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~1 ~o ~iaue and to ~old !he same, foget{~er with tl?e tenrments, he~eclitamenls and appurle-
'I nanres f~erefo E~e~onyent~, an~ the renfs, issues anc~ pro~ifs thereo~, unto f~e morfgage2, in (ee simp~e.
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~nd Il~e mo?tqayor coi~eriants u~~~h ~hp mortgagee that 1{~e morlgagor is indefeasi6ly seized a( sait~
lan~~ in ~~~e sin~p~~~; tl~nl !{~n morlc~n~or has ~oot~ ?i~1~t an~ ~au~~ta~ authorify to cunvey sai~ ~ant~ as ajore-
. saii~: f~~at 1{u~ morf~~ayur tril~ makE~ suc~t ~url~~er usstuonres to perfPfl I~P lee simp~e tif~e to snii~ !a?tc~ in t~~e ;
; mort~~~~ee as may reasona6ly be reyuirpd; lhnt t{~e morfgagor hereby (u~ly warranb fl~e tit[e to said land
" an~i u~ill deJend fl~e same against the lau~~ul ~~laims oJ al~ persons w{~omsoever: A~cl tha! said land is free
om~ ~•~f~ar oJ encum~rances
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i ~rouided ~lways, t{iat i f said morlgagor shall pay unto saicl mortgagee the certain promis-
,I sory notp I~preinn~ler suf~sta~itia~~y copiec~ or i~enfiJiec~, -wit:
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57,822.78 ~ Ft. Pierce, Florida
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~ay 31, 1966
For value received, we promise to gay, without
defalcation to the order oY NO??'~tA L. PADF.ICK, ~ a widow,
at the St. Lucie County Bank at Ft. Pierce, Flosida, the ~
; sum oP SEVEN THOUSA?T~ FI GHT HU!'TDR^D T"I~:1~TY-T:YO A?TD. 78/100
; (57,822.78) 1~OZT,ARS, togethervdth intaest at the rate of
~ 6~ per annum on the unpaid balance, from date, payable in
monthly inBtallmenta ae Yollows, to-wits
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~ ~75.00 on the lst day of June, 1966 and
~75.00 on the let day of each eucceeding
month thereafter until such time as thie note
_ has been paid in full-.
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3 rach inatallment first sha11 be applied in payment of the
intereat, and then on the unpaid balanceof the princi pal
au. If default fe made on the payment of any installment
when due, then at the option 8 the holdere, and without ar~y
other notice, all the ~enaining installments shall be due and
~ payable at once. Forbearance ehall not be deemed egtension.
Privilege is given to pay thie note in whole or in part at
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any time without penalty.
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~ r.ach maker, surety and endorser hereof, ~ointly and
- severally waives demand, presentment, protest and notice of
- proteat for nonpa~ment and further agreea to any eztension
oP time of paymenteither b~ore or after maturity, without
notice to any of us; and to pay a11 coats of collection,
- including a reasonable attorney's fee inthe event of any
default hereunder.
~~itnees the hand and seal of each party.
~~y Pr"~~?KJI .'~l Bt1PiI~ CI~J_? C'~:, I'?C
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Bo~ 163 P~E 347
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