HomeMy WebLinkAbout2113 ~o ~iaue and to ~old 1E~~ same, fo{~~f{u•~ ~oifh t~e fenemr~ifs, {~eret~i(am~nfs and Annu•~Q-
nances Ihprelo ~?e~uiu~inc~, an~~ t{~e rnnts, issues anJ pro~ils f~~erpo~, unfo f~i~ murfgef~ge, in ~ec? simp~~.
]Zn~ II~~ ~nortgagor c•ovetiants wifl~ t~~e mortf~ager I~1At I~P mort~ago~ is in~e~~~asi~?~y seiz~c~ oj sni~
~pfl~ l11_ ~PR SII/l/)~P: ~~IA~ ~~IP R10~~(~Q~O? ~1115 ~OOI~ It{j~~ 11111j ~(IU~~lll Qll~~lO~l~y ~O l'OIII~Py SQId ~OItC~ QS Q~O?P-
saed: fhal fl~e morl~~a~~or ioi~~ maRe sui•1? ~urlli~r assurarurs lo p~rfecl tGe (re simple lille to said ~and in Ihe
morlgagee as moy r~asonah~y ~?e r~quirecl: I~~at f{~~ morlga~or ~iFr~~{~y ~u~~y u~a?ranis f{~e til~e to sai~ ~an~~
nnd wil! dP/pnd tl~~ sam~ ~~~ainst ~h~ Im~~(ul clainu o( all p~~rsons iol~omsoei~~~r: and thal said land is Jrne
and clear oJ ~Il ~~~~~~m6ranrc•s except taxes accruing af ter December 31, 1972 .
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~`vV~~~ ways, I~~al iJ sai~ mortgnc~or s~~a~~ ~~ay unfo sai~ morfgnc~ee 1{~p cerlain promis-
Iti sorv note 1?ereina(ter su6stantiallv copied or identi(ied, to ioil:
s_983000.00 ve~o eeach, F~o.ida_-- Jul~_18a-------. 1973
AS hereinalter BBt Ollt _ ~e _.__aher dste, 1, we or either of us promise to pay to tF+e order 1
- Florid~ First l~Tatioua~l Banl~ at Vero Beach
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l~inety Five Thousand and no/100-------
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~~~~a, ~mbk at__ Florid4 First National Banlc at Vero Beach
- 1001 ~20th Pl. ~ VerO BeaCh~ FlOtlda - wtth ~nterest
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" •ith principal
frort?__ast~ ----_~~t the nte of--•-8~ Per cent per annum until paid; interest payable
Md esch ot us whafher m~ker, gwraraa or endorssr, F~ereby severaily wsives and rerauttes +nY snd NI Fwmcstesd exennotia+ ri¢hts wt mal/
i have w+da t1w Cw~stitufion a Lsws of the Stat~ of Florida, or any othe? St~te or Urited States, as asa:rst this note: sM each futhe~ wssves denwd,
i rwtioe of non-payrnent and p~otest, a+d i~f ths event it becomes nsceswy to collecf this ~ot~ tMa+~ an attaney, agrees to psy all costs of collection,
~ includir~ reasenab~s sttwna~/s fee.
` tf defsult b made in paymerd when due, then at the opti«+ of the hotder, and without any other notice, all the remairwnQ~ bslann shsll
4 - he due and wYabie et once.
; Thie note ehall be pay~ble in 39 qusrterly p:y~ents oi ~1,583.33 plue
~ interest on the nnpaid balance and a 60t6 quarterly paysent oi
~ ~1,383.53 plus interest on the unpaid balaoce with the iirst qwrterly
k pay~ent due on October 18 19T3 and continuieg--each and ever~ tbree
~ awntt~s thereatter until ttie entire balance o! principal aod interest
~ shall be paid in luli. The a~lcer hereb~ reeerv~es the rigtit to prepay
~ this note in whole or in p'?rt at any ti~e ~ithout penalt~.
Doutbit College Groves, Inc.
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~ gy; /s/ Claude Douthit, Jr. 3RAL
~ @8 D
~ Attest:/8/ Nanc S. Douthit
r Corporate Seal- . Y
~,~et~y-_-----------_ s~~
~ /s/ Claude Dou , . _
x: No.----- - Due---- CIHIIi~~~~t-~
sT!`. -III~V'fiZtI7lJI~ SE/'?L
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