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I ~o ~inue end to ltd ,l'~ F
the same, togeth~Tliltt'hL+~~~t~Yierr~rt~eilfaL~erec~itamenta an(~ appurte-
Ilancesj~thPrelo helonfling, and the rents, istttes an(I pro~ifs then~oj, unto the mo,\Igagee, in ~ee sirnp~e.
„n~ t{le mortgagor covenants with the mortgagee that the mortgagor Is inde~easihly JPized o~ said ~
' la /!(I I n I
~ee simple; that the mortgagor has gnoil right and lnwf ul authority to convey said land as a/ore-
II said, that rho mortgagor will make ouch ~ur(her asauwnces to per)ect the /ee simple title to said land in the
j mortgagee as may reasonably 6a required; that the mortgagor hereby ~ully warrants the ltth to said land
~I and will defend the same against the law~ul claims of nll persons whomsoever, and !flat said land is /ree
_ (~ and clear of all encnmbrarues
__
~ n
C'aUld¢tl ~~IUAyS, that iJ said mortgagor shall pay unto said mortgagee the certain promis-
sory note hereinafter substantially copied or tdenti~ted, fo-wit:
- PROMISSORY N(7T'B
324,000.00 West palm Beacb, Florida, December 20, 1462
Por value received, I, Ne, or either of ua, proieise to pay
without defalcation,_ to the order of FLORIDA NATIONAL BANK l~
TRUST CO., AT t~IEST PALM BEACH, West Palm Bosch, Florida, the sun
of TWBNTY-POt~R THOUSAND DOLLARS ( $24, 000.00) with in tern a t from
date at the rate of Six (e%) percent per annuA payable quarterly.
The principal sum of this note is payable in semi-annual in-
stall>Aents as follows:
54,000.00 on
54,000.00 on
$4,000.00 on
$4,000.00 on
54,000.00 On
54,000.00 on
the
the
the
the
the
the
10th
10th
10th
10th
10th
10th
day of July, 1963;
day of Feb., 19b4;
day of July, 196x1;
day of Peb., 1965;
day of July, 1965;
day of Feb., 1960;
In the event that the makers hereof default in the payeaent of
any installment as herein provided, an the t+ccrued interest a5
herein provided, the whole amount of this Note remaining unpaid,
shall then and there become due at the election of the holder
herEOf. The makers and endorsers of this note severally waive
presentment for payment, protest and Notice o5` Protest, and non-
~:ave~ent of this Note, ,and all def~snaes on the ground of any
extension of time for the payment thereof, which may hereafter be
given by the holder hereof to teem, or either of them. Tbc makers
hereof shall have the privilege to pay two or more installments at
any installment maturity date, but Shia shall not extend the time
of maturity for any aubgequent inatallrtfent. Forbearance shalt not
be deemed extension. Each maker, surety and endorser hereof,
,jointly and severally agree to gag all coats of cotiection, including
a reasonable attorney's fee in the event of any default hereunder.
WITNHSS our hands and seals the day and year first above written.
Ploxid• l~OCltuGantatsg Staatps in
the sun of $24.00 affl~ed tc-
the ori~i~al horeof and
ca~colhd.
/s/ REUBEN W, CARLTON (SEAL)
eu +en ar ton
/s/ MARGARET H. CARLTON (Sg~gi,~