HomeMy WebLinkAbout1664 ` ~ t' ~ ~ ~
~U~ ~11~ :h. sam.. to~.eh.~ wuk ef~. e•n.m.na. l~redieansa~ts ond sppw+t-
nonc~es tl~eroeo 6elongt~g. and ~h. n+?a. i..ws and projt~s lh.re% uneo ll~. ~o~tpap... +n iiny?1..
~ l1~. n~ortga~ oo+~..~ana wttl~ eh. morepog.. el?at ek. n~oregapor ia ./.o.t6l~r ~.ts.d o/ sdd
land in /ee :tny,l.: t6d ~h. morfgagor I.o. Qood .tght a.?d law/ui awhortqr eo con ~.ld I.od a. o/aw
:~d: that !?~e n?ortgugor wiU nw~e auc~ /wther assuroncw to paf
~ct tiu j.. at~l. ei~ eo «~td i.nd t~ e~?.
~o?t9~e. a. ~r ~o.~biy 6. ~sy~t~d: e1~r tl~e ~wt~ ha~.br IuUr wo..+e~a eh. euG eo ,otd lo~t
~ and wtl! d%nd th~ sa~u aoatr~st the lawf
ul claims oJ nU penw~a who+n~: and tlwe idd''~id1d~ i+, jrw
and clear o( aU encumbrancw '
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~~s~ tlwt {i~ sai~ mortgagor t~.pay unto fpid morlgagse the certain promis_
sory note hereinaJter substantia~~y copied` or' i~enti`i~. to-wtt: • •
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20.000.00 Fort Plerce. F1orI~ ~ 19.~
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F08 VALUE xECE1VED. the nnderaigned, jointly and severally. promiee to pay to the order of
Don D. Reed and Beatrice Reed, his Mife, _
Tneaty Thoua~ad (=20.000.00) DOLLARS,
at Port Piarce, Piorids or auch other place ae
the holder hereof may designate in writing. together with intereat from date st the rate of 6~
psr centum per annum, on the unpaid balanee nntil maturtty. The said princi 1 and intereat shall be :
due and payable in aquai conaecative aanthiy inatali~snta o~~}iS1.64 over s ~
period of ~16 a~nths (18 qeara). privilege to prepay, xithont penaitp, ;
shaii be given. ~
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If default be made ior 30 daye in the payment of any installment oi prlncipal or interest or
any part thereof, the whole aum then remaining nnpaid witb intereat ehall at holder'8 option become
due and paysble without notice. Failure to ezercise auch optton shall not constitute a waiver oi the
right to eaercise the same in the event o~! subeequent defaul~ Aiter maturity both principal and accur-
~ ' ed intereat ehall bear interest at 6 per centum per annum until paid. The makers and endorsera
~ ~ of thia note iurther waive demand, notice oi aon-ps?yment and prnteat. Ii thie note is not paid at matnr-
ity and the eame ia placed with an attorney ior collection, the mskera and endoreers bereo! agree to pay
sll costs of collect[on, including sU court costs and reaaonable attorney teea. ~
/S G i ~ ~A ~sE~r,~
- ~K 164 •
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