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HomeMy WebLinkAbout1085 7~ iiAY~ Ihe aame. fogefhe~ wtfh Ihe lenements, hereditnmenfs and appurte- ?tances l~~erelo ~iPloi~~inQ, ant~ f~ie renfs, issues anc~ prof ili ftie~+eoJ, u~to the morfgagee, tn jse sImpls. ~ ~ll~ll Ihe mo~lga~or coi~ena~ts with the morfgagee Ihat fhe morlgago~ is tnde(~~6ly selzed o said i land in Jee simple: Ihat the mortgagor hos good rigl~t and Iawjul uut{~o~ity to convey said Iand as f(ore- soid: that Ihe morlflagor u~ill make such jurthe~ assumnces to perfect tlte jee ~~~pt8 ttti~ to ~atd land tR the } mo~tflaflee ns may .~ona6ly 6e ?~yu~?ed: IF~at the morfgagor hereby /u[ly u~am~nts the tttle to said bnd I and u~il[ deJend tf~e same ogainst t~ie Iawju[ claims a/ aU persons whomsoever: and that said land tt jree ~ and clear oJ ai[ encumbrances and the mortgagors COV2A8At wlth the morfigagees i that in the event the property herein mortgaged is transferred I in anq manner to parties other than the mortgagors, that the mortgagees shall have the right to accellerate the indebfiedness evidenced by this mortgage and the note given herewith. i i ~ i ~ f i ~ ~ ; rou~ded ~ilways, t{~nt i~ said mortgago~ shal! pay unto saic~ mortgagee !~e cerfain promis- sory nofe he~eina~fer su~sfanfin~~y copie~ or iclentified, fo-wit: ~ f PAYMENTS iNTEREST FORT PIERCE, KORID/1, 19 66 I DAT~ AMOYNT ~/?l. OUt OAT[ AMOYNT rAiD TO fFRED ZURNER ~~GLOD~ ~:~'Y~~~ ~a Mift, At th. ST. LUCIE COUNTY BANK - ~tr pt~cE, aoRw,? +ti. ~ T~1'Y•FOUA Tli0U5AND AND NO/100 ~ ~k; 000. 00 ~ w~, ~ ~ date " rhe r,» of a ix p.. am p~r w~wn on rIr w~p~id balarK. w?ti1 paid. The wid principal a+d IMCrest ~hall b~ paysWe at tlw St. 4icie Counry 8+nk. Fort Pisro~. Florid~, or M wcfi other pist~ as tl» hoWat mar d~sipMf~ in writirg, wid p~ineipal to b~ psid ~t ~M da» and ke th~ e»srw~ar fdlowL~p: Ra~a9abla in t~raotq (20) aqwl aanwl inatal2mant• of ~1,200.00 nlw inter- ~~t at th~ r~ts ot 6~ psr annus on tha unpaid priacipal balancs, co~m~encing one rsar lrom d~te htraot. ~d ;1.200.00 plw iatereat ou tha •~me dar..ot aub aad ~~r~sry ye~r thsraaft~r until tully paid. Privilsgs o~ psypa~nrttt ritboat psnalty ia hasyby gi~rsn. Tr~nstsr o! propert~? ~ccellarata• ~ortaags. If d~fwk b~ made in ~ny imt~IknMt under this noh u~d if ~ny wd~ default is not rt~ad~ yood within 90 days of th~ d~h of ssid defwM, th~ ~ntir~ princ~p~i wm and ~ovued int~rat shali af once becam due and pay~bM withovt norio~ at tl» option of the hoider of this not~. Failw~ ro exerciw this option i}oll rat caatitvt~ i wsiv~r of tiw riyM ro exerci~ tht sam~ in tM ~vent of any wb~equeM d~fwh. In the event of d~fwlt in ths p+ynwnt of fhci no~ N+d ff th~ ssn+~ b cdbct~d by an anorney at tnw th~ ~ndersipned hKSby ~yrM to p~y all ootb of oolkdion kKludrg ~ rt~wn~bl~ attorny/s he. 11 ~y~~M~~_T_ ~P~~~ • «~w 1 ~la al r ~ ~ ~ ma ns ur~p~ and b~fo~~ a aftK maturiry s~ to th~ a~ or I~a 1 m ss a ro b~oon~e dw w th~ tius n~ +PP~Y ~Y Pnsentm~nt and prot~st ~nd notin u~ Fw~by w~hnd. ADDRESS ~~N . O i Ot1 rvo. ~ i~ ~ 1 I i ~ BO~r ~ ~ ~.r~ ~ ~ ~~~7°'`'~~~~~ ~ -