HomeMy WebLinkAbout1777 !
~ot•tqrtge ,~ote
~a~~t~ ~Cru~t ~I~1•eeilYeiYt
Trust No. 150
s~t'i.5no nn Vero~.Be~cFh~. May 10. , t9~
The Indian River Citrus B k, Vero Beach,
~or ~.1~lue ~teceibcl, ~xoe~t,~cai?xeirou~io.~, not pasoru~~Y b~+f as Trtntee ur~e~ the provisions of s
Trust Ap~eement dated October 12, 1973 and known as T?ust Number 150 . htreby p?omises out of Il+at
paNon of tht Trust Estate su~bject to ssid Tnnt /lpreen+e~t spedfksll~r described in tM Mo?lpspt 9iven to setur~ tM payment hereo~, to
pa~ ro besn~. in tM n+anner her~in~(tN and in saW Matpa~ Providsd. th~ P?incipsi wm of ,
SIXTY-SIX THOUSAND FNB HUNDBED AND NO/100------------------------------bo~isrs
a~d inftres~ lior++ May 10, 1874 on t1,~ balsnc~ of principal ~emainle~p from time to t~r+e u~+paid
at ~M r~t~ of g$ ~ cent pet airx+u~» N+ installments as lolbws: ~1 .300.00 pollars on tM
lOtih d.y of~MA~ i9~.5.., .~~a ~~snn nn oou~.:
on tM 10th day of ~ac 11r18 thKeaftsr untii this noti is iulty paid
extept thal fh~ ~in~l psyment of printipsl ~nd Inlerosf, if n~t sooner paid, shsli be dw on the l~th dsy of
Mav f . t93.~_. ~ui s~wr~~~~o~~.ao~~r o; ~n. i~i~" `~~~`ie rincipa~l pa~ments,
n a ion to p
irfiP@~l° ~4~i1~ ~L~~~~ ~~`~~"~i~ on `~i'e unpai~'alance from ' e to time remainin and
paya le on the same date as the princi~al payment. Commencing after January 1, 1975, any
p~~d
w~o~ ~~r~ar ther f avr -be uaid ~ ~k~qr;,g~ ~s due date without penalty. F~,
at the o fice o Zamer t~ §tege, Attorneys at Law , 3350 o u~n
te m
y~r
m' hmepto timeain '
Florida 33062 , or sueh other place as the leQal holde~~,,,~
wri~ing appoint.
Th~ payn+ent of this nof~ is secured b~r • morfpape. besriny even dite he~ewilh, fo Nile R. LeStran¢e ,
on resl estate In the City of , County of $t. Lueie , Slate of Florida.
It is sg.eed that a~ the eleclion of the holder or holders hereof. and without notice, the principal sum remaining unpaid F+ercon, together
with xc~ved interest thereon, sF+all become st once due and payable at the plxe of payme~t atoresaid in csse of defsult In fhe Dayme~t
of principal w intuest whe~ due in accordance vrifh the lerms he~eof or in case at any fime hereafter the ri9ht to (aecbse the ssid mo?t-
q~pe shsll sccrue to the leflal holde?s hereof under my of the p.ovisions contained In said mort~age.
' /111 parfies herelo sevenlly waive present nf for payment, notice of disFwnor, protesf and nolice of profesT.
This r+ote is executed by X~ . o~~~~~Y. as T.ustee as af~resaid in the exercise oI the power '
4 and autho.ity conlerred upon and vested in as Trustee, is payable only out oI the property specilically desc~~bed in said Mort-
~ gage securing the paytnenl hereof, by tht c t of t ovisions contained in Said Mortgage. No persorwt liability shall be asserted
o? t~ en(orcible against the D?~+~~? a~ V~r Intere d beneficially or otF+e?wise in said Woper~y sPec~fically descr~bed in said Mo?t- ~
gage given fo secure fhe paymenf hereol, in f ly o? funds at any time subject to said trus~ ag.eemen~, because ot or in ?espec~
of this ~ote or the making, issve w frans r fher wch liability, if any, is expressly waived by each taker and Mlder hereo~, but
nothinp herein contsined shsll w hs~ge ~ personal lisbility expressly assumed by the guaranlw hereof, if any. Exh original
snd successive holder of th~s note e ts the ssme the eupress c«+d~t~on t?+a~ no durY s?,a~~ rest upon the u~ders~g~ed ro sequester
the rents, issues ~nd profi in~ the described in said Mortpage, or the proceeds arising from the sak or other d~sposl-
tion thtreol, but thsf in o def n the t of this not~ o~ of smr installment hercof, fhe sote rerr+edy o1 fhe M~de? shsll be by
foretbsure of tla ssid ~ive~ fo tM Mdebtedness evident~d bY this note, in xcwdanc nt ~hereof. OtrbOtF1.~ ~~'s~f in
w1d Mortpp~ Mt lorth or ~eNo~ p~na+d Ii~WIit~I of tM puarsntor, if ~ny, oi the WY~*K
~ ~~$~~K (C~ •y.
. /1s TnntN a~iaessW a+d not v~~++~h. ~~~c c C~
% , ~ Vice- resident > ~
~ o
~n.st ` i~~~`~~•'~'~ ~ r . -
Vice PresldK+t ~ , -
. ~
Thts b ro urNi~r that thls ts tM not~ datrib~d In tM within nwntiawd Mortp~0~. '
• 1 ~ '
,
~ds.+r~t~carton No 59-6088212 . .
TrwtN ~ ' "
IOIIM 1/ ~O
i
i
J
~~1N~~~T
e a PAi~E ~ / 15 ~
F~:~
_
{ v ;
'~°~"~-ri ~ ~
_ ~ c .