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~ ~n ~iaue and tn ~iotd iha same, to9ethe~ wtlh the ter~ementa, he~editamenls and appurte-
nances fhprrto ~e~onuing, nn~I the rents, issues anc~ projifs fhercw~, unfo fhe morfgngee, in Jee simp~e.
~nd the mortgagor covenants u•~~h ~h~ mort9agee ~I~at lf~e mortgagor is inde%s~bly seizPa o( said
~ land in Jee simple; tl~at the rnortgagor has good right and law(u! aut/~ority lo convey aaid land ns ajore-
I said: that tl~e mortgagor u~i~l make sucti (urtl~er assurances lo per(ect the /ee simple ttfle to :nid land in the
i morfgagee as may reasonn6~y ~e requi?~ed: l~at f~e mortgago~ ~ereby ~u~~y warranfs t~o fet~ to said Iantl
i' and iaill deJend the same against ff?e Iaw~ul clQims o( a~~ persons whorruoever; and lhaf sait~ ~and is )ree
and clear o/ at1 encumbra~ces ,
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' ~rouided ~ltways, that i~ saicj morlgagor a~n~~ pay unlo saic~ mottgagee the certain promis-
~ sory note ~ereinn~ter Substanualty ~oP~~ or ic{enliJied, to-wit:
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~ 5, 4$0.00 Fort pier~e, Florida, ~~~r ~•19 7 Z
For value received, I, we or either of us, promise to ~ay, without defalcation, to the order of
Royal Balm Invest~aerits, Inc.
at 340 MeltOri DZlVe in Fort
Pierce, Florida, the sum of ~Ye 'j'hOUS~~d Fbu7c Hundred I'aic3hty ~ JO/100 DOLLARS
with interest from date at the rate of 7~ % per annum, in ~n~ly instalments as follows,
a 109.81 on the day of J'~Ue~ , lq 73 and a like sum
on the corresponding day of each like succeeding period thereafter until the whole be fully paid.
Each iostslment fint shall be applied in payment of tbe interest and then o~ the unpaid balance of the principal sum. If default is made
in tM payment of any instalment when due, then at the option of the hotder, and without any other noY~te, sll ?he remaining i~stalments
shall be due and payable at once. Privikge is given to pay Mro or more instslments at any instalmem mafurity date, Fw1 ihis shall not ex-
tend the time of murity of any wbsequent instalment. Neither forbearante, na acceptance by the holder he?eof aher any defauh in any
paymcnt F?ereon, shsll be deemcd ext~nsion.
Each maker, surety and endorser hereof, jointly and uverally, wa~ves demand, presentment, protest and notice of protest for narpay-
me~t, and further agrees to any extension of time of payment, either before w aher maturity, without noYrce to any of us; and to pay atl
costs of collectio~, including a resonable attwney i fee in the event of any default he~eunder, and hereby severatly waives all ba~efit of
homestead and exemption under the constitution and laws of each Stste of the United States, as sgainst this obligation o~ any extension
or renewal hereof.
~tneu the hand snd seal of esch party.
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(i~l'~~G ~ .~C ~h~ E%" ~ .
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a°ooK 209 PRCC 842
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