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1fAVt ~ W I~e aame, togettie~ wtlh (h• t~nem~nla. htr~ilemenia and appurte- ~
nances thereto be~ongtng, and fhe renfs, isaues and prolits fheno(, unto fke rnortpapw. in ~e~ simp~.
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~ the mo~tgagor co~enants with tke nto~tga~s~ that th~ mortgogor la ind~~w,tbly se~tad o/ satd t
land in jee stmple: thut ftie mort8neor ~at gooct rig~t and ~awjul autho?{ly to aonvqr tatt~ lund as a~orr-
snicr; that tl~e mortgagor will mnke iuch (urll~er asiwances !o pK(ect t~~ /N l~1Mp~ ~1~If ~O Wn0 l/1 ~M
mortgagee as may .~o.?ab[y be .equ„~.d; that the mortgaQor h.~eby /~Uy wan+anb fh~ tit~ !o • iatd ~and
and wt[I dejend the sa?ns agatru! ths law/u! claims o) QU p~nona whonuo~u~: and t/int aaid ~land ia jrw
and clear oi a!! lRC7trltor~RCB~ except those taxes accruinq subsequent to Deo~n~er 31,
1972.
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~V~ ~~s~ t1~a! if saic~ mortgagor abau puy unto said mortgngee tj?e certain promts-
sorr aote ~ereinajter substnntiajly c~opied or identifisd, to-wft:
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5¦118.75 Fort Pierce, Floricia,^ July_ 16, 1
=0~ t'~L.'.`~: .TtEC~I4'~D the undersigned proQises to pay to the order of G. ALEEP.2 BIAnD~~,~ORTR
G. E'~_:EST ?:Lt?UD:*ORTH, AS Trustees under Trust Agreement dated July 23, 1957, recorded in
-:,e~ B~~:c 23~ at page 480 of the Pu51ic Records of St. Lucie Count~•, Florida.
principal su~ of FIVE THOUSAND ONE H[Ri[~RED EIGHT~~N AND 7SI100 --Dollars($ s_~ tg.75
_o~etner ~+it4 i~terest thereon from date, at the rate of ~ 1~2 per cent, per Atutu~
_:cii n3[urity, said interest beinQ payable annuallp on the sth ~ day of AurnLSt ~
the sa_~e day ~ month of each year; both principaZ and interest being payable in laWful
_~zey of the Lnited states or its ec,uivalent, at Cherukee Produc[s Cor?pany, ~iaddock, Georgia
:=id principal sun to be payable on the dates and in the amounts specified belo~,i, to-wit:
- 1.706.25 together with interest on the unpaid~ balance on ~ucrust 8. 1974, and
li'::e sL~ oa August 8, 1.~',75 and AuQust 8. 1976.
':'~~s ~bligatio:~ nag be paid in Frhole or in part at any tir~e raithout pena2ty.
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~ E3ch r~a~:er and endorser severalZy ~~aives c~enand, protest and no~ice of maturiLy, non-payaeA
p-ot?sz an~ all reRuirecaents n~cessary to hold each of the~ liable.as ~aker and endorsers.
~ ~ach r.at_zr and eadorser further agrees, jointly an3 severally, to pay all costs of col-
;_~ction, inclu~in~ a reasonalSe attorney's fee in case the principal of this note or any payQen[-
` tne pri.zicipal or any_ inter~st thereon is not paid at_ the respective maturity thereof, ,or in
~.:~se i~ beco~es necessary to protect the security hereof, whether suit be brought or not.
~ This no~e &"DeferYed interest nayments shall bear interest at the rate of 7~.' per cent,
ann~ fro:a maturity until paid.
~ This note is secure~ by a _ mortgage of evea date liere*.~ith and is to be construed
en~orced according to the laWS of the State of Florida; upon default in the_pajr~ent of
-~riacipal an@/or interest due on any note secured b"y said 2tortgage, all'notes so secured and r-t~
-'~31i11It~ unpaid shall fortht-rf Ch beco:ne due ~ payable notwithstanding their tener.
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