the payment of any ?n~'al~rnent whe:~ d~ie, then at the option
of the holder, and without any o'her noCi~~e, all the remaining
installments s'.:ali be due and ~ayable ar cr.c~:_ Frivilege is given
to pay two or more insta i t,:~c~r ~s a~ an~~ : t~~ t~=1 lment maturity date ,
~ but Chis shal ~ not cxtenc3 t~ e t ime of T-:~ r_;~: i~.,~ ~f any subsequent
installment. Neither fonc~~arancc:. nor accer~~nce by the holder
hereof after any defau_t ::i a^y Fayment :~ereon, shall be deemed
extension. ~
Each maker, surety a7d cndorser h~reaf, ::~intly and severally.
waives demand, presentmen~, ~ro:cst and nc~r_;ce af protest for
non-payment and further «grees ta any extension of time of pay-
~ ment, either bef~~re or after mafurir~ , ~rit~~ut n~~*_ice to any of
us; and to ~i~ Cn,SCS .~f :_ollection, ~r~cluui~:~ a rc~asonabl~
~ attorne~'s fE~e ~r. ~.hc~ e~f~n~- of any def.au~ ~ hereunder, and
hereby severally w~vies all benefit of. homE-stead and exemption
under the consti~ution and laws of each Srate _nf the United
~ States, as against this ohliQatian or any exre:;sion or renewal
~ hereof.
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~ 2.55 shall be added to each
r~ A late payment charge of $
~ installment remaining unpai seven (7) ua~.~s ~fter its due
~ date, and a like surr_ shall be added to eact: such =nst~illment
~ remaining ~npaid seven (7) days after eac;~ successive pay-
ment date.
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~ Witness the hand and seal ~f carh parLv
~ • Vi~ ?..r lr' `~~.'r'.f11 ~ .
~ ?t11..~ ~r~iJt f J Franklia H.~ Samuel
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~ l_ Sallq J. Santia2 . - - ` -
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