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~0 ~IAVe ~ W T1Y~ i{~e same, together wilh ths tenemenfs, he?ec~ifamenls und appurte-
nnni-es f~ereto be~onfling, an~ ftie renls. iuues anc~ profils fhereo(, unto the mwfgogee, tn ~ee stmp~e.
~ fhe mortgngo~ covenants u~ilh the mortgagee that tl~e mo~tgagor is indejensibly setsed oj said
land in Jee simple; t{~a! !he mo?tgagor I~as good rigRt and lau~jul authority to rnnvey :aid land as a(oro-
saic~; t6at the mortflagor u~I~~ make suc~ (url~er assurance= lo perlec! fl~e jae stmple till~ to said Innd in f1~e
mort~a~ee as may reasonu6ly 6o requi?ed; that the mortga9o~ here6y jully wormnts tht ttlle to said land
and u~ill de(Pnd the same against t1~e lnwf u~ claims o~ all peno?u whomsoeve~; and that anid land is f
ree ~
and clear of all enct~mbronces _
~~V~~ ~~ys~ that i~ said morlgagor shall pay unfo said mortgagee the certain promis-
sory nole hereinalter su6stantia~~y copied or identi~ied, to-wit:
FORT PIERGE, FLORID/1, ~blllB~I 17 1970
PAYMENTS INTEREST
DATC AMOYNT ~AL. OUt DATE ANOYNT ~AID TO ~
Fa valw r~qiwd. tM undK~gn~d promiw(s) 1o p~Y to th~ o~d~r of tM
' ~ ST. LUCIE COUNTY BANK
~ FORT PIERCE, RORIDA
th~ principd swn of
Thrse Thouaand and No/100 - - - - - - - oou.~,
~ 3~ 000.00 t with iro~«t from date
~ st tlw r~t~ of
a ~ am p~? ~nwm on th~ w~p~id balwro~ w~til p+id.
TM said prirKip+l and int~nst ~11 b~ payabb at th~ St. luci~ Cow+ty S+nk. foA
Piua. Fbrid~. a? at wcfi ofhK plau q tFr hold~r may daipn~h in wrhinp. Mid
principal to b~ paid d tf» dat~ ~nd in tM nurun~ followup:
537.00 per moath to begin March 15, 1970 a~d a like eu~ each ~oath
thereaFter until paid in full. Intereat to be crsdited first, balaaca
to principal. Prfvilege of prepayment ia given.
If d~fsvh b~ mad~ in u~y inatallm~i+t ue~r this rat~ ~nd if ~ny wd~ d~favh is not m+d~ yood withi~ ~0 d+Y+ of tFw dd~ of ~+id d~fauh, th~ ~min
prineip~l swn and aeerued int~nst ~halt at onc~ bscoerw dw u~d p~y~bb withovl notia at th~ option of tM holdK of thia no~. hilw~ to ~x~reb~ 1Ns
optan sh+ll not cautitvq ~ w~iver of th~ ripht to ~x~rwe tlw sarrw in tM ~v~nt of uiy wbwqwnt ~fwh. In tht ~wnt of d~fauh h tM paymM+t of
rhis rwt~ ~nd ff t!~ suM b cdl~a~d by an att«r»r ~t I~wr tFr undersipn~d husby apr» to p~y ail oosts of oolf~ction includ~np a naaon~bb Ntornr~/s iM.
Said St. Lucie County dank b~ipp ~xpr~ssly authaisad to ntain any 9erwd or sp~ciat dpwit, ooll~taal, nal a p~nond ~eaxity a proc~ tlnrwf,
b~laginp to eithe~ of us, wMtiwr maker, sacurity or se+do~a~r, raw w Fwrwfter in poues~a+ of said St. Luci~ Countl? d+nk duri~q th~ tirn~ this nW~ n-
matm u~paid and i»fw~ a~fi~r m~twiry appy ~am~ to thh or at}ia deM or liability to wW lank, dw a ro b~oon» du~ to th~ ho1dK of thts noh.
PnMnlmsM ud {xotat and noRia u~ Fwr~by w~iv~d.
~ADDRESS 302 S. 33rd. St. /s/ Fred A. Watts
~ /s/ Fannie Lee Watts ~
~ ~
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