HomeMy WebLinkAbout2308 ~o ~~ue and to ~lold the same, each and every, togelhe~ with the attachmenb and appurtenance~.
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u~to the snic~ Mortgagee ~orever. ' ' ~ '
~ said Mortgagor rnvenants wilh said Mo?tgagee that satd Mortgagor wholly and solely owna
said g~«l~, chattels and pe?sonnl property, al! and singular. a6solutely: that the said Mor~gngor kw jull power
and lawju! ri9ht Io sel! and convey the same, a11 and singular, at aforesnid: lhat snic~ goods, chutte~a and
personul properfy, all and singular, are ~ree and clear o~ any and all adverse clairru, ltens and encum6nances:
nnd that said Mortgago~ he~6y jully warrnnts the tille and ownenhip oj said goods. chaltals and peraona~
properly, all and singular, and will def
end fhe same ngainst 1he claims oj alI persons whorr~soever.
~~(1~~ ~~(I~s~ that i) said Mortgagor shall pny unto the said Morlgagee the certnin promissory
note hereinajter substanlia~~y copied or ic~entijied, to-wil:
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FORT PIERCE, FtOA10A, - JuriE.' 18 iq~_
~ PAYAIE\7S il INTEREST
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~ OATE AMOUHT BAI. BUCpj OATE AMOUNT PAiO Tp
for value rsce~ved, th~ undcrsiyned promit~(s) to pay Io tn~ ord~r of 1M
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~ 1 " ' ST. LUC1E GOUNTY BANK
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' ~ FORT PIERCE. FLORIDA ~ L
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t~ prir~cipal awn of
, ~ FIFTY T:iOUSAND r~ND NO/I00 - - - - p,~~„~
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:i-- 50. 000. Ot~, w;,h ~„K.,, .~d„ July 1. 1969
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~ at tM r~t~ of-?~ _Mr ceot ptr ~nnum a~ tM unpaid baLr?u until psid.
i~ Tf» uid prindpsl ~nd inter~st sha21 b~ pay~bit the St. luci~ County Bank, Fort
~ ~ Pi~ru, F{orida, ot at svth otMr pl~u at t}w hold~r rtwy d~sianat~ Jn wrir.np, aeid
~ piu+~7pa1 to b~ paid at tM d~t~ and In tM manner foibw'u?p:
~12,500.00 on the lst day of July, 1970, plus interest, and $12,500.00
~ plus interest on the lst day of •each July thereafter until paid in full.
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If d~fau~t be mide in any instattm~nt undtr this not~ ~nd if ~ny such defautt ~s not mad~ pood wiihin 30 days of tn~ dat~ of sud d~f~ult, tna ent;r~
pr;;,c;pa! wm and ucrued ~ntsr~st ~hait at onc~ bec«n~ due and payabl~ w~thout not;u at th~ optioo of th~ hoSd~r of tn;s not~. Fa~lure fo ~:irc~u tn:s
o~t;an s.hal; rat conss;tut~ a w~iver of tF~t ri9ht to ~=~rciat the same ifl iM fVfflT of ~ny subseqwnt d~fauit, In tM ~vent of dtfauit in t~ p~~r..rr,t of
rr.:t not~ ~nd if th~ s~me is col:scted b~r an ~ttwn~y at I~w ~M unders+9ned her~by aprN to pay tll costs of coll~ct~on ir?ctud:np • n~sonabls acrorn~y'~ fn.
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Said St. L~c~~ Counry 8ank b~ir+y sapr~ssly •u~hori:ed to retain any y~nara! w ~pec;al d~posit, co;lat~ral, real a p~rson~t ~cur:ty a prc~~ds tF.er~of,
~e:on9:np ro •~~r,er of u~, wherher maier, securiry or sndorwr, now o~ Fur~after pous~s~w? of a~+d St. luci~ Co~nty B~++k durinp rl?~ t:~~ r+ot~ rs-
-..,ns ~npa;d and 'oetor~ or ~fr~r marwity apply sam~ to this or ot}~w debt or G•bl~ry ro.aid 6.nk, dw o. ro b.wnw dw a~M fwid.r biesi.~s no:•.
Prss~nrm~nt ~nd prot~it u~d notit~ u~ Mr~by w~iwd. . ~,`.~a' •
F,,~y~~~ P. O. Box 4412 ~ ~
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i Ft. Pierce, Fla. 33450
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w i.~ i - ~...a w. ~ r ~ f ' ! • '
~ and shall perform, corrip~y u~i1h and a6idp 6y eacb ond ri~ery the slipu~nlions, agreements, rnncrifioru and
=I cot~enanfs o~ said promistory nole and o~ t~is marfgade, Itie~ 1{~is murfga~e and f~e astoft ~srebr nratec~ s~a~~
ceasr. dplrrmine and bt nu~~ and ~~oid. ~
~ the anid A9ortpagor he~ehy (~uf{ier co~~enants and agrees:
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~ ~00~178 ~2306 !
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