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~0 ~ W the some, fogelier ~uilh the tenements, hereditomsnls and oppurfe-
++an+•es Iherefo belongi++g. and the rents., iuues and profits Ihereoj. unto the mortgagee. in jk simple.
the mortgagor rn+~enants with the mortgagee thnt the mortgagor Is indefeasibly seized of said
land in fee simple; ihat the mortgagor has good rtghl~'and `lau~(dl-s~iligily ~ convey sold land as ajon-
satd: that fibs mortgagor will males such jurtf+er auuranees ~to,pNj+~t. th. ire simple ttlb to said land in the
mortgagee as may ?easonably be ?eyutred: that the ii+orfgagor herby ~~Llly ,y~a!rar~ti, the title to said land
and will defend the same against the lawful claims of all penota w/iom;Dever; and' that said land is free
and clear of all encutnbmnces Except for taxes for the year' t~80 and
thereafter,~ari~'-~I~i~t certain mortgage executed by Benchmark
Construction Company, Inc., in favor of First Federal Savings `
and Loan Association of Fort Pierce dated Ma 28, 1975 and
recorded in OR Book 239, pagge 2938 of the public records of
St. Lucie County, Florida, in the original principal sum of
$24,000.00
~Vlll~li< that fj said mortgagor shall pay unto said mortgagee the certain promis-
sory Hole hereinajier subsfanlisUy copied os ideatljted. to-wit: I
Fort Pierce, Florida
$6,g5'Lo5 Dated: :
ebruary 28, 1930
FOR VALUE RECEIVED, We promise to pay, without defalcation, to the
order of BED\C'n~MARK CONSTRliCTION COI~PANl', INC, at 1108 Alameda Ave. ,
Fort Pierce, Florida, the sum ofSixt Nine Hundred :'fifty Three ~ OS/100
Dollars with .interest from date at t e rate o 1 .50 per annua
in monttxly installments as follows:
$ 85.00 on the 10th day ~of riarch 1980 and a like
sum on-Tt
e-correspon ing ay of sac i e succeeding
period thereafter until the whole be fully paid.
Each installment first shall be applied in payment of the interest
f and then on the unpaid balance of the principal sum. If defaul* 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 maturity of any subsequent
installment. Neither forbearance, nor a prance by the holder
hereof after any default in any paymen neon, shall be deemed
extension.
Each ma'~er, surety and endorser he ointly and severally,
waives de:~and, presentment, prote otite of protest for
aor_-payment and further agrees xtension of time of pay-
ment, eitr_er before or after ma i ,without notice to any of
us; ar:d to pay all costs of colt including a reasonable
attorney's fee in the event of any default hereunder, and
hereby severally waiies all benefit of homestead and_.exemption
under the constitution and laws of each State of the United
States, as against this obligation or any extension or renewal
hereof . -
~ A late payment charge of $ 4.25 shall be added to each
installment remaining unpai set~en (7) days of±er its due
date., and a like sum shall be added to each such installmert
remaining unpaid seven (7) days after each successive paS-
ment date.
Witness the hand and seal of each party.
. f' (SEAL)
60QK 326 PAGE1t)~.O Hector J . de A as
.,.(SEAL)
S. de Paula Arias