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Home My WebLink About2052 T1ANf A111< <0 T111~~ I~~n same, toyethe~ u~it~~ Ihe le~~emenf~, tie?ec~ilamenlt nnf~ appu~te- ~ nancrs.lli~~eto 1?~•~un~~iu~~, anc~ Itie renla, issues a?u~ p?o(ifs Ihrreo~, unto fho rrwrigage~, in ~es simp~e. ~ fhe morlgago~ covenanfa wuh ~h~ mortgogee lFat ths mo?tgago? la ind~l~,rblr sMsed o/ satd I~ ~ ~ana in (ee simp~e; fhat f1~e m~?tgagor i~as good r1g~t ~and lawfu~ nulho?tfy fo conwp sald ~and aa b~oro- said: fl~at the morfgagor u~ill ma~~ ~ucl~ ~urtl~e~ auurances lo per~ect Ihe fee iimpl~ fif~ !o saicl Tand ih Iju 4~ morfpa~ee as moy reasonably 6~ nqutred: el~ae eh. ~no.~~ I~.r.br /ully uiannnta th~ litb to said land i` anci u~ill deJcnd the sams agai~at !k~ Iaw/ul clainu of all pe?sona wkonuwuK: and tl?a! ~ald land ts /n~ ana clenr b~ a~~ encumbtances except t8X@8 accruing subsequent t0 December 31 ~ 'I 1978; and that certain mortgaqe to Citizens Federal Savings and i~ Loan Association of St. Lucie County dated June 2, 1976, recorded ~ in O.R. Book 253, paqe 1403, re-recorded June 15, 1976, in O.R. Book ' 253, paqe 1887, public records of St. Lucie County, Florida, having I, a principal balance of $363,374.75. A default on the above mort- ~ q a q e w i l l c onstitute a default on this mort ga qe and the promissory ~ notes secured herein. ; i I i i t ' ; i . i i ~,~J ~V~1~1~ ~~s~ tha! ij suid mortgugo~ ihaU pay unto said mortgngee t1u certain promis- sory note ~ere~naf ter su6stanfia~~y copie~ or icrenti~terl, fo-wit: I i~ Promissory note from Ben L. Bryan, Jr.., to Richard K. Davis dated July 12, 1979, in the original principal amount of $35,500.00 I payable in four (4) equal, successive annual installments of $8,875.00 each, beginning one (1) year from the date hereof, and interest (at the rate of 9-1/2$ per annum) on the unpaid principal balance shall be due and payable with each installment of principal. ~ Promissory note from Ruhl W. Koblegard, Jr.,.to Richard K. Davis dated July 12, 1979, in the original principal amount of $3~,500.00 payable in four (4) equal, successive annual installments of $8,875.00 each, beginning one (1) year from the date hereof, and interest (at the rate of 9-1/2$ per annum) on the unpaid principal balance shall be due and payable with each installment of principal. _ , ,j Promissory note from Rupert N. Koblegard, III, to Richard K. Davis ~ ! dated July 12, 1979, in the original principal amount of $35,500.00 payable.in four (4) equal, successive annual installments of $8,875.00 each, beg~nning one .(1) year from the date hereof, and , interest (at the rate of 9-1/2$ per annum) on the unpaid principal ~ balance shall be due and payable with each installment of principal. ' i ,i ~ - . _ ~ ~ , ~ Ii . . ~ ~ i t ~ ( ~ ~ ~ a i ~ nx ~ PAGE~JV ar~;?x31 ~ ; ; . . - - .