HomeMy WebLinkAbout2489 }
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f1J1Ve ~ t0 !he aame, togetl~e~ wilh !he tenemenls, keredilnments and appurte- ~
nances fi~erefo 6eloi~flin~, an~ Itie rrnts, issues and pro~ifs Itiereof, unto i{~e mortgagee. ta ~e~ timp~e. ~
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~ thp mo?tgagor cot~enunls wifh the morlgagae tl~a! tf~e mo?lgago~ Is ~ndej~,~bly seized a) said !
lan~l in /pe simple: tl~at the mortgagor hns good rigl~t and lau~(ul authority to rnnvey :atd la?~d os a/ore-
saic~: t~at t1~e morfflago~ u~i~~ molre suc~ ~url~er nssurances fo pPr~ecl fl~e Jee simple Itlle fo ~aid Iand In the
mortgagee as may reasona6ly 6e required; lhat the mo~tgagor hereby ju11y wa?ra??ta tk~ title to snid Iand ~
a~~d u~ill dejend ti~e same against the lawf
ul claims o~ all penona wf~omsoe~•er; and that sa~d ~and ~a /ree i
and cleur o/ all encum6rances s
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~~V~~ 7UW~ys~ ff~at i( said mortgagor sl~nll pay unto said mortgagee the certnin promis-
sory note hereinaf fer su6stantia~~y copied or identt~ied, to-wit: _ ~
PAYMENTS INTEREST ~T PIERCE, FLORIDA, 26 19 70
DATE AMOUNT BAL. OY[ OATE AMOUNT PAID TO
- For value received, ihe undsnigned promise(t) to pay to tha order of the
ST. LUCIE COUNTY BANK
FORT PIERCE, FIORIDA
the principd sum of
Fiva Thonsand BigQt gundrad Dollar~ ud No/1~Q„~
(Z with interest from ~L!
at ttx rate of 8 per oent per annum on the unpaid balu+ce until paid.
Tlx said principal snd interest shall be payable at tM St. lucie County Bank, Fort
~ Pierce. Florida, a ~t such other place u the holder may des'gnste in writing, ssid
~ principal to be psid at the date aod in the manner followinp:
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a ~70.37 n~r menth pE~~~~ July~~ 19~0 vith a lilca st~n eaCh ~otttti
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~ th~weaft~r m i 1 ~Aid in ~Lll P~av~nt tn ~n~y ~irst LO intareat~ balan~•
~ to rine nal. Pcivile¢4 oP ueapaymant i~ givan.
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~ If defavlt be made in sny i~stallment under this note and if sny wch defeult is not msde good within 30 day~ of the dat~ of said defauh, the e~tire
prncipal aum and xcrued interest shall at once become due and payable witF~out notice at the option of the holder of this note. Failure to exercise this
~ option shall not const~tute a waiver of the riyht to exercise the same in the event of any subsequent defavh. In th~ event of defsult in the payment of
= rh;s rate snd if the s~me is collected by an attorney at liw the undersigned hereby sgree to p~y atl costs of collection includ'ug ~ re~sonabb attomey's fee.
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~ Ssid St. Lucie County Bank beiny expreuly suthorized to retain arry genersl a special deposit, oollateral, real w penonal security w proceeds therwf,
~ belonging to either of us, whether msker, security or endorsM, rqw or hereafter in possessioo of said St. Lucie County B~nk durinp the tirt~e this rate re
: msim unpaid and befwe w aher maturity apply same to this or other debt or liability to ssid Bank, due or to become dve to ths holder of tha note.
~ Presenrment s~d prot~st and notice are Mreby waived. ~
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~ ADDRESS /s/Hubert H. Hurst, Jr. ~
SfAL `x
~ No. /s/Patric ia J. Hurst ~ ~t ~
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~ BooK~84 ~A~E2486
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