HomeMy WebLinkAbout1176 ~0 ~AVe i~INL W~~ lhe same, toget{~K wlfh fhs fenanant:. /~eredtfaneents and appurfs-
nances fhereto be~onging, an~{ tf?e ?ents, iuuea ancl proltta thereof. unto fhs morfgage~. !n ~e~ itmple,
Tillli ths rr~ortgagor covenants wif~e the mortgapee tl?ut fl?e mortga8or ia ind%,i6ty ssizec~ o~ sata~ ~
la?+d in ~ee sineple: ihat ~he morfBnpot hw gooc~ Hg~t a?~ laurju~ aut~oritp to rnnwp :otd Iand w njon-
aoId; lhat the mortgago~ wi~~ make ,~1~ /~.rehe~ ~,wn.~o., to per(rct the ~e~ iimpl~ title !o said Iand ~n th~ i
~o~egag~ ~ may ~o.tably be .eyotred: ll~at tke mo?tgagor h.~by (ully u,~n~t, tke eitl. eo satd land ~
and will de(end the same agatnst tl~e lau~rul claima oj nl~ p~nona who~nso~var; and tha! said land is fre~ ;
and clear oj ntl encum6?~ancei ~cept those tauces accrufng subsequent to Deq~xnber 31, ~
1972. .
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~V~1! ]'UW~s~ that I~ said ~„o.ea~o~ ,kaU ~y anto satd mortgapee t~t c~Hain promia-
sory note hereinajte~ subsranesQlly copied or ldentijted. fo-iuit:
~-_-~,193.?~ Fort °iarce, Floricla, July 28th, Ig73
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FO'; "~tiL*
r RECEIL'ED the undersigne~ pro~eises to pay ta tt:e order of G. ~IL~ErT BLOOD:-.'~RTit
C, Er.:;T'ST ::LOODI?ORTR, 11S Trustees under Trust ~~reenent dated Ju1y 23, 1957, recorded in
~~ed Eo~lc 23~ at page 4$0 of the Public Records of St. Lucie County, Florida. !
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*:~?e ~rinciaai suc~~ o ~~SAND ONE HUNDRED t~INETY THREE AND 75/100
~ Dollars($ 2,193.75 ~
~a~etiter ~~it'~ interest thereon from date, at tne rate o£ 7 1/2 per cent, per Annuri E
u;:til riaturity, said interest beinp, payable annually on the 15th day of AuQUSt ~ y
azd the sa*~e day & month of each year; both principal and interest being payable in lawful !
~,oazy of tae iTnited states or its equivaleat, at Cherokee Products Company, Etaddocl_, Georgia ~
=aid principa~ s~t to be paya~le on the dates and in the amounts specified beloca, to-wit: ~
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? ~~L_2~ together iaith interest on the unpaid bal.ance oa Auqust 15, 1974, and F
~ li:_e sur.t on _ Auaust 15. 1975 and Auyust 15, ~ 197b. ~
='.:is obligation txay be paid in whole or ia part at any time ~rithout penalty. !
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Each ~a~er and endorser severall,y ~~raives demand, protest and notice or maturity, non-payneri
~r protest and all requirenents necessary to hold each oE then liable as ~aker artd endorsers.
Eacn ~a~cer and endorser furthex agrees, jointly and severa2ly, to Qay all costs af coI-
i.~ction, including a reasonalbe attorney's fee in case the princi~al of this note or any pay~enC
on the princioal or any interest thereon is not paid at the respective maturity thereof, or in
c.tse it becojes necessary to protse[ the secur;ty hzreof, ~rhet:~er suit be brought or not. -
This note ~ Deferred interest nayrents shall bear interest at_the rate of 7~~. Per cent, t
p~r annuri fro:.i maturity until paid. ~
This note is secured by a first nortgage of even date h~rewith and is to be construed.
enforced accordinR to the la:~s of the State of Florida; upon default in the payment of
;:rincipal ar.d/or intereat due on any note secured by gaid :iortga~e, all notes so secured and .
°--~~ainin~ i:r?paid shall forth~~~ith become due & payable notwithstan~ing their ten~r. ~
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