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~o ~iAUC and to ~otd f~~p same, h~y~•t{~.~r u+ith fhe IPn~~m~~nis. here<~itwments an~~ upptufe
nanr.~s IherPto f?p~un~ing, a?u~ Ihe renfs, issues a~~d pro~ils 1{tereo~, untu f~~e mo?f{~agee, in ~ee simp~e.
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71n~ fhe mort4~a~or covenanis with ihe mortgc~y~~e !{~at !he morl~ngor is in~e~easiE~~y seizec~ oJ sai~~
~ lanrl in fee simple: t{~at the mortgagor I~as gooc~ right and Iau~ful uulhorily to convey saic~ ~and as afore
~I sai~I: thal Il~e morf~~agor u~il~ make such ~urfher assurances !o perfect Ihe ~ee simple tit~e to sai~~ Iand in the
~ morlgagee as may reasona6ly he reyuirec~: !ha! fhe mortgaflur {ieretiy ju~~y wa?ranls I~e fil~e lo saic~ ~an~
( and u~ill de~jend th~ same againsf Ihe ~nw~u~ clairru o( all persons wl~omsoever; nnd thnt sa~cr land is f?ee
~ anc~ clear o~ aIl en'c~imbrances exCept those taxes accuring subsequent to December 31st,
; 1973.
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~rouidtd ~tways, fhat i~ said mortgagor shall pay unto snic~ mortgagee the certain promis-
~ sory nole hereina~ier substantia~~y copiec~ or ic~enti~iec~, to-u~it:
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Fort Yiarce, ' .
.S_40i000.00__ Florida------Peb=ual~-$th-2---------. 197_4_;-
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y~?s _hereinafter_ apecified. _ - ahe~ da~e, 1, we or either of us promise to pay M the order o~•
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K~iEe_~I.t.BN_ aad.2~BS~ls_AI.I.B~, bia vifa - - -
; FOH?Y TIiOiJSAtiI) AIID NO/ 100- - - - - - - - - - - - - - - - - - _ - - - - - - - _'60~Wt5
j for value received, paYable at. ?EII_ CQOT~~a_.lRqg._~_ _ FL.._Pieree:_---Fl~rida--- 33450---_,---
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- - - - - with interest
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; PrineiPal ~ '
~ from i~Ci- _ .__at the rate of-__._~__ per cent per annum until paid~interest payable ~s~llo
~ And each of us whefher maker, guaranta w endorser, hereby severaliy waives and ren~unces any and atl Iwrt~estesd exemption rights we may
~ h.ive under the Corutitutron a Laws of the State of Ftorida, u sny other State or Unitcd States, ffi ags~nst this rote; and each further wsives demand,
~ notice of nor?-paymeM and protest, and in tlx event it becanes necessary to collect this note through an attorney, agrees to psy all cosfs of collection,
includ~ng reasonable attaney's fee.
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~ Prineipal plua intereat on the napai~d balaaca pa~abls in ZQa (10) aqnal ananal
3 instail~ata of $4,000.00 each plus intetest. First payment co~~eacias Masc6 8Lh,
~ 1975 aad aaannall~ tbereaft~r, aatil said priacipal s~a snd interat dne tharaan,
" ue fu21p pii,d. ?he ~aksrs reserv~ tbe right to prepa~ sa~e ta rL~o1e or in part
~ at au~ tire,_vithont panalt~.
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r h'EY FtF.ALTR AND DEVfii.OPME1~lT, INC. SEn~
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Julian Dmora,--Presideat
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