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~o }t~we and to ~lotd the sante. t~ether u~ith fhe tenemenfa, herecrituments an~I appu?te-
nancps l~~erefo ~e~o~igi?~c~, anc~ Ihe rents. iasues ane~ projifs t~~ereo(. unto t~is rno?fgagee. in ~ee simple.
~nd Ihe mo~fgagor coi~ena~ts u~ifh Ihe morlgagee that ihe morlgagor 1s inc~ejeaslb~y seizetl o( su1c1
I land in (ee simplr: thal fhe mo~~gagor has good righl and law~ul authorily to convey satd land w afore-
saic~: I~ut 1{~e mortflagor u~i« ma~e sucti jurfher assurances to per~ect t~e (ee aimp~e fit~e fo snid ~ancl in lhe
I morl~a~ee as may reasona6ly 6e ~equi~: that !he morlgagor hereby (ully wn?rants !he title to sald land
I and wiU dejend Ihe same aga~nst the law~ul claims o( oll pe~sons whomsoever and ti~nt sntd land is jree
ond ~lpar oJ afl encumhrances ERCEPT those tax~e accuring subsequent to December 31st,
1973.
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~ ~rouided ~ltways, fhat i~ saic~ mortgagor sha~~ ?xiy unfo snicl mortgayee the certain promis-
! sory nofe ~ereinajfer su6slantially copiet~ or ic~enfijiec~, fo-wit:
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S SO.OOO.Oa- - - - - - - - - ~ort Pisrc~. Florids. L~~ 19~
F0~ PLL06 ~CEIV6D tL~ aod~rsi~d pro~iau to pa~ to th~ ordar of 0?IS LBiRB and II.A
LEiIIS, hi~ ril~
tha psincipal a~ o~ FIF1'i ?HWISA~ AlID NO/100- - - - - - - - - - Dollars($5o_no0_eA- -
togstb~r ~ritb int~r~st thas~as fsaa d~t~, at tha sats ot gZ per ceat, Per
A~ -payabla
~ annnall~ unti.l ~atusit~; both piinc ~ int t b~ pa ablt ]~lul ot tL~
Unit~d Stat.~s os ita sqnivsl~nt, a .~u . ~aid
~ priacip~l sua to b~ pa~abl~ oa ths dat~a aad th~s aaunt~ i~d , to-~rit:
~ Papablt ia T~a (10) saccuai~s ~qnal annaal iaatalLmts ot $ 5.~ . plna intsrut
~u th~ uapaid baLnc~. Tisst parmt d~s Oa~ ?ur lsoa dat~ aad ~m~nnall~ tbarsatt~r, uatil
eaid pr3aaipal wa and iatorsst du~ tharean ar~ lall~ paid. ?h~ ~atars rases~r~ th~ risht to
psapa~ aais in Mhole or in part at aa~ tL~e, ~rittwnt panalt~.
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Bach sakss aad aadossas savarallj ~rai~ss d~ad, protut md notics ot satnritT, nan-
Pj7~t or protsst aad all r~quirwats ~csasary to bold ~ach o! the~ lisbls u~aker aad
eadoss~ss. ~
Bach asksr snd ~odorses fusther agteea, ~ointl~ and aavarall~, to pay ail tests of col-
laction. inclndia~ a r~asooabls attorna~'• ~N ia caa~ tla priacipal ot thi~ not~ or an~
parsut oo ths priacipal os ~ intarest tharevo is aot paid at the rsspeeti~e ~turit~ thareof,
~ or ia caa~ it b~cars asc~saas~ to prot~ct tha ascurit~ b~rsot. vhstLsr snit b~ brougbt or
not.
?hia nota i def~rr~d i~?t~rut pa~nts sball beu interest at ths tata ot ~x pes e.~at,
~ s~i-aanuall~ fsoa ~atntity mtil paid.
~ ?6is nots is s~curad b~ a~ ~ortgag~ ot ~nr~a dste bereaith and le to be con-
~ ~trusd and ~orc~d ucording to th~ law ot the Stat~ oi llorida; it detanlt shall be ~+ada
ia tlu pa~nt o! the tu~n ot saae~ os aup patt ot the~ as pro~rided tn- this note, or if tha
intsrsst tbat wa~ beeow~a due or an~ part o! that interast ~hall be behiad or mpaid, th~a it
shall bs optiaul ~rith pa~a to d~ad th~ rhols ot tha principal e~ eacpreased in thia
note. nith intdrest. a• is~diatel~ dna aad pa~able aad eollectible. rithont notice to
z saker t~ beire, p~r~anal sepre~eatatives. snces~ors or assigne, aad aay lailuze to e~c-
ercisa ths optiaa shall not c.onstitnta a vai~~r oi the ri~ht to ~cescise it at aa~ ott~sr tla~a.
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~ ~ ~ t~/ oac~?t ~o~tso~e (Ssal)
225 QA~~ ~ 99 0~ z. J~~~, ~.t.. ,
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