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HomeMy WebLinkAbout1420 i~ I ~I ~o ~iaue and to ~old tF~e sume, each an~ every, tugethe~ wilh IJ~e aitnchmenls and appurtenancea, i unto Ihe suitl INorfgagee joreuer. - - ~nd said 1?lurtfla~or caaenants wi~h said Mortgagee !{~at said Mortgagor wholly nnd solely owns suid go«1s, cliateels ancl personul property, n11 and singular, a6solutely: tl?o~ rhe sa~d Mortgago~ hw jull power and lawJul rinht to sell and convey the same, all and singuln~, as a/oresaid; Ikat saic! goods, chntlels and 1 personal p~operty, nl! and singular, are /ree and clear o~ nny and all adverse clairru. Iiens n?~d encumbrances; and ~hn! said Flortgagor hereby (ully warrants the fitle nnd ownersl~ip oj said goods, cl~attQls an~ personal property, alI and singular, a~id wiU dejend tl~e same agairut the claiins oj aII persons who?r~soever. ~rouided ~lways~ lhat i( said Mortgagor shail pay unto the suid Mortgngee tJ?e ce~tain promissory note hereinaller substqntially copiec~ or ic~entijied, to-wit: i s a~rv ice ~T PIERCE, FtORiDI1. 1~^~+ - 7~ - ~9 ~ PAYMEN?S INTEREST F DATC AMOUNT BAL. DY[ DAT[ AMOUMT PAID TD Fa valve receiv~d, tM undersgned promw~(s) to pay to the order of the ; ST. LUCIE C~UNTY BANK FORT PIERCE, H.ORIDA th~ princ~p~l sum of --Fifteen thouaand nint ttiundred eighty five b c~~100-- cs15,985.Q0 W;~?? M~...t r.a„ maturity at ths rat~ of ~ per cent pa ~nnum on the onpaid balance unH) paid. The saW principal and interest shall bs psy+ble at tM St. lvw County Banlc, Fwt Pierce. Florida, w ~t such othar placc as tF» holder m+y desiyeate in writinp, wid princips! to b~ psid at the date ~nd in the mamer folbwlnp: ~32 .1~3 dus on tn¢ 21 st day of llac 1969 or_d th~ 1 ike aauou~t o~t ~532 • lt3 du~ on the 21 s~ ~~sh ~ve~r succeedinII ruoat~ thsreafter unti~ th4 ant3s~e uc~id b~lsnee t~s been .N, r ight ~o ~sake tvo or more p~prs?a?t s on ~rpr due date . TH7~7 !7~llfi L6~~i1Y4 ~~V ~~pi~,er Pa~,~e ~irplana) - If defa~h be made in sny instsltment ~ndcr this nots ~nd if ~ny such defauh is not mscle good within 30 days of the dat~ of s~id d~fault, the entir~ princ:pa! wm and accrued imerest shall at once become due +~d pay~ble without notice at the optio~ of ths holder of this note. Failwe to ezercis~ this opian s}?sll not constitute • waiva of the r:ght to exercise the ssme in the event of u~y subsequent def~uk. In tM svent of default in the p~yment of th~s nae ~nd if the same is collected by sn attorney ~t law the undersiyned hereby ay?e~ to pay all costs of coflection inclvdinp a resso~ubl~ attorn~s he. Ssid St. Lucie County daeR beinp exprculy authorized to retain any gener+l w special deposit, oollateral, re+t or pena+al security o~ proteeds theroof. ti belonging to either of us, whether maker, security or endorser, now w hereaher in Foucssion of said St. lucie County Bank durirg tl~ time this rate re- mains unp~id snd before w aftar malurity apply same to tF~is or other debt or liability to ssid Bank, dve w to b~tome dus ro tls~ hoider of this not~. ~ Presentment ~nd protat and notice ua Mreby w~iwd. 0. ~ 9~ Saith a ste Air a t.iale s~ Serv iee ' A~DRESS F 1 NO. ~ ~ Pre s. and sha[1 perfor~n, comply u~itl~ antl abide 6y each and every tlie slipulations, agreementa, contlitions anc~ covenants of snid promissory note ancl o~ thia mortgage, then t{~is mo?tgage and the estnte hereby created shall cease, determine and 6e null nnc~ void. 1Uld ttie said Mwtgagor /~e~e~iy )urfher couenants and agrees: eooK~.$1 ~cc~4~0 , _ - ~ - . ~ ~