HomeMy WebLinkAbout2147 ~Q nL1~~ ttie same, logel~~er wilti the tenemenli. heredifamenla anc~ appu?fe-
~iance~ t~e?elo be~onging, an~ fhe renlt. issues and pro~ifs ItiereoJ. unto fhe morfgngee, in fee simp~p.
~ the morfgago~ coi~enanfs u~ith the +no~isaeee t6at Ihe mo?tgugor is in~ejeasibly seized oJ satd ~
land in Jee simple: that Ihe mo?Igagor kas good rigl~l and law~ul authority fo conver sald Innd as ajo?~e- i
saicr: 1{~af the morlflagor wi~~ maka sucti ~urther asswances fo pe?~ec! Ike ~ee simp~e lif~e to snid ~nnc~ in Ihs ~
mortga9ee as may ?~easona6ly be requiretr; that Ike mortgagor I~vreby /ully wamants Ihe ttlle to said land ~
and will deJend tl~e same against fhe lawf ul clai?ns ol all penons whomsoever and that ~oid land is /ree '
nnd clear oJ all encum6runces • ~
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~rQV~~ ~ys~ f{~at i~ saicl mortgagor shall pay unto said morlgngee fhe cerlnin promis-
sory note {~ereinaJler su6stantially rnpied or ic~entiJiet~, to-wit:
yarch 22 74
fORT PIERGQ FIORIDA, 19
PAYINENTS INTEREST ~
flAT[ AMOUNT OAL. OY[ OAT[ AMOUNT rA10 TO F« V~IW fKfIVld. iM Vfldff~gfNd P~O~?~~~~~ ~ WY f0 NM OtfJM Of HN -
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ST. LUCIE COUNTY BANK
FORT PIERCE. FLORIDA ~
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rh. P.inciw) sum ot
i*aenty Thousand and no/100------°~--- ~i.~.
~J , 000 . 00 w~~h ~,m..? n date
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l ~t th~ r~t~ of_---r"? u~ W? ~vwen on tlw unp~fd b~l~ne~ unHl psid.
Th~ said princip~l ~nd intereit ~Full b~ paYabl~ ~t tM St. luci~ Cwnty d~nk. ToA
Pierce. Florida. w at such ot}w~ p1~c~ ~s tF» holdK may daiynat~ in writinp, saW
principal to b~ paid at tM dat~ u?d in tM aun~er foilowinp:
;~;e~ity `inou~~:l~. :;011.~- (?i J, ~JJ. i:u) ~~Ius inter~•st ~~ue
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If default be made in any instellme~t under this note •nd if a~y svch defa~lt is not rtude 9ood w'th'^ 30 d+ri of rh~ d~b of said d~f~uM, tM ~ntk~ ~
principal sum and xvued interest shalt ~t once become due and p+Y+b~~ withovt notiu a~ th~ option of th~ hold~r of this nof~. Failur~ to ~x~rciw this
opt~on shal~ not conititute s wsiver of ~hc right to exerciie the same in tir~ event of any subscqvent dsfault. In th~ ~vee~t of dtfault in th~ p~Ym~nt of !
rh;s not~ ~nd if ths same is collected by ~n ~ttorney at l+w the unders~9ned hereby agre~ to pay ~!I costs of collection inclvd7np • n~son~bb ~tton+h/s fN. ;
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thenof, ~
Said St. lucie County Bu+k bein~ expressly suthori:ed to retain any yeneral or special deposit, collateral, real a p~rwed a~curity o~ proce~d~
~ telonging to either of uf, whethe? maker, saurity a endorur, now w he~e+Ne~ ~n Posses~ion of said St. lvci~ Cout+ry bank dwinp tM tim~ thu noN t~-
~ mams unp~id +nd b~fut w afta maturity spply tsme to this a ot}?er d~bt or li~bility to said Ba~k. du~ w to b~tom~ dw b 1M h°Idt~ °f thb nW~.
~ Presentmsnt and prot~st and notic~ +n Mreby w~iwd.
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~ ~5~ Ulcancier ~v~~n,~<< /S/ Arthur C. Gravatt
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~ ~.~~ar L ~ i /s/ Margaret H . Gravatt
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