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Home My WebLink About0944 ~ tl~~ :ame, topNhvr wtlh Ih~ I~nem~nl~, ht~e~litan~~ni• an~I oppu?f~• ~ianret 11~P?eto bt~onging, anc~ !hs ronts. 1s~un a~d projlli I~prrol. unfo fht mwlgogrt. in ~ti iimA~e. ~ tl~a morfgagor ca~enant• wtth Ik~ matpa~e~ Il~at Ihe martgagw i~ ind~(.a:i6ly ~~1sed o j wtd lond tn Jee flrnple: thAt ti~~ mwtpapor 1~a~ good N9ht and law(ul autl~aitr to conver ,~td lp~~d ai a/on- :aid: ~hat ~t~s mwtgagor wtll ma~ ~uc~ jurth~r wiuro~cvs to p~ict tl~~ jn ~tmpb 1~tts ta ral~ .~and In ~le~ ~ mwtgagN ~as may ~o~6ly b~ .+~yuu+.d; tRa! tl~~ mo~ogor I~.MSy jalir wamanH the tltle to ,a~d ~d , and wtll d~jend th• :ana. oeatn,t t~i• bwlut clateru o~ aIl persau wl~onuoawr: and Ibat aatd land !i J~w ; and ctea• o/ aI[ erecumb?~ance~ ~hat certain first mortgage to S, W. D, Mor~gage bankers and that certa3n second mortgage ~o Harris Construction _ Corporation. PROVTDED ALWAYS; that if said mortgagors ~h~ll pay unto said mortgagee th~t certain promissory note hereinafter copied or .iden~ified, to-wit 1,125 . 00 No.,~65 s fort Pierce, Florida ~'Iaf 1~ 1~7 For value received, i, we, or either of us, promise to pay without defalcation to the order of Narris Construction Corporation , at the offtce of the payee herein in Fo~t Pi rce lorida or at such other plate ss the payee herein ilo designate in writing, the sum of S 1~12~j ' b~ with interest from date at the rate of % per annum, payable in monthly installments as follows, to-wit: = 18.16 on the lOth day of June ~9 87 and a like sum on the corresponding day of each like succeeding month thereafter until paid in full In the event any amounts curtently due and/or past due under th~ terms of this r~ote are not psid by the 25th day of the month, a late penatty of 5.OX of the combined amaunts currently due and/or past due, will be added to and collected with whatever amouMs are due for the month in yuestion. If currently due and/or past dve payments or parts fhereof under the terms of this note remain unpaid at the end of any month, then aa~d unpeid amount will be carried forward and added to the amounts comi~g due under the terms of this note for subsequent months for the purpose of calculating subsequent late penalties. Amounts due under the terms of this note are understood to be but not timited to. (1) Regular{y amortized i~terest and principal paymenls. ~ City and/or county taxes when paid by the payee herein. ~ (3) Insurance premiums when paid by fhe payee herein. (4) Senior mortgage payments when paid by the payee herein. (S) Street, sewer and water liens when paid by the payee herein. Each ins?allment first shali be applied in the psyment of ih@ interest and then on the unpaid bal- ance of ihe principal sum. If default is made in the psyment of any installment when due, than at the ~ option of the holder, and without any other notioe, al) the ~emaining installments shall be due and payeble at once. Priviiege is given to pay iwo a more installments at any installment maturity date, but this shall not extend the time of maturity of any subsequent in~tallment. Neither forbearance, nor acceptanoe by the holder hereof after any dafault in any payment hereon, shall be deemed exte~sion. ~ Each maker, surety and andorsat hereof, ~ointly and severafly, waives demand, presentment, protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and b pay all costs af collection, inctuding a reasonable attor~ey's fee in the event of any default hereunder. WITNESS THE HnNDS AND SEAI OF EACH PARTY. ~S~Odessa Ingram essa ngram /s/C1EVeland Ingram ~~A~~ Cleveland Ingram , {SEAI) . , ' ; . _ .