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~AVe ~ ~ the same, fogethe' with the tenements, hereditnments rend apptute-
nances (hereto belonging, and the rents, issues and profits thereof. unto the mortgagee, to fee simple.
the ~tnoNgagor covenanta with the mortgagee that the mortgagor is Indefeasibly seized of said
Land in fee simple: that the mortgagor has good right and lawful nuthority to convey said land as afore-
said : (hat the mortgagor will malts such further assurances to perfect the fee simple title to said land in the
mortgagee as may reasonably be required; that the mortgagor hereby fully warrants the title to said land
and will defend the snore against the lawful claims of all persons who??uoever; rend that said land u f
ree
and clear of all encumbrances
Mortgagees herein agree to release one of the above lots from
the lien and operation of this mortgage when the principal balance
of the note secured by this mortgage has been reduced to $15,000.00
or less.
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I~ ~rou~ded 71iW~S, that if said mortgagor shall pay unto said mortgagee the certain promis-
f sory note hereinafter substantially copied or identified. to-wit:
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t42,600.0~? Fort Pierce, Florida,~= 27, 1979
e~~e~e us, promise id pay, without defalcation, to the order of
• at 101 111.x. 1bUt St. a M. Mia•ti 111~i1C~
XillTf'i8 Florida, sum of ~I~ORTl~Z1i0 S1fZ S~R>jD i n0/100 DOIIARS
with interezt~r~t ~te of 10 96 per annum, in mil install
ptits~as fpllpw~ut
=14 a 200.0%, ~~~7tL day of ~ovt~b~r , 19 80 and a lilk~ef sum /
on the corresponding day of each like succeeding period thereafter until the whole be fully paid.
~ irteirwnt fkq shall be applied in payment of the brterest and that an Nit unpaid balance of the principal sum. H defayh b made ~
in the peymerA of any inststmartt wtMrt dw, than tat tM option of the holder, and without arty other notice, all the ranainirg irntafrnents
shell be dw and peyabM at once. Privilege N given b pey two or rare 4rtaMnsrMS at any irratainent maturity date, but this shell not ex-
~ tend the time of maturhy of any w+bsequsrrt inatal6nerN. Neither forbearance. not aoosptanw b'r the holder hereof after eny defwh in any
l peymsnt hereoeU shell be deemed exteniont. ,
Each mabr, surMy and endorser hereof, jointly sad severally. waives dsmsnd„ ptgsrdment, protest and notice of protest for rron•pey-
ment, and furtMr agrees to any extarKion of tine of payment, either before or after melwitl4 whhout nafiq b any of usj and to pay ap
cosh of oolledia4 irdudM~g a nsonebM attanet/s fee in the event of any defauh Mrwrdar, and herby taverally wehvs ail benefit of
homestead and exemption under the corrtitution and laws of each Stab of the united Stetes, as epsirrst this obl'gation a any extension
a renewal hereof.
Wihnss the hard and seal of each party.
CO1~I» 11~tEI>o1>l~VE TO t2'H>j OOrI'AAAY »111II>~ a TiiS -
>rprrs gg~?t,L » >tA~AY71iti CtLY 71Flift D~'.~ilR 31, 1979.
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