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~o ~~we and to ~totd 1{~P same, lo~elher u~ith f~1i ~teAew~~ttft.,~e?ef~1~11s and appu?fe ;
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nar~r~~s I~PIPIO ~~p~on~in~, nru~ I~t? rnnfs, issues an~ pro~ils Ihereo(, unfo ihe morfgag~e, !n jee almp~e. ;
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~ the mortti44~or cover~anls u~ilh tl~e moNgagee 1{~at Ihe mwtgagor is inde%w~61r :eizv~l o/ sa~d ~
~ land in fee simple; that Ihe morfgugo? f~as good ?igl~t and Iaw(u~ aulF~ority to rnnuey said Iand as ajoro-
! saic~: Ihal t~ie morfg~~o~ u~i~~ ma/re such jurther assumnces to pe~(rc! fhe jea aimple ttt~r to satd lund 1~ ll~s
~ mortgagee as mav reusona6ly be requi?ed: l~at t~e morigagor ~ereby ~ul~y w~anh t~e Ill~e to satd land
i u~u~ u~ill dejend Ibe same agai?uf ihe law/ul claims o~ a11 penons whomsoever: and that ~a~d land u
~ and cle~r o/ alI encumbrnnces ~
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~rouided ~tways, t~~at i( saic~ mortgagor s~a~l pny unto snid mortgagee the ce~tain promia-
sory nofr hereina~ter su6s~antially copie~ or ic%nfiJiecl. to-wit:
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INSTALLMENT NOTE
;:195,OQO.QO Fort Yierce, Flori~.+ '
October I , 197b
For value received we, jointly and severally, as principal promise to pay
without defalcation to the order of StEPf~I A. MISIK, JR. aryd FRANC~'S C. MISIK
at the office of said payee in Fort Pierce, Florida. the sum of ONE HUNDRED
~'ORTY=FIVE THOUSAND ($145,000.00) DOLLARS~with interest from date at the
rate of 9~ per cent per annum, payable as follows, to-wit:~
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Payments of interest only in the amount of $1147.72 on
November 1, 1978 and December l, 1978.
Commencing January 1, 197s, the sum of $1691.30, including
interest, and $1691.30 on the lst day of each succeeding
month thereafter until the whole sum named is paid.
Each instaZlment first shall be applied in payment of the interest and then
on the unpaid balance of the principal sum. If default is made in the pay-
ment of any installment when due, then, at option of the payee all the re-
maining installments shall become due and payable at once. Privi2ege is given
to pay two or more installments at any time.
Should it become necessary to collect this note through an attorney, either
of us, whether maker, surety or endorser of this note, hereby agrees to pay
all costs of collection, including a reasonable attorney's fee.
The makers, sureties and endorsers hereof severally waive presentment, protest
and notice of protest for non-payment of this note and agree that the time of
its maturity may be extended before or after maturity and do further severally
agree to any renewal thereof before or after,maturity, without notice of them.
, (Seal) ~
a er . ass ow
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