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HomeMy WebLinkAbout0950 ~o ~iaue and to ~told ftiP samr. lu,yrl~~er wilti 1{~e fenemenfs. ~erei~ifumenls dnc~ app~ufe eiani•~s I~~~re/o ~~e~onginc~, antr fhr ?enfs, issues projils I~~rreo~, unto Ihe moriga,yee. in jPP simple. ~n~ 1{~e morf~ac~or coiK~nanfs toil~~ I~~e murlyat~ee I~~af Ihe mo~fgagor is in~~r~Pasi6~y sriz~~~ o~ saic~ Ian~1 in (ve simplP; thaf t1~e morl~apor {~as c~ood ri~hf and lau~(ul nuthority lo cunney said lund as ufore- sai~~; If~a! 1~~~ murfgagor iri~~ ma~e such ~url{~er assuranres fo perJecf the ~ee simp~e lil~e fo sai~ ~an~ in 1{~e n~o?f~~~gee as may reasona6ly 6e reyuired: Il~at Ihe mo?tga,yor here6y f ul~y warrnnls the tille to said land am1 u~il~ dP~end the same against ihe iawrul claims of all persons u~{~omsuei~er: and Ihat said land is free (1!1(~ fIPAf O/ A~I PIl('IIRi~IAflCPS t f I I . ~rou~ded ~tways, fRat i~ said morfgagor sI~aII pay unto sau~ morfgagpe the cerlain promis- sory nof~ ~IPfP111Qjtpr sutislantia~~y copie~ or iclenfi~iet~. fo-wil: ! PROMISSORY NOTE _ • $ Fort Pierce, Florida, ~~T_~T , 19~ For value received, I, we or either of us, promise to pay, Without defalcation, to the order of FLORIDA BANK AT FORT PIERCE SO1 Orange Avenue, Fort Pierce, Florida 33450, the sum of $ E with interest from date at the rate of~~ per annum, in ~ monthly installments as follows: $ on the 14th day of ~ a,,.~,Qt , 19~, and a like sum on ^e corresponding day of each ~ month 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 de- ~ ~ fault is made in the payment of any installment when due, and such ~ default continues 30 days, then at the option of the holder, and with- ~ out any other notice, all the reaaining installments shall be due and ~ payable at once. Privilege is given to prepay this note in whole or ~ ~ in part at any time without penalty. Neither forebearance, nvr i ~ acceptance by the holder thereof efter any default in payments hereon, ~ shall be deemed extension. A late payment charge of $ , shall ~ ~t be added to each installment remaining unpaid 7 days a its due date, and a like sum shall be added to each such installment remaining ; unpaid 7 days after each succeeding payment date. ~ Each maker, surety and endorser hereof, jointly and sever- resentment rotest and notice of protest for s~ ally, waives demand, p p 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, and hereby severally waives - all benefit of homestead and exemption under the constitution and laws ;Y; of each State of the United States, as against this obligation or any extension or renewal hereof. Witness the hand and seal of each party. rw~; /y ~ :u-; ~~lG?'~'+'<<~ ~y~ ~ SEAL) :~;ry ~,j :.ani~l c.~;~~ ~,:ri ~ _ - , ( S E AL ) , ~ ~-G.. ~7 g~'~313 P~E 948 ~~a