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~ (hP samp, f PIIIPr wil~~ fhN leuemenfa, heiecrifam~r?fs un~~ appu?Ir ( .
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nances l~IP?PIO ~~e~ongin~, and Ihe rents, issuPS an~ profifs thPreo~, unto Ihe morfgages. In ~PP simp e.
Ihe mo~lgago~ co~~enanls wilh Ihe morlgngee Ihat the morfgagor ia indefeaai6ly aeiz~cl oJ said ~
lancl in /ee simple: that the mo~tgagor has good ?i9ht nnd Inw)ul authority lo convsy said land as ajor+e-
saic~; fhal the morfpagor u~ill malre such jurfker assurancet fo pe~pet Itie jee timpls title to sald land in Ihe
I mortgaaee as may reasona6ly be ~equtred; that the mwtgagor I~ere6y ~ully warranb the title to said land
~ ancf u~ill deJend the scune against 1he lawjul claima o~ al1 persona whomaoever and Il~nt said lnnd is ~ree
and clear oJ aIl encumbrnnces exeept tBXes aCCrU1.Ag subsequent t0 December 31 ~
1974. - . - ~
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~~V~~ 7UW~s~ that iJ said mortgagor ahall pay ~unto said mortgagee 1he certnin promis-
~ sory nofe hereina(ter su6stant~al[y copiec~ or identi~iec~, to-wit:
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r.~e,~o~o~ Hw. Ir. I~~+W hr~M~ M MwY~r I~w~M~w•I~M I~e~rNl
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~ Mortga,p~t Note
s ..213 ~ ..01.. `~'ort...P.~.er.~e...... ~tx~~.~3t.....2.4 .................~v. ~ 5.
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FOiI VAWE RECEWEO th~ und~rw9Md promiW~ ~o paY to IM adw ol
...H~NRX_. ~......G~,,AX~QN .
TWO HUNDRED THIRTEEN THOUSAND ONE HUNDRED THTRTEEN and O1/100
tn~ q~M~pN ~wn o1
..........p~r c~nt pa annwn from
~a9a~n.. w~~n ~~w.u ~n...w~.~ ~h..~. a..........7.~... date hereof
~m~l ~w~~Y. both priec~Pd and int~ut b~in0 WYabb in l~wiul Mon~Y d IM Unit~d St+~. wch prieeip~! wia ~nd 'wiw~st WY~bb in install~rws u follows~
Interest only on the unpaid balance shall be payable for.the first twenty-
four (24) months as follows: Interest only commencing January 20, 1976, and
; a like interest payment on January 20, 1977. Principal shall be repaid
; beginning January 20, 1978, by ten (10) equal annual principal payments,
' plus interest, as follows: $21,311.30, plus interest, on the 20th day of ~
E January, 1978; and a like sum, plus interest, on the 20th day of Janu~ary of F
! each succeeding year thereafter until gaid in full. ~ ~
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~ Such ins1s11men1 psym~Ms shsll b~ appli~d first to th~ int~r~s1 scuuiny undK tM I~rms d this noN snd th~n ~o a ~~duction d IM p?int~p~l indebt~dn~ss. -
~ Th~ makers snd ~ndorsers of tAis nol~ funMr ayre~ to waiw demsnd, nof~c~ o( not?-payrewnl and prolssl. ~nd in tM ~v~nf w~l sha~l b~ broupk+t~for Ih~
~ colleu~on hereo(, or ti+~ ssnw hss 1o b~ eolbet~d upa+ dsmand d sn attwn~y. Io psY r~ssonsW~ ~ttan~y's (MS lor mskiry sueh eoll~c?ion. AN psrm.ms hMr
; ~~da shsll b~ar inte.s~t a~ ~M rat~ of ...~Q.......p~rc~n1 p~r anrwm Iran ir~twity until paid. This no1~ is s~cw~d by ~ matpay~ d~wt~ da~~ h~r~with aed ~s ~o
z oe consrruod ~nd snfwcad sccwd~ny 1o th~ laws d ~M St~l~ o( Florida: upon d~(wlt i~ tM paYm~M of Principal andJw iniK~u wMn dw. IM whob sum d
- prmapsl and mf~res~ r«nsinin9 unpsid shall, at Ih~ oplioe ot tM AoW~n, wco~ inwn~diaaly dw and piyabl~. F~ilw~ ro uurcit~ Ihi~ oWion ~h+~l no1 con~titW~
~ a wa~er of th~ npM to ~aacis~ Ih~ ~ in tM w«w d wbs~qwnl d~(wlt.
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-u~ to 29~ of purchase price~c~urin ear
s Riyht of pnpaym~nt In whot~ or In psrt ynnt~d wlthout p~nalty . a tw tM .g.. y....
~ of sale; and in whole-or in part at an time thereafter without penalty.
aay w y . i9 .
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; ~~Y~~ /sf_ D. J. Tzimenatos ,sE~~~
~ Fort Pierce, Florida 33450
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~ or such o~hK placs ss shall b~ ......................................................................................................................ISEAU
~ Css~yna~~d bY Ih~ hdd~r d Ihi~ 0~
nob ~n wr~Un9. ~nj/1,/ PACE ....................................»...........................................................................~SEAI)
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