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~ ~o ~iaue ~nd to ~old I~ie same, tu{~ei~~er wil1: Ihe tenemenls. ~ie~eclilamenls and appurfe-
ria~~rns l~~rmb ~,~~on~~ir~fi. QII(I IIIP rnnls. tssues ancl pro(ifs thereo~. unlo ihe morfgages. in ~ee simpje.
~ Z11N~ l~ie morfflagor covenanls wilh ftie mortgagee that Itie mortgagor it ~nc~ejeasib~y aeized o~ sQed
i ~anc~ in j~e simp~~; 1hn! 'Ihe morfgngor ~as good ~ig~t anc~ lawlul auihorify to ebnvey saie'~ ~aiec~ aa o~ol~e- .
y said: !{~at I~~e morlgapo~ will make sucl~ /u?lhe~ assura~ces to pe~lect f~e jee itinple u~le to :ai~ Iand i~ fhe ~
jf mor~~n~ee us may reasonably be requirecl: that t6e mortgagor l+ere6y /ully warranta the title to said land
II uiut iril[ de(end Ihe same agains~ fhe law/ul claema o/ all persons whomsoever; and tl~at said la.~d t~ Jree ~
'i a?~d ~[ea~ o/ afl encumbrances except taxes accruing- subsequent to December 31
1972.
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' ~~V~~~ 11tW~ys~ f{~at i( said mortgagor shall pay unto said mortgagee the certnin proneit-
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~ sory note hereinuJter su6stantially copiec~ or idenfiliec~, to-wit:
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PROMISSORY NOTE
S~'~4, 000.00 Fort Pierce, Florida May 11, " I9 73 ~
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~or value received, I, we or either of us, pron:.se to pay, without defalcatior.,~
~o tne order of Blanche Everts
at 63_~15~ua _1 Street,
i~= H slett Michi an 48840 , e sum of o undre even y- our T ousana
. an no DOLLARS,
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~nterest from date at t e.rate o 7-1 2 i~ per annum, in semi-annual
~::s r.ailments as follows : ~ ~
~he principal sum of $9,133.33, plus accrued interest,-six (6) months from
date of.closing, and a like principal sum plus accrued interest•semi-annually
until paid in full. (Date of closing May'll, 1973.)
:.aca installment shall first be applied in payment of the interest and then or.
ur,~aid balance of the principal sum. If default is made in the paymeat of a:~y
_.__~~q;.iment when due, then at the option of the holder, and without any ot~ier
~..._~ca, ail tne remaining installments shall be due and payable at once. P~ivi-
~ ~s given to pay two or more installments at any installment maturity date,
~ . -:.is s:.all not extend the tir??e of maturity of any subsequent installnent.
i ._..~r ~orbearance, nor acceptance by the holder hereof, after afly default ir. ~
~ ,w;~:~ent inereon, shall be deemed extension.
~ r.?aker, surety and endorser hereof, jointly and severally, waives demanc, ~
~ __~~::.;..;.~nt, protest and notice of protest for nonpayment, anu further agrees t~
E • exter.sion.of time of payment, either before or after maturity, without notic~
~ ~ u_.y o~ us; and to pay all cos~s of collection, including a reasonable attor;.~j~
~ _ ~~t,e event of any default hereunder, and hereby severally waives a~l ber.ef::.
3 ..omestead and exemption under the Constitution and Iaws of each State of the
~:.,~ad States, as against this obligation or any extension or renewal hereof.
~ ~:~~.SS the hand and seal of each party.
? '~z~. -PAYMENT IN WHOLE OR IN PART /s/ Robert P. Rige 1 ( SEAL)
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- ~.-Z:'~:1TED WITHOUT PENALTY AT ANY
F'.~;i~ AFTER YEAR OF SALE. /s/ Gerald S. James (SEALl
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4 '_:,:s note is subject to excul- /s/ Judy James (SEAL)
~ .~,~tory clause limiti,ng personal r
€ ~~U:~ility which is described in '
~ ~.i:~e purchase money ~nortgage ~
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~ ~~curing this note. ,
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~ ' 214 t~A~,_ 124
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