HomeMy WebLinkAbout1649 z;
3'0 ~uc and to ~old the same, togettier with the tanements, her~itamenla and nppwfe-
nances t~erato be~onging, and f~e re~fs. Issues 4nd pro`~ts ftiereof, unto the ntortgageo. in je~ ~imple.
~d Ihs morlgagor covenants u~ith the ntortgngee tl?at the mo~tgago? is indejansibly seized oj snid ~
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land ir~ jee simple: tl~at the mortgagor has good ~ight and !aw/ul authortty to convey said la?e~I as a(ore- F
said: that ti~e mort9ugor will rrtake auch ~urti~e~ wsurances lo perfect fl~e jee sirnple title to satd bnd in the '
mortgngee at may ?easonably be requi?ed; ff?nt tl~e mortgagor J:e.~6y jutly warranta !he title to said [and ~
and will de(end tl~e same ngainat t~e ~aw(uI claims o~ all persons whomsoeuer; and tl~a~ said land is (ree
nnd clear o~ alI encum6rnnces '
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V~ ~S~ that if said morfgagor skau pay unto saic~ rnortgagee t{~e ceHain promis-
~ sory note i~ereina~ter su6stantially copiecl or identi~ie~~, to-wit:
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' y 550,000.00 Fort Pierce, Fiorida January 30 ~ i9 73
As hereinafter provided ~
, - after date, I, we or eitlier of us promise to pay to the order of
FRANK J. HAAS, As ~rustee
FIVE HUNDRED FIFTY THOUSAND and NO/100-~---------------- ;
f
for value received, payable at St. Lucie Countv Bank, Fort Pierce, Florida ~
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with inte~est
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from date at the rate of 7 per cent per a~num until paid; interest payable annually. i
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If default i: made in sny payment when due and continues for 30 dayb then ~t tM option of th~ holder, ~nd without aRy other notice,
~il ths rem~ining bslance shall be dve snd payable at once. ,
And each of vs whe~her maker, gwraMw or endwser, hereby avenlly w~ives ~nd renounces ~~y ~nd alt homeitead exemptio~ r(ghN -
wa may have under the Consritufion or taws of the Stste of Flwida, a any otner State w United St~tes, ~s ~pairnt thi~ not~f ~nd each funhet
waives demand, notice of non-psyment ~nd protest, and in event it b~com~~ neceasary to col~ect this not~ thrwrph ~n ~ttorrny, sqrees to pay €
all costs of coliectFon, inctuding reasonabk sttorney i fee. ~
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This nofe may be prepaid in whok or in p~rt at any tim~ without ptnahy.
The prir.cipal amount of this note shall be payable in ten (10)
equal successive annual installments of $55,000.00 each, the first r
of which shall be due and payable one year from date. Interest on ~
the unpaid balance at 7$ per annum shall be payable annually with ~
the principal payment.
(Documentary Stamps in the ~
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amount of $825.00 affixed
to the original note and
cancelled.)
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; ~ . D E. GROVE , IN .
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ATTEST: _ _/~.:ir , , By : Gt-G' ~
R. "O. Bater, Secreta.ry David L. Walke= , President ~
r,o o~,. , s~?~ ~
BOOK ~1~t
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