HomeMy WebLinkAbout0279 ~0 T1i~11~ ~d !he same, togethe? with the tenement~, hereditaments an~I appurte-
~ nunces the?eto be~onging, and the renta, issues and pro~ils thereoj, unto the mortgagee, in ~ee simp~e.
~ Ihe mortgngor conenanb with the mortgagee that tke mortgagor is indeJ~~61y seized oj said
land in /ee aimple: that !he mwtgago~ has good right and law~ul autl~orily !o convey satd la,~d w ajore-
said: t~n! 1(~e mortgagos will make suc{~ ~urlher aasurances to perEecf t{~e ~ee simple title to sald Iand in the
mortgagee as may reaaona6ly 6e e+equired: thu! the morlgago~ kereby ~ully wwranla the litle lo said Iand
and will dejend the aame againat the law~ul claims of aII persons wkomsoever: and that said land is (ree
and clear o/ a!I encum6rances
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V~~d ~~ays~ Ihat iJ said mortgagor sha~~ pay unlo said mortgagee the certain promis-
sorq note he~eina~ter su6stantially copiec~ o~ idenli~ie~, fo-wit:
FORT PIERCE. FLORIDA March 27 , lg 75
Se SC~I@Clt31e OW--- ~fter due I, we. or either of us promise to pay to the order of +-y'+•e~
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.t. ;?,:~f#~~~E`~ATlONAL BANK OF FORT PIERCE ; ss,ooo.oo
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, N~ FOST PIERCE, FLOBIDA
~ 0~~~~;1~'
F~-five ThQUSand and no/100---------------------------~OLLARS
DUE
wi~6 lolerest after~al t6t rate ~I~]L-Otr eent ver snn~o ~alil ~ali, ter ~~I~c reeel~ed, ncseUable ~nA
varaNe at the oftiee of sati ba~k, and It aot eai~ st matrrlt~ tAb n~te sas ?e O~seN te tse ha~d~ of aa allorae7-st-
lar t~r edl~elieA: aad in tAa~ e~ent It ta asreei an~ fnmlaN. ~7 t6e maken ~aa eei~nera, ureraU~, to na~ s res- ~
.ouaele atl~rneY's tee, an~ 16c~ de ~al~e /le ri~tit b Ye s~e~, after de(aalt, la t!s es~al~ ~t lAeir mideac~: Da~in~ ~
drn~slted wHA tbe sali Bsnt ss eetlaterat xe~rils fer ti-e ~srmeet d t6b aote. aad aas aole ~ircn io eslewNn
~r rrnewsi t6ereef, aad as ue~rft~ tor l6e pasment of sa~ otLer IlaDlilt~ ~r IIaDllltles ot lAe uadersisne/, t• ui~ B~nt N0.
wAH~er aow e:istln~, er henatltr artsin~ tbe t~ile~int ~n~eHr, dr.
` ~
~ That certain propertv of even date hereto and to which reference is hereby made. Payment
~ schedule as follows: 119 ectual monthly payments of $726.84, principal including intereat '
~ and one tl~ final pavment of $ 722.21 . First pavment due May 15, I975, and on the 15th day ~
~ of each succeeding month thereafter until pnid. ~
~ - ;
~ One Hundred FiReen lfiousand Five Htmdred and no-- ~
at a orc+es/ sarket ~al~e estis~lN ~f tAe .oa~n~s~a a?~ DOLLAYS ~
aad a~o~l~ uld 6ant, er l6e 6elie~ 6ereof, ~ereaftcr e~n:iier tiat the ~arket rsiM ~t wi~ sec~rilies Aas d~cllned, or shoald sat~ s~cnritlcs tor ant reasen ~
beeome ~nsstisfaeter~ t~ ut~ Eaat, ~r tAe e•~a~r Lertd, tbe asierslsaN lete?s ~sr~es lo make parmeot ~n ueonnt ot tDis e611sslien udstaetor~ t~ tAe ~
bol~er Dere~t. or, t~ dcli~er t~ ~ald Baek, ~r tAc Lelaer Aere~f, ai~lti~nal seesritle~ t~ t6e satlslaetian ot tAe seider oJ this oNlsatfen. An/ t~r an7 otLer ~
IiasiUtles te uli Baat, whelAer iae ~r n~1 ~se, er Letsatter srisios, t6e mdccdsnN als~ hereb~ ~i~es to ~aiA Bank s ikr ooon ail propert~ ~r see~rilin [i~ea
lo sr ktl te ~ssbn ~t nN dsnk ~s the •aicrdsaea, ao~ a1N ano~ ~slaaee ef tLe icPosit accoont et the oadcnirned with l6e satd Bant_ Fer ralre }
rerel~e~ t1e ~e~ersi~wN here~~ hrteer asrtes l~st ¦p~~ LDe ~~a-oer[~r~s~ee ~t tLL ~r~ebe to oas. ¦pon failare, insoi~enes, or aDan the non-P~~scnt ~f i
~nr ~t tbe Ita~lllties et Ihe ~nierslrnN t~ satA Bsak, ~t ~~ea f~[I~re ~t tYe aaaersl~aN wtlAte tbree dass atter dale ol aailini notiee aAdressed to the maker i
6ere~f, st lis a~inss. ss ~i~eo Ais at lhe tt~e ~I t~Wes iWs a~k, ae~ eniotsei at t6e twt ~t thfs nete, t~ make satisfaetorT pa~meot on aeeoont ~r to
furnise aidltlensl ~eeorftlr, satbt~etor~ t• t6e lreai~eat ~t Caaller ~f sal~ Eaak, ~r ls t~e A~Nrr hereof, ta case ef a decilne as at~ressid, tAen, ani In
ritder s~eh eau lhlf n~te snd alt otAer o?Ilptioes a~~ IlaWillq ~t tYe ~ader~~y~d b the Hant, and ans and all af tfie0 s6a11 torth~it6 Eeeose ioe and
para?le ~Illo~t I~rt6er ~emsni ~r aotlee: and fotl N~rer teA s~tbHtt b ken~~ ~ins t~ the uid Bant or IDe hotder ~f lhls a~le to seU. sssisn aai deli~er
y thC de o~ se7 prt ~t t6e sM~e oeatl~nN •rwerts saA ~eeaHtld. ~t aa1 ~~rt llere~f, ~r ans ~o~~til~te t6erc/sr, or ~f i07 addI~IOOf th.rcte, at prl~ak er
vublie~ ale al tAe ovtl~n ~t sald Baak er ila Tnsideot or Ca~Licr ~r tDa hNiec iere~t ~NS 1• dsss' notlee mailed to t6e addresa ~oeelfied 6e1~~, •or to esker's
~ bst t~wa aliress. saA at saeY sale t6e ui~ Rsak, er aa~ N Its eftbers, or tlie b~Ncr lereof, ma~ ~ceome tbe P~tehaser o( t6e w6ole or sn7 Parl ~t the sald
sreurf s, trte /ro~ ani rit6l et redemntloo b~ tee anlersi~ned, ~61eL Is \ereh e=~ressls Rai~cd and relraud_ In ease et sale tor aas eaou, afler dN~ctia~
n
all le an~ otAer costs fer eolleetl~o, ult. ~na a~n~~., ~f sal~ ~r~fctts. tael~~in~ attocuess fen, ts 6eroiobe(~re pr~~iied, tbe sitd Baok ~r lbe holdcr ~ere~t
mat av~b tAe resfa~e ot tAe or~eeed~ ot t~e sale ~r ssles w asie b ~as tLis n~{e, ~aA tAen pas aw~ or all ef lse IbbillUn ef tAe undersisaed t~ aafa Eank. ~
whelber ioe er aot ~rc, or hensfter arbins. •s aa7 ef fb •(flan shall ~eter~ine, satle~ proper rebate tor Interest on IbbUftles net ~re, retornia~ lhe onr- !
s~ plux, it ans, to /be nnderslseN, ana lLe uaderaiieed ~Iw a~rees thst tYe e:erefse, sr t6e emissien to e:ereiu, bs uld Bank, er tAe 6ol~er berest. K an~ of !Le ~
rishts •n~ prl~ikRd bereh eonferrM ooon ssid Bank, er tbe 6~Ider ~ereot. ~hatl a~t ntln or efteet ans otber or subsa~otet ri~6t t~ esereise tAe same. and t6e
~ undenl[sd also s~r^es to 4e anA remala Ua?te t~ sald Bant, ~r te l6~ YoNer Aereot, (~r an~ i e a~frt~{ /La{~ r i }~oset6er ~ilA laterest tbere~n
~ sl lbe rate ot ~er «n ~er annoa antlt tAe saae I~ trlt~ ~al~. ~7L~~VL~~ ~l~• 4
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