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HomeMy WebLinkAbout0537 \ ".. 1\ '\ II II \1 5 ,-,)..... Ut) ( 1 ,T, I.:Jr!~ ~nlJ~n. r; ^ o liaYt And to ltf.'ld Ihe same, "c.ch and epeT) , I"'i}elher with Ih. allo)l:hmen~ Gnd appurlen(l./IC"'. unto Ihe said Morlgage... forever. Rnd said l'forlgagOl' col'enanls wilh ,.aid Mortgagf'e ,hal .aid Mortgagor wholly ancl .clel)' owm said goods, cha/lel.s anci pt'TSonal properlj. all and singul(lr, ab.olu'el)'; Ihal Ihe .aid Morlgugor 'ltU full p9wer and law/ul righl 10 sell and conve)' IIle same. (.oil and smgular. as a/oresaid; Ihat said good.. cha/lels and personal properly, all and singular. are free und clear of an)' and all adl'erse clainu. liens and encumbrances; ond Iltal said Morlgagor he,....h fully warranls I'll? /ilk and ownership 0/ said goods, challels and personal properly, all and shgular. and will dl-fend Ihe same againsl lhe clainu of all persons U'honuOf'I'er, .,~uidrd Rlways, Ihal if sold MOTlgagor shall pay u~.to lite 'a~d Mortgagee tne ceria in promiuory no:'.' hereina/ler subslanlially copied or idenli/ied, to-wil; l'IMroh 8 61 19__ 7,361.73 $,------,,-,--- _,_,_____________~___ (6) MoDtba OKEECHOBEE. FLA., 9984 NO, promise to pay to the order of ,__ _,__,_.....next, after date 1. we. or ei,ther, of ... -. OKEECHOBEE COUl'i-rry BANK ___..._~_..._= s.:!~_~~ ~ HUDdn4 su~ aDd 73/lOO - Payable At OKEECHOBEE COUNTY BANK. Okeechobee, Florida - -- DOLLARS \\"lIh Intere.1 n!ler mnlcrlty, nt the rale ol,T..n per c>?nt. l'er annum until paid, !or value rec..h'ed, n..gotlabl.. and payable at the office of ,aid hank, and If nol puld lit maturity, thIS nole ruay be placed In the handa of an attorney at law for collection; and In thr,t evenl II Is lll:re...,1 11",1 proml ...d hy th,- make,,- alld end,rt.er", 8e\'eralh. to va)' a1\ co.l. of collection, including a ,eason..l>le allO,r.ey'. fee' and ha,lng depo,lI..d with ,,"ld hallk ". collate"',1 g,-('u~II)' for the payment of thl. ncole, and an)' note Itl'...n In elllenalon or ,..newal the,...,,! und a' oe' "'!IllY fd' the 1''') menl of any olher '"LllIt)' or llabHIU... of Ihe under.lt;n...d 10 ...ld banI<, wh...lhe, noW exl.ting or hneafl.., ~rl.lnl> 1'he rullvwlllK I-'rov....t)'. vl%,: ' SKund..-.bz _~ 1I&clol ~.~ Cattl__u d...dMcl _1A..Qaa.t.t..J., Jtor\...Qfe.8D._~~_______ hereto ~~___~~__~t~-~ ~_,~~~1_~.----- --' H___'________ ---~-- -- --- ---- -- -_._-_._-~------_.- \ Whl('h lit.. ulld. r, 1~lled ,('pr.-,ent" and co\'enont8 10 he Ihe prov~rty of the undenolgned, f'..... nnd \lnencumb..,ed. and Ihat the under_h:ned i_ 1,,,,,,,,,,,...1 of ,1", f\lll Il'Jo:al rh:ht I\nd pow", 10 m"ke thl. pledge and will. aulhorltY 10 aell Ihe .ame on the non.p..rlo,mance of Ihls prom lee in,u,'h mallne, a. Ihe ""Id hunk, or I:a authorized a"ent, or the holder II"....r...of. In Ih...lr dlacretlon may deem l.,oper, \\Ilho\ll notice, dthe, a' aoy l>r"k..,'~ hO:I/,1 0' at 1',.Iolk 0' I.rhat... ..ai<'. and to upply Ih6 proc...ed. thrrean and fo, any oth...r lIabHItI... to the .ald bank, ...h..ther duo', ..f nut .111(', ", h...re"ftH "rl~ln~, the \In.ler.lgn..d al.o Jtl\'eA 10 aald hank a lien upon "U 1.,oVerty or .e-:urltie. given to or lelt In Ihe I" ~~"",:on of the 8:lId I,"nk h)' l\,... und.".lgrH.'d, nnd al"o upo," any balance c,f Ihe depoall acCounl 01 the und...ah:ned with !<RId bank, An,1 do ruflher agIC'''', "h"lle\'('r Ihe lotal market \ allle of the ..ecurlll.... held a. cullnte",1 .ffurlt)' fo, IIny Indehtedne8' or liahllllY of Ihe und..r- ,1~Il('d to Ih.- Raid h.I,I...r, ahall h.. Inufflclenl to CO\..r the ..ntlre amo\lnt of the \ndebtedneaa or lInbHlty of Ih.. \lndenoh:nrd 10 IlAld hold..,. wlllt Iwe'ot)' V'" c..nt mnn:ln all.led thereto. 10 lkp0811 wllh aald hold.., Immediately, upon d..mnnd. additional '....'urit)', to he appro'rd lJy !<RId h,,!d.'r. ."Hlele"t to co\'er Ih,' 8"iol arnollnl und rn"n:ln-Ihe ,aid llddltlon,,1 ,ecurHy 10 lJ~ .. co!\a'el'al ,..,curlty 10 the 8'\1"'\" elltent aa Ihe ",,'url'leo her.-1.y I'kd~e'!; ~nd III ddall\t of del'o,-Illng Ihe additional >ecll,lIy, as "hO\ e alt,e",I, this nule .hall I>ecom.. In.II,nllY due and I'ay"j,l.', \<redoelY U8 Ih,)\,~h It had aclually malured, And al any ""Ie mude hy Ihe .ald hank, or II. a~..nl. ur of/l.'era, "r of the hold..., here- ..r of ,h.' "holl' 0' any pari or th.. .e"",lIle, herein mentioned. Ihe .e('urltle3 sold ah,,1I be .old free from an)' r",;ht 01 ,e..Jemptlon. and Ih.. "\,,,]0- Ill,.'r".t ,.f Ille \<Ied~er thereof oh,,\1 \I"'" 10 th... I,urchas'" or purchll8...ra therwf, And In th.. cr,'~ of th.. dIe 01 the ""Id .ecu,ille-, or any 1,,"1 It",,,,..!. ..t a I>uhllc au<,llon 0' at II I>,ok..r'. hoard, the said hank. or >iny of Ila agenl" 0' o/ficeno, shall ha\'e the rlgol to he<,om.. ",e \<u,.ha-...r uf 11;.. ""m", In ..a.e of sal<- of th~ ",old aecu,ltle', 0' any varl Ih..reo!, Ihe ..",Id bunl< or Ihe holder he",ol. alter drdudh.g all leqll .,n'\ l.lh.., co 18 for cnllee'lor.. .,de and (h-IIve,y or .,<ld p,uperly, InclUding alto,ney'. fe.... ae herelnb..fure p,o\'lded. may apply Ihe re,-.dll,. or Ihe 1',()('e.'ti8 ..f the a:<le l'r ,,,Ie- ao made iO I''')' thle nol... and Ihen to pay any 0, all 01 the lIal>llll1ee of th.. under>lgnrd to .,,1.1 \",nk, "hl,th." du... "r not dlle, nr h."eafler a,ialng. fl' an)' of It. ollieen ,h,,1I detennlr.e. mnklng V,ope, rel",te' for \!1le,UI on lIahllltle. not .Illt'. rdurnlng the o\'erl-'Iu.. If an). Iv Ihe unde'ol~ned; and the unde,.ign...d al80 agree. th,,1 Ihe e;""rcl.e or Ihe oml, alon 10 exercl'" 1,)' ,aid hILnk or the holder he,e>! 01 I'ny of the rlKhla or prl\'11e." hereby conferred on said bank 0' th.. holder he,,",of, ."all not wah'e or af- f"," an)' other or .uh....qul'nt rh;ht to exercl." Ihe ""me, And Ih. underalKned al80 aK!'..eo to he and remain Ihhle 10 ..".Id bank, or to Ihe hol.l.., hereof, for any ddlclency afler such oale or .ale.. 110 lOalle, together with In.ereat there-ln at Ihe rale 01 Ten per cent. pe, annum until Ih" 8a.rne I- fully \)ald, ._--~------~----------- WIT S E'"": 'nleresa H. Soetb 18/_____ ___~\!!:~ay _~S8 j 8L____________________(~I;AI.) -------.---. ,________________"'_ ,_,_____(~E.\L) WITSl';":" _... -. - -..-.----..----.--....-- ,...~.. OOCUMaHTAR"t .-rA"- ........0 ANO ~" 1.-0. \ I ! I I ...""'!Ii C'" 1:._- ,.",~.T."'Q DIYla1o",...",I""TI.IIIl ......YLH \ and shail perform. comply with and abidE by each and ev'.'!'}' Ihe siipulalions. agreements. condilions and covenanls of ;aid tlrvmLuory 1I0le and of Ihls mortgagp. Ins" ,his morlgage and Il1e e.lale hereby crecled .hall cease. delermine an.-l be null and void, Hnd the said Mortgagor h.reby furiher covenunlJ amI agree!: