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the same, together with the tenements. hereditanenb and appt.rfe-
30 ~iaue rend to ~iotd i
! nances 1{terefo belonging, and the rents, issues and profits Thereof. unto the mortgagee, in fee simple.
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the mortgagor covenants utith the mortgagee thnt the mortgagor is indefeasibly seized of said
~ la?trl in fee simple: that the mortgagor hat good right and lawful authority to rnnvsy said land at ajore-
swirl: that the mortgagor will make such further assurances to perjact the jee simple title to said land in the
it mortgagee as may rnasonably be required: thnt the mortgagor hereby fully wcuranla the title to aaid land
attrl will defend the same against the lawful claims of all persona whomsoever: and that aaid land it f?ee +
' and clr~ar of all ertcumbmnces E'-~'pt ta~oes aOCrulllg subsequent to Deeenber 31, 1978.
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~ ~rouided ~iways, that if said mortgagor shnll pay unto said mortgagee the certain promis-
e sory note hereina jfer substantially copied or identified. to-wit.:
I+onpq~ tMM, t'b. R/hsMr 14rNN M ssesw, Inss~rs•YwMt Ldll{~Q -
Mortgage Note _
s 4.0 0.00.00 - Fort Pierce Fleriaa. March..,•..••._•a,~...•.._•...19.79.
fOR VAWE RKEIVEp tM ursdarsi9nad pranias ro pay to the order of
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JACQUELINE....CARLTQN...RE.R~~91A,~A,1
---------------------FORTY THOUSAND AND NOf 100.--•--.-.--.-_-.-------pollen
the pflnClpal f1M1 Of
10$ date hereof
topethe? with interest rherea? al the rate d... .........................per cent pw antwm from.............-..............
until maturity, both principal end inleresi being ptyable in Lawful liAoneY of the United Stites, such principal suet and intvest payable in inuaifrllents u tolbwu
The sum of $8,000.00 plus 10$ interest due one year fram date hereof; the renaining princi-
j pal balance of $32,000.00 payable quartt'sly in the sum of $2,000.00, plus interest,
ing fifteen (15) months from date hereof, and a like sum of principal plus interest as fol-
laws:
~ 6-26-80 $2,000.00 + interest 12-26-82 $2,000.00 + interest
9-26-80 $2,000.00 + interest 3-26-83 $2,000.00 + intexest
'12-26-80 $2,000.00 + interest 6-26-83 $2,000.00 + interest
1 3-26-81 $2,000.00.+ interest 9-26-83 $2,000.00 + interest x
l 6-26-81 $2,000.00 + interest 12-26-83 $2,000.00 + interest
~ 9-26-81 $2,000.00 + interest 3-26-84 $2,000.00 + interest
'12-26-81 $2,000.00 + interest S
3-26-82 $2,000.00 + interest
6-26-82 $2,000.00 + interest
9-26-{30 $2,000.00 + interest
THIS NO?IE IS NOT ASSUN~ffi~E OR TRANSF~AALE AND IS SUBJRCT TO A(JC~I£RATION IN SUC~i EVII1P.
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Such Installment payments shall be applied firs) to th. interest accrwn9 under the terms of this note and then to a reduction of IM principal indsbledness.
The makers and andasers of this nose further s9rw to waive demand, notice dnon-payment and protest, and in the event suit shall be browyhr for tM
collection hereof, o. tM same tees to be 4olly~ted upon demand of an attorney, to pay reasonable attorney i fees for making such collection. All payments here-
' undegshall bear interest at IM rate of.....1..U..3.....p«cenl per annum from Iraturity unlit paid. This nose is secured by a naApa9e of even date herewith and is to !
t» construed and enforced accwdlny to the laws of IM State of F{aids; upon default in IM DaY~nt of principal andlor interest when dw, IFN whole sum of
_ pr/napal and interest remaining unpaid shall, at tlse option of the ho{ders, octane Iranleosately dw and payable. Falllre to exercise This opllon shall not constitute
"`ti a wslvp of the right to exercise Ina lama in the went d subsegwnt default. ~
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time after date hereof. -
til9nt of prepayment In whoN or to part yrantea wlttsout penalty ~y«.....
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Dayablaat /S/ Russell K. Burd, II IsEAI)
/s/ Nancy S . Burd .......tsEAl)
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or such otFy? place as shall be ..............f SEAL)
desiynsted by tM holde? d Ibis U P
note ,n writing- E<C~CS 305 '':~t~r~~oo ......................................................................................................................15EA1)
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