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PROVIDED ALWAYS, that if said Mortgagor shal! pay unto said Mortgagee the cxrtain Promas- ~
sory Note hereinafter substantially oopicd or identified, to wit: j
G
November 30 82 ~
s 6, 800.00 ' Fort Piuoe, Florida 19 ~
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FOR ~VALUE RECEIVED, the undersigned, jointly and severally, promise to pay to the order of
CITY OF PORT PIF.R~E
SIX THOUSAND EIQiT HUNDRED AND 00/100-----------------------------------Dollars
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at FINANCE DIRECTOR, CITY OF FORT PIERCE or other.such place as the holder
hereof may designate in writing without interest as long as the makers hereof c~ontinually make their res-
idcnce at 605 North 17th Street
Fort Pierce, Florida 33450
If the makers or their heirs shall fail to make their residence thereat, or shall transfer the said
property within six years of the date hereof, then, ther.e shall be due to the City of Fort Pierce
an amount determined in accordanoe with the following schedule:
DATE OF MORTGAGE DATE OF DEFERRMENf
END OF YEAR 1 ~8,333.33
END OF YEAR 2 6,666.66
END OF YEAR 3 4,999.99
END OF YEAR 4 3,333.32
END OF YEAR S 1,666.65 ~
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~ END OF YEAR 6 00
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~ Upon the transfer or failure to continue to reside in the premises, principal shall bear interest at the
~ legal rate until paid. The makers and endorsers of this Note further waive demand, notice of non-payment
~ and protest. If this Note is not paid at maturity and the same is placed with an attorney for collection, the
; makers and endorsers hereof agee to pay all oosts of collection, including all court oosts and reasonable
s attorney's fees. ~
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SEA
' ' - tSEAL) • ~ -
~ SEA ~ '
(SEAL)
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' I agree that my naroe, JOE DIFRANCESCO, was typed on this page by mistake and I agree
to have it removed and the proper name: CITY OF PIERCE as the Mortgagee.
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r Sworn and subscrib~d before~`'te~. ~t~.is ~ 19~
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~ M~t Coaanasios Expira Dec. 8. 1983 p.- .
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BOOK~1 PGGE 95`7 .,.-neCOl~ .
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