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70 ~e th~ su~uc, ~u~etlu~r u•ith ihe.~ te?~cnie?~ts, l~eredituuicr~ts an app~~rte-
~wnces tl~ereto Gelonain~, a~ul tl~e rents, issucs an~l ~~ro~its thercoJ, unto tl~e mort~;a~;ee, in Jee sim p1e.
~ d~e mvrtgoFor cocerurnts ~cith N~e n~orl;~r~;~ce N~at the mort~;u~or is i?x1e%asiLl~ seia,ed o/ said
la?u! in /ee simp?e; thnt the morl~u~;or hus ;;~xxl ri~;ht u~ul luir/ul uutll0rit~ t0 (•once~ sau! la~ul as a/ore- ~
soid; thu! the mor~;;u~;or u:il! n~ake such further a~nunces to per/ec~ tlre /ee si?~i~~le iitle to sa+d larul in the
mort~;a~;ee as ma~ reuso~wlil~ Le reqaired; that the morttia;or Irercl,~ /u1G~ ecorra~its tlie tiele to saul l~i?u~
untl uiU deferul the son~e ugainst the lawful claims o/ aU persoiu ichansceue?; unc! that saul laul is free
and clear of oll encumbrunces
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~~V~ 7~W~S~ tha! if said mortha~or shall jxr~ unto saitl mort~o~ee the certain promis-
sory note hereinafter substnntiolly co~~rerl or identi~ied, to-icit:
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PAYMENTS INTEREST FORT oIERCE, FIORID/1. Feb• i8 19 75
( OAT[ AYOUNT YAL. OUC OAT[ AMOYMT ~AID TO -
fw wlw r~teiwd, fM und~rsipn~d promiw(a) to p~y to th~ wder of fhs
~ ST. LUCIE COUNTY BANK
Fo~r Pi~. aowcw
~ th. prL?Cipd wm or
~ !'peaty thousaad and no / 100
od~
~
E ~ 20, 000. 00 Feb. 18. 1975
_ a, w~ e~
i
i
t at rFw rat~ of-
9~_ aro p~r arwwirn on tlr unp~id bal~na ~ntU p~W.
4 Th~ said p;ndpd and int~nst ~hali b~ pay~ble +t tM St. luw Co~x~ty 6ank, Fort
~ Pi~ia. Ffaida, a~t wd? otlw pl~u a tM holda may d~sipn~b i~ writirq. ~aid
~ pincipal ro b~ paid- at-~hs-dar• ~nd in th~ m~rowr followinp:
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~ ~20, 000.00 plus intereat due on June 15, 1975
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~ . It defavM b~ mads in ~ny iratallment vnd~r this not~ ~nd if ~ny wch dtfavlt b not mad~ within 30 d~ of tht dat~ of said d~f~vh th~ ~ntir
Y+ . •
princip~l sum and ~ccrued int~rest shali s1 onc~ becan~ dw and payabl~ without notiq at tM option of th~ hold~r of tFw not~. f~ilure to tx~rciw thi~
o~f~on shali not constitut~ ~ waiver of tFw ripht to ~x~rcis~ th~ ssm~ in the ~vent of ~Mr sub~qutnt d~favlt. In th~ ~v~nt of defwh in th~ p~ym~n1 of
t
' ~h~s not~ ~nd if tM wma is oolled~d an attorn~ at law t!» ~~ders' ned here rN to all cos» of collecrio~ includ'
: bY Y ~p bY +D WY u+y • r~~wewbl~ more~/. fK.
~ Said St. Luci~ County dank be;np ~xp~~uly authorized to retain sny 9~nud w ~p~cid d~posit, coil~taal, rul or pason~l wcvrity a procNds tFKnof,
belonpinp to eithtr of w, whetlwr maker, s~curity or endws~r, now a heruher in poaeuion of Nid St. lucie Co~nty Mnk dtrrinp fh~ tim~ this not~ rr
~ R+ains unpaid and Mfa~ or ~hM rrwturiry apply ~am~ to this w otMr d~bt or liability ro wW Mnk, dw a to b~oonw dw to th~ ho1dK d thb rwM. f
v..,.~,n~~ ,,,d ~o,.,~ .,,a ,ar~. ti.,.~,, w,~.a, Marlin C. Cook and Larry P. Highley f
~ and Laura S. Highley
~ ADDRESC •
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aooK236 PasE21?.,8
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