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~o ~iaue nnd to ~iold Itie same. Iogvlher wit~t Itie tentmenft, hpr~ditamenls anc~ appu?fe- ~
noni•es t~erelo bc~onping. an~ Ihe renfs, issuPS nnd pro~its Ihereof, unfo !hs mortgagee. i~ ~PP simple. k
itie mortflagor co~~enanfs u~ith the mortgagee ltiat fhe etorigagor is in~rjea:~bly seised o~ said
land in f
ee simple; tl~at if~e morfgago~ has eood ?tght and law~ul autko?ily to conuey said lu??d as af
or+e-
saic~: fhat !ha mo~tgugo~ wil! make such Jurfher wsuranc~es lo pe?jecf f~e fee simple fitl~ fo satel Iancl in fhs
mortgagee as may reasonab~y ba rQqui~; fhal !~e mortgagw ~ereGy ju~~y waRnnts fhe tit~e fo :aid land
and wil! de%nd tT~e same ogninst th• lnw(ut claims oj nl! penons wl~omaoe~er: nnd that said Iand ts jree
a~d cl~,~ o/ a!! encum6?a~ces except that certain first mortgage to J.T.
Stuart Mortgage•Company, dated January 19, 1972 in the original amo t
of $16,700.00 and prese~tly having an unpaid balance of
approximately $16,200.00 '
PROVIDED ALWAYS, that if said Mortgagor shall pay unto said
Mbrtgagee the certain promissory note hereinafter substantially
copied or identified to-wit:
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i ~SO ~~V o ~ . 528
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. Fort Pieroe. Florida DeeO~lbe7: 2~ 19 ~
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For va~ue nceived, we, or either of us, promise to pay without defalcat~on to the order of i
: . , at the offiae of ths _ payee
St?. I~03.i M02~?~~ CO~g~,~ -
- hefei~ in ~ Pj~g. ~ a or at suc~-other plaoe as the p~yee herein U designate in writing, fhe
sum of i ~~~v • with inierest kom date at the rate of ~•0
96 per anrn+n?, PaYabie
in montMv instaltme~ts as fiollows, to-wit: -
; ~~~b9 on the ~a day of`=~~~ 19~- aod a tike sum
o~i the_aorresponding day of eacfi like suocaeding month 1l~ere~nftef uMil Qa1d .
s~ ~i.
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! In 1he everrt any amounts c~i'trently due end/or past due under the terms of this note are rat paid
by the ~t~l day of fhe moni#~, a late penalfy of 5.096 of the aorr~bined ama?nh axrentfy ~due and/or
past due, will be added to and collected with whatever amounts are due for ~e rrwnth in question. If
curreAtly due a~ct/or pest due payrr~nts or parts thereof under the terms of this note ~emain unpsid
at the end of any month, then said unpaid amount wiil be ca~~ied forward and added ta the amounts _
coming due under the terms of this note for subsequent months for the purpose af calculating wbsequeRt - _
late penalties. Amounts due under tt~e tem~s of this note are unders~ood to be but not limited to.
(1) Regularly amortized interest and principai payrt~eMS•
. (2) .~ty and/or oaunty taxes wF~e~ paid by the payee herein.
(3) Insuranoe premiums when paid by the payee herein.
(4) ' Senior mortgage paymerrts when paid by .the paYee herein.
. Street, sewer and water liens when paid by the payee herein.
Ead~ installmerrt first shall be applied in the paymerrr of the interest and ihen on the unpaid bal-
anoe of ifie principal sum. If default is made in the pnymerrf of any i~stallmcnt wh~n due, ihen at the
option of fhe hotder, and witi~o~rt any other notiae, all the remaining ins#allments shall be due and payabfe at
~ once. Privitege is given to pay two or more instaUmeMs at any installmertt maturity date, but this sf?all
not extend tfie time of maturity of any subsequenf instalime~t. Neitfiar forbeararxe. nor acceptanae by
~fie holder hereof after any defauk in any payment hereon, shall be deerned extension. _
Each maker, surey and endorser hereof, pintly and scwerally, waives demand, preaentment.
protest and notioe of protest for nonpayment, and further a9rees t~o any extension of time of payment,
- either before or after maturity, wi#~out notiae to any of us; and ro pay atl costs of aollection, indudiny a
rea;onable attwne~s fee in the event of any defauh hereunder. -
W17NESS THE HANOS AND 9fAl OF EACH PARTY~S~obert L.• Barton~ ~qU
~ $5 •25 in Fla. State "
Documentary Stamps
affixed" to al note. /S/L nn N. Barto~ ~SEAI,) ~
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' '~'C+i ~'a~ ~ J'~ % . ~.a~
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