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~o ~iaue and to ~lotd the same, tuyelhc•r with fhr fc•nc•menfs, Ireredifuntenls and nppurfe
nanrc•s Ihrn•tu hc•lun<limt, and Ihr• rents, issues and prujils fltereuj, unto the mortgagee; in jee simple.
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li ~lnd flfc• morftfatfor cof•rnanls with !hp mortgagee Ihaf the mortgagor is inc~ejeasihly seizrcl of said
Innrl in jvc• simple: that the mortgagor has good right and laurful aulhorfty to canvcy said tarot as afore E
said: flrat Ihc• mo?fltattor will matte such Jurthe•r assumru•es fo perfect the jee simple title to said land in the ~
mo?yuylrr as ma. reaso?utbly bP reyuirc•d: that the mortgagor hereGy fully wnrrants the title to said land
anti will dejc•nd the same against the laurful claims of all persons whomsoever; and that said land is free
and clrar of all r•ncumhrances
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~rouided ~itways, that ij said mortgagor shall pay unto said mortgagee the certain promis- ,
sory pole hereirta'ter sul?sfantially copied or identified, to-wit:
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=12_,000•.00. Ft. Pierce December 17 ~ 1979
t7orrda ,
FOR VALfJE RECEIVED the undersigned promises fo pay to the order of
LUELLA...J..-... Q.'.NEILL.,....an....unrezna.r..x~..e.d -widow-._.. _ .
th. principal sum ~l....Twelue.- _Thousan~i. & - - - - - - - - - - - - - - - - - - - o ~ - ~
--.....~.Q L..1Q.Q......._..».._ _ _ . oltar: s 12 00.0..00 . ,
together with interest thereon from dste, at the rate of..............._...12............».»....._......per cent, pe. annum _ -.-.........until msfurity. said interest
being payable._...See BelOW .on the day o/ _ and... -
each year; both principal and inte?eu being payable in lawful money of the United States a its equivaienl,-al S15 S , Indian
~ River Drive., Ft . Pierce ,..-.FL..-334 pr,ncipal sum to be payabk on tM dares and in the amoun?s ~peahed below, to•wit:
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The principal sum of $12,000.00, plus interest at the rate of
12% per annum, shall be due and payable one (1) year from the
~ date of this obligation.
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e Privilege is given to prepay in whole or in part, this obligation
without penalty.
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Each maker end endorser severally waives demsnd, protest and police of maturity, non•psymsnl or r. ores! and all requirements necessary to hold each of
~ them batsle as makers and endorsers.
Each maker and endorser (wther agrees, jointly and severally, to pay all costs of collection, including a reasonable arlorrtey's fee in caa tts! principal of
This note a an -
Y payment on the pr~napal or any interest thereon is not paid at the respective ~nalw~ty fhcreof, or ~n rase it becomes necessary 10 protect fM
secw~ry hexed, whether wit be brought a not
This note and deferred infer t payments shall bear interest at the rare of 12
.............per cent, pc•. annum from maturity until paid-
This nde is secwed by a .f~1rS-t .-..-mortgage of even date herewith and is to be construed and er•lorced accard~ng to Ihs laws of the State o/ Florida;
` upon default in the payment of principal andfor interest due on any nose secwed by said Mortgage, atl Holes so secwed and remaining unpaid shall forthwith
become due and paysbk nrNwilhstandirtg their tenor.
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' Lt~wis E . Duell ~ ~ • -
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Sarah H. Duell
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~~l'~32~ ~a~~148~