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HomeMy WebLinkAbout2652 , ~ L o I~ - ~ . ~ - t. • ~ MORT(3AGE NOTE , - ~246t180.00 ~ September 1968 FOR VALUE RECEYVED, J~mes A, Devlin, oP west Mountain ~ Road, Ridgetield, Connecticut, and Edxard B. McLaughlin, of 3 Sunset Road, Easton, Connecticut, as Trustees, ~ointly and . aeverally, promiae to pay to J.-B. BrcKer, Jr., Yiola 8. Brexer, alao krioNn as Viola H. BreMer.~his xife, as to an undivided one- half interest, and Florence H. McClure, as to an undivided one- half interest, oP the County of St. Lucie, Florida, or order, at the offices of Willes, Bittan & ariflin, 201 South Second Street, . . . Fort Pierce; Florida, or at such other ~lace as may be designated in xriting by the holder of this Note, the principal sum of ~246,180.00 laKful money of the United States, Kith interest thereon at the rate oP 6-1/2x oer annum from the date hereof ~ in installments as Pollows: Interest at the rate of 6-1/2x per annum payable annually.in advance on the unpaid principal balance ~ oP this Note, olus the principal of this Note payable in ten i ~ equal annual in~tallments, each annual installment of principal ~ ~ to be in the sum of $24,618.00 and the Pirst such annual install- ~ ment of principal to be paid Seotember 26, 1978, to wit, ten year from the date hereof. This Note is secured by a purchase monep first mortqage made by the makers to the oavees of even date here•~rith on oropert . aituate in the Countv of St. Lucie, State of Florida. IT I3 HEREBY EXPRESSLY AGFEED that said security shall be the sole recourse oP the holder of this Note with respect to the indebtedn ss reoresented by the nrincioal and interest installment oayments Mhich become due ten qears from the date hereof and thereafter, it being the intent hereof that the t~akera ahall be personally _ . . aooK 17'~ . _ _ n _v r_-,n ~ ~..~K4 ~ ~ ~rt~;~_ .