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~o ~iaue and to Mold the same, together with the tenements, he?edituMertts and appurte-
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nances then•to I,elun~ting, and the rnnts, issues and profits thereof, unto the mortgagee, in fee simple. i
end the mortgagor covenants with the mortgagee that the mortgagor is indefea3ibly seized o/ said
'f la?ul in fee simple: that the mortgagor has good right and lawful authority to convey said land as afore-
if said; that the mortgagor will make such further assurances to perfect the fee simple title to said land in the
li morf ftagee as may reasonably be required; lhat the mortgagor hereby fully warrants the title to said land
t and roiU defend the same against the lawful claims of all persons whomsoever: and that said land is free
- ~ and clear of all ertcttmbrances except taxes accruing subsequent to December 31,
1979.
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~ ~rouided always, that if said mortgagor shall prey unto said mortgagee the certain promis-
sory note hereinafter substantially copied or identified, to-wit: -
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$33, 000.00 Fart pierce, Florida, ~d day of March, 18 80
For value received, I, we or either of us, promise to pay, ~ without defalcation, to the order of
' ROSS AND RACE FOODS, INC.,
at 2$00 Ocean Drive, Riviera Beach, Florida, 33404, xEN~K
the sum of ~ AND NO/10 OLLARS
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with interest from date at the rate of 18 9c per annum, in~~y instalments as follows,
S 495.00* on the ~-day of ~ ~ 19 80 and a like sum
on the corresponding day of each like au 'ng period thereafter until the whole be fully paid
Earl laatalrsent brat shall 1» tapped le yassseat of tha' latsesat sad then on the ant+ald be?h?aw ~ the OrtaeiPal swo. It defwult la
ande la tM pa7aueat o[ ae7?-laatala,eat whaa dua. thm at tha optics o[ the holdw, and without aa7 other node.. all tM reeuinina'
lnatalaaeats shall 6a dw sad ps7abla st oeea. Prhthi[e 4 ttlws to pal two or more tmtaimeats at ta7 leatalmeat mwlarfb date. but
thb aWl sot a:teed the tlme of a+wa,rits of aws wd~t taatalasaat. Nakiter tarbaa,aoea. mr teeaWaaee bps tie bolder ber.ot t[ter
f w detwit Is ass. ovaat shall ba deae,ed pctsaaloe.
Each aaaker. aanh tad eadoraar haeso4 telatlf tad aaeeedls. wai.r demw„d. pte,eat~i, p:otoct -Fd aotix a! t~!! r!+~-
nutmeat, sad turlbar stress bo us e;taadoa oft flaw of psTSnat. eNhar before or attar matnrlts. without notice W wnr of w : and
to awl all eo,Ra o[ eolbdiea, laelsdint a reasonable dtoreey'a tea la tM secret of tat datanlt hereunder. and berebt erre**Iis wahea all
a banetit of hoe,eabad sad wsptioe usdar the eo„stitstiow tad laws o[ etch titafa of tha Uatbd states, •v atalnst th4 oditation or ant
e,Renaioa or rswswal hereof. •
Wftassr the hod sad anal of eta! parRt• .
i *The said $495.00 monthly payments shall be payable for 36 months,
or three years, from date, and shall be applied to interest accrueing
on the principal indebtedness. At the expiration of the said 36
months, the principal balance plus any interest remaining due shall be
paid in full.
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U-LOCK-IT, INC.
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B~- ~ ~ Pees' dent (ALAL)
Attest: ~~f•~(SEAi.,) -
f 32~ • Secretary
a(:~K ~ PGGE 544
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