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~ 30 ~ue and to ~iold tbe same, togelhe~ with Ihe tenemenls, heredituments a?ed appurle-
i ?~ances fhereto 6e(ongi~p, an~ I~e renfs, issues an~ pro(its fhereo~, unto I~e rnorfgagee. tn lee ~1mple.
~ the murtgngor covenanls w+tl~ the mortgngee Ihat Ihe morlgagor is indel~„~blr seized of aald
Iantl in (ee simple; ~ha~ the morlgagor has good right and lawjul autho?tty to convey said Iand os ajore- ~
said; t{~at the mortga~or wil! ~,ak~ s~h (urthe~ assurances lo perloct the Jee timple tifle to. saicl Iand in the
mort~agee as may .~ona6ly 6. required; lhat the mwt9a9o~ hereby jully warranta the title to said land i
and u~ill dejend Ihe same against the lawjul cloi?ns oj all persons wl~omsoever; and that satd land i~ f?ee
and clear o~ al1 encumbrance~ ~
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~rou~ded ~tways, that ij said mortgagor :holl ~xiy unto said morfgagee fhe certairt promta-
' sory nofe hereina~fer substantiaj~y copied or ic~entiJiec~. to-wif:
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7~F000 . 00 da Ma~ 23 19 74
F08 VALUE RECEIVED, the undersigned. jointly and severally. promiee to pay to the
order of
P A gex 97~ at ~~~T: 1D2«~,2, Flnrid,$_.~4450
~
the principal sum oi FI~'EEN THOUSAND ~nd no/100- DOLLARS, with '
June 6 , 1974 until
interest at the rate of ten per cent per annum from
paid, in inatallments as followa :
i 120 equal monthly payments of $198.23 each, with first payment to
~ co~a~o~ence July b, 19 74 , anC a like eum an the corresponding day
of each like succeeding period thereafter until the whole be fully
~ paid. Each installment shall firet be applied in payment of
interest and then on the unpaid balance of the princinal stmm.
~ y late payment cw~`~ *_~ut e~c~oee~ Sio of the delinque~zt payc~rat sha].1 3e
aclded tro ea~di installmertt Y~cmi~ig ~ fi~ ~5~ its due dare, ~
and a 13k~e sum sha7.1 be added to each sudi installm~zt u~aid 5 days aft~er ;
eadi sucoeedin~ payment date.
The malcer reserves the right of prepayment at any tir.~e without ~
penalty, in whole or in part. ~
If any installment be not promptly paid within .--t~~- days next sfter the same be-
comea due, then, at the option of the holder hereof, the full amount remaining due upon
thia note ahall thereupon become dne and payable at once, together with all other indebt-
edness stipulated in this note and in the mortgage given to secure the same.
The makera and endoraers of this note furth er agree to waive notice of non-payment,
protest and demand for payment, and in case suit shall be brought for the collection
hereof or the same shall be collected upon demand of an attorney, to pay all expenaes
of such collection, including a reasonable attorney's fee thereon.
1. Pz+ocei:ds ].5,000.00
2. M~ee TLt1e It~stlrau;e 150.a0 S~ ~C E. GIB'EEtT, JR. (SEAL)
3. Feoorcit~g oosts......... 60.50 E. (~bert, Jr
4. ~looouit F`1r?aaoed......... LS,OOQ.00 .
5. F3~yoe c~az8e. . . . . . . . . . 5,219.46 ~s~ I~E-IittJG ~
6. Total pa~qmente.......... 20,219.46 (SEAL)
7. ~1 Peroentage Rate 1~J'o Lee-Hung Gi1~rt
STATE DOC~RY S'TA~'PS 7N ~ Ai~Tr (3EAL)
O~F $22.50 ATTE1~ElED TO ~RIGII~IAL Ai~ID
n~ ~ PACE2718
f ; _ 1 1 (SEAL)
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