HomeMy WebLinkAbout1225 ,
; 3'0 ~iaue and to ~otd t~?~ sn?ne, for~~f~~~r wif~~ 1{~~ ten~m~nls, {irrecrilam~nfs anc~ appurfe-
~ na++res ltirrelo E~elonginJ, nrttl th~ ~enfs, issu~~s nnJ proJifs (~~ereoj, unfo m~rf{~a~~e, in ~ee simp~e.
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, ~nd II~e mort~~a~~or con~?ianls u~ilh f~~~ morf~ac~~~ i~~af Ihe morlyago? is ine~efi~asiE>~y seizec~ o~ saic~
i ~anc1 in (PP simp~P; tlial tl« mortgnf~or I~ns nood riyl~t and ~airJul aufl~orily to con~~ey said land as a~orp-
~ saicl: tleal t1~~ mortc~agor ivill malre sucli jurl~~er nssurani~i•s to p~rfecl II~P simpl~ tifle fo sairl land iR I{eP
I mortgagee as nt~y ri~asw~al~~y E~~ rnquir~~r: I~~~f 1~ie mortga{~or ~~~~~~?y ~ul~y u~arranfs t~~e fi1~e !o sai~j ~anrl
i and will d~(erid 1{~~ sam~ nc~ai?~sf Il~i• Iau~~ul ~duims o( nIl p~rso»s e~~lioinso~e~~r; ar~d Il~at saicl ~a?ul is ~rrc
~ ant~ c~~ar o~ a~l i~ncumf~ranc~s exeept the fo3Zowing 1npTtgageS rec~rded .Z12 the Pub1iC
Rec~ords of St. Lucie County, Flvrida, to-wi t:
1. 1?tortgage in Official Rec+ords Book 201 on Page 808.
2. Mortgage in Official Re~ords Book 209 on Page 557.
3. Mortqage cu~der Clerk's Fi1e No.
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' ~rouided ~[ways~ f~~~t i~ sai~~ morfqa,ryor s~~n~~ pny w~fo sqi~~ morfc~ayec~ fl~e cerlain promis-
sory note hereina(f~r su'~stantia~~y copie~~~ or ic~enfi~i~<<, lo-~rii:
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583,000.00 Ft.' Pierce Ftw~da Octol~er .,~9 73-
~ FOR VAIUE RECEIVED ths undersipned promises to pav to ihe wder of ~
TRAFALGAIt..G~OMI!![INITY DEVSLOPERS, INC. ~ a Florida cc~rporation
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Ihe prmc~pal sum o( ....E29ht~-ThTBe _ ThOUShcld OoUars lS $3.000.00 ,
toqether with intsrest Ihereon (rom date, a~ ~he rate o! E1e.ttBA ......_..........per ce~r. per 8I21ltlal . unGl mawn~y. sa~d ~ntrrest
be~n9 patreble __dAAIIdII~ p~ the 4~ . day o( ~CtObE'T__._....._. . aad. .
each ycar, both princiWl and inreresr be~n9 paYabk in I.~wful money of Ihe U~iled States or i1s eqwvaient, af lI1 Fantainebleau Bovlevard,
1~I1dQL1 ~ Florida 33I26 _ .~;d pnnc~pal sum to be paY~blN on Ihe dates and m Ihe amounts speuLed below, 1o-wd.
$27,666.68 on or before October~4, 1974
$27,666.66 on or before October 4, 1975
$27,666.66 on or before October 4, 1976 '
~ - THIS NOTE MAY BE PREPAID IN FULL OR IN PART AT ANY TII~lE WITHOUT PENALTY OR
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; PREl~lIUIY TNEREFOR.
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~ ~ Each maler and endo.ser se•erally wa~~es demand, prorest and not+ce ol matu~ilY, non-paymenl or protesf and atl requiremenls necessa~Y io hdd sacA ol
~ IAem l~able as male~s an~ endorsP~s
Each ma?er and endorse~ (unher agrees jo~roly and severally, te pay aH cos~s oF coNechon, 'enclud~ng a reasonaWs atlornay's tee in case ~he W~~upa~ of
"t - rh:s no~e « anr pav~~r on ehe p•+~c~~al or a~y inle~esl Ihereon ~s no1 pa~d at Ihe respeurvt ms~u~~~r ~h~?ee~. o~ ceu J becomes e~acassarY ~o p?oteu the
~ securAy hereof, whetha swl be brought or nol
! Th~s noie and delerred ~rteresl payments shall bear mte.es~ ai ~he rate oif~.~~~'.~Tl ....per tent, pcr annum from matwdy unhl pa~d.
~ Th~s note ~a secured bY aP•M. 4~1 .morfgage d even date hcrew~th anQ is lo be construed and enforced accordmg lo Ihe taws d the S?ate o! ilor~d~.
~ upon default in the Daymen~ ol Dnnupal andia ~~~erest due on any nate secured by sa~d M,ortg:ige a!I notes ~o secured a~d remaming unpaid shall lorlhw~lh
~ become duP and payable rwlwi~hsiand~ng rheir renor HOLLYNI~OOD DEVELOPMENT CONPANY
~ : . 8~.- . . . PresiBent _ ~ied~?
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5 CORPORATE SEAL
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