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~0 )RAYe silili W the same, together with the tene»ienb, heredttaments and oppurte-
narteesj~~h,~ere~to belonging, and tl~e rents, itsues and profits thsreoj, unto the mortgagee. in fee simple.
7ilt~ii the mort a or covenants I
g g w th the mortgoges shot the mortgagor 4 indefeasibly seized of said
land to /ee simple; thot the mortgagor has good right and lnw/ul authority to convey said land as ajoro-
said; that the mortgagor will males such further assurances to perfect the /e. simple title to said land in the
mortgagee as may reasonably be required; that the mortgagor hera6y fully warrants the title to sold land
and will defend the same against the I¢wjul claims of all persons whonuoewr; and that said Land is free ~
.=J ~t_.._ „t ill ,,,,,.,...,t,,,,,,,,,,,, RXt~pT AS H61E]N SEED.
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l~li~f that ij said mortgagor shall pay unto said Inortgaget the certain promb-
sory note .hereinafter su~antially copied or identijted, fo-wit:
s StS, 750.00 ~ Vero Beach, Florida March 21 ~ 1980_ _ ,
. Fa. value received, the undersigned jointly and severally promise to pay to the order of
H. _R. _HOLMAN and_THOMAS_B. HOLMANs._Co-Personal ReQresentatves_o£^ ~
the Estate of DORA BELLE HOLMAN, decea$ed, „
at. '
the sum ofFIFTY-EIGHT THOUSAND SEVEN HUNDRED FIFTY AND NO~/100--- Dollars
with interest after April 1 f ~.9$~ the rate of ten (10$) -per cent per annum. -
Principal and interest shall be payable in the following -manner:
The principal indebtedness evidenced hereby shall be payable in
nine (9) equal and consecutive annual installments of Three Thousand
Nine Hundred Sixteen Dollars ($3,916.00) each, beginning on
April 1, 1981 and a tenth (10th) and-last annual
installment of Twenty-three Thousand Five Hundred Six Dollars
($23,506.00), payable on April 1_, 1990 To each annual
installment of principal shall be added interest at the rate
specified herein.
Prepayments may be made at any times and in any amounts without penalty. All payments
shall be applied first to accrued interest and then tQ principal.
If an a ment is not made in full w th' n ~t) dayys of cue, date,
Y P Y lAC~4Att the entire unpai principal and accrued interest,
less any unearned interest and any interest in excess of the maximum allowed by$ law and any re-
bates required by law, shall at the option of the holder become immediately due and payable with-
out notice. Failure to exercise the option shall not constitute a waiver of the subsequent right to
exercise it. - ~
Each of us, whether maker, surety, guarantor or indorser, severally waives presentment, demand
for payment, protest, notice of protest and notice of dishonor; ccnsents that this note or any part of
it may, from time to time, be extended or renewed without notice for any period (whether or not
longer than the original period of this note); agrees that the exchange, release, surrender or sale of
all or any real or personal property or collateral that may be given to secure the repayment of this note
shall not release or discharge any party obligated on this note; agrees that the release of any party
liable upon or in respect of this note shall not release any other such party; and agrees to pay, in •
the event of a default, afl costs and expenses incurred in the collection of this note including attomeys'
fees equal to 10 per cent of the principal sum or such larger amount as may be reasonable and just
and also those costs, expenses and attorneys' fees incurred in appellate proaieedings.
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