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~Ve Ihe sarrie, togelhe~ wilh tl~e tenement:, he?editamsnts a?td appu?te-
nances fherelo be~onpinfl, an~ fhe ?enfs, isauea and proflls Ihe~eo~. unto fhe morfgages. ~n (ee simp~e.
~ the mortgogor cavennnls u~1th ths mo?tga9ee Ihat tl~• mortgagor is tnple%wi61y seizecl o/ aoid
~anc~ tn fee stmp~e: fhaf ihe nioNgagor has good ~tg~t and ~aw~u~ autl~orJfy to eonwp satd la~d es a~oro-
sai~; ll~al 1he morlgagor will make such ~urltier assurances to per~pct 11~s Jes aimpb Ittb to ~aid land in t6~
mort~n9ec+ os may rewona6ly 6e ~equtred: lhat tl~e mwtgagor h~reby jully wa~rnnts tl~• tJlle to satd land
and u~Ill dejend the same agatnst Il~e iaw/ul clatma o~ all persons whomaoeuer and fhat ,atd ta?~d t: /?ee
a~d clear oJ aIl encum6mncPs
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Ii~1~~s~ that i~ said mortgagor shn~~ pay unto aoid nwrlea~ee the cerfnin pwmis-
( sory note hereinaJler su6atantially copiec~ or identified, to-wit:
:T 15_~n0~_00 Fort Pierce, Florida October 21 1975
FOx VALUE RECEIVED, the underai~ned, j ointly aad severally. promise to . ~
pay to the .
order o! FIRST NATIONAL BANR OF FORT PIERCE ~
_ p_ gox 9~n at Fort Pierce, Florida 33450
the principal aum oi - FIFTEEN THOUSAND attd no/100- DOLLARS, with .
interest at the rate o~ per cent per annum from _November 1, 1975 u~}~~ .
paid, in installmenta as lollowe: • ~
180 equal monthly pay~ments of $154.39, with first payment to commence'
I2ecember 1 , 1975, and a like sum on the corresponding'day of ~
each like succeeding period thereafter until the whole be fully
paid. Each installment shall first be applied in payIIVent of
interest and then on the unpaid balance of the principal sum.
` A late payme~nt charge not e~wee
din~g 57a of the delinquent paymez~t shall be added
' to each installm~nt r~ainirt~t~paid five days after its due date and a like
~ sun be added to eac~i such ins al~mait re~oo~aining u~pai,d five days after each
~ succeeding Payme~1t date.
' The maker reserves the ri ht of
; in part, without penalty.g p=epayment at any time, in whole or
~ If any instaliment be not promptly paid within • t~n days next after the same be- ±
~ comes due~ then~ at the option of the holder hereof, the full amount remaining due upon
F this note ahall thereupon become due and payabte at once, together with all other indebt-
~ edness atipulated in this note and in the mortgage given to secure the same.
' The makers and endorsera of this note further agree to waive notice of non-payment.
~ proteat and demand for payment, and in case suit ,ahall - be brought tor the collection
~ hereof or the same shall be collected upon demand of an attorney, to pay all expenaes
; of such coliection, ;ncluding a~reasonable attorney's fee thereon.
E
I. Prooeeds.. . . $LS,000.00 . ~
~ 2. Abstract Contuwati.ort
` apprrndnrately. . 35. 00 (SEAL)
:
' 3. Recording oosts........ 60.50 o ert ot
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' 4. ~praisal fee.......... . 50.00
` S. Credi.t Report fee...... 10.00
a 6. Mo~rtgagee Title Insuranoe 140.00 ~ (SEAL)
E Carol Roth
~ 7. Attarney's Fee.:...... 50.00 ~
~ 8. Amov¢it Finalced. 15 , 000 . 00
~ 9. Finanoe C'harge........ 12,790.20 (SEAL)
~ 10. Total payme~t........ 27,790.20
~ - 11. Perce~nta,~e rate...... 9 1/4%
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~ (SEAL)
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~ ~245 ~
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