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HomeMy WebLinkAbout2695 ~o ~iave nnd to ~iold the same, togethe~ with the tenements, heredilaments nnd appurte- nanres Iherelo 6elon~inn, and Ihe ?ents, issues and projtts Ihe~eof, unto the mo?tgagee, tn fee simple. the mo~fgagor cove?~anls wilh the mortgagee tf~at Il~e morlgagor is indejewt6ly setzed oJ said land in (ee simple; fl~at tl~e mo?tgagor hns good right und lawf ul authortty to c~on~ey said Innd as a~ore- said: t1~at the mortgago~ ~u~ill make such ju~ther assumncc?s to per~ect ll~e /ee simple title to said Iand in the mortgagee as may reasonu6ly be required: thal the mortgagor hereby (ully warrants fhe tille to satd land and u~ill defend the same against I?~e lau~/u~ claims o~ nIl penons whomsoe~er; and ihat snid land b jree and clen~ oj all encum6rances . ~~V~~ ays, fha! i~ said morlgagor shall pay unlo saic~ mortgagee t~e certoin promis- sory note tiereinajter su6stantially copiec~ or iaenti~iecr, to-wif: \ FORT PIERCE. FLORID/1, ~ 19 19 W PAYMENTS INTEREST DAT[ AMOUNT •AL. Dlli OAT[ AMOUNT OAIO TO Fw valw r~c~iwd, tln w~deniyned promi~s(s) w WY~to tFr ord~r of the ST. LUCIE COUNTY BANK FORT PIERCE, RORIDA th~ principal awn of ~,.Mw~ ~ ~ jw Doilan (=~~~0~~ ~ with htKNt from ai~ . at tM rd~ of.~_per cent per annum on tFw unpaid balana ur?tii paid. ihe sad prie?cip+l and in~enst shatl be pay,bl~ •r tFr sr. tuw Gounb 6+nk. Foh Pierce, fbrid~, a at wch aher place u tl+t fwid~r may d~:iyn~t~ in writieg, s~id principal ro b~ p~W •t tht dat~ ~nd in tM rn~nne~ followinp: ~ 1969, ~4,000.00 p1v~ it~twr~~! rill b~ ~ and p~,lrbLi ~a 1!b , •'~11 a dir ~aab oooa~ortii~ rar tl~a~a!'t~'~ i1~11 ~t ~ , ~,•'~"--'S is ttills ~~1+~ of S_., ' . i ~ tf defwk be mad~ in +ny irotallment unde~ this rate and if soy wch default is not mad~ pood within 30 d+Ys of tha d~f~ of said def~uh, ths entire princ~pal wm and acuued intaat ihall ~t onu becane dw and psyabb witl+o~t notice at tiw optan of ths Falder of this note. failure to exercis~ this option sMll ~ot ca?stitute a wsive~ of the right to sxacis~ the s+me in tM ~ve~t of ~ny wbseqve~t defsult. In th~ ewnt of defavh in tM payment of this rqte u~d if tFw ~ame a collected by ~n attwrnJl ~f Iwv ih~ ~edeni~ned herebY +prp to pay all casb of collection includinp a r~~~on+bb attor~ys fK. Said St. Lucfe Co~x~ty sank beinp eupr~ssly suthoriud to retain ~ny yeneral or sp~ci~l d~posit, ooll~terd, rs~l a peno~al sewrity w proceeds t1~e+eof, j belorginp to either of uf, whether nwker, security w endorser, now w her~aNa in pouession of ~id St. lvci~ Couoty B~nk dur'ug th~ tirns this not~ re- ma~ns unpaid uid befa~ w aher maturity spply same to this or wher d~bt or liability ro s+id 6ank dw a to b~oa~N dw w t!w hoW~r of tha no1~. / ~..«.~.e~t R _ Th~nn ~~L~ Pre~entment u~d protKt ~nd ratice u~ ha~by waiwd. - ~noaEU /s/ Cleovatra B. Dunn se,u~ No. / s/ HoWard W. Dunn sEw~ ' .3~ ~?C s' (I BooK 157 PA~E 294 , ~ = _ ~ , ~ a~~x j,,~:: ~ _