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HomeMy WebLinkAbout0402 ~ 1 1 , ~ 1 . 7b I1~IV~ TWA~ the same, together wii~? !he tenements, hereditamenb on~ appurta- nances theMto 6elongrng, and f~e rents, issuea and pro(fh lhereo~, unfo the mwtgagee, ln fee sirn~?~e. ~ ~ the mortgagor covenants ivith t{?e mortgngee that lf~e mortgagor ts inde%,t61y setzed o~ said ~ land in ~oe simple; ti~at the mortgagon c~u gnod right a~d law/u! uutl?o?ity to con~ry? satd land w a/or~e- ~ satc~: t~?at tha marlgagor wi« make euch ~urther nssurances to pe~/ect the Jee ~imple tit~e to said lan4l in t~e ~ mortgagee as may rea~ona6ly be required: that !he mortgagor 1?e.g6y /ully wan~ants the ttt~e to aai~ land ~ and wi!(.defend the aame againat the Iaw/ut cIairsu o( all penona who?nsoever; and that said lnnd 'u jree ~ and clear o/ all encumbrances , ; .4 > ~ ~ ; ~~V~ 71iW~ys~ that ij said mortgagar shal! pay unto aaid mortgage~ the certain promia- sory note hereinajter su6l~ant~alty copied or identi~ied, to-wit: Sars.h Bsr r C~s boll ~ FORT PIERCE, FLORIOA. ~Q~t's Z7~ 19 Gr'} ~ PAYMENTS • OAY[ AMGYHT •AL. 6UC OATC AMf7UNT rA1D TO Fw wlw recaiv~d, tM undani~»~d promis~(~) to pay to t1+~ order of the 5T. LUCIE C~UNTY BANK FORT PIERC6, FLORI~A tM principN wm of ---Fiw thousand rsnd NO~1C1A--~---_~___.. aeu.n 5~00(:.C10 nata with EM~n~t from b at tM rat~ nfi per tent per annum on the unpsid balar?ce untii paid. The said principal and inter~st shail be pay~ble ~t ti+a St. lucie County Bank, Fort : _ Piara, Florid~, or at wch other place aa tM holdsr m~y desiynst~ in writing, said princip~l M b~ paid st tFw dat~ ~nd in the nunn~t follawirg: l97.C~0 per sonth atarting l~oP. 1~~ 1965. P~eat to bo app).i~d flrst to interest a~d a ana~ ,.o e gr_no pa . er ~a n~ p sgr o pr~ps,y~n . ~ (De, n ~ta~~s__afti=e~t~~igi.ne~l n,nta.~.~____ (Re~l ~.s~. dtg. ) if defavh be n+sde in s~y irotrllment vnder this nota and if any such default is not mads qoad within 30 dayt of ths dett of taid defautt, the entire principal sum and atcrued int~rrnt ~Mt! at wxs becomr dua snd payable wifhout natics at tht option of tM hAlder of this note. F~ilvre to ~xtrcist this option sMli rsot comtitute a waiv~r of the riyht to ~x~rcise tha ssma in tlu event of ~ny tubteq~ent dtfauft. In tM wertt of d~fautt in tiu payment of ~ - th~~ rroM ~nd if tho ssme is coll~ct~d by ~n attorney at lew tM vndeniyned harsby ~yrea to pay all cosh of tollection trxludinq a rsawn~bte attaney's he. Sa3d St. lucie Covnty Bsn~c btir?p expr~asly sutlwriz~d ro ret~in s~y yeneral a spetial deposit, toliateral, rsal or pe~sa+~l set~rity w procMeds thrreof, beionging to ~Ither of us, whetM+ maker, security a ~ndonet, now w her~after in posseufon of said 5t. lexi~ County B~nk durirrg tM tirrro this notK rt mains unpaid and 6efor~ or aft~r maturity apply rame to thi~ or otMr debt or liability to said Bank, dw or to b~torr» dua ro tF+e holdar of this rat~. ~ Preaentment and protsst u~d notiu ~r~ hersby w~iv~d. DDRESS ~ SiIAB~t ~'Id• eS1LT~1 B~2'~'!Y' Ci~~1~~1 _SEAL Williaa Cauapbell s~.~ NO. ~ _ ! I I < ± goo~~27 ~ 402 A