Loading...
HomeMy WebLinkAbout2156 - , t 10 ~t ~ W !he snme, togetl~er wllh tAs ienernQnt~, hf~ilamenb ar~d appurt~- ~ .nances thereto belonging, and llee rent~, issues and profits therooj, unto Iha rnortgapo~, in Je~ iimple. ~ i 7f111~ fhe morlgngor co~enants wifh the rno~fgnges lhat tl?e mo~fgagw ta i?ulejeaai6~y ieizec~ of aaid lnnd in fee aimple: that the mortgagor has good ?ight and lowjul authoriiy to con~ey sutd tand w a(ore- snid: that. the mortgagor w~l~ ma~e such (wlher asaurances to perfect the ~ee si~nple tille to said land in tl~e mortgagee ,os may re~onably 6e requi?ed: thut the morlgngor hereby ~u[Iy wana~b the title eo said lend and wil! d~(and t1~e same against t1~e lnw~ul claima o( aI1 persons whomsosver; a~d thnt aaid land ia /ree nnd cte~y o( aI[ encum6rances . PROVIDED 8lw8ys ~ thSt if ssid mortgggor sh811 pay.unto said mortgagee the certain promissory note heresfter substantially copied or identified, to-wit: ; l ~ S4~,OOO.nO Forc Pierce, F~orida July 6, 1973 ~ J ~~t VALUE RECEIVED, the ved~rsigned, jointly and severally, promise to ~,ov to the order of !'IRST 1~tATIONAL BANK OF FORT PIERCE at P. 0. Box ~70, Fort Pierco, Florida 33450, the principt~l tum of FORTY THOUSAND DOLIARS, with intere~t at the rate of 8~ per annum from July 20, 1973 unti~ paid, in in8tallmente as follows; Tnterest to be paid in quarterly installments, commencing October 20, 1973, and on the 20t~. day of January, April, July and October each year thereafter until the full princi- ~a, amount is paid in f~:ll. : rinc:~al to be~ paid as foZlow's : T'r.a sum of $4,000.00 on the 20th day of July, 1974, ~he sum of $9,000.00 on the 20th day of July, 1975e 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. 4 ~r1 > ~ s . _ . A late payment charge not exceeding 5% of the delinquent interest and/or ~•rincipal payment shall be added to each payment remaining unpaid five .~ays after its due date, and a like sum sha1Z be added to each such aayment remaining tmpaid five days after each succeeding payment date. :'he maker reserves the right of prepayment at any time without penalty, .n whole or in part. 1 any payment be not promptly paid within 30 days next after the same - ~ec~mes due, then, at the option of the holder hereof, the full arr~ount ; remaining due upon this note shall thereupon become due and payabie ; at once, together with a11 other indebtedness stipulated in this note ~ 4 and in the mortgage given to secure the same. ~ ~ j The makers and endorsers of this note further agree to waive notice of ~ non-payment, protest ~nd demand for payment, and in case sui~ shal~ be _ ` :.rought for the collection hereof or the same shall be collected ~pon ~ ' :~c??a.-,~ ar, a;,torney, to pay all ex~enses of such collection, ~nc~ud- ~ ' ~ng a 10% attorney's fee thereon. i € 'Docuinentary stamps in the amount SUNFLOWER GROVES, INC., a ; in the amount of $60 attached to Florida corporation original note and canceled. ` Personally endorsed and guaranteed By /s/ NARLAN C. McVEY (SEAL) ~ ~ oy: Harlan C. McVey, president /s/ HARI~fN C. McVEY (SEAL) Attest: ~S~ BEATRICE McVEY (SEAL) = narlan C. McVey BeBtrice McVey, Vice Presiden~ /s/ BEATRICE McVEY {SEAL) (Corporate seal ; ~ .:~P.:~ce McVey -affixed) ; /s / NANCY McVEY (SEAL j EODlt PACF 375 ; - . vev ~ !i s..R~?~~ ~~~~2~57 ~ ¢ ~ ~ _ a - , ~ ~ - . .k~~.