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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~~~. - ? 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 - ~ PROVIDED ALWAYS: that 3f said Mor~gagors shall pay unto said - Mortgagee the certain promissory note _ hereinafter substantially copied ~r identified to-wit: - . ~ _ ~ ~ - _ ~ - . - . . - - - - . . _ . _ - . ~ . ~ . _ ,i ~ ~ - 3 : _ _ . ~ . . _ z . a` s,ooo:oo - - _ . - No.~ ~ ~ - . - - - _ . ~ - . ~ ~ ~ - Fort Pierce, Florida . 7 y . 19 _ . - . , . . . . . ~ , _ ~ . c . 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: ~ - ~ - _ - ~ ; . . - . . . : _ : . . ~ _ j - . ~ ~'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. ~ _ _ - . - _ _ z (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. - ~ ~ - - - ~ _(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~~ Y - - ~ - - ~ ~ . LB6 1~f0~'Y'~d- ~ $7 . 50 -in Florida State _ _ (5EA~~_ - ~ Documentary -starrlps affixed : : ~ F ` _ to original not : . ~ ~ $ ~ = - ~ - ~ - : _ ~ . - ~s~~~ - ~ ~ - b K _ PACE . - ~ - - , . - - ~ Fi ~ ' ~ . - . ~ ~ . ~ ~ ~ . . . " _ ~ • . ; , ' ~ . . . . ~ - _ . . ~ - . . . - . I ~ ' ~