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>,Litut M~ii W the same, together with the tenements. ~teredifaments and appurte-
nanr•es Thereto belonging. and the rents, issues and profits Iltereof, unto the mortgagee, in fee simple.
l~l~ 1{te mortgagor covenants with the mortgagee Ihaf the mortgagor it indefeasibly seized of said
lamed rn fee simple: tlta! the mortgagor has good right and lawful authority fo convey said lortd w af
ora-
~ said; that the mortgagor twill make such further assurances to perfect the fee simple tills to snid land in the
mortgagee as may reasonably be required: that the mor[gagor hereby fully warrants the title to said land
~ artrl will defend the same against the lawful claims of all persons whomsoever: and that said land is free
artd clear of all encumbrances excepting taxes accruing subsequent to December 31, 1978.
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I ~COUided ~tways, Thal if said mortgagor shall pay unto snid mortgagee the certain promis-
j~ sory note hereinafter substantially copied or identified, to-wit:
MOrtTOAaE NOTE '
Fort Pierce t t.,r..:..
~ 7,000.00 January 10 79
FOR VALUE RECEIVED, the uadersigned~ (jointly and severally, ?f mur. w..., uu. , ;'•'~n:•i' , to j.a, :u .
JAMES 0. OSBORNE and ELIZABETH V. OSBORNE, h1s wife . ..r order, ur the :nanncr hereinafter tpecitied,
the priattipal sum of ---------------------------------no/100 DOLLAR
SEVEN THOUSAND and---------~ - _
t= 7,000.00 )with iatenst trap date at the me of 8-3/4 per cent. per annum urr the bat"914 uCrawfish St.~ABC aZ'bbile
The said principal and interest shall be payabk in lawful ttwney of the United States ut Anrcna? at
'-tome Park-Fort Pierce, FL or at such place as may herratter be des~~nated by wnurn outset iruu? the huWer to the nrakcr hen•ut~ un
the date and is the manner following:
•
Face Amount of this Note and Mortgage payable with interest
thereon from date at the rate of eight and three quarters _
percent (8 3/47L) per annum for a period of fifteen (15) years
in monthly increments of $69.97; the first such payment will
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be due and payable one month from date hereof, thence continu- !
ing monthly until paid in full. -
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Mortgagor reserves the right of prepayment without penalty;
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r ~ This note with interest is secured by a mortgage on real estate, o[ even date herowhh, made by thr ntai.er hereof in favor of the sail
payee. and shall be oottstrved and enforced accordtr?g t0 the laws of the Sate of Florida. 'l•he terms ut satd mortgage are by thin reference
{ rands s part 6ereot.
~ It default be made In the payment Ot any of lbc iumt Ar tAterett MCUtlpnrll 1?.~rrU1 v~ .q uWrl~.+rr~ t•f IN tlrr ~N'IturltlaUiP u1
any o[ the agreements contained boon of in said rtwrtgage~ then the entire principal sum salt accrued interest shall at the uptwa of the
` holder herrot become st once dos sad coUeetibk without notics~ time beinK of the essence- and said principal Burn •n~l accrued snterr.~
shall both bur interest from such time until paid at the highest rate alkrwabk undo the- laws of the State ut Florida. Failure w eaerctsc
this option shall not constitute a waiver o[ the rtgbt to exereue the :stns in the sweat of say subsegtseat default.
Each person liabk hereon whether master or endorser, hereby waives presentment. protest. notiu notice of protest and notice of dis-
horror sad agroa to psi all cosu. including a rrasonabk attorney's tee. whether suit be brought or not. ir. after maturity of this note or default '
hereunder, or undo said mortgage, counsel shall be empkryed to collect this note or to protect. the security of uid mortgage.
Whenever wed herein the terms "bolder". "maker" ar?d "payee" sb?U be cons~~ the :sago or pl al u the context nuy .
require or admit. ~ i'
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Maker's AddGe 301 ~ 1455 _..R..-....... ....................~~EA ,
g~, Fl!~;~ ....t..... ~ ...................(SEAL,
i c/o 911,. Delaware..Ave-Port_Pierce~._FL.33450 . ...........w ••,.,,,,-,•,............................---.....................(SEAL)
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