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HomeMy WebLinkAbout0375 ~0 ~(~t d~ fhe same, toget~e~ with the lenernanta, heredifnnients anc~ nppurte- nances fhereto 6e~onging, anc~ !he rents, issues and pro~its therool. unto Ihe morfgagoe, in ~ee ti~npje. the mortgagor covenants with tl?e mortgages that the mo~tgagor is indel~..~bly seized oj aaid ~ lnnd in ~ee simple: thnt the mo?Igagor has good ~ight and lawf ul authority to convey said land as ajore- said; that the mortgagor will make such ~urther assurances to perfeci lhe Jee simple title to said land i~ the mortgagee as may reasonably 6e required: lhat the morlgagor here6y jully wnn~ants the title to said land nnd will de(end the snme agairut the luw~uj clair?u o~ all penons whomsoeuer; nnd that snid land is ~ree and clear o/ alI encumbra~ces . PROVIDED 81.WA}~S ~ t118t if said mortgagor St18].1 pay unto said mortgagee the certain promissory note hereafter substantially copied or identified, to-wit; : . ~ ~ $4~,000.00 Fort Pierce, Florida July 6, 1973 1 .'JR VALUE RECEIVED, the undorsigned, jointly and severally, promise to ; pay to the order of FIRST AIATIONAL BANK OF FORT PIERCE at P. 0. Box y70, Fort Pierca, Florida 33450, the principal aum of FORTY THOUSAND ~ DOLLARS, with interest at the rate of 8~% per annum from July 20, 1973 ; unti~ paid, in inst811ments as follows; ~ Ynterest to be paid in quarterly installments, commencing ~ October 20, 1973, and on the 20th day of January, April, _ July and October each year thereafter unti~. the full princi- ~.ai amount is paid in full. Principal to be paid as follow's: ; sum of $4,000.00 on the 20th day of July, 1974e :h~ s~:m of $9,000.00 on the 20th day of July, 19750 Tne sum of $9,000:00 on>the 20th day of July, 1976. - The sum of $9,000.00 on the 20th day of July, 1977. The sum of $9,000.00 on the 20th day of July, 1978. A late payment charge not exceeding 5% of the delinquent interest and/or ~rincipal payment shall be added to each payment remaining unpaid five days after its due date, and a like sum shall be added to each such ~ payment remaining unpaid five days after each succeeding payment date. i ~ ~ 'he maker reserves the right of prepayment at any time without penalty, I ~ .n whole or in part. 1 any payment be not promptly paid within 30 days next after the same ~ s ?,ecomes due, then, at the option of the holder hereof, the full arnount - ; remaining due upon this note shall thereupon bec ane due and paya~Ie ~ at once, together with all other indebtedness stipulated in this note ~ and in the mortgage given to secure the same. ~ ~ The makers and endorsers of this note further agree to waive notice of ~ non-payment, protest and demand for payment, and in case suit sha~~ de - ~ ,~rought for the collection hereof or the same shall be collected ~~on :~~:ma;.ci af an attorney, to pay all expenses of such collection, inciud- - ~ L:1~ a i~% attorney's fee thereon. ~ ~ ~ Docuinentary stamps in the amount SUNFLOWER GROVES, INC., a f; in the amount of $60 attached to Florida corporation original note and canceled. ~ersonally endorsed and guaranteed - By ~s/ HARI~N C. McVEY (SEAL) ~y: Harlan C. McVey, President ~ ~ /s/ NARLAN C. McVEY (SEAL) /S/ B~~ICE McVEY ~ Karlan C. McVey AtCest: (SEAL) Beatrice McVey, Vice Presiden~ ~ /s/ BEATRICE McVEY ~ (SEAL) (Corp a f f ixed )1 ~ - ° ;,~-a ~ ~ ice McVey c /s / NANCY McVEY (SEAL j gQ~X z16 PAfE ~~J ~ ~ ;~;cVey ~ ~i ~ ~ ~ ~`y, t _ - ~ ' ' ~ V ~ ~ ~°".u.~~~_ : =-e"- = . _ ; _ , ?";~"~'~,~'=`~~=i~Y'y.