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~o ~taue and to Mold 1{te same, lugPf{ter with the tenements, heredifamenls and appurle
nanrPSjlherPfo 6Plon~finp, and 1hP rnnts, issues and pro/ifs thereof, unto the mortgagee, in fee simple. ,
jf find IhP morlrfaffar t•ovnnanls u~ifh the mortgagee that the mortgagor is inde%asi6ly seized of said
land in fee simply: that the mortgagor has good right and lawful authority to convey said land wafore-
said: Ihal fhP morfga~~r, tYilhm~A such further assurnnces fo per/Pct the fee simple title fo said land in the
mortgagee as may reasonnhly 6e iequired: that the mortgagor hereby fully wnrrnnts the title to said land
~j anti will dPfettd the same against the Iau•Jul claims of all persons whomsoever; and that said land is /tee
t and char of all PIICtIm6ranfPS eXCept taxes accruing subsequent to December 31,
ii 1978 .
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~rouided always, that if said mortgagor shall pny unto said mortgagee the certain promis-
,I sory note hereinafter su{.sfnnlially copied or identified, to-wit:
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PRCYKTS,S(1RY NOQ~
$195,250.00 Fort Pierce, Florida, Dect3nber 15, 1979 -
For value rc~~eived, I, we or either of us, promise to pay, wit`~out
defalcation, to the order of DAVID L. i~LALi~F2, KE"~ZH L. NEILL, ROY L.
Iv"F:II.L and JA?~5 DAVID NEIId,, at Sun Bank of St. Lucie County, Post Office
Box 8, Ft. Pierce, Florida, the sum of OtdE HIJI~DRID NII~~.TY-FIVE THOUSIII~ID
ZY7O HU:v-DRID FIFTY and no/100 ~~OLI.ARS, with interest from date at the rate E
of 10$ per annum, in 120 monthly irstallme~ts as follows, $2,580.32 on the
15th day of January, 1980, and a like sum on the corresponding c'.ay of each
lice su~c~~>eding period thereafter until the whole be fully-paid.
Each installment first shall be applied in payment of the interest and
~ tnen on the unpaid balance of the principal sum. If default is rrti3de in the
p~:y~nc~nt of any installrr~nt when due, and csantiiitx~s for 30 days, thE•n at the
option of the holder, and without any other notice, all the rcinaining in-
stallments shall be due and payable at once. Privil+~ge is given to pay two
or more ir~stalln~ts at any installment maturity date, but this shall not
extend tl~e time of rr~-~turity of any subsequent installment. Neither for-
t~caranCe, rot dCCC~t<3nCC b_y the holder hereof after ~-~ny default in any pay-
nxnt hereon, shall be decined extension.
F.~ch maker, surety and endorser hereof, jointly and severally waives
c3~s*rind, pre~~ntr>L.-~t, protest and not ice of protest for non-pa~nr~nt, and
flu trier agrc Ls to any extr~nsion of time of pl~yrx~t, either before or after
r.3tur.ity, without notice to any of us; and to pay all costs of collection,
i ir~clir_iing a rt~:~n~3ble attorney's fee (trial a,-~d appLllate) in the event of
i .sny def-cult h~_re~uxler, ~rnd hereby ~~c~ve.i-ally waives al.l t~ef_it of harx :st_ead
and cxerr~ticxi un3er the constitution and laws of each State of the ifiit.e~d -
States, as .-rc3airst this obligation or .:ny c~xtentiion or rcr~ekal hereof.
~ti i tress the h~-ind and seal of each party.
Tax rrr~~irc~d by §201.08 Fla. Slat. has br.~n
~i~3 a~xi proper st<~rr~s affixcx3 to nc~r±rjac~e
wi~i~h sc~.-ures the obligation c~vidc~recti by
this note.
F~iix~rt E. ~~n
aoo i~2 PecE~7~
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