HomeMy WebLinkAbout1474 . Provicle~I t~Iwaye~ that if'saul JKortgR.¢or shall pa,y unto ~he ~aid .hfort~a~ee
the certain prnm.issory »otP, of u~h.ach. the follou~in6 in:c•omT~ an~ ~i?~rtrPS is a trice copi~,
to wit:
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~ ~ s...14 , 000 . 00 Ft . Pierc~ .....~1~.~....8.,........................_. ~9. 7.2..
.................~......r...... .
; coR v~uUE RECe~vEO M. w+d..si9ned w~~: ro psr ~c ~he o.e« or • .
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' .F.IR&T....N~l~~ANP~... B~NK...OF FORT....~I~~iGF..._ . . .
. . .
w~M~i Fouxte.en ThQUS.and ax~~...nn~.1QD o~~~: ~s 14 000.~00
1oys~ha wilh intKesl Me?eon fran dals. at 1he rate d..••• .................~'..1C~11t.».,,»...........psr tenl, per.......... a11Xl.LUII...........................unt~l mslurily, sa~d ~nterest
e«~ ~Y~.--gu~xt.er~..y..... ~n~ ...~s.t. .aaY . June _a~a each - quarter . thereafter
e~i~~i~olh principal and i~t~rest bsin9 paY~e io lawfu~ money o1 the Unifed Slates w ils equivatenf, 3.00 ..South .-fith . Street,
Fort_ Pierce.~..Florid.~... 334.~.0....,.. .......~~a o~~~~~oa~ wm ~o ~~Y~we ~n~ da~e: ~+a rne ~,~r::c+M~r~ ~~ow, to•wit:
,T . . . . ~ _ . . . .
On or before three (3) years from date. •
E
; (Documentary Stamps attached to original)
z or a~st and aU requiren»nt: nscessarr to hold sach d
- fxh eisker and endors~r ssveralh wa~ves damsnd. waes~ and notice of ma luritr. ~~Y~ W
E them I~ab1e as make.s and e~dorsers.
- Each maker ard endwser fur~her agrees, joiMly snd seve~aqy, to psY all cosls d colleclion, inc~eg s rsasoesbl~ ittorMY's lee in case the pru~cipal d
- ~his note or anv Paymenl a+ 1he Principal w anr i~te.esl the.eon is nd pa~d at Ihe respecliw nwturiry therw(. o~ in cass ~1 becomes nscessarY Io protect ~he
c seturity hereof. whelher suit be bra?9h1 or nW-
This nofe and deferred iMeresl paymeMS shall bear inlerest at the ~a1e of...__...... ten.....per ceel. Per annum hom maturity uNil paid.
This nole is tecured by a..f-lrcu~•-..^~tgage d even date herew~~h and is to be constrwd and enlorced accordin9 to the laws d the St~e ot flor~da:
upon defaull in Ihe payment ol p~incipal andlw iMeresl due on sny no~e setured by said Mort9age. all ootes so secured and remaining unpaid shall forlhw~lh
become due~ and Wrable nolwilhstandin9 their tenw. . ,fi ~s
.•L ~'L~-... _ ~ . . . . . hcan
AI~t~Sri" aPP ..y . . .
?~x~t~~u.......~~~.........-~----........ _~s~ai~
_ _
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and shall perfornt, conaply with ctn~ abide bJ each 2nd every the stipicla~tions, agree- -
ments, conditions a~cd covenants of said promissorrJ note and of this ~eed, then this
~~r.ri u?~~1. t/t~ est,at~e hereby creatPd shtcll cease and be null and void.
I~i And tfie said J~fortgcc~or hereby covena~ats and agrees:
f
~ 1. To ~xr.J tcll art~l sin~'r~lcir the principal and interest and other srcrns of monei~
pccyu.Lle by virtue of said promissorr,/ note a~id tltis tl.ee~, or eitlrer, promptly un t/iP
days respectively the sdnae severalLJ come due.
To pacy dll and singeclar the ta,r.es, assessnaents, levies, liaLilities, obligations
aiad e~acurrtbrarcces of eaerr~ n~rtr~re on said descizbed propertrj eaclr, and every, and if
the sante Le not promptly pai.c~ tlae saic~ alort~agee may at aity time Jxc~ tlte same
rvithout wc~ivin~ or aJ~'ectir~~ the option. to foreclose or anJ ri~ht hei•etcnder, und eve~y
pay~nent so made shall Lear interest fro~n t/re date tlcereof at t/ie rate of ten per
cent. per annum.
3. To pa~ alt and sin~ular t/r.e costs, char~es an~l ea:penses, inclrcdin~ lawye~'s
fees, rea.sonabli~ incrcrred or paid at any tim.e LJsa.id .illortgagee Lec~tttse of tlre fazlure
on. the part of t/te saitl rllort~agur fo ~~e~ form, conapl~ taifh, air~l ~~Litle Ly eac/a artd
e»ery the stipultttions, conditions anc~ coren«n.ts of'sai~l /~romis•or~ irnteand this deed,
or eitlaer, ct~rd eL•erJ suc/i paJmeiaf shall Lear interest froni date at tlre rccte of
ten per cent. per annuni.
To keep the bicildings now or leereafter on sai~ lrinrl i,nsrcre~l iit a sicm not less
tluun highest . insurable value doll~~~:s, in a com~nrJ or cnntJ~unies to Le
approvec~ by sntd .~l~lort~a~see, an~ tlre polic~~ or ~~olicies helc~ b~~ uia~ ~~ai~aLle to s~rid
r~tortgcr~ee, and in the eve~it air.J xn.m of »toneJ beco»re, ~~Jable rcirder sicch ~iulic~/ or
policies, tl~e .Alort~a~ee skall have t/~~ o~~tion to receiz?e ctircl aJ~~~ly t/~c~ aunie o~c uccottirt
of tJte indebtec~ness /~erebJ .~ecr~-re~l oi• to perntit ~l~e .Alort~u~or tu ~•ecei.r~e an~l t~xe it, or
cani/ pctrt t/t~ereof, for otli~er prcrpo~e~, IUI.tI/OIGf fII.PPebJ rcRic~iits ar int~iuii•i.nQ an.i~ eqt~ilJ
lieii. or right tencler or LJ airtiie of' this ntort~a~e, «~rc~ ntaJ place ~ind J~uJ for st~eh.
i.nsrerance or anJ part the~•eof; ruithocct tvaiuiir.~ or r~jj'ectin~ tlre option. to toreclose or
canJ ri~ht liereun~er, ctntJ• euclr, a~~.d eaerJ s~cch. ~iaJment sh~ill, hPar i-nterect fi•nn~ d~cte
cat the rcct~e of ten per c~~xt. per a~an ram.
60DK PACf 1474
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