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HomeMy WebLinkAbout3835 i ~ II ~o ~iaue and to ~iotd 1~~~~ sam~, lo,yFt~~er ~rifh Itie Ipneme~~ts, heredilamenls an~ app~ute ! i~ r~a?tc-~s f~~~~~lo {ir~onging. nnt~ 1~~~ renfs. issues anc~ proJils 1{ie?eu(. unto Itip mo?IgayeP. in jPP simple. ' ~ l11~~ f~u~ moNnagor i•o~~enanls u~if~~ f~ie morl~age~ i~iaf fhe morfyagor is inc~eJeasiE~~y seize~ oJ saic~ ' 'j ~~n~ in ~~P simp~~: f~~af f~~p mo?I~agor ~ias gooc~ rig{~! a?u~ ~au~(u~ auff~orily fo cunney saiij lQnd as a~ore• ~ ~ said: ~QI 1{~e mort~~ac~or irill malre such JuN?~er as~urunces lo per(ect tiie %e simple tit~e to said Iancl in tl~e ~ i morf~a~eP as may reasanaLly F,p require~; fhaf f~ie mortgagor here~y ~u~~y warranfs !~e fit~p to suid Iand ~ und u~ill dP(pnd Il~e same ac~ainst Ih~ Iau~/ul c~aims o( aII persons whomso~i~pr; ai~d tl~at said land is /IPP ~ ~.~d ~I~a~~ o( a!I ~?~~«m6~an~•~s except taxes accruing subsequent to December 31, 1972 ! iF and mortgage from Robert F. McRoberts, Jr. , Individually and as Trustee, to ~ f ~ Anzac, of Florida, Inc dated August 25 , 1969 , filed in O. R. Book 179 , page 15Q0 ~ St. Lucie County, Florida, public records, said mortgage mortgagor herein assumes ; and expressly agrees to pay . " ~ j • ~ ~ ; i , _ ~ ~ . ~rouided ~lways~ t~iaf i, sai~~ mortyagor s~ioU pay unfu snir~ morlqageP 1{~p cerfuin promis ' sory nofr {i~r~ina~li~r su~ist~nliu~~y copi~~l or i~I~~nti~iecr. fo u~it: ~ ~G~ ! f i t ; $ 315, 804. 29 PROb4ISSORY NOTE Florida December ~ J 19?2 ' FOR VALUE RECEIVED, the undersigned, jointly and severally, PROI~IISE TO PAY to the order of ROBERT F. McROBERTS, JR: , Trustee Three Hundred & Fifteen Thousand, Eight Hundred & Four & 29/100 ~ DOLLARS at P.O.Dra~ver 6,Stuart,Fla.33494 or 3uch other place as the holder hereof may designate in writing, together ~vith interest from date at the rate of ?.5 $ per annum on the unpaid balance until maturity . The said principal and interest shall be due and payable as follows: Four (4) equal consecutive annual installments of $63,160 . 85 and one (1) annual installment of $63,160 . 89 principal plus interest on the unpaid principal balance, commencing one (1) year fram date and continuing on the same day each year thereafter until principal and accrued interest shall be paid in full. ~ ` R.ight of prepayment in whole or in part at any time ~vithout penalty, on or after • ~ January lst, following the year of closing is expressly reserved. 3 If default be made for 30 days in the payment of any installment of principal ~ or interest or any part thereof, the whole sum then remaining unpaid with interest ~ shall at holder's option become due and payable without notice . Failure to exercise ~ such option shall not constitute a waiver of the right to exercise the same in the > e~~ent of subsequent default . After maturity both principal and accrued interest ~ snall bear interest at -10- $ per annum until paid. The makers and endorsers o: this note further waive demand, notice of non-payment and protest. If this note ~ is r.ot paid at maturity and the same is placed with an attorney for collection, the _ ~~akers and er.dorsers hereof agree to pay all costs of collection, including aIl ' ; court costs and reasonable attorney fees . : Tne maker here:n shall have no personal liability under this note in the event o~ c:efault and payee herein shall look to the land encumbered by mortgage of " .'~e same date, «hich is security herefor, for recovery . ~ G " ~ (SEAL ) M . T . Cueto, Trustee 1 boex ~U9 w+c~ ~ ~s . tj ~ ~ . ~ ` ~ - ~ ~ V i.,,a-,y~, ~9 yti.-t~~ sd-4~~it3~F _ .s~~S~~?'~ ~.~~'Y^ 'k-^W 'tiS 3^_~i.~ s~. 5 . ' '~~,y,q:'?.° ti°'~`'~~