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Made this 13th daty of September ; A. D. 19 65
WILLIAM A. McCULLOUGH and RUBY MeCULLOUGH, his wife, and ~
LAW'S BOAT YARD, INC.,
htreinafter called the Mortgagor s, and J. M. EWING, ROBERT DRUMM, W.C. LAW,
and DONALD L. HOR~'ON, as their interest may appear
hereinafter called the Mortgagee s,
~ That the said Mortgagor s, f or and in conaideration o~ the aum pf One Dollar to ~
~ them in hand paid by the aaid Mortgagees , the receipt whereof ia hereby acknowledqed, ~
have granted. bargained aRd aold to the said Mortgayees , their htirs and -
praperty ~
asaigns. fore.ver, the following described ~tamdc situate, ~ip and being in the County of
5t. Lucie , State a/ Florida ~i~CApil: in the
custody and cantrol of said Mortgagors, to-wit:
~
All assets of Law's Boat Yard, Inc., including
tools, good will, name and any improvements
made by Mortgagors after date hereof. Also
Eight Hundred Sixty-Eight (868) shares of comm~n
stock nf Law's Boat Yard, Inc.
and the said ,11ort~agors do hereby f ully warrcznt the title to said lancf, and widl def end fhe
same against the lawf ul claims of all peraons whomaoever.
~rouided ~tways~ That if said biortgagors , their heirs, Iegal represenfatives or
I
assigns, shall pay unto the said Mortgagee s, ~heir legal ~epresentatines ar assigns, a
certai~i promissory notp dated the 13th day of September , A. D. 19 65, for
the sum of Fifteen Hundred ($1, 500.00) - - - - - - - - - - - - - Dollars,
monthly tagether
payable One ~iundred Twenty-Five Do llars ($125 . QO )~ith inferest at s ix ( 6)
per ce~it. from date signed by Mortgagors
. and staall pay all surns payable hereunder, and per-
form, comply witli and abide by_each and ev~r~ t~e stipulations, agreements, eonditions and cove-
~ nants of said promissory note and of this mortgage, and 3ha11 duly pay all taxes, attd also insurance
premiuma reasonably required, and all coats and Pxpenaes including a reasonable attorney's fee,
which said 1Kortgagee may incur in collecting mortey secured by this mortgaye, and also in
en f orciRg this mortg~ge by suit or otherwise, th~en this martqage arid the eatate hereby creuted
shal! cease and be nt~ll and void. ~It ~~~~f ~ the said ifortgagor s hereunto sef
their hands and seals the day and year first above writt~n.
Signe , aled an eliuered in esence of e~$:
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