HomeMy WebLinkAbout2367 n~e fU~ IW~~ the same, together wif{? the tenements, heredifanenls and appurte-
nances flternfo belanging, and the rents, issues and profits thereof, unto the mortgagee, in fee simple.
II ~nd Ilte mortgagor corertartls with the mortgagee that the mortgagor is indefeasibly seized of said
~t land in Jt•e simple; that flte mortgagor has good right and lawful authority to convey acid land as afore-
said: that the mortgagor will make such Jurfhe? assurances to perfect the /ee simple title !o said land in the
,j mortgagee ns may reasonably be required: that the mortgagor hereby fully wntrants the title to said land
ti and trill defend the same against the Inwful claims of all persona whomsoever; and thot said land u free
jI mtd clear of all encumbrances e~00ept ta~oes aeeruiTlg subsequent to December 31, 1978; ~
and that certain mortgage from Walker Citrus Fruits, Inc. to )r3rtn>a Jane Heflin
dated July 18, 1977 and reeo~YY3ed in O. R. Book 271, page 911, public records of
1~ St. Lucie (bimty, Florida; a default of said mortgage from Walker Citrus Fruts,
i Inc. to i3mtia Jane Heflin dated July 18, 1977 and recorded in O.R. Book 271, page
i 911, public ~y ~~~,~y, Florida shall constitute
`R a default of gL~~ij~~~y~YM. GilbeYtand Laura P. Gilbert, his wife
to Walker Citrus Fruites, Inc.
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~raaded ~lwAys, That iJ said mortgagor shall pay unto snid martgagee'the certain promi:-
•t sory note hereinafter substantially copied or identified, to-wit: ~
= 7, 445.84 Fort Pierce, Florida January , 19_ 79
~As hereinafter provided after date, 1 , we or either of us promise to pay to the order of
{n~I~R CITRUS FRUI'T'S, INC . .
SEVEN THOUSAI~ FOUR HtII~RFD F`OFr1'l( FIVE ar>,d 84/10 DOIIARS
for value received, payable at Pwt Office Box 717, Fort Pierce, F'L 33450
with interest
from date at the rate of 8$ per cent per annum until paid; interest payable See below
it debult is made in +ny payment when due sad tontinuq for ]0 days, then d tM option Ot tM holder, and without +nY other noticrb
all tM rem+ining balance sh+ll be due +nd payable +t once- i `
Md e+ch of us wMtMr m+4er, guaranrw a endorser, hereby severally waives and renounces any and +h homestead exemption righb
w• may Mve w+dw tM Constitution or laws of the State of Florida, a any other State or United States, as ag+i++st this note; and each further
` waivee demand, notice of nort•p+yment and protest, snd in went it becomes necessary to collect this note through an attorney, ogress to par
+II cwts of collection, including reasonable attorney's fee.
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This note may be pttp+id in whole or in part et any time without penalty.
All sums in defoult stroll bear interest of 1096 per ttnnwn,
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The principal shall be due artr3 payable in eight (8) equal annual sucxessive I
installments, the first of which shall be due one (1) year from the date j
hereof. Interest on the unpaid balance shall be due and payable with
each installment of principal. Each payment shall be first applied to ~
interest and then to principal.
A default in the first mortgage between IImla J. Heflin and Walker Citrus I~
l Fruits, Inc. shall cause all the•remaining balance on this note due and
payable at once. _ .
~e tax required by Section 201.08 of the Florida Statutes has been paid and
proper stamps have been affixed to the mortgage which secures the obligations }
evil by this mote. i3
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