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HomeMy WebLinkAbout2949 i I ~o ~iaue and to Mold fhP z(unr, luryr•Ilu•r ruiflr Itu• Irnr•mr•nts, tlPrvdituou'n?s and upfru?tP rranrr•s Ih(•n•lu Ir(•~onginry, and fh(• rr•ats, issu(•s and pro(ih flu•rrvr(, unto f~rP mortgag(•P, in (Pr sinlp~r•. nn~ IIrP murtyayor (•urr•nanls u•illl IIIP mwf~?ai~(•P Itrat ftu• morlyayur is iudr~r'asih~y .(•izr•d of said fund in (r•P simp~(•: !flat lflP morfgacfor Elns <lood ri~fhf and ~uu•(u~ aulhorily fo (-ont•Py said ~oeu~ as <I(orP said; Thal Ifr(• rnorf~~a~µrr u'i~~ mafrP su(•fl (urfflPr assuran(•rs to prr(P(•1 fhP jPP Simp~P fi1~P to said hand in the ( ~ n1U?f(~(1/APP 115 IIIrI)' rr•(ISOrlah~y f?P rP(f UlrPl~: that fhp nlo?t{~a~f o? fIPIPhy 'U'ly ll'Qr?antS the flt~P f0 SAid and r1?1(f 11'1~~ /~P(Plllf ffl/• 5(Ia1P a(f(rlnSt the lall~(11~ l'~QImS U/ a.~~ pPl3a1t3 whomwever• and ?hat Sall ~a/ld IS (rPP arrd ('1,•ar all Prlr~rrnlfrrarl(-PS except that certain first 'mor}gage due First Federal S&L Assoc. of Fort Pierce and that certain second mortgage due Harris Construction Corporation. PRO~~IDED ALWAYS; ThGt if the said MCRTGACCfi~ herein sta~i pay unto said MORTGAGEE herein the certain prcmissory note hereinafter substantially copied or ider_tified, ~ ` to-wit: , I _ =1,870.00++ ~ 7o3c Fort Pierce, Florida r,areh 14 , 19 0 . For value received, I, we, or either of us, promise to pay without defalcation, to the order of HARRIS CONSTRUCTION CORPORATION, at their offige in Fort Pierce, Florida, the sum of s 1, 870.00++ with interest from date at the rate of 18.0 96 per annum, in monthty,installments as follows: ~ 33.70+++ on the 10th day of Apr11,1980 ~ and a like sum on the corresponding day of each like succeeding month thereafter for a period of 120 months, at which time the entire unpaid balance becomes due and payable on demand. A late payment charge of ~ 15' 00 ,shall be added to each payment remaining unpaid 7 days after its due date and a like sum shall be added to each such installment remaining unpaid 7 days after each succeed- ing payment date. Each installment first shall be applied in the payment of the interest and then on the unpaid balancre of the principal sum. If default is made in the payment of any installment when due, then at the option of i 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 acceptance by the holder hereof after any default in any payment hereon, shall be deemed extension. i Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment, protest S and notice of protest for non-payment, 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 attor- ney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the Constitution and Paws of each State of the United States, as against this obligation or any extension of renewal hereof. 6 h js/ Ezekiel L. Jerkins WITNESS THE HAND AND SEAL OF EACH PARTY: (Seal) /s/ Lucy 0. Jerkins (Seal) (Seal) J 2 ~ (Seal) S ' ! G ~~~x32~7 ~ ~~~2~47 i