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T1A11~ fLILiL W ~~V~ I~s same, toget~er with I~e tene~nents, heredtlaments and appurle-
nances Ihereto 6plonging, a~~ fhe n?nts. issuea w?d proJils t~isreof. unto t~s ntorlgoge~, in jee sJmpje.
niSY the mo~tgagor oovenants with the ~nortgngee f1~nt !hs ntortgegor U ind4~eatl~~y setzt~ of satd '
~anc~ in ~ee simp~e; t~nf f1~e rnortgagor ~ 9~ ?t9~t and lau,~u~ aWhority to eonvey taid land as a(o~-
~ sntd: t/?at the mort9o9w wi[[ ma~re such /urther mswa~e~s to perjrct the )ee sin?pb titb 1o satd Iand in the
mo?tgngee ~ may .~onablr b. .~t~.i,+~d: tha! the mortgagor k.r.by /ully warronb tl~e tltle to :atd [and
and will dejend tl~e sdne aganst the lawjul clnima oj a~l penont wl~onuoever: w~d ekat satd l~d :
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and clear oj all ancur?ibroneea - '
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~ ~V~ ~~s~ that i~ saitl mortgngor a~ pay unto seid inortgagee tI?e certuin promis-
~ sory note ~e?einajler substantiaj~y copied or identi(ted. to-mit: - ?
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20 ,250.00 Fort Pierce, Florida, Fiz;j 2? 19 ~3 ;
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FO'_t :'e~.'.:;: ?~.CrIS~'~D the un~ersi~ned proetises to pay to the order of G. AL~EP.T BLOOD::ORTII
E~_;ESi ::j OOD:'OZTH, AS Trustees~ under Trust Agreenent dated July 23, 1957, recor~d in
Eoo;; 23~ at page 480 of thz Public Records o€ St. Lucie Count~•, Fl~rida.
princioaZ su^~ of • .Dollars($ 20,250.00-------~~ - ~
=,~;e~~er c,~ith interest thereon from da e, at the rate of per cent, per Annu.z
tiZ r_aturity, said interest being payable annually on the Z~th day of t•„~y - ~
tne sa~ze dav & nonth of each year; both principal and interes~ being payable in laWful o
~.~~.~f of the Gnited states or its e4uivalent, at Cherokee Products Cocapany, ~iaddoc~:, Georgia ~
p:inci~al s~n to be payable on the dates aad in the amounts specified beZoca, to-~ait: ~
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n,~ j`~. together t~rith interest on the u.-~paid- balance on .~3ay 27th, 1974, and ~
i'.-" su~ on tiav 27th, 1r75 and Mav 2Tth, 1975.
_:.ia obli~atio:~ ~ay be paid in *.~hole or in part at any tine w•ithout penalty. ~
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:.ach ~a~:er a.-~d endorser severally waives denand, protest and no~ice of u;aturity, non-paysect
-~_ot~st a:~d all requirecients n~cessary to hold each of the~ IiaS2e as naker a~d endorsers.
~.ach ~a::_r and endoxser further agrees, joiatly and several2y, to pay all costs of col-
.,~tioa, in~ludin~ a-reasonalbe attorney's fee in case the priacipal of this note or a:~y pay~s~nt
the_princinal or anq.iaterest thereaa is not ~aid aC the respective maturity thereof,.or in
_.:~e it beco-es riecessary ta protect t~e security h~reof, whether suit be-bro~;ht or no~.
This no~e ~"Deferred interest payraents shall bear interest at the rate of 7`-i: per ceat, -
ar.nus~ fro:~ maturitq unCil paid.
, Thzs note is securec~ by a nortgage of even date herecaith and is to be eonstrued ~
ereforced accore~ing to the laws of the State of Florida; upon default in the_pa;r.~ent of ~ -i: ~
;~-ncipal ane~/or interest due on any note secured by said~2[ortgaRe, aIl notes so s?cured and : j;
=--:ainyno ~:npaid shall forthc~ith become due & paya~le not~aithstandin~ their tener.
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~ f''~;tl:.'~ /7:`~--~~t~G•. BY: z~~~ C CSeaI) {
~ _ . , Lawrence R nthal, Presi ent
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~~17 ~ii58
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