HomeMy WebLinkAbout1873 . , i
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~o ~iaue and to ~iold I~~e sam~, to(~~~f~~er u~if{~ t{u~ frnemenfs. Iiereclitame?ils anc~ appurtr-
nam•i~s f~~Nr~to ~?~~~mi~~i?u~. an~~ f~i~ r~nfs. issu~s ai~c~ projils it~~er~o~. iu~to t~u~ mortgayee, in ~PP simp~p. ~
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~~IP ?norlqn~~or l'Ol'PIIAIl~S UR~~I ~~IP morlc~ac~e~ ~h~~ ~hp mo?tg~gor IS lflllP'PQS16~y SPIZPl1 OJ ~(1l~ i
~q/U~ 1?1'PP 51111O~P: ~~I(1~ ~~IP 1?IOt~(~A~O~ ~I~S 4~OOl~ lll~~l~ UR~ ~QlO~ll~ QU~~IO/l~y ~O CORDPy SQI~ IA/l(I AS ~jOM- i
saic~: I~~~t f~~e murl~~cu~or u~i~~ ma~e such (urfl~t~r assurances lo pe~jecf fhe Jee simp~e fif~e to sni~ ~and in the !
mortqay~~e ns may reasonn~~~y ~e requiretJ: f~iat f{~e morf~agor ~~ereby ju~~y u~n?rants Ihe tif~e to saic~ ~ancr
~ncl u~ill ~IeJ~~nd Ih~• same nc~ainsf flie ~aioful clnims o~ al~ persons whomsoei~er: and fleat said ~and is (ree ;
~«<l ~•1+>~~ ~J ~~11 P~~~~~m~~~~?~~~~ excepting the mortgage held by Hazel M. Travis ~
and ad valorem taxesfor the year 1973. !
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In addition to the relief inentioned hereinafter in the event of '
default continuing for 20 days, mortgagee shall have the right to '
have a receiver appointed without notice or bond upon commencement ~
of a foreclosure action by mortgagee. ;
Mortgagors agree to continue the normal and usual operation of the ;
motel situate on the property described herein and will maintain a'
reasonable inventory of furnishings and supplies and shall further
be obligated to maintain the appliances, mechanical equipment and
plumbing in a good state of repair. Upon failure of mortgagors to
; comply with the foregoing, the mortgagee may give written notice of ;
, (Continued on back of mortgage)
~rQV~~ 711w~s~ Ihat i( saic~ morlga~or shall pay unlo said mortgagee f~e certain promis- ~
t
sory nofe hereinaJfer substantia~~y copie~ or ic~enfi~iec~. to-wit: ~
QQO. QO Fort Pierce. Florida. 1 19.~.._
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x~r ~a(u~~~~~~~e~~ e~~ of us, promisa to pay, without defalcation, to the order of
a~
C ~tC,, at Pbst n~~i r~w Ann ~718 in Fort
Pierce, Florida, ihe sum of NI~IE?Y ~iZ~E THOQ$~iiD =?O/100---~----------~ DOLLARS
with interest from date at the ~ate of 7% per annnum, in ~A~ly instaliments as foliows,
~ 1,150.00 on the lst day ot ~h _ , 19 73 and a like sum
on the corresponding day of each like succeed~ng period thereafter untit the whole be fvlly paid.
E~ch inu~tlment fint sFwll be ~pplied in a~ym~nt of tM irnsnst and then on the unp~id balana of tht principal sun. If d~favlt is
m+~de te the paym~+~t of ~ny installment when dw. tMn N th~ option of tM holder. ~nd without any WMr notic~. ~11 tM nma:eirg
i~srallm~nn sh+ll be dw and pavable ~t once. Privil~y~ it 9iwn to psy tvw or more i~staltm~nq st ~e?y in~talkeMnt m~rwity date, but
this sh~ll not ~:tend t!r tLn~ of m~turity of ~ny suMapwm irotallemnt. NeNMr fab~arano~, nor ~aeptano~ b~r tM hoider Mnof ~Re~
any def•ult in any p+yn+.nt h.reon, shall ba deemad t:t.n~ior~.
Each maicK, wrety and endas~r Mr~of, ioiM1Y and aver~lly w~iw~ demand, presentmeM, protett and notio of protest fot noo-
D+Y~t, and funher sp~a~s to anr e:r~nsion of tim~ of payment, eiNwr befor~ w ~fitr matwiry. without notia w M+y of vsj and •
to pay all costs af aoll~ctio~n. Lxtvdi~g • r~aw~abl~ ~twrnh/s f~e in tM w~nt of sny d~fauh Mr~~?. a+d Mnby s~w~ally vwiws a11
ben~fir of hom~st~sd and e,cemption unda tFis c«rtin,~ion and laws of ead+ St~t• d tAs Unit~d ShtM. n ~ysint thia oblipatan or aMr
~ extsnsion a nmw~l hurof.
~mess tM huid and ~sal of wd+ p+~ty
~ tdotaith~tauding anythinq herein to tha eontrary, pzivileqe of
k
~ prepay~a~ent shall not eziat untii atter Dec~smber 31, 1973.
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~ 15,000.00 F~brnary 1, 3
~ a Fort Pierce, Florids, 1~
F r a e va~ ~ft~ erni ns. prom~ to y ont defalc`~on, e order of
~I~~~~~K18~~ D~`. ~F' R3c~res~ ~t~pa' Yee in 'Qiar~ot~e,
_ E, IN . gt North Carolln7! ~
2 ~1~4~4~~, the aum o~ *F~E~ DOLLARS
~ with in r~~~e~the rate ot ~ 96 per annum, in ~instalment8 as ~ollow ,
~ $5, OOO~~on the let day of ~r~ 19 73 and a~ike
eu~~re~t
~ on the c ndin da of esch like succeeding period theresfter until the whole be fully pai~
~
a a.a.n d
r; J m~e~ m te~ eas~t d~as R~a1~wt ~tis M~ j~ M tY ~If~w d UMi~ d~A11nt av elYe~ tl~ ~ ~
y: i tn.wm.na .e.Y a ew .a~ ov.w. .t a.w. lrl.lw. ls slw. t. w tw a a~.~ ~~..t w aiwefls a~1~, a.~
th4 a1y11 Dat ~stea0 t1y t~! d af~trlb ~f ~~1~~ ~IM~~f ~MT~M~ OOf MM/i~1M ~1 tM 101M! L~[M< <tbt
~ ans araon in w wa.s e«+a~. wa w r.~M sf~b.. ~
lto1~ a~lnt. wrets ~A ~e 1~~ 1~t!r ~M wwe~b. ~rtlw~ 1~w~~R 1lr1Mt ~ol OMiM ~a1Mt aoo-
nasmmt ~[~rt~r ~s*w to ~ns ~sf~erw rf tly d~afo~ ~It~~ Mfres r atMr ~rles ~pwt eotf» M w d aa aoQ
eo o~s aa ~ats d eeiUetlee. mel~Afes • ew~oeNY MMea~/~ ~ la tY Mrt d av Mtr~1t Lirwsd~t. ~oA ~Ms MraaUs ~a1~ ~8
e.n.rn or e~.w.a .n+ .~+.e .es~ w«..w.w. w ~r.. w. .e a. v.~w wa~ .s•~ e~ ewiowe ~~s ~
aomalon eT r.o..yl ti...oe. •
6: ~ilte~ 1M ~1~ a1~ wrl d~r~ 1~h• 1 if~ ~ p +~4~ ~
$ 1 L S~~ 5 tat~ sta~pe af f ix~d - ~(BSAL) C~2
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4~ to tl~ osigiuzl mt~ as~d ~aacelled. ~p ag
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