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~ ~o ~ve and to ~told Ihe same, together w~th Ihe tenemonti, hereditnmenta and appwl~-
nonces fhpreto tie~or~ging, anc~ fhe renfs, is~ues and pro~ifs ther+to/. unto ths morfgage~, in (ee aimp~e.
~i1NL ttis rnorlgagor covenonfs u~itti fhe morlgagee lkat !he mortgagw ia ind~/~,~61y s~ized oj aaid
~an~ in fee aimp~e; fhat t1~e mortgagor has good rtght nnd ~nw~u~ aull~ority lo conv~r ,otd la.~d m a~or~-
said; f~al !~e mortgagor wi~~ n~a~e such ~uri{~er n~surancet to pe?(ect the (e~ tlmp~ fitjt fo said jnnd in t~
mortga9ee as may ?easona6ly be requttecl: lhat ths moNeago~ h~ro6y jully u~arrunts tl~e title to ,~td la.~d
nnd u~ill de%nd the snme against the lawf ul cluirru oj nil penoni ~ wl~omaon.~K; and tl~at ,ntd ta,~d ~ I?se
and clenr oJ all encumbrances ~
.
W~S~ that i~ saic~ mortgagor sha~~ pay unto snit~ mortgagee the certain promis-
sory note ~e?einaJte~ substnntia~~y copied o~ identi~iec~, to-wif:
= 60, 000.00 Fort Pierce, Florida J~~~? 13 , 19~2_~
A• hereinatter arovi~ed after date, I, we or either of us promise to pay to the o~der of
~~~r.~a nTnRU a~-.WII~iIIl~AEII-PIpER~.--2~ia wite~
SIxTY THOUSA~ID and ~io/100--•--•••-------••-•-•-•--•-----•--••- DolLAitS
for value received, payabie at St. LLtCft CIIUAt~
~ Fort Piore~~ Florida w~it, infe~est
~
~ from data at the rate of 7 per cent per annum u~til paid; interest payable aIt111i~1IY.
~ If d~f~uh is msd~ in anY piYment when dw and coMinws for 30 days, then ~t the option of the hold~r, and without any otMr notice,
! ~11 th~ r~rnainirg balana ~all b~ due and p~yabb at a~.
~ Md ~sch of us whethet mak~r, ywr~ntor a~ndorwr, hereby s~wr~lly wsives ~nd r~nounc~s any and all hoen~st~ad ~xlmption riphts
~ vw msy 1?aw und~r tM Constitutioe w laws of th~ State of Fbrida, or ~ny othe~ State a United St~te~, as ayairut this note; ~nd ~ach iwther
~ waiws demsnd, notiu of nonpaym~M ~nd prot~t, and in ~va~t it becomea neces~ary to collset thi~ rat~ tMaph an atwrn~y, pre~s ro W1?
~ all cosb of colbction, ind~di~p r~asonsble anwn~y'~ fe~.
i
~ Thit oob ary M prpaid in wFab w in parf N any tirn~ withovt p~~ahy.
e
~ The principal swa shall be du• and payabls in ten squal •uccsi~iv~
~ anaual in~talllm~nt• ot $6,000.00 each, t2a lir~t o! ~vhich ~hall ba
~ due and payabl~ or?~syrar lx~o~n dats. Inter~at on ths unpaid balance
~ at t2i• rats o! •~v~a p~rceAt ( 7~G) p~r annum ~hall be du~ arid payabl•
~ with each principal installmant. ~
T'hi• not• i• pr~payabl• in w+liol• or in part at any tim~ without
~ penalty and any prapayin~ent• ~hall lir~t be apQli~d to accru~d
~ int~r~~t and t2~~A to th~ n~xt maturinq in~talLsent o! princi~?l.
~
(Documentary stamps in the
;a amount of $90.00 affixed -
to the original note and '
cancelled.)
BO~WFdt Bi~0~4 . . II~' .
-
_ By /s/ Travis D. Bowen (SE~L)
- Travi• D. Bow~n, Prsaid~nt
~ ~TTEST:_fs~ Gilbext Bowen
_ Q ~n~ /s/ David L. Walker ~ .
~ David L. Walkor ~
; ~ a•• s~u 1 '
- ~
- . BO~K PJIGf ~
~:r . 5
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y~~ "
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