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HomeMy WebLinkAbout295130 ~iaue and to Mold the some, together with the tenements, heredifamenis and appur~e- nances Iherelo belonging, and the rents, issues and projtls thereof, unto the mortgagee, in jee simple. n1~d the mortgagor covenants with the mortgagee that the mortgagor is tndejeasibly seized of said land in fee simple; that the mortgagor has good right and latuful authority fo convey snicl land as afore- said; lhnt the mortgagor will make such further assurances fo perfect the jee simple title to said land in the mortgagee as may reasonably 6e required; that the mortgagor hereby fully warrants the tiffs 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 . ~rouided always, that ij said. mortgagor shall pay unto said mortgagee the certain promis- sory note hereint-jter substantially copied or tdentijied, fo-wit: i.. FORT PIERCE. f10RIDl-, S~pttfab~r _^l~_~y69 f'or vaiw received, tM undarsigrrad promise(s) to pay to the order of the 5T. LUCIE COUNTY BANK ~ P~r~eeE, ao~uuw th. prindpcl sum of FivQ Tfioussnd Dollars and No/100 •--•--- Ifnllars n S~OODe00 ~, with inter.et tram dttt~ at the rate of '~ per Dent per annum on the unpaid balance vntt) paid TM said principal and interest shall be payable at tin St. Lucie County Bank, Fort Piero. Florida, or at such otMr place as the holder may designaM in w-itirg, ssid principal to be paid at tM date and in tM roamer following: yagin on Octobtr 20, 1969 and s lilc~ sw Paytaants to apply to interest first and ge>! o~ pr~paytaftnt is given. ny such defauh is rat made good within 30 days of the date of said default, tM•entire eyable without notice at the option of tM hoWer of this rafe. failure to exercise this • in tM event of any wbscquent defauh. In tin event of defavh in the payment of ersipnad hereby agree to pay all cores of eoilection including a reasonable attareq/s fee. any general a special deposit, collateral, rsal or personal scarify or proceeds thereof. r a hereafter in possession of veld St. lode County Bank during the time this note re- wr dsbt or liability to said Bank, dw or to become dw to tlrc holder of this ran. /s/ John T. Orponnell .~ /s/ Lydia M. Orponnoll sE~l BOOK179 PA~E2949 r _,