HomeMy WebLinkAbout0928 - _ a.~ _
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tl~. sa~ne, toQ.tl~. ~?uk t~. t«~.iw.aia. kw~:elta~w:na .~d .p~urt~-
~enc., elanto 6.b~w~,~p. and e?~. ~w?a. is,u...~d w~olu, ttu~.of. w~eo e1~. w~o~eww». a/« .+~w~• =
~ ilu warioo0oe c~odawnb wltlt tlu warlq.o.. tlwt tl?. ~wo.a~o. is b~dt~«~ibh s~fs~d of ~
iand in /N at~?b: tha! ek~ ~aortQapor ~aa ~o~od ~'~Ykt snd 1sW?f~! satl+orth bs oonwp arld lv~d ~ a/a~~-
~ ,a~d: ehat t/u Mo.epe~ wtll s~oli f
u~el+w .sau~.nc~a b p«~.ct eJ~. a~wpi. atl~ ro aaid Iend tn d`. -
„~w~t~~ ~s ,,,er nr~oASWp b~ nrqaind: ~iwt th~ w~ortoo~ 1`wr6y /a!!s w~+~nb tl~t tub to s~ld bnd
~ and u~lU d./.nd t6. ,.w~. avatn.t el,. I.w/W clotiw. ol .Q n«~~ •nd e~.e ,e1d I.nd ta Jrw
d,~d ci.ar oj eU a,~,~~b~,ono.. except thoae certain lat mortqages due to .
Lomas &~Nettleton Company aa ~~corded in OR Book 295, page 786
of the Public Records of St. Lucie County, Florida, and River-
side Natio~}al Bank of Florida, reapectivel~. .
PROV~DED P,~WAYS: That if said mortgagor ahall pay unto aaid _
, mortqaqee the certain promissory note Kerein-
after.substantially copies~or identified,
~ to-wit:
- o.._ r`' .
= 9 ,225 .00 r~- . 873
Fo~t Pierce. Flo~ida FebruBr'y 14 ~q ~I_
. For value rsceiwd,. i, we, or eithK of u:, promise to pay wtthout defatuNon 1o thR ordsr of
Harria Conqtruction Corporation, as Trustee , at th~ offtc~ of th~ pay~e
h~nin In-= Fort Pietos fiorida or at :uch other place as the payee hs»in s~all detiQnat~ in w~itlrp, th~
7' ~,~,~4_.225 . 60 with interest from date at the rah of. ~ % p~r ~nnum, p~y~Wt
'in monthly installments ss fotlowt, to~nrit: .
s 234 .26 lOth day of MarCh ~ ~q84 a I{ks su~n
on ths ~oorrespondirp day of each like succeadin~ month~ fhiro~her until :~ul~ 10 ~ 198 .
.This ia a BALLOON~NOTS which at its maturity date will still have=tlue
~ ,and payable hereunder•a pr3ncipal amount of"~~pprioximately'=,t5;773.26
plus accrued- interest ~from Jiane 10, 1986. The _exact amount:. will~~~
~ ~'vary .depend~ng on whether pgymentg are made promptly or tardilyz,
In tM ~vent ~ny amounti curcentty due and/or psst due under~thf'tirrru of this ~wt~ ar~ not petd
~ ' by ths .25th dsy of the month; a l~te penaly of 5.0% of the oombin~d sRwunri curr~nNy dw ~ndJor
pa:t due, will be added ro a~d collected with wharover amounts a~e dus ~ for the month in q~iestion. If ~
i curronNy due and/or psst due payment: or parts thereof under the temu of this note _ nrnain~ u~ipild
at the ~nd of sny month, then :aid unpaid amount will be carried forward ~nd add~d ~ to the amouem
j o~ming due under tha terms of thia note for subsequent months for the purpose of celeulating subsequent
~ late penalties. Amounts due under the terms of this note are understood to bs but not Hmifed to. -
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; (1) Regularly amortized interest and p~inclpal paymenti.
! (2) City and/or county taxes when paid by the payss herein.
(3). Insurance premiums when paid by the payee herein.
(4) Senior mortgage paymenta when paid by the payee herein.
~ Street, sewer and water liens when paid by the payee herein.
~ Each installment first shall be spplied in the payment of the intsrest and then on the unpaid bal-
; ance of the principel sum. If default is made in the payment of any Installment when due, then at the
s optwn of the Fwlder, and withovt any othsr notioe, all the remaini
~ ng in:tellme~t: shal! be due and psyabk at
~ once. Privilege is given to pay two or more ~instaliments at any instaliment maturity dat~, but thts ~F?stl
€ ~ot extsnd the time of maturity of any subsequent installment. Neitfier forbearsnce, nor aaeptanos by
the hotder hereof after any defau{t in any payment hereon, shall be deemed extension.
Each maker, surety and endorsar hereof, jointly and severally, waives demand, presentme~t.
' protest and cwtice of protest nonpayment, and further agrees to sny extension of time of payment,
either before or after maturity, without notice to any Qf us; and to p: all costs_ of collection, including a
reawnable attorney's fee in the event of any d~fault he nder. ~
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WiTNESS THE HANDS AND SEAL OF EACH PARTY.
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