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I~~r sunu~. lu}~~•t~u~r ~vll~~ I~~e IPneutenfs. ~u~?~~~~ifumr~ils u?u~ uppurl~• i
~o ~iaue and to ~told . ~
nnnrrs I~i~~rolu ~,~~~un~~in~~. ~uu~ I~~r rrnls, issu~~s ~~ni~ projils I~~en i?~. untu 1'u• morl~~ay~~. in f~v simp~e. i
I~ir ?nurl~~uqur ~•o~•~~nauls u~il~~ f~u~ morllt~ll~•~ t~~al I~~i• morff~n~~o~ is in~~Nr~asi~?~y seiz~•c~ uJ sait~ !
~a~u~ in ~~•r sim~?~~•: f~~al f~i~ niorl~~a~~or ~~as y~~o~~ ri~~~~l un~~ ~au~~u~ aut~iorify to i•uni>ey saic~ ~~n~{ as a~ore
.ai~l: Il~ul 11~~• murlr~u~~or u•i~l ma~~~ sui-li (urtli~~r ~issurunr~s to perfe~l 11~~ ~i~P simp~e til~~~ to sait~ ~and in Ihe i
mort~~a~~r~• as ma~• masu~~n~?~y ~?e mquir~c~: f~iat f~~i~ morlflaqar ~~ere~~y ~u~~y ivurranls t~~~ lil~p fo sai~~ ~antr ;
an~~ u~i~~ ~~i~j~~r~~ I~ie s~u~u~ a~~air~st f~i~ ~au~~u~ r~aims o~ p~~?sons ti~I~omsoei~er: anc~ I~~af sai~ ~aru~ is ~ree 'i
um~ ~~~~~ar u( u~~ i•n<'u?n~~ra~u~os ~ 4
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~rouided ~lways~ i~~ni ij snicl mort~a~tur s'~a~~ pay unlo sni~ n~ortgagee !{~e cerfain promis-
sorv not~• ~~Areiri~jl~~r cu~~sfantia~~y ropi~~~~ or i~~~nlijia~. fo u~if: i
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~or~ F~~s, :~~cr~la Oatober 1: 1y~~
for vstue rece~•.^us: 1, we, or e;~he: af ~s, promise :o pay w{!ls.~vt defekation, to ti~s arder of
Willism D. hlvt'g8n ~~f~yr in Fort Pierce, Flaride, s±ie wm of
with intarost hom date at tE~e ~ata o# ~.a.~ 96 ~er anrwn~, in month4y instaliments ss follows:
3~.OQ - a, ~ 18t ~y ~ N'ovember _197~ a tike:um o~e the oonespondFr~g
; day af each like suooeeding mo~th t~reafter fior a per'vd of moMtn. at which time d~s entire v+~?p~eid
! balence b~oomes dus and payabfe on demAnd.
` A late parmcrn charge a! S.Z,T$A--, shatl be added to eac.~± payr.?Pnt ~emaining unpaid 7 days after its
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~ dve dete and a liks wm sha}i be a~ded to eecfi such instalt:reM remaininS unpa~d 7 days after ead? succeed-
~ i^8 i~a~meM c!a'a. .
fach installment first shall be applied i~i the pa; ~t of the ~~•erest and then on the unpe id balanc,e
of the pti~xipal sum. if defattf! is made :r. *i~e payme~t o~ ?r.y insia.'~r.~n' ~vhen due, tl~en et tF~e op~t{on aE
the holder, a~;3 witF~out any ather ~otice, a!? the remaining insta;l~:ents s4~aii bs di~e and paVab~e at once.
P~ivilege is given to pay twa ar more instal:me~ts at any ~nstalimeni ~naruri:-~r date, but t!~is shal! not extend
tfie fime of maiurity of any subseque~t instsliment. Neither fosbe~ra~:ce, r.or accESp;arr_e by i;~e holder
~ hereof after arty default in any payms~t ~sreon, sha!! be cleemed exten:ion.
Eacfi meker, surety a~d endo•ser hereof, pintly and sever:lly, waives clEmand, p•ese~iment, p~oRest
~ a~d notice of proteat for nac:-payme+lt, and furt~er aqroes to any extensian of r~me of paynwr.t, eitfier befoce
or after matwity, vinthoui not+ce fo a~ry of vs; and ~e~a
y dll costs of oo3lecttort, indudinq a ressonaWt attor-
~eys fee in tfie event of any defau!t ~+e~eunder, and he~e~y seversiiy waivei a!1 bei?ef°rt af ~o~riestsad ar~d
~ exemption vnder tlie Constituticr~ anc! laws of eacir" State of the Un?ted Staies, as ~~+at? ffiis obltgatton or
~ arty ext~erKion of renewal hereof.
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WtTt~ifSS THE HAND AND SEAI OF EACH PART1l: /s/ Jerry N. LaYne (Seap
~ Jerry N. Layne
/s/ Patricia Layne ~
~ Patricia A. Layne ~
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~s ~VUR~iV ~~K~~~~ , '
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