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HomeMy WebLinkAbout0088 ~ ~e ~~~l{~ t1~e same, together with the tenemants, hereditoments and appurte- nanees thee~eto 6e~onging, a~d the rents, issuea ancl pro~ils t~ereo`, unto the morfgagea, in ~ee ~imp~e. 711i1L the mortgagor co~~enonts wit~i t{~e mortgagee t~at the" mortgagor is tnde~enai6~y seixecl o~ aaid ~and in ~ee simple: that the martgagor haa good right and lau~Jul authority to convey ~atd ~ancl m a(w~e- said; t~at the mortgagor will make auc~ f urther aasurances to per~ect the Eee simp~e titje to said ~und in t/~e mortgagee as map reasona6ly 6e require~I; that the mortgagor he.~by ~u~ly warranis the title to aaitl bnd and will de/end the same agninst ~~?e lawfut claims o/ all per~oru whomsoever; and t{~nt aaid Innd 'u free and clear oF all encumbrances ~~V~ ~~ys~ t~at i f said mortgagor sha~~ pay unto said mortgagee the certnin promis- sory note hereinafter su6stantiully copied or ic~erttifiec~, to-wit: fORT PIERCE, FLORlDA, _-4,~-~+~ ~9 PAYMENTS INTEREST DATC AMOUNT •Al. DU[ OATE AMGUNT P.?IC TI~ _ For value receivsd, tt~e undeniyned promiso(s) to pay to the order of the • 5T. LUCiE COUNTY BANK ~ ' - FORT PIERCE, RORiDA rhs prir~dp~l ~um of -r..Frnyr hu,ndred s~tven st~ ~7~1(1t1..~ _ _ ~ou.~• (j 1 n~ C7 with interst from aa~ ~ at ttk rste of -b._.__ per cent per innum an tF» unp~id balance until paid. The said prirrcipel •nd in'rreat thall bs pay~bie at rhe St. Lucie Ccwnty Bank, Fort Pierce, Florida, w ~f svth other piace ss the holder may desiynats in writinp, said principel to be paid ~t the dete end in th~ manner folfowiny: ~~~nts to a,~l,v ~ rat ir~arest ~nd than to grirticip~l. Fxivila~e af p~ev~~ceer~t i~ otvsn. if default bf mada in a~y irutallment untler this note ar.d if any svch default is not mede qood within 30 days of the date of s~id d~fsult, the ~ntire principal sum and xcrued interast shall at once become due and paysble without notice at the option of the hoider of tfiit note. fsilure to oxrrcisa this option shsll not constitute a waiver of the riyht to exercise the sama in the event af sny ~ubsequent dtfsult. In t4w event of defauit in the psyment af this note rnd if tiw ume ia collecfed by ~n attorney ~t law the undersiqned hereby syres to pay ail costs of coliection {ncludin9 ~ rsaao~abfa attan~y's fee. Said St. Lutie County 6ank bein9 expn~siy authoeized to retain any genaral a spstial d~pasit, collater~l, rf~l ar psrtonei iecvrity w psotsads thereof, belonging to either of us, whethrr maker, ascurity w endorser, now or hereefter in po~sesaton of said St. Luci~ CoVnty Bsnk durir?p 4fie tima this rrot~ rr mains unpaid and k»fore ov aftsr maturity apply same to thi~ or other debt or liebility to taid Bank, due or fa betame dve to ti» Fwid~r of this note. Prexntment end proteat and notica aie her~by waiv~d. ~ ~ - ~ADDRESS NO. - - - - SEJ~L BOOK i, w:; ~ ~ R " _ t