Loading...
HomeMy WebLinkAbout0375 ,~Vt Ihe same, Ic?get{~er with the tQn@menb, tierec(itnme?tts anc~ appurfe- nancea fhsreto 6e~onging, anc~ ftie ?ents, isaues and projits thereo(,.tlztp~fhe mo~lpc~; in ~ee sin~p~e. ~ ~d the mo~tgago~ couenants with the mo~lgngee thal !he mortgagor is indeJ~~6iy seized oj snid lund in /ee simple; that the mortgagor has good right and Iawjul autho?ily to conuey saitl Iaru~ w n(ore- # said: tl~at the mo?lgogo? will ma~re sucl~ urt~e~ assurances to ~ ~ p ~s ~ per ect ~l~e ee sirn ~e title to saic~ land tn the nw?lgagee as may reasona6ly be requi~ed: that the mortgago~ he?vby JuUy u~armnla. the ti~le to said land and will de%nd the snme ngainst thp lau~/ul claims o~ aI! persons wleomaoei•er: and Ilwt said land is /res and dear oj all encumbr+ances ~ ~ • t i _ ~ ~ ~ ~ I { i ~ I } 3 ~ ~~V~ ~~s~ tl?at if saicl mortgagor :hal! ~,y unto suid mortgagee the certain promis- i t sory note tiereinajter sub:tane~nlly copiec~ or idenli~ied, to-wil: ' ~ I ~ ; - - _ _ - - > fORT YIERCE. fIORfDl1. J~~~ 12 19 72 ~ PAYMENTS INTEREST OAT[ AMOUNT YAL. OY[ O~TC AMOYNT ~ /AID TO Fw valw rec~iv~d, tM und~rtiyn~d proma~(s) to paY ro the ord~r of tM ST. LU C I E CO U NTY BAN K FORT PIERCE, FLORIDA tM prlr~cipN swn of ON8 ~UNDAED ~IFTY T8008A1+tD and NO/00--cda., Doc nta St s in e ount ~=150, OOO.OA, w;,h data of $ 25.00 affix d to t e ori al n te an can e e ~t the r~t~ oi ~ p~r unt pa ~nnuen on the unpaid balane~ w+tN p~fd. ' TFN said prcnccp~i •nd im~re~t ah~ll b~ p~y~bl~ at t1w St. [~ci~ Co~ety 3a++lt, Fort + P~~t~. fb?id~, w st wch otl?N pl~c~ a th~ hold~~ may d~sipnat~ in writinp, wW princ~psl to b~ paid ~t tM d~t~ u~d in rM manrer followirg: ~50,000.00 plus interest duw June 17, 1975 ; 554,000.00 plus intare~t du~ June 17, 1976 ~ S50, 000.00_ F~u~ inlerest due Jnaa 17~ 1977 E If default be m~de in any ins~sllment under this note •nd if any such d~f~utt ia not mad~ pood within 30 days of fht da» of saW d~fauh, ~M .min p~inc~ptl ~um ~nd acaved int~r~s~ shatl •t o~c~ becorrM du~ and pay~bl~ without notiu ~t tM option of tM hold~r of this nof~. F~ilw~ to ~:KCi~ thi~ op~ion shall not con~?itut~ a waiver of tF?e ripht to exercise tF~e same in tM •v~nt of any subseqvent dtf~ult. In th~ w~nf o1 d~f~uk in tM p~ymMt of i ~h~s not~ ~nd if the s~me is coltect~d by an anorn~y •t I~w th~ underi~qned hereby ayr« to pay ~tl cwb of coll~ctan Includinp ~ nasonabb anorn~~ f~e. , Sald St. lvci~ Co~nty sank beinq ~xprs~sly authori:~d ro r~t~in ~ny qen~ral w special dtposit, coll~tNi1, r~al o~ p~rsond ~cvrity o~ procNds therwf, belon9ir?p to s;rher of u~, wlxths~ maker, security or enclorser, raw w here~fte. in posseision of said St. l~t+~ Cow~ty 6~nk dwieg tM tirm this nof~ n- maim ur+p~~d ~rKI blf0~! q~NN marurity spply sam~ to this o~ otMr d~bt o? Ii~bility ~o a~id 8~nk, dw a to b~cw~w dw b Nw hctd~r of thi~ ?aM. ~ Pr~wntmtot ~nd prot~st ~nd notiu u~ htr~by waiwd. ~p ~O~ ~ • ADDRE-u ~~t Olfica Box 1749 ' ~ • ~,o Fort Pierce, Florida ~ • - soa~ 199 r~ 37 ~ 4 # , . , _ ~ t ~ . . ~ : _ : _ . , . _ .