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j~ ~1~is 7W~~ tyre samr, together with the t.~nemsnb, ~eroditamentt a~tc~ appurte-
nances thereto belonging, and the rents, issues and profits !hereof, unto the mortgagee, in fee simple. }
~nd flee mortgagor canerea?e!s u•i!h the mortgagee that the morlgagor is indefeasibly seized of said ~
land in fee simple: that the mortgagor has good right and lawful authority to convey said land as afore- ~
said: that the mortgagor ee+ill make such further ossurances !o perfect the fee simple title to said land in the i
mortgagee as may reasonably be required : that the mortgagor hereby fully warrants the title to said land
I and urlll defe?ed the same against the lawful claims of all penons whomsoever: and Ihnt said land is free i
and clear o/ all encumbrances
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~rouia,~d ~1wAys, flea! i/ said mortgagor shall pay unto said mortgagee the certain promts-
~ spry note hereinafter substantially copied or identified, to-wit:
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22,000.00 Fort h'auderdale • florrda Seoteriber 26 iv 79
ip~ VAtUE ~ECEtvfp the u~~ers~g••et promaSl•• tc pay IO the order of j
SOUTHERPl STATES INV%STMFIJTS, INC.
r•,, ~r~r;v[.al sum cl TS•IENTY-TtVO THOUSAND AND NOD ---------------------.oollars ~
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• y~rr r. «•rh ..,Brest thereon at the ra+e OI 9 $ GK cent per annum from d _ _
r ; r.,,y•.r:ry, yo!h prmuCal and rntrest berry payable m Lawful Money ! the U ed Slate , s pn spa! wm and interest
payable in installments as follows
Interest o ly shall t e *~`,ay a in equal c~ arterly installments ~ ,
with the first late est ~ay nt being du on December 26, 1979 +
and on th~ 26th day of a ch quarter ther after umtil September 26 ~
1984, at~which time the eat re principal;balance together with
accrued ~nterest sh 11 ecome due anct payable.
S.ct: •nsra!Ir.,.•nt payments s appl•ed Irrst to ?he mterest accrwnq under the terms of this note and then to a reduction of the prmupal tndsbtedness.
L.e ms?ers a~~ e•:dorsers of this note lurther agree to wave demand, noNC~ of non-payment end protest, and in the event sud shall be brought for the
• c cno^ ! r~eol o+ the same has ro be cgli$ected upon demand o! an anomey, to ay reasonable attorne s fees for ma!<m such collection. All t
yy p y' q payments here- ,
',c• shall bea• in!~res+ at the rare o1 prcant per annum Irom rratunry until paid. This note is secured by a mortgage of even dale herewdh and •s to
ce cu~sw•.d aid e•}wce~ according ro the laws of the Sta?e of ilo•uia. uron del.~olt rn !fie payment 01 tsrmupal andlw interest when due, the whole sum of ,
• • c cal a-•d ~~rnesr re~amr~q ur,pa d shalt. at the option of the holders, a•wme rmmcd•ately due and payable. Failure to e><eruse this option shalt not consarute t
«a .c• of +he ngh+ ro eae:use the sarr.e rn the ev••~t of suSseQ~cnt delauh
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.v.•,le at iSEAtj
LE:aIS V. JONES
~SEAI~
. •.xti orrar tlsc~ as shall Ix rSEAI)
, q~s•ed by •''o hO1 Gr-r OI +h~S
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