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j ~o ~iauf and to ~told I~~r .urnr. tuy~•l~~~v wU~~ 1~~~• (rni•nu•~~h j~wril~lurn~•nls on~~ u~~p~ufr
~ ~~aurrs t'~i•n•lo ~i~~~un~~ing. an~~ I~~r n•nl.. i:su~•s un~~ pro~if. fl~i•?vuEq unfo murtqaye~~. in ~rN sirnp~~~.
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~1~~ f'ii~ murfgu~~or i-ui~rntu~is toil~~ Ihe morfqnf~ee 1~ud fhe mort~a~~~~r is in~~r~~si~?~y s~•~zi~~~ o~ snic~
lanrl in fee simpl~: ~h~~ ~he n~orln~~or {ias ~aod ~igl~l and Iawlul aulRorily Iu cum~Py s~i~l lund as ajore-
saic~: f~at 1{ir murtga~~or ioi~~ make such ~urfher ossurances to perjecf Itie jee simp~e fil~e to sai~ ~an~ in ttie
mo?Iyogee as may reasonably be reyuired: tl~al the mortgagor Itereby (ully u~arrants Il~e title to saitl lnnd
ane~ u~il~ t/e)encl tf~e snme against tF~e lawfu~ c~nima a~ a~~ person~ whomsoever: and tl~at iaicl Iand is Jree
and clear o/ all encum6rancea exCept taXes aeeruing subsequent to
December 31, 1972.
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ways~ lhat ij saic~ mortgagor aha~~ pay unto snic~ mortgagee f~?e certain pmmis-
sory notc~ AerefnnJter subslnnfial~y copiet~ or ldentifietl, fo-wit:
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STATE DOCUMENTARY STAMPS IN THE SUM OF $9.45 have been affixed `
to the original note and cancelled ~
PftOMISSOKY NOTE
xo ; 6,26~
CO~i~tERC1AL BANh OF VERO BEACH
VERO BEACH, FLORIDA
~ ~ ~-r, ~ c _/c, ~ •
_ ~ $Arttte~ber 19~
For value received. the undersigned (and if more than one. each oi them jointly and aeverally), promise to pay to the
~ otder of COVMERCIAL BANK OF VERO BEACH. Ycro Bearh. FlorKia, the wm of e~= Th~L~n~n~ '1'L~ AundrPd S{~~
~
~ OIIe Blld ~0~~ 00 DOLLARS (TOTAL OF PAYMENTS). payable in Ei0 monthly instalments
' oi ~ ~ each, on the 30 day of each auccessive month comraencing on 15 ,1974 ,
~
~ 19~, toBether with s BALLOON PAYMENT in the amount oi ~ N~S dne on 19--.
~ together with coats of collection, including attorneqs' fees equal to 10~0 of the principal aum or auch larger amounta aa
~
~ may be reasonable and just if coilected by legal proceedings or through an sttorney at law.
~ The undersigned promises to pay late charges not to exceed 6% oi~ the amount of any principal payment
~ or payments in defaulk All payments made hereunder shall be credited first to interest and lawful charges then accrued
~ and the remainder to principal. The smonnt of thia note includea the proceeda oi ~5~~0•~ , credit life insurance
~ preminm o! ; plus other cbarges (Describe) ~'3. 1~OCt]~IIt.8I9
S~8 of ~ 9. 5
~
~ (reanlting in an AMOUNT FINANCED of = 5~9•~ ) plna a FINANCE CBARGE of ; 1252.1 K
~ ~ 252 • ~ 5 snd credit investi ation cost of = N~ ) reaulting
(which amount includea intereat of = . 8
~ in an ANNUAL PERCB„~ITAGE RAT$ of ~e underaigaed has the right to prepay this loan in full and
~ obttin s refund of the unearned portion of the finsnce charge computed under the "Sum of the Digits" method.
~ CREDIT LIFE IN3URANCE I3 VOLZTNTARY AND NOT REQUIRED FOR CREDIT. Such insurance coverage is
available at a cost of = for the term of the credit.
Credit Life Insurance ia desired on the life of
-~2
E~
<n.ce) ~t~~al
.~xy
i Date) 1 Iasured)
"'~f~' In Lhe event anq inatalment of principal is not paid when it becomes due, the entire amount of this note. less the
= amount of any rebates required by law~ shall become due and payable at the election of the holder.
Presentment, notice of dishonor and notice of non-payment are herebq waived by each maker, endorser and other
- party to this note, and each of them do hereby waive the right to be sued after default in the oounty of their residence.
The undersigned acknowledgea receipt of a completed copp of this note on the above date.
r=~r
(a~t~~.~} Bmc 1971t, Vero Be~ch, Fla. si~neu~a: /s/ John C. Allen SEAL
'Y`~4 John C. A31en
~x:;:
'{'f' (Addreai) Siynaeure: ~s/ Lenora B. Allen cEAL \
z~-~y OON P11CE Lenaa~a B. Alle~u \
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