HomeMy WebLinkAbout1706 ~o ~IYDL ~ ~ !hs same, together with the lenemenlt, hereditamenls and appurte-
nances Iherelo belonging, and fhs rants. issues and profits Ihe?eoj. unto the mortgagee, in fee simple.
• •:Z
the mortgagor covenants with the mortgagee Ihaf the mortgagor is' ind~jeastblr s<p/ said
land in fee simple: that the mortgagor has good right and lawful authority to comer surd land as njore-
said; that the mortgagor will matte suck further assurances to per/eel the /ce simple title to said land in the
mortgagee as mar reasonably be requtnxl; that Ilre mortgagor hereby fully warranb the titb to said land
and will defend the same ogainst the lawful claims of all persons whomsoever; and that said land is free
and clear o/ all encumbrances '
t
- r
{
`i
I
~~ys, that ij said mortgagor shall pay unto said mortgagee the cwlain promis-
gory Hole hereinafter substantially copied or identified, to-wit:
E 30, 350.00 Fort Pierce. Florida July 8~ 19 $
FOR VALUE RECEICED. the undersigned. jointly snd severally. promise to pay to the order of ,
FLORIDA BANK AT FORT PIERCE
_ THIRTY THOUSAND THREE HUNDRED FIFTY AND NO/100 (E30,350.00)------- - DOLLARS,
at_ 501 Orange Avenue, Ft. Pierce, Florida 33450 or such other place as
the holder hereof may designate in writing, together with interest from date at the rate of 18.0096
per centum per annum. on the unpaid balance until maturity. The said principal and interest shall be
due and payable
"T'he entire principal amount of =30,350.00 plus accrued interest during and after
construction shall be due and payable at maturity date of October 6, 1980.
f
i
f
f
t~
fF '
s3
i
C
1
i
`[i
F
4
F - 'r
1
i
E
if default be made for days in the payment of any installment of principal or interest or
any part thereof. the whole sum then remaining unpaid with interest shall at holder's option become
.
due and payable without notice. Failure to ezercise such option shat! not constitute a waiver of the
right to a:excise the same in the event of subsequent defaulk After maturity both principal and aeeur-
ed interest shall bear interest at 18.00 per centum per annum -anti! paid. The makers and endorsers
1 of this note further waive demand, notice of eon-payment and protesk If this note is not paid at matur-
ity and the same is placed with an attorney for collection, the makers and endorsers hereof agree to pad
• all costs of collection, including all court costa and reasonable attorney fees.
~c~c:4^~entary Stamps and Intangible Tax (SEAL) ~ ~ ,
receipt has been paid with the proper stamp r er c e
~::.t receipt and affixed Lo Lhe Mor•t~ge (SEAL)
t~cured hereby. 6 P~ (SEAL)
_ tSEAG)
,~"n s
`3.
3 dam'