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~0 ~ W Itis ram~. togethK wlth !k~ t~n~n~enla. Iw~wlitom~nb and appurto-
nnnces thsreto belo~ging, and t~e re~b. issusi artd pro(ita th~of. anto fhe rnortgag». in ~k •1n?p~.'
1U~{l the ?nortgagor couenanb wit1~ t~e ntortgagee t~at t~ nartgapor ia inc~~/.a,i6iy i~tzed o~ aald
1a~d in ~ee stmp~e: t1~at the mortgagor ~w eooc~ ?tg1~t aru~ ~aw~u~ nutho~ify fo conwp ioic~ jn?~c[ o~ o~on-
sotd: thot the mortgngo~ w[II mn~a auc1~ (urlh~r assuroncea to psr/ect the jN atrnpb tttb to ratal Iand tn eh~
mortgagea w may remonably b~ ?equi?ed; that ti~ mortgapor h..,.by JuUy wa+++onb th~ titb to satd land
und will de%nd d?e same apdnst the IawJul clainu oJ nll porso~u ivl~wnsosuer; nnd tlat ~dd lond ta /ra
and clear oj a1l encune6r~ces
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?111V~S, tiine t/ :aid ,noregagor .halt pay wito said moreguge. tlie ce~entn promii-
sory note ~eroina(ter sub.e~tial[y eopZed or i~]e~ti~iea~. to-wit:
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~OGYJ. vv '
. VERO BEACH. FLORIDA ~~b~Ctd~X-~~---------. 197_.4._ ;
As _hereinafter Set _fOrth after date, I, we or either of us promise to pay to the order
_ JOS~PIi L_ SLAY A,~1D ~~3. SLAY~_his_wife :
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*NINr. TkIOUSAitD AN~D [ZO/100--------------------
DOLIARS :
for value received, PaYable at with interest
.~J__~_~___._____._~_-.~___~`____..______'____~____. ~
from _2-~-~4__ at the rafe of _ per cent per annum until paid; interest payable mOnthl~_____ ~
And each of us wt»ther malcK, qwrantor or endorkr, ix~by aeveralty w~ivss and r«+o~maes arry ~+d afi Aomastesd ~xemption rights we may ~
Mw +xder the Constlfufion a taws of tFw State of florida, a any other Stst~, or Unit~d Sat~s p ay~insf tF?is na~: u~d ead~ funher wa'n~s d~mand, #
nofice of rq~p~yment and Prorest. and in ewnt it becomes necessary to ootkd thb non throuph sn mornsy. +0?NS to p~y all oosn of oollaction. `
Indudirg nsaooabt~ attornn/s fes. }
tf defavit is m~d~ M payment whm dw, tbsrt tt ths optlon of the hoWtr, and wlthovl any otlwr notio~, di ths ram~ininy balano~ ~hall be
dus and psysbl~ ~t once.
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Payable in ~ontt:ly ~nsral~:nents ol ~111.~9 includin~ interest, on Cne =
'i'hirteenth day of each raonth beginning :Sarch 13, 1974 and continuin~
until the ~rincipal 3ru interest are fu11y paici, eacY~ pay~ent bein~;
first applied to interest and the~balance to principal. The i-iaker
way pay any part or all of the un~aid ~rinci~al at any ti~ae beEore
~sse without pa,~ment oz prer.~ium Cherefor.
I,: an~ paycaent is not tuade iaiti2in thirty days after it is due, ~ the ~
entire unpaid principal s:~all becone due cJithout notice at tiie opCion
of the holder, anci failure to exercise that option sr.all not waive
the ~;~1~ to exercise it in event of a subsequeiit default.
'Rober~ Z:- i~peleiii s~?~
No. Due--------------------
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