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~A{It ~ ~ the some, fogelhsr with the tenements. here~itanents ~ritt` dppurfe-
nanres]I~h,~e~reto lx+longing, and the rents, Issues and projils fhe?eoj, unto the mortgages. to jee simple.
T11R1 the mortgagor rnvenants with the mortgagee that the mortgagor u tndejeasi6ly seized of said
land in fee simple; that the mortgagor has good right and lawful authority to convey said land as ajoro-
said: that the mortgagor will make such further assonances to perjrct the fee simple title to said land in the
mortgagee as may reaaonn6ly be required.: that the mortgagor hereby fully .warrpnts the tttb to :aid land
and will defend the same agai?ut the lawful claims of nl! persons whomsoever:-and that said land to free
and clear o/ all encumbrances
IIl~S, that ij said mortgagor shall pay unto said mortgagee the certain' promis-
sory note hereinafter substantially copied or identijitd. to-wit:
PROMISSORY NOTE
North Palm Beach ,Florida August 8 ~ 1919
1 . For value received the undersigned pror!iises to pay to the- order of KATHERINE A. '
EDWARDS
the pr ncipal sum of TWENT TH USAND FOUR HUNDRED FIFTY AND NO 100--------
Dollars (b 24,450.0 together with interest rom date at the rate of
( '12 ~ -per cent per annum on all unpaid balances. IN R ST ~ Y shall be payable
in month y installments of WO H F
Dollars 2 44_50 per moot beg nning on the day o
19 79, and on the 15th day of each and every rant t ereafter,until e _ 1 Si-h day Augus
~y_.~1~ at which time the entire balance shall become due and payable.
2. Said payments shall be app~ied first to interest on the unpaid balance at the rate herein
specified, and then to principal. Interest for each calendar month shall be accrued on the
first day of said month and be computed on the unpaid balance of principal and interest
existing on the last day of the preceeding month. This note shall be considered in default
when any payment required to be made hereunder, and any additional advances under this note
or the instrument securing same, shall not have been made within ten (10) days following
its due date and shall remain in default until said payment shall have been made. While in
default this note and any additional advances under this note or the instrument securing
the same shall bear interest at the maximum legal rate permitted in Florida in lieu of the
rate hereinbefore specified. This note is secured by a first mortgage of even date.
3. This note may be prepaid at any time- after date* fidr#id•f~#>1!!#tki~iit##!##t#f!
#~*3M##~iAi~k##1~ril~U~i~#i1Mdi~i#l~# he payment of any larger or additional
sum in advance of the payments herein required shall not relieve the maker of the payment of
th~._ regular monthly installments herein provided. * without penalty.
4. If the effect of any part of the loan transaction evidenced by this note results in
interest (or charges deemed to be interest) paid or to be paid to the holder, being in excess
of the permissible civil usury limits as established by the laws of Florida, then such excess
will be promptly refunded.
5. All persons now or hereafter becoming parties hereto jointly and severally waive demand,
notice of non-payment and protest, and agree that in the event of default in the payment of
any installment due hereunder fora period of ten (10) days, the whole of said indebtedness
shall thereupon at the option of the holder, become immediately due and payable, and if this
note becomes in default and is placed in the hands of an attorney for collection, to pay
reasonable attorney's fees and all other costs for making such collection. This note shall
be the joint and several obligation of all makers,sureties, guarantors and endorsers and
shall be binding upon then, their heirs, erson~l re~rt(sen~ativ~~,t~~c~~~~~~sdf~f~~sa~3ic~t:ed by
R feren a is made to the ortgage for righ~s as o ac a era ion
t~iis no~e.
(Seal)
Kenneth E. Whisner Rose T. Whisner
(Seal)
E~.~31~ p~ 956 ~