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~o ~uc ~nd to ~iold the same. togefher u~ith thP fenrmenfs, he~edita?nrnts nad appurte-
nan~~es f{~erefo belonflin~. ~n~ fhe renfs, issnes and pro(its fhere~~, unfo ttie n?ertc~ugee, in (ee simp~e.
IU~~ Il~e mo~tgagor covenants iuiile the ma?tgage~ lj~al l~~c~ mortgac~or is ini~ejeasi~?~y ~eize~ o( sai~
la?ed in jeo simple; tl~at the mo~tgagor has goacl rig~f and lew(u~ aulhorily to convey saitl Iand ns a(ore-
saia: thnt tl~e mo?tc~a~or wil~ muke surh jtuthe? nssurances :o perfpc-1 Ih~ f.>e simple lille to .~aid Iand in the
mo~fgagee as nu~y r~nsunably Le re~~uirc~~; IIIAI IIIP morfga~or here~~y Ju~~y u•arrnnls f{~e til~~• tu sait~ ~an~
n~d will deJend the sume aQqlI15I IIIP laioju~ clainu o( al~ persons u~ho~~isoer~r: and Ii~at sc:id la~ul is fn~e
nn~ c~ear o~ a~~ ene•umtiranres Except taxes accruing subsequent t0
December 31, 1972. ~
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: ~rou~ded ~lways, 1{~at iJ saicl mortgnc~or stia~~ j.av unto saic~ morf~agee Ihe certain promis- ~
! sory nofe hereinajter substanlea~~y ropii•<< or i~rentiJi~~~. b-u~if : ~ !
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a75~000_._00__ Fort Pierce, Florida ................February..----------. 1973_._
As_._hereinafter...set__forth__________________ afrer dare, I, we or either of us promise to pay to ihe order of ~
ST. ~UCIE C~UNTY BAIvK a Florida cor ratzon - ~
-----------------------------------------------------------~------------------------.._...----._._Po.__._.......
SDVENTY-~'I~ ..SHOUSAI~D and 00 100
oo~wRs
for val~e rece~ved, payable ar.___._X~.2__.South__S.~cQ.nd._Str.eet~_.For_t__Pier.ce,.--Flor-ida--33450
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' -------•-----------------------------•-•----...-------•-~-"_~vit interest
~I from._._.date________________at the rate of__7-1L2_per cent pe~ annum ~ntil paid; interest payablel~.__b~.a.OY~i._......__.
I set forth.
i And each of us whrttxs r:~ice~r, gwrsMa or endwser, hcreby severally waives and reno~nces any and all homesn?ad e:emption rights we
I may have under the Consritution or laws of the State of Florida, w a~yr other Sta~e a United States, as aga:rat this note; and each forther waivcs
demand, not~ce of norrpayment and prwest, and in evcnt it becomes necessary to cdkct this note thrargh sn attorney, ~grees fo psy all costs
of cdkd~on, inctud'ugg r~~~ bk~j
ttor fe~e.~ ~
~ If defsvll^~ rt?~d~ 1nCoy piyme~T-w-hentduC~?tsf-fheo'~
fo7~ KoYder,~aFid~thaut any oM~tr notice, all the remaining balance
~ shal! be due and payable st a~ce.
The principal indebtedness as evidenced by this note shall be paid
in five equal annual installr~ents of $15,000, beginning one year from
the date hereof. To each annual installMent of principal shall be
added interest on the unpaid balance at the rate as herein set forth.
The maker hereof reserves the right of prepayment in whole, or in
part, at any time without penalty.
GULF-ATLANTIC INVESTMENTS
OF FORT PIERCE, INC. -
Corporate gy _
~ Seal Pres dent
Attest: _ _ _ SE,q~
Secretary
No-- - . Due------------------...------------------------- SEAL
~r - rar~rnc ~ ua~
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aQCK2~1 PAC; ~15
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