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II ~0 ~~fiV~ ~ l0 1{~e same, togPlher wif~~ /he lenemenla. ~erec~itanenfa and appurfe- '
nrr?rp~ l~Prpf~ {rn~~n~in~, nr~i~ ~~P /p?IIR Iff1/Pf nn~ p?t?~N• Itiprw~~, nnlo I~P mn~f~nfjM, in ~o~ sim~~v. ~
~111i~ the morfgapor coupnanls wifh Ihe morlgagee t{~at the mortgagor is inde~easi6ly aei:ed o~ aoid
land in Jre simple: thnt fhe morfgagor f~as good right and lawjul authorily to conoey :a~d la~d as aJore-
said: that the mortgagor u~ill ma~e such Jurther assurances to per/pct the jee simple title ~o ,a~d [n.~d iR the
mort~agee as may ?easona6ly 6e required : Ihat the mortgagor I~ere6y /ully wn?mnls fke title to ,a~d ~?d
~ anc[ u~ill de(end the same agni?ut the lnwJul clnims oJ all penona wl~omaoever, and tl?at ,a~d land jroe
aad clear o( a1l encum6rance~ excepE taxes accruing subsequent to December 31, 19??.
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~ Ii{W~s~ tha! i~ said mortgagor aha~~ pny unto sait~ rrtortgogee the certain promIs-
~ sory nofe her~tnn~ter su6sfnntiaUy copied or idertlif
ted, to-wit:
/INWMy !MM V~f~M M~ M W~M~ ~~h~-rM~M YIiMN4"IN~ N~f-1N.aM~ ~~M~ ~ r~arr~-1w~1
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~•1L.•~'rf .•t ~ j.~'~~r~~I..~ tt~~V-~~:~ ~i~. •~-,~~r'_ ~1~ 1r~~r.'~C1~ 1 R,\!.~r.~~r.~d~.'~?~.~\~.~7?~'~~ w~~?~.'t~• ~
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25 000 00 _...._.Port_St.._Lucie..._Florida ..............Au,gus~_...!!...., 19.78.. ~:j*
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~pr ~~P ~ r intly and severall~? promis~: to pay to ths ord~r :~jr
~etPl~1pi1 the unde signed p
~•~x of _ WAILO LEROY P LLIPS js
~ th~ principal wm of.Twenty_:Five_Thousand.and__No/_100
...............Ddlars(525,.QOQx4Q.........~.
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to9tther wdh mte~~st th~reon F*om date af fhs rate o~ ...........................•---.~er ceN. per annum uNil mstur~ty, ~
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~~,~x said inrorest beiry paYable monthly on the.. Q1~t.DEMAND._.__day of each and ~vKy monlh both prinaps!
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and mter~st sble in lawful mone of the Un~ted States at--------------------------------------------------------------• _
~in9 PaY Y k.;L -
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i .........__.._._...........----....Florida, s.~r
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i s~ or at wch otMr plac~ ss ths hold~r h~~eoF inay desiynate in wriHng. Principal~and iM~resl psyable in install• y~+'•'~
; ji~ fINt11i Of ~ff, \S- ~
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' ~ad~ on the.._ day o( each and every month be ~nru o~ the --------day oF--:-...._.._...------._.., r•~
' P . 9 ~?9 ,
~ ~~wr 19_.__..., and continuin9 until said pnnci al and interest have been paid. Each installment paym~N sh~l b~
~ r inder on rinc" I- and int~rest shsM th~r~upon c~as~
u~d'it~d first on Ih~ ~ntsnst then dw; and Ihe ema P W~~ ,,,,t
~ ` th~ prinap~l w a~t~d. `2T ~ -
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~ y Eath mak~r snd ~ndorser severalF~? waives demand, prolesl and not~ce o( msturity, non-p,rn+.~ « p?a.st a~+d all ~+a
; K~,' auirem~nts n~cusst~? lo hold each of them liable ss makers and endorsers. ' j~~
; Each nykK and ~ndor~r (urtMr ayrNS, jointly and severally, lo pay all cos~s oF coll~ction, includin9 s r~asonabl~ attor- y~
~ x;= tNy s ~N in ws~ th~ principsl of this not~ w anr paymsM on Ihe principa) or any inler~sf fh~r~on is nol paid sf tIw r~spKfiv~ j, t'
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~ mafurify t~r~of, ot in cas~ if ~com~s nec~ssary? fo prol~cl Ihs s~curify hereof, whMhsr wit b~ brou9hf or nol_ i~
a This nd~ ~nd d~f~rr~d int~r~st payentM: shall bear interest a! the rate of p~r c~M. pK anrwm fran malwily ;
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~ , T~Iws~nol~ is s~cwed br a(irst mor19a9e oi even da~e herew~~h and u to be conslrued and tn(oa~d accord'a~ to tM bws y;`~
~ ~`~l` oE t~ Stal~ d Flori~; upon d~(auh in th~ paymeN o( pr~ncipa) a~?d I w int~res~ whe~ dw, 11~ wlwl~ wen of aincipa~ snd ~,1~;
° ie~tK~st r~m~inirp u~id shall, N Ih~ oplia+ d Ihe holder, b~come ~mm9d~alely dw and par;bl~. k,~
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CIaui~e~~W~ ~Price, 'TrueFee' k~ ~
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