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HomeMy WebLinkAbout1077~o ~iaue and to ~iold 1~~~• .ru~~~• luyrl~~i~r ei:~f~~ t~~~• I.~n~•rnwih ~i~•r~v~U~unw~l~ um~ u/~~~~ulr ~ nnn~ rc 1~~r~rl~~ ~~~•~unyrpq. u~u~ I~~r mnfs. i~~urc ~nu~ ~~-o~lh I~u•~ru~. unlo I~~r niu-Iquq~•i•_ u~ ~rr ~~n~p~r i+ ~, , ~ ~ild - ~ ;~ 1 ir ~uu-fgaqu- ro~•~vituifs u•il~~ 1~~~• ~nu-fqn~~r~• I~iul f~~~• n1u-lynt~u- ~c in~~~•~~•uci~~~V ~ri_~•~~ u' cui~~ ~ !~ ~q/ ~.'~/lt~~~'~'IP//11~'/~l~III~O- I~Y'~,III(IFP1SUl'/1't'f1-~~U(/~IISSfI'71UIlNS ~O ~I~f,r ~"~~1P f1•~ SI--1~)~Pt~1~~P`~O'~lll'I''~l1/N~ If1,~'IP ~ ~~ ' .' nu>rf~~ny~•r ~~s n~uv rruco-iu~~~y '~r n~yuirr~~: I~~nl I~u• morf~~uyor ~u•n•~~y ~u~~y u~a-ronls 1{~r fil~~• fo sait~ ~un~ i ~ ~~n~~ u~~~~ ~~~•(~•n~~ 1{~r .u~ni• a~~ains! t~~e ~a~v~u~ r~uims o~ a~~ p~~-suns u~homsoai~~r: nn~~ I~~al ~ai~~ ~~uu~ is ~rre ~~~~~~ ~~~~~~~ ~~l ~~~~ ~•-~~~~~~~~~~~~~~~-~~ except that certain first mortgaEre as reco~ded in 0. R.I3oo1: 341 at pa~e552, of tt~e public recorils of' St . Lucie Count~ f' IOI'~CiB . I f'HUV1Dl;G e~L,iv'E~Y:.' : L}iat ± i' :,~iid rr,crt f;at';C>I• stiall E~ay ur-to said rr;ortE;a~ee tha~ certain promis~ory note tii:reinafter sutist.antially co~~ied or identified, to-Hit: . s4,151.52+++ N~ Fort Pieroe, Flo~ida Febru82'y 6, 793 19 $1. For value ~eceived, I, we, or either of us, promise to pay without defalcation to the order of Fiarris Constr~ietion Corporation , at tfie oHice of the payee herein in Fort Pierce Florida or at such other plaoe as the payee herein shall designat~ in writing, the sum of ~ 4•151. ~2 with interest f~om date at the rote of 10. 0 % per ann~m, payable in monthly installments as follows, to-wit: ~ ~151. ~j2 on thel~~h day of i~ebr~:oi'y 19 ~1 and e-Iik~~awR on the corresponding day of each like succeeding month thereafter until the lOth day of ?:arch, 19$6 at whieh date the then unpaid a~ount of the principal Dalance and ariy aceruec~ interest thereon will be due & paya~le. 1:otwitiistan~_~~n the belo~r $tated late penalty as ~ percentage of arrear~ t~~e herein 1a~e penalty is understood to be a flat $15.OQ for each and every month the herein..note is in arrears. - tn the event any emounts currently d~e and/or past due unrler the terms of this note are not paid by the 25th day of the month, a(ate penalty of 5.0% of the combined amounts currently due and/or past due; will be added to and collected with whatevei amounts are due fw ifie 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, ihen said unpaid amount will be carried forward and added to the amounts coming due under the terma of tfiis note for subsequent months far the purpose of ca{culating 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. (~) City and/or counfy taxes when paid by the payee herein. (3) Insurance premiums wher~ paid by the payee t~erein. (4) Senior mortgage payments when paid by the payee herein. (5) Street, sewer a~d water liens when paid by the payee herein. Each installment first shall be applied in the payment of the interest and ihen on ths 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 instatlments 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 afler any default in any payment hereon, shall be deemed extension. Each maker, surety and endorsar 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 fo any 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. ~s/ Rober~, A. Carr ~~~ ftobert A. Carr (SEAI) /s/ Gloria D. Carr GI~T~a ff:-C~Tr ~~~ ~~1x~4~ ~~~E~.orr «,~, ~ ~ . ~ . _ . ~.-_ ~ ~. E_ . __ , =