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~0 ~AYt ~ ~ the soma, together with fht ttnemenfs. heredilamenfs and appurte-
nances Ihareto 6elonging, and fhs rents, Issues and prof
ifs thereof , unto iht mortgagee. in f
w slmplt.
the mortgagor covenants with the mortgagee that the mar/'agor u indefeasibly aetzed of said
land in fee simple: that rtes mortgagor has good right and lawful authority !o convey said land a njort-
.~td; tltaf the mortgagor will matte such further asstt?ancea to perfect fht fee stmpb title fo anid land In the
mortgagee as may reasonably 1» ?equired; that the mortgagor herby fully tvarranfs the tills to said land -
anil will defend the same against the lawful claims of all persoru whomsoever: and that said larttl is fret
~ and clear of all enctunbrartcei excepting taxes accruing subsequent to December 31,1978.
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]s, that ij said mortgagor shall pap trrtfo s.td wtorfgaget th. c.rbtln prowtitr-
sort' note hereinafter substanftally copied or idtntljitd. to-wit:
MowTawas utsltt
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S 39, 800.00 Ft . Pierce , hN.n~ta
August BIN. 1979
FOIR VAI.US RBCEiVED, the uodcniraed, (jointly atwl snYraQ~, J unore than cstte) prumiser to pay to
•PETER M. LEANING and BRENDA E. LEA*tING, ::is wife , „r order, is :he meaner herciwatter slteci(ievt,
«te ~ Thirty Nine Thousand Eight Hundred and No/-------------- npp pp~Kti
(=39, 800.00 ) rich t~tereK date au ~ sots t( Bleven per teat. per annum oa the balance (rem bane to time remaioiag unpaid.
The raid psiacipsl surd ioterest shell be payable is Iawlul awney ot~~tbe UtuteJ States of Aw~erica at
a at wch place as tray brna(trr-lie d.-signated by writtrn twtw•e lfWn the buWer to the tn+ket berru(, ..u
the date sad is the st~aooer ldbwitt~:
Face Amount of Note and Mortgage payable with interest thereon at the
rate of Eleven per cent (11X) per annum. Principal payable two years
F from date hereon with interest payable in semi-annual installments.
The right to pL-cpay, in part or whole, without penalty is hereby reserved.
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This rate with iaterat a secured by a morttt.Kr oa real estate. u( rrrn slab hrrrwtth, tttasir Iry thr ntalrr hrrrul itt laver tl.r raid
Nayee, sad shall be aottstrued awd eaiarcrd acoontittK to the bws ttl the Starr of tlurisl:s. '1'Itr lrrutr ul raid tu.atxaxr erg b~ this rrlrtr~a•r
,naJc a part hsrw(.
I( ddattk be msxle is the payanestt vi sty of the sums a interrst nw~tuwned M•rriw w is raid aatrlttaKr, ur itt the prrlsrrtwawrr ~d
~ any of the aareemewts contained herein or is said snorywtte, that the entire prittcipal sum sal atxrwrd iaterrrt shall at ibe vptiuN• ul for
holder turrol become see ostee dw sod oolieetib4~ without notice. time beia/• of the esrence; and said principal wut atwl ,u•erwrl mtrrr.!
shall both bear iotereu from such bane wail pawl at the biRbert rate alMnnaWe utwlrr tb•~ laws ~l the 5?atr ul tExiJ.s. Pailwre w rxenac
thu optiow shall slot attestitttte a raiser d the rglbt W exercise the satue iw rtes treat set +oy suLseyuewt drlauk.
Each persow WWs bereow whether ansker a tatoner, hetrby wai~rr tw~ereataw•at, ;irtNrri, stoticr, aotitY of prutrrt and nntirr of die
Fwnor sal sprees to pr1X all cow, inchrdin~ s rtapwaltle atwrney's la, wbrtltrt wit k Wuuttht srr oat, il, alert uatwrtty sd tlut note err ddault
hereunder. ar ttwdcr and asortpEt, counsel sbsJl be sys?phryed to collect this note or w pwtect the srrurity ul said tuurtKa,te.
M?hseerer wed hes~eia the resew "bottler", "tuakee" sad "payee" shall Ire r ast. yol~~ar ur plural s the coatcxt twat'
require a sdswit. - / J
Maker's Address ....r•1~<:.rrrd'• ~~y........ ..a. .......(SEJ1L)
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