HomeMy WebLinkAbout1907 1
,
~ ` 1
. • , ;
- ~ + 4 i=~
nAV~ ~ W il~u .~unu~, t~~~~~llu~r uvfh ~l~e fc~~cn~cnts, hereditu?nents an appurfe-
~u~nces ~Gerelo Le?onhi~~g. u~u! Ihe ~enl~, i.~.sucs an~l ~~rofits 1/~crco/, anta tl~e n~ort~;agee, in /ee simple.
~ Ihe morthatior co~e~uuUs ~rith fhe mort~;u~~~e N~at tl~e n~arttia~;or is irulc~easiLly seiz,ed of said
la?uI in fee simple; tliut t?~e r»ort~;uror ha~ ~ocxl ri~hl uiul lau~/ul authoril~'to conueJ saul larut as u/ore- ,
saici: tlial the n~ort~u~;or u~i?1 niuke such /artJ~er assy~runces to ~~erfcct ~he fee si?nple titte to said la?ul in the ~
n~ortbu~;ce as nim~ reuso?wGl1 be required; fhot f1~e ~»ort~;a~;vr herel~~ /ull~ icarrunls the fi~le to saul land
a~ul u:iU de%nd the same o;;airut N~e la~~ful claitns o/ all pcrsons i~hou~soeuer; arul that said la~ul is free ~
and clear of al! encumbrunces ~ and t~ mortgagors e ove nant 9Ad Agr2@ Wlttl t~
execution of this mortgage that they do hereby assign unto the
mortgagee all of the prooeeds rece ived from eny sale of the property
here in involved in the event a sale talae s place while the mortga~ors
are in any way indebted to the mortgagee either on the luan herein
involved or any other loans secur~d or unsecured existing from the
mortgagors to the mortgagee here in. The ass igned proceeds to include
~ cash, mortgage talaen back, and anything of valu~e received from said
sale .
~~V~ ~~s~ tl+ot if saicl mortgarior sl~all JwJ unto saicl mortgaree t1~e certain promis- .
sory note herei?w/ter suGstantialG~ copiecf or ictenti~ied, tau'it:
a~~- . ~1 ~v~`~ I
iORi PIERCE. F1.ORIDA. ~
PAYAAENTS INTEREST F
~ owTC AMOYNT ous owrc AMDVNT ~w~o To f« va'w ~ a ar a~
~ ST. LUCiE COUNTY BANK
EORT PIERCE. FLORIDA
tM prinNPd wm of
wsi~?~ thowa?nd i~d so/100 oo~w.
f
12. 000. w;,~, ,~,...a k
: ~
~t tM rH~ of
10 ~ unt P~r ~+eKM^ tM ~~id b~~anu wMil pNd-
TI» a~id princip~l ~nd inttnst ~i»II b~ payabl~ ~t tM St. luti~ CouMY da~k~
Piera. Flwid~, w ar avch al,.. p1.c. .s ~M hold.. msy dnip+wt~ tn writinp, sNd
principat to b~ p~id ~t tM daN ~nd in tA~ m~nrnr fol{ovrinp:
Psfaci 1 tw iat~:~~t dw oa~ t trom dat~.
If d~fa~lt bs mad~ in any insuflment ~nd~ this ~ot~ ~nd if any s~ch default is not made pood withie 30 d+ri of th~ d~h of s~id d~fauk, th~ «+tin
princtpal sum and uuued intKest shall st once become due a~d P+Yabt~ without notiu at th~ option of tM F+oIdN of this ~01~. f~ilur~ to ~~rcia thia
ept;on sha11 rat constiture • w+iver of the right to-exercis~ the ~sms in the event of ~ny ~ubseqwr+t defauh. lo th~ ~v~nt ot d~fauh in tM p~ym~nt of
~ rh~s rat~ u+d if tM s~me is coliected by an ~ttorn~y ~t I~w tl» ~•c+deri~ynid hereby ~yrN to p~y all co~n of collectan incl~di~p a ~Nwn~bl~ Hianr~s he.
th~rwf,
" Sak! 5~. luci~ Covnty B~nk beiny expreuly au~horized to retain ~ny yeneral or speci~l d~pe»it, wllatK~l, real a p~rsoewl s~wriry w proc~t
~ oelongirg to either of us, whethe~ maker, security or er~dwse~, now w heresiter in posses~~a+ of ssid St. luw Ca?nty 6+nk duinp tM ti'^~ 1hi~ ^°h
~ r,,,;ns ur,pa;d and befon or afta marurity apply aame to this a oriur d~bt or Uability to s~id Sank, dw or to becan~ dw to tl» hoW~r of thN ^°1~•
~ P..,.,nm.m .r+d aot.,t .na no?K. hs..by W.~wd. Patrlek B. sad Jtidr Laly
p, O. sos 30S s~
: ADDRE55
• NO ~L
>
~ ~~Z ~i9U7
~
~ _ . s~~ -
i--= ' ' ~;~f _
~~~~y=`"'~.~~~ ~ : _ _ ~ _ .4'° _ . . . a.