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~0 ~ZAV~ ~ W !~s same, fogefher w11h t~e teneme~fi, hereditane~ts and appurfe-
nances Il~preto tielonging, anc~ t~e renf,~, issues and pro~if~ f~ereof. unto the mortgagss, tn ~es simple.
~ the mo~lgagor covenants wilh the mortgngee lhot tha ~nortgago~ is indeJ~.i6ly~seized o~ satd
land in j~e simple: f1~at t~e mortgago~ has good rtgl~t and lawju~ authority to convey ,atd land as ajoro-
said; that t1~e mor~ga9o~ u•iIl make such Jurthe~ auurances to pe~i•ct tke ~ee stmple ittl~ to antd Iand tn tke
morlga9ee as may reasona6ly be requtred; thut the mortgagor h.re6y /ully u~orrnnta the tttle to :aid lo.~d
and will deJend the swne ngainst the Inu~~u! clatms of all persons wl~omaoever: ~d ekae satd land ia Jree
and clear oj all encum6mnces except those t8XE3 accruinq subsequent t0
December 31, 1978 and~documents recorded in Public records of
St. Lucie County, Florida.
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~~V~~ II~W~ys~ fhat i~ saic~ mortgagor shall pay unfo said ntoHgagee fhe certnin pron~is-
I sory note hereinajter su6atnnlially copied or idenlified, to-u~it:
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_•sap~ WM, f~ I+~M~ tif~ +~"~oaMS iww~rs~~r~~• bc4e~1 ~ SEMINOLE FORM ~7
, ~ Mortgagt Nott , _ ,
' s .6.~.500...00 F.t-R- -.Pierce.., na;d.---....._.. ~.~I..L~-~--~ 30. ..~9 7 i
fOR VAIUE RECEIVED tM undersiynei pomises lo pay Io Iht «d~r d
_ BACKU$....EN~ERPRISES., ...INC___:_._...........-----
( rM pra~c~pal swa d........S~X...THOUSANII...FIVE. HUNDRED... .(~$6.i 50.Q-..QA.~..._..-....-~._..- oo1~s?:
; ~~.rti« ~h ~MK.u ~n«.a, ~....~...5.$.....---..w? ~.M o.. i.~..._...the...above._..date.,
un~d ~urity, bolh principal snd inter~st beir?p paYabl~ in Lawf~d Mon~y of the UniteQ Sl~~~s, wch pincipsl wm and intaest paysbl~ in iostallmeMs as lollows:
~ Sixty monthly installments of $136.52. The first such payment due one
' month from the above date and continue each month thereafter until
~ principal and interest are paid in full.
; Makers reserve the right, if this note is not in default, to prepay any
~ i amount at any time without penalty.
~E Such insbqment psymsnts sMll b~ sppG~d tvst Io tM ~nta~st accruiny und.r tM ~.rms d this no~~ and ihen ~o a rsduct~on d rM p.i~upsl indeb~edneu.
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f Th~ nsken and ~ndwssrs d Ihis rw~~ (urtMr syrN lo wsiw d~mind, notice d non-p~rnwet ~nd pro~~st, u~d in IM ewN wit shs11 t» brouQht fo~ tM
~ collection h~.~ol, a th~ ssrn~ h~s to b~ colbct~d upoe demsnd of sn ano~n~y, lo paY reason~bb sflorn~s ~NS (w mskinp su[h coll~ciion. Ap paymeNs her?
~ u~der sh~ll b~sr id~rat ~t tM rah d.._...Z.U.....p~rc~nl pa ~nnum trom m~Mifp unt7 p~id. This noN a s~cured by a mortyays d~wn dat~ her~wilh and is ro
! be constrwd and enl«ced ~ccord~np 1o tlw 4rrs d t!w S1st~ o( ibrida: upon d~isuM in Ih~ piym~M o( principsl and~a int~resl wM~ dw, tht whol~ wm d
; ~ princ.p~) and inlerest r~ininp unpaid shsll, s~ U» opNon d tM hold.n, o.can. im~wd'wr.ly dw ard p.y,bl.. Fs~lur• Io ~xercis~ this oplion shsll nol consl~tul~
~ i s waiver o( tFw riyM to ~:~cis~ 1hs sam~ in IM ~v~nt d wb:eq„ent d~tauh. ,
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~ 1615 North U. S. #1 ~ ' ' •~~j'~!r~ . sE~~
~ vaysW. at------•_--••--•_•-•-••--- . ~..r.......----.........•-••--.••-:.......--•- 1 l
i For~....Pierce.,.. --F14r.i4~a....3.34.5.4.... r. .~.---...~t.------.~- sf~~~
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4 . , w 3uch aMr ptace ss shaN b~ .......................••--...-----....................-•---...------.......__..........._..__._...._............ISEAL)
: ' des;gnated by IM Aolder ol this i
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