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HomeMy WebLinkAbout2592 ~ 30 }lu~e and to ~iotd ?h~ somr, tuye!{ier wifh the teneme~nls. heredilament~ nncl appu?te- nan~~s ftiprpto ~~p~u~~~~in~~. nni~ Iti~ s~nfs. issuFS an~ pro~ils f{ipiPO~. unlu I~~P r?~orfgag~+, In ~rp simp~e. Tlnd 1hp morlg~gor cov~nanls w~ih ihP mortya~pe thaf th~ mo?tgagor is indefeasi6~y Sp~2Pd oj saic~ + ~~n~~ in J~P sim~~~~: Iliaf fl~e mo?Igagor has g~ riflht anc~ lau~f uI uulhority to convey suid Ianc~ as a(ore- ! snid; ~ha1 ~I~P mu?I~~u~or u•ill make such ~urtl~er assurances to ppr(pct the jee simple title b said land in Ihe I mo?I~~ac~~e ns ma~~ reason~6ly be requirpc~; ~~ha~ thp ma~lga,yor 1~~?e6y Jully u~a?ranta flte til~p !o sni~ ~nnd ~nd u'ill d~JP11(I (I1P same a~ainst the [au~Ju1 c[aims o( a[I ~rsons io/1UI11SOPPpI: and tf~al suid Iand is Jree ~ j anc~ cl~or o~ ~~(l pn~~um~~rnn~•ps 1 1 ~ i i ! , ~ S ~ 3 ~ ~ ~ ~ ( ' I ( ~rou~ded i~tways~ fhat ij saic~ n~ortgayor stiall pay unlo said mortgagee f~?e certoin promis- ' sory nofP hp~eina~fer st.bs~~.~rt~[l~• copi~~ or i~IPhli~iec~. fo u~if: ~ fORT PIERGE, fIORIDA, 19_.~ ' PAYMENTS INTEREST ~ OATC AMOUNT ~Al. DU[ O~T[ AMOUNT PAID TO For v~lue received, ~M undenipned pramise(~) ro p~y to tM ordN of tM ' t ~ _ ST. LUCIE COUN~fY BANK ; ~ - FORT PIERCE. RORIDA ~ i . ( ~ ths ptintip~l ~um of i Twenty Thou~and and No/ 100 - 20~ 000. 00 W~th int~rat fro~ date at tM r~t~ of 8~ per cent p~r snnum on ths unp~id bal~r+u uaH! p~ld. " Tht uid princ;pa! and ir~ter~st ih~ll b~ payabl~ ~t tM St. Luca Counry b~nk, Twt - Pierce, ftorida, o~ al futh olher pl~c~ ~t tM hold~r m~y d~siprut~ in writuq, wld principal to b~ paid ~t tF?: dat~ ~nd in tM m~nntr followinp: Paya?bte January 4, 19?4 principal $20, 000. 00, plus intereat ~ 1, ?00. 00 If defeult be made In any instsllment under this note snd if a~y such def~ult i~ no1 made yood within 30 dayt of ~hs da» of said d~fault, tM ~ntit~ o~~~c~pat sum and accrued intere~t shalt at once become due +nd pay~bls w~fhout notiu at tht option of the hold~r of this rqt~. Failura fo •x~rcis~ fhit opr~o~ shall not const~tute a waiver of the rigfit to exercise the same in the event of ~ny subsequent def~ult. In fh~ ~venf of d~fsvlt in fht p~yrew~t ot rh;s not~ and if fhe s~me is cotlecred by an ~norney ~t I~w rhe undersigned hereby ag~ee to pay sll costs of collection includ~np a nawe+abb ~tton+h/s fe~. Said St. Luc7e County Bsnk beiny expressly authorized to retain ~~y general w special deposif, collatersl, re~~ or penond ~curity or proc~eda thenof, befonging to either of u~, whethe~ ms4er, security or endo~ser, now w hereafter in posaession of aaid St. LucF~ Counf~r b~nk durinp tM tim~ thu not~ r~- me+nt unpaid and before or after matur;ty apply same to this or othsr debt or I~abiliry to •~id Bank, du• or to b.com. dw ro r1w hoW.r of this not~. ~ Presentment and p?ot~~t •nd notic~ ar~ hcrtby w~iv~d. . 190Z 5outh 8th. St. / s/ Claude H. Combs ~ ~ ADDREU ha I s/ Louise L. Combs ~ ~ i ; Boe~222 P~cE2591 - _ - _ ~