HomeMy WebLinkAbout0003 i
~o ~aue and to ~lold !tie sgme, togefher wifh~ 41~e tenemenls. hereditomenls and appurfe-
nance3 Il~erefo 6elo~~gin~, onc~ f1~e ?enfs, issu~s proJils fher~. unto ttis mortgagee, 1~ Jee aimple. ~
I~e mortgago~ covenanfs with Il~p mort9agee tti41 !he mo?igagor is i~dejewt6ly seisec~ o~ said
lan~l in 'PP simple; ~f~at the mo?Igagor has good ~ight and lau~Jul autl~o~ity to rnnvey anid la~d as a(ore-
saic~; ~hae ~he morlflagor u?iII ma~e such ~urll~er assurances to pe?fec! t1~e Jee simple title fo said land in fhe
mort~agee as may ?easonnbly 6e requi?ed; tT~at the mortgugor here6y jully wn?runts !he title to anid land
and u?ill deJend the same against the Inwjul claims oj nll persons whomsoever; and ti~at satd Iand ts /?ae
and cleor o( oll encum6rances
?
. ~
~~V(~ ]uw~s~ Ihat i( said mortgagor shal~ pay unto aaid mo?tgagee the certain promis-
sory note /~ereina~fer su6stantially copiec~ or ic~enti~ied. to-wit:
~ PAYMENTS INTEREST FORT PIERCE, FIORIDA, ~f 1 Z4 19
~ OATC AMOUNT BAt. DU[ OATE AMOUNT VAID TO
For wlue receivad, tM undengned pranis~(s) ro p~y to tM order of the
a ST. LU~IE CQUNTY BANK
FORT PIERCE. FLCRIDA
rh. princip.~ wm of
SSVBNT66A1 TEiOUSAND AND P10/100 - - - - - ~a.•
l~ , 000. w;th interest from dgt!
I
E
~ • at ths raro of ~ per cent per annum on ~he unpaid balance unNl paid•
~ The said principsl and interest sha{I bs pay+bte at the St. lucie Camty Bank, Fort
( Pierce. Fbrida, w ~t wch other plxe u the Falder msy desgn+ts in w?itirg, said
~ principal to be psid ~t the date and in th~ m+nner followinp:
d
s2,850.00, plu8 intereat per year De~inninQ~llly 1. 1970
I
1
If defauk be made in any inst+llment under this note and if sny such default is not made yood within 30 d~yt of the dat~ of said d~fault, the entir~
prindpal wm and ~caued intaest shsll at once becarn due and p~ysble without notice st tM option of the holder of this note. failws to ezercis~ tha
option shall not const~tute s waiver of the riyht to exercise the same in the event of sny wbsequee+t deisvlt. In th~ event of d~f~~h in t!w paym~nt of
th~s rate and if th~ s~me is colkcred by an ~attwney ~t lew the undeniyned hereby aprce to pay all coan of collectan incl~dirg a rsasonable attorneys f~e.
Said St. lucie Counry 6ank beinp expreuly authorized to retain any yenerel or speci+l deposit, collateral, red or personal secvrity w proceeds therwf,
belonging to either of us, whethe? m~ker, security w endorser, ~lOw Of F~lfNfiN in posseuion of aid St. lucie Counry Bank durinp tM time this not~ re-
m~ins unpsid a~d befor~ or afta maturiry apply sam~ to this or other debt or 6~bility w said Bank, due w to becan~ dw ro tM holde? of tha noM.
Prexntment ~nd protest and notice us hertby w~ived.
~RE~ 701 ParkWay, :rt. Pierce. Florida /s/ Marvin B. Melton r~,
t '
s~ ~
i rio.
~
i
aooK177 3
~ r., _ _ _
~ ~ K~~ ~ ~ ~