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!~~o ~iaue and to ~lotd l~~e same, fogef~e~ wilh f~e fenemenfs. ~erecjitaments and appiule-
~ nanc-e~s I~~preto ~~P~unninf~. an~ f~~e ~e~ls, issues and pro~ils the?eof. unio Ihe morfgages. ~n'fes simple.
!!~e morfgagor MVP/IQf1~S with the mortgagne t1~Qt Ihe morlgagor is Inde)easi6ly seized o~ said
; [a~id in f
Pe simp(~: that ~l~P mortgagor {eas go«l ~ight and Iawf uI auiho?ity io conaRy ~aid land as af
ore-
saic~; fhat fl~e litorf{~aclor u~i11 make suc{~ ~urther ussurances to per~PC! ttie fee simp~e tif~e b saic~ ~and in the
ntnrtf~oftep as mny reasonably be reguired: Ihat Ihe mortgagor i?ere6y ~u~ly wa~anls Ihe litle lo sai~ ~and
and ~rill dpf~nd ~I~e same a~~ainst fhe IawJul claims o( al~ persons whomsoever, und that said land is jree
~?a~l ~1~~~~ oJ encumhrances Except taxes accruing subsequent to December 31, 1972.
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~rou~ded ~ltways, that i/ said mortgagor shnll pay unlo said mortgngee the ce?tnin promis-
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~ sory note hereina(ter subitnntia~~y copied or identi~ied, to-wit:
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s_ 5,.000._ 00---•_ Fort Pierce. Florida.----.----- A u~ust ---•-20----...----. ~q--73- ~
As hereinafter epecified afrer date, 1, we o~ either of us promise to pay to the order of
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..__Walter_J.__Barlowe, Jr. and Patricia G. Bai•lowe, his wife
Five Thousand and no/ 100 - - - - - - - - - - - - $5, 000. 00) - . ppuqRs
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for value received, payable at_. .CarrlBge.HOt18@ LBne 1271-B
_.___Gaetonia,_ North_Carolina_ 28052 ith interesr
- ~ ----------P p .............ap ~-p~rtn~t
Date 8 • - anually
frofr________________________________at the rate of_._______.._.___ r cent er annum until a~d; mterest a able.__.______.____._._..___.._...._
And each of us whether m~ker, gwrantor o? endwse~, hereby sevenlty waives snd renow?ces sny and aN ho~rrcstead exemption righri we
msy have under rhe Constirution w laws of the Sfate of Florid~, or any other St~te w United Stafes, as sgairot this rate; and each fwthe~ waives
demsnd, norice of noo-payment and prorest, and in ~vem it becanes necessary to oolkct this r~t through ~n attorney, agrees to pay ali oosts
`d~""°", `"`'"d'"9 `°"°"'~"dg~'~°'~Ch~tbedprepaid wttnout penalty :
If d~fauft e msde i~ arry p+Ymsnt when ue, thsn at_the opt~on of the i?older, and wishout aoy othar notice, all the remaining balsnae ~
shall be due and payible st once. ~
Thts note is payable in three annual insta22mente oi ~1, 666. 66 plas interest at t
8°Jo per annum. The first installment plus inte~•est fs due on August 20, 1974. ;
The second installment plue intereat oa unpafd balance i~ due August 20, 1975.
The final installment te due on August 20, 1976 plus intereet on the uapaid balance. `
' The terms of this note may be accelerated at the optfon of the holde~•s, tnei~•
i successore or asetgns, in the event the home located In Savaaah, Geo~•gia •
' presently owned by the makere of ttiis note is- sold by them. The makers lierein
are to use reaeoaable diligence to secure a purchaser fo2• sald home.
Documentary Stamps in the amount of
$7. 50 affixed to original note and candelled
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l171N IJI - ~71J/!!/C A ~r!
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