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~rpuiled tt1u~~~~, tJtat if saifl .ATortga~sor sh«ll pay tcttto thc• said ,Alor•lg«gt•e
the certain promissory note, oj' which the ji~llor~•ing in words and jtgures is a true copy,
to wit:
SOQ..pQ Fort Pierce n«ie. December w 79
i0~ VAIN ItECtNIO lM w~du~d p.~Nn My w lh. aler .1
Gus W. Lennard and Hartha B. Lennard, his wife,
HMO.,nc~.1,,,~,dFpkr..Thousand._Fiye...Nundred.and no/100---------:owl„ ~s4,500.00 ~
Io~hN Mdh inlarasl fhereow l/oa? dala, M lM rNe d t,W~.1V~._. ~La~...... rM cenl, p« annum . unld malunly. wed .nle.esl
pang pa,abla ion t hl y 7ir?ss1f. ~~x
e.•ch Yr•a~, bah pmcipal and inleresl being payable m lawful money d IM Untied Slares a ill eQuiwlenl, al res idell t atldres s Of
Payee .....said pincipal Burn to be payabh oa Ilre dates and in the amowus speulied bebw, Io-wi1:
This note is pa able in monthly installments of Sixty-four and 57/100
Dollars ($b4.57~,~commencing one month from date and monthly thereafter
for twenty-four {24) monthly installments. Upon the commencing date of
twenty-four (24) months from date hereof, the entire principal balance
r plus accumulated interest, if any, shall be due and payable in full. Said
installment includes interest at 12% per annum on the unpaid principal
• balance.
Each instal]malt first shall be applied in payme9nt of the interest and then on the
unpaid balance of the principal sun.
' Zhis note may be pre~aid in whole or in part at any time without penalty.
EacA raalev and endasw ww?al Y waiwf duswrd, prWess +nd r101Ke d nrahwily, non•paynreM « pawl and aM requirarr?eMS n•c}ssary N hold eacA d
i Ih.wn I~..Me a1 rlalers and endortMs
_ Iach malts and endorser hriher agrees, jWndY end sewraNy, to pay all cons d collection, including a reasonsbM aMorney's fee m uw the prncipal of
- ~h~, note u any payrr•cnt on IM C'i^r.pal or.any wNerett thaton is Rol Paid al IM nipKlwe ma/wAy Ihereol, a in caw d betolMf nKlssary to pwKt the
.•-awry h«rd. whe~AM swl be bough a nut
Th,t note and deterred mraresl pa~y!~y+1, shall bear interest el IM tale ol.... 12% . p« cent, per annyrn Iran maturity until Wn1.
11•,a nMe n secwed Dl~ SeCO[iCl malgaq. d ewn dale herewith and n to M cunslrwJ amf .nlwcod accord~nq l0 1M Irws d tM S~a1e of ponds.
:.pa••~ raulr rn the payment d principal ands rnteresl c4.e on am Role secwed by sai•f Morlg.,ge, all nolea so secwed ano rern.,irwnq unpaid shall (orrhw•rh
• M•c•.r.w clirn aixl payable notwithstanding their tenor
~ and such 3efault continues for 15 days
. Dermis ~~A:~.~-Passnan lzr°~'
(Seal;
Rdger..N; Messer (SEAL)
ffi~-d~3~
and shat! J)erjotnt, ron)phJ with and al~ide~ try eatclt and event the stipulations,
agreements, conditions a•nd cotenants of said promisso)-y note anti of this deed, then
this deed and the estate hereby created s/call cease anal Le nlclt and t•oid.
f
~~tltl the said ,;llortgugor hereby covenants and agrees:
.I. Tn pay alt ~tn~! singtclcir the principal anal inter~~sl anal ether sums of nt0/)sIJ
paiJufile ht! t•irtue nj said J,r.,missnrrJ nnle n))d this deal, nr eil!)er, pru)?)ptlif stn tl)e
I !lads respeetif•c~ly the su))tc• scr•~ra11tJ ~•nt)).e due.
i I
? Tn patJ all a)td sin~rttur the ta.rt•s, assessmrnls, lef•irs• liahilitiex, ~,hli~utio)ts I
unit en~unt.hrunces uj r)~rrJ uutu.rr un said drsc•rihed prt~prrly ea ••h and er•t~rrl, and
if the same Le not promptly paid the said rllortgagee may at any time pay the same
without rcaiving or a>/'ecting the option. to foreclose or any righf hereunder, and everr,J
payment so made shall Gear interest from the date thereof at the rate of twelve (12)
j per cent. per annum.
i
~ .S. fro pay all and singular the ~;~sts, char~~•s and expenses, inelucling larcyer's
fees, reasonably incurred or paid ut any time by said Jlfortgagee because of the failure
on the part of the s«id .Mortgagor to perform, oomph/ with. ant( «bide by e«ch and
every the stipulations, agreements, conditions «.nd cotenants of salt( prunrtssa•y note.
and this deed, or either, and every stech payncent shall Lear interest from slate at t/te j
rate= of twelve(12) per cent. per annum.
To l,~eep t/te hui.lding noa• .,r lrerv~ajter n)f said /and instcred in a su»~ n.~t
j t~sss t.liu)t its highest insurable value----------------------------------------
i Dollars, in a eum.pan~J ~,r ~•onfpa~fies to
( be appror:ed btJ said .~fortgagec, and the policy or policies held btJ and payable to said
! ~Ifvrtgttgee, «nd in the er•c•nt a,ny srtm of nron~y becomes p«yab1P under sttclt J,olicy or
policies, the .:Mortgagee s/tall have the option to receive a)ad aJ)ply the same on uccou-nt
oJ• the indebtedness hereby secured or to permit the .Mortgagor to receive and use it, or j
a•ny part thercoj; fur other purposes, u~i'lwnt thereby u•aivi)ig or impairing any egtcity
lien or right under or by virtue of this mortgage, and m,«y pl<u•c and pay flit such
insurance or any part thereof, rvithorct waiving or a~'ecting the option to foreclose or
an y right hereunder, and each and every such payment shall bear interest fro~)t dote
i at the rule of twelve(12) per cent. per annum.
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B~JKJ~1, P~~E1.151