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MORTGAGE NOTE
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~-14,_044.OIl------- ~e~A~$e~ac~ Florida March--------s-1977__
FOR VALUE RECEIVED, ~e undersigne~ ( joindy and aeverally if mon than one) promisc
to pay to the order of ~~ARTIIJ F. CARLIDGE and AGNES W. CARLmGE, his wife
at 1155 U.S. 27 at Sebring Hills, Sebring, Florida 33870
the principalsum of TEN ~HOUSADID AI~ID NO/100-------(510,000.00)-----------------------
DOLLARS, together with interest thereon from date hereof , at the
race of Eight (896) per cent ~per annum unti~ maturity.
Payablc as follows:
i "
I Principal and interest payable in two (2) annual installments r~~ith
~ first such installment due and payable with then accured interest
~ ~ one year from date and a second and final installment of the
~ OI~M~ ~ balance of principal with then accrued interest due and payable
! at maturity two (2) years fram date hereof.
(
~ t ne inajcers and endors~crs of this note furt~ur agree to ~rsivt dea~aqd ~and notice of
non-paymcnt and proces~ and in case suit shall be brought fo~ the colloction h~c~coE, or the ,
same has to be collected upon demand of an attorney, to pay reasonable attorney's fees for
~ making such collection; and agree that in the even* oF default in the payment of any indebted-
ness due hereunder for a period of thirty days the whole of said indebtedness shall thereupon,
~ at the option of thc holder of this note, become imm~diatcly due and payable. Deferred
` intcrest payments to bear interest from maturity at ten per cent per annum, payable semi-
} annually. Fayee grants Payor the right and option to prepay in full at any time
~ without greTiwn or penalty.
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f . Q~ ~j ~f `'_!t_: _ ~ ~ il ~~cj.-=----- ~ ~1 ~
~ " ~t~'~"" ~ ~ ~'J. Bernard Christenson
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6 . ~1-:~a! ~C-« ~w_~1c=_[SCk
i'"w'.i.~:'.'~L7C~~
~ , Virgit4ia E. C1~ristenson
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