HomeMy WebLinkAbout0912 ~o ~inue and to ~iold ftie same. logether wilh ftia fenemenls, he?r~itumenis a~~d appu?fe-
nances fhereto 6Plong;ng, and 1he rents, issuns
and pro/i1s fhereoJ, unta the mortgapee, in f
ee simple.
~ Ihe mortpn~or covenanls wilh tl~e mortgn9ee tha! the mortgneor ia lnde~ecuibly seized o/ aaid
land in Jee simple; Ihat the mortgngor has good rigi~t and lawful nuthorily !o convey :a~d lwtd as ajo?~e-
said: ~har ihp mort~agor u~ill make sucl~ Jurther nssurances to pe~pct the fee simple tit~e to anId Iand in the
mo?I~aflee as m4y reasona6ly be requirecr: lhat the mortgagor hsre6y /ul~y warrnnta Ihe ftt~e fo :a~d la.~d
a?id u~ill clefend !he same ngains! the law~ul clQims o( all persons whomscever: and that said land is )ree
and clear o/ all encum6rances FYCFrT those taxes accurinr suhse~uent to ~eceTMber 31st,
1972.
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~rou~ded ~lways, f{~at iJ said mortgagor shall pay unto saic~ mortgagee !tie certnin promis-
~ sory note ~ereinofier su6stantin~~y copied o~ idenliJted. !o-wit:
For~ Pierce, c!o~icia, J,,.,. 1Srt, 1~
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r0~t tT~~T T-'~ ~iC~IS'yD the undersigned pro~ises to pay to the order of C. AL~EP.T BLOOD::O?Tti
ED~:L•ST ::LOOD~!02TH, AS Trustees under Trust Agreement dated July 23, 1957, recordcd in
Eoo:c 23~ at page 480 of the Public Records of St. Lucie Count~•, Florida.
and ti0/100
= Principal su..^i of NINETSEN ?8(1~OSAWII. Oti& AUNDRLD AND_ Z~iSNi?-lIVE .Dollars($~.aj2S.00-_
_~~~ether ~:it:~ interest thereoa from date, at t e ra e o- ~ 1 f2 per cent, per Annun _
til c~turity, said inLerest being payable annually on the qth day of t,,,.~
the sasle day & raonth of each year; both principal and interes[ being payable in lawful
E-.~.:~ey of the L'nited states or its equivalent, at Cherokee Products Company, fIaddock Geor~ia
~:--~d principal s~m to be payable on the dates and in the amounts specified belou, to~+it:
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6.375.00- together Frith interest on the unpaid- balance on *_M_ 1974, and
?;'-:e su~ oa Jim~ 9th 1975 and _T.,,,~ o*~, 1976.
~ i~ obligation ~ay be paid in i~~hole or in part at any tiff,e without penalty.
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~ Each na:er and endorser severally i~~aives de~and,.protest and notice of maturity, non-pa}r~ent
protest an~ all reluirements necessary to hold each of thee? liable_as naker and endorsers.
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~ zach r.a::er and endorser further agrees, jointl} and severally, to pay all costs of col- ,
~?_~tion, includin~ a-reasonalbe at~orney's fee in case the principal of this note or any payraent~
~ c~:: the _principal or any. iater~st th~reon is not paid at the respective maturity thereof, .o: in ~
i~ beco-:es necessary to pLotect the security hereof, whether suit ~be brought or not. E
~ This note &~~Deferzed interest pa}msents shall bear interest at the rate of 7E;: per cent, - ~
' = r annu~ fro:~ r~aturity until paic~ . i
~ f This r.ote is secured by a riortgage of even date h~re~~ith and is to be construsd `
~ enforced accordinR to the lacas of tne State of Florida; upon default in the_payclent of
~-,rincipal and/or interest due on any note secured bq said 2tortga~e, all notes so secured and ~
_~-:ainino unpaid shall forthc~rith .beco:nz due & payable not~,rithstanding their tener. ~
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JUNES Ii+tVE81?ffiPR' Cal~tPANY j~OS ?__Z..^`'"e*.`
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. ~ ~ ~ r ~?in ~aws Seal
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B Jaass Jr. Ssal
~ vi e~. parta~r
~ @4GX 2~c7 PACE 9~~ ~ ~ Jos~ J. dao~s Saal
. ea. Partaer
~r,:
- ~?id H Jor?an 3u1
~a M. . partn~r
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