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HomeMy WebLinkAbout1333 i' ~ ~ ' I ~ 2 ~o ~aue and to ~lotd f~~P snne~, !e~{~rl~+e•r u~il~i l~ir teneme~~la, he?editumpnts un~~ uppu?f~ ;j /IA/ICP3 f{~~rnfo ~?~~un~~in~. an~ f~~~ rc~n~s. issuc~s an~l pro~ils f~irr~o~. untu I~~r rliortgager. t?~,~e+e ~lrijA~~. I ~ • • ~ ~ ; ~in~ ~~e morf a{ or c•o~~~npnls wilti f{~~ mort agee l~~at i~~e mo?f a or is inc~e paaiti~ seizF~ o saic~ ~ f1 1 0 9 9, ~ Y ~ j t :i ~~in~~ in sim~?(e: 1~~a1 f~ie morlgac~o~ {~as goo~ right anc~ ~awju~ aultiority fo co~u~ey said ~ancr aa afore- soi~~; f{~ut I~~P mo?ff~n{~ur u~i~~ ma~e sucti ~urlher assu?artces to pe~jt~ct thP (ee simple tit~e fo saic( lnnt~ in Ihe - ~7 ntoA,rya~~e~ ac m~y re~asona6ly ~~e re~ryuireKl; that t{~e morf~a~or l~ere6y jully wa?rants the lilG+ !o saicl Iuncl on<f ~oi~~ ~~v~~~n~~ I~~e same a~ainst f{~e ~nw~u~ c~aims o( a~~ persons w~omsonver; an~ ttia! saic~ [anc~ is ~ree a?id cle~ar u( all ~nrumhran~es EXCEPT TNOSE TAXES ACCURING SU$SEQUENT TO DECEI~BER 31st ~ 1973 ~ ,I ~ ~ ~ ~ ~ , ( if . ~ ii ' i !i 1 j . ~ i ~ ~ , ~ i ~ . i ~ ~rou~ded ~lways Itiat i saic~ morf n ur shall ~ morlgagee ftip certain promis- ~ f j 9 9 Pay unfo sai i ~i sory ~~ofe ~iFr~ina~l~r su{,stanfia~~y ropip~ or ic~entiJiec~, lo-u~il: ~ S 2~~92~.00 " Fort- Pierce, Florida, JAnuarv 2[-th 19 74 FOR ~~ALUE F.ECEIt?F.D the undersi~ned promises to pay to the order of G. ALBERT BLOOD'~?'OR [ aad G. ER`:EST BLOODHORTH, as Trustees under Trust Agreement dated July 23rd, 1957, recorded in Deed Eook 230 at page 480 of the Public Records of St. Lucie County, Florida. ~ the principal sum of TWO THOUSAND ~ NINE HUNDRED & TWENTY FIVE~a~a ~~~~~s($2,925.00------) ; together with interest thereon from date, at the rate of ~er cent, semi-annually i until ~turity, said interest being payable Semi-annually on t e 7ti, day of AuRust. 1474 , and the 7th day of February, 1975 and semi-anaually thereafter; hoth principal and interest ' ~a_ing payable in lawful money of the United States or its equivalent, at Cherokee Products ' Ccrmpany, Haddock, Georgia 31033said principal sum to be paqable on the dates and in the a~.ounts specified below, to-wit: . Payable in Five(S) successive equal ser~i-annual installr.:ents of $ 585.00 each, plus interest cn the u~aid balance. First payment due six (6) r.~onths fror~ date and semi-annually there- zfter, uatil said principal sum and interest dc~e thereon are fully paid. The r~akers reserve ~he riRh~ to prepay same in ~:*hole or in part at any time, without penalty. i ; Eac~: maker and endorser severally waives demand, protest and notice of r.iaturity, non- f oa}r~er.t or protest and all requirements necessary to hold each of them liable as r.~aker and ; endorsers. - ; Eacn naker and endorser further agrees, 3ointly and severaZly, to pay all costs of col- i lection, including a reasonable attorney's fee in case the principal of this note or any ~ nay~ent on the principal or any interest thereon is not paid at the respective maturity thereof,: ; - ~ or in case it becomes reecessary to protect the s~curity hereof, whether suit be brought or ~ ; not. ! This note & deferred interest pa}m:ents shall bear interest at the rate of 8 L per cent, ; s~:~i-annually frota maturity until paid. This note is secured by a mortgage of even date herewith and is [o be con- scrued a*.:d enforced accordinR to the laws of the State of Florida; upon defauZt in the payraent o: princi~al and/or interest due on any note secured by said rtortgaRe, all notes so secured ar_d re~ai:~ing unpaid shail.forthwith become due & payable notwithstandinR thEir tenure. ; • ,Q , t ~ ? ~ CL LC~LLLG2;~' t~ ~'Li`C~-~Ll QJZ_ (Seal) i ~ • , , ~ f ~ - (Seal) I~ ; ~ ii eooK 223 ~3~ !I