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~o ~ue and to ~iotd Ihe same, together with the te~ements, hereditaments and oppurte-
nances 1~~ereto 6elangin~, un~ f~e renfs, issues an~ pro~ils ihereoj, unfo the mortgagee, In ~ee atmp~e.
~nd the mortgapo~ rovenanfs wilh t~e morfgapee Ihat t~e morfgago~ ~s indeJ~,~bty tefzec~ oj aatd
land in /pe simple; thnl the moHgngo~ hos good nlght and Iaw~ul authority to c~onwr iatd land ai o%ro-
saicr; fhat f~e mo~tgago? wtl~ make such /urther assw+aneea !o perfsct fhe ~ee atmple title to said Iand in tke
mortgagee as may reasonably be required; tl~a! t{ee mortgogo~ bereby /ully wurranta th~ fitla to :aid bnd
and te~ill de(end tl~e sanee against tl~e Iowjul clai?na of all penons wl~omaoe~er; and tl~at :ntd land t, J~.
and clear o( a!! encum6mnces except those taxes accruing subsequent to Dece~nber 31.
1972.
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~~V~ ~~s~ tha! i( said mortgngor shnl~ pny unto said mortgagee the certain promli- ~
sory note kereina~ter su6:tant~ai[y copiecl or identiltec~, to-wit:
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4, 387. 50 Fort Pierce, Floricia, July 16 , 1973
FO~ t~tL,'=E P.EC~IS'~D the undersigned proraises to pay to the order of G. ALEEP.T BLOOD~-:OP.'ft~
G. En`:EST ELOJD:'ORTR, AS Trustees under Trust Agreemeat dated July 23, 1957, recorded in
;~ed Book 23~ at page 480 of thz Public Records of St. Lucie County, Florida.
~'~.e princioal su_*~ of~~lg ~QnsANn TNRFF Hrn~mRFn RIGHTY s~v~x A~ 50~~841ars($ 4,~87_!~p
~o~etner ~~ith interest thereon from date, at the rate of per cent, per Annu3
:~ii aaturity, said interest bein~ payable annualZy on thqyth day of „~,~t
<=:~d ~he sa~e day & month of each year; both principal and interest being payable in laaful
-.~:~y of the L`nited states or its eguivalent, at Cherokee Products Company, Itaddock, Georgia_
~_id ~rincipal sua to be payable on the dates and in the amounts specified below, to ~ait:
1,462.5o together ~ith interest on the unpaid•balance on Au~ust 12.I~~4, and
; liz:e sue~ on Auqust 12, 1975 and Aucrust 12. 1976.
_':is obligatioa nay be paid in whole or in paxt at any time without penalty.
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Each naker and endorser severally t~aives der~and, protest and notice of ~:aturity, non-payrlen :
~ protest and all requireaents nscessary to hold each of thert liable as r~aker and endorsers.
zac:? :~aic~r and endorser further agrees, jointly and severally, to pay aIl costs of col-
__~~ion, including a-reasoaalbe attorney's fee in case the principal of this note or aay pa}mient~;
c~-~ the _princinal or any: interes.t thereon is not paid at the respective_maturity thereo€, .or in ~t
c~-.~e it beco:*es necessary to ptotect the security hereof, ~ahether suit ~b~ brought or no~. '
This no~e &~De£erred interest pays.~ents shall bear interest at the rate~ of 7%i: Per cent, -
.~=r ann~ fro:1 maturity until paid. !
This note is secured by a r~ortgage of _even date h~re*.aith and is to be construell ~i
enforced accore~ing to the lac~s of the State of Florida; upon default in ~the_paynent of
-:~inCipal anc~/or interest due on any note secured b'y said 2[ortoaRe, all notes so secured and .-4 ~
_~--~ainino unpaid shall forthc~ith become due & payable notc,rithstandi.ng their tener. ~
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. /T ~ c~-<.:- J , .,v t.~c ~Seal)~
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J ~••r ~ (Seal)f;
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go~ 21s ~F 2429 ~ ' : ~
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