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~V~ ~ ~ the same, together with the tenements, hereditamenfs and appurte-
nances thereto Belonging. and,fhe yenta. Usues and projtts thereof, unto the mortgagee. to jee simple. '
~d the mortgagor covenants with the mortgages that the mortgagor is indefeasibly seized of said
land in fee simple: that the mortgagor has good right and . lawful authority to convey said land a: ajore•
said; that the mortgagor will ma4e such further assurances fo perfect the fee simple title fo said land in the -
mortgagee as may reasonably 6e required; that the mortgagor hereby fully warrants the title to :aid land
and will defend the same against the bwjul claims of all persons whomsoever: and that said land is free
and clear of all encumbrances
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~V~ ~t~s, that ij said mortgagor shall pay unto acid mortgagee the certain promis-
sort' note hereinafter substantially copied or identified. to-wit:
- ~,~y -
I N STALLMENT NOTE
s 71,vOG.'v~~ November_-2~ _ _ 1979
Fort Pierce, Florida, _ - .
For value received we, jointly and severally, as prinicipal promise to pay without defalcation to the order E
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ARLEEN COATS
of _ _ - ~ - - - - - - - - - - - j
at the office of said payee in Fort Pierce, Florida, the sum of
SEVENTY-ONE THOUSAND AND NO/100 _ ppllARS,
quarterly
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with interest from date at the rate of___*-*__ per annum, inaf+a6iSlfi~r installments, payable as follows, to-wit:
$1,775.00 plus interest 28th February 19 80
- DOLLARS, on the day of -
~ gfiarfer - ;
$1,775.00 Plus interest 2$th y 9
and _ DOLLARS, on the _ _ _ da of each succeedin ~6~4~Ft}4here-
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after until the whole sum named is fully paid. j
Each installment first shall be applied in payment of the interest and then on the unpaid balance of the principal svm. If default
is made in the payment of any installment when clue, then, at the option of the payee •11 the remaining installments shall become due and
payable at once- Privilege is given to pay two or more installments at any time.
Should it become necessary to colkct this note through an •ttwney, eit}rer of us, whether maker, surety or indorser on this note s
hereby ogrees to pay all costs of collection, including • reasonable attorney's fee.
The makers, sureties and indorsers hereof severally waive presentment, protest and notice of prot t for non-payment of this note ,
•nd agree that the time of its maturity may b~ extended before or after maturity and further severally ee to any renews! thereof before ?
or direr maiur,iy wr,itrarri .-.:.:.ie of ::.a Nn r3lr:'.:°T.tS CaI2 be I?t~o 3't'` ^ .
.s,o ,.ote rtor+.~age dur~ t}1L
year of closing.
interest rate is variable and the interest due on - Y - - - IO L.--S _ ' _ (SEAL)
(b - - _ _ _ _ _ _ _ State documentary the principal balance
stamps attached to original at the time each payment is - - - - - - - - (SEAL)
note and cancelled)d~ shall be that rate of interest- _ aek M. ner
tbD act---- - - --(SEAL)
merged on that date by the Federal Lind Banc.
~ - - - - - - - - - - - - (SEAL)
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