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j ~o ~itue and to ~iold tf~e same, logef~e~ wifh f~e fenemenft, ~ereditamenla and appurfe-
~ tIQRCPS l~Preto ~ie(onging, Qn~ I~e renfs, issuqs nnd pro~ifs therep~, unto ftie mortgagee, en ~ee JI//~pIP.
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~ ~nd ti~e r?tor~gagor cot~eieants u~il1~ ~he mortga9ee 16at 11~e mortgagor is inde%atibly seized o( said ~
~ lana in ~Np simp~e; ftial /tie morfgngo~ ~as good rig~f an~/ ~au,lu~ aul~ority to convey :a;d 1~?~d ~ afoe+e-
sai~; fl~at f/~e mort~a~or wi~l make such /u~fJ~er assu~ances to per~PC! t~e ~ee simple tifle to said land er~ 1~e
mortUa~rP as m~y reasonably be ?equire~(; tl~at tlte mor~gagor hereby /a~ly u~arranta flee til~e to soid Iand
nnd u~ill dN~ertd the same against the Iatujtel claims o/ a~l
persons wbomsoever: and tl~at said Iand is j?ee
ii ar~d clc~~r o/ ctl~ encurnbroreces
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~rowded ~tways, lhat if said rriortgagor s{~al~ pay unto snic~ morfgagee the certoin promis-
~ sory notp tierpinn~fer su~stantially copie~ or ic~enli~ie~, t• -ruit:
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~39,500.00 ~ Fort Pierce, Florida
duly 29, 1966
For va]8 received, we promiee to pay, without deSalcation
to the order oY ST. ZIICI~ MORTGAGE COI~AAY, a Florida corporation,
at theSt. Lueie County ~nlc at Fort Pieroe, Florida, the avm o!
TffiRTY 1QI1'~ THOIISAND F~VE HURDRED AND Nd/100 (~39,500.00) DOZLARS
together with intereet ~rao date at the rate of 896 per aanun. •
payable ae tollowe, to-wit:
E472.50 on the let d~y oi September~_A.D. 1966, and
~4?2•50 on the let day oi each emceeding month thereatter
until the let day at Oe~ober, A.D.1971 at wd~ich ti~e the
entire unpaid principal, together with intes~eet ahall be
due and p~yable.
Eaoh inetallaent !'ir~st ehall be applied in payment oi the interest,
and thea on the unpaid balanae of the -•principal eum. If detault
is made on t he p~ent o! a~ installaent when due, then at
the option of the holdere, and without ar~y other not ice, all
the remaining inetallmente ehall be due and payable at onae.
Forbeas~nce ehall not be deemed eztension. Privilege3e given
to p~y thie note in whole or in part at any time without penalty. .
Each mater, surety ead endoreer thereot, ~ointly and
eeverally, waivee de~nand, preeaataent, proteet and notioe of
proteet !or nonpa,yment and f'~rther agreee to an3r ezteneion of time
oi pa,yment either belore or atter maturity, without notice
to aa,y of ne; and to pay all coete ot collection, inclnding a
reasonable attorney•s Yee in the event of ar~y deianlt hereunder.
Rithees the hand and seal oi each party.
COLLEGE PARK ESTATES DF'Y~OPMENT
5 ! H i ~ ~ ~ v i-: : ~ CORPORA TI02~
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N" ~~ua~hc~'-``:~:~~~=~" - Garland P. Hurd President
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~C~r 565 ~~cie L. Paflrici~, Sacreta
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