HomeMy WebLinkAbout0929 . ~
7~ ~ ~ ~ the~ sa?~ie tu~~ ~ ~ : - " '
,„c.ther.t~;it~ the Icn~~~snls. I~eredttunients an appurfe- !
?wnces tl~ereto laelon{;in~, mKl the rents; ls.,~~es a~ul ~~roFts thc~reo/, unto tl~e mortga~;ee, fl~ fee simpl~. ~
~ N~e mort~a~or caue~wnts icit)~ tl~e mort~ri~ce Niat the »~ort~;a~;or Ls irud%ostLly seized oJ sakt
lund ~n fea sFny~le; tJ~at tlie ?nort~;u~or hus ~;ood ri~;lit a~ul ~uu~/r~! ac~Nrorlty to convc~ said /and aa ajore-
s~aut; thot tlie ~no~t~o~or ecFll maka s-~~clr fsrthe? asse~~ances to ~~erfccJ ll~e /ce si~»ple trtle ~o snu! lo~u! !n the
?nortgagee as mn~ reasonal,ly Le requir~ed; ~i,o~ t1,e ~r~on~o~;o. t~ereG~ /ull~~ ~carrarils tl~e title to sakl land
and wjll d%nrl tGe aame a~;ainst tiie bu;/ul cfainis o/ all pcrso?u u•l~o~nsce~:er;' o?u! thot saul 1aiu1 ts free
and clear of all encumLrances
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~s~ t~at if said mort~Ga~;or shal! ~xi~ unto snid mortga~ee the certain proinis-
sory note herernofter substpntidlly copied or rclenti~ed, to-u;rt:
fORT ?IERCE, FIORID/1, Octob~r t9 19~~ '
?AYMENTS INTEREST
OAT[ AMOYNT ~AL. OY[ OATL AMOYNT rA1D TO
fa valw rK~iwd. 1Fr w+dNSipe»d promis~(s) to p~y b th~ ordN of th~ ~
~ ST. LUCIE COUNTY BANK
r~ ~iatcE, aatroa
rh. w4~c~Pd .wn or
Twenty Fiv~ Thousand snd No/ 100------ o~,iw„
~ ZSi 000. 00 ~ with iM~rat d1?t~
~ , at tM rat~ of-
9 T a~ pei em~xe on Nw w?p~id b~lrin uetN pW.
Th~ s~id princip~l and inqnat sh~il b~ p~yabi~ d th~ S~. leci~ CouMr ~~n14 Taf
Pi~ra. Fbrida, a at wd~ qMr plac~ a ttw ho1dK nNy daipnN~ in vrrftin0, sdd
pineipal ro b~ p~td at tM d~t~ ~nd in tM n+MVwr fotlowinp:
;25, 000. 00 oa or betore Octob~: 29, 1977. Inter~st psyable quart~rly
t~t~rsst ~~rment• to comm~nce 90 d~y~ after itrst sdvance o~ innda.
If defwh b~ mad~ in ~ny instsiMna~t u~d~r this not~ ud H~ny f++d~ defauh it ewf n+ad~ pood witl~in 30 d~y~ of th~ dat~ of ~Md d~faulf, th~ ~
p?incipal wen aed acaued inter~st shall ~t onc~ bscorn~ dw ud payabl~ without notia at tM option of th~ hdd~r of tM~ noM. F~ilun t6 ~ thi~
option shall not constmn~ a w~ivw of tFw ~ipht ro~:~rc~ tlw w~a in tM ~v~nt of a~y wbwqwm d~fwN. in th~ ewM of d~fauk !n th~ p~y~r~nt of
rMs na. and K rh. ,.m. b coU.asd by sn •nwr~ey at I.w rh. w~dengn.d h..sby ayn~ ro par •II cosy of aotl.ulon inck~d'n+p ~ n.wn~bM mon~/a f.~.
3sid St. leci~ Caunty lank b~inp ~xpressly a~thwiz~d w ret~in am penuai a apeciat d~pwit, coN~tsr~i, rNl or pusond Mwrity p procydr tl~pf,
b~ionyinQ w eitMr of vs, whatMr msker, securify a ~ndo?sa, now a Mraher in posseuion of aid St. Luci~ Ca~?y b~nk durinp th~ tim~ thit nW~ n-
maim w~p~id and b~fon or ~ft~r maturity apply sam~ to Mas « wM~ d~M or liab~lity w saM lank. dw a w b~ooeM dw to th~ holtlM d thk rwh.
?nNntnnnt +nd profnt aed notia us Aar~r
walwd. '
P.O. Bos 9t4. Oraa~~ Park.Fls. /s/ Louis B. St. Petery ~ ~
/ s/ Marian P. St. Petery ~
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BD~I~~ ~6E a~4
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