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HomeMy WebLinkAbout0827~~. . ~~ '~~J~ ~J~'K ff;,c. t ~'o ~,aue and to ~lotd the same, loges{tFt• ~,!>~tr,< ~th~, tdrlerrleYlts, {teredifnmcnfs and appurle- nanres Thereto helott(ting, and t{te rents, issues and projlts !hereof, unto the mortgagee, to fee simple. ~1nd the mortgngor covenants with the mortgngee that the mortgagor is indefeasibly seized of said land in fee simple; thn! t~:e .^.?^r-nn~tnr has nood riuhf and lawful authority to convey snid land as nfore- snid: lhal the morl{Ingor urlll makQ such further assurances to perfect the fee simple title to lair{ land in the nurrt(Ia(Ir'e as mny reasonably be required; that the mortgagor hereby fully wnrrnnts the title to said Innd and will defend the same against the lawful claims o~nll persons whomsoever; and that snid land is free and clear of all encumbrances ~ - a ~COUtded ways, the! if said mortgagor shall pay unto said mortgagee the certain promis- sory note hereinafter substantially copied ar identified, to-wit: _ C 0 P 7 FORT PIERCE, FLORIDA, ~1~Zs-~--i9--~+ For value rKeived, 1M underait red promise(s) to pay to the order of 1M ST. LUCIE CL7UNTY BANK FORT PIERCE, FLORIDA tM principal sum of 'hf0 ~ll~lialt>d •iX hlt~tt~ ~ars (f Q.6~7.~ ), with InNrat from ~~ -- ai 1M: -aU of 6 per ant par annum on tM unpaid bet.n,• until paid. TM told principal and interest shall be payable st the Sr. Lucie County Bank, Fort Pierce, Florida, or et ouch other place at the holder may detlgnste in writing, told principal to M paid at the den and In tM manner fcl!owi;~g: =~t~p CIS ~ 5~ dill otr.~ R,ed 1 ~is~ ~weuts~ nw d-,. )tsar ~+r- Ot ~A01! i>~90~_... slQ, tl4f1i~1 ~-~ ~~ ~ -2~>! ti~to ^ to D • S!r prifilo of >P)np+trra~ is Mso~rl [ice. (Stet dcetttT>~ntarv stamps affixed to original and cancelled) If default be made in any inttsllment under this noto and If sny such default la not made good within 30 days of -M date of raid default, the entire principal wm and xwued intertU shall at once become dw and payable without notip st tM option of tM holdw of thh no». Fsilun to exercise this option shall not constjtute s wtlver of tM right to exarcite the ume in tM went of sny tubsegwnt defwlt. In tM went of dofauit in tM payment of thin note and tf tM tams h collected by an attorney at law tM vndertigned hereby sgrp to pay all casts of eoi!edtan including s natonsble attorney's fee. Said St. Lucie County bank t»inq expnuly wthorlstd to stain sny 9enenl or spatial deposit, collateral, sal or personas aecuriry or proceeds thereof, belonsing to eitFHr of us, wMthav tnskor, ttcuriry or endorser, now a Mrafter in pwussian of Bald St. Lucie County Bank during the time shit note re- meins unpaid sad befors or aftttr maturity apply same to thta or ether debt or Ilsblliry to said rink, dw or to become dw to tM holder of this noes. Presentment and protest and notke are hsieby wahntd. ~o i~~l ~iaito Rozatratca - _ ba,: ...:.., S. ,-.1 -,.,t SEAL ~sr~ silbalQ~r - sEAt PaaJ. ~ e ~fl3ilt>a-ffbs!