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~Q ~ W Ihs +ame, togethsr wilh th~ tenemenl~, hswdita~nonli and appurte-
~~onces Ihereto tie~onging, an~ fhs ront~, issues nnd projifa fhereoj, unlo Ike n~wl~qge~, tn jee stmp~s.
n1~ 11~e moitgagor covenanls wifh fhs mwtgugee that tti~ nwrlgapor ts tnc~e%a,i61y seized o~ said
lnnd in f
es aimple: fhat t~s mortgagor has good ~ig1?t and Inw~ul autl~ority to conwy :~td ta.~d w a/on-
satd: fhal the morigogor w1« ma~e such f
urltia~ asauran~ea to pe?~pct !he ~se almpl~ fitle !o said Iar~d in ih~
mortga9ee w moy ~asona6lr 6~ requi?~d: ehal th~ mortgagw I~ere6r jully wamnnts th~ IIlb to aatd Innd
and wlll de%nd the sane agat?ut ll~e Iawjul clain~s o~ aU penons whomso~ver: nr~d t?~at satd bnd u Jroe .
and clear oj all encu~n6rnnces . .
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' ~~s~ thnt i~ said morlgagor s~ia~~ pay unfo said ewrtgagee the cerfain promis-
~-sory note hereinajter su6slantially copie~ o~ identtfied, to-wit:
=52,Q00.00 Fort Pierce, Florida August 18 19 75
FOR VALUE RECEIVED~ the undersigned, jointly and sevarally. promise to pay to~the
order o! William Backus and Huldina Backus~ his wife~ Rid~d
Backus ~ Sr . and Richard Backus , Jr. , as joint tec~nts with rights of
--si~viv~in. at
the prIncipsl eum oi FIF~'Y-TWO THOUSAND and no/100- DOLLAR3, with
interest at the rate of ~ 1~2 per cent per snnum irom date until
paid. in inetallments ae lollowa :
~ $350.00 on the 18th daq of SeptemUer, 1975 and a like sum on the
corresponding day of each like succeeding period thereafter until
the whole be fully paid. Each installment first shall be~applied
'i in payment of the interest and then on the vnpaid balance of the
~ principal sum.
~ PREPAYMENT IN WHOLE OR IN PART, AT ANY TIML, WIT~iOUT PENALTY,
~ IS RESERVED.BY MAKER.
~ THE ENTIRE REMAINING PRINCIPAL~BALANCE OF THIS NOTE IS DUE AND -
PAYABLE ON THE lst day of Au~ust, 1980.
If any installment be not promptly paid within thirt9 days next alter the same be-
comea due, then, at the option of the holder hereof. the iull amount reraaining due upon
thia note shall thereupon become due and paqable at once, together with all other indebt-
ednesa stiputated in this note attd in the mortgage given to secure the aame.
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The mskera and endoraera of this note further agree to waive notice of non-payment. i
protest and demsnd for payment, and in case suit ahall be brought for the collection
hereoi or the same shall be co~lected upon demand of an attorney, to paq a11 expensea
of such collection, including a reasonable attorney'a fee thereon.
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~ State Documentary stamps in the .
amount of $78.00 attached to /s/ RAY[~ID VanN06'TRAL~ID
original and canceled. ymon ostran
/s/ELAINE VanNOSTRAND ~
(SEAL) ~
Elaine VanNostrand ~
80~K ~~z PA~E2585 ~ ~SEAL) _
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