HomeMy WebLinkAbout0760 ~0 ]1A~~ IWI{L tl~e same, together with the tenemAnts, heredituments and ~purte-
nancea t{?ereb ~eTunging, artc~ t{te wents, issues and pro~ita thereo~, unto the mortgagee, in Jee aimple.
~ the mortgagor covenants u~ith the mo~tgagee that the mortgagor ia inde~easi6~y setzed oJ saic~
land in fee aimple; that the mortgago~ {eas good ?ig14t and lau~Jul nuthority to convey ~aid [and as a(~re-
said: t~at t~e mortgagor wi~~ maka suc~ furlher usauranres to perfect t~e fee simple titie to said Iand in t~e
mortgagse es may ren.ronably be requi?ed; that the mortgagar i?e?~by fully warmnta the title !o eaid lund
and tuill defend the same agains! the Iaw/ul claims oj alI persons whamsoevpr: and that said Iand is /ree
and c~ear o( alt encumbranres
~ ~r,.,
~ ~V~ 711Wa S~ that i said mort a or shall
~ ~ J g g pay unto said mortgagee the certain promis-
~ sory note {~ereireafter Subsi~ntaat[y copiec~ or ic~entijiec~, fo-wit:
PAYMEN75 INTEREST FORT PIERCE, FLORIDA, ~t~~X S l~g _
DAYE AMOUNT BAL. DUE DATE AMOUMT p.~ID TO
fo~ value receivad, tha undersigneti promite(s) to pay to the order of the
^ ST. LUCIE COUNTY BANK
FORY PIERCE, FLORIDA
the principsl ~um of ,
sw~T'M~U ?HOVSAND b 00/100 •~~~.r~~i~f
' ~ . - - Dollart
(S? ~ ~`'~Q ~ with interett from-~t@
et the rste of s ix _per cent per annum an ths unpaid balante until peid.
The ssid printipal and interest shall be ~sayabla at the 51. Lucie County Bank, frort
~ Pierce, Florida, a et such othsr piace as the holder may designate in writing, said
_ printipel to be paid ~t the date and i~ the manner foifowinq:
__~.~,~~;r~nt~ t?ee~in~ June 19, 1968, in ths a~ount of ~96. bS each
g~v~sats to ap~iy first to interest and tban to princ3pal. Privil~q~
n~ ~r~p~?yn~nt is ~ivsn.
If default be made in any inttailment under this note and if any such defsult is not made gco+j witfiin 30 days of the data of iaid default, the entire
principal svm and acvued intereat thall et once become d~e and payabls without notice at the option of tha holder of this nofe. Fai(ure to exercise this
option ahall not tnnstitute a wsiver of the right to exercise tfie same in ttre event of any subsequent defe~~t. In tF?e event of default in the payment of
rh~: note end if the umtr is collscted by sn attorney ~t !sw the undeniyned hereby s9ree to pay all co:ts of eoflection includ~ng ~ reasonable atlorney i fee.
5sid St. Lucia Ccwnty Bank beiny exprestly authorizad !o retein any genera{ a special depoait, toltateral, rea! or personet tecurity or proceeds tt?eraof,
betonging to aither of us, whethar maker, aecurity or endorser, rqw ar lxraefier in possession of teid St. lucie County 9ank duriny the time thi~ note re-
mains unpaid and before or affer mat~rity apply ume Yo thix w other debt or liability to ssid Bank, due or to betoma due to tFM Fwlder of th;s note,
~ Prosentment and proteif and notice ar~ heroby~ wiivid. ~Z~ RI~ YR~ ~s~ ~C.
w
IADDRE55_ BY R. R. Donahue, President
f sea~
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No gY Dorothy Hoffineister, Secretary
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I °~R~~.r~ 26#.
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