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TO HAVB AND TO HOLD tha same, together with all and singular the tene-
ments, hereditaments and appurtenances thcrcunto belonging, or in anywise appertaining,
and the reversion and reversions, remainder and remainders, rena, iasucs and profits there-
of, and also all th~ estate, right, atk, intereat, property, possession, claim and demand
whatsoever, as weU in law as in equity, of the aaid Mortgagor in and to thc aame, and
every part and parcel thcrcof, unto the said Mortgagee in fee simplre. f
AND the said Mortgagor do es hcreby fully warrant the dde co said land and ~
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cvery part thereof and will defend the same against the lawful claims of all persons whom- '
soever. ~
PROViDBD ALWAYS, That if said Mortgagor ahall pay unto th~ aaid Morc-
gagee a certain promisaory notc~ of which the following is a substantial cop y
to wit:
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$270,000.00 F'ort Piercc, Floricla
A~~ril , 1971 '
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FOR VALUE RI:CEIVLD, I prornise to pay io DOYLC ROG1.i2S,
as `Frustec, or ord~r, thc sum of Z'~~70 IIUNDRLD S):VrN`t'Y THOUS11t•:D
AND NO/100 DOLLARS in the following installments, payable on the
fO1101J111C~ dates :
$ 70,000.00 one year from the datc hereof;
$100,000.00 t~ao years from the date hereof; and
$100,00Q.00 three years from the date hcreof;
and to pay interest on the unpaid part of trie principal hereof irom
the date hereof at the rate of seven and.one-half per centum
(7-1/2$) per a.,num, payable or~e year fium date and annually thei~after.
The principal hereof aiid interest liereon are payable at 321 Royal
t Poinciana Plaza South, Palm Beach, Florida.
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After January 1, 1972, payments of principal,.in whole
' or in part, may be made in advance of nla~urity without penalty.
Prior to January 1, 1972, advance payments of principal can be made
> only to the extent of $47,000.00 of the principal due unless the
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~ ` entire~principal balance is paid at one time. At the time of each
; advance payment of principal, the maker shall also pay the interest
~ then accrued on the amount so paid, All such advance payments of
~ principal shall be credited to the installments due on the mortgage
~ note in the order of their maturity.
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~ In the event of the continuation of any default in the
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payment of any installment of the principal hereof or interest hereon
~ for a period of thirty days, the holder hereof may elect to declare
~ and declare the entire unpaid amount hereof, and the interest then
- accrued, immediately due and payable.
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~ • The maker and all endorsers of this note waive demana,
presentment, notice of non-payment, dishonor, and protest, and agree
' in case suit shall be brought for the collection hereof, or it is
= necessary to place the satr~e in the hands of an attorney for collection, ;
to pay reasonaUle attorney's fees for making such collection. Deferred #
~ interest payments shall bear interest from maturity at the rate of
- seven anc3 one-half per centum (7-1/2$) per annum payable semi-annually.
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y~ `A 1~ 1 WF./~F (SEAL) ~
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• Philip ~4ei e-r, as Trustee ~
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a~oK~91 2~?~ -
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