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~ TO HAVE AND TO HOLD the same together with the tenements~ hereditaments~ and
appurtenances, unto the eaid Mortgagees_., ancL h e t r hEirs and assigns, in fee simple. ~
AND said Mortgagor for itself and its "successors, legal represen~atives and as~igns, doth
covenant with said Mortgagee~., thei r heirs, legal representatives•and assigns~ that
said Mortgagor is indefeasibly seized of said land in fee simple; that the said Mortgagor hath
full po~ver and lan•ful right to convey said land in fee simpls as aforesaid; that it shall be
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lawful for said Mortgagee~.~ t h e i r heirs~ legal repre3entatives and assigns, at all
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times peacesbly and quietly to enter upon, hold, occupy and enjov said land; that said land is
free from all incumbrancea; that said Mortgagor, its successors and legal representatives, will
make such further assurances to perfect the fee simple title to said land in said Mortgagees ,
their heirs, legal representatives and assigns, as may reasonably be required; and that
said Mortgagor does hereby fully warrant the title to said land and will defend the same
against the la~vful claims of all persons whomsoever.
PROVIDED ALWAYS, that if said Mortgagor, its auccessors, legal representatives or `
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assigns shall pay unto the said Mortgagee.~, r.~~~ ~egal representatives or assigns~ ~
the certain promiasory note-, o~ which the following in worda and figures a 'f
true copy to-wit:
~ 3S.S00.00 : ~t ~ P~, p~e~~ti~t ~1 i9 ~S .
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A~ haraina~tar stt tortti ' aher date, I, we or either of us promise to pay to the order of ~
E.Y. 8A~ICOCL and BILLIE JEAIi HANCOC[, bis vif~ ~
,
Tbirt~-tiv• Zhouaand 8i~• Hundt~d and 00/100--------------~~~~---~LZ~~s
for value received, payable at
with interest
from dat• ~t the rote of
8~ cent per annum until paid, interest payable aonuall~ -
H defa~it is msd~ in s~ payment w:xn dire, tMt~ at tht option of tF~ holdtr. and withovt sny other notice, ail the remainirg bafanoe
~ ~II 6~ du~ and payabl~ at a~a.
~ Md each of w wl»th~r makw. 9wramw w ~ndone~, hsreby aa+rerdly w~ives ~nd renounca ~r and all hom~stead en~mption riphn we may
~ hsw urda the Ca~stitution w Isws of tM State of Florid~, a aoy other Sst~» a Un;qd States, at ag~intt th» nw~; ~d each furtM~ wiires dr
~ nwd notia of noe~psynw+~t u~d protar, and io ~v~nt N bsoomes nscessary to co!bet this oot~ tMouyh ~n attorn~y. +yn~s to pay all eosts of
oolbction indudinp reaon~bl~ ~norntp's fs~.
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c This aot• shall bs pa~abl• ia fiv• (S) squal •uacassi~• annnal
~ installa~nts ot $7,100.00 sact?. plas intsr~st, at th• rat~ Qi 8x p~: annu~
on tha unpaid balaacs. the tirst ot ~ueb install~~ats b~ina du• ~nd
payabl• on Jaauar~ S, 1977 and •ncaesai~• in~tall~~at• b~ins dns and _
pa~abls on ths liks da~ oi •ach •neas~ding ~~ar t6~tsatt~r nntil fLll~
paid as ta psincip~l and int~r~~t. ;
Pri~ilsgs oi pr~-pa~a4ot in tnll~ vithout p~nalt~. i~ arant~d pa~or. ~
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~ Atta~t: s/ Mas~arst La~tis =
Hasgar~t Lanti~, 8scr~tar~ LlUZIB M~llIIl~Cl~II~IG COMYAII?, IUC. -
s
~ j~~ Dals 0. Laa~lis ~ ~~u ~
~ Dal• 0. La~tis, lt~sidsat ~
~ and ahall perforai, comply with and abide by each and everq the atipulations, agreements, ~
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~ conditions and covenants of said promissory note- and of this deed, then this deed and ~
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~ the estate hereby created shall cease and be nvll and void.
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~ AND the said Mortgagor, for itself and its successors, legal representatives and assigns,
~ I hereby covenant and agree: -
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