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~i ~o ~iaue and to ~iotd 1{~e same, ~O(JPIIIPT wil~~ Ihe feneme~~fa, here<~ifamenls and appurle-
nnnces fhereto ~~e~on4~in{~, ancr t~i~ renfs, issues anc~ p~o~ifs IhereoJ, unto I~e mortgngee, in ~eo simp~a.
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, ~nd f{ie morl{~agor co~~~nanls u~it{~ fhe morlgngee lhat ftie mortgagor is indeJeaai6ly seizec~ o~ sni~
( land in j~~e simple: li~at the morlgagor has good right ancl lawf u~ autF~ority to cont~ey sa~d !n?~d as uf ore-
~ said: fhat Ilie morf~apor «~i~l make suclt ~urfher assuronces lo per(pct ihe (ee simple fitle to said ~and in !he
mortf~ngee ns may reasona6ly be required: tha! Ihe mortgago~ hereby )ul~y warra~ts tl~e fit~e to said ~and
a~~d u~ill deJend 1he same against !he IawJul claims oJ all persona whomsoever n~id that said land is Jree
and ~lpa~ oJ a![ encum6rances except that certain Purchase Money Mortgage
executed by Willard L. Bolton and Joanne W.Bolton,his wife in favor
of the Lomas & Nettleton Company, a Conneticut corporation, dated
June 12, 1975 and recorded on June 13, 1975 in O.R.Book 240,at Fage
1834 of the Public Records of St.Lucie County, Florida in the
origina.l amount of $47,500.00.
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j ~rou~ded ~tways, that i~ said mortgagor shall pay unto said mortgagee ftie certnin promis-
sory nofe hereina~ler su6stantially copiec~ or i~anli(iec~, fo-wil:
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aw. ib ?=,.cpr .~rror ?o~v.q ~~wM~wr+ ~w.r~.• -cti.a.~ SEMINOIE FORM ~7
• - - - - - - - - - WAAPAROIIND
~ ~tilurt~~a e ~~'o!c ~ ~
• 4b, 000. 00 - , June 29 ,~79
- Fort Pierce ' ~ `
~ VA_iE i.::~ v'_.~.• . e u~.er~ ; _ _ . _ _ •c ' - ;:r
WILLARD L. BOLTON and JOANNE W. BOLTON,HIS WIFE ~
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Forty-Six Thousand and No/One-Eiundredths- - - - - ~
k _ r : . . ten ~ this date
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~ Fif~ty-Nine(59)equal monthly payments of interest only with the fizst pay-
ment to cor.unence on July 29,1979 and a like sum on the corresponding day of }
each like succeedinc~ period thereafter until June 29,1984 on which date the °
entire remaining princi~al balance will be due and pa able in or~e BALLOON ~
payment. The 1~iakers o this Note reserve the right ~o prepay in part or in
whole at any time without penalty.
The terms of this tvote are fully subject the rider to the Mortgage securing
this NoGe makin this a Wra~around Mort~age Note.Any,~rg~ayment shall first
be,applied to t~e first mor, a e and no e and afte~ i i satisfied the re-
mai9~,c?g:,~ba~~~s~~~~l ~-b~, Bd~~~~.~..the -]~e?]~~~E f~~~~e~~l~~N~t±~ ~ ~ - .
_ . - ~
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- • _ . a-c ie ~^e .~-e - • ~ i..~sa: - ~ , l
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~ , a. 237 S. E. Verada Avenue . ~ , ~~f"_`~ -
~ Port St.Lucie,Florida 33450 • / ~
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