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7~ T1ilYt i1114 W~~~ f/~s same, togefher u~ifh the tsnementt, h~~itomenls and oppurte-
nancea l~e?elo belor„t.^.g, ane{ fhe renlt, issuea anc~ p?o(ifa ftiereo~, unto itie tnoNgagN. i~ ~N slmp~e.
~ the mortgngo~ rnvenants u~ith the morfgoge~ that the nartgaeor is ind~J.w~6lr teized o~ aoid
land In /ee simple: thnt the morlgagor hw good ?tght and lawjul uutho?ity to conusy iatd lond as a/ore-
suid: thot the mortga9o~ will males auck jurll~er assurunces to p~r/~et the Je~ simple titl~ to iaid Iond irt tht
mwtga9ee ns may reaso~o6ly 6~ requirsd; that the mo?lsagor h~..by /alty wwranb tk~ tttle to satd land ;
and will deJend the same agat?ut the lawjul claims o) oIl pe?aoru whomsoever; nnd that :atd bnd t~ /ree r
nnd clear oj aU encum6roncea - ;
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i ~~V~~ 7WW~s~ fha! iJ said mo.e9aao~ .hatt ~xir unto sntc~ neortgagee t~e cettain promtt-
~ aory note hereinnf ~FT 3u6stnnt~a!!y copiec~ or identi(ied, to-wtt:
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MORTGAGE NOTE • ~
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s' 2,130 . 00 Fort Pierce . Fturida ~
NAy 8 , i s 75
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FOR VALUE RECEIVED~ the undersigned, (jointly and s~rerat:y~ iE more than one) promises to pay to
Phi~i A. Allen Jr. and ifiaria T. A~len ~r
p ~ . or order~ in the manner hereinattcr ipecified~
pflAtIP1I :um ot tc:o thous2r.d one hundred ~hir~y and --------------no ~loo ~oLt.~?RS ~
i S 2~ 13 0.~~ with inter~st from date at the rate o! 1 ~ pcr cent. per annum on the balance irom time to time rtmaiaiag uapaid. ~
The uid principal and iaterest shall be payabk in lawful moncy oi the L~nited States of America at ~
or at such placc as may h~rcaft~r be desisnated by written notice from the holder to the maicer hereof, on
the date and in the manner following: •
Sixty equa~ monthly installmen~s of $45.26 per rr,onth beginr.ir.g ~
on t;:e ~ 8~n day of June , 1975, and continuir.g or. the sar~e ~
day. of each r~ontlr, thereafter until paid, including 10 per cent
interest per annur,; on the unpaid balance. ~
~ After 24 raor.ti~s from May 8, 1975 the mortgagor has the right
; od prepayment without penalty. . ~
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~ 'I~hii note with interest is secured by a mortgage on rcal estate, of even datc hemwith, made by the maker hereof in favor of the said ~
* ;,ayee. and shall be construed and enforced accord:'ng to the laws of the State of Fbrida. The terms oE said mortgage are by this reference
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made a pan hereoE.
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If default be made in thc payTnent of any of the sams or interut mentioned hercin or in said mortgage~ or in the p~rformance o( ~
- ary of the agreements contained herein or in uid mortgage, then the entire principal sum and acuued interest thall at the option o( the s
~ ::o:der hereof become at once due and coilectible without aocice~ time being of the essence; and uid principal sum and acerucd intercse ;
s:all both bear interest from such time until paid at the highut rate allowable under the laws oE the State of Florida. Faiture to exetciu
: cnu opuon shaU aot consdtute a waiver of the right to exercise the same in the cvent of any subsequent default.
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; Euh person liable hereon whether makcr or endorur~ hereby waives presentmer.t, proceat, notice, notice of protest and notice of dis- ;
§ ~onar and agrees to pay all coscs~ including a r~asonable attorney't fee, whether suit be brought or not. if, after maturity oE this note or detault z
hcre~ader, or undu said mongage~ counael thall be emplored to colkct this note or to protect the iecurity of said mortgage. ±
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~ Whenever used herein the terma "holder", "maker" and "payee" ahall be conserued io the siogular or plural u the context mar ~
~ requirt or admit. ;
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Makei s Addres~ ..80~!@Y"~&OII .(SEAL) ~
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~ L ROBERZ'SON ;
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~ ~.......'R6..F~st.,Fa~W~!_..-...Stuart,...?~'~:oriaa...33~±9~+ ..................o..P....................~..................................N......._..........~se~L~ ~ f
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~ ~ PAGF 1~~.
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