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HomeMy WebLinkAbout2125 j i . ~ i , • ~ S~ ~AY~ ~ W ~~d Ih~ suu~e, to~~thc~r ~cifh tlic tcncu~cnts, 1~ercditun~ents an up~~urte- ~ nances thereto 6elon;;in~, a~ul the rents, i~~~cs a?ul proFts N~creo/. unto tl~e n~ortga~;ee, in fce simNle. ~ ~ the mo?t~;uror roce~~anls ~citl~ the ~nort;;u~ee Uiat llie »~arttiu~;or is incle%asibly sei;,e~l oj saicl la?u! in fee simpte; N~at N~e rnorthutior has ~axl ri~;let a~ul luu'/ul uuthorittJ ta conoeJ suu~ lund as afore- saul; that tlie mort~a~or ~cill ~nuke such (urther assuruncr.s to per/cc1 tl~c /ce sin~~~le title to said la~ul in the mort~;agee as may reasawGl~ Le required; tl~at the n~ort~a~;or I~erebJ /ultr/ ~cu?rauts tlie tiNe to said land arul iciU defencl tlee same ahui?ut N~e la~~/ul rlaims o( a!! ~x~rsons uhai~soeuer; and that said Imul is free and clear o/ all encumbrunces a ~~V~ ~UW~S~ N~at if said mort~;a~o? sl~all jw~ unto soul mort~aree die eertain ~~romis- sory note l~ereinafter s~J~stantially copied or iclentifiecl, to-icit: PAYMENTS INTEREST ~T PIERCE, FIORIDA, ~~b• 1$ 19 T5 . DATE AMOUNT ~A1.. OU[ OAT[ AMDUNT ?A1D TO Fw valw rauived, th~ v~wkrigned promi~a(~) ro p~y to th~ orda of tM ST. LUCIE COUNTY BANK FORT PIERCE, fLORIDA ~h. p.uxtp.~ .wn of i - wenty thou8and and np/100 ~ i _ ~ n 20, 000. w~h ~~t F_ b. 18, 19T5 j _ ~ ~ at tM r~t~ of 9 i pu aa~t p~r ~nrNxn on tl» w~p~id bsl~nc~ unNl paid. ~ ; r Tiw s~id pr'~ncipai and bt~r~st ~il M payabl~ ~t th~ St. t~rci~ Cow+ty b+nk. Fwt ~ ~ Pi~rp. Flortd~, a~t wd~ ot?wr pl~c~ p tM hoW~r m~y daipna» in wririnp, saW ~ ~ pintip~i to b~ paid ~t tM daf~ u~d in tM marw»r followirg: ~ "r ~ ~20.000.00 plua interast due June 15. 1975 ~ ~ ~ ~ ~ ~ ~ If defwk bs m~dt ;n any i~»t~liment ur+d~r tha not~ and if ~ny such defauh i~ not made ~ood within 30 dsys of rh~ d~» of ~aid d~f~vN, tM ~ntir~ ~ _ principal sum uid ~ouued interat sFwif ~t onc~ becortw dw ~nd payabl~ withovt notia at th~ option of tM holdK of thb not~. F~il~x~ to ~xKCis~ thi~ op~~oo shaN not constituu i waiver of th~ rght to ex~rcise tM same in tM ~vent of ~ny svbspwnt d~f~ult. In the ~wrN of defauh ~ tM p~ym~nt of y this rw~ ud if th~ same b collected by sn attorewy at law tM vndersipnsd hereby ay~N to pay dl cosn of aollecHon includinp ~ naon~bl~ attarwy't f~t. r S+td St. u+d~ County Mnk beiny expr~ssly authwizd to nuin ~ny ~ral w speci~l d~posit, col~~terd, nal w I wwr w ' belonpinp ro either of vs, whethsr maker, secur' or endwser, now or hereafter in ~ PfOC~ th~?~of, ~hr paieuion of iaid St. L~ci~ Co~nty 6a+k durinp th~ tYM tl?a not~ n- mains vnpaid ~nd before w ah~r maturity spply sam~ to thh w ot}~ debt or li~bility to s~W bank, dw a ro b~oorn~ dw to th~ holder of thi~ non. ~ Pr~stntm~nt ~nd prpfpf snd notiu an Iwr~by waiwd. Ma~'~ CO~c ap~d J~ames P• S~til ~ ~ an ar ara . ~ y ~ w A~oaess - ' SE/?t 'a ~ ?v0 ~ _ .....e~...s-................ ~ ~ ~ ~ BOOK ~36 PACE21~ ~ r ~ ~ _ ~ , _ _