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HomeMy WebLinkAbout1827 s _ n F• ~ , d~e anmc, fuhel?~cr irit/~ tlie fencnients, hereduaments pn p~~~g_ nances the~eto lielongir?~;, orul tl~e rents, issucs a?u! profits tl~ereo/, unlo t/~e n~ortbagee, in fee simNle.~ ~ the mort~a~or covenartts u:illi tlre »iorl~;rr~;ce that ~he mart~aror is jnd%osil,Jy sei;,e~J of land in Jee simple; that tl~e »iort~;u~vr has ~oor/ ri~;ht u?uJ latcfu~ oufhority b conuey s~ok/ (and ~s afore- soul; that the mo~t~;u~or uill make such further oss~uronces to ~~erfect tl~e /ce si?nple title to saul land in ihe mort~a~;ee as may reasonab(y /,e reyuirecl; N~af dee mort~;u~;on c~rcL~ /ull~~ ic;crnmits t1~e title to s?~ul Ia~ul and u;il! defe~ul the same agoinst N~e JQw/ul clatms o/ Qll persor~.s echoi~iso~ener; arul that saul lvnd is /~ee and clear o/ all eneamGrances . ~~s~ ihat if snid mort~;atior shall pay unto said mortgo,~ee the certaen ~~romis- s°*y nate her~inafter s,ulictant~all,~_ ~-,..,:~~t = ~•-~va ~ - - - _ _ FORT PIERCE, FIORID/1, Au~uBt ~ 1 !9 ?2 PAYNIENT5 INTEREST ~ D4Tt AMOUNT YAI. OU[ DATt AMOUNT /AIO TO Fw wivc ?ec•~r.d. ~M ~nd.ngned praois.(,) a P+r ro d+. ord.r of fh. ST. LUCf E COUNTY BANK fORT PIERCE. RORIDA th. princiPd a,m ol - - _ Saven Thousand Five Hundred and noi 100 ~ 7500. 00 ~ w~th intNNf t~~,,. date 7% ar tM ~ate of unt p~r annwn on tM vnp~id balar~ vnH! p~fd. TM taid principat ~nd i~?ter~st shdl b~ p~y~bb N tlw St. t~w County banh. Fort Pierce. Florids, or it wch ot?~tr plac~ a tM hotd~r m~y d~tgn~b ke wrltinp. uid pri~cipsl to be p~id at tl» d~ta and in th~ maeuwr fo!IowLg: NO PRINCIPAL PAYViENTS TO BEGIN ON 1'HIS NO'~E FOR SEVEN (7) YEARS AND SIX (b) MON iH3. Interest is to be paid Annualiy on this note from date of note. Paymeats to begin monthly in amount of $754. 72 February l l, 1984 !f defsuFt 'sa made in ~ny irufsllmcnt under this note and if ~oy such defavlt is r+of m~de pood within 30 days of th~ da?~ of said d~fsvk, fht ~ntir~ pr~nupal wm and acaued interest sh~lf at once become due and pay~bl~ without ~otic~ at th~ option of t!w holdN of thi~ not~. F~ilun to ~x~rcis~ this c?rion shaN not cons~itute a waiver of the reght to exercise the same in the event of any aubsequent debvlt. In tM ~vent of d~f~vh in Nw paymtrtt oi ~h;s note ~nd if the s~me is collected by an attwney a~ law the undersiqned hereby a9rN to p~y ~tt coab of cdl~ction inclvdi?p ~ rN~on~bl~ attor~s he. Said St. Lucis County Bank beinp expreuly authorized to retain any 9eneral w speci~l d~posit, coll~terd, n~l or p~noeul Mcu~ity o~ proceds therwf, Fxlonging to either of us, whether maker, security or endorser, ~ow w Mreafter in posusiw~+ of said St, luti~ County 8~nk dwinp th~ time thit nW~ re- matns u~p~id and befort or after maturity apply same to this w otF~r debt or I~abif~ty ro taid Bank, us or to.~o~?~ dw to hokl~r of tha n~. GHURGH O~ C~ P~suntrrKnf and prot~st snd notKe u~ Mr~bY w~ived. r; ADDREU By' Clifton Lloyd, Jr. ~1 '3 No ~'Y" B. J. Herndon J s~t By: W. B, Hammond Seal ; ~ SOG'K ~O5 ~AGf ~Oz~ f sr ,i ~ , r ~ . , .