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~o ~ue ~nd to ~told fhe same, fogef~ier wilti !tie ten~me~fs. ~edita~~nfs anc~ ap~urle-
nanc~s Itiereto ~~P~onging, and Ihe ~enfs, issues anc~ pro(ifs the?cwl. unfs f~~•~morfgngee, M^~ee simp~e. ~
the mo?tpagor covenanls wifh ll~e mortgagee that Ihe mwlgagor is indefeaat6ly seized oJ said
~ Iand in simple: Ihat tFee morlgago~ haa good right and lawjul nutl~ority to rnnuey said la~d as a~ore- .
~ saie~; fhat f{~e morfgagor u~i« make such ~urf~e~ assu?ances to perfPC! Ihe !ee simp~e fille fo snid Ian~I i~ fhs
~ n~orlgagee ns may reasona6ly 6e ?equirecr: lhaf t~e morlgagor ~ere6y ~u~~y warrants f~e fil~ to said lund
I anr[ ~oill de~end the same against the law(ul claims o~ all penons _whomsoe~er; and Ihat snid land ia ~?ee ,
~ a~d clear oJ all encum6mnces except tax~es . accruing subsequent to
December 31, 1977. ~
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. 'J ~~V~ ]~1W~S~ .j.ha~ said morlgagor ahall pny unto saitl mortgagee the ce~tain pro.nis-
~ :o.y ~ofe i~~t~/i~. :ub,e~i~ntlr ~o~t~d or td~t~/t.d. eo-wte: -
E14,500.00 Fort Pierce, Florida May 9, 1978 f
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I, NE or either of us pramise to pay to the order of ;
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C. R. LAIT - ~
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the sum of FOURTEEN THOUSAWD, FIVE HUNDRED and 00/100 (~14,500.OQ) DOLLARS ~ ~
for value received, payable at 502 south 9th Street, Fort Pierce, Florida ~
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upon sale of home coristructed on lot M., Block 13, QUEEN'S COYE, UNIT 1, 33450
by maker hereof or-1 (one) year from date hereaf, which ever shall first ~
~ occur, and no interest charged in said obligation.
~ Md each of us whether make,, guarantor or endorser, hereby several~y
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~ _ waives and renounces any and all hamestead exemption riqhts we ma.y have
~ under the Constitution .or Laws of the State of Florida, or any other State '
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~ or United States, as against this note; and each further waives demand. -
~ notice of non-payment and protest, and in event it becomes necessary to t
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col.lect this note throuqh an attorney, aqrees to pay all costs of collection,
~ includinq reasonable attorne.y's fee. ~
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~ *******If_default is made in an.y payme~t when due, then at the option
~ of the holder, and withaut an.y other notice, all the remaininq balance shall ~
~ be due and pa.yable at once. Pri_vileqe of pre-payment in whole or in part at ~
any time is reserved to the makers hereof, without penalty. ;
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~ 8 R~~ ~ ~ Robert L. Smith ~
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