HomeMy WebLinkAbout2623 ~o ~iaue and to ~iotd 1~~P sunie. fu{~r/~~e~ wit{: f{~e lenemai~fs. {~ere~~ilumenlt an~~ appwfe
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ncu~c~s I~~~rrfo u~ u~~! u~~. an~ f~~e renfs. issues uni~ ~ro ils t~irreu . unfo IhP morf a ne. in ee sim
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1~ nn~ 1~ie morf~~ar~or mi~~~n~nls u~ifh 1~~r mort{~agee Ihaf !tie morl~agor is in~e(easih~y seizrc~ u~ sai~
j ~unr~ in j~ simp~r; t~~at f~~e morlgagor tias goocj ~ight ar~c~ ~awjul aufhorily to co~vey snicr ~a?i~ as a~ore-
~I sai~~; f~iat 11~e mo?1{~a{1o~ u~i~~ ma~re such (urlhe~ nssuranres lo per(PCt 1{~e ~ee simp~e lii~e to soid Iand in Itie
ii morff~a~eP as may rnasonn~~~y ~,e requirecl; Ihaf t{~e morfgapo~ I~ereby fu~~y wanants Ihe fif~e to sQid land
f~ nrui u~ill defPn~I If~e same agninst Il~e lawjul claimo oj aIl perso?u wl~onuoever; and Ihat said lund is jree
and clear of al~ encum6mnces ~ except t8X@S BCCril~.tlg subsequent t0 December
31, 1973.
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~rou~ded ~lways, lhaf i~ said mortgagor shal~ pay unfo saic~ mortgagee the certain promis-
i~ sory note hereinajfer sutisfantia~~y copiec~ or idenli~iec~, lo-wit:
~ 5 5, l~Ut7 . OU _ Fort Pierce, Florida _ March 13 , lg 74
FOR VALUE RECEIVED, the undersigned. jointly and severally, promise to pay to the order of
.'LUtZ~ ~ B.~;iK :~T ~`0 ?T Pl~.tc;~:
--------FI~'TY ~IVI:: 'rHUUS.;ND :udll UU/lUU---------- _ DOLLARS,
~t _SU1 urange ~venue ,~'ort Yierce, r'lorid _i . or such other place as
the holder hereof may designate in writing~ together with interest from date at the rate of ~ i np (
per centum per annum, on the unpaid balance until maturity. The said principal and interest shall be
~tue and payable in seventy-two (72) equul monthly p:syments of S~~11.5J, includ-
iag intereg[ r~t 97., first payment du~ thirty (.s0) days .rom date of this note
:ind a like amount on the same day o£ each and every month therea~ter until
~ p~id in full; p~ytnents to be appli~d first to interest .~nd then to principal.
~ r~rivileg~ of prepaya~nt ia hereby graated without penalty.
; This note is collateralized by a second mortgage on real progerty and by th~
; :ssignment of Lease entered the 30th de~y of .iugust, 1973 bearing '~5~0:7FJ1:~
' wherein the State of rlorida Department of Health a~d .tehabilitative Servicea,
< Jivision of Family ~ervices is the Lessee and Lhe sioners oi this note are
~ the Lessors.
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If default be made forthirty _days in the payment of any installment of principal or interest or
- any part thereof. the ~~~hole sum then remaining unpaid with interest shall at holder's option become
due and payable without notice. Failure to exercise such option shall not constitute a waiver of the
right to exercise the same in the vent of subsequent default. After maturity both principal and accur-
` ed interest shall bear interest atnfne _per centum per annum until paid. The makers and endorsers
- of this note farther ~vaive demand, notice of non-payment and protest. If this note is not paid at matur-
ity and the same is placed with an attorney for collection, the makers and endorsers hereof agree to pay
all costs of collection, including all court costs and reasonable attorney fees.
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SI t~~.. -r i~ .,so - (SEAL)
n~. : 224 PA6E262 S~ _ (SEAL)
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