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I IiAVt A!~{l ~W~~ I~e same, foget~er wlth fhe tenemenb, ~~editam~nlr anc~ a urte-
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nancea thereto 6elonging, anc~ !he renls, ttsues ant~ pro(i1s therso~, unto !he tno?tgagee, i~ ~ee sJMp~e.
~i1Ni fhe morlgngor covenanls wlfti t~e morfeagee !/~at t~e mortgapo~ ii inda~ewi6~y seized o( iatd
Iand in jee simple: that the mo~tgagor has good ~igRt and [nw/uI nuthority to conuey ~a~d [a,ad w a/oro-
sntd; Ihaf the mortgagor wtj~ make auc~ (uM~er assw~aneea Io per~rN the ~ee itmple ttll~ to ruid Iand in fhe
mortgagee as may ~ona6ly be requirec~; lhat fhe rnortgagor hereby /uuy wor?anb tht ftlje to sai~ ~and
and wtll de%~d the same against the IawJul clatma oj all penons wl~o?nsoeuer; ~d ekae ,atd tand u J.w ~
and clear o/ a!I encumbronces except those taxes accruing subsequent to ~December 31,
1972. ~
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V~ T1LW~s~ thnt i~ said moHgago~ ahuu pny unto said nwrlgages t/~e certuin promta-
sory note {~ereina(ter su~?stantin~~y copied or ic~enti~tsd, to-u~tt:
c,,~aa_Sn ~ Fort Pierce, r^]oricia, 3}~ 197~
F(l~ ?,"F. ~T:CEI1'ED the undersi~ nec~ ~ror~ises to pa}• to the order of G. ALE£E'.T RLA~~I3;'QRTIi
c. C. ~P"ES: .°.L~O~:'OF~T~I, AS Trustees under Trust r~greertent dated July 23, 1957, recorded in
:h~ed Eoo!: 23~ at page 4S0 of tEie Public Records of St. Lucie Ca~inty, FZorida.
ti~~~ princi~al su~ of~~R T ~r~S ~n_•~q~F Hcr.roRFn £2 IiTY SEVEN AND 50/~~-ars($ 4,3A7_Sn )
~o`;etiter ~;it1 izlterest thereon from. date, at the rate of 7 ~l~ per cent, per Ar.nu.-~
~_~:~til ~aturity, said interest being payable annually on the jSrh day of AI,Q„Sr
:~r:ct ttie sane day & nonth of each year; both principal and interest being payable in lawful
-~~ney of the L'nited states .or its equivalent, at Cherokee Products Cor~panv, 1!addock, Geor~ia `
:;aid principal su~a to be payable on the dates and in the a~ounts specified be1oH, to-c~it: ~
> 1,462.50 together i•rith interest on the unpaid balance on Auqust 15, ~1974, and
a like sun on Auc~ust 15, 1975 and August 2S, 1976.
i:~is obli~ation may b~ paid in ~•~hoZe or in part at an}• tire ~ithout penalty.
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Each r..aker an~l enc!orser severally ~~~aives ~enand, protest and notice of r.;aturfty, non-payr~en :
~ protest aad all renuirements necessary to hold eac~ of t4er: Iiable as raaker and endorsers. i
~ach ~a:=Pr anc~ endorser furt?;er agrees, jointly and severally, to pay all costs of col-
iection, in~ludin~ a reasonalbe attorney's fee in case tlie principal of this noCe or any payr~ent
on the princioal or any interest t'nereon is not paid at the respective maturity tfiereof, or in E~
se it becar~es necessary to protect t;~e security hereoE, ~-rhett~er suit be broug~t or not. ~
This note ~ Deferred interest nayments shall bear interest at the rate of 7~,: per cent,
per annu+~ fron ~aturity until paid. ~
This note is secured by a nortRaRe of even date herewith and is to be construed j
~~,u enforced accordinR to the laws of the State of Florida; upon default in the pa}•nent of ~
~~rincipal and/or interest due on any note secured by Sai~ :[ortoa~e, all notes so secure~ and ~
r~^ainin~ ur.Paid shall forth~-~ith heco:ne due b payable notcritnstanc~inp, their tener. i~
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800K ~~S PACE t~69
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