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~d~@ ~11?~~ 1111' ~U1111•, !(tilt°tlll'i ii:itli t13 t:'tii?:I: ::ts, I:efYtl?~ur???•r{!e t{t{:1 -:pt!!lTte
na??rrs then'to brlungintl, aril the mnfs, issurs and profits thw.tlf, unto fhe morlgayee. in fee simple.
end the ?nortila~p,r covenants iritll the mu?t~la{lee that the mort{lagor is indefeasibly seiu•d of said
1 land in (rp simply: that the mmt~tar~or has Hood right and lauiful authority to convey said land as afore-
! swirl: that the murlgaclor will malre such further assurances to perfect the fee simple title to said fond in the
nu,rlgayee as ?nay reasonably be reyuirrrl; that fhe nlortllapor hereby fully warrants the title to said land
tool will defend fhe tame aQains! the lau'jul claims of all persons whomsoever; and that said land is free
a?lil clear i,f all e.lclinll,ra?ICes except that certain first mortgage as recorded
in O.R. IIook 317 at page 1921 of the public records of St. Lucie
County, and County taxes accruing after October 19, 1979•
PROVIDED ALWAYS, that if said mortgagor shall pay unto said
mortgagee the certain promissory note hereinafter substantially
copied or identified to-wit:
- S 41740.99 No.~~-
Fort Pierce, Florida 0 et nb er l 3 s ~ q
Eor toe eceived I, we, or either of us, promise to pay without defalcation to the order of
Harris ~ons~ruetion Corporation at the office of the payee
herein in ig~rrcg, lorida or at such other place as the payee herein shall designate in writing, the
sum of S ~,~f ~U' y~ with interest from date at the rate of 10.0 % per annum, payable
in monthly installments i#s follows, tc~-wit: 4
s 29.57 d1e 10th day of November 119.3.2___ a dX~~k
1984 at which time the d~ oaia like succeeding month 'thereafter untilNOVember 10,
p principal balance and any accrued
interest thereon Nill 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 25thday 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-
ance 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 mafurity 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 endorser 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 arty of us; and to pay all costs of collection, including a
reasonable attorney's fee in the event of any default hereunder.
WITNESS THE HANDS AND SEAL OF EACH PARTY.,--5~--~,t~g~~l~ n n.,,~ (SEAL)
(SEAL)
(SEAL)
>3~'~3i9 r~i3i9 (SEAL,