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Home My WebLink About1000 ~ , I~ie snm~•. lugi~f~irr irit~_ 1~~~ teneme??fs. Iieretliluments an~~ appu~tr i ~o ~iaue and to ~iold ' ?;cu~i~~~s 1~~rri~lo ~u~~ongire~~. ~u~~r I~i~ mnh, issu~~s cuu~ proJils I~~e~nw~. unto Ihe morfgaget. in ~PP simp~r. ~ i! ~ nd Ihe nturlgaqor co~~rnanls tvith Ihe morfl~ane~ Il~nt the morfgagor is inde(ensi6~y seizecl of sni~ ~un~~ in ji~~ simp~i~; t~~at t~~e morf{~a~or {~as goo~ right and lawJu~ aufhorify lo conney saicl Iand as a~ore- I ~ saii~: I~~al I~~e morfgcu~or wi~~ maRe such ~urfl~~r nssurmtres to perjpct fhe Jee simple fitle to said lnnd in !he morlya~~~•~ as m~y reasonab~y be require~I: 1ha! the morlgapor here6y f ul~y warrants the lil~e to said ~and ' ~ anci u~ill ~Ie~Pnd Ihe same againsl Il~e lau~ful claims o~ a~~ persons witomsoei~er; and Ihat snid land is free an~1 c~~ar u~ a~~ encumbrances . PARTIAL RELEASE CLAUSE. Upon each annual payment of principal being paid and there being no default under the terms of the mortgag~, . ` the mortgagee shall release from the mortgage one acre of land. The mortgagors shall have the right of prepayment without penalty and ~ for prepayment in increments of $10,714.29 representing ttte annual j~ payments, one acre of land shall be released. The legal description ii of the released land shall be provided by the mortgagors with an accompanying sketch of.survey prepared by a licensed surveyor, setting forth the parcel released in relation to the remaining encumbered land and its relationship to other released parcels. All 'i releases shall be conti~uous commencing from the southwest corner of • ttie mdrtgag~d property~and shall be in the S~ of the~e~'tire t~act. ~ . _ , , _ . , , ~ . - ~ . ~ ~rou~ded ~tways, ltiat ij saic~ mortgngor s~a~~ pny unto said mortgagee t~e cerfain p?omis- ~ sory note hereina~ter su~stanlia~~y copie~ or i~entiJiec~, to-wit: ~ ~ ~ ~75,000.00 Fort Pierce, Florida August 14 19 ~2 ~ ~ FOR VALUE RECEIVED. the u~idersigned, j ointty and severally. promise to pay to the . j order of ~RBERT PULITZER, JR., payable at the office of Yelen & ~ Yelen, 1104 Ponce de Leon Blvd.at Coral Gables, Florida ~ - wi h ~ the principal sum of SEVENTY-FIVE THOtLSA11ID and n4.~1l~ ~ DOLLARS, t ~ I interest at the rate of seven per cent per annum from date until ! paid, in installments as follows: ! This note shall be paid in seven annual installments of ~ $10,714.29 each, plus interest upon the unpaid principal ~ balance. First payment shall be due on August 17 , ~ ; 1973, and each year thereafter wntil the whole be wholly ~ paid. ~ ~ } ~ This note may be prepaid in whole or in part at any time ~ wiChout penalty, providing such payment is in a sum equal E to two or more installments. e ~ - . ~ ! If any installment be not promptly paid within 30 days ne~ct after the same be- i comes due, then. at the option of the holder hereof~ the full amount remaining due upon I this note shall thereupon become due and payable at once. together ~vith al] other indebt- , edness atipulated in this note and in the mortgage given to secure the same. The makers and endorsers of this note furth er agree to waive notice of non-pa~•ment. T~rotest and demand for payment~ and in case suit shall be brought for the collection hereof or the same shall be collected upon demand of an attorney, to. pay all erpenses ~ of such collection~ including a reasonable attorne~~'s fee thereon. ~ ~ ~ State documentary stamps in the ~ /s/ ALBERT J. DiVAGNO ~ amount of $112.50 attached to er . 1 a o (SEAL) ~ original note and canceled. ~ ~ /s/ ARLINE DiVAGNO ~SEAL) r i~ne i agno ~ /s/ CHARLES R, P. BR ! ~ ~EAL) /s / HOGJARD L. BICKFORD tSEAL} ~ ~ - Charles R. P. Brown, as Howard L Bickfnr~ (SEAL) ~ Trustee /s THEODORA K. BICKFORI~S~L) '1 e ora R~; ~Tc~~ ~ ~ ~ r L'c~RK ~J ~.~d~ ~ _ - ~~A r . _._a~~_~_ ~ _ _ - _ - .