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i+ ~o ~iaue and to ~iotd the same, together with the feneme?ttst hereditamsnts and oppurte-
nances thereto belonging, and the rents, issues and profile thereof, unto the mortgages, in fee simple.
)Rllil the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized of said
land i?t fee simple: that the mortgagor has good right and lawful authority to .convey said land as of
ore-
said; that the mortgagor toil( male such further assurances to perfect the fee simple lids to said Land in the
mortgagee as may reasonably 6e required: that the mortgagor hereby fully warrants the title to said land
and utill defend the same against the lawful claims of a!I persons whomsoever: and tha! said land b free
and clear of all encumbrances
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~COUided ~ltways, that if said mortgagor shall pay unto said mortgagee the certain promi:-
sory note hereinafter substantially copied or identified, to-wit:
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?VK VAUtf RKEtVEO the undersigned prc•m~ses to per: to the Mder of
.ludith N2ty9 .Ser.~?.. and Marjorie Hower Mayo
I w.nc~oal sum of T•aelve...Thausand ..Dc:llars. and..N.o110.0.-.-.-.--.---------------`~ollar~'s 12,000.00 a.
r ge•• . r with inlerrst then zon t•om dale, at the rr of 1 U • _ .................per cent, per annum ~~nl rnaturey ss~d ~~•rresl
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AS SET rORTH BELOW
• 9 : i.~ble on the r of
~ both p.~ncipat a~a r•rerest bung payatle.n I.,.i,t ^_^r, ul t~r• i"^~rcr! States o. a , 3:,~,~••+. a• 1.342 S.E. 6th Street,
~ u~•erf field 13eaeh, Fla. 33441
. sa.d p•~-~apal sum to be a~: •bl•, thtl a.+•es a- t ~~e a^•or.ts sr• c t . d be?uw. Ic wJ
~.cid principal sum of $12,000.00 together with interest Uterec~n on^ the unpaid balance
~.::.iininl; from Cim~ to time, shall t~e pa}rable in the folluwini; manner: Iti:EREST OtiLY AT THE
$ 105.00 per month, the first such payment to b'• l-ta~c• nn thc• 1st day- ~~f vovember,
:tncl sucee•<~dir payments in lik•~ amount on thE• Ist ti:t:• cif eac•it .?ncl evr•rv mtrnth thereafter
ct, i i the (>lst r.nn;th, at which time a ba? loon payment of jlL,000.00 will become due.
"•~rt>;:c~c~r has ri~hl to pay off principal in part or in full after January 1, 1980. This
•.~r.~air;e cannot ~e assumed witt~~~ortf;agee's prior written approval, which shall not be
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~ E •+.or• r .,n;l , n •n••,tr severally wsi~es demand, p!olest and noble ul rrtals::itY, non-P•sYr•rnt n• t ~•.trsl std all ,~•gu.rcmsnes necassnrr to Add each of
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t ,t, mr~er an;+, r•r se. further ,.grew jo,ntly and xveraily, ro p.+y ap costs of cothchon ,nchri.n9 a reason,.bls aflorn~y's tee rn case the prmupal of
•r ro•• w any p.~yrre nr thn pnnnpal or any interest there n rs r..,t pa.A al the respedwe marur.ty thureol, o. w case rt becomes necessary ?o protect she
? c,r •v r~••rr ,.1. w`~••~hpr • .•t M' brought or not
h ~s note and deli r•••d rnt aesl psymrnts shall bear interest at the tali u1 _ 10.!.5... De. cent, rsr•r . ?rom mntwdY cntri paid
~ sh~s ncle rs secure i by a FIRS .mortgage of esn•r. dare h•.ro»,?h and is to be canar;K•d ant! nlvrc accnrd~ng to the laws of the Stan d ilwrda.
r u. on l+,t.wh m the paYn+ nr of ,xrnupal andlo. mteresl due on any ro}c secwed by sa~~Mort9.•9e all notes so fit: ed anA remaining unpaid shall iwthw•th
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become dui and paY~H. notwithstanding their tens
J. S KENT... ~ Iseall
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