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HomeMy WebLinkAbout1956 . ~ ~Ve W T1Y~ !{~e some, logeihe~ u?ifh fhe fenemenls, hereditamenb and appurte- nances there~o 6elonging, ond fhe renta, issues and pro~ita fhereo~, unto the niorfgagee, in Jee stmple. ~d the mo?tgagor covenants with tl~e mo~tgagee that the mortgagor is indeJ~~6ly se~:ed oJ said ~and in )ee aimp~e; that !he mortgagor haa good right and ~aw(u~ aulF~ority to conuey said [nnd as a~ore- sai~1; fhaf the mortgngor wi~~ make suc~ furfher assu~nnces to pe~fect t~e /ee simple titje to said Iand tn the mortgagee as may ?easonably be required; tl~at t~e mortgagor hereby /ully warrants the title to said Iand and will dejend the snme against tF~e Iaw/ul claims o/ n11 persons whornsoer~er: and tleat said land is /ree , and clear o( a!I encumbrances ~ . j~~~~~ ; ~~V~ 71~W~ys~ 1{~of i` soid mortgaflor shnl~ pay unlo said morigagee t~e certuin promis- ~ E sory nofe hereina~ler substantial~y copied or ic~enfi/ied, fo-wit: ~ w ~ 1 FORT PiERCE, fIORIDAi~ ~1~ 8 19 69 ; (t ~AYAAfN?S INTEREST F pATE AMOUNT BAI. DU[ OATf AMOUHT VAID TO ~ - for wlue receivsd, tM w~dsrsipna! promiw(s) to pay to the order of_the . ~ ST. LUCIE COUNTY BANK ~ PORT PIERCE. RORIDA *t~. prie~C;p.t wn, ot SIZ T~DBAUD 11I11~ H~ID AMD 11~/100 ~i.n . 6~ 9~~ ~ with int~rsst from ~t~ st tht rN~ of ~ per cent per annum on th~ unpaid balance until paid. The said principal ~nd intaest shall b~ p~y~bl~ st tFw St. lucie County Ba~k, fwt Pierce. Fbrids, w st wch other plsca u tlw hotdtr may d~siy+~+te in writi,g, said princip~l ro b~ paid ~t tFM date ~nd in th~ rrwnne? followirg: i96.00 par ~onlh to b~in J~I~ 20. 1969, aad a liks sta~ ~acti ioath tntsraltsr nntil pa lnll. pa~sot• to appll to intstwt lir~t, eal~nca to Otiocipal. ~r~~Ti~i o prspa~sot ~ jiww. If defauM b~ made i~ any inst~ltment under this note and ii a~r wch d~favlt is iwt made yood within 30 d~ys of ths dah of faid cMfauN, the entir~ princ:pal sum •nd ~cuued interest shall ~t once become dw •nd p~ysbtt wiMaut notic~ at t1w option of 1M holder of this not~. F~ilvre to ex~rcis~ this opfan shatl ~pt ca?stitute ~ waivtr of th~ ~iyM to eae?cisa tFx same in the evMt of ~ny tubsequc~f de~svlt. In the ~vent of d~fault in tht pryer~t of rh;s non ~nd if tM same is colleded by an anan~y at law tM underaiyned hasby ayre~ to pay sll cosa of collection incl~d~np a r~asonabl~ attan~y's he_ Said St. tuw Cow+ty a+e?~c beinp ~xpressly ~uthwiud ro retain any pener~l w sp~cwl d~posit, call~tK~1, r~al w perwnal ~ecurity a proc~eds tF~~of, belo.gi~p to either of w, whether maker, security a endwser, r10w O~ hMNftN t~f poueuion of wid St. luw Cou+~ry Mnk dwinp tM time tl,~s nw~ r~- ma~ns unpaid and befw~ o~ ~ha matv~ity spply isrt?~ to this or other debt or tiability to s~id 6ank, dw w to b~cae» dw b th~ hold~r of tl?u rwM. Prssentmtrtt and protq! and notiu u~ Fw~by w~iwd. ti0~ ~a =~i• ~3 Z~• st• ai~ /s/ C. R. Hof fineister r ADpRESS SEA1 ~ /s/ Dorothy Hoffineister ~~i~t ~ NO. SEAI li i' ~ f~ ~ i' ea~~ ~ P,~~:1g53 ' _