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~ i~w~ ~ W nV`~ !he same, togell~e~ with.the tenemenla, hereditomvnt: and appurtt-
nances Ihereto 6elonging, and fhe rents, issuea and pro~ifs t~ereo~, ttMo f/~s morleagee, in ~ee simpit.
Ihe mortgago~ covenanls wif~ f1~e morfg4gee tl~af fl~e mortgagor is inde%rbly seizec~' o~ snid i
land in /ee simple: tl~at the mo~tgagor hw good right and [c~w/uI authority to conuey sald [and as a/or+t- ~
said: tl~at !he moHgagor wi~l ma~e such (urther osswances fo pe?lect the ~w sJmpl~ tltlr to satd ~and in fJ~t ~
mo?tgngee as may ?easonably be requirecl; that the mortgngar her+eby ~u~ly u~arr~enb t~e tlt~e to aai~/ ~and ~
and wtfl defend the snme against fhe Iam/ut cla3ms o( aIl perso~ wl~omsotver; nnd thot said lnnd is /ree ~
and clear o) aIt e~ecum6r~ances ~ ;
~
~
~rouidcd ~tways, t~nt i~ said mortgagor :hnl! ~xiy unfo saic( mwfgoges f~e certain promis-
sory note 1~ereinn~te~ substnntia~~y eopiec~ or idenltjied, to-wit:
~
4
INSTA LLMENT NOTE
$ 1.664.82 FORT PIERCE. FLORIDA Auguet lI 19T2
FOR VA LUE RECEIVED, the undersigned. promise to pay to the order of FIRST
NATIONAL BANK OF FORT PIERCE. Fort Pierce~ Flori~4a ONE THOUSAND
SIX HUNDRED SIXTY-FOUR AND---------82/l00'e DOLLARS, in instalimenta
ss follows:
EIGHTEEN (18) Cansecutive monthly inatallmenta~ of ~92. 49
each, commencing the /S"j~ day of .S'~~ 19TZ.
The annual simple interest rate ia 11. 06°J6
If for any reason any of the esid payments remain due and unpaid for a period of
ten days~ the makers aad /or endoraers ngree to pay a late charge of 5~ per ~1. 00
of psyment in default which shall be added to or deducted from the monthly pay-
ments when paid.
If default is made in the payinent of any installment when due, thea at the option
of the holder, aad without any other notice. all the remaining installment• ahall
be due ~nd payable at once. Privilege ia given to pay two or more instalimente
at any installment maturity date, but this ahall not extend the time oi maturity of
any subaeQuent installment. Neither forbesrance, nor acceptance by the holder
hereof after any default in any payment hereon. ahall be deemed extension.
The makers and endorsers of this note further agree to waive aotice of non-pay-
ment, proteat and demand for payment~ a~nd in case auit ehall be brouqht for the
collection hereof or the same ~hall be collected upon demand of an attorney. to
pay all expensea of euch collection, including a reaeonable attorney'e fee
thereon.
The maker af this note desiree life inBUrance with a premium in the amount of
~24. 9T, computed into the total amount of the loan on the life of Archie Lee Nixon
/5 / A rchie Lee Ni.xon (SEA Ll
Documentary stamps in Ehe amount
of 2. 55, affixed to the original note A rchie Lee Nixon
and cancelled.
0 R ^ Q
gg~ PA;,f /5/JULIA GHENT NIXON (SEAL)
Julia Ghent Nixon
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