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- ~0 ~t ~{11{1 fhe same, togethe? wilti fhe ientm~nts. heredifamenis an~I oppurfe-
~ nances ll~erefo 6e~Qngtng. anc~ fhe ?enfs, tssu0a an~ pro~ifs thrreo(. unlo Ihs mortgage~. In lee sJmple.
~ the mortgaao~ cavenanla wi11e ihe morlgagee tha! Ih~ mortgagor ~s ~nd~l~ibly reiud oJ said
~and i~ ~ee simp~e; l~af f~s mortgago? hat good ~i9ht and ~aw(u~ aut~ority to ~n~ar ~d !~d as afon-
said: that the mwtgogor wil! ma~o :uck (urtker assu?a~ees to PQrf
rct th~ J~e atn~pl~ ltl~ to aaId Iand in fIu .
mortgagee as rnay ?easonn6ly 6e requl?ed: tha! the ~nort9c8or ~itn~Jr ~uu7 u'arranu t~~ tif~s fo said ~artd
a~id u~tll de~ei~d i6e aame agatnst ths iaw(ul claims of nll penons wl~omso~ver: und Ihat snid ~and ti J?e*
and clea~ o~ alI encumbronces .
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~ t{~at ij said mortgagor ikall pay unto satd inortgagee the ceNain pronsu-
~ sory note {~ereina~fer su6stantially copied or ic~entijted. to-wit:
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s.__2,.Q.~.Q.....Qd Fort Pierce,~~.._..._.nctober ..........__....i974..
FOR VALUE REGEIVED tM undersi~~ed p~omises to paY to the order ot
C. h'. OUTWATER and BARBA~A J. OUTWATER:, his wife .
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. s 2 000 00---
p.~M~I ~ of....'1'.WO.._TI;OUSAND AND NO~100 1 - . T
~ope~her wilh inrerest lhereon fran date, at the rate al....__.._..~..l.~s....._. aTlflLlill ....until matw:~y, sa~d ~nterest
...................RK Per-.._....._
be+ng vavable..__..~S,.~E...BELOW......oe the .daY of... . .and...-- . : . _ . . . .
each year: both p~inc'pal and inteFest being paYable in I~wiul money o( ttie Unifed Stales a i!s equivaienl, a1
..................._.....................said principal wm~lo be psYable on th~ dates and io the arnouMS sPKibed below. to-wit
~ The sum of $2,OOQ.40 being payable within six (6) years at a
~ ~ monthly payment of $35.56, including~interest at the rate of
~ 8~$, the first payment commencing on the~~day of.November,
= 19T4, and the same amount each month thereafter until this
£ note shall be paid in full.
~ Privilege is reserved to prepay this note at anytime without
_ penalty.
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- EMh 111akH ~iA l11d0?SM ilYEf2I~? WitrlS ElfRifld, prdesl and ~alice o! maturHy, non-paymeed or prolesl and a11 requiremeMS e?ecessarY lo hold eacl+ ot
E Ihem Lable as makers and endorsers.
- Each maka~ artd endorser (w~he~ agrees, jaMly a~d seve*aHy, lo pay all cosls o! co~leclia~, encludiny a reawnabk attorney's tee in case the pr+~+c~pal oi
- rhis note a anY pavmeM on the princ~pal a any ~nrwes~ ~he~eoo is ~a pa~d ar ~he respea~w ma~urny ihereo(, w in case ~I becomes necess.xr to pro~ect the
c secw~ty heteo~, whdher wA be bougN w not.
This ~ote and delerr iMlr~1_paY~s shall bear inferest at tl~e rale of__.........8~. ....per cen1, per anrnrn irom maturilY cn1i1 pa~d.
This nae is secur a TT« * 9e o( e~ren date herew~th and is io bt c~++strued and en(wced xcorc3~ng lo tha laws d 1he SEa~e o[ flo~~da
upon detault in Ihe d princ~ and) erest due on anY no~e secwed br s~d Nor~qa9e, all nWes so secured and rrna ~++g unpaid shall iwtl;Nr~th
bscana due ilhs! ~t~g ee~d. ~
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