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~e lhs sam~. fogelhK wilh l1~~ tan~mtnl~. hereditanesnts and appurfa- .
nancea Ihsreto bs~onging. and t~e re~ts. istuet and pro~lls theno~. unfo J~~ mo?fgogs~. ln JN simple.
~ ~hs rnortga9or rnvenants witl~ !he n~ortgagis that th~ ~wrt9~o?. Md.~~wi6ly Kised oj satd
land tn ~ea stmpls; Ihat the mort9~or 1?w 9ood ~tel~ ~d b~lul authorthr to conwar antd lond as n(or.-
~ satd; 16at the mortga8or wiU mak~ iuc1~ Jurt?~e? asiuronc~a to pK(ect f~o ~N siny~~e ttl~e to said
mortgaget w rnoy reeuonably b~ required: tha! t1~e mortgogor k...by l~llr u•o~*+ana eh. Iilla io ,~td la.~d
and wiU deJend the same agatnst tke iaw/u! claims oj a!l peaons wl~or~uoewr: and Il~a! said land i+ /rw
and ~I~a: of ait ~umb~o?.~~ ~cept that certain First Mortgage to SHIRI.EX FRAHIQ.IN
, in the original principa],- amount of s18,000.00 recorded~ S/15/72'~in O:R~;'$ook
202, Page 1084 of the Public Records df St. I~ucie Coimty, Florida,'and .
taxes for 1974 and subsequent years. '
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~l"pUl~ ~III~S, tl~e ij s~d ntorlgugor shall pay unto auid mortguge~ the c~rtain pro~nla- -
sory note here~nn~ter substo.~t~aily copied or tdenti~ied. to-wif: ,
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S 66,400.00 Forc Lauderdale, Fla. October 9 19_74
FOR VALUE RECEIVED, I/WE, or either of us, promise to pay to the order of ~
JOSEPH MAGGIO and MARIE :~IAGGIO, his wife,
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Sixty-5ix Thousand b No/100. . . . . . . . . . . . . . DOLLARS
0
A ac 1172 Camadore Court, Apt.~I03, Collanades Condo, Fort Pierce, Florida 33450
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' with interest from ~tObe]e' 8, 1974 at the rate oi~ EiQht ~ ( 8X ) per cent per
g annum until paid, payable as follows: Interest shall be gayable annually commencing on the 8th-
day of O~tOber , 1975. Principal shali be paid as-follows: There shall be no princi-
a;~ pal payments during the first two years from date of closing. Thereafter, principal
~~a shal~ be paid in seven (7) equal annual installments of $9,428.57 per annum, commencin -
Z~ LL on the 8 day of OCt. , 1976, and continuing on the g day of ~tobeT , each year there'
; o a: after until the~_day of Q~tober , 1983, at which time the principal balance remaining
s a:~ unpaid together with accrued interest thereon shall be due and payable in full. Pre-
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payment in whole or in part without penalty shall be allowed after 1/1/75. Any such
prepayment shall be applied to the next due principal payments under this note.
~ oLL Holder~hereof agrees that there shall be no pexsonal liability on the part of the Make -
~r~eo~f~ and that Holder shall look soleiy to the land encumbered by the Mortgage secur ng
o ~R~t~@l~~il~bccome necessary to colkct this note through an attorney. either of us, whether maka. surety. or endoner on this note. hereby
J agtee to pay ali costs oi wch coQection, including reasonable attorney's fee. The dnras and endorsers serenlly waive presentment for
- payment. in protat. ~nd notice [or non-payment oi this oote.
~ !N TIIE EYENT any payment of interat or principal be not paid within thirty ( 3d ).days afta the same
~ becoma due. the ho{der of this note may. at his option. dedare the whok principa! sum hereof to be immediatdy due and payabk.
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