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I J~ ni1Ve ~ l0 nV~ the same, logelhar with the tenements. hereditamenls and npptute-
rtattces thereto belonging, and the rents, issues and profits thereof, unto the mortgages, in fee simple.
the mortgagor cpuenants with the mortgagee that the mortgagor to indefeasibly seized of said
land in fee simple: that the•itiortgagor has good right acrd lawful authority to convey said land as afore-
. said: that the mortgagor will make such further assurances to perfect the fee simple title to said Land to the
mortgagee as may reasonably be required; that the mortgagor hereby fully u~arrnnta the title to said Land
and urill defend the same against the lawful claims of all pe?sons whomsoever; and that said land 4 free
and clear of all encumbrances except taxes subsequent to December 31, 1979.
~~utded ~IU2UJSr that i f said mortgagor shall pay unto said mortgagee the certain p?omia-
I` sory note hereinafter substantially copied or identified, to-wit:
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INSTALLMENT NOTE
s 47,-000.00 Fort Pierce, Florida, _March__26.~._-__- 19 80
For value received we, jointly and severally, as prinicipal promise to pay without defalcation to the order
- DAVID K. GOSNEY and REGINA V. GOSNEY, his wife
' of - -
312 SoutTi-4t:fi Etreef -Port-Erects;-Florida -33450- -
at the office of said payee in Fort Pierce, Florida, the sum of
FORTY-SEVEN THOUSAND AND NO/100--------------------=--------_- DOLLARS,
with interest from date at the rate of ~aelve-~ per annum, in monthly installments, payable as follows, to-wit:
Five Hundred S' -Four and 08 100 DOIIARS, on the 1St day of ~Y_______-_-, 1980
and Five Hundred-Si.~cty_F~_~rlC1Q$/iQ(bOLLARS, on the 1st day of each succeeding month there-
after until the whole sum named is fully paid-
Each installment first shalt be applied in payment of the interest and then on the unpaed balance of the principal sum. If default
is made in the payment of any installment when due, then, at the option of the payee all the remaining installments shall become due and
payable at once- Privilege is given to pay two or more installments at any time.
Should it become necessary to tolled this note through an anorhey, either of vs, whether maker, surety a indorser on this rate
{ hereby ogress to pay all costs of collection, including • reasonable attwrte~a fee_ •
E The makers, sureties and indorsers hereof severally waive presentment, protest and notice oS protest for non-payment of this rate
and agree that the time of its maturity may be extended before or after maturity and do further severally agree to any renewal thene~f before
or after maturity, without nonce of them. In the event ally payment required nerelIIlder 1S II1pre tllsll 8 days
late, the maker agrees to pay. in addition to said payment, a late penalty and service charge of
1 ~ . 00 or the maxiurnm amount payable without violating any usury statut~,~_
fhic~le_
ver is - - - tSEAI)
- _ _ _ . _ _ _ State documentary lesser. .
cramps attached to originaF Reil}!lefi~l Z: -D~1eVanf~e; - Tr. - - ~ - - - (SEAL)
note and cancelled)
- ---(SEAL)
€ - - - - - (SEAL)
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