HomeMy WebLinkAbout1183 i;
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; ~a ~ue and to ~iold if~o samo, to~ot~~er ivifh !~?e fenements, hern~~ifaments anc~ appurfe-
nnnces tl~erefo belongi~fl, ana fhe ~enfs, issues anc~ pro~iti the?eo(. unfo fhe morlgag~~e, in ~ee simple. ~
~ morl a ee Ihai the mort a or ~s indeJP~~6ly seizec~ o~ saicr
n11~ !he mortgago~ covcnants with the g g fl 9
lancl in fee simple; fhat the mo~lgapor has go«I right and lowful authoriiy to convey said land as ajore-
said; that tl~e mortgagor will make such jurlhpr assurances to per/ect the fee simple tille to said land in the,
mortgagee as mny reasonably 6e required; Ihat the mortgagor Iiere6y (ully u~arranti the title to said Iand
and wtll defend !he same against Ihe law/ul clai?ns oj all persons ~uho~nsuever: and that sa:d land is ~ree
' and clear oJ all enciun6rances
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i ~~V~ ~s~ f~iat if said morlgagor shall pay unto said mortgagee t~e cerfain promis-
~ sory note ~ereinn(fer su6stantially copied or idenfiJiecl, fo-wit:
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fORT PIERCE, FIORiDA. ~q .
~ PAYMENTS INTEREST .
DAT[ AMOYNT YAL. DUt DATE AMdUNT rAtO TO
fa v~lue received, tM ~nd~rsynad prom~s~(~) to WY to the ad~ o~ N+~ . ~
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- ST. LUCIE COUNTY BANK
FORT PIERCE. FLORIDA
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I ~h. prlndpd .um or
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Niaeteen thousgnd and no / 100
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~ date of first araw
19. 000• 1, with in»rat hom -
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~t tl» rat~ of 82 per unt p~r annum on tl» unp~id balanc~ w+Nl Wld.
The aid principal u~d imere~t sh~ll b~ pay~bh at th~ St. luci~ County dank. Fo~t
Pi~ru. Flaida, w~t ~ud+ otMr pl~c~ as tM Fwld~r maY dnipn+q i~ writiep. wId
principal to b~ paid ~t tM dat~ and in tM m~++ner followinp:
~19,.000. rl~s interest due March 21, 1975. _
Real Estate Con~tructinn Loan-Lot 11, Block 4?, Lak,ewood Park, Unit 5.
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~ If default be made in any instsllment under this note •nd if iny such default is not made pood within 30 day~ of tF» dat~ of s~id d~f~uh, th~ ~ntin
_ p~inupal sum and acuued intere~t shall at once become dve and payabls without notiu ~t tF~e option of th~ hoWtr of this not~. Failvre to ~xKCiw thi~
opt7on shsll not constitute a w~iver of the riyht to exercise ~he same in tM event of any iubseq~nt defa~lt. In th~ w~nt of d~huh in tfw paym~nt of
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3r rh~s raa and if the same is collected by an attorney ~t I~w tM undersiyned hereby ayrM ro p~y all costs of collection includ'up ~ r~~wnabb ~ttornnl~ fM.
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~ Said St. lucit County Bank beiny expre~sly authorized to ~ebin any ye~~r~l or spece~l depc»it, collat~ral, re~l a persanal stcurity or pocNdi tM~~of,
~ belcmging ro either of w, whether maker, security or er~dwser, now a herea~ter in posussion of uid St. lvcit Counry B~nk dvrirg tM tune tbis no» rt
maim unpaid and befu~ a after maturity apply same to this w otMr debt or liability to s~W Bank, dv~ w to Mcan~ dw b tM hofdN of thb rab.
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~ Pnsenhnent and proM~t and ewtice are her~by w~iwd. $COrt-Johnaon, Ine.
~ Rt. 2, Box 3311-C / s/
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~ Presideat
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