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HomeMy WebLinkAbout0431~~ ~e ~ W TWtY the same, together with the tenements. hereditaments and appu-te- nartces (hereto belonging, and the rents, issues and projils Ihereoj, unto the mortgagee. to jee simple. the mortgagor cotenants with the mortgagee that the mortgagor Is indejeastbly seized of said land in jpe simple: that the mortgagor has good right and iau~jttl authority to convey said land a: ajoro- said: that the mortgagor u-ill make such further assurances to perfect the /ee simple title to :aid land to the mortgagee as may' reasonably be required; that the mortgagor hereby fully warrants the title to said land and will defend the same against the lawful claims of all persons whomsoever: and that said land is free and clear of all encumbrances r - ~~~~ ~unys, that ij said mortgagor shall pay unto said mortgagee the certain promis- sory note hereinafter substantially copied or identified, to-wit: FORT PIERCE, FIORID/1, Auguat 4 Iv 69 For vaWe rsaiwd, the undersigned premise(s) to pay to the order of the ST. LUCIE COUNTY BANK ~ w~cE, aowu~ th. principal w,m of Seventeen Thousand and No/100 Dollars is 17.000.00 ), with interest from date at the rs» of 7~ per Dent per anrxrm on tM unpid balance until pad. The sad prindpal and interest shall be payable at tM St. facie County Bank, Fort Piero, Fbrida, or at such other place u the holder may desipna» in writing, said prindpsl » be paid at the da» and in the mw~er fdbwirg: ing January S, 1970. Interest to be pal. ,y such defauh a not made good within 30 days of the da» of said defauh, tM enYre ~-able without notice at tM option of the holder of this note. Faikrre ro eaerase this e in the awns of ar-y subsequent defauh. Iri tM event of defauh in tM payment of .rsigned hereby agree ro pay all coats of eolleuion including • reasonable- attarrwy's fee. any general or special deposit, collateral, real a personal awrity or procesds thereof, r or hKeaftcr in possession of Mid Sf. Luue County bank during the time this tio» re- ~er debt or liability b said !lank, dw or ro become dw to the holder of this note. /s/ Clarence T. Gibson sE~t /s/ Marion L. Gibson sFu s