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CHATTEL MORTG.AGE ~
THIS MOR7~GAGE, Made this Zst day of November, 1966, by EDNIIN
J. MINTON and ;NARIEL C. MINZnN, his wife, ef Fort Pierce, Saint
Lucie County, Plorida, hereinafter called tne Mortgagors, to FLOFIDA
BAI~'K AT FORT PIET.CE, a Florida banking corporation, with its prin- Y
cipal office in Fort Pierce, hereinafter called the Mortgagee.
W I T N E S S E T H:
That the Mortgagors do hereby mortgage, bargair., sell. and con-
vey to the Mortgagee the follawing livestock now in the possession,
custody and control of the Mortgagors in St. Lucie County, Florida,
more particularly described as follo~vs, to-wit:
- 145 head, 2 yr, old, Braford Heifers ~
60 head, 1 yr, old~ Braford Heifers
6 head, 2 yr. old, Braford Bulls,
branded: Merry L
as security for the payment of a certain promissory note, the follow-
ing of which is a true copy, to-wit: '
~ 30, 000.00 gart pierce, Florids November 1 lg 66 .
FOR VALUE RECEIYED, the undersigned. jointly and severally, promise to pay to the order of ~
Plorida Hank at Port Pierce
~HIRTY 1If0t~SAND AND NO/~~0-----------------------~--------------°.DOLLARS,
at the Plorida Banic at Port P; ~rce or such other place as
; the holder hereof may designate in writing, together witb interest from date at the rate of ~
per centum per annum, on the unpaid balance until maturity. The said principal and interest shall be
~ ciue and payable ~
~ a5,000.00, plus accrued intereat, payabic April 1, 196?.
~1,000.00, plus accrued interest, payable December 1, 1967.
$5,000.00, plus accrued interest, payable Aprii 1, 1968.
$1,000.00, plus accrued interest, payable December 1, 1968.
$5,000.00, plus accrued interest, payabie April 1, 1969,
$1,000.00, plus accrued intereat, payabie December 1, 1969.
~5,000.00, plus accrued interest, payable April 1, 1970. ~
~ ~1,000.00, plue accrued interest, payable December 1, 1970. `
~ $5,000.00, plus accrued intereat, paysble April 1, 19?1.
~ $1,000.00, plua accrued intere8t, payabie December 1, 1971.
~ If default be made for 15 days in the payment of any installment of principal or~ interest or ~
' any part thereof, the whole sum then remaining unpaid vrith interest shall at bolder's option become *
~ due and payable without notice. Failure to eaercise such option shall not cor.stitute a waiver of the t
r_:
right to exerci~e the same in the event of su3sequent default. After maturity both p~
incipal and accur-
~ cu interest shalt hea~ ;~terest at 6 per centum per annum until paid. The makers and endorsers
~ of this note further waive demand, notice of non-payment and protesk If this nute ia not paid at matur-
ity and the same is placed with an attorney for collection, the makers and endorsers hereof agree to pay
~ all costs of collection~ including all court eosts and reasonable attorney fees. ;
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