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30 ~tue and to ~iotd the same, together with the tenements, heredifamenls and appurfe- ,
rla?lces Iherefo belonging, and the rents, issues and profits Thereof, unto the mortgagee, In fee simple.
i~nd the mortgagor covenants with the mortgagee that the mortgagor u indefeasibly seized of said
land in fee simple: Illnt t~ttz mortgagor has good right and lawful nuthortty fo convey said land as ofore-
said: that the mortgagor twill make such further assurances to perfect the fee simple !tile to said Innd to the
mortgagee as may reasonably be ?equired: that the mortgagor hereby fully warrants the title to said land
art~i will defend the same against the lawful claims of all persons whomsoever: and that said land is free
and clear o/ all encumbrances excepting taxes accruing subsequent to December 31, 1978.
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iI ~COUided always, that if said mortgagor ahnll pay unto said mortgagee the certain promis-
l) sory note hereinafter subslanfially copied or identified, to-wit:
i!
MOItTOA4t NOTi
15,000.00 Fort Pierce ~ Flurid.,
April • t~ 79
FOR VALUE xECBIVF.D. the ustdersiined, (joiatlr suld'severally. it more than. une) Nrumucs to pay to
A be W LAND CO., INC. - A Florida corporation . ur order. is the manner. bueitattu apocitied,
_ THOUSAND and------------------------------------------no /~00 DOLLnRs
the prineipsJ ws of FTFTF.Q'1 -
(S 15,000.00) with is?terest lros date at tbs rate of 9.5 per tint. eel am WA On the balance from ume w bale remasout~ ttepald.
The said principal sold iatersst ,ball bs lsrsble in 4wld ttlooer of the united state o[ America u Bte 3 -Box 469T -Fort
Fierce, FL 33450 or st such place :w may heccatter be designated br written notice trwn the bolder to the tanker hereof. os -
che data srd is the manner loAowin~:
Face Amount •f this Note and lYbrtgage payable with interest ,
thereon from date at the rate of nine and one-half percent
(9.5x) per annum in monthly increments of $174.96; the first
of .such monthly increments due and payable one month from
date hereof, thence continuing thereafter until paid in full,
for a period of twelve (12) years; -
Mortgagors reserve the right of prepayment without penalty]
a .
of even date herewith, made by the maker hereof in favor of the said
Tkis note with interest is secured by a mort$sgr oo real estate
payee, sad aball be construed sad enfotud acoordmi to the bvn of the Stste o[ Fbrida. The terms of asid mortdsge are b,• this reference
msde s part heroof.
I[ ddauk be made iA the payst?ent of aay.ot t11e sums or iotesest auluioned h,•rrin ur nt s.u.l uwrtK.,Kr. yr in thr hrrturtrtance u(
~ any of ebe a~r~eau owltained herein a in satd mortPi0. then the ensue principal sum sad accrued intemt shall st the vNtaa, o! the
holder bereo[ become u once due sad oollectibk witllont twtite, tieoe of the essence: sad said priecipal.suin sad sccrued saterra
shall both bear interest Irostl such time uotit paid at the biibat rate allow wader the laws of the State of tlorida. Failuss to eaeltise
this option shall trot cowtituta s waiver oI the ltSbt a eaesr~se the ame in the cvrnt of ar?1 sttbsegeerlt default. ~
Each person liable hereon whether salter or endasset. besebr wsives Presenuneob protest, actin of protest ant: swtia of disc
honor and asrees to pay all costs, iucludins • reasonable attorasy's tee. wjsetba suit be brousbt a s?ot. ir. after smtuntr of this dote or default s
hueuader~ or wader said mortsaie. ow+nttl shall bs smpbred to eolloct thin Hots or to psotaxt the seeuritr et said mort~aaa
Whenever used herein the tesnla "holder", "makes'' sold "parse- :ball ooastrued i tbs plural u the contest soar
require or admit. `
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