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~ ~o ~iaue and to ~iotd the same. together urith the tenements, heredilaments and appurfe- f
~ nartces thereto helo?tgirtg, and the rents, issues and profits tltereof, unto the mortgagee, to fee simple.
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the rr4ortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized o/ said 1
land in fee simple: that the mortgagor has good right and lawful authority to convey said land as afore-
said; that the mortgagor will make such further asstarances to pert
eN the fee simple title to said land in the
1 mortgagee as may reasonably be required; that the mortgagor hereby fully warrants the title tb said land
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ui il:.::.w vj .:Il ~:u~:.i Zv l:u•:.uv~:`Y: :~:ttf +:.i'~ f. t' ~•f°t -
and clear of all encum6rnnces except taxes accruing subsequent to December 31, 1978
and as herein stated previously.
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~V~ ~Ll1Y~s, that i f said mortgagor shall pay unto said mortgagee the certain promts-
i~ sory note hereinafter substantially copied or identified, to-wit:
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s 25,Oi?0.00 FT. PIERCE, .
October 11, . !~9
FUR VALUE RE(:EIVEll, the undenlxncd, (jwntly and uarral!y, d nture than uue) prumrus to pay to
Y.AY L. CHAP!~,AN, a single adult
, au order. to the mannrr herctnalter ayect(ted,
the principal at?m of T'r!IENTY-FIVE THOUSAND ANO NO/100-------------------------------- /1W ~Ol-LARD
25,000,OQ with lateral (rortt date at the rate of 9.5 per cent. per annum on the balance irarm ume to umc remairun6 unpaid.
'fhe acid pnnayal and mternt shall tie payable in t.ac(ul n?unry of rite Unocal flares u! Amenca at 3959 South U . $ . Nwy . 1
Ft. Pierce, FlOrldd sir at loch place as may hrnv(ar Lc dra:rtnwtrd by wrrttrn nutiae (rum the holder w the Haler Aereut, sin
the date and in the manner (olbwrng:
FAce amount of this note and Mortgage payable with interest thereon
from date at the rate of nine and one-half percent (92%) per annum;
monthly installments of 5265.00, with the first such payment due
and payable one month from date hereof, continuing monthly until
paid in full:
^"or*_gagor reserves the right of prepayment without penalty.
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fh,a Harr wrt!? rntrrcat i1 atrurcd by a mun~attr on rr.rl est.?c, u( .-a•rn r!.rtr h.-n wtlh, ur.alr by Utr Healer hrn•u( sir Lrvw n( tie• taut
I,ayrc, and shall lx aunatnred anal enlurced arrurdutK to the lawn ul tha Jta[r u) i lurnl.a. 'I he tarns ul sard uwrtK.rK.• .sir !,y tlua rclrrrnr.-
nuaie a yart hereof.
I( default tse made in the payment of any of the Burns nr rntrrrat mrnuuncd hrrnn sir rn acrd nwrtgagr, sir in the )r. r(unnanr r a./ j
am u( the agrcrn,rnts r uutaurcd harcw sir ,n s.ud uw?tKaKc, tlrru tha rotor pans rl,al sun? and aunr•-d nrtrrast slr.rtl .at the ui,uun u( tle• }
~ nuiJcr hrrcol lxauurr al unit due and rullraad,l.• w,thuut House, tune !r•vnv u( tl,r rfarrrca•, and fad pnnup.rl aura .rod .uarurd iutrrr-+¦ (1#
ah+Il Iwrtir hr,rr urtrrrat Irum fuah l+nrr ante) I,.rrrl at thr~ h,rchrat r.ur .rlir.w.ridr undr-? ahr laws ail ahr .ltatr ul t'Ivrrrla F..riwr lu rat•rrrs•
g ores uNuun shill nut cunsutute a wawrr u( the n~ht to raa•nrsc the uutr ,n the raa•nt u( any wbsaaturnt J. (suit. ~
Ear h Irrwn bablr hereon whrthar nr.tlarr sir rmluraar, harrby w.u+n prrsrnm.rnt, luutnt, rwuaa, rwuat• u( I,rulnl anal nuUrc u( dra•
In.nut anJ aKrraa to pay all ausls, rnalualn,K a n•ar,nahlr .un.rncv's !ra, wh.-thr r sou In• brwr,;ht err rw.t, d, alai uraUrnl? u( this rwtc sir dt(auh
t
hereunifer, sir under awed nrwtKaKe, counsel stall hr rnryluycd to aulk.t tors cute sir w prutc~t the s••aunty u( wd nwrlK+K• .
3 N'henrvrr used herein the leans "holder", "ura?rr" •nd "payee" shall be twutrued in the w sitar sir` plural as the contest uray
rryu,re or atlnrrt. ' ~ -~-~-s_~_
- !V4a?cr'a Ad.!ress cep I (_-!C'y - (Jt:AL)
63~K3~$ facE~~2 ~fILLIAM L. RITCHEY ~
307 North 30*_h Street • . ~ ~r.nt.,
Ft. Pierce,.F'orda 33:5^ KATHLEEN T. RITCHEY '
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