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~o ~tave and to ~old ll~e same, toypthe~ wilh ~he tenements, hernditamen~s end appeutp- ~
~j /IA11CP5 IherPlo ~~~~on~~in,ry, onrl fl~p renls, issues umI pro~ifs (~~ereo~, unto i~~e mortgagee, tn fee simple.
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IhP mortga~or conenants with the mortya~ee lhat tl~e mortqaeor is lndejeasi6ly seized oj said
t~ land in /ee sinipl~: tl~at tl~e rreorlQagor leQa good righi a?id law/ul aut~o~ity to convey said land as a/oro-
~I s~i~; f~+a! t~~e n~ort~af~or u~i~~ ma~re such ~urther assurancea to perJPC! ftie ea sim ~e litje to said ~ant~ in fhe ~
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mortg',~PP as m~y reasonably 6e requirec~; that Il~e mortgagor here6y (ul~y warronls the fi11p to sai~ ~and
! an~r ioill. deJend Ihe same againsl t{ie ~au~Jul clQims o( a~~ pr?soru whomsoever: and tkat said [anc( ia jree ;
ancl clear o~ a1l pI1ClIR16~UI1CPS ~
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~ ~rouided ~lways, thaf i~ saic~ ?r+ortgagor sha~~ pay unlo sais~ mortgagee t~e certnin promis-
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~ sory nofe hereina~ler Subsrane~al[y copied or ic~enti~iecl, to-wit: _
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~_24,000.00 Fort Pierce, Florida November 14 Ig73
FOR VALUE RECEIVED~ the underaigned, jointly and severally. promise to pay to the
order of FIRST ~ATZONAL HANK OF ~'ORT PIB~RC$
P. O. Hoz 970 at Fort Pitrc~, Florida 334S0
the principal sura of ~~~F~ ~~D ~id AO~100- • DOLLARS, with
. intereat at the rate of ~n~ per cent per annum from ~~~r 26 ~ 1973until ~
paid. in inatallments as follows: ~
Intereet to be paid in qwrterly in~tallmeat~, coa~nencing February }
26, 1974, and oa tha 26th da of M~y, Auguat, ~av~r ~ach y~ar '
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ther~ftar vatil ttu full p ncipal a~oouat is paid in fnll. ~
Principal paym~nts ~hali b~ in sis squal pa t~ o! $4 000.00 Ncb, #
payabl~ y~arly comcracing an th~ 26tb day o~ave~r, i974. ~
A l,at~ psymont charg~ not ezca~diag Sx o! th~ d~linqueat int~r~~t ~
and/or prin~cipal psyme~t ~hall b~ add~d to ~ach,~paymsnt r~aiai~g
unpaid five daya agter iti du~ dst~, and a li.k~ ~uv ~~11 ba added
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~palymeat r~maining unpaid fiv~ daya after Mch ~ucc~sd• ~
?h~ m~1ceY .r~~~~cv~a th~ _ ri t o! Pr~paymee~ at aay tim~ ~rithout '
p~nalty, in Mhol~ ar i.n p~C. ~
; If any installment be not promptly paid within ~ days next after the same be- ~
` comea due~ then, at the option of the holder hereof, the fuil amount remaining due upon :
; this note ahall thereupon become due and payabte at once, together with all other indebt- ~
edness stipulated in this note and in the mortgage given to secure Lhe same. `
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f The makera and endorsers of this note furtr er agree to waive notice of non-payment.
~ protest and demand for payment. and in case suit shall be brought for the collection
hereof or the same shall be collected upon demand of an attorney, to pay all expenses
of such collection~ including a reasonable attorney's fee thereon.
State docwmentary stamps in the
amount of $36.00 attached=to /s/ W. R. McCAIN
original note and canceled. (SEAL)
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1. Proceeds 24,000.00
2. Mortgagee Title Insurance _ (SEAL)
$203 & Recording costs $92.00 295.00 '
3. Amount Financed 24,000.00
4. Finance Charge 7,560.00 (SEAL) -
5. Total of Payments............ 31,560.00
6. Percentage Rate 9%
~ ° `~'~U 1 r,~~ (SEAL) _
B~CK P,'~Gt ;
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