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HomeMy WebLinkAbout0921 • 7 ~o ~iaue and to ~iotd Ihe same, togel~ier u~it~~ the fenem~nfs, h~e~'~pmenb ~an~ja{~u?le- t i ~ nances IIIP/PIO ~~e~on~int~, ant~ fhe mnfs, issties antr pro~ifs IhPreoj, unlu I~~e morlgagee in ~ee simprP~ ~ ~nd tl~P morfqayor covenants u~elh !he marlgagPe ~h~~ ihQ mortgagor is indeJea:t6ly seizet~ of snid ~ ~an~~ in fee simp~e: Ih~t the morlgagor has gooc~ ~ight an~ ~au~~ul aufhorily fo convey said land ns a~ore- , snid: Ihat fhe mort~ago~ u~ill make such Jurther nssurances to per~pCl ~h@ fee simple title to said land in the I morlf~aftee ns mny reasona6ly 6e requiretr; t{?af t~e morfgagor hern~y ju~~y warrants the tif~e fo suid land ~ a~id u~ill dejend the same against the lawf ul cluims o~ nll persons u~homsoet~er; and thal said lnnd ts ~ree and clear o~ al~ encumbrances ~ ~ f ~ t 1 ~ ~ ( I I . ~rou~ded ~lways, ttiat iJ saic~ morfgagor sha~~ pay unto said morfgagee ttie certain promis- ~ sory nofe hereinaJfer substantia~~y copie~ or iclenti~ied, to-u~if : ( PAYMENTS INTEREST ~T P~ERCE, FlOR10/1, Nov~bsr 26 19 69 ~ F OAT[ AMOYNT YAI. OU[ DATC AMOUNT ~AID TO Fa v~lw reuiwd, tM unden~yned promi~e(~) ro p~y to tM ordN of tM ~ ? ST. LUCIE COUNTY BANK fORT PIERCE, FLORtDA ,h. p.fnap.~ .wn of 1'hrea Thowand Dollara and Po/100 ' 3,000.00 d~te ~ with int~rNt froen , I I at tht r~q of 8 unt p~r ~murn on tF» unpaid balanq unNl p~id. Th~ said princ;p~l aad intKat sh~ll b~ p~y~bl~ ~t tM St. luci~ County 6~nk, Fwt Pi~ru, Florida, or at such ot}rr plac~ p tM hoW~r may d~siynat~ in writinp, s~W principal to t» paid ~t th~ dat~ N+d ie tM manner followinp: { PaYments at .~73.2~ per month beginning Deceabat 15~ 1969. Payments ta apply First to intereat and balance to pritscipal. i ~ If defsult be made in ~ny inst~liment under this note ~nd if ~ny such default is rat m~de qood within 30 days of th~ da» of said d~favh, tM ~ntin principal s~m and acvued inter~st sh~ll at once become due ~nd payabl~ withovt notiu ft th~ opYan of tM hold~ of this rate. F~ilw~ to ~x~rciw thp j ° option slwll not constitute a wsivtr of the ri~ht so ~xerciu the same in tM event of ~ny iubsequent def~ult. In tM wa+t of d~f~uh in tFw p~ym~nt of ? this not~ ae+d if th~ sarrN is edled~d ~ ~ by an attwn~y at Iaw tF» vndersiprnd her~by ayres to p~y all cosb of coll~ctan includinp a na~onabl~ a»on+h/a fN. j• ; ~ Said St. Luti~ Coun bank bei ; { fy np ~xpressly authoriz~d fo ~etsin ~ny ptntra) ot spstial d~posit, collata~l, rs~l or perwn~l s~curify a p~oce~d~ thsrsof, ~ ~ belongirg to tither of ua, whether maker, security w endorstr, now or htnafier in poueuion of s~id St. Luci~ County 6ank durirq th~ timt this nob re- msins unpaid ~nd befw~ or ~her maturity apply sarn~ to thi~ or otMr d~bt or li~bility to said Bank, dw a to b~can~ dw ro th~ hold~r of tha no~. ; 9 ~ Pre~entment and p~otKt and ~otlu ~n h~r~by waiwd. ~ ~ AD~RESS 200~ North SOth Street /bennis Schrade SEAL ~3 ~ No- Fert Pierce, glorida33450 /Dorothy C. Schrade ~ ~ ~ ~ .....e . - ~ ;i ~ ~ ~ ~ . ~ a R 1~1 ~?~E.szo b00K ~ ~ _ ~ - 2_ . ~ _ .