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~o ~iaue and to ~otd the same, together with the tenements, hereditumenls and appurte- I
ponces thernto belonging, and Tie rents, issues and projils fhereoj, r?nto the mortgagee, in jee simple.
end the mortgagor covenants with the mortgagee that the mortgagor is tndejeasibly seized of snid
land in jee simple: shat the mortgagor has good right and lawful authority to convey snid land as of
ore-
i said: that the mortgagor will make such further assurances to perfect the jee simple title to said Innd fn tote
mortgagee as may reasonably be required: that the mortgagor hereby fully warrants the title to said land
anti will de(ertd the same against the Iawjul claims of all persons whomsoever: and that snid land is free
and clear of all encumbrances except taxes accruing subsequent to December 31, 1979.
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~COU~ded ~UWaIJS, that tf said mortgagor shall pay onto said mortgagee the certain promi:-
sory note hereinafter substantially copied or identtjied, to-wit:
s 12,000.00 ~ B~~~z ~ ~ , !!1~s, ri,.r,d,
' Apri 1 1 . l9 80
FOR VALUE RECEIy.F,D, the undersigned. (jointly sad severally. if more than are) promises to pay to
LAWRENCE M. HAMMETT, III and DONNA M. HAM~IETT, his wife -
. or order. is the maaner hereinafter specified,
tha principal sutra of Twelve Thousand and n0/-----------------------------------------,/l00 DOLLARS
i 12 , 000.00 )with iatereat tree data at the rate of 1 ~ per ant. per aoatim oa the balance from time w time re.aainiog unpaid.
The raid principal srd interest shall be parable it? lswid wooer of the united states of Atneriu a< 342E Carlyle Street
Fort Pierce, FL 33450 a at such place u mar herralter be designated br written notice from the bolder to the maker Aereot. sin
the date srd in the en:oner tollowio~:
i .
• Face Amount of this note & mortgage payable with interest thereon,
from this date, at the rate of ten per cent, (10X) per-annum in 36 -
. monthly payments. Payments will be in the amount of X333.33 principal
plus interest, computed on the unpaid balance: First installment shall
be due January 1, 1981 and continue 'monthly until paid in full.
Tha riyht to prepay without penalty is hereby reserved.
77tis note wilt in•.erest is secured by a mortgage on real estate. of even date herewith, -made by the maker hereof in favor of the s.id
payee, ar?d shall be sooatrued sad entorud aooordietg to the laws a! the State of Florida. 71e terms of said mortgage ue br this rderencc
made a part hereof.
If default be made in the psynteot of arty of the sums or interest mentioned herein or in raid ertortRaRe, a in the performance of
any o[ the agt~ementa eoatained herein or in said mortsage. then the entire principal awn sod sctrued iotaest shall at the option of the
holder hereof beoane at Dace due and oolkctibk withoat notice, time being of the caseate; and said pnwtipal wm sad accrticd interrsi
1 shall both bear interest from such time until paid at the 6igbat rate albwabk under flee taws of the Stain of Florida. Fsil.sre to atercisc
ehu option shall not constitute a waives o[ the rtsht to ssr~eressa the acme io the evesK of gar subegtiewt dc4tilt.
Each persou liabls bacon wbsther tssekes or sndonsr, hereby waives preaentataoy peoteat~ wotiee notios of protsat awd stoma of dis•
~ honor and sgrea to par all cow. incJudittS a eeaaonabTt attornslra ks, whether atilt be brought or »bt, ir, after auturitr of this cote a defatik
I hereunder. or under acid taortgaEe, eouoad shalt bs etapbyed a soiled thin sots or a protect the seertitr of said toortgare.
Whenever used hueio the terms "bolder". "matter"- and "payee" sha a eoastrutd is the sitr~ular plural u the sooteat ttta
?c~•~:;;, of trit.. y
~ >vLakrr's Address ~ ' .................._...........(SL'AL)
'f•"`~.fiL'~~:~'K~..( ~ (SEAT.)
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