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~Q I~e same, fogel~vr witti fha te~ements, hs?eailam~nls and nppuNe-
nances fhento belonging, an~ Ihe r~nts. issues and pro(ifs fhe~eol. unto Ihe mo?fgagee. in ~N l~IRPIl.
~ the mo?fgagor covennnfs wUh fhe mo?fgagee that the ~nort9a9or is ir~dej.~ibly aetzed oJ :nid
land in jee stmple: that ths mo?tgagor has good ?tght and lau~Jul autl~o~tty Io conwp ,atd la?~d as a/oro-
saic~; f1~at i{~e w~ort~ago~ wtll make such Jurther assurances to pe~(ect tl~e (ee simp~t fit~ to satd ~and in th~
mortpagee as may reasonn6ly 6e required: Ihat 1he moNgagor hereby /ully wan~ants th~ title lo :otd l~d
and u~ill dejend Ihe sam~ against the law/ut claims o~ nl1 persona whomsoever: nnd ll~at said land L/r~e
and clear oJ all encumbrances
.
~V(~ ~s~ that i~ said mortgngor ahall pay unto sai~ mortgagee t~e ce?tain promis-
sory note hereinalter su6stnntially copied or ic~enli~ted, to-wit:
FoaT Pi~. Kortiati .Tune 12 ~v ~
PAYMENTS INTEREST
' UAT[ AMOYNT YAL. OY[ OATt AMOUNT rA1D TO
• _ Fa vdw reuiwd, tM undKSigned promis~(~) ~o P+y lo th~ order of the
i ST. LUCIE COUNTY BANK
Fo~ Pi~eeE, aowe~
~n. p.r~.i of
T6N THOUSAND AND NO/100 - - - - - - - - -
~dlar.
~ 10, 000.00 w;~, fr,,,, date
i
.r th. ..a of wr ant pK amw,~ w+ rt» w~p.id b.lmc. w~ti~ paw.
TI+~ ssk! pr'incip~l and imer~st sh~ll b~ payabl~ at the St. luc~ Ca?nty dadc, Fort
Piera. Florida, a a1 stKh ofh~r plate as tIM hold~r may d~siQrwt~ in writinp. Nid
I ptincipal to b~ paid at th~ dat~ and 3n th~ marot? foliowirg:
~ Nonthly pey~eata o! 5118.70 to begia J41y 15, 1969 and a like sum each
~ ~onth therealter until paid in full. Payc~ents to aQply to interest lfrst
f balance to principal. Privilege of prepa~aat is given.
If defwk be made in any instatlment undsr this no» ~nd if a~y wch d~Ewh is e~w m~ yood within 30 d+1n of th~ d+t~ of s+id d~f+uh, tM emir~
p.incip~l wm and ~cuued inter~st shall d ona becom~ dw ~nd payabb without notio~ at the optio~ of tM hold~r of this not~. F~ilur~ to ~a~ni~ this
~ ,
~ opr'an shalt not cartitute • w~iwr of t!K ripM to ~xercae the aaern in tM event of sny wbs~qwnt d~fauh. In th~ ~wM of defwh in th~ p~ymsnt of
~ rh~s ewN ard lf the ssm~ b oolbct~d by ~n monwy ~t Inw th~ tin~dsrsipmd h~r~by aprN ~o p~y all ooab of eolbetion Mdvdinp a nawrwbl~ morer~/s iw.
~ Said St. luw Covnh ~P~b avthorirwd to r~tain sny ~nrsl w sp~ci+l deposit, collat~nl, rNl or p~nooal wcvrity or procMds thM~of,
~ belonpirg ro sithar of w, whether rn~kar. ~acurity w e~?dorser, now a herNfter in pos~sision of ~aid St. luci~ CouMy dxik durinp tF» tirne this not~ re-
_ ma~ru unpaid u~d befa~ o~ ~fia mshxiry +pply s~ms to this o~ ot}~er dsbt or liability fo s~id ea~k. dw or to b~cant dw b th~ holdK of this rat~.
~
Prssentment ~nd prot~st ~nd notict ~r~ Fw~by waiwd.
, A~R~ss /s/ Maude Shaffner ~ i ~
~
~K~
~ /s/ Melvin S. Shaffner .
No. ~ v
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~ - ~ox178 ~~E 4~0
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