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~o ~iAUe and to ~totd the same, t«~rtl,er with the fe?~emenf~., ieredilpayrnfs Fnd appurfe
names (hereto belonging, and the rents, isu?es and projils Ihereo(, unto the mortgagee, in Tee simph.
iUL1~ the mortgagor co?~enanfs u~ilh the mortgagee Ihal the mortgagor is indNjPasibly srized of soid
(and in (ee simple: that the mortgagor has good right and lau~Jul authority fo convey said land as aJo?e-
said: Ihaf the mortgagor will males such f urther assurances fo pe?jecf Ihs (et simple title fo said land in the
mortgagee as may reasonably be ?equtred; that the mwtgngor hereby /ally wannnts the lisle to said land
a??d will defend the same against the lawful claims of all penoru whomsoever; and that said land is free
and clew. of all encumbrances except taxes accruing subsequent to December
31, 1978.
~COU~ded always, that iJ said mortgagor shall pay unto said mortgagee the certain promis-
sory note hereinafter suhslnntially copied or identified, fo-aril:
puce; T SSORY NOTE
$ 70 , 000.00 Fort Pierce, Florida, March 3 19~
For value received, I, we or either of us, promise to pay, without
defalcation, to the order of FLORIDA BAi~ AT FORT PIERCE, 501 Orange Avenue,
Fort Pierce, Florida 33450, the sum of $ 70,000.OOwith interest from date at the
rate of 4-3/4 per annum, in monthly installments as follows: $ 623.80
on the day of July 1979, and a like sum on the correspon~g -r"-
day of each month thereafter until the whole be fully paid.
Each installment first shall be applied in payment of the interest and
f then on the unpaid balance of the principal sum. If default is made in the
~ payment of any installment when due, and such default continues 30 days, then
~ at the option of the holder, and without any other notice, all the remaining
~ installments shall be due and payable at once. Privilege is given to prepay
this note in whole or in part at any time without penalty. Neither forebearance,
nor acceptance by the holder thereof after any default in payments hereon, shall
be deemed extension. A late payment charge of $ 31.19- , shall be added to
each installment remaining unpaid 7 days after its due date, and a like sum
shall be added to each such installment remaining unpaid 7 days after each
succeeding payment date,
Each maker, surety and endorser hereof, jointly and severally, waives
demand, presentment protest and notice of protest for nonpayment, and further
~ agrees to any extension of time of payment, either before or after maturity,
without notice to any of us; and to pay all costs of collection, including a
reasonable attorney's fee in the event of any default hereunder, and hereby
severally waives all benefit of homestead and exemption under the constitution
r and laws of each State of the United States, as against this obligation or
any extension or renewal hereof.
Witness the hand and seal of each party.
/s/ William F. Starling --CSEAL)
William F. Starling
/s/ Elise S Starling (SEAL)
Elise S. Starling
ao~I~4 ~~~09
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