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+ ~o }laue and to ~lold I~i~ sam~. fo,ryrl~~vr tril~~ 1~~~ ten~mt~nls. ~~~rec~ilam~?~ts ant~ appurle
~ ?~nm-~~s I~~~n•fu ~u~lon~~i+eR. ~+ii~ 1~~~ r~~r?Is. issues an<~ proJils t{i~reoJ. unlo m~~~lga~~e~. in ~ee simp~~.
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7Ln~ I~u~ morl~la~tor co~~e~~~nls ~ril~~ I~~r mo?t,c~a~~e~ I~~~t t~iP mo?l~lat~or is ineli~~rnsi~ilV s~ize~~ o~ se~icr
, ~aru~ in Jr~ simp~~~: t~~at 1~~~~ murfc~aqor ~~as ~~oo~~ ri4~~~f nnc~ ~au~jn~ aul~~o?ilY lo cuni~~y snic~ lancj as a~ort+-
sai~~: I~~al I~i~~ morl~~n~~ur u•i~~ ma~~• suc~~ jurtlu~? ~ssurun~•~•s fo p~r~~i•t lj~~ sim~~le fiflr !o sai~~ ~ar~cl in t~~e
morl~~n~~i~~~ as mn~ mc~suna~,~~ myuiri~~I: IJu~I IIu• morl,rya{lur ~~erc~~~y ~ul~y coarrants f~i~ lil~e to soit~ ~nn~~
'i an~~ ioi~~ c~~j~~nr~ 1{u~ sumi~ u~~ninsl I~~r ~ato~uj i•luims uf alj p~~rsons u~~~o»~soei~Yr: ~n~~ f{?at sait~ ~artt~ is ~re~
ant~ clrar o~ a~~ ~•nrumj~rani•os except 1973 taxes and subsequent years and other
j; encumbrances as described in Mortgagee Policy Commitment No. 75893,
'i I.awyers' Titte Guaranty Func] to The lndian River Citrus &~nk, a Banking
~ corporation.
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~rou~ded ~lways~ tEiat ij sni~~ mort~ac~or s~ia~~ pay w~to saic~ mort,yapee f~e certain promis-
sory note ~?ereina(!er steE~slmiti~~~y copir~~ or ic~enii(ie~~, to-wit: .
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~ 711~ Vero Beach, Fbrida- A~i~ 197~~_, ~
~ LZrIYl$D ~ CiO. ~~1C. after date, I, we or either ot us promise to pay ro the order of
lndian:Riv~r Citrds_~ti~4 --s--Banicing_ carporatf~on _ -
~Y~Q $1~l1CjtE'd EIi."Vqt Lt~Oti~StK~, LWO ZWtK1t'G~ ~IZ~ - - --DOLLARS
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f~. va!ue reteived. PaYable at ~El'O BEiaC~l Fj01'fd8 _ _ - - -
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- - with interest
from.__~te___._.._ at the rete of7 __3~4.__ per Cent per annum untif paid; interest payable~S_~~
And each of us wheTher maker, guarantw or endorser, hereby severalty waives and reneunces ar+y and ail hort~estead exemytion ngfits we may
h~ve uncier the Constitution or Lav~s of the State of Flwlda, or any othcr State or United States, as against th~s rate; a~d each furthcr waives demand,
r•_Tice ot rw~-payment and protest, and in the event it R'comes necessary to colSect this note fhraugh an attorney, agrees to pay att cos:s of collection,
rciuding reawrwWe attorney's fee.
Paymente to be in 59 coneecutive monthly iastallments, each in the emount ot
' jti, 694. 35 i~.;it~dir~ intereet, together with a ballooo ~lack;e in the p~incipal vt
~ ~560, 510. 94, due on the 60th montW. FLret payment aue 30 dsye fro~n the releaee
~ ~~i safd tunds.
i In the event any paytr•ent sball not be mRde withiti 30 daye fro~tt c~te date said
~ n~te may be <iccel::rated ~t the o~tiou at the U~diaa River Cltrus S~~nk a~ith tbe
` ::nrrire prlncipal am~t plus interest to become due and payab~ie.
; Prepayment m~iy be mada at any time vrithout penalty.
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_ oG~ ~'o ~ARiViAN OIL CA., 1NC.
e STATP. (?l'Cl'~tEN7AR T ?T~~f/'1 8~ \ 1~1 . ~Q~-~_- - SEAL
` ~~IXfiR 7:~ JHiC;1~AL i\L C:~.~(:HLL}lU. ,
` - -_3Qn'T~-S --v_Y_.~
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; 'vo. - - ~!e - - _ SEAL
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