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j0 !tie aame. togel~ar wtfh fk~ ~ensntw~ti~ .~~?tditew?~nb. and appurt~-
na?eces ftiereto 1~e~onging, and f1~e ~enb, istuea and projlfs ftiereo~, unto Itis mortga~s~. in ~st stn?p~e.
~ fhe morlgagor eouenunb u~tth ths mortgagte Ihnf th~ n?o?tgapor L in~~~~.~6tr i~is~ o~ sald
Iand in /eo simple: that tl~e mortgagor haa good r~Igkt ~d bwJul aWhortqr to conwp satd lond os a/w~e-
said: ll~at t{~e mo?tgago~ will mn~e auch ~urther assunancea to per~ect t~u sin~p~ fit~e to ~aid ~and in tl~e
mort9agee as may ?easona6ly 6~ required: tkat eh. mo?tgapor k~?eby /uUy u~ananb the tllle fo said iand
and u~tl! de%nd t?~e same upainst the iaw/uI clnima o/ oll persont whomsosver; and tlwt satd lar~d ta Jrw ~
and cleor o/ all encumbmnces ~
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V~~ ~UW~s~ lhat i~ snid mortgngor shall pny unto said mortg~ee the cartain promb-
sory note I~ereinn~ter substantinl~y copiec~ or identi~ed. !o-wit: -
MORTGAGE NOTE .
State College, Pa.
~ S 2, 300 . 00 xx~~~
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% FOR YALUE RECEIVED~ the undenigned~ (jointly and see~rally~ if more than one) promises to pay to ~
CLiNTON M. MARSHALL and GRACE E. MARSHALL, his wife
~ or order. in the manner hereinafter specified~
~e~ principal •um ot ~41G THOUSAND THREE HUNDRED and--------------------ri0/100 DOLLARS
( S 2~ 3 ~ 0. ~ Q with inter~st from date at the rate oi 7~~2 p~r «nt. per annum on the balance from time to time remaining unpaid.
TAc uid principal and interese shaU be payable in lawful money o( the United State~ o[ Ameriu at Rt . 2~ BOX 419 , Ma~tland,
~ lorida 32751 or at such plac~ as may hen•a(t~r be dcsignated br written notice (rom the holder to the maker hereo(. on
?he date and ia the manner following: '
Tr.e amour:t of this Note and Mortgage is $2,300.00, with interest
thereon from date at the rate of seven and one-half (7 1/2~) per
cent , per annuM, payable in monthly installments of $5~.00, for a
~ period of five (5) years, the first payment being due and payable ~
' on May 28, 1975. ~
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' This note may be prepaid in part or in whole at any time without
' prepayment penalty.
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; 'This note with interest i~ secured by a mortgaRe on real estate~ of even date herewith, made by the maker herco[ in favor of the uid
~ayee. and shatl be construed and en(orced according to the lawa o( the State o( Fbrida. The terms of said mottgage ue by this re(erence
made a part hercof.
II default be made in the pa~Tnent of any of the sum~ or inte~ut mentioned herein or in uid mortgage, or in the p~rformance of
- any of the agreements contained herein or in uid mortgage~ then the entire principal sum and accrucd intercst shaU at the option of the
' ho:der hereot become at once due and colkctibk without aotite~ time being o( the esunte; and ~aid principal sum and accrucd inter~st
~ •hall both bear interest (rom such time until paid at the higheat rate :Itowabk under the lawt of the Sate o( Fbrida. Failure to e:enise
s thi~ option sbaU not con~atute a waiver o[ the right w exercue the same in the event of any wMequeat default.
~ Each petwn liable hereon whether maker or endorser, hueb~ waiva presentment~ protut, notice notice o( protest and notice of dis-
g honor and agrea to pay a11 costs~ including s na~onabk attorney'a fee~ whether iuit be brought or not. i~, atter maturity of this note or default
~ hereuudu~ os under sa~d mongage, counxl ~hall be empbyed to oolket this nae or w protect the acurity of uid mortgage.
' Whenever uud herein the temns "6older", "maker" and "paree" ~hall be comtrued ia t6e singulu or plural as tbe context msy
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requite os admit.
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~?iaker. ~ddrcu /s/ Paul A. Freeman
; ....................................................................................._••--••---•-••._(SEAL)
767 Cornwall Drive PAUL A. FREEMAN
~ State College, Pa. , ZE)HOZ .................................................:..........................._.......................(SEAL)
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~ BOOK~ 9 PACE~V~
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