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~A Il~e same. t wit~ f tenemenb, hereditamenb and appurte-
nances fher+eto be~ongirtg. and t~e renta. issuNa arul prof
i4 tkereo~. unto ihe mortgagoe. in ~et aimp~e. 'j
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~ the mortgagor c~onenanb with f1~e mo~tgagee f1~af fl~e morfgngo? ta tndej~~6ty set~d o( said
~and in (ee aimp~e: fha! t~: morfgaeor has gooc~ rigf~t und ~aw~u~ auf~ority to conusy said ~and as a~ore-
mid: that Ihe nartgagor will mal~e sucb f
urther as~wances to perject tlu /ee simple title to said land in the
mwtgagee as ~nay reasotw~ly be required: that the mortgagor I~ere6y juUy wananta the lttle to aatd land
and will de~end fhe same against the lawju[ clnims o/ nll persons whomsoever: and that said land is Jree
and clear oj nlI encum6rances
~IV~s~ thnt if saicr mortgagor shaU pny unto aaid mortgugee t/~e certain promis-
sory noie hereinaJter su~istantiaUy copied or identijied. to-wit:
PAYMEIJTS INTEREST ~T PIERCE, FLORID/1, i~ 19 69
3 OAT[ AMOUNT YAI. OU[ DATC AMOYNT ~AID TO
for wlw reteived, th~ w~dKS~ynsd P~(~) m P+Y ro Me order of ~h. -
- ST. LUCIE COUNTY BANK
FORT PIERCE. RORIDA
,
th~ prindp~l sum of
TWO HL1~1I$8D $BVBNIY FIVQ TlDO.qAlID AND ~n~~"~«~
oo~l~rs
~ 275, 000.00 W~~ ft~ dats
j at the rat~ of per osnt pK arwwm on tlr unpsid batr+c~ unNl paid.
f T!w said principal and int~rst shall be piyabM d th~ St. tucie Coemty dank. Fort
I Pierct. Fiorids, a ~t suth ot}~er piatt as ti» hold~r en~y designsb in writinp, s~id
~ printips) to be psid ~t Nw da» and in th~ en~n~? followinp:
~ =SS~000.00 plus intersst due June 17, 1970 This note shall bear intarest oa
~ =SS~000.00 plus intsrest due JUne 17, 1971 ontstanding principal at a rat~ aqual to
sSS,000.00 plus intarest dus June 17, 1972 ths B~aic•s prims rate, as detsraio~d by
~
~ SSS,000.00 plus iatareat dus JUae 17, 1973 it. in eftect froo time to tiae.
:SS.000.00 plus intrarsat due June 17, 1974
_ If defwN b~ m~ds in any &utalkr»nt undK this nW~ ~nd if ~ny such d~fsuh u not maJ~ 9ood within 30 daya of tM d~b of said d~favh, Nw Mtin
principd svm ~nd acmxd Mt~nst sMll ~t onu b~cane dw u~d payable withovt notic~ at N~e option of th~ iwfd~r of this note. f~ilur~ to exercae this .
option dwll eq~ conatit~m a waiva d tM right to exercis~ tl+~ sartw in the event of a~y wb~eqwnt d~fault. In sh~ ewnt of d~fwh in tM paynrnt of
rh~s nott and lf th~ ame h oolbct~d by ae~ attornty at Iaw tFK undersipned hereby ayrK to p~y all costs of ooll~ction inclvdieg a n~aorwbb mornh/s fe~.
~ S+id Si. tuci~ County lank b~iap ~xprasly authorizad b?eqin ~ny ~enKal w ip~cid deposit, cdlat~ral, rNl a pNSOn~I awrity or procead~ tFwwf.
belagieg to ~ither of us, whetlw malur, acwity u endorsw, now w Fwrwha in posseuion of aaid St. luw County 6ank dwinp tM tim~ this na~ n-
~ maira unpaid ad btfor~ w~ftM maturitY +PP~Y sam~ to thb or od+N deM or liability to said 6u~k, dut w w b~car» dw b th~ MW~r of tl+ia rat~.
~ P..,«??„~.m .~,d p.w.,~ .~d ~a~c. tw.a? w.rwa. IIiDIAN ~IV! @OOD3~ II~1C.
~ p. O. Bcx 1749, Citq
A~~ gy t/s/ Palmer ltithill _
~ e--Ps-aaz~~ss~- ~ ~
~ No. SY?s/Joseph P.Strazzull~~~_,.~~ ~
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