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HomeMy WebLinkAbout0286 . • ~ : ~ ~o ~ue ~nd to ~oid Ihe same, logrfher wJlh Itie tenements, hNeclltontenls an~ oppu?ft- nanres fhp?elo he~onginp. an~ ftie ?ents. tssues and proJlfs ftirreo(. unfo tti~ mortgage~. in ~~t sirnp~. ~i~ f/~e moifpagor coi~er~ant~ u~tl~i I~e morfpagee I~af I~s morfgQgot is (ndv`east[~ly srised o~ aold ra„~r in jep simplp: f~af f~e morigagor ~aa good ?ight an~ ~nw(u~ aulho~tfr fo cw~vey sald la~~cl as o~pr- saic~; t~at !he moripagor u~il~ mo/ee ~uch (u?ther astu?nnces to per/erf l~ie ~et iiw~p~ fif~ to s~ jan~ ln t~ , morlgagee a~ mnp rPasonably be rpqui?eel: 1/eat 1/~e fioNeagor b~.e6r /u~~jr wan~anb f~~ lit~e to saId ~ond and w111 dp/end the same ogoinst I?~s Iow~ut clatms o/ al1 penons wi~onuoever; and t1~at sntd land ti jrst ae~_~clea~ oj ~ll encum6rances • • . j~~~~~ Ii~W~s~ that i~ snicl mortgagor i~al~ pay unto said morigogee the certain poow~Is- sory note ~areinaffer su~stantial~y copie~ or idenli/ied, fo-wit: ~ } $ 23, 000, 00 Fort Pierce. Florida Septembet 19 T7 ~ ---•M: ~ , . ~ For value received, the undereigned promises to pay to the order of FLOBi~ BA1~C AT FOItT PIERCS. at SOl Orange Avenue, Fort Pierce, Flarida 334S0, or ' at such other place within the iJnited States of. America ~rbich tbe holder bersof .f ' ~may deeignate in arritfng to •t'he undersigned, the sua of ~ ~,ient -three thousand nollars, . - _ _f: in installments; as follows: - consecutive aonthly instailments in the amouat of $ 291.4~ each, due and payable on tbe 23 day of each calendar month hereafter, com~nencing on September , 19 7] ~fi~~= and a BALLOOV and final installment of $ 14, due and payable ~ on the daq of_ SeFtember , 19_ 82 , together vit6 interest on ~ the unpaid balance hereof from the date hereof at the rate of ~g~ perce~t , ( 9x) per annum, payable on the same dates installweats of principal are due. ~ Zf arry one or more of the following events should happen:~ Tt?ere shou2d be a - default in the payment of interest or an installment of principal due ::ereunder, ~ or any party hereto should~ malce an assignment for tli~e benefit of his creditors, or attachment or garnishment proceedings should be co~oenced, or a~ud~ent be . entered againet any party to this note, or a receiver be appointed over auy property of aay party hereto, or proceedings be instituted by or against any party hereto under the Bankruptcy Act, as amended, the halder hereof may, at his option, vithouC notice or demand, declare thfs note i~rsediately due and ~ payable. After the maturity of this note, whether by acceleratioa or othervise, : :t shall bear intereat at the highest legal rate. _ ThQ holder hereof may, without notice and ~rithout ieleasing the Iid:;i~i:y vf any paxty hereto, grant extensions or renewal8 hereof fros tiae co tiaee and :or ~ ~ay term or terms, add or release one or more parties hereto, acquire additir,r.a2 ~ecurity, or release any security in whole or in part. The bo2der hereo: s::s:l not be liable for or prejudiced bq failure to collect or for lack of dili_genee ~ bringing 8uit on this note ar any reneWa2 or extension hereof. : AII parties hereto waive protest and agree that, in the event a default accurs . an~ this note ie placed in the hands of an attorney for collectiom, they vil~ _ pay fifteen per cent (15x) of tne principal hereof as'attoraey's fee. ?he . words."any party hereto" or "ull parties~hereto" shall, 1n addition to the ' ; u;~dersigned, include endorsera, suretias and guarantore of thi~ note, and • " tt~a word "uadersigned" shall include the singular as well as tbe plural number. ~ ~ Right to pre-payment vithou lty. ~ ~ . ~ ~ 0 ! (SBAI.? . . ~ AMES D: U~ker ~ , ~ _