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~o ~laue ~nd to ~old t+ie .ume, fc>,y~~t{~er u~it{~ f{ie fenements, herec~itaments an~ appurte-
?icir~~~t~s 1'ii•retu f~t~~o~i~~iru~, ancl tE~o rc>nts, is~ttes a?ic~ proJits t{~erea~, urito the mortgag^e, in JPP simp~e.
lin~ t~~t~ morlgayor roi~f~nanis u~ilh !he moriga~aee thut tne mortgagor is int~e`eusiti~y seizPC~ oJ said
~a?u~ in ~ee~ sim~i~i~; t{iat tE~c~ muri,yagor has goo~ rigfil an~a ~au~~ut authorily to conrey sai~ lanc~ as afnre-
! saic~; t~iut ti~c~ morlr~a,yor u~i~l rnake such ~urlher nssurartc•es to per~ect the f ee simp~e tii~e to said ~anc~ in t~e
~ mortf~aqc~e as ma~~ re~a~onnE>ly he requirecl; that the mortgagor here6y ~ully warrants t{~e titla to saic~ land ~
nnd u~ill d~~fe+ul th~ samc~ agninst the ~au~~ul claims o( ul~ persuns whomsoever; an~ tleat said Iand is jree
( ant~ c~ecu o+ a~~ pn~um~>ranres I
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~rovided ~tways, t~iat if saic~ mortyagor shall pay cinto said mortgagee the certniri promis- i
I sory note hereinafter suhstnntia~~y capiec~ or ic~enti~iec~, to-ur~t: ~
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3nns 25, 1965 ,9-_
~ FORT PIERCE, FLORI~JA,
~ PAY'MENTS INTEREST
i bATC AMOUNT 9AL. DlJ[1~ DATE AMOUNT I 7~AIb TO ,
For val~e recaived, the unders~gnad promise(i) ta pay to the orrler of the
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- ST. LUCIE CDUNTY BANK
FORT PIERCE, ~LORIDA
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the princip~l ium o#
~ ~ HOAT+RED ~~~TT O~b ~e ~ ~1~
_ _ ~ f Dollars
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t~ 1~~~ ~ ~
(5--.- with interest frorr~
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~ at the rate of per ce~t per annum on the unpaid balance until paid.
I- I The said principal and interest shall be payable at the St. Lucie Co~nty Bank, Fort
II Pierce, Flarida, or at such other place as the hold~r may desi9nate in writing, seid
principal to b~ paid at the d~t~ and in the m~nner folfowinq:
I~anthlT Ps3~ta be~ir~in~ Anaust S• 19b5 ~ la t~ a~om~t oP S~ ~h.- P~?!~'~
tc9 apply tir~ to ~nter~at ud tb~n to parinatp~l. Pri~legi o~ por~paaw~t is
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It defauit b~ msde in any inataliment under this rote and if •ny such defauft is not mede good within 30 days of the date of uid d~fault, th~ entirs
principa! ~um and accrucd (ntsrett :hall st once beceme due end payeb:e without notiu at ihe optton of the holder of thi~ not~. Failure to exercis~ this
option shail not con~titute a waiver of thc riqht to txercise tne •ame in the ev~nt of •ny su~sequant defsuit. In th~ event of dsfault in tlw payment of
th~s not~ rnd if the arne is toilettod by an ettornty st !aw th~ undeniQned heraby 891H ta p~y a11 cotta of colitction includiny a nswnabir atfornay's fse.
a
~ Satd St. luci~ Cwnry 5enk beiny ezprruly authorized ta retain any gensral or tpecisi depesit, collaterel, rosl or penonsl s~cu.ity or proceeds theraof,
= b~longing to either of ua, whethar msker, sacurity or endorser, now or hereaher in posse~sion of said St. luci~ County Bank during the tims this not~ re-
~ mains unpaid and before or afisr maturity a~ply sarre to this ar other debt or liability to said Bsnk, dua or to become dua to the ho{dar of thi~ note.
Pr~untmtnt and prot~st snd notice ere heraby waived.
' Rt. 4~ Box 3''j0 /s/ Horace B, Johnson _ sEA~
ADDRE55 - -
NQ /s~., Jo~ce D. Johnson T s~,~ <
nna...c.:n 5~
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