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jI T1Aa1~ RINi l0 ~W~~ Itiw xame, fogNt~~pr ~oilh fhe tenemenls, hereditaments anc~ appu?te
nanrvs 1{~prFfu hP~w~,ying. un~~ t~~~ r~nls. iasues an~~ pro~ifs f~~ereo~. unto t{~p morigogee. in ~e~ simp~e.
~ i~i~{l fhv mortga~ur lY)1'Pl1QIIIS u~iti~ the mortpapee Ihaf tl~e rnortgago~ is indeJewi6~y aeiz~l o~ aaid
j ~~nil in J~e cimple: fhal the mortgapor has good righ! and ~aw~u~ aulhorily to convey aaid land ai a~orr-
i) saii~: Ihaf f~~r morlgagor u~i~~ ma~re such ~urfher assurancea lo per~rct Ihe /ee simple Itfle to snid Iand in the
mortf~af~i~P as moy ?~easonnbly 6s re~qui?~: lhaf t~e morfgdgor hereby f u~~y warranfs fhe fii~e? fo said lond
f~ a~u1 u~ill dPjPtl~ I~P snme againsf the Inu~(uI claims o~ QI~ PP~JOII! u~homsoever; and that said ~anc~ i~ jres
and clear o/ n1I encumbwaces ,
PROVIDED ALWAYS, that if said mortgagor shall pay unto said
~ mortgagee the certain promissory.note hereinafter substantially
~ copied or identi f ied, to-wit : ~
1 (
$21,500.00 Fort Pierce, Florida, April~, 1971
For value roc~ivecA, ws, or either of us, promise to pay, without
defalcation, to the order of B. A. BITTAN, JR., and MARILYN K.
BITTAN, his wife, at residence of payeea, Fort Pierce, Florida,
or where otherwiee deaignated in writing, the sum of TWEN'I'Y-ONE
THOUSAND FIVE ~iUNDRBD DOLIARS, with interest at the rate of 896
pe= annum, in monthly inatallmenta as followa:
$15J.00 per ~..~onth for the fir~t 24 monthst $175.00 per
raonth for the 25th throuqh the 48th mflntha ~ and $~00. 0~
per mcnth beginning with the 49th month, and $200.00
per month thereafter until the whole be fully paid, with
the firat monthly installment to be paid on t2ie 5th day
of May, 1971.
! ~:ach installment firat ahall be applied in payraent of the interest
and then on the unpaid balance of the principal siaa. If default ,
is made in the payment of any installment when due, then at the
option of the holder, and without any other notice, all the re-
~ maining inetallments shall be due and payable at once. Privileqe
~ fs qiven to pay two or mors installments at any inatallment
` maturity date, but this shall not extend the time of raaturity of
~ any subsequent inetallment. Neither forbearance, nor acceptance
= by the holder hereof after any default in any payment hereon,
~ shall be deeaned extension.
~
i
; Each maker, surety and endorser hereof, jointly and severally
r waives demand, presentment, protest and notice of prote~t for nQn-
a ~ payment, and !`urther aqreee to any extension of time of paymer~t,
~ either before or after maturity, without notice to au~y of us; and
; to pay all coste of collection, includinq a reasonable attorney's
_ fee in the event of any default hereunder, and hereby severally
- . waives all benefit of homeetead and exemption under the ecnstitu-
- tion and laws of each State of the United Statea, as aqainst this
= obliqation or any extension or renewal hereof.
- Witneas the hand and seal of each party.
~ $ State stamps affixed to
' original note and cancelled. W~y~~ DpUCiI.J~$ BRIDGSS (SEAL)
- Willard Douqlaa Bridgea
S~iDR71 COR~iBLU BttZD(~RS (SEAL) ~
- ~ R 1f~1 z~ndra Cornelia Bridges ~
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