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~i r~~e and to ~io[d f~~e snn~e, IOf/PI~IFr ivif~:'Ihe lenemenls, ~erec~ilaments an~r appurle-
~~ai+~-e~s l~iP~~b ~~~•~on~inry. an~~ IRm m~hr, issues an~~ projils fhPreoJ, unlo Ihe morfgages, in fee simp1e,
~'s~ (f~e murlflagur c•ovrnanls wil{~ ttie morf{~agee I~ai fhe mortgagor ts ~ndeJ~~~bly seizetj o~ aait~
i' I~n~l in Ji~e simpl~; Ihnt I?~e morlgagor has good rigl~t and lawful authority eo conver ,a~d Iw+d as ajore-
~j suic~: I~~t I~~e mort~a~or u~i~~ ma~te suc~ ~urf~er assuronces to perj~?ct fhe fee simpls ftlje to said Innd in (hs
ntorf~a{1~p as moy reasonably be requirecr; t~at f~e mor~gagor hereby /u~~y wnnnnts Ihe lifja? to aatd ~and
i~ anri u~i11 de~end tRe same against the Iaw/ul claims o~ al~ persoru wl~omsoever: and Ihat said Iand ts jree
and ~[pn~ o( a~I encum6nances except taxes aecruing subsequei~t to December 31,
1972.
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~ ~rouided ~lways~ t{~at i~ said mortgagor sI?aII puy unto said mo?lgagQe the cerfaen promit-
~I sory nole {~ereina~ter su6stanlially copie~ o~ identijied, to-urit_
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_•~~~i~ lN~+, fs~. ~hrcoN ht~ r MNIW I~M~M~~•IM~wr IKbM11 ~
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Mortgage Note.
s 2.7 , 54 8..40 . For~....P.3.n r.ce.~. F~«~d......IIe,~ember....11...._...............r9~.3 ~ ~
FOR VAIUE RiCEtVEO tM w~d.r4pnd proa~i~.: ~o p+y ro th. ord.r d
B. A. SUMMERLIN
tno pr~nt~p~l wm d....A.~[.Fw~~~.'~.S~i...~t~...~Q~?~..~~....~'.Z.~i....~~.~p~~....~'.Q~~.'~.~~.t~e.~7~~..-,-.-,--;-,-.--..'.".~.~.~.~Do11Ms
cwu anrwm fran......
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ro9~~nn «niA int~r~st tMrwn at Ih~.at~ d.......$~f....... P~r P~r G~.s~t,~..........
unnl ma1w~1Y, bWA pnncipal M?d int~r~q bw~p WY~ i~ l~w(vl Ma?~Y of tM iMit~d Sistu. weh Pn~aW! su~+ and intMrst WY1bb in ins1a11nMntt as lollows~
In five (5) equal annua~ installments of $5,509.60, plus interes~,
th~ first payment due on December 11, 1974, and each December llth ~
thereafter until paid in full. r
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Sucrr .n; .~~~me~r po~men~s snaii be appiied lirtt to Ihs iMer~s? aeau~ny under ih~ terms of this noto and Iiw~ Io a ~~duU~on ol Ihs pnnapa~ ~ndeblsdness.
ine rr~Aars anO ~nOOtse~s Of thit not~ funhe. ay~ee to wa~vs demand, no1K~ o( non-DSYmon1 and protest, and in ~h~ ~v~n1 awt shall b~ brouflht for the
~~.tu..~on ner,-ot, or ihe same nas to b~ colbcled upon demand o( an atlorney, lo paY ressonabls aNOra~y's fMS tw makm~ such coilect~on. Ali payrr~nls here-
! u~~cc- snat~ Ocar m~e~es~ a~ tne ralc of.....8~......psrcenl per annum /rpm ma/urity until pa~d. This note it sscur~d by a mortpaye of wsn Oat~ hsr~w~th ano ~s Io i
ce co~~s~rucd ano onto~ted attwdiny 1o fhs laws d 11~ Slal~ o( Fb~ids; upon d~(wff in th~ p~ym~M of p~incipal sedlor inf~nsi wMn dw, tlu whob sum ol `
~r,nc~pal anu ~Mr:eit ren?aininfl rnpa~a shall, at tM op~ion of th~ AoW~rs, wcoa» ~awn~d~stoty dw and psY+bb. FNIw~ to ~x~rei~ this oWan sha11 no1 tona~i~u~~
a wa~ver of t'rM t~pht to ~x~rGS~ IfM fanM m IM wMf d wbS~qwM d~(WIL ~
` R~y~. of pro,~ayment In whoN or In Datt y~anted without p~nslty / sitK tM »~.P«$r...
~ of sale. ~,x. .xx--
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` ~ardd~..~ .8.z.8...Bimini....Driye ...../..s.~.......Frederick H. Ritter ......................~s~~~~ a
FREDERICK H . RITTER, Trustee
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; For.t ...~'?~.e.7~G~.......~''~Q.X~.dd....~.~~#.~Q .......................................................................................................................!sF~~)
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~ o• such a~hx placs as shaH b~ _.....ISEAiI ~
t oes~ynatsd Qy ~h~ nold~r d ~his gO~K 22i PAGE ......~SEAII .,t
= nW~ ~n writ~np.
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