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~o ~ue and to ~lotd Itis soms, togef~~er wtlti !he fen~menft, hK~ditum~nls nnd oppu?l~-
nances !{~erefo be~onging, an~ fhe rent:, ts~ues and prof
tts fhereo~, unto !tis mortgn~e~, in ~N ri~np~t.
. n11l~ f~e morfgngor covenanfa wllti ff~• morfpuge~ fhel fti~ morlgogo? is ~nde%atib~y aetud ol sald
Iancl in (ee simple; ~Rat th. morlgagor has good rigl~t nnd Iaw(ul authorlly lo c~onvey ,atd bnd ai %n-
suid: iha~ the morfgagor wi~~ make such ~urther a:urancei to per~ecf t~~ /e~ stmpb ttll~ to said lund in tl~~
mortgagee as mny reasona6ly 6e required: t6at fhe morlgagor hereby f ully wamanb Ih~ tit~ to said land
und will deJend ti~e snme againal the luwjul clatma o( nll person; w1?omsot~er; ond tI?at satd Iand ii jro~
n~d clear o/ all encum6~ances except for Ad Valorem taxes to December 31, 1975.
~~s~ that i/ snid mortgopor sknU pay unto satd nwrt~ag~e 11~e certain promia-
sory nofe ~eereinaffer su6stantiully rnpied or identi(ted, to-wit: I ~
.
MODERNIZATION NOTE ~
hp, 2Q-3113_
~8 ; 4, 341. 60~
Fort Pierce, clorida Septemt~er 28~__M__.__ ~g 7fi
FUR VA4UE RECEI\'ED ..~VE.__.___...__ J01~1~LY A:~D SEVERALLY. PRO~iISE TO YA1 TO THE ORDER OF
FIRST NATIONAL BANK OF FORT PIERCE, FORT PIcRCE, FLORIDA
hereinatte~ ulled "Bank;' at its otEice at Fort Pierce, Flo:ida
i che sum of _k~.QUR THOUSAND__THREE_HUNDRED__FORTY._ONE AND-
_60~100 DOLL~RS
(1'OTAL OF PAYME~TS) in ~_`_~8._..__._ monthly instalments oE ~ 90. 45 ~x ~a~, on the ~~Lll._ dar
oE each successive moneh com:nencing on ,___OCtober 25 19 76 together with a BALLOON PAYMEN? in the
amount oE s_..11Tane_____._..____~ due on Al.one__-.-»_ ~ 19~_. All papmtnes made henundet shall be uedited
tint w ineerat and law[ul charges then accrued and the remainder to principal. The amount oE this note includa the proceeds
of j~~5QD~9---_ plus oeher chuges (Describe) ~__N.nne_ of s._Dlon~e
(raulting in an AI~IOUNT FINANCED oE s~f5~.0..-~d-~-) plus a FINAIvCE CHARGE of s 841 60__, (Nhith amouat
induda interest oE 5~-1-.6-0___.____ and other charges (Describ~) ~ Nnnp
oE s. None r~utcing in m ANNUAL PERCEtiTAGE RATE of 10
~_~°fo. The 1?iaktr has the right to prepay this
laan in Eull and obcain a re[und of the unearned ponion of the f in~nce tharge computed under the °Sum of ttu Digia" method.
CREDIT LIfE AI~D CREDIT LIFE & DISABILI'TY INSURANCE ('d induded abore) . ARE VOLUNTARY AND NOT
REQUIRED FOR CREDIT. Suc6 insurance oovenge is available at the cost designated bdow for the term oI the aedit:
o (a) tor Credit Life Insurana.
(b) ;_11Tnn,e___~~ for Credit LiEe & Disability Imunate.
~ ~ Gheck appliablc box:
~ ~ Credit LiEe Insurance is daired on the tiEe of -
~ Crcdit Life & Disabiliqr Insuzancc is daired on
~ G
J ~
O V
- - -
' - - (Insuret~
, ~ ~ (Date)
~
~
y
- -
~ ~ ~ (Date) (Iasured)
~ IE [or anp reason any of s~id p~ymenu remain put due and unpaid for a period of trn days, a late charge oE 5c per ~1.00 of
the payment in defauit will be made and shall be added to the monthly pay-ment when paid and the holdcr may at its option. call
the entire loan due and payable should any parnent be put due ior a period oE ten days or more; provided. ho~rever, ttut no
o single charge shall exceed j5 in respect to any one such late papmen~
Each oE us, whether prindpal, suretp, guanntor, endorter, or any other party hento, bereby sevesally ~?aiva demand. protat
~ o and notice oE demand, protat and non-paymm~
~
~ 1?faker acknowledga scceipt of a completed copy of thu Note on the above date.
~ ~
Addras Phone Na Signawra
c ~ ~ ~
fa ~ g.~ ` //,t.~i' f'~/ J
r Res..~.~
L..~_U_~A~_~t- Pier~e~F11. - ~ 'l ~ l'~ .
~ Jimm B. Shattles
~n ~
. Bw n~1n~ ~ , i . - -