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HomeMy WebLinkAbout0686 • _ ~ ,M~ ~ ~0 ~sN W the same. together with the tenements, heredifumenl: and oppurle- ' ?rarrces Iherefo belonging. and the rents, issues and pro/its thereof, unto the mortgagee, in jK situple. the mortgagor covenants u?ifh tht mortgagee that the mortgagor is inde/easibly seized of said {and in fee simple; that the mortgago? hat good right and lawful authority to convey said land as a/oro- said: that the mortgagor will make such further assurances to perfect the fee simple title to said land in the mortgagee as may reasonably be required: that the mortgagor hereby julltr iuarranfs ~ the 'title to said land and will de/end the same against rho law/ul claims o/ all persons ufidmsoever: and that ~¢td land is /.ee and clear o/ all encumbrances except that certain first -mortgage' as recorded in O.R. Book i~311, page 2290 of the public records of St, Lucie County, Florida. . PROVIDED ALWAYS, that if said mortgagor shall pay unto said mortgagee the certain promissory note hereinafter substantially copied or identified, to-wit; - - - __..-r. - - - - - - - - - - _ . ~ . . . ,g 8 ?OQ-DO N~ 7~? _ _ . _ Fort Pieo, _ Honda 1 R~~1',~..,.._ ` 19.:...$12._ - For value heosiwd, i, we, . a either , o!! u:, Promise tO psY without defaicatioci to the order of ~ , Harris . CCrtsbrut4tioicl Coipor~?tiOtt - ~ rat the offiot? of th* payee _ ~ herein M Piero, Honda or at such ether P~ ss PeY~ heroin II designers . ~ writing, the s. t .2QD. Q ~ ~ - w_ ids Intsr~eat_ from debt st :the, rate... _ ~ 9i? per pnnvm,: payable in montMy installn»h. as folbws, t0-w$e 1o~.a7 , iotb . Marat~ 8o ia2.oo on the day of 19 and >~71i~ rhe ddasyv, oof~ aaeecdh, jt~ce swum , ~ the lOtb day o°~ Apr~~ a~ rhiori time th~~inpaid pMnoipal Dalanoe and _ - any soarued interest thereon sill ao~t dine-and payable. t In tie event any amounts wrrently due and/or past due under the terms of this rwte are not paid ~ ` by the 2 jthlsy of the-month, s late penalty of S.0% of-the combined amounts txfrrently due and/or past due, will. be added.tso and cdieded with whatever amourNs -are due .for the mor?th in question, if currently due and/or past d~ peymenh or parts thereof under the' ternns of this _ note rarnain unpaW , 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 wbsequent months for the purpose of cslculatinQ wbsequent Isle penalties. Amounts due under the terms of this rwie ar! understood b be but not ftmited to. (1) Regularly amortized interest and principal psyments. (2) -Cry and/or county taxes when paid by the payyee herein. (3) Insurance premiums .when paid by the payee herein. - (4) Senior nwrtQage psymer~ when paid by the payee herein. 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 bab . snw of tiro prindpal sum: tf default is made ~M the peymerrt of any in:faHment when due, then at the option of the holder, and without. any other notice, aN the- remaining Installment: shall be dw and payable st once. Privilege is given m pay two or rrwne installments st any installment maturity date, but this shall not extend the time of maturity of any wbsequsnt installment. Neither. forbearance, nor aooeptanos by the Fwlder hereof after arty dehuk in any payment hereon, shall be deerr~sd extension.. f+ach maker, surety and endorser hereof, ~olntly 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- notka to any of us; and to psy all costs of collection, indudilp a = - reasonabls attorney's fee in the event of any default hereunder. WITNESS THE HANGS AND SEAL OF EACH PARTY. /3/ Jimmy Robinson ~ ~qD - /3/ Doris Robinaon (SEAU (BEAU 80 K J~~ PyGf