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HomeMy WebLinkAbout1953 i ~Q ~(le ~ t~ the same, each and every. ~~e~he~ wt~h ih. a~~achn+ena w~d opa++e~e??anc.s~ . w?eo ~he soid Mo~tgoe~ /orever. ~ • ~ ~nd said Mortgagor covenants with said Mortgagee that said Mortgogor wholly and solely owns said go«ls, chattels and personnl properly, nll and singular, absolulely: ~hae the sa~d Mare9~or k~ ju~l potuer and law~u! rigl~t to sell and convey !he sume, al! and singular, a+ ojoresnid; Ilwt aaid goods. clwttel.+ nnd ~ ! personal properly, all and aingular, are jree nnd dear o~ any and a1l advene claims. Itens and e~cum6r+ances: and ll~at said Mortgngor her+e6y /ully u~arranls the title and ou~neraAip o( snid goods. c1wltQ1+ on~ Person°~ properiy, all and singulnr, and will deJend ~hs s~e agai~st the clairru oj alI persons whomsoeuer. ~ ~rQV~d~ ~LIV~S~ t{~af if snid Mortgagor sha~~ pay unto ti~e aaid Mortgngee t{~e certain promissory nofe hereina~ter substantin~~y copied or identi~ied, to-wit: ~ FORT PIERCE, FLORIDA, `~l~ a 19 ~ PAYINENTS INTEREST DAT[ AMOUNT BAI. OU[ DATE 4MOYNT VAID TO ~ _ Fa value receiv~d. the undersigned promis~(t) ro p+y to the adsr of the ~ ST. LUCIE COUNTY BANK 3 FORT PIERCE. RORIDA ~ - th~ prirxip+l sum of nt ZUDOSAMD 11I118 ~~D ~n ~0/100 ~ ~ p~~an 51~~~~ with iMerest irom at the r~» of ~ per cent ptr annwn on th~ vnpaid bst~nte vntil p+id• The said princip~l snd interast shall b~ pay~ble N tl» St. lucit County banii, fort Pieres. Fbrida, or ~t ~uch other place as the Fwld~r m~y de~gnab in writinp, wid principsl to b~ p~id at tM date ~od in the msnne? followirq: ~I~ ~ 3f~.00,_p~r ~owtA to ~i~ J~ly Zo. 1969. as~ a iik~ s*a ~ac~ ~wth tasswtt~s ~eti1 _ ~ pti~ i~ t'~11. ~~q~+~sat• to appl~ te i~t~swt fisst, rala~c~ t+e peiweiPal. ~ privil~s oi pr~p~wot is ~iw~. l If def~uM be rnade in any irutsllmeot und~r this note and if ~ny such d~fault is nol made ~ood withi~ ~0 daya of the d~M of said d~f~ult, tM ~ntit~ prinupal sum and ~cuvcd intaest shall ~t ooce become c:e ~nd payabl~ wiNaut notic~ ~t tM option of the holder of this not~. Failwe to exucis~ this optan thall not cautitute + wsiver of t!x ripht to exercis~ the iame in tM ~vent of any subseqwnt d~(~ult_ In tM ~vent of def~vlt in th~ paymtnt of rA;i nott ~nd if the s+ms is coltected by a~ a»orney ~t I~w th~ ~nders~ned her~by ay~a+ to p~y all.cosh of coll~ctan includ'ap a re~wnable attwnt~/s f~e. Said St. lucie County sank beinp ~xpiessly authorized to ret~in any 9enerd w specisl depotit, collatenl, real a pNwnd ~ecwity or proce~d~ th~r belwiginq to either of us, wfiether ma'ter, secvrity or endorser, now or 1?N~+her ie~ pwseuan of said St. tucie County B+nk durirg th~ timt th~~ not~ ~ ma~ns unpaid and be(or~ w•he~ mawriry apply sam~ ro this or otMr debt or li~bility ro s~id Bank, dw w ro b~oome due b tM hoW~r of this ra». Vr~s~ntment ~nd protest and notit~ u~ lw~bY waiv~d. i~~ R=v~ i~+• 303 w0lt? 2od. 3t. BYt /s/ C. R. Hoffineister ' ADORESS /s/ Dorothy Hoffineister ~~iBMt ~ Secretary and :halt ~.Jorm. rnmply mitl~ and a6ide by enc?~ and every the stipubtioru, agreementr, conditions and covenants o~ said promissory note nnd o~ this mortgage, f{~en thu mort9age and tke estote hereby crented ska~l cea~e, defermine and 6~ nu~~ and void. ~ the said 1~lwtgagor here6y jurther covenants and agrees: 6~K+~~ ~ ~ ~ ~ . _ . _t~~