HomeMy WebLinkAbout1285 ~o ~iaue and ta ~iold I~~e sami~, fu(iel{ier w11h !ho Ieneme~~fs. ~~~re<<iluments an~( nppiufe• s
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~tanrrs t~~c~retu f?e~unrlin,ry, oru~ f'~~ ~~nts, issu~~s a~~i~ {~rojils l~ierc•o~, unto I~~e mort~age~~, in ~et• simp~e. ~
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I~i~~ morl~laf~or coi~onants ~nill~ f~e morlf~n~ee f~~al If~a mort~n~~~i~ is inc~e~c~nsif~~y se•izec~ o~ saic~
~pn~l iri lee simp~c~: I~~at f~~v mortguflor {~as ~7aocl rinht a?tc~ ~ntu~ul authoriiy to conney satc~ ~une~ as ujare-
sai~; l~ia! i1~E~ mu~lc~ac~or ini~~ mnke sucfi Jurlher assuranees fo per~ecl Ihc+ ~ee simple fil~e fo sai~ ~an~ i» fhe
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mor!{~n~ee as may re~sonn6ly Le required; tl~a! !he m.arlpn~or here~y ~ul1y ioc,~rants tho tille to said lan ~
' and u~i1l dejend the snme aflainst the law/ul claims o~ all persons u~homsoever: nnrl Ihnt said Iar~d is /ree
an~ clPar o~ nlI encumbrarices exeept that f1x'St mortgage reeorded ~ri 0. R. BOOk ~
238, at page 934 of the public recoi°ds of ST. Lucie County,. Florida.
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PROVIDED ALSJAYS: ~hat if said Mortgagors shall pay unto sa.id
Mortgagee the csr~ain promissory note ~
hereiiiafter 5ubstantially copied or identified ~
to-wit: . ~
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= ~ 2,516.03. . . - ` ; - _ . ~ . -
~ No. _ -
- - _ , Fort Pierce, Florida ~ 20 ~ 19'l5
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- Fer .vslue received, I, we, or either of us, promise to pay without defalcetion to the~ order of
_ w,: $~~1'~6 - . . . ~ , at tfie offtce of the payee . _
herein in Fort i FI da or af such other place as the payee _herein ha I designate in writing, the
sum of ~ with interest from date at the rate of % per annum, payable - ~
r in monthly installmenh as follows, to-wit: - . ~ :
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~ 2~'j • 00 . on the ` 20~b day of ~T1~! 19 7g - and a like O m ~
o n t h
e c
o r r e s
p
o n d i n g d a y o f e
r a t h l i k e s u c
c
e e
d i n g m o n t h t fi e r e a ft e r u n t i l 7 2 s _ ~
. 1~$~-'±it .r~fiiab ti~- _t~e ~bti~ee unpa~d ~~~a~~ ~2~s :-~r .
sdot~l~d latersat x~llaa~e due~ and . PU?abl~ in _~1 mt _thst -
. - d~,te . - . - : : - ~ _ ~
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In the event any amounts currently due and/cr past due under ihe terms of this nofe are rtot paid -
by the~~~b day of the month, a late penaliy of 5.0~ of the combined amounts currently du~ and/or
past due, wiil be added to and collected with whatever amounts are due for ifie month in guestion. If _
,-currently due anc~/or past due payments or parts thereof under the terins of this note remain unpaid
'~t Yhe end of any month, tfien said unpaid ar.iount ~ wili be carr:ed forward and ad~ed to th~ amounts _
~coming due under the terms of this note for subsec~uent months for the purpose'of calculating subsequent . _
i lafe penalties. Amounts due ur.der the terms of this note are understovd to be buT not limified to. '
- ~ (1) Regularly amortized 'interest and principal payments. -
- - ~ (2)~ City and/or rnunty taxes when paid by the payee hPrein. -
~ (3) t~~surance premiums when paid by the payee herein.
~ (4) S~nior mortgage payments when paid by the payee herein.
(5) Street, sewer and ~vater (iens when paid by the payee herein.
E:.. Each installment first shall be applied in the paymeRt of the intetest and then on the unpa3ri bal-
' ance of_the principal sum. if default is rnade in the payment of any installmenf when ,due, theri at the
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_ option of the holder, and witfiout ~ny other notice, all tFte remaining installments shall be d'ue and payable at .
- once. Privilege is given to pay two or more in"stallments at any .instalkment maturity date, ~buf this shall -
; - not extend the time of maturity of any subsequeni installmenf. ~either . forbearance, nor acce~tanc~ by
y._ " - the holder hereof afrer ony default in any payment~ hereon, shatl be deerried extension. : -
Each maker, sure~ty and endorser hereof, joinfiy and ssverally, ~ waives de:~nand, _presentmenfi,
protest and nofice of protest for nonpayment, and further agrees~ to any extensian of time of payment, :
either before or after rna~turiy; withou' notice to any af us; and to pay al! cests of mllection, including a
_ reasonabla attomey's fee in the event of any cfefault ~er~under. _ - .
WIT'N~SS TNE HAt~DS AND SEAL OF EACH PARTY. /s/ Samuel N: .
, ~ _ - $3.20 in F1a: Stat~ doc . : ~ _ " _ -
_Stamps a~'fixed t~ original , - . -
note . ~ = - _ _
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