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~ me fo ether u~ith fhe lenements, herec~ilamenfs anc~ appu?te-
, ~o ~aue and to ~iold ~hp =a . ~
~ nances therefo be~unging, ancr fhe ?enls, issues and projils fhe~eo~. unfo fhe mortgagee, +n ~ee simp~e.
~nd the mortgagor covenants with tl?e mortgagee that tfae morlgagor is inde(easi6ly seized oJ said
+ ~and in jee simple: that the morlgagor hns gootl right and lawf ul authorily to convey snic~ ~and as a~ore-
~ saic~: thaf t{~e mortgngor u~i~~ ma~e sucti ~urther assurances to per`ect the ~ee simpje til~e fo snic~ ~and in t~e
morlgagee as may reasona6ly be rcquirec~: fhnf the morlgagur l~ere6y ~u~~y wnnants the fit~e to saicl Iand
and will dejene~ tf~e same agni?ul tl?e ~aw~ul clairru o( all persons whornsoever; and that said lanc~ is jree
and clear o~ aII encum6rances EJCCEPT those taxee accurinR subeequent ~ to December 31at,
1972.
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~ ~t~ouuled ~lways, ihat iJ snid mortgagor s~a~~ pay unto saic~ mortgagee the certnin promis-
I sory note h¢~eina(ter su6stantially copiec~ or iaenti(iecl, to-u,il:
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Port Pierc~,
s_ 6~~~~~~._ V~Fbrida.--- --~CR1CObe! ZIId ~ 197- - 3-
A.e h!L'eirisftY! YpeClflld___ after date, 1, we or either of us promise to pay to the order ot
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CECIL S. PRBSOOZT aud VERNICB PRESOOTr. his »if~. and ROBBR? J. SC~.ICRT'ER and
---~-,56'~blb`H~'f~R; his -vf#~--- - - - - -
; SIXlT-dIVS _180USA1~D_!1I'iD FODR_H[tNDRED AND_ FIF1'EEN__AND .NO[100 . _
~ - - - - - - - - - - LIARS
! for value received, payable at____ p-__0. _ Box_ 3205,_ Fort_ Pierce, _ Florida 33450
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: - - - - with interest
~ pr ncipal 6
:
~ from_____~t~___.__-____at the rate of-__.8~i _ per cent per annum until paid; ~nterest payable _-__________--_-__Z_--____
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~ And each of us whether maker, guarantor w endorser, h¢reby severatly waives and renounces any and all homestead exempfion rights we may
= have nder the Corutifution w Laxs of the State of Flonda, or arry other State or United States, az agairut this note; and each further waives demand,
# notic of rwn-paymmf and profest, and in the event it becortws necessary to collect this nate through an ettwney, agrees to pay all costs of colfection,
~ inct ng reasonable attorne~/s fee.
Payable !n M~e (S) eqnal annnal iastall~enta of $12,283.00 each, plw interut an
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~ the m~paid balaacs. firot pay~ent eoseaciug on~ ~raar tras date and umnally ther~-
~ aft~r ~tatil said priacipal snw and iatereat dne thereon. are fnll~ paid. Tfie ~a~ers
~ reservt the right to prapay saa iu vhola ar in part ar aay time,irithout ptnslt~.
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: = Ut1I'TED PAR'1'~1ERS, II1. INC.
- - SEAL
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~ : /s/ John R. Raa
No. - - - SEAL
`T ~
Jolm R. Rea, President
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ec~ox Par_.f
= ° R 220 ~.6~5
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