HomeMy WebLinkAbout1731 i
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~ ~ ~ o FOtR HUNDRED TNOUSAND & NO/100 ~
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...................».......:....do~a. a~,vr~d by . one oertatn promisaory nots.... o~ wl~tck tl~e
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ouow~ne. L. wo~ci. and ~Igww. ~a o aw ~nd oo~.t oopy : :
' ~ oQO_oo ~ ~e~a. ps , t~
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, Oet o! DA~oT~ DrCY~IbH! , 1968 next aher date, we jointly and severolly as principa)
promise to pay to the order of ST. LUCIE COUNTY dANK, Fort Pierce. Florida.
~ "'r'~~~ T~AlO /1lO !q/100-~~-----««•---M'.M~.•~'N+"'~ DOLWRS
, at the ST. LUCIE COUNTY BANK, Fort Pierce, Florida. ;
~f For vahre ?~ceived. with intt.ese afrer ~t th~ rat~ of 6_ per cent. PK ~nwm until p~id. ,
~ S~id 5T. U1CIE COUNiY 6/?NK b~inp expr~ssly authorised w ntaie~ u~y ye~erd w sp~tial d~posit, ooll~tKa4 nal or psrwn+l tecwity ,
w p.ooNdi tl~~of, b~brginp to ~ithe~ of us, whethK m~ka, a~a+rity or ~ndonar, now w here+fta in pws~ss~on of said ST. UJCIE !
~ COUNTY dANK durinp th~ tim~ thd noM remai~u w+paid ~nd b~fon or afte~ maturity apply s+en~ ro this w othar d~W or li~bility w said :
6ank dw w w bac~ due to th~ hold~r of this not~. {
Now. sho~W it baoor~e neuss+ry ro collect this eot~ tlvagh ~n aNO?rwY. eithe~ of w. whetlwr maicer. sscvrity o~ c.~+dwu~ on thif
~ot~ hereby spnes w WY all cosb of wd+ collaction, indud'w+g ~ nasonsble +ttorn~y's fe~.
TM drawen ~nd a~donKS ~werall~r wa'rve pres~ntment fw paymenL prot~st and notio~ of protest for noo-payment of tha raN, and
, ap def~n~e on tIK yrowd of ~ny extension of th~ tlme of in p~ym~nts tMl may b~ p'~wn ro tM lalder w holdKS of than, a ~ithcr of
~ than, w ro tM maka or m~ksn tl+crwf, ~nd se~ u~d ~il r~n~wab tMraof. A~~ ~l~Q~~ .
No Due ~t /s/Alto Adams, Jr. ~a~~~al) .
Address /s/ Dor.~thy S. Adams B~Ct+~tat~a~~
and alao all expenses t1~t may or ahall accrue in t~e event of the f
oreclosure of t~is mortgage,
~asonable attorney'a f
eea and costa o/ oourt included. tl~en these presents sTiall ~ie vo~d; otlierwise
eo ~ luil f
o~ a.~d ~eue.
~ t~ie mortgagor_._. agree._.. to puy sa~d obligation when due, with interest as stated therein.
and to comply wit1~ alI ihe ternia of said ob[igation, and to pay uU expenses of collection thereoj in-
cluding an attorney a f
ee of ten pe~ cent o` t~e unpaid p~ncipaj artc~ interest of saic~ ob~igation.
In the event of tjie f
ailure or ref
usal of tlie mort9a9or---. or its.--.._.._.
?~s. legal :
representatiaea o~ assigns to pay this mortgage a?u~ the obligation secured thereby. princi~ and =
ir~terest. or of the breach or non-perf
ormance of any of t~e covenants or provisions of this mort-
its
9a9e. then tlie mortgagee_.._, .........................IegaI represeritatines or assigns may and is ~ereby
autliorized to talee irnmediate possesa~on of said aboae described Iiae stock and seU t~te same at :
' public sale to tF~e higFiest bidder ~or cash, at the Courtl~ouse in......____
St. Lucie County, Flor~da.
's
,
a/ter giving fifteen days' notice thereoE. aa provided by law. and the proceeds of such sale s~wIl be
apP~ied f
irst to tjie cost of ma~ing such sale anc~ then to the payment of the amount of principnT.
interest and aftorney s fees due upon said obligation and the remainc~er oj tlie proceeds. ij any.
sliall 6e paid to tlie mortgago~._._ or__..__ its__._.._.__..~...Iegal representatives or aasigns.
~ _._._._.._._t~ie said mortgagor.. for._.__itself__~^_..ant~...____its~----•--•-~~~~
assigns
or successors do eS covenant and agree to and wit~i the said mortgagee.._., exe- ~
cutora. administrntors and assigns. t~wt In case dejault shall be made in the payment of the said
sum above mentioned. o~ any instaljment thereof, or in the payment of t~te whole or any part of
the interest t~ereon at the times and trt t~ie manner provic~er~ in saic~ promissory nofe....; or irt case
fhe aaid party of the ~irst part s{w~j remove t{se saic~ goods, chatte~s and persona~ property or any oj ~
t~iem. wtt~wut written permission of aa~ mortgagee._._; or permit or suf
f
er any attachment or other
process to be Iemed uF.on said property or any part tliereof ; or permit or suf
f
er any judgment to 6e .
~ . it - '
entered up agairut.--•---•------•----•------------------- then the said aggregate sum of money herein men-
tioned slinU become instantly due and payable, nt the optton of the saicl mortgngee_..., and t~en it
shall and may be lawjul for tlus mortgage to be immediate[y ~oreclosed jor tFie whole oj said ~
money. interest. costs, jees, cjwrges and expen~es as af
oresaid. ;
It ia ~urther ur?derstood artd ugreed by the parties hereto, thut this mortgage is subject to !he
~ollowing adtlitional covenartta, a~itions. stipulations and ag~eements agreed upon by tlie parties
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B~R 1fi9 ~A~r
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