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~o ~iaue and to ~iotd t{~e same, fogeiher with fhe fenemenls, fierec~ilnmenfa un~( appurfe
n~nces-lberefo E?~~on~ing, anc~ !hP rnnfs, issues antr profifs thereof, unto t{~e~ mortgagee, in ~ee simple. .
~ ~nd t{~r-mortgagor co~~enanls wilh the mortgagee lhat tl~e morlgagor is indejeasi6ly seized oj said
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j~ land in 'PP simplP: that the mortgagor has good ~ighl and lnwJul authority to conveq ~a~d l~~d as a)ore-
I~ sai~: t{~at I~ie morfflaflor wi~~ make suc~ ~urther assurnnces fo perfPCf t{~e fee simp~e tif~e to snid ~and in fhe
I~ morf~a{~ee ~s may reasona6ly be required: lhat ~?ie mortgagor {~ere6y Jully warranls the title !o snid land
anc[ u~ill deJpnd the same against the law(ul claims dj al~ pe~sons whomaoever; and tltat said ~n~ is )?ee
' and cl~ar of al! encumbrances
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~ ~rou~ded ~tways, f~at i~ said mo?tgagor ahall pay unto said mortgngee t{~e certain promis-
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~ sory note hereina(ter su6stantinlly copied or identi)ied, to-wit:
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= S 1,,ZLU_U(i Fort Pierce, Florida, ~~nuar~_19.1~
• For value received, 1, we or either of us, promise to pay, without defaication, to the order of
~ Albert W. Lea~er and Eleanor Lea~er (a/k/a Bettv E. Lea~er~_
at in Fort
~ Pierce,,Florida, the sum of ~ 7~elVe Hund1'ed " DOLLARS
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~ vrith. interes~f from dats at the rate of n~ °6 per annum,
E 5 vears after date
a , 19 and a like sum
~ on the corresponding day of e~ch like succeeding period thereafter until the whole be fully paid.
Each instalment fint shall be applied in payment of the interest and then on the unpaid balance of the principal sum. If default is made
~ ~n the payment of any instalment when due, then at the option of the hotder, and without any other notice, all the remaining instalments
~ shall be due and payable at once. Privilege is given lo pay Mro or mwe instalments at any insta{ment maturity date, buf this shsll not ex-
~ tend the time of maturi?y of ony subsequenf ins!alment. Neither forbearance, rwr acceptante by the holder hereof after any default in aoy
g payment hereon, sFwll be deemed eztension.
~ Each maker, surety arxl endwser hereof, jointly and severally, wa~ves demand, presentment, protest and notice of protest for norrpay-
` ment, and further agrees to any extension of time of payment, either before or aher maturity, without notice to any of us; and to pay all
f costs of colleEtion, inciuding a reso~able attorney's fee in the event of any defau~t hereunder, and hereby severally waives all bene~it of
~ homestead and exemption under the constitution and laws of each State of the United States, as against this obtigation or any extens;on
~ or renewal hereof.
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~ Witness the hand and seal of each parry_ .
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~ s/David E. Leager _~5~~~ ~
~ ~avi . ac,-~r 4
~ s/Nancy A. Le age r _~5~~~ y
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ancy . a~;er
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