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~Q ~~ffV~ ¦W~ . f~e sa~ne, togefher wlfh fhe te~em~nb. h~ifanwnb ond oppurte- ~
nances Il~ereto be~onging, a~id the rent:, issuea and pro/Its thano/, unfo lha moNgagst. in (se' simp~e. ~
~ the morlgago~ covenanls with t6e mortgagee IRnt ths mortgagor ia ind~j.a,t6ly seised oj anid ;
land in ~ee simp~e; fhat the ntortgngor {~as good rigtit nnd ~nw(u~ autko~ity !o convep satd ~nnt~ w afo++s- ~
said: fhnt fl~e mortgago~ wt« niake sucl~ jurlhe~ waurances to per(sct !ks fe~ simp~ t1t~e fo aaic~ land th tht {
?nortgagee as may reosonab~y be requi?ed: tknt t~e mortgagor 1?..~.by ~u[ty waranta the tllls to satd ~ancl
and u~il! de%nd Ihe aame ogainst ti?e law~u[ claima o( all peraons w~iomaoev~; and 11wt aatd Iand is )rw
and ~t~a~ oj all encwn6rances except ~hat certain mortgaqe held by E].mer Jones
and Stella Jones, his wife, in the amount of $6400 as recorded in
Official Record Book 19R.. Pages 830, 831 and 832, and that certain
mortgage held by John Todd Jones and Kathryn Jones, his wife, in the
amount of $6400 as recorded in Official Record Book 191, Pagea 834,
835 and 836, Public Records of St. Lucie County, Florida.
~ ~
~l'OUId~ ~UIUA~S~ ~ka~ ~j said Moreg~o~ :I~U ~y w~ro ,~d more9y.e el~. ~wea~ P.~o~,-
aory reofe ~e~eina~fer substantia~~y oopisc~ o~ ic~enti~iec~, to-u~it:
PFiOMISSORY `O; ~ - .
~36, 9G0 .00 North Pal:n Beach , Floriua •.ay 22 ,1y72
FOR VALUE RECEIVED, I~~ o:n~se :.o p~y zo t:.~ ~r~er o~ ~
~a2PORATIO~, the principai su:7 0~ Tri~~TY SIX T~:OUSA~ Ni\-E Hui~~R~:,~
;
:.~'s.:~~S ($36, 900.00) , wi~'r. interest ~rom dGte at the ra~e o~ EiGn~ P::~c-
• ~:;~i per annum on the u..paid balar.ce until paid. The said principai
i: :.eres~ shall be payable as foll.ows: +
Prir.cipal in tne a:nount of $18,4~0.00 together with
accrued interest shall be paid One (1} year fro:n date.
"i'~ze balance of principal in the ar:zou:~t of $I8, 4~0, 00
together with accruec3 interest shall be paid ~ao (2i .
years fror? date.
in tne event of any de~aui~ i:, t?:e pay~r.er.~ a~ ar.y i:~sia~i.-.:e:::. -
t:,e pri':~cipal hereo~, or interest hereon, ~or a period of Fi~ ~ee:: ii5i
~ays, ~ne hoicier hereof may ele~t to dec~are, and deciare t~e e::~i~a
:~r.aaic a:~ount hereof, and tne interest then accruecl, i.~.:iediate? y cue ar.G
~ayai~:ie. ~ .
; T'ne maker and endorser of tYzis note further agrees to waiva
a~.a.a: 3, r.otice oi non-payment, and protest, and in case s~:it shail a~
~-rouy~n~ for the collection hereof, cr the same has to be colZected upor,
' ue:~:ann of an attorney, to pay all casts of collection, including reuso:~able
attorr,ey's fees for n~aking such collection.
When in default, this obligation shall bear interest at t'r.e rate
of Ten Percent (10%) per annum in lieu of the rate hereinaAOVE
speci~ie3.
This note is secured by a mortrage oz eva:. da~e herewi;.1:, ~r.d
i:. ~:.e sa.;se prir.cipal amount as herein sta~ed, encunwering rea2 es~u~e
S2~i:.di.2 in t:~e County of St. Lucie, State of Fiorida.
i +
; This note may Ae prepaid in wnole or '`"par`-~ at any ti;r~e witY:out ~
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, ~ena ~ ~y . , ~
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