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HomeMy WebLinkAbout2298 ' f ~ io )~We ~Wi LD 7W~ !{~e same, loyether wit~?'the tentmenfs, heredit6w~ents and appurte- ?iances ihereto 6elor~ginc~, and the rents, issues anc{ proJifa the~o~, unto t~?e mortgagee, in'ee simp~e. 7Y~4 t{?e mort~agor covenants with the mortgagee t~?a1 !he mortgag .r is inc~ejeasi6ly seizPd of said ~and in Jee simp~e; f{~at the mortgagor has gooc~ right and lawfu~ sutl~ority to convey snid land aa afore- aaic{; that ff?e mort_ryagor will make such furf~er assurnnces to perfect the /ee aimpla title to :aid Iand in the mortgagee aa may reasona6ly be requi?ed: that the mortgagor {~ereby fu11y u~a?rarets tl~e title to said Iand and will dPfenc~ the same against t~e [au~/ud rlaims a/ all persona wl~amaoever; und that snicl Iand is free ared rlear o/ all encumbra?ires - ~ ~ ( i 1 ~ I I • i ~'rouided Rlways, that iE sai~ martgagor sholl pay unto said mortgagee t~te certain promis- ~ sory nofe ~?ereina~ter substantial~y copie~ or ir~entified, to-wit: ( a - - - - - - - 1 COPY FORT PIERCE, fIORIDA, ~Ate~aber LjD )9 ~ PAYMEN75 1 NTEREST DATC AMOUNT YAI. DUt DATC AMOUHT MI~ID Tq For v~lve recoiwd, th~ ~~ndeniqrxd promi:e(s) to pey to the order nE the - ST. LUC(E ~,DUNTY BANK FORT PIE~tCE, aoRio~? tM principN wm of F~c Je huridr~~d & nv/100 - - - ` Dol lars (S 7~~~ with interest frd*+ da~te •t tFM rat~ of _ ~ ~ unt per ~nnum en the unpaid bala~ce until paid. Th~ iaid principal ~~d intersst shal( be p+yabte at the St. Lucie County Bank, Fort Pierce, fiorida, or at such Other plate a t}» holder may designate in wriring, said principal to be p~id ~t tM da» snd in tM msnner followin~: Maathl,T pa,gmeata ia the ~acount ot $100.OJ eaah~ p~y~ae~te to bsgin October 2q~ ].968, and to AYFly firat to intereet then to princiF~.al. Yrivilege of pre~~yr,ent ia ~ivdn. . Stmte doc ent;ry ~t~~ x~£ixed to original note & cancelled If dafault bs m~de in eny in~tallrrnnt undee this note and if •ny suth default is not made Qood within 30 days of the det~ af said default, ths entire principal sum ~nd rstrued inirres! she~l at oRC~ bacoms due ind payabl~ withavt notica at th~ opstio~ of ihe holder of this nate. F~ilure to excrci~ thi• option shsll nat constitute a waiver of the riyht to sx~rtis~ the isma in ths event of ~ny •ubssqu~nt dsfavlt. In tha ~vent of default in the payrrKnt of thls note and if tha ~me is collecred by sn attorney ~t law ths ~ndeniyned he~eby s~res to pay all costs of coll~ct(on including s r~own"able attorney'~ fee. ~ 5atd 5t. lucit County Bank beinq sxprrssly authoriud to rotsin sny yen~rsl w special d~posit, coilaterif, resl a perwnsl sec~rity or proueds thereaf, belonyinq to either af us, wheelix maker, ~ecuriry pr endorser, rww or hersafter in pooses~icx~ of taid 5t. Luci~ County 8e~~k durn9 the time tt~is nois re- mei~: unpaid and befwe or ~ftK maturity sppty urti~ to thi~ or other d~bt or liability ro~aid Sank, dw or to betoane dus to th~ holdsr of this not~. ~ Pr~~entment and prot~:t ~nd notiu ar~ hertby waivsd. ?AODREtt 615 t~C~$Tt L)T`~Y~ Louia P. Keller _ s~~ :?eal ~,stat < No ~S/ Ruth Keller SEAL Swt~urn 5M S-6z d#633 I I I ~ BOOK