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~o ~iaue and to ~iotd Ilre 3~??iea ttlg~fher with the tenements, hereditanenfs and appu?fe-
nancesjtherefo belonging, and the rents, issues and profits thereof, unto the mortgages, to Jee simple.
~UNfi the mortgagor rnvenanfs with the mortgagee that the mortgagor is indefeasibly seized of snid
land in fee simple: that the mortgagor has good right and lawful authority to convey said land as afore-
~ said: flint the mortgagor will make auch further assurance: to perfrct the fee simple title to snid land in the
mortgagee as may reasonably be repaired; that the mortgagor hereby fully warrants the title to said land
and will defend the same agninst the lawful claims of nll persons whomsoever; and that said land is free
and clear of all encumbrances except for ad valorem taxes subsequent to December 31,
1979 and the mortgage assumed.
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~COUtded 7llWAlJS, that i/ said mortgagor shall pay unto said mortgagee the certain prorAts-
~ sory note hereinafter substantially copied or identified, to-wit:
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s 30,000.00 - . ~ : • - : = - Orlsndo~ Ftorid. - December 27_ ~ _ tg74~ -
_-4 As hereinafter Bet forth after date, I, vue or either of us promise to ~
wr ~ the order of 1
_ ___VINCENT J. DONAHUE and SHIRLEY_M~ DONAHUE, his-wife
THIRTY THOUSAND AND NO/100-- ~
- w DOLLARS
for value received, payabk at ~ 7 Willow Green, Cocoa Beach, Florida -32931 _
- - - - with interat
from date at the rate of - '10 per cent pe{.annwn-until peyab - -
paid; interest k --annt.>ally
Md each of us vdsether +rsakar, •psarantor a endorser, FwabY eewalb waives ~rsd rienaw~ees any end ail homestead exemption •ri~sts we may
have under the Constitution or Laws of the Stall of Florida, or
any other•State, or United States, as a~ainat this note: and each further waive demard,
notice of norfpayrnertt and protest, and in the event K bacornes rsecestary to collect this note
thros+ds an attorney, aereea to pay_aU costs of coYectar?.
indudir>t reasonable attonsatls fee.
-This note shall be payable in interest payments only~on June~30,-1980,-June 30, 1.
1981-and June 30,,-1982; thereafter this promissory note shall be payable in
ten (10) equal annual successive level installments. of $ d gR~_5~_ including
interest at LOX per annum, .until fully paid, the-first-of.such installments i
to be due and payable June 30, 1983. _
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This promissory note is not to be prepayable dur~.ng the calendar year of closing; i
~ 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 he
g amount of SX of the outstanding balance of this promissory note at the time of
said prepayment.
FT. PIERCE GROVES,
A FLORIDA GENERAL PARTNERSHIP ~ ~
I -BK__/s/ -George _ Norma sr~?t ~ i
. _ GEORGE NOGA, aGeneral-Partner ~
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