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~o ~iaue and to ~iotd ~
!he same, t~et~er wifh the tentm~nts. I~erec~itnmfnts and appurte-
na?ices thereto belonging, anc{ f{~e rents, issues anc~ pro~ifs t{~ereol, unto f~e mortgaged~'M ~ee simp~e.
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i~ ~n~ l~~e mortgagor covena?ets with fF~e mort a ee fha! the mort a or i'nd
9 9 g g s i ejew~6ly seizec~ o~ aaid
land in jee simplp: t1~nt the mortfla~or has good right anc~ law(ul authority !o con~ey said land as aJore-
;i said: ff~at 1{ie mortc~npor ~uill ma~e such /urther assurances !o per~ect the ~ee simple tit~e to said Iand in the
ji mortgugee as may ,-~aso~,a6[y be required: I~a1 t{~e mortgagor I~ere6y fully warrants fl~e title to said Iand
and ioill de(e?id the same against the Inw(ul claims o~ al~ peno?u whomsoever; and fhat said Innd is ~ree
and clear o( nll encumbrances ~ except taxes accrui ng subsequent to Decemb~r 31 ~ I9$4
~ and subject to that certain mortgage from EDWARD H. KNUDSEN AND VIRGINIA L.
KNUDSEN, HIS WIFE to CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIRTION n/k/a
FIRST CITIZENS FEDERAL SAYINGS AND LOM! ASSOCIATION dated January 5,1978,
recorded January 12, 1978 in Official Records Book 280, Page 897 of the
Public Records of St. Lucie County, Florida, in the Original Prinicpal Sum
~ of $53,000.00 and Subject to that certain mortgage from SUNNY SUE FEROiV to
EDWARD KNUDSEN AND VIRGINIA KNUDSEN, NIS WIFE dated April 1, 1985, reco`ded
~ - ~ in Official Records Book (/(oo , Page _ ~S
~i of the P(~b ic Records of St. Lucie County, Florida, in the Origina Principal
ii Sum of $40,000.00. •
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i ~rou~ded ~ltways, f~at i~ saic~ mortgngor a~a~~ pay unfo Jnitj mortgagee the certnin promia-
~ sory note hereina~fer Sub~ranrtal[y copiec~ or identi~ied, to-u~it:
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= 15,000.00 Port St. Lucie . Fk.rnla
April 1 . 85
, FU~ VALUE RECEIVED~ ~Ae ~ndeniRned~ (jwwtlp sed ~tvrrsllr~ il war? tAan owe) proeni~t~ io ps~ Io
EdNard H. Knudsen and Yirginia L. Knudsen, h~s wife "
~ ~ w wdet~ in the n+anner hertin~f~er ~pr~ifitd.
~ v~~?~ Fifteen thousand and no/100-----------------------°----------- /t00 DOLLARS
15~O~D.OO M«nat (ran date at tLs ra~e ot 11~' prr rrnt. oer a~w~n~ ~w tAe Mlasce lran tin~r te ~ime ten+~iAie~ unosid.
T1~e rid p?iscieal and intae~t alull be p~rWe Iw la..(wl moeer el the United Suus o! America u 5151 N. AIA ~ 311A. Ft. Pierc
FL. 33449 ~n•r A~r~•.t~~r I~r Jr~irn~~ed bp ~.~i~t~w eotKe trom t1+e bolder ~o ~he m~ler Ar?eol~ en
L~e ~~lE •we i~'tlie~~~wwe~ ~~Ile..inR:
This note is payable as follows:
~ The first installment of principal and interest in the amount of
' s5.825.00 being due and payable o ober 1, 1985, second installment
e of principal and interest in the t of ~5,550.00 being due and
~ payable on April 1, 1986 i tallment of principal alid interest
~ in the amount of ~5,275.0 e n ue and payable on October 1~, 1986.
f
~ All payments are ta be ap ied first to interest at th~ rate specified ~
' herein upon the principal sum of ~15,000.00 and or so much thereof as may
~ from time to time remain unpaid and the balance of each payment shall be
applied to principal. ,
No prepayment penalty, Documentary Stamps have been affixed to the
mortgage securit~ this note. '
~ Thi~ note with intire~t n~urrd br a rnertRa~~ ow nal ewtt~ rven dal~ 1Ktrwretb. inade bp ~h~ makar hetrof,in (~ver of ~h~ ~aiel
~ M~es. ~wd ~halt be con~trwd +~nd en(orced •ccadinR to tAe la.n d ~1~~ Su~t e( Flerid~. 'Il~e arnu d wid ~nwtl~~Re are br ~hi~ ?e/~nn~~
~wade a part hereo(.
If dcfaelt be w+~de (n 1A. ~?.rne~t ef ~n~ 01 tbe wnN o~ fMm.~ nKntiowrd A~niw M iw wid n~o~tR~Re~ er in thr p?r(orm~nre ef
aw~ ef tbe iRseneent~ ~ont~ieed Arr~in e? i~ aiA n+ott~~RS~ then IAe entire p~i~iPal wa~ •ed ~tttvrd inteer~t ihdl ~Ae opiion of th~
Aekk~ IKtref brcoene ~t axe dw ~nd eelketiAk wi~bort ws~iet. 1fn~e IriwR ~t UK enewce; ~wd Nid prietipal ~vm ~n~l ~r~r~~A in~eer~t
~ d?ail 6aA b.~r int•rrn lran w~A ~inK ~eiil paid ~1 U+e Ai~tbest rate albw~bk rndtr ~ht lawt of ihe 3tai~ ol Fb~ida. Fsilu~e ~o •aercik
z. uy ePtiew ~Aall not eoeauitu~e a«aivrr ef ti~s ?y~ht a eurei~e thr nme in ~he evcwt d s~y wbequeal dc(~~It
' Lac? prrwe G~bk 1?ereoe r.iKtAe~ n~~ta er ewdo~er~ Aereb~ rr~i~rri p?e~en~~ntst, ~etM~ noticr ~wiee ef peotat and notke oE dir
~ ~Mt ~wd ~Rleef b p~~r •Il tpp. includinR ~ na~ow~p~r ~~~arney'~ fte, whaM~ tii1 br bewRM ar wo~. ir~ ~t~cr inat~rur o( thh cote or dtfiult
irn~~der~ M Y11~t/ M1d fllOft~~t. cerael ~aU 6e en~ployed t•• oetkct ~Ai~ wwe K a p.otect ~Ac ~KYtllr ~ Mid mw~RaRr.
~ W~e~e'~ ~wd At*'d~ 11~e ~tnn~ `Aeldct". "water" ~n/ "M~ee" ~hal) be e~wNeved i~ IRe MIItYItf er lu~~l tAe conteat a~ay
!'l~Ylft M ~Il~ti.
1?l~?si ~ Addro~ . . .(SEAL)
- Sun Sue Feron
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