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PROVIDEn. ALwAYS, thit ~f ihe tifo«~~sor •h~ll p~y unto ths Mort~a~es the ~odebtedncss evidenced pr a
cetu~n pan~ssory note wh~ch tht tollow~n~ ~n ~rotds aed f~~utet ~s ~ ttue copy taw~~~
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; i S 4,,100.00_ Fort Pierce. F~o~;~ October 9 1978 ;
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~ I~ FOR VALUE RECEIVED WE, iointly and severally promise to pay s
' to the order of LLOYD NEEDELL ANU SHIRLEY 1~IFEDELI~, ~iIS WIF . - ~
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the priixipal sum o( F'ni~ THOUSAND ONE HUNDRED ----------------------NO/100 pp~(,ARS, ?
together v?ith intcrest thereon from date at the rate of teo percent. per annum wuil maturity. both principal and interest being ;
payable in lav?[ul muney of Ihe United Stales at 224~3 Kiscayne Bl~~d., Vi~mi, Florida, or at such other place as the holden hercot ;
` ~ may designate in v?•riting. Principal and intenst payable i~ installmentc as fullo~~y: )
~ EIGHTY ($80.00) DOLLARS per menth beginning on the 15th '
and conCinuin an the 15th da s
~ day of December, 1978, g Y t
~i of each and every~month thereafter until paid in full. ~
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Thi~ nole may t?e prepaid in whulr ~x in {url at an~~ lime upw~ pa~mrnt uf a prnally equa) tu ei~t percent ot lhe prineipa) aum prcpaid. ~
Fach irutallmrn! pa~mrnt J~al1 Ir creJiled fint .~n Ih~ inlcr~st Jue. and U~e rrmaiu~lcr un princ'~pal: aad iaterat ~hall the~eupon eean"~poa ~
I ~he ru~eipal so e~edilevl. . #
71~e maAen ani! enJucser~ u( Ihis oul~• IurllMr agrce Iu Nsi.e Jrmaud, noti~e ut nun•pa~ment aiN! protai. sad in lhe errnl wil shal) be brou~ht ~
i~,r t cdlectim hrrcot..r ~he sam~ h~. lu !K «~Ilect~J upon JemauJ of an attorney, tu psy rcasonaWe attorner's (ets tor makina such cdlretion. <
[kSrr,reJ pa~me~ts hereunder ~I~all brar interr.t at Ih~ nt~ 01 Irn p~rcenl per annum G.~m malu:ity unW paid
Thi+ note is securrd by a miKlRaXe of e~'en Jat~• h~rewith anJ i~ to tK cun>Irucd and euforc~d accurdin~ to the laws uf Ihe State o[ Florida; upun
JrfauU in Ihe pa)mrnl uf priuciFal aml'or inlne~l whru dur. Ih~ whd~ ~um ui principal aad iute~est rcn~ain'a?t unpaid Jull, at I~op .Uon ot the
hdJen. (xeome immedutely due and pa}at,le. ~ `
- s / ~ ~h A~~
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~ (SEAL) ~
PrcpareJ b) ~tank) N. tipiclrr, :~Itirney-'~~10 lii:ca~nr ltl~d_. ~tiami Flurida
and shall periorm, comply r~th and abide by each and evecy the stipulations, a~reements, conditions and cove-
nants o( sa~d prom~ssory note and of this deed. then th~s deed aed the esta~e thereby cceated shall cease and be
null and void. .
1. The Mort~a~or hereby covenants and a~rees: .
1~l To a1r •11 snd s~n~ula~ the or~ncipal and ~nteres~ and otAer swea o! ieoncY p~Yable by vutut of sud prom~s~ay note and tAu
dced. a e~~Asr. pon~ptly an the A~1s rtsPec~~vely the s~n~t severslly secomes due.
ls) To oer~~~, cos~u a sr((sr no ~~ste a~d to sa~m~~n ~Ae ~m~ovemsnts at ~Il ~~~cs ~n ~ sute of ~ood rep~~r ~nd con0~~~on, ~ed ~o
; Ao w oersN to ~e doet to s~~d pewut~ no~A~n~ tMt ~~11 aUtr m cAae{e the we ~nd cA~acte~ ot sa~d poper~y a m~ny ~aY ~mp~u a
~eaken ~Ae secw~tr of ihu ~a~ti~s. And ~n csss of ~he refYSSI. nstlect a~nab~lur of the Mort~aaor to reps~r aed wa~nt~~n s~~d prooer-
i ~y. ~AC Ma~N~ee ~uY. at Ais op~~oe. ie~ke s~cA rePaus or esuae A~e s~we ~o be ieade. sed ~dr~nce woneys in tA~t beA~l(.
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j Ic1 To pafr ~11 +ed a~ni~lu tbe ~saes. ~ssesseients, lev~es. I~~b~1~1~es, snd obl~~~aons ot erery natwe ou s~~d descnsed pooerty esch
k and eveer ~Aen dYe ~M ~sy~ble ¦ccad~n~ to Is+~. se(ae ~Aer atcowe det~awent, ~nd to del~ver to ~Ae Moryatec on a Se(ae MarcA
IS~A of e~cA rea~ ~aa rece~P~s t•~denc~n~ tAe PaYuunt o! ~11 lar(ullr ~wpsed tsaea tor tAe preteA~a~ c~lendu Ye~r: to ~ndewmfy ~Ae
I Mort~~~es ~ra? his Jes~~d tor all ~sses. •rsssassms aud cA~r~e• ~Aat ~ur bs •sstssed u~on tA~s ieo~t~s~e on tAs ~ndesudness a•.
€ c~reA hersbr. and M~a or tAt ~orta~{se. ~~thori rs{ard to aay 1~~ Aereto(ore e~~cted or hsre~tur io ?e ssac~ed ~sps~n~ ~~sent ot
~ Me .sols « asy tin iAer~of ~oan iAe M~~~a~ee.
~ (dl To ar ~II snd a~n~~l~r tEs cos~s, ch~r~es and ea0en~es, ~nelud~e~ I~~yers' tees and ~bstr~ct costs re~so~sblr incur~ed ~+r p~~d
~ any ~,~ne ~y ihe Ma~~a~es bec~~~e of the f~~lure on Me part o( ihe Ma~~a~or to per(am, caaolr ~~eh and a0~de by e~ch ~n0 every iAe
~ su~wl~~~ons, a~rscn~eets. coedmons a~d corensnts o( sa~d proniusory note and tAn deed, or e~1Aer, •nA every s~CA'p~ymem shall Dear
~n~c~es~ (rws d~te •t tAs n~e o( ~en / IOS) pe~ cem~A per annwn.
~ le) 1~ f~rlAet crrt~~~t~ aM ~~rsd ~r s~ia Mn~e• U~t i~ W s•s~t o( s iwi bci~ iiuti~~uA to (oreclese tAis sort~~~e. the Ma~-
~ ~s{ee sMll be s~citk~ w~~plr ~t ~q ti~e oe~din~ sneY toreclw~re ~rit te Me cowt Iw~is{ j~risdiet~m tAereof !a Me ~~o~nt~ent
~ of ~ ~etei~er d dl ~M ~iyrlu tAs sor~~a~N /ro~sny. uW of ~11 reeu. iscowe~. Kolin. i~i~sa ~~d rerssYe~ ~Asrcd. fro~ .hatsoe•sr
~ sonres den~tl: a~ tA~ts~/ow ~t is hersbr sa/t~~~ly covsuatN •a0 ~iresA ~Y~t 1As Co~t s~all fottA~iW ~Moiat ~rcA rece~~er ~~~A
~ tAc uwl p~ers ~s/ ~rtie~ of recei~crs in lite c~~si: ~~0 ~~i~ ~/001111~tA! sb~ll be w~~e ?r We cowt u~ watter o/ strict ri~At to
tRe Mor~~~~ee. ~wd ~i~bor~ refsrenee to the a~e~wcr or in~dcquacr of d~e r~lre o( tbs ~tootrtr I~ert6r ~at~~~sa. or to ~Ae sol~eacr
$ a~ iaselts~tlr of ~As Mat~~{x~ at ~sr otba j~ttp aefe~d~et to ~rcA i~it. 1U~ MorWtot UstsbY ~~seific~llr r~ivei We ri~Mt to ob~eet
~ to tae •hoist~es~ d a rstei~e~ •!e?ts~id ~M Aetslr s:~etily can~tats 1A~t •YtA •~oiet~e~t sD~ll be ~sAs ~Aw~tted eq~~tr
~ •nd ~~ttsr of ~liol~tt riyu te d~e MortN~es aad that tMe s~we Mlr be Aoue ~rithort notice te the Mat~~~or.
(f) If fwsclw~rs /roc~Ni~~s sAoYla ?s isatiwld ~i~iiut tAe pe~erqr eover~A !r tAi• ~xt{aLt rpia ~nr o1Aa lien w clti~~ ~rhetAer
~ ~IIs~sO to ?e ~roenor er jweier to d~s lies of thi~ ~ortp~s. tAc Mort~a{se war ~t A~s o~tiou iwwsdutellr ~row ~mtll~uon ot s~cA s~i~
~ a Iw~n~ tAe pwOei~cr 1Yersef declut tA~s ~er~~a{e ~sd tbs ia/e?tedn~~i •ec~rd Aasbr dre uN w7~ble fath~~tA and a~r ~is
- ep~oa ~ocssa to forecless t~ii ~atp{s.
i (V TAat tis Mort~{o~ ~ill tee~ NI red ~M Oeno~~l ~ro~ert~ w~ w Asrsafter s~ewbstM ~r tAs Gee of tAis ~at~~~e ~ns~red ~s war
~ ?e rspi~d ito~ ti~s q tiM hr tMe Mata~{ss a{~i~~t les~ hr fire. ~nedstan~ aM otAer A~suds. e~~wl~les ~~A contis~encies fo~ s~cA
~ ~~Ms ~u~ ta ~ot Isu d~s~ ~rcL awowu• u Mf M rswued ?y tbt A/ort~{~e io ar ~o~~lr rAe~ AYC dl ~ea~rws fa srcA
a insYrancs. TM ~~N1Mt~ N iM~Mtt ts~n~reA ?r tLt Mat~~~te ~l~11 ~e tAs wiei~w ~~oaw~~ (a ~~~cA s~~d ~n~rnnce aA~ll bc ~nttsa
5 ~n/ ~t sA~ll Y~ ~wewYs~t ~ d» Mery~tor te aiet~i~ ~rcA ~iuauN ~u~rr~~ce ~s ~r be necess~rr ~o weci ~n/ cowpty f~llfr ~~U~
~ •11 co~~~u~nwce rsqrirs+~~t~ ea~t~iws~ iA s~iC pticis~ to ths sM Uu1 tAe i~iA Mortp~o~ i~ no~ ~ co-isa~ua iMsrswWe~.lna~u~~ce
alull ~e oritts~ ?r ~ c~~~r er coyM~e~ ~//rwN er Is~~~utd ~y tUs Ma4~q~ ~~d ~11 pl~cis~ aM rsss~~lt ~httsof sMll be ~eld
: ~y ~M Mat~yss. All ~tt~i1N ~s~i~tiM~ b~ Uw Ilat~~~or ~rAieA us accs~tN Yy tks Mertp~ss ~N dt yr~ewse~s Nt.ses Ilat{asa
~ aM Wr~{y~e rd~t~n~ te i~~nn~ee. so~ eautin~ K Asrs~hcr wM~. Nall Ys in ~ri~iss ~M ~1?~11 ~e ~ Nrt ef tAi~ ~atp~s yres~sat
u f~llr u tOo~yA ~st fxtA ~M~ti~ Aers~s ~M ~11 ~mrsrn lotA Mrtis~ Aersa ~nA da~r srcces~e~s uW un~n~. No 6se ~pe .ur o~
~ u11 plici~~ et i~~wu~cs x~~~1 refww a ~~tww ~e~~w~ Aid Mr ~e Mrdls ~ a< <..«n.~~~ ««..~A.~~~ u~«.er. sA~ll
~ ~e ~~vsw to otAer M~w Uw Yert~a~se. eatsPt ?r Me/st sn/a~s~s~t ~(fiael ee .reA ool~cy ane .~o.ee ~r M«~utes. E•c? ooncr et
~ ~~~rr~wes rAall b•s dfus~ tAe~ea a Sud~r~ Ner York Menpps Cl~ws •itMert Cowviwuan. watiu~ dl loss a tes~es undcr srcA
~ ~icr NrNlt te ~As Mot1M{ts iti ~~~ereat ~r q/s~. b W s~u1t ~y w i~ e( ~tr bstows /~lr~elc tAerswWst tAe Mor~•
~ ~~{se ~A~11 A~vt ths orua~ t~ rsce~rc •uA •hly tMs aMS e~ ~eeawt~ef d~e uwsNcdws~s Aerebr sscws0. w ~o ~sne~t iAc MrK~~~~w
~ te rsee~~s~ ~M ws ~t, or ~nr pr~ tAsreof. ~itAor~ d~sts~r ~~i~ia{ a u~i~~a{ ssr sp~~~r. I~e~. a n~M~ w~der ~nd br •~rtYC o( ~A~s
~ wut{a~s. W e•sat of Iws a t ~ ~ f Mt~ ~•1~ ~~•e ~~.we~~•~c na~ce ~ers~ sr n~a~~ ~o
s ~fiic~l d~sa c~e ~Ae ~xt ~ s~ rt tAe M«t
Ma Mpy~{es and ~A~ Mnrtp~ec w~r ~tc poot of loss d IAc s~we ~s ne~ w~de po~pUy by ~Ae lAa4~ta. In e•en~ of taeclsswe o~
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