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To ltauf ami to '1J"ld ST. LUCIE CQUNtT, FlA." ~.
IlP Ih_ .ame. logelher wid, IIw ~. Iwr.clu.....".. anJ. appwie-
IhlnCf'J "\(,N'lo bf'longing. and Ih9 reoll. iulU. and pro/II.: tl..M.oI. 1&1\(0 II.. ~orl~", In I.. R"'PI..
,Rod ,'he morlgagor COl'enan" will. Ih, morlglltl~ I~' I~ ~M<< .. ~e/",'bl, .etted 0/ Mid
lal~d III ff'e Jlmpl..; ,hat Ihe mortgagor hcu good right and,lt&(11:ul outh~t, .10 ~, I4lJ land cu ca/'.)R-
s{l.ul; ,hat ,he mortgagor will ,:,ake .uch further aJlurance. to P<<f~ IIw /.. "'n\pl. UtI. to f-OM krul !n th.
morlu:-,pe lU may muonably be required; that ihe mortgagor ~r,; fuU, 1PCIIIftlIt" t"e tltlt. to ,caId Lmd
andu.dl df'ff'lld ,he Jame agaimt th'1 /au..ful clainu of all peNOru' J.:.,'''orrUo~'''; CJtV.l flaGt NUl lono I, 1,..6 I
a~ clear.oJ all encumbranct"J save ana except taxes fo~ the year 1961.
,I ~\<;>rtgagee has t:ansferl.e~ and assigned to mortgagor simultaneously
. w1th the execut1on.of t~15 mortgage, State Beverage License
7 C.O.P: 66-13, ~h~ch, 1f not in violation of any law, rule or
regulat10n perta1n1~g to same, is hereby pledged as security for the
,paymentrof the~prom1ssory note secured or this mortgage. Mort a or
here?y ~oven~~s and agrees: That said l1cense shall net be re~o~ed
f:om the prem1ses described in this mortgage; mortgagor sh&ll not
v101ate ~ny law, rule or.regulation pertaining thereto; and in the
II event th~s covenant or e1ther part thereof is violated to the extent
t~at.same.may be suspended ~nd mortgagor shall not reinstate same
\' w1th1n th1rty days, the ent1re unpaid balance of the promissory note
secur~d hereby shall become due and payable, without notice at the
I elechon of the holder hereof '- ·
'PrDlIidtd Rlways, ,hat if Jaid mortgagor ,hall pay unto Jaid mortgagee the certain promt.-
sory nolI' hereinafter subs'antially copied or identified, to,wit:
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Port pierce, floridA, Karch 17. 1961
$30,500.00
For value reeeiYed, the undQraicDad promia. to pay to the order of ROBel! A.
LONG and ALICE V. LOMO, hia wife, the principal.. of TBIan ~ pm
HUNDRED AND NO/100 (S:SO,'OO.OO) OOLlAllS, with int.r.st aft.r J\m. 1:S, 1.961,
at the rate of six per cent (~) par atU\\a on the unpaid b1~ \IIltil paid.
The said principal and interest shall be payable at RPD 1, Box .)47, Punta
GOrd6, Florida, or at sucb other place a. the holder aal" d..ianate in writ-
ing, said principal to be paid at the ~ate 8B4 in the ..uner 10110wiDlI
$15,000.00 on or before June 13, 1961, with no inter-at, m4
$lS,.500.00 on or before Daceaber 1>, 1961, plu. int.nat at the
rate of 6' per aIUWIl. lTi..il-,- of prap.,.ent witbo\lt penalty i.
hereby given.
This not- is given in conjunction with a aorta.. ou real a.tate tbi.
day ~xecuted. and this note carri.s no persolU'l liability with it. Th& prop.
erty 8ecured by the mortgage baing the .nttr. collateral. .
If default be made in any inatallment unc:ler this note cd if G1Y auch
defeult is not made good within 30 day. of the date of 8a14 4efsult, the
entire principel BUIll and accrued int.rest ahall at one. becOWl duo md payable
without notica at the option of ~ha bolder of this not.. Failuro to exercise
this ~ption shall not constitute 8 waiYer of the rlaht to exarcta. tha a.-e
in the event of any sub.equent default. In the event o~ default in the pay-
~ent of this note and if the .~ is collaeted by ~ attornaf at law tba un-
dersi.gned hereby agree to pay all coats o~ collection includ1ng a reasonAble
attorney's fee.
Presentment and protest and notice a1~ hereby wa1~..d.
Documentary stamps affix~d
to original and cancelled out.
/s/ ANZLE B. MEAD
(LS)
/S/ ROBERT J. MEAD
(13)
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