HomeMy WebLinkAbout0550 il '
1 ~ ~ '
f~~e same. [o{~PIE~e~ wil~~ f~ir lettrn~rnls. tiereditumenls an~~ oppu?fr i
~0 ~AUt itlld t0 ~OIi~ ~
~
i, nanr.•s 1{~rrefu ~?~~w~~~inr~. f~~e r~~fs. issuet ~n~ pro~ifs 1~~rr~j. unlo 1~~~ morfgu~ee. in'PP simple. i
" I~~v muif4l~l1~?' ~•~~'~uar~ls u~ilti I~e morfgagc~e Ihat f~e mo?fga~w' is indrJeaaib~y seize~ o~ said ~
~I , ~N~N
~~nd 'u~ ~c•e simple; that Ihe mo?fflagor has goa1 right and lawju~ aulhorily to convey snid ~and as u~on?- ~
!i suid; tf~ai ~he mo~lf~agur ivill make such jurther assuwnces to pe~~PCt Ihe jee simple title to said land in ths ~ ~
I~ morfl~ugee as moy reasonn6~y be rc~quir~: lhal the moHgagor l~sre6y (u~~y war?aatt !?~e tii~a+ to aaid land ; '
1 an~l ~oill de(Pnd Ihe same againsl !he 1aw~ul claims o( all penons whomsoever; and tRat said land is ~?ee ~
a~~~1 rlrar o~ a~~ en~umbrances ~Cept thOdtl t~i7[es~=aCCt111IIg subsequent to Decewber 31at ;
1973. I ,
,
l
_ ~ ;
~ _ ~
:I }
~i ~ ~
~
; ;
~ t
~
~
; ;
' . ~
i ~~V~~ ~wAys~ tha! i f sai~ mortgogo? slinll pny unt~ saic~ rnortgagee the ce?lain promis- ~
sory note hereina~fer suhstanlia~~y copiP~ or i~pnliJi~, to-wif: ~
~ ~ -
i . - -
IN~TAIIM[Nt NOT[ ~
t...+~ ~ ~ 19~
~ 106,171.86 Fort Pt~rce Ft~•~~~. °
s
fer vslue ?tceived tl~e undersi6ntd prornists to pat~ to tlu order o~
~ ~p~ ap~pp~l1'IO~1, a Florida corporation
•~u??~ o~~?e huucir~d siz tlwti~attid ou~ ~tut~dr~d slven~~ttb?°~d 86 1. 1
the p uectpal / ~ ~ ' •
!~t per•cent. per a~~ until maturity. said uutrett
togethtr wilh in~trut ~herton Jront dalt. at tAt ia~~ o~ $epu~=' ~97~ ~=tei•l f t!1'
ster~ lst .ra p nnd
6tina parable Q~ Y on the ~
' ~ach ytar; bot1~ principal and inte?tst 6eing paya6le in bu•/ul moner o/ the United States or its equivalent, at
I said p?ineipo! sum to 6t payabk on ~he dwes ond in ~he amounts
~ ~F~ci/icd below, w-wit: 1
' ablt on or ,y
Full s~so~unt of priaci.pal in the ~v~ of ~106.171.86 shall bs pa7
befor~e I~y 31, 1976, plua accru~d i.cterest, iF ao7 • nt due ~@~revbsr 1, 1974
Interest shall be piyabl~ quar~rly ~rith fia~t payme
~
Each maker .nC endurser ~efer~!l~ s~?ce~ demand. prc,test •nd n~~?~e ot maturltY. non-p~sment os protest ~nd n11 reCui~emeats aenseaR
t.~ holA each ot them IltDle u:n~ktrs and mdorstn ~;t cuata c' col:r:tion. 1.^•c1,."== =a i rens:.r.ab.e s'!':^^;'s cssr
ucA au.aer rud eadorser (urthet +~teea. lutntl) •nd setierally. t~ y.) '
~ p;u~,ty.; uf :nia :.ou ur rn~ D~Yment oc, thr y:inciy~l cr anT l:~:c:~3' t`e:rcr. is ^ot yatd ~t the resp~c:f~e m~turft^ !heTto!. Oi Sn rase ~t
~e.omea r.eces~ary to DroLK~ the ~eeurlt~ h~ r~
s„ ~np~arzfr.crr tta•ro}Rnt~tor,no~i~t p~r Rnt. j+~r ~nnum from mftvrttT ur.tll pald
i7.ts note •nd de:erred 2n:{~~~?~(~ mustk~xr uf eser. d~tr !he~rsi:A anA ls to !~e ronstrued anG m:or-Fd a~cotdlns tn the i~~rs ot the
T~ls note b secured by • t7e~aes~- ; secur~d ~T swid alnrtgage. ~!1 not!~ w see~red ++nd
S:~te .•t Pk:rtda. uyuu ddault In t:~e P~)meut ot p;ic.:ly~l and or ::..rr.~s: d~r cr. oaT
rrmalnln~ unp~ld +rail !ortTwlth become due ~nd D~f~ble noivl!hsundlnR tn~Florida Iierits8e GrouP~ jnC •
B~ ~ ~s~.~?
&ien C. Sclrwa~l~teY^_ ' Pr~sid~t'''
~ -
~
~ j'
~
~ gQOK 229 PacE 550
; -
- .
i;
i~
~ I
, _ ~ -
a.~~~, : - ~ - - - - _ - -
'E:'~`- ^e~ ~,,,.3~;.y^ ~sk.:'r1 ' . „d$, g
~
_ ~ ~ ~ ~ '
.7,~e ~^"F'"'r~' ~
. ' _ " . _ _ _ _ ._~.~_-+.'~~..,~a~.~'. .