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30 ~iaue and to ~iold I~e same, togelher wifh fhe tenements, ht~edifnmtnfs nnc~ appurte-
nances Il~ereto 6elonflinc~. and 1he ?c~nts, issues and projifs f~ereoj, unto ttie morfgagee, in ~ee aimple.
Ihe mortgagor couenants will~ Il~e mortgagee tl~at tf~e mortgagor is indejeast6ly sei:ed eJ said
lancl in jee simple: Ihat Ihe mortgagor I~as good right and lQU~(ul authorilr 1o rnnvey ~atd l~d as a/o?e-
sai~: tl~at Ihe mortflago~ will meke sucti ~u?fher assurnncea to per~ec! t1~e Jee simple Iillt fo sntd Iand in Ike
mort~agee as may ?easona6ly 6e ?equi?ec~; that Ihe mortgago~ hereby /ully warrn~ts !he tttle to said lund
and u~ill de(end the same against Ihe law~ut claims o~ nll pe?sons whomsoe~er: and t{~at said land is /?ee
and clear oJ ~Il encum6rances
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~~V~~ ays, tf~at i f said morlgagor shall pay unto said mortgngee t~e certuin promis-
cnrv no~o F~orainnllor en~efnntioliv ronio~ n~ ianniiliorr fn-tnif -
~ PAYMEMS INTEREST FORT PIERCE, FLORIOA, ~Y 22 19 70 Q
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. DATE AMOUNT BAI. DUE DATE AMOUNT PAIO TO ~ S
- Fa value received, the unders~gned prwnis~(i) to pay to the ader of the
ST. LUCiE COUNTY BANK ;
FORT PIERCE. FLORIDA
th. printip+~ swe of
Bfght Thousand Dollara a[?d No/100---------- po~~en
with interest from d`'it6
at the rue of 8 per cent ptr amum on tl+e vnpaid balance unHl paid.
4 The said princ;pal ~nd interest shall bs payable ~t tM St. l~cie County Bank, Fort
E Pierce, Florida, w at such other place u the holder msy desiy~ate in w?itirg, s~id
~ principal to be paid it the date and in th~ manne? followinp:
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~ ~97.00 per -onth bebinni July lOth, 1970 and a like sum each awnih
~ thereafter uncil paid in tull. Payment to apply firat to intereat, balance
~ to principal. Privilebe of prepayment i8 given.
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~ If default be made in any installment under this note and if ~ny such defwh is not msde yood within 30 daya of the daM of said default, the entir~ j
principsl sum and ~ccrued inierest shall at once become due and payable witFa~t notice at the optan of tFN Falder of this note. Fail~re to exercise this f
~ opfion shall not constitute a wsiver of the right to exercise the same in the event of any subsequent dehult. In th~ event of d~fault i~ th~ psyment of
this note +nd if the seme is colfected by an attorney at lew tht undenigned hereby apree ro pay all costs of collection inckrdieg ~ re+soeabb morne~s fs~.
~ Said St. lucie Co~nty Bsnk beirp expreuly authorized b ntain sny general w special deposit, oollate~sl, real w penonal sacurity or proceads ther~of,
~ belonging to either of us, whether maker, security or endo~se~, now w F~e~eaNer in pouessan of said St. luca Counry Buik durinp th~ tim~ this not~ n-
~ mains urtpaid ar?d befwe or after m~turity apply ssms to this or other debt or liability ro s~id Bank, dw or to bocomt dw to the holdtr of this nott.
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; Prexntrtwnt and protsst and notice us hereby w~iv~d.
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"r~' ADDRE55 1601 ~ e~3taay Urive /s/Lloyd R. Smith
SEAL
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~ No. /s/ Lillian A. S~nith ~
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