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~o ~ue nnd to 3iotd f~e same, togef{~e? wJfh Ihe le~ements, heredifamenls anc~ appurle-
I nances fhprefo ~p~onging, an~ the rnnts, issues anc~ proJifs Itie~eo~, unfo fhe mortgages, in fee aimp~e.
flie morfpago~ covenanls with 1he mortgages tf~al tke mortgagor is inde(ew~bty seized oj sald
land in Jee simple: ihat the morfgagor hw good ?tgF~t and law(ul authority !o convey said land w ajore- '
~ sai~: ttiaf Ihe mo?tgngor u~i~~ ma~re such ~urfher assuroncea fo pe~pct tke ~ee simp~e fifle !o snid~~and in the
I morf~agee as may reasona6ly 6e ~equired: tf~at the mo~tgago~ tiere6y jully wurranls the title to satd lw~d
~ and u~ill deJpnd Ihe same against the law~ul claims o~ all persoru who?nsoeue~: and thnt aaid lnnd is (roe
and clear oJ aIl encumb?ances
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! ~~V~~ ~w~ys~ lhat if said mortgagor shn~~ pay unto said mortgagee fhe cerfnin promia-
• ~ sory note hereina~ter su6stantin~~y copied or identiJied, to-u~it: '
~ 5,000.00 ~ Fort Pierce, Florida December S 19 72 ~
~ ~
~ FOA V~LIiE RECEIVED, the undersigned, jointly and severally. promise to pay to the
order oY FIRST ;JATIO~~ BANK OF FOR2 PIERCE ~
P. Oo Box 470 at Fort Pierce, Florida
t::e ~rincipal sum o: FIVE THOUSAND and no/100~ DOLLARS, with
, intere~t at the rate of ei~ht per cent per annum from date until
pa:d. ia installments as follows :
D'JE ON OR BEFORE DECE~ER S, 1973, $5,000.00. Interest
is payable quarterly with the first quarterly interest
~ paynaent due March S, 1973 and each quarter thereafter
~ until the principal is paid.
E
F ~he maker reserves the right of prepayment at any time without
penalty, in whole or in part.
The holder shall be entitled to collect a penalty charge not
exceeding 5% of the delinquent principal payment9 or interest.
~ , five
~ ,f any in,tailment be not promptly paid within days next after the same be-
cur.~es due, then~ at the option of the holder hereof~ the full amount remaining due upon
this r,o~e shall thereupon become due and payable at once. together with all other indebt-
t,in~:ss stipvlated in this note and in the mortgage given to secure the same.
Tna makers and endorsers of this note furth er agree to waive notice of non-payment.
pi•o~est and demand for payment, and in case suit shall be brought for the collection
~ hareo: or the same shall be collected upon demand of an attorney, to pay all expenaes
of auch collection, including a reasonable attorney's fee thereon.
t ,
~ State Documentary Stamps ~S~ .~~„%G" C °SEAL)
~ in the amount of $7.50 Pa x~ck J.~ c abe~~
~
~ attached to original and ,
~ r_; r ~~c
canceled. ~S~ "J~ ~ ~~-~(SEAL)~
~ Ri-~iC. Townsend
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~ ~sEaL)
~ -
~
~ (SEAL)
~
aoox 208 ~~E 2242
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