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~ ~o due yid to ~Co[d the snme, together with !h/ t~ete<,tw heredilaments and appurte-
nances thereto belonging, and the rents, issues and projit~ thsreo/, onto the:drtortgag«. i1? .fee simple.
the mortgagor covenants with the mortgagee that the mortgagor is indejegsibly-seised of said
land in lee simple; that the mortgagor has good right and lawful authority to convey said land as of
ore-
. said: that the mortgagor will make each further assurances to perfect the fee simple fttle to said land in the
mortgagee as may reasonably bQ required: that the mortgagor hereby /ally wamtnb the title to said land
and u~tll defend the same against the lawful claims o/ all persoru whomsoever: and llza! said land is free
and clear of all encumbrances except taxes accruing subsequent tO
December 31, 1979. '
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~~utded that i j said mortg~or ahaU pay unto said mortgagee the certain promo-
sory note hereinafter substantially copied or tdentified. to-wit:
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.j~-* X77 , 500.00....... Port. St Lucie.---....... Florida,:`.~'~i~'~...~...._....1$.Q..... r
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• ~ur ~tilue ~;Zereibea the undersi ned ' ntl and several)
, 9 la Y Y promises to pay to the order r ~
- • -~rv~--~rrlrmir~~-- ~n~~onu~....
. the principal sutA0l~..li[INDRF.A...,S.~YRNxX-,~F.Y.Ft9.._~'EIQU~A~U?/_.-----.--Dollars (Sl.?_Z.r.~O.Qilla.-•---•l, ,
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t ther with interest thereon from date at the rate of. 11 i:'`
-r oge -------------------per cent. per annum uNil msturify,
- said interest being payable monthly on thsSEE__BELOW _ ~y of each and every month both principal e
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and interest being payable in lawful money of the United States at3~13_Q_.
G[]1xE._~HURE
BOULEVARD NORTH APARTMENT 3-A NAPLES FLORIDA
-.c _-__...---------------------•--......------------Florida. -
- ; * or st such other place as the holder hereoF may designate in writing. Printapal and interest payable in install-
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menu o~F~__BItL43^I__...-._.-•-----_---- Dollars. (S-
each on the. day of each and every month, beginning on the day o!'.___.._.._._._._.. ~ ~'e
~~s*
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19_....._, and continuing until said principal and interest have been paid. Each installment payment shad be
uedtted first on the interest then due; and the rtimainder on principal; and interest. shall thereupon cease upon x
_ ~ the pnnapa! so uedrted. - 1~.,
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- Makers herein ~ shall pay the within Note in Four (4) equal semi- Lt=
annual installments of $44,375.00, plus interest as hereinabove
recited commencing on February 1, 1981. Makers shall have the k~'~
right to prepay all or any portion of the within indebtedness at
x+:~
_,r any time without penalty except that no prepayment shall be allowed ~L=:
until January 2, 1981. k+:~
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T Each meker and endorser ssvsrally wairss demand, prdssl and notice of maturity, rwn•payment or prdsst and ail re- ms's
quiremads nscsssary to hold each d than Viable as makers and srldorsers- x y
Each maker and sndwser Further ogress, IaMIY and se~sratly, to pay all costs of collection, including a reasonable actor- ~
nsr
s Fw in cars the principal of this note w any payment on tFrs principal-a any interest thereon is not paid at the respective j~~,y
maturity tMreoi, or in case it becomes necessary to protect 1M security hsrsoF, whNher suit bs brought or nd-
This note and deisrrsd interest payments shatl bear interest st the rats of 11$ per cent. per annum From maturity k•~i'1
. / 1't,
- until paid
• ~ this Hots is secured by s First mortgage d even date Frsrewith and is to be construed and snlorced according to the law: ~
;
- of tlts State d Florida; upon dsfaub in the payment of principal and i or intsrsst when due, the whole sum of principal and . L
intsrsst remaining unpaid shall, at Iha option d the Iwldsr, become immediately dw and payable ~•'y
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~ ; 800K c~.0 PdGE ~~JJ9 ~ .
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..ISsat) (Ssall k~'j
~ William F Blackburn
' ..................(Sesl) (Seal) .k~"t
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Catherine J. Blackburn •L~
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