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~o ~iaue and to ~iotd I~~e san~e, fuget~u~? ivil{: fhe ~fene~nenls. I~erec~itaenenls an~ apputle-
eianri~s 1~~rrnto ~~~~~~~uyin~. an~I ?I~~ rrnfs. issu~s aiu~ projils I~iereo~. unfo Ihe mo?tgagee. in jne simp~p.
~I Il~e mortf~a~ur coi~enanls wilh the mortf~aaeo lhat the mortgagor is indeJeasi6ly seized o~ said
ij 1~u~d in ~re simple: lhat !he mo?tga9o~ has goad right and lawjul autho~tly to convey snid laid as ajoro-
sai~~; Ihat I~~e morff~agor ~vi« make such (urt~~e~ assumnces !o pe~pct ttie Jee simpls title to said iand in the
~t morf{~agoe as may reasonah~y tie ?i+quire~~: l~at the mortgagor ~e~eby Ju~~y warranb ftie lil~e fo soid ~and
I~ an~i ivill de(nncl II~e same againsl fl~e lawful claims oJ all penons wl~o?nsoever, and tkat aaid Iand is free
iI and clear oJ all encum6rances
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~(~QV~~ ~UWAys~ l~at if saic~ mortgagor shall puy u~to said morfgagee the cerlain promis-
sory note hereinajter su~stantia~~y copie~ or idenliJiec~, to-u~if: ~
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139, 000. 00 Fort--~Aias~--..-.
s _ . cb.~ . Dac.embar....28.. ~s _ T3
~ FOR VAUJE RKEIVED ths undersi~rnd promise3 ro pay to ihe ads~ d
xoX~n x. Duxx
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p~„~;~~ ---.-One---Hundred._.Thirty_-n~~~...'~I~4~4~c~_..~Ad...QQ/1Q.Q._ oo~~a~s ~s 139,000.00 _
~opether wifh iM~rest fbereon iran date, a1 Ihe rate dE.~B?htc. ~J71_~...._..»...........P~ cenf, Par. __aD1111a1.... .....uNdi matwity, sa~d interesl
~~9 ~Y~......~tu~tlly.. ....28th .aaY or _ Det~abe.r-...197.4 a~?a... .thereafter
each year; bolh p?incipal and inleresf being payabk in lawiul money of Ihe United Slates or ils equ~vaienl, a+ sueh place _
as the Holder shall designate -
_ ..•----.........._..........said principal sum ro be PaYable on tbe dates and in the amouMs spec~Led below. to-wit:
Ten (10) equal annual consecutive paynents of Thirteen Thousand Nins Hwndred
! and 00/100 Dollars (=13,900.00) each, Mitb the first such payment due
Dacember 28, 1974. ~
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~ _ No Penalty for Prepay~sent.
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In the event of default, the maker of this Note shall not be personally
~ - liable and the Holder shall look ~olely to the laad sscur~d by the purchase
moaey mortgage of even date herewith.
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= Each maker and eedorser seve~ally waives demand, protesl and nolice of ma furify, non-paymeM w potest and all reQuirements necessa.y to hold each ol
E them I~able as ma~ers and endorsers.
- Each maler and end«ser lurther agrees, joiMly and severatly, to pay all custs of colledion, including a reasonable attorney's fce in case Ihe pnnupa~ of
- rh~s note or a~y pav~~t on the princ~~al or any ~merest thereon is not pa~d at ~he resped~ve matur~ty Ihereof, or ~n case becomes necessary to proted +he
security hereof, whethe~ suit be brought o? no1
per annum hom maturif pa~
This note and deferred inte~li~tnts shall bear interest a~ ~he ?a1e o!_ e~~h~. . per ceni, Y esrh! ~d. ~
A YY~ This note is secured by a mortgage ot even dale Iwrew+th an~ is Io be consfrued and enlorced accord~~g te ~he laws of ~he $tate o~ F~n~~d.~j
^epffh default in Ihe Dayment o( principal andlor interesf due on any note secured by sa~~ hlortgage all noles so secured and rema~ning unpaid shall forrhr..j!~
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ome duP and payable nofwilhs?and~ng fheir lenor ~
~ T~rty Days Aftar /s/ 0. K. JOHNSON, Trustee ,;,~d!•
~ , _ . . . . . 0. Y~. ~ JOHNSON; TYUStee
> _ _ ~s~ar.
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~ 0 R1( 22~ PAGE ~J11
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