HomeMy WebLinkAbout0614 c.
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~O 1he sa~np, t~rtl~er wifh Itie ten~menis, hereclitoments and nppwts-
nances Ihe?eto bFlonging. a~~d tRe rents, issucs and proJits thereoJ. untu Ihe martgngee. in {e+ ~i~nPle•
~d ihe mortgagor cot+enants witF~ the mortgagee that the mo~tgngo~ is indejeasihly seized o( s~id
~nnc~ in ~ee simp~e: that the mortgagor has goocj RShI and Iaw(u~ auf~?orily to ~wnvey said land ns a~ore-
said: thnt !he enortgagor will mnka such fur~he~ auurances to pe?~ect fhe /ee simple,tiih ~f`f~`do adid la~d
mortgoger+ ns ~nay n•asona6~y ~?e ?equirec~: thni the mortgagor here~y ~u~~Y u'cu*a~ ~
and w~ll delentl the same against ttie ~awjul clai~s o( alI persons u~f~omscever: and thot said larur ia )?ee ~
nnd clear oJ all encwntirunces ~
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~ ~~ys~ t~at ij said mortgagor shall p~Y unto saic~ mortgugee itie.ce~tain promis-
1 sory nole hereinaller substnntia~~y copied or it~entijiec~. fo-wit: -
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~ 526.3QO,.IIIl__ ' ' VERO B~ACH, FLORIDA ___Jul~r 15~ ~q71___
r__ As hereinafter set forth after date, l; ws or either of us promise to pay to tF~e order of '
GORDON JOHNSTONt_as Trustee_____________s___.._______________________
T~cent~c.=six_Thous.az~c~Sg`te~Huas~~~i_~cl n41~9~ oo~u~?RS
for value received, payable ar 16Q~ =~Oth Street,_ Vero Beacht_ Florida~_____________ ~,,,;fih imerest
fromdate_hereof at the rate of T_~./_4_ per cent per annum until paid; interest payabie ALQr1~~y___________
A+?d e~ch oF v~ whether makK, ovar~ntw or ~ndor~, her~by ~e+?w~fly waMsi and neow+cea aery ~nd aU hae+~sewd ~x~p+~on i~phn w~ m~y
lwve unda +hs Consf~tutwn a Laws of tl» SaM of Fbrida, or ~ny othe~ S~sN, a UnfNd Sate~ u p~krf this no~~r ud each fwtlwr wa~~a demand,
' notic~ of non-payment ~nd pror~at, ~nd In wenl if b~oomet rwo~saryr fo oolbq thi~ nott tMoupb ~n anOrery. preh to pnr N! cost~ o/ oollaaion.
~ includ~np rc~sonabt~ ~ttornty'~ fs~.
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~ 1( default is mad~ in paym~nt wMn dw. 1M~ ~t tlw opNon of tlN hoW~?, ~d withovf any WMt notin. dl th~ r~nuNrnp bai~r~ts ~MII M
dw u+d payabl~ et or~u.
~ Repayment shall be made in 59 equal month2y installments of $385.00 each.
be~ir.ning on the lst day of September, 1971, and on the lst day of each and
every month thereafter for the next 58 m~nths. Payments shall first be
applied to accrued interest and then to reduction of principal.
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Tnere shall be a final payment on the 60th month in the arnount of
$11, 702. 3~, which payment shall be a balloon payment.
Prepayment may be made at any time without penaity.
Ii~1STA'.~P MART OF IN '~VER, INC.
~ ~ gY~`~,.~-'z-~-- -=----f''~=~°"=-- sEn~ '
" Lau e S. homas, President
~ No. Due --------------.At~~St: ~+-4-~Cs~~-~°-`-'-`'q~--- SEAI t
_ - Paul . Burch, Secretary ~ ` ;
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o j
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~ 5 ~ iN PA~R1~':r f,f i~'~S
~ JxJ pN (xASS 'C INTAP~GfBLE PEkSCNAI P:tUYE:iiY
~ TQ ~p~R pp~2~, IYC1S OF 1941.
~ R POfiRAS. Geck Ck~wit Cc~~rt
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~ as tr,t tot DANIEL ~M;~K1'4t3YKlFS, ~R
, 1 ax C~dRector
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~ `~x ~94 61
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