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70 ~ ~ tTttt aatNe. top•tlter tWllt tlt• tat~tt~tfa, l~gndi .ahl~ aippur!•-
nanees th.reto jtetongltig. and tlt• twits. isstra aria[ pro/lta eha+e% twito eh• tttortgagee. rR stntple. `
th• tttortgagot• c~ooettautes tutth eft. trtortgagee that file tttortgapor es ind%asl6h seised o/ slid ~
land to simpG: that th• Mortgagor has good reghr and lain/ul auehorftp to oonwy sold land o, a/an-
satd: char th• tno.tgagor wilt eiahe such jtuelir auurattces to per/eet t1t• sirtipb tltfi to :aid land In th•
• ~ tttortgagee ors ttaer t~easonabl)r be rsqut>rd; shoe the mortgagor h.rt:by f
ttllp watt+ants t1t• title to said [a.id
and will defend the sane agai~ist the taw/ul clalats o/ all perso,is whotnsoew:; _ and that said fond is /r+ee
and ~ of aU erictunbranca* except taxes accruing subsequent to December 31, ~ f -
• ~ 1979. _
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that i/ said mortgagor shall pay unto said ntortgage• eh• grtaln promis-
+a7 note ha+sirto/ter substantially copied or id•riti/lsd, to-wit: '
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,121,,_000 • Vero Beath, Florida_~Y,:.IluBry_.~D..__._----~._.19
80____i .
In the mamer hereinafter set forth after date, 1, we a either of us promise ro pay to the order of
ELAINE R. HERMAN ~ -
TWENTY-ONE THOUSAND AND~00/100's------------------
- _ oow?BS-
for vahie~ received, payable at _$?~L._$~L_~t~.'~~~Q.Z1;F1o~~Qret 3uCh _Q~~~p~aee
o~ as-payee may designate
with interest from ___date_ Mat the rate ~ _ 10% r oerit aS stated
pe per annum until paid; interest payable -
- below..
Md each of us whether maker, gwrantw or endorser, hereby severally waives and rertr~n:.s an;• and aH homestead exemp-
tion rights rre may have under the Constitution or Laws of the State of Florida, or any otht. '•-~e ~+r United States, as against this.
note througet an attorney, agrees ro pay all costs of collection, including reasonable attorney's lees. Failure ropey-arry installment
of principaP or interest when due under the temns.of this note shall, at the election of the holder-thereof, cause the entire unpaid
balance ro became immediately due and payable. -
This -note shall be due and .payable i:~ sixty (60) -monthly installments
of $446.19 each, commencing on-the 1st day ~f May, 1980, and continu-
ing on the-1st day-of each and every month thereafter u*etil the entire
amount of principal and accrued interest thereon shall have been fully
paid. Payments shall be applied first to interest then outstanding and
next to the reduction of principal. Privilege of prepayment in. whole
or in part without premium or penalty is granted unto Maker. This note
is secured by a real estate mortgage_of even date .and is subject to the .
terms and conditions therein express~d.
KINGS TRUST, INC.
BY : (SEAL)
t. (CORPORATE SEAL) - C. Sc wa rest ent
C: john Rexford, Secretary
hlo. ~,e - SEAL
~~324 P,~267~ . ~ -