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HomeMy WebLinkAbout1753 ~ . ~ 1~ 7~iYe ~1V~ ths same, toget~er wifle t~e tenemenls. ~e~itamenla and appurte- nances fhe?efo be~onging, and f~e renls. issues and profifs ttieroo~. unto I~s mortgagN. i~ (ee aimp~e. nIW the morlgagor cot~e?~anls wit~ ttie mo?tgages fhaf t1?e mwtgagor ir tnd%astb~y aelzed oJ aaid [a~d in ~ee airnp~e; thal the mortgaA~ ~ A~ ~A~t and lawfut authortey ro conue~r aatd ~o?~ w a~on- said; t~at the morlgagor wtll nwke such /urther asswancea to per/sct !he ~~e ~in~p~e ftf~ fo sntd ~und in ttie rnortgagee as may. ~o.tablr b. .~~.gd: ~hat ih. mortgagor k~nby /u!!y u,a?rana the ~t~l~ eo :atd !a.?d and will dejand the sams asuirut the laur~ul claims o/ nll pe?sons whomsotver; and that satd !~d ts Jree 1 and clear o/ al! encwn6ronces . ~ ~ . V~ ~~s~ thnt if said mortgagor shnll pay unto snid ntortgagee tjee certafn proinb- sory note /~ereinajter sa6~e~~~Uy copied or i~entified, lo-wit: - - ~ ~ - . ~ 4 ~387.54 For[ Pierce, Floricea, iltz~. 22 FOR ~'~1_T.T':. p.~C~IS'~D the undersigned pro~aises to pay to the order of G. AL~EF:T BLOO~:fiRTTi ~'G. E2:ESi rL~D:~OBTA~ AS Trustees under ':'rust Agreecnent dated July 23, 1957, recorded in ;~ed Book 23J at page 480 af thz Public Records of St. Lucie Count~•, Florida. t:~e principal sun of FOIIR THOUSAND THREE HtJ~1DRED EIGHIY__SEVEN b NO/1~Pllars($4.387.50- --=1 ~c~ether ~rith interest t~ereon from date, at the rate of 7? ~2 per cent, ~er Annuri _ uztil naturity, said interest being payable annually ~ on the 12th day of AuAU~t a,~ the sa..^~e day & month of each year; both principal and interest being payable in laaful .oaey of the L•'nited states or its equivalent, at Cherokee Products Cor~pany, Hnddock, Geor~ia said princi~al sua? to be pa~able on the dates and in the amounts specified beloc~, to~~it: ~ 1,462.50- togethex ~~rith interest on the w-?paid• balance on Aut~ust I2th L 1974, aad s like suc~ on August 12th. 1975 and AuQUSt 12th~ 1976. ::;is obligatioa ~ay be paid in whole or in part at any ti.me withoat penalty. f _ . . . . i - ; ' t ; Each raker and endorser severa2ly vaives denand, protest and notice of maturity, non-payaett~ protzst and all reRuirew~nts nscessary to hold each of them liabie as ciakeY and endorsers. ~ Each ua~_er and endorser further agrees, jointly and severally, to pay all costs of col- ; :~ction, includxn~ a•reasonalbe attornay's fee in case the principal of this note or any pay~ent~ oz~the:pr3.ncipal or_aay..inter~st thereon is not paid at the respective maturity thereof,_or in ~ c~:te it becores necessary to ~protect the security hzreof, whether suit be brought or not. ; , This note i4~"Deferred interest payments sha11 bear interes[ at the rate~ o€ 7~~. ~er ceet, - i ~~~r annur~ fron maturity until pai~. - = This note is secured bq a nortgage of_even date here*.aith and is to be construed ~~d enforced according to the lac~s of the State of Florida; upon default in the_pay~?ent of principal and/or interest due on any note secured b'q said itortgaqe, all notes. so _spcured and :-E : enaining unpaid sha11 forthc~rith becoaee due & payable notwithstanding their tener. ! ~ . ~ i~l-~a-~u -v~~ ~?I ~ _ (Se ~I). - sa e M. Ronca ~ . - (Seal) ~ ~ _ . . . . " - - . . . ~ . , ~ R 2~7 ~~f1745 6DOK F3 _ ~ - ~*~-h:7(-~.~ _ ~ : ~Z _ on`. r . - - _ . ' s_ a~.w~c._-a"~-,~s~,'r'~~^