HomeMy WebLinkAbout2176 ~rDUtdPI~ ~111UM1~~, tha# if sai~ .lfortga~'or shall pay r~~~to th~~ said .%llort~a~r~
the certa~in ~ronii~sury ~iutF, oj'rc~lii-ch tlee follot~•ii~g in. tvords nn~ jigrcres isa trrie cupJ,
to wit:
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~ No_---- - ~-Q~. Q ~
~ ~ Ft. Pierce_!, FLORIDA,~--_De~f~~_.12_- ty 21_
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For value rrc~iv~d, I ot we~ jointly atsd ~everal}y~ promise to pay to the order of
NATHI~N PHILLIPS and ELTON MELTZER, as Tr•sstees
~ _ _-___.F~. ~l~L'E~_____FLORIDA
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~ 1~il:II~y-_~_€YBa ThotLand__and n~/~Q--,j~~*aQII~.Q4~_ - - - - - - -I~1.I.ARS
~ BENJAMIN S. RALNICR six equal se a
~ at_~ _~?.IIfl--St~~_~lE1~t Yn~_~T~Y-.- 1.QQ~~ ~C in--- - - - ---t~,ns ~,r~~u of
; s 4 aSQQ-~QQ _ tach, •~~49Qt+i@Z.,r?1~l~1T1~@reit OI~t~1~1~'~i~'~~~Cvmt du~ an.: j~.~~.,blr on
:
_ or M•f~~re +.hP _ IZ3'.ZL daq af__ ~T1inQ __I9_T2, and on~ inscallmen~ to become due and }~~1blc ~~n
x
" ea~h succe~cdu~~~u~~}~~h~~~S~said :n~ebtedness is paid, ~it?~ .:~.rr=•,•
s
x ir~+ ; ddLE _ _at th~ rau oL__$_ per annum.
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' i: ar~ti ,:~s;,,;:i:,~~nt o( •his nute is r~~t pnid at chr timr and pia.~ +~Ml'1{iP(~, 2F1P rntirc~ anx unt un~,a~.i s!+a':: br 5~
= c'+,: ~rui t,a.~h:e .~t c!ir tln t;:~n of the hold~r herrof. A!1 part~rs her~u~. ~.heth~r n: ,i..•rc, ri~.~.~r_.~•n, sur:•_.~ _::.?r.,nt~~:. ~
2 ,~~:h~ Eicsrb~ ~.a~~~e drrc~.,:.~, rwtice and prottst. If p:ated in ;hc }iai~ds ;.f .i?~ ata,rnr~ t~~r ~~,1i••. ~.,~n. ~.e j„en: ~
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= ai~d s~~•. rr:.;i~ a~re}• .o pa}• rras.~nebk attorne~'s ire~
` THIS NOTE MAY BE PREPAID AT e~I3Y '"IME WI'_"HOUT FENALTY .
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3 t ~ ~ ~ ~ - - - - ~ I . , s, , r ' , . . ~ rt- ~
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E A~l~ir~~ss GERALD A. REVELLS ~f:.1: ~
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~ _ ~.~.~.~~f.~ `~Fd- ~
~ " T-~~c,tx>n~ ~io. _ ~st~. - SE.~I.
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a and shall perfo~nt, c~oniplJ r~•itli aird abide bJ e~cJa a~td er;erJ tlie stipulations,
~ agreement,s, conditions and coirenants of said promissory note and of this deed, then
= this deed and t1Le estate herebJ created shall cease and be null and void.
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,t~11~1 the said ~'Ilort~a~or hereby ~ovenants ctnd a~srees:
S
~ .1. To ~ay all ~nd sin~ular the principal an~r i~tt.~re4t an~l oth.~r sr~.nts ~?j money
~ puyarile bJ r.•irtue oj said promiss~~ri/ nole an~l this deeJ, vr c~ither, prc»iiptlr~ un thP
~ daJs sespectiz~el~ the same sei~erallJ conie due. . -
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To p~rJ all und si~r6t~l!rr tlte tax~s, assessment s, let•if~s, li~rhilitif~~, ul~lio~fions
; a~zd encr~mbrunees oj et~erJ ~iature u~i said cl~scrihecl prop~rtJ eu~•h and ez•~~rJ, ~~n~l
if the sacm.e be not promptly paid the sai,d rllort~a~see may at anJ time pay the sanre
„ with,out u~aivin~ or ajj'ectin~ the option to foreclose or any ri~ht hereunder, and eve~y
payment so made shull bear interest from the date thereof at the rate of nine
per cent. per annum.
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~ 7'o pay all and singular the custs, chars~~: an~~ ~.rpe~i~es, in~lr~ding lawJer's
fees, reasonably incurred or paid at any time by said .hfortga~ee beca.r~se of the failure .
on th~e >>art of the said .tliurt~a~or to perform, com.plJ u•rth a~r.cl abicle by eacli and
et?ery the stipulati.ans, d~reements, conditions and coi•enants of said pr~naissoiy note
and tl~is d~eed, or either, and every such payment shall Lear interest j'ror~t date at tlie '
~ r~t~e of nine per cent. per annunt.
To k.eep the buildin~ norc ~~r hPreafter ~n snid land i~isured in ~i sunr not
less tiia~c highest insurable value
Uollu~s, in a~•~~mpanJ~ or ~~om.pa~ries to
~g be approved by said .~tortrga~gee, c~nd the polic~ or poli,cies held by and paya,ble to said
.~lortg'agee, and in tlre event any srcm of ~nonPJ beeontes pa.yable under srceh poliey or
R`~ policies, the ~-~fortga~ee shall have the option to receive and upplJ the same on account -
of the indebtedness hereby secured or to permit the .iKort~agor to reeei-ve and use it, or
;->s any part thereof; for other purposes, without th.ereby u~aiving or impairin~ any equity
= lien or ri~h.t und~er or bJ airtue of this mort~sa.~e, and may pl,cue and paJ for siceh
= insurccnce or acny pa-rt thereof, without waiving or aj~'ecting the option to foreclose or
ccn.y ri~ht hereunder, and each and every such pccyrn,ent shall bedr interest from date
: at the rccte of nine per cent. per annum.
= ~ R ~E~~~
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