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au~Y~ ~ W I~te soma, toget~ter wit~t the tenements, ka?tditaments and apptute-
nances thereto belonging, and the rents, issues and profits thereof, onto the mortgagee, in fee simple.
the mortgagor covenants with the mortgagae that the mortgagor L trtdejaosibly seised of sold
land in fee simple; that the mortgagor ha, good right and lawful aWhortq to oonnep said land a a/ora-
safd: that the mortgagor will malts such /umber assurnncts to perjact the fee strttple titb to said la.ed in the
mortgagee as may reasonably be required; that the mortgagor hereby jolly urarr+artb the titb to said load
and will da/end the same against ells lawful claims of all parsons wltontsowar: and that sold land is /tw
and clear of all encumb„atces except taxes accruing subsequent to December 31, 1979
~V~ ways, that i j :aid mortgagor shall pay unto said mortgagee th. oartatn prowtts-
~7? note heretnajter substantially envied or identified. to-wit:
MORTGAGE NOTir
S 1$ ~ 000.00 Stuart ,Florida
January 25 • 180
FOR VALUE RECEIVED, the undersigned. (jointly and sc~•erally, if more than one) promises to pay to
PAUL D. CO,fBS and -LORENE B. COMBS, his wife
or order, in the matsner hereina[ter specified,
the principal sum of EIGHTEEN THOUSAND and NO----------------------------------------/I00 DOLLARS
(S 18 , 000.00) with interest (tons date at the rate o[ 18X per tent. per annum on the balance trots time to time rcauitting unpaid.
The said principal and interest shall be payable in lawful monry of the United States o[ Attserica at 3823 S . E. Jefferson St . ,
Stuart, Fl 33494 or at such place as may hereafter be d~-signaled by written notice from the bolder to the maker hereof, on
the date and in the manner following:
PRINCIPAL AND INTEREST PAYABLE IN FULL
ON THE 20th DAY OF JANUARY, A. D: 1881.
This Promissory Note May Be Prepaid At Any Time
In Part or Whole Without Penalty
The time of payment is an essential part of
this Promissory Note, and if not paid on time,
a Late Penalty Charge of lOX of Payment due will
be assessed.
This note with interest is secured by a tnortgagc on real estate, of even date herewith, nude by cite maker hueof in favor of the said
payee, and shall be construed and enforced acrnrding to the laws o[ the State of Fbrida. The terms of said mortgage are by this reference
made a part hereof.
I( de[ault be made in the payment of any of the sums or interest mentioned herein or is said mortgage, or in the performance of
any of the agrectnents contained herein or in said mortgage, then the -entire principal wm and accrued interest shall at the option of the
holder hereof become at once due and collectible without twticc, time being of the essence; and said prinapal sum sad accrued interest
shall both bear interest from such time until paid at the hishest rate albwabk under the laws of the State of Fbrida. Failure to exercise
this option shall not cotutitute a waiver of the right to exercise the same in the- event of any subsequent defsWt,
Each person liable hereon whether maker or endorser, hereby waives raentment~ test, notice notice of protest and notice of dis-
honor and agrees to pay all t:trsts, including a reasonable attorney's fee, w it be 6ro bt or cwt, ij, after mature of this note or default
h~reutsder, or under said mortgage, eouttsel shall be empbyed to col is o ro t urity mortgage. 1
Whenrver used herein the terns "hoWek", "maker' and "pa sh Il to in a ugu r p! as the context may
require or admit. `
Makers Address _._........•--.-(SEAL) .
334 Cardinal Way
Stuart, Florida 33494 EA ~
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8(IOK
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(SEAL)