HomeMy WebLinkAbout2995 ~o ~ue and to ~iotd Il~e sume, loyplhe? with 1he tenement:. h~~edilamenl~ and appwte-
nanc~s IhP?rfo 6PI011(Jlfl41, pfl~ I~P ~Pll~f, issues on~pro~tls Iherpof. unto Ihs ira?fgag~e. it~ ~M si,mp~e.
~ 1he morlgagor coi~enanls wilh Ihe mo?tgag~ Il~at Ihe mortgagor Is indejsaiibly seized oj suid
land in Jpe simple: that the mortgago~ has good rlght and Inu~/ul autho~ily to conwy ,ard la.~d w a~on-
said; that Ihe mwlflagor u~ill make :uch /urll~e~ assurnncei to pe~jecl the (ee stmple titb to ~aid lnnd in Ik~
morlf~a~ee as may re~sona6ly be requi~ed: t1~at the mortgagor he?e6y /ully war?dnts l1~~ titls to :atd lo?~d
~~id u~ill dp(end thp same agninst Ihe lawjul clatms o~ all penons wl~omsoever: and tl?nt ,atd land J.ee
and clear u( all pneumbw~ces
.
~V~ ~S~ ftiat i~ said mortgagor shnll pay unto sntd morfgagee the cerlnin prornts-
sory note ~ereinajter su6stanfinl~y copied or ic~enfijied. !o-wit:
FORT PIERCE. fIORIDA. September 28 ~971
PAYMEN?5 INtEREST
OATt AMOYMT ~AL. DY~ OAT[ AMOYNT rAID TO ~
fa ~~Iw rec~ivsd, tM vr~nyn~d promia~(~) ro p~y to tM ordK of th~
ST. LUCIE COUNTY BANK
FORT PIERCE. RCRIDA
~M p+lneip~l .uen of
' Twenty F'ive Thousand and No/100-------
; 25, 000. 00 w;~ti ~„~Nt fr~,,, date
~
~ •t tM r~t~ of? Y r eRn1 p~r ~nnwn on tM uey~id b~la~u unril p~W.
~ TM t~id pti~tipal ~nd inttrtst ~hall b~ p~r~bl~ ~t tl» luti~ County ~~nk, Fort
Piac~, fiorid~, a~t such otM~ plac~ u tFN ho1dN m~y d~sipnat~ In wrltinp, ~Id
principal to b~ paid ar rh~ dat~ and in tl» mann~. followinp:
Payable over a ten year period, with 119 monthly payments of ~193. 83 each beginninQ
November 10,1971 and 120th. payment ahall constitute the balance in full.
Privitege of prepayment ia given.
If defwlt b~ made in any installment under this nott ~nd if any ~uch d~l~ult i~ not mad~ pood wiMin 30 d~ys of tM d~t~ of s~id d~fauh, th~ ~ntin
pri~cipat sum and acerued inte~tit shall ~t w~ce becom~ dw and p~yablt withovt ~otiu •t 1M optfw~ o/ tl» hold~r of thb noq. F~ilw~ to ~xKCiN fl~
optaon sF»tl not const~tu~~ • waive. of ~he right to e:erciH tF,~ sam~ in rM event of u~y subuquent default. In tM ~wm ot d~fs~h in tM pay~nt d
+h~~ not~ ~nd if th~ same is coll~ct~d by sn artw~~y ~at I~w ~M unders~ned her~by p.N ~o pay ~II cwa of coll~ction incl~rd7np • rsuon~bM ~ttonw~/~ fM.
Sald St. lucie ~amty Sank 6e~ny e:p~es~{y authori:~d ro retain a~y yenNd w sp~cial d~pwit, collaMr~1, ~e~l o~ p~rson~! wtvrity p proc~~ds 1Mnof,
D~lonyinp to ~ither of us. whethe? maker, secur~ty a endorsN, now w hK~~her i~ poae~~~on of s~id St. luw Cow~ty b~nk dwinp Mw tiny tha noN n-
~ rr~~ns ur+paid ~nd b~iw~ w~NN maturity ~pply farrN to this or otM? debt or G~bil~ty ro f~id dank, dw a ro baonw dw b tlw holda d Mit noN.
Prss~ntmsnt ~nd prof~st ~nd notic~ ar~ h~r~by w~iwd. .
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ADDRESi ~ f
SE/1L
NO y~l- ~ C-,~.C~~..~ SEAL .
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