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HomeMy WebLinkAbout2486 ~ ~o ~iaue and to ~iold Ihe sam~, tugef~~er wifti ftie lenemrnts. ~~e~ei~ifumenls ani~ appuNr ncuu-es f~~en~lu he~un~in~. an~~ f~i~ ?enls, issui~s pro~ifs I~~er~o(. unlo Ihp mo?I~agep. ln jpe simp~p. ~nd f~~e mo?f{~af~or cu~a~nnnt~ u~il~~ fhe morfgapPe Ihnl Ihe mo~tga~a~ is in~~~easib~y srizee~ o~ saic~ ~an~ in ~c~ simp~P; Ihat !tie ?norlgaflor tiat good riflht anc~ ~aw(u~ nulhorily to com~ey sai~ ~urec~ as u~on- soic~: fhat Ihe morf~agor u~ill ma~s aucl~ ~urf~er cusurances fo perfec! Itis lee aimple fifle to sai~ Ian~ in f{~s mortgapee as m~y reasonaG~y 6e requlrecr: thal fhe morfgago? heretiy ju~~y warronts fhe tit~e fo said ~and nnd will dejend the same against the lawJut claima oj all penons wl~orruoeuer; and that :atd land is /ree and clear oj all encum6rances except t8X@3 accruing subsequent t0 December 31, 1973. . Upon the commencement in a Court of competent jurisdiction of a suit for the foreclosure of this-mortgage, Mortgagee shall be entitled as a matter of right, and without regard to the value of the premises, or the solvency or insolvency of Mortgagor and without notice•to said Mortgagor, to the appointment of some suitable person or corporation as a receiver for the premises hereinabovQ.described. . ways, lhat i~ sntd r?iorlgagor shnll pay unto said mortgagee the certain pro~nis- aory aote tierefnaffer sa6:t~e~ally copiec~ or identi~ied, fo-wit: ~ 'r' 150,000.00 April 4 s Fort Pierce, Florida , 19 7 . ~S SP$CIFIBD BSL~O~i after date, 1, we or either of us promise to pay to the order of SON BAN1C OF ST. LtJCI$ COUNTY . -----ONE HUNDRSD AND 1~iFTY THOUS~ND no/100-------------- ~o~u~as for value received, payable at 112 SOUth $ACOlld S~Aet (P O. Bex A 1 Pt. Piel'Oe ~ FlOS1da ~3450 with interest frc;m date at the rate of 8-l~Z per cent per annum until paid; interest payable~~~~_ If dsfauh is msde ie sny payment when due +nd continves for 30 days, then at ti~e ,option of tMe holder, ~nd without any other norice, alt the remaininy ba~ance shall be due psysbk at once. ~f Md e~ti~ of us whether make?, gwrantw or endorser, hereby sever~lly w~ives snd renounces any snd all homatead exemption righb f we may have ur~der the Co~stitution or lsws of the State of Florids, w any other S~ate or Un~ted States, +s +gse~nt this no~e; and eac!? further waives demand, notice of nw?-piyment ~nd proteaL and in eve~r ~t bccomes ~ecess~ry ro cofkct this oote through an attwney, agrees to pay ~N cosb of colkctan. ~ncludinp ressonabk an«ney i fee. - ~ This nWe may be p~epa~d in whole oi in psrt at sny tune w~thout penahy. ¢ All wms in defoult sholl becr interest o~ 1096 per amum. The principal ot this note shall be payabls in ten (10) equal annual installmenta o! $15,000.00 each, eaid pAyment~ to caomence one (1) year lroai the" date heraot. ~ ~ S?'ATE ~F FLO R I ~l ~ . ~ ^ DO~=UMENTAR~.~'=_ STAMP ?t• ~ ~ o - F--------- - c (ii r't. fif REVENUE - ` ~ : , ~ =r- u~ _ ~ ; dj'' t i C - PB. -"•t~t-.g•N ~~j~~ 2~ J. 0 0 j ~ ~ ~ ~ 1~~~ 4"~ ' • 1 ~ ~ ~ ~ R~5 PA6E 2~OV s Geor e A s~~iu 600K . s s/ Lucille V. Costa s~ °ue . uc a . Costa ~ : , ~ ~ _ : ' - _ - ~ ~ 5:: . ; , ~ - ~ ~ ? J - . v~