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~t ~0 ~l~ ~ t0 the ,am•. eogeth•? with the trurn•M,~ ii~lta~wr•nb b appurt•-
nances thereto fielongtng, and the r+ent,. t„ua and profit, th.r•oi, onto the niortgag•.. to i« ,tnrpl•.
the mortgagor cownariis 4+ttk the mortgage. that the mortgagor t, ind•iaaibls a•t:.d of ,std
land to /es simple: that the mortgagor bees good right and lawful authority to Donors aatd Iarsd w a/on-
aaid: that the mortgagor will male. such f
ureh.r a,auronrw to p•rf
•d ti~• f« atmpl• till. to aoid land in the
mortgag« a, mar ~.a,onably b• required: thot the mortgogor hwby lulls wananta the till. to aatd fond
and u,tU df
end the same ogatnat the Iow/u! claim, o/ all p•non, whanao•wr; and that ,std land ~ Jn•
and clear of all encumbr+ancaa exCt3pt texe8 accruing atabseq~lt bo Decedber 31, 1979.
that ij ,aid mortgagor ,hall par unto ,std nwrt~eg•• the certetw pt~orrli,-
aor nat. her,tna/e.r ssristanttoUs ooptsd o: tdnsfid, te-soil=.
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.c; s 15,.000..00............ port. St.-. Lurie . - - -..Fbr':da, January 31, , 19 80
a G~~~ the wtdersi~rted jointly and severally promises to pay to the order
t.
y ~ I~i acrd MAE~t F. GILLIIO, his wife
the prindpa! sum of..Fll:'l'F-k~l ~IOUSIIND..At~. NO(~QQ ..lbflars (S 1~,000.QO ,
together with iroersst thereon from date at the rate of ~'FIV (10$) ..per ant. per :mum uNN mahtrily,
said interest being WYabie mtxtthiy on the..... ' 29th .day of tech and every month both-prMCips)
and interest being payable in lawful money of the United States at OLD GARS HILL RL1~D
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F:A9't' .~iA~?ML. Nf7~1vYnRK.....12060..... . _ _
a at such other place as the holder hereof may dest9rtste in writing. Principal end interest paysble in install-
~ • menu of. ZHREE. t11~2ID EIQfl'EFI~1 AND 71/100 Douan, (=318.71 )
each on the. 29th .day of oadt and every month, beginning on tM ....day of..
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19. 8U ,and cont'uwin9 untN said principal end interest have been paid. Each installment payment shsN b•
i uedited first on the iNerest then dw; and the remainder on prirtapal; and interest shah thereupon cease upon ;
the prinapsi so credited. ,
MAKER RESf1tVES THE RIQIT TO PREPAY ALL OR ANY PORTION OF THE WITHIN II~IDF$I'Elx1F:SS
AT ANY TIME WITilOUP PF1~AI„4'Y.
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Each maker end endorser severaNy waives demand, protest and notice of meturity, non-payn»n1 or protest and eA r•-
quirements n.c•ssary to hold each d theta liable as etalters and endorsers.
Each maker and endorses further agrees, Ia~h? and swraNy, to par aq cost: of collection, including a reasonable alloy.
n.r s lee in case tM Principal d this not. or any payment on die principal or aety interest thereon is not paid at the respective
maturity thereod, or in use it becomes necessary to prol•d Ilre seurih? heed, whether suit be brought a not. ~
This not. and d.farred interest paymeNs shah bear interest at the rat. of 10 .......per cent. per snrturn from maturity
until TM's note is secured by a first mortgage of even date herewith and is to be construed and •nforud according to the hors ~4':
of the State of Florida; upon defaub in the payatent of principal andlor interest when dw, the while sum d printipsl and ;
~ interest retttairurg unpaid shall, at tM option of the holds. become im ~ sly dw and payable. ;
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