HomeMy WebLinkAbout1411 ~a ~ave ~~d ts I~~c~ s~nte. lo~elf~er tuith 1'~cr leneme>nfs. i~er~ri~ifum,•n's nn~I upp~~rt~~~ ;
eiu+~re~s fliFr~~lo ~'.~~unyin,ry. an~~ I~i~ rcml:. issu~~s n~t•r pm~ils I~ierea~. ~~r~fu i~~e ma?Igngc+~. in J~e simp~~~.
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1~~r morfp~~~or <ot~~~?~aiils u~it~i t~e mort{~n~~~e t~~ut 1~~[+ morf~a~ar is in~~e~et~si~~y s~izec~ o~ salc{ ~
~an~ in Iec sinep<<~; I~icit I~~o mortc~nflor ~~~js ~~ooc~ ri~~it nnd I~u~~u~ aul~writy to cunvey sai~~ ~une~ ~c ~i~~re-
saic{; i/~ut !{~e murf~ac~•~r intll maka such ~urt{ter ussur~nces to pe~fecl Iho ~ee simple lil~e lo snic{ ~an~ ir~ tf~e
moN~a~ee as mc~y rensonnbly 6e reryuired; fha! lhe morlQa~or here6y ~ully warrants !he lifle to said land ~
cu~d ivill defend the same UQ41l15~ II18 lnw/u~ claims oj all person9 lUItOR1JOfVPr, nnd Ihat JA!(~ IAII~ is jree ~
~~d cl~~r oj ~l[ en~umf~ro~~cesexeept tkose. first mortgages reeorded in O.R. ~
Book ~38 at page~ 936 AND 940 respective~y ~f the Public Hecords ~
of' St. Lucie Coun~y, Flarida. s
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PROVIDED ALWAYS: that 3f said Mor~gagors shall pay unto said
- Mortgagee the certain promissory note
_ hereinafter substantially copied ~r identified
to-wit: - . ~
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. a` s,ooo:oo - - _ . - No.~ ~ ~ -
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- . ~ ~ ~ - Fort Pierce, Florida . 7 y . 19 _ . -
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. For val~~e ~eceived, I; we, or either of us, promise to ~pay without defalcaiion to'the order of . f
_ Fr8i~i~C11A A. HaM'is . - : . , at the .office o~ the payee _ ~
~ ~ herein in Fort P' r lor' or at sucn other place as the payee herein shall designat~ _in w~iting, the -
- sum of ~ ~~~~~'a~ with interest from date at the rate of 9•~ 96~per eRrn~m, payable ~ ~
_ - ~ in monthly installments as follows, io-wit: ~ - ~ - _ - ~
; . . - . . . : _ : . . ~
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- . ~ ~'j0.00 on the 20th day_of ~ _ 19 75 and a like sum . ~ :
- ~ on the corresponding day of each like succeeding month thereaft~r" until .Ty~e Z'0 9 ~t ,
~ - 198Q at xhiah tis~e t.be ent?~rs ux~paid~ priacipatl Da~.'?nee ~
plua aay acor~ed in6ereat w111 ao~ee dua snd psyubl~ in - ~
_ i ~il,~l s t that t'~at~e . . . - ~ : . - . ~
- - - . ~ . r st due under the terms of this note are not ' id
In the event any amounts currer tly due and/o pa pa
by the~7~ day of the month, a late pe~alry of _ 5.09'0 of- the combinec! amour.ts currently due and/or
- ~ past due,~ will be added to and collected with whatever ~ amounts are due _ for ~ ttie month in question. : If . ~
_ currently due and/or p.3st due payments or parts thereof under the terms~_of this note remain unpaid - Y
. at tF:e end of any month, then said +.?npaid amnunt wiil be carried forward and--added to th~ amounts ` f
caming due under the terms of this note for subs~quent monihs for the purpose of calcufafing subsequent ~
- late penalties. Amounts due ~under the terms of this note are understood to` be bvt .not limited to. ~
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(i) Regularly amortized interest a~d principal paymenfs. . ~
(2) City and/or counry- taxes wi~en paid by the payee herein. - _
- - (3) . Insurance premiums ~ when paid by the payee herein. - ~ ~
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~ _(4) Senior mortgage payments when paid by the payee herein. - _
- (5) Strezt, sewer and water liens when paid by the payee,herein~ :
, Each instaliment first shall be applied in th~ payment of the interest and ~hen on the unpaid bal- X
ance of the principal sum. If default is made in the payment of any instaliment when due, then-at tha _ ~
option of she holder, and without any other notice, aii ine remairing installments shall be due and payable a1
, once. Privilege is give~~ to pay two or more installmer~ts at any- installment maturity dste, but this-shall
not extend the time ~f maturiry of ~any subsequent installmeni. . Neither . forbearance, nor acceptance by - -
. the holcier hereof aher zny defau{t in any payment ~hereon, shall be deemed extension. .
- Each maker, surety and. endors~r hereof, joi~tly and=severally, waives demand, preserrtment,
protest and notice of protest for nonpayment: ~and further agrees to any extension of time of payment,
- either before o: affer maturity; without notice to ar5y of us; and to pay all costs of.collection, isxluding a -
reasonabS~ attorney's fee in the event of any default herevnder. . - -
~ ~ WITNESS THE HANDS RND SEAL OF E/~CH PARTY.~s/Emma~-Lee Morris ~~q~~
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~ $7 . 50 -in Florida State _ _ (5EA~~_
- ~ Documentary -starrlps affixed : : ~
F ` _ to original not : . ~ ~
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