HomeMy WebLinkAbout0546 ~0 ~t ~ W t~e same, togeth~ wtth t~o t~n~me~b, hsrtdttamtnta and appurf~-
nanc~ea thereto 6elo~ging, and th~ ronb, issues and pro(ifa thereoj, unto fhe ~nortqaqK. tn ~~r sbnpls.
• ~11d the neor~gagw rnvenanb w!!h tlee mortgagv~ t/~at t1u inortgapor ia ind~j.wt6iy s.tz.d oj ,otd
•~~dnit'~n.fet slinp~i: fhaf tl~t morlgagor ha ~oad rtgl?! and ~awfuj authority to conwp aatd land os a~on-
aaid;_•t1~Ql f1}s rnortgagor wil! nwl~! auch /urthn a~sw+ancw to pt?f~ct fhe fee stmp~ tit~ to satd ~and in t1~e
mo~e~aBee os -n~y ~~,o?~bly 6. ~.tmd: that tlua mortgc~or hm6y jally ~o..~a ~h: ~~~b ~o s~d land
" n??i{ w~l~ dejend the aam~ opaintt tl~e lawJul claima oJ aU p~?sana wl~onuo~w?: and IT~at said [and 4 jre~
: a~d,~l~o? of Q~1 •~6~~., PROVIDED AI~TAYS, that if said mortgegpg shall
-pay unto eaid mortgagee the certain pranissory note hereinefter
- substantially copies or identified, to-wit:
$~~,~0~.00 Fort P~erce, Florida August 3 1973
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.~Ok VA;.;.,rE RECEIVED, the undersigned, ~ointly and severally, pror...:se
to pay to the order of FIRST NATIONAL BANK OF FORT PIERCE at 0. ~
Box 970, Fort Pierce, Florida 33450, rhe principal sum of FIr
Y
T'riOtISA\'D ~OLI~RS, with interest at the rate of 8~ per annum from
.:ate unti: paid, ~n installments as ~follc~ws: ,
Interest t~ b~ paid i~n quarteriy installments, corr.-
mencing Junuary 1 - , 1973, and on the lst
day of Apr~l, July and October
each year thereafter until the full principal air.ou:~t
is paid in fu12.
Principal to be ~a~~ a~ zollows;
The su.-n of $10,0uG.OG on Gc~ober 1 , 1974.
The sUr:. oi $i0,000.00 on Octoder 1 , 1975.
~he sw;. of S i;, , 000. 00 on Oc tober 1 , 1976 .
T'ne sum o~ ~~C,~00.00 on ~ n~r~hPr ~ , 1977.
Th~ si:.:; of $:v,000,00 on ~~~one~ Z , 1978.
A lote payment charge not exceeding S% of the delinquent in~erest
~~d/or principal payment shall be added to each payment remaini:.g
:.:l~a~d five days after its due date, and a like stun shall~ be aCaec. ~
aac:~ such payment remair~ing unpaid five days after each sLCCee~-
$ payr;.enr date.
~.~e maker reserves ~he right of prepayn;ent at any time without
~e.laZty, in whoZe or ' in part .
' any paym,er.t be not promptly ~d~c within 30 days next after tr.e
~...:,e becomes due, then, at the op,:ion of the holder he:eof, t;~e fi~~
' ~.:.3~,:.:. rer.iaining due upon this no:.e s:.all thereupon become due ana
' ,...yadle at once, together with a:.i other indebtedness stipula~ed in
i no~e and in tne mortgdge g~ven to secure the same.
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; :.ze makers and endorsers of tr.is note further agree to waive no~ice
` non-payment, protest and demand for payment, and in case suit
` ~:~ll be brought for the col~ection hereof or the same sha11 be
i .:~:.lected upon demand of an attorney, to pay all expenses of s~:cr:
' ~:ValCC1.lOYL~ inciuding a 10% attorney,!s fee t~e eon.
E ~
State Documentary stamps in the ~~~t/ ~ 1
amount of $75.00 attached to /s/' ./L-/,-~,~i~ . _ •
_ . - (SEA,. ~
; original note and canceled. A t~:~DiVag
~ - ~
/s / . 1~C._~ r'. f (SEAL) /s / . , .r (S..F,L j
` '::~~odora K. b~c:~~o~
rc A~'iine DiVagno
~
~ ~g ~ ~ i ~ ~
f~ (SEAL)~g : ~ (SF.?iL)
~ - - -
S .:.u~ies tc. P. Brown, Howard L. Bickfor
; ~i.:.~:.~c;~c:~~i~fi~dc as Trustee
3 ~
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