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HomeMy WebLinkAbout0375 ; ~3 ~o }t~ue and to ~{o!d ,Ihe same. togefher with fhe tenemenls. ha~editamenta and nppurte- nances fherato be~ongi~g. qnd t~e ?ents. tsaues ana prof ifs ttiereo~, unto the mortgagee, in ~ee simpje. ~ the mortgago~ co~?enants with Ihe mortgagee that the mortgagor is indt/ewt6ly seized o/ ~aid land in ~ee aimp~e; t{~at the mortgagor Ras good ?ight and law(u~ aufhor+Ity to conne~r said ~a?u( at a~oti- said: t~nt fhe morfgagor wi~~ make auc~i further assurdnces fo pe~ecl f1~e jee ~imple tttlo to said Iand in !he mo~tgagee as mny reosonably 6e required; thaf fl~e mwtgagw ~~reby /u~ly warrnnta t~e tit~e to said land and wtU d%nd the same agai?ut the [aw(ul clatms o/ aII persons whomsosverr: and fhat sa~d b,~d ts jne~ and clear oj aII encumbrances . . roV~ ~i~W~ys~ fhnt i( said mortgagor shal~ pay unlo said moHgagee t1?e certain promis- sory nofe ~ereinaf fer su6staniiolly copied or identi~iecj, to-wit: PAYNIENTS INTEREST ~T PIERCE. FLORIDA, A11Q11~t IZ ~q 6$ ~ DATt AMOYNT ~AL, DY[ DI.TE AMOYNT /AIO TO ~ Pw v~iue receiwd, th~ undrrsi~nad promis~(s) to p~y to tM order of the ~ ST. LUCIE C~UNTY BANK = ; FORT PIERCE, ROWDA th~ principal wm of Tti~O 'i'~Z13AIID lDl~ ~~D AMD ~/IOO~MN uo~l.rs ~ Z ~400.00 ~ ftom data ~t ths rat~ of 6~ per o~nt pK anrwm on th~ unpaid balanc~ wMil paid. the s~id princiP,~ u~d ~n?sr..t slut) t» p.y,bl. .t th. sr. lud. county 6+iJc. Po.t Piero~. Hwida, or ~t wth other plate u tlt~ hoW~r m~y d~siy~+at~ in writi~g. said prindpsl to be paid N tl+t dat~ and tn the manne~ followinp: Monthl~p~~wnt• o! ;Z8.00 nar ~th to be~n Qeta~r S, 1968~ and s 1~ . If dtfwb b~ made ir+ ~r Lat~llm~nt ~nder this eaf~ ard if ~nr such d~fwh is no1 nnad~ Qood witNe 30 d~ys of the d~N of ~id d~f~uh, th~ u~tit~ w~rxipal sum and ~ouwd in»reit shall n onc. b.com. dw .nd parabl. wiN+ou~ norio~ ar ~h. oprion of th. ~wlda. of tha rwr.. F.ilw~ ro~x~rci~ this option ~haN not torotitvt~ ~ waiv~r of th~ ?lpht to ea~rcist th~ same in tM ~veM of w~y wbsequa?t defwff. In th~ ~wert of d~fwk in tM p+ym~nt oi fhcs eau ~nd ff Nr sMw is eolbu~d by an ~t~wn~y at I~w tM widNSqrrd Mr~by aprw to pir a!1 ooats of oollwlon inekrdieg a rwwn~bl~ anorney's fN. Said Sf. ludf COUnty Mnk blinp ~npnuly a~thOrii~d fp rNain ~ny 9en~ral or :p~c;al d~posit, ooll~nral, nal w p~noeaf ~curity w proc~ tMrwf, belwgug ro ~ither d us, wl+ethK m~iw, wcwity o~r ~~dorw. ~fOW Of IMfNftK in pos~es~ion of aid Sr. Lucie County ladc dw~np th~ tiem thb noe~ re- R+e~ra w+p~id ~nd b~for~ o? afw mNurHy apply san» to thb or aM+ d~bt or liability to aid 6M+k, dw a w b~oome dw to th~ hold~r of this no1~. , Pn~+mwet w+d protbt w~d notia ar~ Fw~by waMd ~?~aeEU p.0. doz 865,(~j.piar~ea.l1~. /s/ Marion L. Mackey ~ , ~ ~ ? roo. ~ ~ aoaK 173 P~ 3?3