HomeMy WebLinkAbout2053 ~AL1e ths same, togelher wtth the tenementa, he?edilanenta and appwte-
?iances f~ereto 6elon~infl, an~ fhe renfs, issues and pro(ifs fl~preof, unfo I~ie mortgagee, in fee :imp~e.
tf~p morlgagor rnvenants wilh the mortga9ee that t6e mortga9or is inde(eaai6ly seized oj scid
lanc[ in /ee simple; Ihnt tl~e morfgagor has good righi and Iau~Jul nuthority to conuep said land as ajora-
said: that the mortflagor u~ill make such (urthe~ assurances to per/ec! !he fee stmple fille to sai~I ~ancl in the
morfgagee as may reasonab~v (~e requirec~: I~a! the morfgago~ here6y ~u~~y wa?rants I~e title fo saic~ ~nnd
and u~ill dejPnd lhe same against fhe law~u~ clai?ns oj nl~ penons whomsoever; ond Il~at ~a~d Ia?~d t: ~?ee
and cleur oJ all encum6rances
~~V~~ ~IIW~ys~ ttiat if said mortgngor shall pay unlo said moNgagee the certain promis-
sory note hereinnjter substantially copiec~ or identi`ied, to-u~it: .
~ FORT PIERCE, FIORID/1, ~Y 19 19 7~
~ PAYMENTS INTEREST
a
OAT( AMOYNT sAL. DU[ DATt AMOYNT rAlO TO
Fw ~,tw ..c.iwd. rh. unders~pned promisKs) ro p.y to th. «d.. of rh.
, ST. LUClE COUNTY BANK
FORT PIERCE. RORIDA
th~ principd sum of
Thirty-Fiv~ 'Ihousand and ll0/100 - - - ~i„~
p 35,000.00 a, w;~h ~«f n~,~ date
~I
` at th~ r~t~ of
8 ~ ant p~r ~mwn on tM wy~id b~lu~oe until p~id.
~ Th~ s~id princip~l ~nd intaat shall b~ p~yabb ~t tfN St. luw County budt, Fvrt
Pi~ra, Flotid~, w ~t such od+ar pl~u u th~ hold~r m~y daipnat~ in writinp, uid
printipal M b~ paid ~t tM dat~ ~nd in tFw maew+~r foilowtnp:
s7,000.00 plua iatsraat dus ~lay 19, 1971
=7~000.00 plue interaat due May 19, 1972
57,000.00 plus intarest dui !!ay 19, 1973
, . plus tsrest dua !!ay 19, 1974
If defwh b~ mads in u+y installmem under this not~ ~nd if any wch defauh i~ not m~d~ pood within 30 d~ys of tM d~t~ of s~id d~favlt, tM anYv~
principal svm u+d ~a?ued intaryt sh~if at ax~ becan~ due ~~d pay~bl~ without notia at tFw option of tM holdM of this n~~. failw~ fo uc~rciw tHs
option shail not const~tw~ a wsiver of tM ripM to ~xaciH tht same in tM event of ~~ryr wbs~qu~nt d~fwH. In N» ~wnt of d~fwh in the p~ym~nt of
th~s note ~nd if tFw wrr» is collrcted by ~n ~ttorn~y at bw tl» undertiprac! Mreby ~pra to p~y ail oosb of colbction inci~dinp ~ nasonabb morr~s f~e.
S~W St. Luci~ Co~w~ty dank beirg expressly autF~oriud b ret~in ~ny ~eeNral or special d~posit, ooil~»r~l, rNl a p~rsoad Mcurity w proca~d~ th~rwf,
bslonpinp to eiths~ of us, wMtl+e~ maks?, security or endorser, now w her~aher in poaession of wW St. luci~ Covnty 6ank dwirp tM tim~ tl+is na~ n-
mrba unp~id u+d btfor~ o? ahu m~twity apply sx~ to this ot ot}~a d~M or liability ro said da~k, dw or ro b~oom~ dw to th~ hold~r o4 thb
Pntenfre»nt u+d ptot~sf a~d notic~ ~r~ ha~by waivrd. •
~RFss 809 3. BtQ. 3t. Ft. Pieres /s/ Paul K. Niggs
sEwt
~ /s/ Sdna S. Higgs ~
~ ~
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