HomeMy WebLinkAbout1595 ~o ~iaue and to ~iotd !~e snme. logelher wlth IhR tenemer~fs, herec~namenls an~I oppurle-
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nances fhereb E~e~u~~{~in~. ancl Ihe renfs, issues anc~ proJils t~~ereof, unto i~ie morfgages, in fee simp~e.
~1l{~ !he morlflagor co!
enanls with thv morfgagee lhal ftie mo~fgagor is inde(ecuib~~ seizec~ o~ said
' land in /ee simple: lhal the mortgago~ hw good righi and law~ul nutl~ority to rnnvsy sa~d M?~d as a~oro-
said; that ~hR mortgogor will make such Jurther assurancea lo pe~pct tha fee timple fifle fo said Iancl in ths
mo?Iga~ee as may .r~uona6ly 6e required; that t1~e mortgago~ he~e6y f ully warrants the 11lIe to said land
and u~ill dPJend 1he same against the law/ul clnims o~ al~ penons wkomscever: nnd lhuf satd land is !ree
and clear of all encum6rances
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'I~ ~rouided ~liwnys, lhat i j saic~ mortgago~ sha~~ pay unto said mortgngee t~e certnin promis-
I sory note f?ereinafter Su6:tont~ally copied or identiffec~, to-wit:
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Fort„p..~.e.r.s~.~......... fl«;ea.........~!Pr~..i,~ i~....T.4
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~ FOR VAIUF RECEIVED tM undwsipiwd prom~ses to pay io ths ader of
i SUN..BANK.OF FORT.PIERCE
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'~~e P.~~c~pa~ wm ot...ONE..HUNDRED SIXTY-TWO THQUSAND„~~..~p,~il~.~.~Q._.-..-...ooua.s (s...1~i2~.D.QO..OD_
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foyether wish iMeresl Ihereon from dale. ~ ~ne ~~~e ~tbelow indiested ........Der c~nt, per ............................•--.........................unt~i matwity, sa~d ~ntrrest
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montbl 1 st month : x~ra.---.- . .
be~o9 DaYaWe y..............on the......................... .day of............ .
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bo~h principal and ieterest being paYable in lawful mooey o( ttie Umted States or ~ts equ~va~ent, at .Z.Q~•..~~~rg s veaue
Fort Pierce,. Florids .................._.........~~a p.~~~~aa~ wm ro ~ vaY~~ o~ ~t~. d~r~ ~ io th~ amoun~s spec.Led be~ow, to-w~~:
~ Intereat to accrue from the dste hereof oa the uapaid balance uatil
~ ~ psid at the rste ot 1°y6 over the prime rate charged by ChaBe Manhattaa
' Bank of New York, provided thst aucb rate shsll not eaceed 15% per
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~ annum. .The full principal auin sba11 become due and payable April 1,
~ 1975.
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E?ch ma•cr ~nd endorser :everally wa~ves de+nano, prWes~ and nohce of rtwturily, non-paymenl or proiesl aod aU requiremenls necessarY lo hofd each o~
inem !~.~b'•c as ma~c~s an~ c:~do~sers. -
iach ma~er ..nd er.dorsrr t~r~her agrees. jo:ntly and severaUy, to pay a{I cos+s of colleclion. ~ncludi~g a roasonable atlwneY s(~ ~n cau the princ;Qai of
+h:s note or any p.,ymem on Ihe p~inopal or any interesl Ihereon is oot pa~d al. fho respecbve matu~dy thereof, o~ in case ~t becomes necessar'/ to pro?ecr ~he
s-cuntY nereof, wF.ether su~t be b~ought or r.ol ;
Tn~s oo~e ~s sec~red bv a.... 0.-.. .......mortgage of e~e~ oate herew•th and ~s to oe coastrued a~d en(wcod accorang to ?he laws of ~ne Stale o( flor~da;
.'OO dCf3J~~ ~n Paymem ol princ~pal a~dlw ~Rterest due oo any note secured by said Morl9aye, all notes so secwed and remainin9 unpa~d shall for~hw~~h `
~become ~ and payable notwilhs~anding Iheir fenw- . ~
Docea?entary .stamps..affixed...to .~'~~~,I.,~~~~._~TF.~K._HOIISE,..IN.C. red~s -
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~ . original note & cance~lec~. ~ . _ . ;~a,;
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_ ' gy Presi ent
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