HomeMy WebLinkAbout0736 ~p ~1V~ W~~ the same, fogef~e~ wllh !ht tenemenls. kv?tditamenls and appurle-
nances fhento be~onging, and fhe rents. issues and pro~its lh~reoj, unto the mortgagfv, tn ~e~ :tmpl~.
~d tke mo?~gogo~ covenanb with the mortgagee Il~at 16e mortgago? b tnde(~t6ly seized oJ aaid
lund in Jee simple: that the mortgagor hos good rigl~t and lau~~u! authorilr to convey satd la.~d os af
ore-
said; lhat Il~e mo?tgagor will mn~e such /urtker assurances to per(ect the (te sim~?Ie titlQ to suid land in the
mortgngee os may reasonably 6e requt~ed: that !1?e mortga9or here6y jully warmnts the title !o suic~I lancl
und will de~end Ihe some again~t the law/ul clai~nt o( all persons whomsoeuer; and lhat said lnnd ia ~ree
and cleor o/ nll •ncum6ronces except taxes accruing subsequent to December 31,
197~, and that certain mortgage in favor of First Peoples Bank, now
~un Bank of Fort Pierce, dated October 19, 1972, and recorded in O.R.
Book 207 at paqe 1133 of the public records of St. Lucie County,
Florida, with a present outstanding principal ba.lance of $~g,0 3_2L
which mortgage the mortgagors have expressly assumed and agreed: to
pay.
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~V~ 7UW~s~ thnt if snid mortgngor shnll pay unto ~nid ?rwrtgngee the certnin promis-
sory note hereina~ter aubslantiaUy copied o? iclenti~iec~, to-wit:
= 3, R 0 0_ 0 0 Fort Pierce, Florida FebY'uar'y 7 , 19 7 5
r1S SPECIFIED BELOW afier date, I, we or either of us promise so pay ~o ~~t order of ~
~---ROBERT RITTEN and GEORGIA RITTEN, his wife,
---THREE THOUSAND EIGHT HUNDRED and no/100---- _ pp~LqRS
for value received, payable at Rt 1, BoX 642-B
; Ft. Pierce, Florida 33450 w~th interesr
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~ frem default at the rate of 10$ per cent per annum
~
i
~ IF d~Fwlt is m~ in any payment when dw and conr~nues for 30 days, tFfM ~f fM OptiOn of th~ hold~r, and withoul o1he~ ~wtic~,
E ~II tM remaY+ing balanu shall be dw snd payabk at once-
t
Md wch of u~ whetMr rnakN. 9u+~an~w o? endwwr, her~by s~ve~ally w«ws ~nd renaNaes any «+d all l+on+estNd ~:~n~ptiat ri9Ms
~ vw may haw undN ~h~ Constirution w laws of th~ Su~~ of Florida, a any other S~a~e a Un~red Sea~es, as aga~n~t this ~ar, ~nd ~aeh funMr ,
w,ivN d«~w+d, nain of na?p+ym~nt u~d protesr, ind 'w+ evem it becom~s nec~awry to co{~ect fhis nott th.ough sn ana+»r. +yr~+s te WY
•11 cwts of u+cl r uonaW~ at~ane 's f.
~ inc~u~i~ig `c~sts incur~ec~ in any appellate proceedings
e ~ ~ ~ - *iWi~Y~~~~. .
~ All swns in d~fovlt sl+ol) b~or intrast ot IUX. pM arrNw~.
~ This note shall be payable in ninety-one (91) equal monthly
installments of principal in the amount of $41.31 and one (1)
monthly installment of $40.79, said payments to commence on
March 19, 1975.
This note may not be prepaid until such time as Lots 23 and 24 of
~ Williams Subdivision, recorded in Plat Book 4 at page 6Q of the
~ public records of St. Lucie County, Florida, have been released
~ from the lien and operation of that certain mortgage from payee to
~ Sun Bank of Fort Pierce, formerly First Peoples Bank, in the original
principal amount of $45,000.00, dated October 19, 1972, and recorded
~ in Official Record Book 207 at page 1133 of the public records of St.
~ Lucie County, Florida.
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~ c~ SIX INVESTORS, INC.
~ ~ BOOK ~?cRJ PAGE 7W
~ BY: s/ James E. Hatfield `
~ resi ent ~
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