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~Q ~Vt ~ W T1~~ !he same, togeftie~ wif~? fhe tenemenls, ~eredifamenfs and appurte• i
nances fharefo be~o~ging, and fhe renlt, issue~ and p~o~ift ftiereo`, unto the mortgagee, in (ee simp~e. j
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~d tl~e mortgagor rnvenants with the morigagee fhat the mortgagor is indeJ~~6ly seized o~ aaid ~
~und in ~ee ~imp~e: ftiaf tke mo?tgagor has gooc~ rtghf a~d ~awju~-aufhorily fo convey said ~and as aJore-
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said: ftiat !he morfgagor will molee such f urlher assurances fo per~ect Ihe (ee simp~e tii~e !o satd ~anda n~ln~
mortgagee as may reasona6ly be required: !ha! the morlgagor he~rby jully warranls iF~e title to sai
und W~l! dejeiid the SOffIR OgI11RS~ Ihe lawjul claims o( nll pe?sons u~hornsoever: and thal said la?ul ts jree
and clear of ull encum6rances except tBXeS accruing subsequent t0 December 31 ~
1973, and prior Mortgages of record. _
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~ ~rouuled ~ltways, that ij saicj mortgagor shall pay unfo saicj mortgagee !~e cerlain promis-
i sory note hereina~ter su6staniially copied or idenfi(ie~. fo-wit: ~
t
wowto~ai NoTa rowM sa
' s 5, 000. 00 ~ Orlando , r~.~~~~~~
July 31 . ~974
FOR VAI.UF. kF.l'F.1~'F.n~ 1h~ unJ~niRnryl~ (l~~+ndy and itv~rally. i( nwr~ than on~) ptumiu~ to pay to
S.L.M. DEVELOYM~NT CORPORATION
, or order. in the manner hereinafter speci(ied.
ch~ pr~ocipat .om o( FI~IE THOUSII[~D AND Na100 DOLLARS
i~ S~ 00~. (1Q)•witA intrt~tt (rom dale
at tl~~ rat~ ~f -H- prr ~~nt. prr annum on the balan« from time to ~ime remaininR unpaid.
Thr uid ~nncipal •nd iM~re~t thall be parible ~e lawfu) moner of the l)nit~d Sutes o( Amerira at 23~0 Seaway Drive, Fort
Pieree, Florida, er at such place as may h~~eaft~r be d~siSnated br wri~t~n notice (~om tAe holder to the maker hereot. on
ih~ datt and in the manner (oUowin~:
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E The principal balance tiereof shall be payable on October 1,
' 1974, together with interest thereon, from March 29, 1974,
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~ to the date of paynent.
The privilege is reserved to the maker to prepay all or any
part of the principal balance at any time and from time to -
time without penalty, premium or fee.
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Thi~ not~ with intertst if secur~d by a mo~tqaRc on r~al ~stat~, o( r~~rn dat~ h~-n•with, mad~ by th~ nuk~r h~r~o[ in (svor o( tht wd
pay~~, and ~haU be conitn~~d and enfort~d acrnrdinR to ~hr laws o( th~ State o( Fk?rida. Th~ t~rms o( said mortQaq~ art b~ thi~ r~(~r~nc~
~ madt a part h~reuL ~
I( d~(ault I~e maJ~ in th~ paYm~ot of any ut th~ sums or in~~rrst nxnti~n~d hrr~in or in s.iid rn~~r~q~R~, or in thr prrfo~man~~ o(
~ an~ of the agr~~m~ntf ~onta~n~d h~r~in nr in ~aid murtRaA~~ th~n Ih~ en~ir~ prm~ i~.al wm and arrrurd intrr~~t ~hall at th~ option o( ~h~
~ holder h~rrot brcome at once dur and rnll~~tibl~ withnut nnti~e~ tunt 1xinR oI th~ ~ss~~ur, and u~id princi~u) ~um and ac~ru~d intar~st
~ ~hall both bear internt (rom ~uch ti~n~ until paid at th~ hiRhrst nt~ allowa4~k iin~l~r th~ laws o( the Stat~ o( Fbtid~. Failurc to t:er~~s~ ~
~ thi~ option ~hall not rorutitute a wai~•~r nf ~h~ riR6t to ~:~rcisc the ia~n~ in thr ~~~nt of any sul~uq~~rnl drfault.
~ F.ach prrs~nn liabl~ her~on MFIf1I1ff mal~rr or endon~r~ htrrby rrai~~~ pr~stntmrnl, pmt~~t, r~tic~. nolice of pmt~st and netice ut eh~-
horMr and aRr«f to pay aU io+ts, includinR a r~aw~nal~1~ anurn~y'f Nh~~h~r ~uit t.r bruuKht or r?.~t, i(~ a(t~r m~Wr~ly o( thi~ nolt or dt(aull
~ hereundu~ ot under ia~d mortqaRe, counsel ~hall b~ tmpk~ytd to coR~~ t tbi• not~ ur to protect the x~cunty o( said mortgaRe.
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Kher~~•cr uud herein the term~ "hold~~'~ "mak~r" and "paye~' shsll be ~on~trucd in the ~iogular or plunl as the contest mar ;
' require or admit. ~
~t~t~~s Ad~t~.u .G.=C_ PROPERTI~S...It7C....-- ...........................{~~(K) ~ ~
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~ gy; ~s/ W.,. . L . Gi.eger. . .............~---ise,v.~ ; ±
663 Harold Avenue L. Gieger, President :t
Wi.nter_ Park.... Flsar.ida 32789 . . . . . ........~--~---...............~sE~L, ; . ;
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