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~ ~'o ~iaue and to ~iotd the same, fo~~l~~~~ u~ilh t~?e Ien~>menfs, herecjifaments ana appterte-
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nances thereto ~ejonfling, ancr the renls, issues nncl pro~its tliereo~, te+~tu t~tie rnorlQapQQ, iq~e:~imp~e.
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~ nd tlee morlga~or ~oi~enants u~i1h Ih~ mort~n~~~~ fhat th~ mortc~nc~or is inde)easib~y seizecl of said
j ~an~~ iis JPP simp~e; f~~af the mortgago~ has gooc~ ~ig{~t anc~ ~nw~u~ qut{~ority to convey saic~ lantj as ajore-
~ sai~; tlio! the mortc~a~or wi~~ make sucf~ ~urfher nssurnnces fo per(ect t~~e ~ee simp~e lif~e fo saic~ ~anc~ in fhe
~ mortgngee as may rensonably be reyuire~; fhat fhe morfga~or I~ereF~y ju~~y u~urranfs f~~e lit~P to said ~anc~
ant~ wi~~ c~efenc~ t{~e sume against !{ie ~aw~u~ c~aims o( persons u+{~omsoever; anc~ f~iat said Iand is jree
ant~ c~ear o~ aII encum6rances
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~ ~rou~ded ~tways, Ihnt if saicl mortgagor sha~[ Pay unto saic~ mortgage~ !tie cert~in promis-
sory note hereinaJter substanfia~ly copiec~ or identifiec~, fo-wit:
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~ 24,OOU.UO _ - Fort Pierce, florida, January 29 ~q 74
For value received, 1, we o~ either of us, promise to pay, without defalcation, to the order of
Marbaret D~ Yerkes
at P.O.Box 203, Kin~ Salmon, Alaska gy61~
r~X, Florida, the sum of 7~renty Four Thousand DOLIARS
with interest from date at ihe rate of ~'1 °ro per annum, in 3 annual instaiments as follows,
S 8+a4~•~C on the - 2`~th day of January ,)q 75 and a like sum
on the corresponding da~ of each like succeeding period thereafter untit the whole be fulty paid.
Each instalment fint shall be appl~ed in payment of the interest and then on the unpaid balance of the principal sum. If defavlt is made ;l
;n tFie payment of any instatment when due, tir~n at the option of the holder, and without any other notice, all the remaining instalments
shall be due and payabte at once. Privilege is given to pay two or more instalments at any instalment maturity date, but this shall not ex-
tend the time of motu~ity of any subsequent ins!o!mant_ Neither fo:beararrce, nor acceptance by ttie holder hereof after any defauh in any
: paymen! hereon, shall be deemed extension. ~
Each maker, wrety and endorser hereof, jointly and severaily, wa~ves demand, presrntme~t, protest and notice of protest for non-pay-
ment, and further agrees to any exter.sion oi time of payment, either before or after maturity, without notice to any of us; and to pay all
costs of collection, incSuding a resonable aftorney's fee in tF~e event of any defautt hereunder, and hereby severaity waives afl benefit of
hornestead and exemption under the cocistitutan and taws of esch State of the United States, as against this obligafion or any extension
a< <enewal hereof.
~mess the hand and seal of each parry. •
~36.00 Doc~mentary Stamps affixed
to origindl nnd ccncelled.
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s/ Frank Ravmond T(SEAI)
President, Millard Corporation
-(SEAL)
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' O~x223 P,~~43
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