HomeMy WebLinkAbout0486 ,.r f.~ ~
~0 ~hs ~s~. topvlh~i wif fti~ t~nemenli. hNeaitam~nli cnd a~?purl~-
nunces tl~ereto belonging. cnc~ fhe ?ents. tssuei oncl pro~ih fkKeo~. unto I~e ntoNgage~, t~ jee iimp~t.
~ fhe niortgugor covenanls wtth the mortgagee that tl~e mwlgagor i= tndt~tastbly sNstd o~ rald
~an~ in ~ee stmple: t~a! mwtgagor has good rigl~t and ~au~~u~ aultiorily to eon~ sald ~und as n~on-
sal~; that tl~e mo?tgagor will malee suck /urtRer as~wancea to perfect Il~e ~ee st~np~ tit~ to aaid ~and tn f~~
mortpages a: moy reoaonu6ly bo ?equi~ed: tl~at th~ mortgagor kere6y juUy warr+anla th~ titb to aaid land
and wtll de%ncI fl~e same agninst f~e Iaw/ut cbim~ o~ ull pi?nons wl~omsovver: and tkat said Iand Ia jr+~
and clear oJ all e~cumbr~ances
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~ ~s~ t~at if snid morlgagor shall par unto sa~ morlgogee l~ie eertain protnls-
sory note hereinalter au6stnntiullq copted or identf~tecl. to-wit:
PAYJNENTS INTEREST ~T PIERCE, KORID/?, ~rCb iZ 19 69
OAT[ AMOYNT ~AL. OU[ OAT[ AMOUNT PAIO TO -
for vdue naiwd, tM w~dKaipnd Promit~(+) b pay fo NN ordK of th~
ST. LUCIE COUNTY BANK
FORT PIHtCE, RORIDA
th~ prkrcipd wm of
ONB HUN~BD ?NOU3AlID A1fD lq/100 - - - -
oo~lars
~100, 000.00 ~ w~ h~ date
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,r ,h. of p~. oent p.. .mwn o~ ,h. wy»d b.larKe unru p~ia.
; TM sad princip~l and inter~st shsll b~ payabl~ ~t th~ St. luw Camry danl~, fat
~ - Pisres. Florida, or ~t wd~ other piace as th~ hoidK may desip~wt~ in writinp, s~id
~ prNrcipal to b~ psid at th~ dat~ ud in Me msmer followinp:
=1,161.10 psr coosecutive month beginuia~ August l, 1969.
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Intsrsat to be applied first and balance to principal.
If defwh be made in any iintalimtm under this not~ ~nd if ~ny wd~ d~fwh is not rnad~ pood within 30 d~ys of tM d~h of wid d~fauk. Mw ~min
principal wm ~nd acauc~d int~rat sh~li at o~oe beaon~e due and payaW~ withovt ratioe at tFie optioe of tlK holda of this not~. failure ro ucerci~ tid~
opfan ~luH not wmtihns ~ waiwr af tM ripht to euu~u~ the sarne in th~ ~rsnt of amr wbsequent drf~uh. In tFr wem of d~f~uh in th~ p~ym~nt of
thts ra» and if th~ s~rr~s b aolbctd by an attornry at I~w th~ vndersgned hereby apne a pay ~II costs of oollwion 4Kludinp a nason~bb Ntornr~s f~e.
Said St. Luci~ Carnry lank b~inp txpnssly suthoriud W rrtain any ~al or sp~eial d~ppit, ooll~ter+4 ?Nl w pwtoeul s~cwify or ptoa~ tlwnof.
belongirg ro~ither of us, wheth~r m~kN, security or endonar, now w heraher in poaeuion of s~id St. lud~ Counry dank durinp tM tien~ this na~ re-
~ ma~rn unpaid and b~fon o~ ah~r m~twity apply suM ro this or oth~r debt or_ li~bility w ssM BrJc, dw a to b~oa~~ dw w th~ holdK of this nw~.
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PraeetmN+1 ~nd prol~st M+d notk~ ar~ lwr~by w~iwd.
~ P. 0. Box 985,Port Pierce,Florida
{ A~R~ss /s/ Kenneth L. Phil l ips
s~?t
/s/ Marjorie A. Phillips ~
SEAI
5150.00 State Doc. Stamps attached to original note
~ ~'~6 ~ 485
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