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~ ~o ~ue And to ~totd !{~e same, fogelher with Ih• lenemenl~, kervc~ifaments and nppu?fe-
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~ nanc~s ff~t~refo ~,p~on~~inn, anc~ f~~e renfs, issues anc~ projifs thereo~, unto I~i~ mo~fgag~s, tn f
ea simpls.
I ~nd 1{~e morfgaflo~ ~ovenanis u?tth thp mortgagee Ihat the mortgagor ts indsfeaai6ly seized of aatd
land in fee simp~e: tl~at fhe mo~tgagor I~as good rtght nnd ~aw(u~ authority to convey ,dd tw~d as ajore-
~ said: ~{~al t{~e mortpa~or u~i~l make aucl~ Jurther assurancea to pe?Jpct the jee stmple title to satd land in tht
~ morl~apee as may reasonably 6e required: Il~at the mo?tgagor here6y Jully wurrants tl~e title to aaid land
~ and u~ill de%nd I?~e same against tl~e~nwjul c~aims o~ a~l pe?sona w~omsoei~er; antr tF~at dotd la~d Jree
` ancl c~ear o( al~ encumbronces
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~~V~ TUW~s~ t~iat i~ said mortgagor shaU ~xiy unto snid mortgagee fhe cerlnin promis-
sory nots tierrinaJfer substnntin~~y copiecr or ic~entijiec~, to-u~it:
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~ 40,000.00 Fort Pierce, Florida vay 14 19 76
FOR, VALL'E RECEIVED~ the undersigned. ; ointly and severally. promise to pay to the
,._a.... JENSEN BEACH BANK ~
iI~ i~Li Va
at -TPncen Rear~h ~ Fl Q~~a
the principal sum of FORTY THOUSAND and no/ 100- DOLLARS, with
interest at ~he rate oi $ Z~4 per cent per annum from date until
paid, in installments as follows:
THREE HUNDRED (300) equal monthly payments of THREE HLNDRED FIFTEEN
and 39/100's DOLLARS ($315.39), with the first payment to commence
September 14, 1976, and a like sum on the corresponding day of each
Iike succeeding period thereafter until the whole be fu21y paid.
Each instalZment shall first be applied in payment of i.n~eres~ anc:
then on the u*~paid balance of the principal sutr..
A late payn~t charge not exceedir~g 59'o Of ~~ZlIIql]E21t ~~'T:t Si'.311 tJQ 2GtC':~a .
to each installme~t r~~ r~ ~~,mpaid five days after its due date, ar_d z liZce
stan shall be adcled to each such installment remaining v~paid five c'~ys aftez-
each succeeding payment date. •
:he maker reserves the right of prepayment at any tiae, in whole
or in part~ w-ithout penalty.
~ If any installment be not promptly paid within 3~ days next after the sane be-
comes due~ then, at the op~ion of the holder hereof. the full amount remair.ir.g due ~pon
this note shall thereupon becorne due and payable at once, together with ali other inde'~t-
edness stipulated in ~his note xr.d in the mortgage given to secure the same.
The makers and endorsers of this note further agree to waive not:ce of nor.-paymer.t.
pretest and demand for payment. and in case asit shall be brought for the co~Iec~?on
hereof or the same shall be co:iected upon demand of an attorney. to pap a~S expenses
of such collection, ;ncluding a reasonable attorney's fee thereon.
Proceeds~ 4D,000.00
Recotding costs . . . . . . . . . . . 148.00 /s/ MfARSHAI~, M . MILLER
Abstract Go:ztinuation (apprax. 35.00 ~arshall M. Miller ~S~AL)
Elmamt Financed........... 40,000.00
Finance Charge. . . . . . . . . . . . 54. 617 . 00 / s / MARION E . MILLER
Total payments............ 94,617.00 _ 1 . ~e~_ (SCAL)
Atmual percentage rate.... 8 1/4
STATE DOCiJMENTARY STArIl'S IN THE (SiAL}
AMOUNT OF $60.00 ATTACHED TO ORIGINAL r~ 2~3 P~GE ~~AU
NOTE AND CANCELED . - ~
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