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~ 10 ~ ~ the same, together wtlh the fenement~ ~eredtlamen4s and appurte-
nances thereto 6elonbing, and fhe rent. issues and profits Ihereoj. unto the mortgagee. in lee simple.
n11i~~ the mortgagor covenant with the mortgagee that the mortgagor is ind~jeast6ly seized o/ said
land in jae simple: that the mortgagor has good right and lawful authority to convey sold land as afore-
said: that -the mortgagor will matte such jurthvr asturar?ees to perjrct the je• simple title to said land to the
mortgagee as may reasonably be iequired: that the mortgagor hereby /uily warrant the title to said land
and will defend -the same against the iawjul claims of all persons whomsoevefr; and that said land t jne ,
and clear o/ all encumbrances except subject to that certain Mortgage executed
Lloyd Taylor and Clotilde F.Taylor,his wife in favor of first •
Federal Savings and Loan Association of Ft.Pierce_dated April 12,
1976 and recorded in O.R. Book 253,Page 529 of the Public Records of
St. Lucie County, Florida. in the original amount of $28,000.00.
ALSO SUBJECT to tat certain Second Mortgage .executed by Indian
River Gardens, Inc.,a Florida Corporation in favor of Clotilde F.
Taylor dated January 10,1978 and recorded in O.R.Book 290,Page
2489, of the Public Records of St.Lucie County, Florida in the
original amount of $11,445.21.
f
~V~ ~A~S, that ij said mortgagor shall pay unto said mortgagee fhe certain promis-
sort' note hereinafter substantially copied or identified, to-wit:
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fEMINOL[ FORM 7
~ Nor.. FI.. ;/•,.cMl F.r.W w NeuV, lwa.ew.M~•kWti.r IwcArNO' 3
!l~lort~a~e 1~r'ot
6,600.00. Fort ~ierce ~;,,,,a August 3 ~Q79
i
~ FOR VALUE 2ECEIVED !*e u^ders+y^!'- p•em~ses to oar •-e cr~[•r of
INDIAN RIVER GARDENS, INC., a Florida Corporation
M
' ~ , ~,,M,pa, ~r,t, ,f Six Thousand Six Hundred and No One/Hundredths - - -
1 ~a a•s
~ ~
• get~.er ..nth interest !hereon at the rate of ten t,e• cen+ ter ,,v~~ t•c+~ this date i
~ r matur,ry, both pr.'uCal and interest tx•~~ CaYaa•e ~ :a«f:,1 rare rn^_ J^~re: Sra•es, sych ormrrpa; s_- ono ^•_•es` vaL a ~^;,s' {imwn•s as ip pws
24 equal ~onthlj? payments of $55.Ob(representinc~ interest on~y~wit~i the first !
payment to commence on September 3,1,979 and a like sum on the corresponding
day of each like succeeding period thereafter.Then 59 equal m nthly paym nts
of $63.70 with the first payment to commence on September 3,181 and a l~ke
sum on the corresponding day of each like spcfYeedinc~ pgriQd thereafter until
j ~ August 3,1986 on which date the entire remain~n prince all balance shal~"be"
f c
a~~d~tte -
i n o u , is Note reserve the right of
prepayment in w ole or in part at any time without penalty.
~ Sxh mstal~:.enr garments shad b!• appl+ad fast to the mteres? acc•~ n~ ~nde• the terms of this note end then to s redxr~on o1 t!se prrnapal mdebledness
Tre insects a~•a e~dwsen of th+s note tether agree to ws ~e :emard not,ce cl non psYrnent and protest. and .n fhe event su+t s~a~l be bousht for tfte
. - c•~e^ ^recf, o• rye sax gas to be ccr!~cted upon oemsnd of a~ to^,rne~. to-par roasor.aWe attorney's ices fpr njk ng w<h co1'•ecrron- A4) payr*eMS !sere-
:r sna'1 :ea* +^!r-es• a •he *a!e of ten ;.rcrnr per ac~,w~ He^• cat„nty ,rt 1 t:a 3. Ths note ~s secur•.! Dr s mon~a~e o) wen date hMew+rh arsd n to
„u-,••: i-d e-'-•ce~ af.Orj,^~ t_ ...w: of ~^e Sra~s of flr.•aa. utc^ ne'a.lr t-e pav".ent of p•+nc tai ,t,!,G' +nteresf ..?en C;~e. the ..ho!e swn of
a' ^•e•^.' +e-~ -+ny v^ps d s^r~. at •-e oo'~o~ of the 6oLe•s a=_ec^e - • a•e!y end parsD~e ~a-'u•e to eaerose Th s ep}+on shah not consbh,~•
.e~ ct •'~s-• ..y^. r; exerc.se ewe sa-.• ~ •,e e.-~^r of su~sea,.e-• ~c!•,.••
f , ;,e 2501 Sunrise Boulevard ~ sE ~
Ft.Pierce,F1a.33450 James E.Hatfie~d
d/ James R. Turn
3•=e• ~-.a:: he S f Joseph G.~ Miller
~ ~ 7,ated ~r ire ~o'.c+ of 'ms's cr..
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