HomeMy WebLinkAbout1585 j ~o ~aue and to ~old Ihn sam~~. f~~el{~e~ euil{~ 1{~e lenenu~nts. here~~ifumenls an~~ uppurle
i raRn~•es I~~er~lo tie~un~in~~. on~~ 1{ie ~ents. issues nnc~ profils I~~e~qo~. un{p I~n rr~prtgngee. in ~Pe simplp.
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Iin~ fhe mortp~f~or co~~i~nantt u~il~~ Ihe morfpapee ftia! ihe morfgagor is indv~easib[y sMizec~ o~ said
la~a in ~ee simp~p; ftiaf the mortflago? {~as gooc~ ?ig~t and law~u~ nuihority !o coni~ey sai~ ~unc~ as a~ore-
sai~; ~ha~ ihR mortpagor u~ill mnke suc~? jurther ossurances !o perlect Itie ~ee simp~e fil~e to sai~ ~and tn Ihe
mo~lgagee ns may ~~ona6ly bo required; that the mo~tgagor keretiy /~lly wa?ranfs t~~a tttle to said land
and wil[ de%nd the same against IhQ lawju~ cbims o/ alI penon~ wl~omaoe~er; and tknt said Innd is Jree
a~d ~t~. oJ QI[ encun~bmnces The nrortgages by the aooeptanoe of thiss mortga s
~ovenanta and ugrees to retease Qertain tracta upon the pa~ment of
annual inatatlments, the mortgagee furthur agrees that said annuat
instattn~ants may be aQOeterated at any time ~aith no prepayment penal .
Said retease pattern ehatt bg oontiguous and shatt ~omrnenae at tAe
East Zine of the Zegat description as ~ontained in thtis fiortgage,
and shatt run from North to South tin strtipe of 114.31 Ft. of Okeecho es
Road froretage. Said Zast retease or ~aesterly most strip shatt be
for any and att p~+eviousty unreteased portions of the Zand as des-
cribed herein: Att payments for reteasea shatt be credited againat .
the principat instaZZmenta next due on the note secured hergby,
~hether said paynrenta be as seheduted or prepaid.
This mortgage and the property herein nrortgaged shatt be the soZe
security for th~t debt evidenced by this mortgage and the notes
secured hereby. The mortgagors to this Mortgage and the makers of
said notaaas attaohed to this mortgage shatt not be Ziabte for any
de ti r R~'` n ud ement or any sums over and above the amou t
f~~~ ~W~~~ y t~at i~ sald moHgago~ shall pay unto anid rrwrtgagee ttie ce~tnin promis-
sory nota tie?eMa~te~ subsfantial~y rnpiec~ or idenlilietl, to-u~it:
(continues fronr above) ~
bid at any foreeZosure sate for said property.
Note # 1
MORTGACt NOTt ~ RAMCO FORM 'SJ
Ft. Pierce
21, 500. 00 ' 19
~ 1~/arch 18 • 74
FOR VALUS RfiCEIVED. the undeniB+~, ~Jap~l"'~'~~~r• ~'n o~) p1O1°"~ to pay to
S. S. Agency Inc. o~a. ~a e~ ~ t~~~~
~too nota.~xs
~e pri~~wl ~ Traercty One Thousand Five Aundred----- -
w
2 2~ S 0 0)O~vicb incer.u irom ds~e ae cbe »~e ot s e v e n per cen~. per aon~m o,~ ~he balance trom nme co ~ime rem:inios ~Psi~-
~rt?~ sa~a principal ana ~nwae siwu be pa7sbl~ in Vwrul monep ot ebe vaiua staea or Ame:iea st SI 7 Ja~1es Btdg .
Ch[ittQ7'tOO9Q~ T6fi?tor at such place as maY hereatter be designated br writteo ~otice from the holder to the makcr hereof, on
the date and ia the manner tollowing:
` $21, 500, 00 together r~ith 7?i interest on unpaid baZance on Mareh 3~y 1975
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(STAMPS AFFIXED TO ORIGINAL NOTE)
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This noa wit6 interat a ~ecure~d blr a aarcgaR~e on ral atate, d evea dste 6eiewriti~. au?d~ bp the a~aker 6ereof in favor oE tbe said
psyee, and ahall be oowaued and en[orcea accordins co tbe is..s oE e~e Snte of Fbrida. TLe te~s o[ aaid mort6a8e ue bp cha reference i
~ m~de a part heroo[. ~
~ If clefault be made in tluq
ra+eat oi aa~.oE tbe snms or intsrat mentiooed Lerein a~ ia said mortasB~, or in the perta~mance ot
any ot ehe agreements oontaiaed hereia or in wd mortgage. thea tbe entire priadPal sum ard uaved intaest ~!1 at the option oE the
holder hereoE become at once due and oollectibk v+itlwut notiu, t~beia~ d~~; ~~~°n~ iatenest
shall boch bear iaterest from such time uotil paid at the ~est nte allo~abk unda the IaMrs of the Stste of Fbrida. Failure ~ eserci~e ,
tbi~ option shaU not comtituu a waiver of the rigbt w acerci~e tbe same in the event of a~ wbtequent defaul~ i
nohoe, ootice of t and notioe of dis~ i
Each penon liabk hereon whether maker or eadozser, herebf ~raives presentmeat, pio~. if after msturi~~of tbi~ aote or default '
honor and agsea to psr all costs, indu~'~ shaU be empbyed~
ws ~Ilat this note or w~6 tect the ~ 't7 of ia~d awrtaaae. '
hereunder. os uadu said mortgaase, f
t Whenrver u~ed herein the urms "hoWer", "maker" and "psyed' ~a11 be co or plural as tbe cootext maf ~
F l tcquire or admi~
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~ Matei s Address ' ' '
R. . ose
aouK2~~ p~cE'i5~S3 . --....._...._wcs~.,
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. ~ R. D. ~Rotiinson ' '
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