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HomeMy WebLinkAbout2909 r ~i ~ ~v ~we and tv ~lold ihe snme. logelhe~ u?ilh !ha tenements. he~editamenis and appurte- ! ~ianc~~s flei~r~lo ~.~~o~~~iiif~. an~~ Iho rnnfs, issues ancl proJils fhereo~. unlo Ihe mortgagee, tn fea simp~e. ' ~ ~nd tl~e moHpa~or coi~enanls u~ith the rriortgagep lkat the mortga~or is tndeJewt6ly setzed of aaid . j la?id it~ (ee simpl~; Iha1 Ihe mortgagor has good ripM und luw/ul a~~iho~r~y ~o conney ,a~d ~.?d.~ aforo- ';i saic~; Ihat ffie morl~apor irill make sucl~ (urther assurances to pe~~ecf I~e fve aimple filje fo said ~and in tJ~e ~ mo?tf~agee as may rc~asona6ly be required; iF~at Ihe mortgagor here6y (utly warmnts ths HIIe to :4id b.?d and u~ill de~en~ fl~e same againll !he Iaw/ul claims o~ all pe~sona whomJOe~~er; and that Jaid land 1s jree and clpn~ oj a~[ encumbrances ~ ~ I~ 1` ~ ~ , ;i ~i I~ ~ i~ ~ ~ i ~ ~ ;i , : ; ~~Vl~ Ii~W~st thot if saitl mortgagor shall pay unfo sai~ mortgagee tke certain promis- ~ ~ !1 sory notp hereina(fer Subs~e,:~~ally rnpie~ or iclenNJiecr, to-u~if: ~ ~ ~ i~ ~ - - -'1------- _ _ _ - ~ FORT 1lERCE, FLORIWI, B~pt~~= 1971' PAYMENTS IHTEREST OAT[ ~MOUNt •AL. OU[ O.~T[ AMOUNT rl~l0 TO ~,~,~y.~/ ~ fW Y~IW /Kf1Yfd• 1~N WIdNN~Md !^~'•^^~,y 1'O ~y ~O /M OfdN Of NI! ST. LUCIE COUNTY BANK ' ~ ryaeeE, ao~~~ ~ - ,1+~ prkrcip~l swn or . ~ty ~iv~ Zhou~and----------------- Go+lws ~ 25. 000.00~, w;~,, h~„ dat~ ~t tM ra» of 8-r"' utN pK Mrwin on tiw unp~id b~l~ntt uiMil pNd. i - TM uid prieeipal a~d intKU1 ah~ll b~ pryabb ~t th~ St. luei~ Counfy d~eJ~, ToA Pi~ra. fbrWa, a at wch aiw ptw N tl» MIdN nuy d~tipmt~ in wrMkq. Mid ' pr7ecip~i to b~ paid ~t fM daN ~nd in Nw tollowinp, principal aball be paid ia live (5) ~qual aaiwal pay~nts ot ~iv~ Thousanc~ ($S 000.00) Dollara esch toqeth~c with iatsx~st on tb~ ; ~ unpaid balance. ~ If dtfauN b~ mad~ in ~ny inst~llmtnt und~r ~hi~ not~ and if ~nr such d~/~utt in not ~nd~ poa! vrithin 3p days d fi~ d~t~ of wW d~iw11 11» ~tMk~ w~nc~p+f sum snd ~cirwd interut shall it once becane dw and p+y~bl~ wiMo~t notioe at th~ optioe~ oi tM holdw of thia noN. f~iiw~ to ~xKCiw th4 opr~on ~hall nW ca?sfitw~ a waiva of th~ right to ex~rds~ the sam~ ;e th~ ~ven~ of ~ny wbwquent d~iwk. In tM ~v~nt d dtfavl! tn Ih~ pyn~M of ~i~~s noh u+d if the sam~ i~ cofl~a~d by an ~nan~y ~t !~w th~ unden~pn~d Mr~by ~yr~ ~o p~y ~II cost~ of cdl~ction i~ctudirq ~ tNwtibb MtaMf/s h~. Satd 51. Lucis County ~~nk b~inp ~xpr~s~ly ~whoriud ta ~~f~in any q~rnr~l o? tp~cial d~po~ir, ooll~tK~l, nal a p~noeal Ncwiry? w procNds tlwroi. eela+pinp to ~ither oi w, whethe~ maker. wcv.~ry a ~~+dwse?, raw w henaher i~ pou~uion of s~id St. luci~ Cow+tp Mnk dwin0 tir tinw tlw noN ~ R+aNr w~p+id end b~fa~ w afhr m~h,rity ~pplr ~e to thb a otl+w debt or liabiiiry to saW lank, du~ a 10 ~oa+» dw b!!» hokMr d 11~ noM. Pns~ntmeM w~d p~otat ~nd ratiq ~r~ iw~by wsiwd. ~ ~ Aoo~ss p•O. Hox 2, lort pi~res, ~la. ~ ~ s . . ~ ~ ~ JoAau R. Sloaa a~ ~9 5 ~Z90'7 il ~ = : ~ 4~- r~