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~ T. LUCIE COUNTY. flA.
and reaain4er., rent., i..... and profit. thereof, ..4 alao all
the ~.tate, rilht, title, iate..t, propert'"po.....io., clai.
and deaand what.oeyer, a. well in law a. in equit" of the .aid
.
Mortlagor in and to the . &lie , and eyer, part and parcel thereof,
unto the .aid Mortlagees in fee .laple.
AND the .aid Mortlasor doe. hereb, f.11, warraat t~. title
to-.aid laad aDd eyery part thereof &Qd will defend the a..e
again.t the lawful clai.. of all peraon. ~...oeyer.
PROVIDED ALWAYS, That if aaid Mortgacor .hall pa, unto tbe
said Mortlageea that certain proai.aory notes 'of which the follow-
ina is a substantial copy to wits .
$16,.500.00
Pala Beach, Plorida
JUluary .5, 1961
POR VALUn REC.BlVED, it pro.i.e. to pay to AL C. GORDY, H. A..
SLOAN and PRA}CBS LAROY SLo.\N, hi. wife, 01' order. the .ua of
SIXTEJlN TIlOUSAND PIVE HUNDRED and nO/100 DC1LARS ($16,.500.00)
in the following install..nt., payable on the following dates:
$2,7.50.00 on or before January .5_ 1962;
$ 2,750.00 on or before January .5_ 1963.
$2_7.50.00 on or before january .5, 1964 .
$2,7.50.00 OIl or before January .5, 196.5.
~2,7.50.00 on or before January .5. 1966;
)2,750.00 on or before January 5_ 1967,
and to pay interest on the unpaid part of the principal hereof from
the date hereof at the rate of .e'Yen per centum (7~) per annum,
payable on the 5th day of july, 1961, and ae.i-anDually thereafter.
The priDclpal hereof and intere.t hereOD are payable at
.
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This note aay be prepaid in wbole or in part at any tiae
after january 51 1962 and before aaturity without penalty.
In the event of the contiDuation of any default in tbe
payment of any install..nt of the principal bereof or intereat
hereon for a period ~f thirt, day., the holder hereof may elect to
declare and declare the entire unpaid amount hereof, and the
int~rest then accrued, immediately due and payable.
The maker and all endorser. of this note waive demand,
presentment, notice of non-payaent, di.honor, aDd proteat, and
agree in case suit shall be brought for the collection hereof, or
it is necessary to place the .... in the handa of an attorney for-
collection, to pay reasonable attorney's fees for making such
coll~ction. ueferred interest ~ayaents shall bear interest from
maturi ty at the rate of seven per centuID per L,num payable semi-
annually.
llBGAL PETROLEUM CORP.
By . /~/ ROBIOO' H. SPAIN
Its Vice pre.ident
This note is the ...e note as that attached to and secured by that
certain .ortgage deed dated Januar, 5, 1961 and recorded in Official
Record Book 2, at page 312 of the Public Records of St. Lucie
County, Plorida. '