HomeMy WebLinkAbout2296
n" R.
LLJI
12
rj40
..,--
S T. llJCI{ COUNTy. FlA.
!iOR'IGAQ!
The Hortl.gor, W b W GROVr,S COMPANY, INC., A
Florida corporation, b~vlnl it. prlncip~l office in Winter
Haven, Florida, in CQn~ld~r&tlon of the BUSS .p~clflcd In
th<<! proaillllory notea deticribed belovo recfllv..,d frnlZl th~
Mortsagt'e, t\tH~by mortgagee unto the Mortgagee, W1UGHT W-,
~:..~~:
CAll L ION, 0 fro r t Pie r c e. V1 th- I d a, the 1:' e alp r 0 V e r t y inS t .
Lucie County, Florida, d~.crlbed 1n Sch@dule A attached
hereto 53 ft part of thia mortgage.
Thla IA a purch480 ~Dnoy ~ortgAge glv~n to .~cure
p&y~ent of the ~g8regate principAl SUD of $62,504.10 a. p8rt
of the purchaee price for the .ale by the Hortsag@e to the
MortgAgor of the property described h~r.ln.
Said pArt of the
purchas@ prlc~ la eyld~nced by five p~om18aory notes of even
dAte herevlth. glve~ by the Mort&~8or to tho MD~tiagati,
ld~ntlcal except for year of ~atur!ty, each note in the
prLnclp&l A00unt of *12,500.82. each bC4rlng lntere.t from
dAte at th~ rate of five Ver cent (5h) per yeat. lnte~e8t
payable AnuuAlly beginning one yeAr aft~r date.
Said not88
are F.yabl~ 00 or bBfo~6 fiv@, .lx, 8~ven, eight, And nine
yoar~, respectively, After d&t~. Any of .aid note. ~6Y be
V~ld in advance, in whol~ or in part, but no prep.ym.nt m~y b@
m~de prior to January l~ 1962. except with the consent or th~
MortgAgee.
BAld notei are payable at The rlo~ld& Sank At
Port Plerc., 'o~t Fierce, ilorida, or at .uch other place 40
the ho!d~r .AY direct 1n ytitiua.
said net.. &nu tb1_ mortiai~ proQPt1f Vh~D du~~ tQ p.y all
Th. HortaAlor A~f~.$ to m~k. ell pay.ant. r.qulre~ by
ta~~~. ~...'_.~nt~. ~~Q 11.~o ~it~ r$.pact to the a~Tt5Ag@d
prQP~rty befot~ th& ~~$ ~.cc.e 4.11~qu$nti t9 e03.it, per~it.
or &uffer uo v~*t., l~,~iK...t, oz .et.~loratlon of tb&
.Q~t~$a$d ~rQP*rty. And t~ '41 all eQ~t. of coll~ct1on, iDcludln.
;
,
~_4
~
m