HomeMy WebLinkAbout2603 I e and to ~lold Ihe same, fogrfl~er wilh fhe tenemenfs, herec~ifamenls an~ apPu?fe-
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~ nnnces !{~p?rtu',e~ongin~. ~n~~ Ihe ?Pnls, issues an~ projils t~~preoj, unfo 1~ie moNgagee. in ~ee si?np~e.
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~nd the morlgagor covenants u~ilh the ihwfgagee thal Il~a merteugor is inde(eas~bty seized oj said
' Iancl in fer simpl~: that the morlgagor has good right and lawjul aufhority lo convey ,a~d b?~d as u~oro-
~ saic~: f{~a! !~P morlgago~ u~i« mu~e such ~urther assuronces to pe~pet Ihe lee simple lil~e to satd Iand in the
I mort4~a~ee as may rensona6ly 6e required; that the mo~lgagor hereby f ully wa?rants the Iille fo sald land
! and inill dejend fhe same agninat the lawful claims o) al~ perso?u whomaoever; and Ihat sntd land ta free
' a?~d clewr o( ~ll enc~imbronces except taxes for 1974 and subsequent years ;
that certain mortgage to GULF LIFE INSURANCE COMPANY'in the-
principal amount of s16,500.00 dated 11/9/64 and recorded
11/12/64 in O.R. Book 103, Page 43 of the Public Records of
St. Lucie County, Florida; and that certain mortgage to DANIEL
~ W. FRYE and MARY F. LLEWELLYN in the principal amount af
; 510,340.00 dated 11/9/64 and recorded 11/25/64 in O.R. Book
i -104, Page 149 of the Public Records of St. Lucie County,
Florida.
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~ ~rouided ~tways, t{~nt i~ saic~ morlgagor shall puy unlo said mortgagee t~e cerfain promis-
sory nofe ~~ereinnjfpr su~sfantia~~y copie~ or identi(ied, io-wit:
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% ~ Fort Lauderdale, Fla. Apr i 1 5 ~ 9 7 4
~ FOR VALUE RECEIVED, 1/WE, or either of us, promise tu pay to the order of
ERNEST L. GROSE and KATHLEEN M. GR SE his wife
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o Fifty Thousand F, No/1Q0
= at UOLLARS
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Q with interest frum date hereof at the rate of Seven
~ ' ( ~ $ ) per cent per
R oa annum until paid, payable as foilows: Principal payments of ~8, 333. 33 plus accrued in-
terest shall be payable on the5th day of April , 1975, and on the
a;; the Sth day of April each year
tTiereafter to t e 5th day of A ril ,
>
' 1980, at whic~time tTie principal balance remaining unpaid toget er wit
f ZsLL accrued interest thereon shall be due and payable in full.
0 a o
~ ~~a This note may be prepaid in whole or in part at any time, and from time
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to time without penalty or premium, after January 1, 1975.
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= I+Iow, shouid it become necessary to collect this note through an attorney~ tither of us~ whether maker. surety. or endorser on this note~ hereby
~ agree to pay al1 costs of wch collection, inctuding reasonabie attorney's fee. The drawets and. endorxrs severally waive ptesentment for
y pvY~nt. in protest. and notice for non-pzyment of this note.
~ tN THE EVENT any prayment of interest or principal be not paid ~vithin thirty 30
3 becomes due~ tlx hulder of this note may, at his option, declare the whole nnci ~ ) days aCter the same
~ P pal sum hereof to be immediately due and payable.
(s~~ /s/ A . J. Roberts
. A. J. ROBERTS
/s/ Lila B. Roberts
LILA B. ROBERTS
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