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1{~e samt, lo{~el~~er wil~: Ihe lsrtemenls, hereditamenls and appurle-
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~ ?ian~~~s f{~ernfo ~,v~ouging, and Ihe renl:, issues ahd prof
tls f~iereo(, unlo Ih~ morfgagee, tn lee simp~e.
ff~e mortgngo? covenants witl~ tl~e rno?tgupee lhat Il~s mortgaeor is tnde~~,tbly seized o~ snid
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i land in (ee simple: tha! Ihe mort9agor,{~as good ~ght~and law/u! aulho~ity to convey ,ntd !a?~d as o(oro-
~ said: that the morlgagor will ma~e such f urihe~ assuronees to per(pct the jes simple title to snid Iand in tl~e
I mortgagee as may reasona6ly be requi?ed: fl~nt th~ mortgagor here6y (ully wurrants the tttle to satd land
and u~ill de(end Ihe same against the law~ul claims of all persoru wkomsoever: and tl~at ,aid bnd t, J?ee
and clear oJ all encum6rances
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; ~rouided ~lways, t~nt if said morlgagor sha~~ pny unto said mortgagee the cerfain promia-
~ sory nole hereinaffer su6stantial~y copied or identijied. to-wit:
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s_ 12,064.'t~+ Fort Pierae, Florida Av1i1 4, , 19_~ ~
For value received, 1, we or eitfier of vs, promise b pay without defalcation, to the order of ~
Robert Blshut and Gretei Rt shu~, 2iavi~e
at P• 0 BAA]C 1~~1 .S~P_Z't'8 V'I AfA~~,j`jZ.AT1A ~~~5
the Sum of 2'f~iSLVS THOUSAAD SI~f P'OUR DOLLARS AAD ~1100- DOLiARS ~
with interest from date at the rate of eiaht % per annum, in the manner following: ~ '
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installmeMs shalt be ~210.~0 o~I~jl 4, 1973 - , and a like sum on the oorrespond-
ing day of eech like suaeeediro ~nth ~~~{fer untii the vrd~oie sum shall be'fully peid with ir?terest at
96 on the unpaid wms from time to time owing. .PRIYlI,EC,B OI~` PAT:PAY1~iT RSS~.St~s
~n~efault ~n eucess of 30 d~ys entitle the proaaissee to collect additional 2 interest.
j (Gra~fing option to fhe promisw the right of prepayment without penatry, and option to prorr?ise ro add) -'16
I interest charges on all wms in defaulL .
Ead~ insfaHment first shall be appiied in payment of the interest and then on the unpaid balance of the principal
sum. If~ defauli is made in tfie psyment of any installment when due, then at the option of the holder, and with-
out arry other notiae, all the remaining instaliments shail be due_and payable at once. Priviiege is given to pay iwo
or more instaflments at any installment maturity date, but this shall not extend the time of maturity of amr sub- _
sequent. instalknent. Neither forebearanoe, nor aoceptanoe by the holder hereof after any default in any payment
hereon shall be deemed extension. ~
Each maker, surety s~d endorsef hereof, jointly and severally, waives demand, presentment, protest and notice of
protest for non-paymer~t and further agrees to any extension of time of payment, either before or after maturity, _
without notioe to any of us; and to pay all aosts of aollection, induding a reasonable attorney's fee in the event
of any defauk hereu~, and hereby se~rerafly waives atl benefit of homestead and exemption under the oonstitu-
tion and laws of e~ad~ State of the United States, as against this obligation. or a~ exte~sion of renewal hereof.
Witnesa the hand and seal of each parly. _
Stamps affixed ro recorded oopy.
(~W
e~h McPe
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