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~'n ~tue ~nd to ~!d I~e same, fagef~er cutfh ftie teneme?ilt, {~et~lfamenit and appurfe- ~
riances thercrfo 6e~an~in~, ane~ fhe ?ents, is:uea anc~ pro~tfs tkereo~, unto fhe morlpages, tn ~ee simple. ~
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~n~ Ihe murfgagor coi.enanls u~ilJe Ihe morlDageF Ihat !~e mortgagor 1s indeleast~ty aetzec~ of satd
~anc~ tn jee simple; ff~at tl~e rnotlgapor {~as gooc~ rtg~i arttl lau~~u~ auf~arlly_ to conuey saicl lar~cl as a~ore-
sarc~; f~iRf ttie morfpagor ~ul~l make aue~ Jurf{~e~ assurances lo pP~IPCt ~IIP ~~e stmple fJf~e to saic~ ~a»c~ tn I~e
morf~u~ee as may reasonn6[y b6 requfre~; thnt Il~e tnortgagot Itereby /ully warranta Ihe til~e io saic~ land
and u~ill dejend 1he same n~atr?st the lawju! claims oj all persons whomaoeuer; and that said land ta /ree
~ und clear oJ aIt encum~rances except taxes aceruing subsequent of December 31, 1986.
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f ~~V~~d S~ that if said mort a or aha~~ a
~ S 9 p y unfo said morfgagee t~e certain promtt-
~ sory note heretna~te~ aubatantia~ly copiec~ or ic~entiftec~, to-wif:
MORTQAOE NOT[ RAMCU FORM S3 -
~ = 4, 800 . 00 Port S t. LuC~e , Florida
~ Jime ~.O . !9 87
FOR VALUE REGEIVED~ ~he undersigned, (jointty and severally~ it moie than one) promitei to pay to S. 1. ri~xay ~1d
NORTIIERN TRUST BANK OF FLORIDA, N. A.
~ or order~ In the r»anner heroinJter tpeeiticd~
ehe prineipal ~um o[ FOUR THOUSAND EIGHT IiUNDRED and - - - - - - - - - - - - - NO ~100 DOLLARS
{=4 , S00 , OQ ) with intenrt fcom date at tht rate oI 10 , 00 per cent. per annum on the balance (ewn tim~ to timq remaialaa unp:ed.
The said principal and intere~t ~haU be payable in iswful money ot the United Sutei of America? at ~ Q 0 $r iek e 1~ 313~nue ,
Miamz , Fl,
C~O F'e 1 ipe I,a rcada or at such place as may h«eatt~r be drsignated by written notice irotn the holdet to the msker hereot, on
the date and in tht msnnet following:
Pri~icipal and interest due tl~ereon is due and payable in one year from date hereof.
'11~e maker reserves the right to prepay at any time without penalty.
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` Thii note with interat i~ ~ecured by • mortgage an real estate, ot even dste herewith, made by the maket bercoi in [avor of the aid
~ Dayce~ and thaA be rnnstrued and entorced accordin6 to the lawr of t6e State of Florids.
' I[ defauit be msde io ehe parrr?eat of sny of t6e ~um~ or interat mentioned berrin or in ~aid mortsaae, or in the per(ormance ot
~ anY ol tbe a~raments contained herein or in ~aid mortaa~e~ then t6e entin principat :um and acuued interest ~hali at the option of thr
; holder herco( become st oace due aad colkctibk without notice, turn being of the cuence; and said principal ium and accrued inten~t
~ ahail both beu iatereit from ~uc6 time until psid at the hig~at nte albwsbk under the 4vr~ ot the Scste of Fbrida. Failure to exercisc
this optioa ~hall not coastitute a waiver ot the riaht w excrciu the ume in tha evene of any ~ub~equeat defaul~
. Euh petan Gabk hereon whether maker or endorser, 6erebr waives prexatment, protest, eodce twtice of protat aad notice of dir
honor and aareef to par aU coau~ includina ~ rtaaonable utorney'i ta whetber ~uit be brought or not, ij, dtu maturitr ot tieis note or default
6ereundu~ or under aid mortdsse~ coun~ei sh~U be employed to ool~ect thi~ note or to protect the ucurity of uid mortsage.
Whet~ever ured herein the temu "holder"~ "maker" snd "psYee" ~hall be corutrued in the ungular or plursl u If~e certext ma~
require or ada~it.
T~..I~~..xo~s~s cor~~~~u~~QZ~. xt~~%~--......(SEAL)
Maker'i Addres~ • . . ti.._
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1202 SE Port St. Lucie Blvd BY: . .......................~SBA~1
Port St. Lucic, FL 33452 ~
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gpr.=, J FACE
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