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~o ~aue and to Mold the same, together with flee tenements, hereditamenfs aced appterfe-
nances (hereto belonging, and the trnls, issues and profits (hereof, unto the mortgagee, in fee simple.
end flee mortgagor covennnts with the mortgagee that the mortgagor is indefeasibly seized of said
(and in fee simple: that the mortgagor has good right and lawful autleo-ity fo convey said (and as afore-
said: that the mortgagor will make such further assurances to perfect the fee simple title to said land in the
mortgagee as may reasonably be required; that the mortgagor hereby fully warrants flee title to said Land
aced will defend the same against the lawful claims of all persons whomsoever; and that said land is free
and clear of all encumbrances eoeeept a first mortgage from mortgagee to First Federal
Savings &-I.oan Association of Fbrt Pierce dated May 101969 recorded in O.R.
Book 1?? page ll3lt securing the swn of $18~2OOeOO.
r
~COU~ded Always, that if said mortgagor shall pay unto said mortgagee the certain promis-
sort' Hole hereinafter substantinlly copied or identified, to-wit:
5........1~700~00............ ._ Ft.Pierce
wR VALUE RECEIVED th. tartder:igteed prowises to pay to th. order of
•----------------------•-•-------•Kel,]~r._.Consti-cacti,~n---Qoioap~X....................................- ............
~~ Oxte...~-kis2~~~d seven hundred 700.00
de No 00----------------
a• sum ol.----.__.. ... ....._ ................................ Dollars tS It
............................._.._........ um .............. .. - ---
dd ................. .
together with interest thereon bow date, N the rate of...........8!.° ....................... ........per ant, per..-..~3:!LF...----....... ........until maturity. ssid interest
being payable........_....._....._.....................on the ...........................dsy ol.......-.............. ..............and..................'... -.
Bads Year: both principal and interost being payable in lawful massy of the Untied States or its aquivslenl, at_......._.....
........................................•-•---...........-..-...._.................-...........__............said principal wm to be paYabk on the dates and in the amowMS specified bebw, to-wit:
~ The Within note both rinci
s P P~ and interest shall be payable in 48 month]y payments
~ of~the first tifo payymeats of $11.33 each and 1~6 successive equal, payments of $t13eO4
= each beginning July 26,1969 Ttihich includes interest and principal pay>rrent .
The xlthin promissory note may be prepaid in Whole or in part at arOrtime irithout
penalty.
e If default be made in any installment when due and such default continues 10 des
a neat after said payment became due~then the entire aelnaining balance on the Within
promissory note shall at the option of holder become due and payable.
Each Husker sn ± andorser severally waives demand, protest and nwia d mahrify, noepaywent or p-wesl and a• requirernartls necessary b hold each of
them Gable ss maker: and endorsers.
Each ranker end endorser hwther agrees, iaro1Y and severally, to pay ad costs of collection, incltrdirsg a reasonable attorrwy's fee in case the
this note a any paywenl on the principal or any interest thereon is nw paid at the respeelive maturity thereof or in case it becomes necessary b prohd the
security hereof, wMther soil be brought or not.
Thu note and deterred ' paywenls shall ber interest of the rah d...... 8............_..per cent, per srrnw Iron
This hole is sewed by ~ ..~nda _.,........~eorlgsge d even dsh herewith end is to be construed and enforced scead~ two the b~of the Stab of Florida;
upon defecate in the payment of principal andta interest dw on any ooh secured by ssid Mortgage, sd owes so
and payable notwihstastditg their tenor. ,- Ong urepard shad forthwith
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BOOK ~ 79 PA~f 44
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