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~t ~ ~ the same, together with the tenements, kereditamenb rind appurte-
nances theroto belonging, and the yenta. issues and prof its ihereoj, unto the mortgages. in jet simple.
the mortgagor covenants with the mortgagee that the mortgagor is indefensibly seized of said ;
land in fee simple: that tke mortgagor hw good right and lawful authority to rnnvey avid land as afore- 1
said: that the mortgagor will malts such jtartker assurances fo perfect the fee silntpls 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 same against the lawful clairrta of all persons whomsoever: and that said land is J?ee
and clear of all encumbrances except taxes accruing subsequent to December 31, 1978. `
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~V~ ~IUSJS, that ij said mortgagor shall pay unto said mortgagee the certain promis-
gory note hereirtajt.r aubatantinUy copied or identified, to-wit:
S . 7,.ZQ~._QQ . Fort Pierce, Florida Deceulber__3_ , 197__
As .hereinafter specified after date, 1, we or either of us promise to pay to the order of
-HOLIDAY PINES-, --A__FLORIDA__GENERAL .PARTNERSHIP _
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-SEVEN THOUSAND TldTO.HUNDRED AND NO/100--------_--------------------------------DOLLARS I
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for value received, payable at . 15000._Highway 54 West l
_Zephyrhills, Florida.__33599____ _ with interest ;
/and principal monthly
~ from . __._da.te _ at the rate of 8 per cent per annum until paid; interest payable
And each of us whether maker, guarantor or erxturser, tv`reby severally waives ars,t ren,wrxes any arut all homestead exemption rights we
msy have under the Ccnshtution or Laws of the Slate of Florida, w arty other State, er United States, as against this note; and each further waives ;
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demand, notice of non-payment and protest, and in the event it becomes neceuary to collect this note through an attorney, agrees to pay all costs i
of collection, incl,drng reasonable attorney's fee. _
Payable in 96 equal and consecutive monthly installments of }
One Hundred One and 78/100 Dollars ($101.78). First payment
begs"nning Jan. 3, 1980 and continuing monthly thereafter _
until said principal and interest are paid in full. s
Borrower shall pay to Note holder a late charge of Four (4) percent
of any monthly installment not received by the Note holder within
Twenty (20) days after the installment is due.
This obligation may be paid in whole or in part at any time without
penalty.
No. _ _ _ . oue Laurel Builders,- Inc.. _ SEAL
By ; /3/ Peter C, -.Robinson V P,. SEAL
Peter G. Robinson V. P.
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aoox~z~ PacE1~~•,