HomeMy WebLinkAbout0320 MORTGAGE DEED - Page 2~ao
~ 50,000.00 ,s" ~ ~9?~
~ = Fort Pierce, Florida Ju
]~n tqtQ, (~1_lqual annual in~tall ~°nts o! ~25,000.00 ~ach, aqinninq
Q after date, 1, we or either of us promise to pay to the order of
svw a~?xic o~ go~r pisxcs
FI1~TY THOUSAI~ID 11I~1D NO/104---------------------------------------polwRS
for value received, payable at 700 Virqinia ~?v~snue. Fort Pieraa, Florid~ 33450
wifh interest
hom date at the rate of $'1 Z pe~ ceni per annum until paid; interest payable a~~11~L
!f defiub is mad~ in ~y p~yment when dus and conNnues fo~ 30 d~ys, tiw~ at tht option of ths holder, ~nd witF+ouf aay otMr notice,
•II ths ~~maininp bal+~ sh~ll b~ dw ~nd paysbA st o~ce.
Md ~ad~ of us whetMr m~ker, ywra~tor or endors~r, hereby s~veraiFy wsews and r~es ~~r a~d dt haneatsad ~xemption rights
w~ may Mw und~r the Corutitution or taw~ of the Stste of Flwid~, w ~ny oN~sr Sute or United Stat~s, u agairot this noro; ud esd? furN~er
w~ivn dsm~nd, notic~ of ~p~ymeM and protest, and in went it becwnes nsopsary to colkct this note tluouph +n sttorn~y, ~pre~s ro pay
~II coah of colMction, indudirg re~aonabl~ ~twn+~y i faa.
Thh nofe may b~ pr~p~k! in whole w in pWf af ~ny fime witho~f penahy,
S/ RiCHARD G. STEBBINS (Ssal)
C ar . :id
V. R. GORHAM, JR. (seal)
. R. Gor , r., v ua y and
as Trustes o! Gorham Construction
~ Canpany Smploye~ Pro~it Sharinq
Trust
$75.00 documantary stamps S/ JACK GORHAM (eeal)
affixed b original note Ja Gar am, y ua y a as
and cancelled. - T=ustea o~ Gorham Construotion Com-
pany Employse Pafit Sharinq Trutt
S/ V. R. GoRH1~r1. 9R • (seal)
V. R. Gor am, Sr., v ua y
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i and shall perform, comply with and abide by each and every the
agreements, stipulations, conditions and covenants thereof, and of
; this mortgage, then this mortgage and the estate hereby created,
shall cease, determine and be null. and void.
' AND the mortgagor hereby fully covenants and agrees to pay
promptZy when due the principal and interest and other sums of
money provided for in said note and this mortgage, or either; to
~ pay all and singular the taxes, assessments, levies, liabilities,
obligations, and encumbrances of every nature on said property;
to permit, commit or suffer no waste, impairment or deterioration
5
F~~~ 3~~
NEILL ORIFFIN JEFFRIE9 S LLOYD
_M~1RiE~7E0
v O BOx ~270. ~OR7 PIEFiCE. ~LORIOA 33a50 - TEtEAItONE 305 ~64-82C0 ~
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