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HomeMy WebLinkAbout2157 ~o ~ue and to ~iold t{~P sam~•, I~~rll~r~ will~ Il~e IP/Ipf11P111l, IINPtIIIQ~11Pf1If an~~ appwle ~IAlll'AS 1~i~rc~lo ~?~~~un~~ing. an~~ 1~~~ r~nfs. Issr~NS an~ pro(ils Iti~rpo~. tu~fo I~~e I11UIIq~1~PP. If1 ~pr simp~p. ~1~{1 1{~e mo~lf~ngur co~~~nanls u~il~~ ({~e mo?igagee Itia! (he morlga{~or is in~~r~~a:ib~y sMiz~K~ oj saic~ lan~l in ~~P simplr: Il~at the morfgagor has good right and lau~~ul aulhority to com~py snid lund as ujorr- sai~; f~~at Ih~ murf~~agor u~i~~ make suc~ (11?I~P~ qSSU~AIICP! fo perlecl Itie jPe SIIIIPIP fil~e fo saic~ ~an~ Jn Itie n~o?I,ya{~ee as mny reasona6ly be required: fhal tl~e mortgapor {~eref~y jully warranls tl~e litle 1o said land and u~ill dP~er~d ~he same against Il~e lawJul claims o~ all persons u•homsoeve~; and that sa~d land is Jree and cl~nr o/ all pncum6mnces except tSXes accruing subsequent t0 December 31, 1972 and a mortgage to Roy L. Aldrich, Jr, and Patricia L. Aldrich, his wife, dated September 11, 1971, and recorded in ~ Official Record Book 195, page 2268, public records of St. Lucie County, Florida. , , ~ I . ~ ~rou~ded ~lways, that i~ said morlgagor shall pay unto sait~ morlgagee Ihe certain promis- sory nole tie?eina(fer suhstantinl~y copied or idertfi~ied, to-wit: ~ 81~,.978.81 _ rero sesch, F~ !~ril 3:---______~___.,~9~3.. he~:~ins~ter__~s~4u~--------------- ------_--------~r,~ a~~, i, we a r~~ ~ w,~ ~o ~,e BENTURB , INC. , a Florida_ _corporation Eighty-one thousand nine huadred seventy-eight and 81/100 - Hi~ ~~d, o~w .t- ~ ~ - - ~J_a~1.3~1974~t the nte ot 7-1 2~ _ p~ c~t pe~ snnun~ unti~ paw; ~nterat wyab~e._ ~1us11Z? _ _ Md ~ad+ of ~s whetlw nutr. N+?snfa or «idwser, hK~by s~wraly watv~s and neouncaa ary and al! hom~stwd e~o~n+atbn d~fs'w~ msf? - hrK urdw tM CoKtMtAion or L~NS ot th~ Stah ot FWrid~, a ary otlw Stafe, or thtited Sta~es, as aplnst tha note; and esch further walws dee+~nd. notioe of non-PaYn~ent and P~, ard in the evenf it beoanes neaeasay to oo0at tNS nd~ tMou~h an atfanry, aRws to psy aM oosts of oalKtion. kKiu6rK na~awEN Mtorr~/s f~e. ~I If dsfsult k e~ in v~~ wfNn dut. tMn at the optian of th• hotdK, ard without +~Y otMr nofiu, a11 the nmairrn~ Dalanu shap ~ T~iis note shall be paysble as follows : . =16,395.76 plus acctued iaterest oa~ the uapaid bslance on April 3, 1974. ~i6,39S.76 plus sccru~ed interest on the napaid balance on April 3, 1975. 16,395.76 plus-accrued interest oa tha unpaid bslance on ~1pri1 3,-1976. ` s16,395.76 plus accrued interes~ on the impaid balance on April 3, 1977. ;1b,395.77 plus accru~ed interest oa tha unpaid balance on April 3, 1978. ' Each monthly psya~ent shall apply first to the- sysent of interest an~ . than to principal on the unpaid balsnce. Pri~lege of prepaynant prior to April 3, 1974 is reserved to the maker in aa asou~tt not to exceed ~ ;17,000.00. Privilega of prepsy~aent in xh~le or in part x~thout penalty subsequent to April 3, 1974 is reserved to the ~alcer. This nots is sacured by a rasl estate sortgage of evan date aad is subject to the terms aad conditions theroin auprsssed. Ls[ Ben D. Emerson SER-~D: ~Dl~'"____----------------------- ~V ~ _ ~ Js/ Ellen S. Emerson~ . ~ - ~ " ~ eao~Z12 PA~2~.57 ~ : - ~ _