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~u ~{aue ~nd to ~iold t~~e samr. lui~~~l~~er euil~~ t~~e tenc~mc~nfs. ~ic~r~~~~ilunti~i~ls tu~cl cipE~~uit•-
nnr~r~~s I~~er~~lo',i~[unpinry, ~~n~j I~ii~ ronls, isstu~s «:~i~ ~~ro~ils t~iere~~~~. unto l~ir mortqncrc>e. in simp~r.
~nd f~ei~ morl~~n~~or cc~i~~~r-~nts tvil~~ 1{~e niorlf~af)ee f~at Ihe morl~a~ot is inc~t~~~nsih~y si~i:~~e~ o~ s~ic~ ~
~anrl in ~ee sirnp(e: I~int tfi~+ murl~npor h~s f~~otl rt~{~f anc~ ~aw~u~ auf~~o~ily to cpnu~y snic~ ~unc~ as aJare- ;
. saic~: t{~nt l~~e~ morfc~n~~or ivi~~ mn~e s[~ch lurtl~er assur~nces !o p~rject ~h~ ~~~e simp(e tif~e to saic~ ~a?sc~ in ff~e ~
morl{~a~ee as mnp rensonobiy 6e reyuired; lhnl Ihe morlpac~or herel~y jully u~~.rrants the title !o satc~ ~anc{ ~
anc~ ~vi~~ c{eJenc~ t{~e snm.e apainst l~ie IR[Uju~ cfnims o~ aII pers~ns ~ul~umsoet~cv: an~ that saic{ ~anc~ is ~ree
~~d clenr oJ ~l[ ~~~~~~mb.~n~PS excep~- that firs~ mortgage r~corded in O.R.
Book 238, Page 1032, •P~~blic Records St. Lucie=~ County, Florida. 4
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~ PROVIDEn ALWAYS :~hat ~f said I+lortgagor~ shall pay unto said
~ - Mortgagee ~he certain promis~ory note ~
_ hereinafter substantially copied or identified _
to-wit :
_ - . . . _ ._i
. .
. . : . 4
`~,SQi~.t1A ' - . -
. _ No.
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` - . Fort Pierce, Florida ~ 1975 ~
- . ~ For value received, I, we, or either of us, promise to pay without defalcation to the order ~f
~ F!'~[131i ~id2'1`iD • , at the office of the paYee _ r
herei~ in ~ort ierc , Florida or at such other place as the payee herein shall designate in writing; the -
- sum of ~s 5~ . a 0 with interest from date~ at- the rate of - • ~ % per anRUm, payabfe :
- in monthly instailments as follows, ~o-wit: ~ - " - f~
. . , - _ ~ ~ . _ . . . ~ . . - . . ~~~,i
: . ~ " . . - S}
_ a~~•~0 on the ~O~h day of_~ = t9.~~ and a like sum '
_ o~ the correspondir.g day of each like succeeciing month_ thereafter until aTli~ll! ~O
. ~ 1980_ at rrhiah tis~s the entir~r ~ umpai~ priacipal betlanoa ~
~ plus at~ s~aarnad interest ~ril'"_ a~~e duee ~nc~ Pa,~able it~ .
- - - - !'ull a~ tLtat datie : . . . ~ . .
_ - . , - - ~
In the event an em . _ _ _ _ • . . _
y o uunts currently due and/or past due under the terms of this note are not paid ;3
: by the ~7tbday~of the month, a late~ penelty o# 5.0°~ of tt~e canbined amounts currently due and/or
past due, will be added to and collec~ed with whatever amounts are due for tfie month in question. (f
currently due and/or past due payments or ~arts thereof under the terms of this nois rEmain unpaid °
at the end of any month, then said unpaid amount vvill be car~ied fonrvard and added to the amounts ,~1
, coming due under thQ terms of this note ~or subsequent months for the ~urpose of calculating subsequent .
IatA penalties. Amounts due under the terms of this note are underst9~o-Ge but not limited to. s
_ _ _ , - - _ . . ~ -
~ " (1) Regularly amortized interest and principal payments. - ~ " ~ _ . : . ~
- -.(2) City and/or county taxes when. paid by the payee herein. - ~
: (3) _ Insurence premiums when paid by the payee herein.
. ~_(4) = Senior mortgage Gayments when paid by the payee herein.
(5) ~Street, sewer and water liens ~vhen paid by the payee herein.
. _ ~ ' . _ . . _ - " ' F
~ Each installment first shall be appfied in the payment of the interest and tt~en on ths unpaid bal- ~
ance of tfie principal ~um. If default is made in the payment of any installrrient when due,.then at- the -
opticn of the t~older, and without eny other notice, all the remai~~ing insta)Iments shall i~ due and payable at _:i
onEe. Privilege is given to pay two or more installments at any. instaltment maturiry date, but this shall :
~ not ~xtend the time of maturiry of any subsequent installmeni. . Neither ~ forbearance,_~ nor acceptance by 1(
the hof~er hereof after any default in any payment hereon, shall be deetY~ extension.
v . _ _
4- Each maker; surety and endorser hereof, jointly and . severaliy, waives demand, ~ presentment, -
f~ - protest arx~ notice af protest for rwnpayment,-and further agrees to eny extension of_ -time of payment;
either before or after maturity, without nofice to any of us; and to pey all costs of collection, including a ~
~easonable attorney's fee in the event of any default hereunder. -
_
s : . /s/Alfred Davi~ - - -
~ ~ WITNfSS THE HANDS AND SEAL OF~ EACH PAR7Y. (~q~) - .
_ _ . Al!'red Dae1~1s - _ . - ~ . -
~ $3 • 75 in Florida State documentary . _ . (SEA1.) :
~ . ~ Stamps affixe to original note : - - ~ ` _ _
~ . _ - - - ~/s%Martha Lee Steven _ . - ~q~~
_ ! 0 R - ~ - _ _ _
~ _ - ~ - - - - (S~~) - , ; t
~ _ - BOOK ~~elcy PAGf - _ _ - ; i
z _ _ _ }
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