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I~ 30 ~ue and to ~iotd !he same, togelher w~?h Itie fenemenfa, herecrifamenl~ and nppu~te-
. ' nances ftierefo f~e~onging, an~I fl~e rents, issues antr pro~ila ftiereo~, unto !he mortgagee, in ~ee simp~e.
• ~ . • / ~~w li~..i ! ~s a ~f~ !F4l3~ if~ ii~~~ •
i i iss a~i iiiJt i„Gl~j'.~T : u'i~C-i:u :a5 ii~ CaZi t. c s~y:.~Y ~ !!!-'3~.=y=.;j-_^-! t= R3~-f
I ~an~ in fee simp~e; f~~af fhe morfgapor has good righf and IawJu~ auf~ortty lo convey :a~d to~d as ajore-
~ sai~: f~iat Ihe morfQapor u~i~~ make suc~ f urfher assumnces to pe~PCt tfie (es simple titls to aotd land tn f~e
mo?t~a9ee as may reasona6ly 6e ?aquired: ihai the mortgago~ hare6y Jully warrants Ihe fiilo fo iaid land
~ a~~d- u~~ll dPJend 1he same against the Inw(ul claima o( all penons whomsoever; and thnt aaid lurtd ts /ree
anc~ c~ear o~ all encum~rances exeept SS O~ pU~~~.C reeord.
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~ ~V~ Ii~W~s~ t~iat i` said mortgagor :hnl! ~y w~eo said morfgagee tf~E certnin promis-
iI sory not~ It~ntnn(te~ substanfiu~~y copied or identi~ied, to-u~it:
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F',i:P1.ACI~:MI;N7.' Nc)'I'1: I~UIt NU'CI: NO. :~/+?73
~40,000.00 Fort Pierce, Florida May 19 lg 76 '
FOR VALUE R~CEIVED. the undersigned. j ointly and severally, promise to pay to the ~
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order of First National Bank of Fort Pierce ~
P. O. Box 970 at _ I'ore Pierce, F}orida 33450
the ~principal sum o! FORTY THOUSAh'D and no/I00- DOLLARS, with
interest at the rate of ~ per cent per annum from Avril 12 . 1976 until
paid, in instailments as follows: 61 monthly payments as follows :
60 monthly payments of FZVE HUNDRED SEVENTEEN and 59/100's DOLLARS j
($517.59) each with the first payment to commenceJ~se 12, 1976 ~
and continue on the corresponding day of each like succeeding
period thereafter until the 61st payment which is a BALLOON
li PAYMENT in the approxi~ate principal balance of $ 24 643_28 ,
~ plus accrued interest, if any. Each installment s a zrst e
applied in payment of the interest and then on the unpaid balance
f of the principal sum.
j A late payrn~t cti~ge not exceeding S% of the deliriquent payme~zt shall be
~ add~d to each installme~nt r~~ n~ ~~paid f iv~ days after its due date , aid
~ a like sum shall be added to each such installme.~t r~ning tazpaid five days
after each succeeding pa}?mez~t date. THE MARER RESERVES THE RIGHT OF PRE-
~ PAY,uEi~T AT ANY TIME , IN k'HOLE OR II~ PART , WITHOUT PEL~ALTY .
If any installment be not promptty paid within ten days next after the same be-
comes due, then~ at the option of the holder hereof, the full amount remaining due upon
this note shall thereupon become due and payable at once~ together with all other inueb:-
~ edness stipulated in this note and in the mortgage given to secure the same.
~ The makers and endorsers of this note further agree to ~aive notice vf non-payment,
~ protest and demand for payment, and in case suit shall be brought for the collection
= hereof or the same shall be collected upon demand of an attorney, to pay all expenses
; of such co!Iection. ;ncludins a reasonable attornfy's fee~reon.
~ THIS IS A REPLACEMENT NOTE. ~ ~
No documentary stamps required. (SEAL)
' Stamps on original note No. o ert . a, ic
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~ 34773, .
4 r, ~ ~ r. ~ (SEAL)
~ nnette Padrick
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~ (SEAL)
~ r, p r-
~ E;~~ FAGE
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