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~o ~uc and to ~iotd tE~e same, fopelher with t~e tenements, heredifaments and appu~te-
i nances therefo be~onging, aner the renfs, issues anc~ pro~ita fhereo~. unto fhe morlgugee, in jee simple. ' i
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~ ~LII~ Ihe mortgagor covenants with f1~e mortgapee thot ~hP mortgagor ts indefeasi6~y seized of said '
' land in Jee aimple; Ihal the mortgagor hus good right nnd lawjul authority to convey said land w afo?e- !
saic~: that the morfgagor wi~~ ma~re sucti (uri{~er nssurances fo perject !{~e jee ~imp~e fit~e lo aaid ~and tn !~e ~
mo~fgagee as mny reasonably be required: that Ihe mortgagur hereby ~ully wa?ranls the til~, to said land ~
and will c~ejend ehp same ngoinst the ~awju~ c~airns o( all persons ~uhornsoever: a~d eha~ snicl lnnd is free ~
a??d ~1~~ o~ nll encum6rnnces except taxes for the current year and liens ,
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encumbrances, reservations and rights of way of record.
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i ~~V~ ~ys~ that if snid mortgagor shnll Pay unto said mortgagee the ceriain promis-
I sory note tiereina~ter su6~tn.?no!!y copied or identiJied, fo-wit:
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165 ~000.00 Fort Pierce, Florida------• ~t~~r_..I R----------------- 19__~6.
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~s hereinafter stated
after date. I, we or either of us promise to pay to the order of
T. L. Sloan, Jo Ann R. Sloan!__1Cathryn_.S._..Su~am~er~~___~~_.~~~._,~nn._Slaan_
, One Hundsed Si~cty-five 1'honsand i 00/100 oouluts
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! 1025 Oranqe ~?venue - Fort Pierce, Florida, or
! for valu~ ~eceived, payable at.._..--••---------•--------•--------------------------•---......_.........._..-----•---•------•--..._...-•-----••---------......_._.._.._.
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i Wherever elae the holdera hereo! say _ in wzitinc~ .desic~nate________________ W;~h interest
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~ date 7-1/2 • semi_
from.. _ aythe~ate~of__ ____________per~_ t per annum vntil paid; interest payable_._. ____-~~~lY_
on ~ie~~~first ~a o ril and to~er, each and every. .
Md aach of ut whetl+N mab~, ywrantw w endas~r. Frreby s~v~r~lty w~Fvet a~d renoueKSS any and all hon+as~ead ~sernptio~ rfphts vw
~ miy t+av~ uder ~he Coro~iturion o. laws of t1r Staa of Flaids, a~ny ahe~ Sqt~ or U~it~d Sqtes, a~yainst this noa: ~nd wd~ furtirr vwiw~
~ deen~ed, notio~ d non-p~lrmeM a~d prorest, and in ~wnt it bsoomei mcrs~ary w colket Mit ~oN throtipl+ ~ anorny?, ayr'ws fo WY ~U oosb
~ ~a~~ .«~.w. ~n«r.,r: ~8 a~h default continues thir~y dapa
N d~f~uk 's made in u+Y WY~^t wFwn dw th~e at the optan of the hold~r, and withou~ any othR rwria~, aN ~ nm~i~np bd+na ~
~ ~haq b~ dw and pryabl~ at onu.
~ The said principal sum ohall ba payable 527,500.00 on the tirst
~ day o! April, 1977 and a like sws on the first dsp o! each sixt4
month thereatter until the whole prinaipal su~ be paid in lnll.
~ The within note s~y be prepaid in full prior to Janua?ry 1, 1977.
~fter January 1, 1977, the within nota ~asy be prepsid ia Mhola
~ or in part at any ti~e. Any ewms prepai~l shall be applied to the
then next matnring installments, dne hereunder.
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~ ADAMS R1~NC8 , IHC . SEAL
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~ ~ By: s/ Alto hdams, Jr.
No..-----••---------------- Due-----------------•---------~------------•---•- - SEAL
~ "~"~~Y~e riresident
~ (Corp. S~al~ .
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