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HomeMy WebLinkAbout0931 _ . ~ _ . . _ . . ~ _ _ _ ~ • ~ ~o ~ue and to ~iotd ~he mrne. toaetha w~tlr the tenaK!nt~ Ieerodlraments end aippwtaewa~es thento b~bx~iit~ o»d the nht~ tsstta a~ p~Jtts then+vj, wtro tkt neort~a, rn ja s~inplG ~1nd thi mo~t~gor oovenmtts with tJre mortaaace thst tht »art~r is tnde~/'costb~y slescd oj said bnd in ja simpl4: th~t the ?»or~qavr hat ~od r~ht and lawJ~ul autharity b c~nm?ty mid /ohd as qforaaid: thot the mort~w wi!! moke aucl~ furtha ~ec~es ro palect the jee simple title to scld lond and w~U deja~d the some a~ainst the lawful clafins ojall persons wieomsoeva: and thot soid /and ~s jne a~d clear ojall encurnbronce~ ~ thit Mort~e Deed is sokly lo ~cu~r futune advaecYS whicb nwY be nude by the mort~re to dit mo~tdq~o~ up to and Including the amount o/' ~entq-Five Yhousand b~no/100 fa25, 000, g~ intenst the~eon ot ten pe~ent ( 101ii1puannu»a 71+at at tl~e pnunt time, the mortgaaee hos irot baned the mortdq~or any monev or other thins oj value. and os such. the present outstondi~ debt jrom the rnortgaaor to the mortgq~ is Zero Doders The mortgqgee moy loon to the mortacg~v~ up to end includina the amounr of ~enty-Five Thousand &no/100 ~s25, 000.09 ~~terest thenon a~ teri pe~n~ ~ 1~,J p~rannum, upon the occunrnc~e of the stated contingency: Upon the jo~jeitw+e or ~streature of ths sunty bond or bonds posted on behalf oj Gilbert C. BSl'rett ~ defendant ue Case No. in the Cou~t vj P'~~~~ County, Florida. 6y mo~rgq~er. or upon payment oj- any expenses incumed by the mo~tgqgee to praluce ~he dejendant before the oppropriate cnurt or. courn ojc~ompetent jurisdietion in the above eaus~ ~ ~ ~ ~ ~ ~rouided i~tways~ that ij said mortgqg+or shoU pay unto said mortgqgee the cenan promissory note he~rinajter substantielly c~opied or identified. to wrt: CONTINGBNT PROMI380ItY NOTS t 25 000.00 Ft. Pierce, F1. May 6th, 1984 ~ No. ' _ - Florida, ` ,19 F . ~ ~ . ~ ajter dete, fo~ ualue reoeiaed ~ ` Promise to pay to the or+der o/ ~LIED FIDELITY I1~ISURANCE CO. Twenty-Five Thousand b~ no/100 ~ _ De11a.a, ac 89t5 N. Neridian Street, Indianapolis, IM 46260, ~ f a~ only e/~tlee~/oUowing atated con;ingency occwa: Upon the forfeitwe or eatreature of the aurety bond or bonds poated on behalf oj Gilbe7~t . C. B81"rett d%ndant in Caae No. in tlu Court of St _ Lucie Cowity, Florida, by nwrtgagee, or upon payment of any expenaes incun+ed by the mortgagee to pmdac~e the defendant befone the a,ppropriate ewirt or cowta of wmpetent - . ! jwisdiction in the aboue cauae, with intereat the~on at the rate o~ ten pencenr, Per a~+~+W?s, fi+nn+ ~ 4 the occurnence of the aboue stated oontingency, weeil fally paid Inte~+eat paya6le aen,i-annually. The inaker and e~ dorser of this note /wther agree to waiue deraan~ notice o/non payment and pmtea~; and in caae suit ahaU be 6rought i /or the collection hereof. or tlie aame haa to be collected upon demand of an attorney, to PaY ?eaao~ab/e atton+eY'a fees arul asseaaable coata, /or making auch onllection. Diefemed inte~+eat paymenta to bear inteneat fmm matority at ten .~nent per annum. payable aenu-aRnually. It ia further agreed and apecificaQy underatood betu~een the partiea to thia Note that there iap~+esently ~to outatanding ban or debt repreaented by thia Promiaaory Note, and that this Note is giuen only to aecwe~utur+e aatuances up to ond T~entp-Five Thousand & no/100 It ia ~/wther agreed and apeei~ically underatood that thia Note ahall 6eoome nnU and uoid in the euent aaid dejendant ~ G ilb er t, C. Barr et t ;,i rhe ~n~er eourc at au ehe r~ or timu ~ ao directed by the Jud,gie or Ju~ei ojovmpetent jureadiction until the obligationa wider the appearana bondor bonda poated on beha/f of the defendant haue been /rdf'slle~d and tlee arvrty diicharged o~all liability thereundtr in writing, ' otherwiae to nmain in ~ll /onx and ejjee~ • ~ ~31 ~a~f 9z9 _ _ ,