HomeMy WebLinkAbout1500 I, ~o ~laue and to l~~~~ I~~t~ sunti~. fuye~ifier ~oit{i fhe tPliPqiPn~s. ~1PrNi~itumc•nts urtc~ appurfN %
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II nnriri~s I~~t~n~tu f~i~~un;tir~~~, an<~ f~~~~ re~ifs. isst~e~s an~~ pro~its thereo~, untu the nlvrtga,yet~, in ~ee simple.
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i~ lL~~ I~it~ murft~ayur ru~•rnnnts u~it{i t~~~~ morlyCl~PP thut fhe morfgayor is inc~ejensif~~y sei~ec~ o~ suic~
land in f~~e~ .im~~l~•: thcit thk~ morfqaryor {~c~s yood ri~~ht and lau~ful authority to c~onoey said Iand as aJore-
:uiel: tE~ut I~~f~ mortpnr~ar u~i~~ mn~F~ stu•fi ~urtf~er u~surunres tu p~rfect the (ee simp~e tit~e to saic~ ~unc{ irt !he
( rnortqaqe~e~ u: muy rnasuna~~~y f~e requirecl; t{int !{ie mortpagor {ierehy fu~~y warrants tfte title fo saic~ ~antl ;
. ~ and u~il1 d~~Jen~~ the~ same uqc~inst t{~e laiv/uI c•~aims o~ aF~ persons u~homsoever: and tha! said lnnd is ~ree
cinc~ c~f~nr u~ a~~ c~nrum~~ranres i
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rou~ ed lways~ tf~nt i( saicl mort,ync~or s{ia~~ puy unt~a snic~ rnorigageF !{?e rertain promis
sory r?ote hereirn~ter su~stnntia~~y copiec~ or i~enti~iec{. to-wif:
~ May 14, 1965
FORT PIE E LO IDA
! ;~u00~ rly int.e ~ of ~2~r p~uu~ int,rr~is ~ s~a ~ ~
~ ~tU !'~ft ~after date I, we, or either of us promise to pay to the order of
I~~3~~~ S'~. LUL'IE COUNTY BANK
~ 6.ooQ.00
FORT PIERCE, FLORII)A
_~._SIX '1'HOQ~AFD & OG~00
DOLLARS
DUE
wiih I~uernt a(trr at LAe rate ot per cent Der annum untll paisl, fot v~lae received, ne[otlshts ~ad
ua>~ahlr at thr oifi~t of said banlc, and I[ not vaid al mstaritr this note mar be pLceB ln tbe L~od~ o! an ~tlorne7-rl-
I~~ for eolleclion: snd In that ermt It is a~reed and a=omtaed~ br the ~sten and endorsen, se~nraib, to qa~ ¦ re~-
.u~~ablr rtturne>~'s t~e, •nd ther do waive the rl~ht to be sued, atter detauit, In the coanty o( thelr residenee; La~ie~
Jri~usiled wiih the ~ai6 tlxnk as coilatermi securit~ for the oacmeni of thFs note, and •ns notr ~ivea In extenstoti
or nnewal lLereof, artd u seeurlty !or lhe paYment of any olher Ilab(lity or II~btliiie~ ot the undersirned, to ¦ald 1BSdk N~,
++hrlhrr nuw tziytlns, ot hettatler ari;int lhe follow~lne Droperty~. six:
1 rlatl~ • 1~ ~rh~.t,r $e~Ld d1~1~Crid i0ll~ii~"! ~x~¢* 1 Man~ • 1~K vhit,~ ~ld Ha~iltam tn•ist ~ratchi
neL~ d~Ld l~reh 3Z,_15~'~~-Ji~~~yr...A._l. ~c~~olca~ds; in tlk-_
a~ovnt of ~1.2,~0.00 ~ach. ~ot~s ~y~abl.~ Marah 1, 196E~. Mar. 31, 1196'r l~ar. 31~ ~.968 and
~isroh 31z 1~6Q,__ r~s~atl~s~.
at a uresent martet v~~ue estlmated ~Y the undenisned to be . DOLLA63
and should ssid 6snk, or tLe helder hereot, heresfter consider thrt t6e market ?r7oe ot uld eeeuNltes has decitncd, or shoold sald acearlUes tor nny reasoe
brcome unsalistaetot7 b~~a1d-~Yw~lc, or the holder 6ereot, t6e undenltned herebY at7'tes to snake payment on aeeount of thla obll`stlan fatlstacturr to lhe
holder hereot. or, t,vtirli~er te ssid Bsnt. ar t6e bolder Lereof, addiUonsl seeurlUes te the saUstaetlon ot tLe holdsr of Lhls obllsatlop. And tor •nr other
iiabilftles to swid Baak, wbet6er dae or nol due, or herea(ler •risla~, tbe onderd(ned alw berebr efres ta ea16 Bartk a Iten uoan ail properts or securilin eivrn
to or Itft in p01{l~flbq of ewid Bank by t6e onderyl~ned. •nd atwo vpon anr bslaaae ot tae deposFt seeonnt of t8e uedersl~ned wit6 the safd Bank. For rslne
rrcefs~d Ihe underslsncd hereby turthcr asrec~ tna! upan l6e non-verlotmance o[ thls n+omlae to vsr, nDOn tallure, (nsolreeer, or uvon !he non-Da~ment ot
aey o! the IlabUitle¦ ol l6e ondesslrned to sald Bant, or upen faldure of the ondenSSUed witLln iLree dare alter dat: of mailin~ noitce •ddressed to the mater
herrof. at his addrcf~, as ~iscn b~ hIm nt lhe time of maifns thL note, and endor~ed at lhe foot ot th{s pota to m~ke saUsfactory Darment on aceannt or So
(urai.h add'etledat seenritle., saHs[actors te t6a Presldent or Ca~bier ot tald Bank, or to the holder hereof, In ease ot a decUne ae ?f~teuld, t6ea, and In
rilher sueh ease thia nete •nd •11 otAer oblleaNons ~ad flabfiftiee of tbe nndtr~Isned to the Sank, snd ant and aU ot them ~hall tort6wllh become dae and
pa.abic xit6out furtbrr demsnd or nolice; and loli po~ret •nd aut6oNtr ls herebr d~en to t6e rsid Bank ot the bolder o( th[s r.ote fo aell. s~sisn ~nd de:irrr
lh% whnlc or any v~tt of the abore mcnl~oeed urooerty •nd secneittes, or ~nr yart thereof, or aas subsUtute thetetor, or ot any •ddlUons therclo, at prl~ate o~ ~
~ publir salc at the aotlon ot +ald Bank ~r its Prosident or Ca~blr. or t6e holder Lereof a0oa 10 dRn' nottcc m~lled to t6e address ~peclfied below~, or to msker's
' ~ist tnoan •ddress: snd •t such stle tbe safd Bank, or •nv of Sts ottlecrs, or tLe holdtr bereo/, ma~ beeome tbe varcG~srr o( the wbole or snr part ot the sald
srcuritfe~. tree trom anr rlshl ot redemoUon by t6e undersi~ned, whleh hcreb> expresslr eal~ed •nd released. In eax o/ ss~e tw sns unse, after dedoetlns
all leral and ot6er Eosta for eoileet{on, sale, sed deilven o( ssid proyertr. lneludin~ attetne~a tets, as hcrolnbefate pro~{ded, t6e sald Bsok or 6he holder hereot
' mas~ ?oPlx the re~idoe ot the tiroeeed~ at t6e sale or salcs so made Lo vs7 this note, nnd ihen ps7 any or ril of t6e (libilitits ot tLe undetsiCned to aald dank. ~
wbrt6er due nr not due, or heeeatttr rrlalns, as anr ~f ita of(Icers sLall detcrmine, maktn~ prouer rebate tor interest on iisbflitiee not due, retarnin~ t6e onr-
t ptus. it ~n~. lo lhe unden{~ned, and l6e undrrsisned •I~o aLrees L6st tLe e»rclse, or the omisslon to eutclst, by uld Bank, or lhe holder htrtot, ot any of the t
{ riehts and privileiea hereby contrrted uoon sald Bsnk, or t6e hoider hereot. ~'c.ail not ralre or etteei ans otber or sub~caoent rl~dt to exereise t6e same. and !6e
?ndrrsi[ned also a~rcet to be and remaln Ilabl~ to sald Sank, ur to ihe 6older hereof, tar any deflriencY aftte sueh sale or tales, toaether with Intereat thrrean
at thr rate of otr cen prr ~nnum untll thi samt Is fully D~Id.
,~~nFgs ~s/ Joseph M. Jennings, Jr. cee.,~;
/s/ Ann J~ran~ngs
- (BBAT.>
PF3H 5M
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