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~rnui~rd ttlu~tt~,~, tjuzt if sczirl .,~f~rt~s'a~or sirc~ll, pay rcnto thf~ snid ~~tOT'~yLY~Ff'
the certain prc~mi:ss~r~ note, o~' wl~ich. tfee f'ollo~rins z~t r~~orcls arad ~i~;ttres is cr trr~e co~J,
to wit: ~ "
~ •
~ 1, 000.OU F~rt Pier~e, Florida, nr~~~~ir~~r _.,19.;~$
, ~'or vulue received the uriderai$ned promisea to pay to the order o/ ~~+YN S z ROC`ERS ~
tht principal sum o/ ONu TFi+f?USA~? ~nd rio/1QQ----•..•.»-•_-•.__•.••••.•_I)ollars (t~l., 000 _ 00
togetiur with inttreat thereon jrom date, at the rate o/ ~ x per cent, per until maturity, ~elo~
_o7~iaC
i~iZA+~WiX~ both principal and i.neerest being payable in law~u! money o/ the United States or iti equivaknt, at Z11 SOlith
~ S~COIld StZ'E:et, Fart Pieree, FlOr~d~~ p„~ipal aum to be paya6le on the dates and in the amounts
speci/ied below, to-wit:
:
The sum of Five HundrF_ci ($500.00) Dollar~ on t'.1e 1~_th c:ay oi
Zo Decen;~cr, 196u, pZus interest.
~e r -
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~ ~ The ~um of Five Hlindrecl ($500.OG) noii~rs on the ~.4th day of-
"z ~ Decetrioer, 19~7 , plus interest an tti~ unpaid balanc~ .
Esch maker and eadoreer ~everally w~lves dem~nd, prvtdt ?ad notice of maturity, non-payment or proteet and sll requtremeata aec~a~ary
to hotd each of them llable u muken and endorsers.
Each mater and endor~er further a~rees. )o1nWy ~nd ~everrlly, to yaq ~11 costa ot collecUva. lncludtng • reawaablt ~ttorney'e fee in c~re
the princlpal ot Lhis note or any payment on the Dnnclq?1 or aay tntere~t thereon le not yatd at the res~ectlve m~turity thereof, or ln crae it
becomee neceesary to proce~L thn securitq hereof, ~rhethrr sult be brought at not.
Thla note and deferred intere~p~k,opOnWs sAall besr lnterest •t the rtite ot " per esnt, Dez snnum from maturtty unt11 patd.
Thla note la aecured by a~i.i.~7.Sr- mortg~ge of even date herew3th •pd !s to be constcued and enforced aecording to the laws of the
Btste ot ~'lor?ds: upon default ln tha payment of princlpai and-or lntereat due on anq note ~ecured by eald Mort~age, all notea so secured and
rematning unpatd ahall torthwith become due •nd D?Yabte notwlthstanQing thetx tenor.
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~ a~id shall ~erfc»»i, c~unr/~17~ i~•ith ~rn~l al~i~le bi~ eseh aitd ez~er~ the stipulc~tivrrs,
. c~~reerrten~s, eonditiorrs and eoienccrats of saic~ promissorrJ note ancl of thi.s deed, thert
this deed and th,e estu,te h•ereb~ created sjaall cease, arr.d be n~cll c~rrd i~oi~d.
„c~12t~1 tjze sai-d ~11ort~sa~'on c~rebr~ covenants and a~rees:
_1. To p~ry ull ~trzc! .,ingr~lar t.h~ pri.~r~iPcil rzri~l i~i.t~~rc>~t ~rr~~l ntla~~r ,su~ri.s uj' rrzouer,
~~ctyable bt~ i~irtue nf crti~! prn»tissnrr~ i~~,f~ tri~~l t1ri,< <Irr~l, ur r~it{tE~r, /~r~,nrptlr/ thc~
claJs respecti~t~elJ th~~ .ru»t~~ st~r~~~r~llr,~ ~~o~it~~ ~lu~~.
T~ ~~ar~ <rll u~r~l sincsta/ur thr t~r.ra~s, ~r.~.~e.c.ti»>r>>tl.~, ler~ir~.~, lirihilitl~~.t, ~,f~lioati~»ts
~i~tcl eneu~ia~rurr.ees ~f r.i~cr~ ~r!at.t~re ~~f~ s~rirl ~l~~.s~~rrl~~~~l ~~rc~l~rrtr~ e~u-•h a~irl everr~, c~ncl ;
if' th,e sccme be rr.ot prornptl~ J~aid tjr.e said .;tilort~sa~ee »za~ a,t anJ tr-n~e pa,~ the sa.me
with,out rcaivino ar ~tfJ'er,tin~s the option to foreclose ur an~ ~~i.~ht hereurr-der, and everrJ :
pc~z~ment so made sliall bear interest from the dnte tfaereof czt the rczte of eight '
per ~ent. ~~er czn~zum-.
3. ?'o pa~ all and singular the ~~u.~t,~, cJacrr~~~.~' u~i~l r.r>>~~i~,ce.,, in~~lrulin~ laiv~cr's ~
fees, reasona~bl~ incurred or pai.d at, any time by said ~Afortg'ct~'ce liecar~se of th~e failu~re ~
on the part of the src.i-d .hlort~a~or to ~~erf'orm-, corrz~>Z~ zc•ith ct~r~l abzrle b~ eu~ch and s
everr~ tke stipacGcztion~, a-~'reenierlts, conclitz{~ns and ror~erru~rts of <,rrid >>r~r~aissor•J note ~
artd this deed, or either, c~nd eLerJ such- payment shall Lear iraterest f
ront. date at the ;
rate of eight per cerit. per a.rinrci~~.. ~
To kec~/~ LhF~ hr~~i~l~li~1~ n~~r~~ ~~r hF~rcrrftc~r nit .s~ticl fre~r~l in.stcr~~/ in «.st~s~~ rt~~t
less than~
1),~lluts, in a~ co~rz.pu~ri~r~ ~~r r~-on~ip%rrt~i~f~s tn
be ca~~~roved b~ said ~~Iort~'a-~see, and ~he poliey or polieies h~1,cti b~ aitd pa~c~ble to sairl
.Mort~a~'ee, und r:n the event arzJ suan of m.on~y becomes ~~ayable un~~e.r such. policy or
poli-cies, th.e .hlort~a~ee shall hat~e tJae option to reeeive aracl ccppl~ the same o~z account
of the indebtedne~ss hereln~ secrcred or to permit the .~fort~'a~'or to recei,ve arad u,se it, or
anJ pccrt th:ereof, for other purposes, withoic..t thereh~ zcaivirt~ or inrpairirz~ any eyzc.ity ~
lien or ri~jat unrler rjr b~ r~i.rtue af thi-s rnort~sa-~e, and »aay plac~e ancl pa~ far sueh ~
insuranee or an~ I~art thereof, z<~ithout zcaivin~ or af~'ectin~; tjae option to foreclose or
czny ri~sht h~ereunder, and each and ever,y such pczyment shall bear interest from date
at the rute of ~ner cent. per c~nnum.
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