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~o ~iaue and to Mold the same, together with the tenements, hereditamenls and apprrrte-
~ nances thereto belonging. and the rents, issues and profit: thereof; unto the mortgagee, in fes simple.
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the mortgagor coaenants with the mortgagee that the mortgagor 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 tuIII mnke such further assurances to perfect the fee simple title to said land in the
mortgagee as may reasonnbly be required; that the mortgagor hereby fully wannnts the title to said Land
and will defend the same against the lnwjul clnima of all room whomsoever; and that said land is free
and clear o all encumbrances except for ad va~orem taxes subsequent to
December 31, 1979 and the mortgage assumed.
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~COU~ded ~lWatJS, that if said mortgagor shall pay unto said mortgagee the certain promia-
i` sory note hereinafter substantially copied or identified, to-wit:
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s___~0, 000.00- Orlando December
Florida 2 l97 9
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As hereinafter set forth after dare, I, we or either of us promise to pay to the order of
VINCENT J. DONAHUE and SHIRLEY M. DONAHUE, his wife
DOLLARS
_-.-THIBTSL_T _80~1DII-=-_
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~ for value received, payabb at -1 I~il1QYSiLeEILs-~nco~_BEach,_~lorida~2131
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~ ~ _ _ _ ~r_ with interest
date 10 ~ annually
~ from at the rats of . - .per tent per annum until .paid; -interest payabb
Md each of us whether malty, p?aranfor or er+dorsar; hsnby severally wsrves and rerwunces any and ap homestead exsmpflon ri~ vra may
~ have order the Coreditution or Laws of tM Stan of Florida, a any other State, or United States, as Kaint this note; and each further waives demand,
¢ notice of rwr?paynwnt and protest, and in the everd K Dacornes necessary to calea this rote throw an attorney. epees to pay all coots of collectiory
irrludird naronaWe attornya fee. - ' - - _ • - _ _ _ _ . - .
This promissory note shall~be payable in interest payments only on June 30, 1980,
June 30, 1981 and June 30,_1982; thereafter this promissory note shall be payable _ ~
in ten (10) equal annual- successive level installments of $4.882.50 ~
including interest at lOX per annum, until fully paid, the first of such - -
a installments to be due and payable June 30, 1983. _ ,
This promissory note•is.not to be prepayable during the calendar year of closing;
this promissory note may be prepaid on the first, second, third, fourth or fifth
anniversary date upon payment to peyote of a prepayment penalty in the amount of
SX of the outstanding balance of this promissory note at the time of said pre- ~
payment. - - ~
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ST. LUCIE GROVES,
A FLORIDA GENERAL PARTNERSHIP
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- . - -may--L~ George Norma--- ~L
_ GEORGE NOGA,_ a General Partner
. Nfa Due SEAL
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