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7p ~~wVt A11~ W the same, fogolhsr with tho leneininla, ha~editamenla and appurte-
nanees Ihetnefo belonging. and the%rents, issues and pro/Jia thereof. unio the mo?lgapw, in fee simple.
X11111 the mort a or covenants with the Mort
g g gages that the mortgagor is indefeasibly seized of said
• land to /es simple; that the mortgagor has good right and lawful authority to convey said land as ajon-
aaid; that the mortgagor will make such further asaurancsa to perjsN the j« simple tills to said land in the
mortgages as may rowonably be required: that the mortgagor hereby /uUy wananta the tills to said land
and wil! dejand the cams ogatrtut the lawful claims of aU persona whomsoever: and that said land is jrw
and clear oj.aU sncumbronceaexcept that mortgage executed by Lloyd Taylor
and Clotilde F,- Taylor ,his wife izi,f8vor p~ First Federal Savings
and Loan Association of Ft Pierce-dated Mhy 24,1~9~6 anal recorded
in 0. R. Book 253, Page 515, Public Records~`dt'St. Lucie County, t .
Florida in the original amount of $28,800.00.
+
ALSO SUBJECT to that ceitain Second`MoYtgage executed by, Indian I
River Gardens, INc., a Florida Corporation in favor of Clotilde F.
Taylor•dated January 10, 1978'and and recorded in O. R. Book 290, ~
Page. 2.487-of the Public Records of St. Lucie County, Florida in
the. original amount of $3,265.90.
~V~ ~11W~sa thnt i j said mortgagor shall pay unto said mortgagee the certain promia-
sory note he~einnjter substantially copied or identi/ied, to-wit: •
t
I~ - ~ - .
;ro• `+c e., iM. YrroeN IIr.bM µw*b Mr~i.M irwr 7.r4bI} ~ •EMIMOL[ iORtM ~7
1Vlortga~e 1Vote '
S 11,400.00 ort Pierce August 3 x,79
FQR VALUE RECE+VED tht s;nQ~r..-.~e ~ Wow ion ee Gar +o rha cr per of
INDIAN RIVER GARDENS, INC., a Florida Corporation
I , C- nc+pef sum at Eleven Thousand Four Hundred and No One-Hundredths--- ~a,_,.; i
f
- - r^er with +nterest thereon at the rats of ten c,e; cen+ ,•n~,~m fro~+ this date
.d~,
•~t t +natunty both p~nuLat sad ~~teresr be+n9 Garao'e is«t~l M,~ar c! •er U-.,+t. ;t_;•et such pr,nap.+! r.~* s•+1 :-•.,.;~t ~,ratrie":^ ~r~:~r: as t;:~•..; !
24 equal monthly payments of 595.00 (representing interest only with the first -
j uayment to commence on September 3,1979 and a like sum~on the corresponding
i day of each_like succeeding period thereafter. Then 59 equal monthly payments
of $110.02 with the first payment to commence on September 3,1981 and alike
sum on the corresponding day ,of each like succeeding period thereafter until
August 3,1986 on which date the entire remaining pr ncipal balance shall~bZ=
me u an a a e on _p en n ess mo i ie as agree
on rac o u ~ e a ere o is note re erve the right of pre-
~ payment inn whol~ or in part at and tim~~~ithout ~en~~t~. .
Such rns+at ant Car~+erts shalt be app,e., fast to rite ;nterest a_c•~ ~g u~ er t .e rerms cf !n+s r, to s•+ t ._rt o a rec'.cr~an'o~ +he pr+nc.pal :+w+ebtsdness
Tie n+s~.-.s a~,~ e-an•scrs of lh,s ^c!e !urrr`e+ aq•ee to wave ,t. ~:.+•,d nonce cl Boa psr•n~-t and pretes+ a-d ,n the e.Mf su•• shill be b•ougl+f for rM
°^'a^ t,•.•oi o• t^e s -,e gas !o be .^c!..te^ uy3~ ~e^+dn7 0} a^ .~^Orsy to par •easor.dW..,eoroey s !r-•s for roar ng such ce~..cnon At; pir+net+ts hNS-
tt+all 4!3' i..!F.oi' a •0!+!dtC OF ten Ce'cc^' 'Jef a'fn~^ rr C:'~ .r „mot t ra ~ ~'iS note ~5 :2l r*;: hI a I•+Or+Q,~ye 1. fh ~
- OF e~E.^. d•e erew• and •S r0
.~.-•St.. e-+•_CCJ aGCOr .~n t0' w: 01 .a S!3te 4{ FID•,?j ~~+l.;t ~ P7 i •rr. n1 ~ u ,
9 - Eton y. o' p- -~.oa• ~+e•est when ~~e, the ..hole sum of
c r ate. .r.•.r. . , u^p! d :r ~ ~ ..e •.G'~o^ of r~.e hcl : c• c-,e .•c'r _ -:.tr; pa, r.:. :,,r.•e !o eterc.:e this opr,on shalt -or censhturr
I ~ . -c- of •o erzerc~se Ir+e sa~*e .n t^e eye^+ of wbsEa.-^t ~efr., t
, 2501 Sunrise Boulevard SEA .
James E.Hatfieid
Ft. Pierce,Fl. .33450 _ sEAi '
James R.Turner
- `~:h Othlr ~tdCE di i+'a~t be ~5EA1i
gaared br the holce+ or:•.:; ~ Joseph G.Miller
. ~n r.r~t,~q .SEAL;
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