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~0 ~ ~ the saint, together with the tenemtnts, hereditanenta and appurte-
I nnncYS thsrelo belonging, and the cents, issues and projita thrrleoj, unto the mortgagee. in jet simple.
the mortgagor r^OiMnanb with tht mortgagee that the mortgagor is indejsasibly seised of said
land in jee simple: that the mortgagor has good right and Iawjul authority to convey sold land as afore-
said: that tht mortgagor wiU matte such further as,urancea to psrleM the fee simple utb to ,std land in the
mortgagee as may reasonably 6e rpuirod: that the mortgagor hneby juUy u?arr+anta the titb to said lord
and will defend the same ogainat the lawful claims of aU persons whomsower: and that said land is free
and clear of aU encumbrances except those continued in the Public Records
of St. Lucie County, Florida, and any bulkhead lines established
by governmental authority.
~U~s, that I j said mortgagor .hall pay unto said nwrtgagee the certain Promts-
gory Holt hereinafter substantially copied or idtntijied. -to-wit:
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= 54 , 000.00 ~3alZ.ywoad-... dr•-~ra March 2 7~ - '80
rQR VALUE RECEIVED tM undersigned promises to oay ro the order or
Douglas -J : = -Yo-ur.ex, . Trustee
rye pr,nc,pal sum of f i f ty-..-four ..thousand------.........._..._ oonar, t: 54 , 000.00 +
3`? ~ Drlil~~d1~ inrereu thereon born date, st file rare o1 twelve ..................pet cent, Der annum until mstur•tr. seed •nrerest
each six months
/being parable SeTi!1-anriuallyrhe 1,$t dar of October ..,...1980 and. thereafter -
each year, boNr principal and intereu being parable in lawrvl money of the United States or its ear,iraient, at 102 Shore Road •
j Stuart , Florida. 33444 ,,,d pr,,,c,p,t sure to be DaraDle on the dates end in the amounts specdred below, to•wd
Principal and Interest to be paid semi-annually as follows:
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October_ 1, 1980 $3, 588.93 (Thirty Five Hundred eighty eight&93 /100)
April 1, 1981 $3,588.93(r"hirty Five :-?undrec. ei~:~ty eight&93/100)
E and a similar sum each October 1 and April ~ thereafter until paid in full.
This note slay be prepaid in who?e or in part without penalty.
- Each maker and endorser v.e•allr waives demand, p.West and notice of marwitr. t+on-PartrteM or protest and all requnemsnts necessary to hold each of
• rhea ' a5te as r^a?..s a^d enc±a•ar••s
_ Each rnalr a^d r•^dors._r ru••"~• agrees io~nrlr and sere.a+ly, to pay all cons d co~lecr.on, indud,ng a reasonable atlorneY's tae ~n case the prmapal of
a ^o•e a am ore-+~^' r+•e v"^c•oa! or am •^•e•es' •hr••eon a nor card a' the restxc•ire matutdr rhertot, or in case d becomes necesisry to proved the
o cur •r hereof w~••her ar• be ~•ough• o• n0} .
~,a nde an' dr•r.rred ~n•e•es• orY••tenrs shoe' bea• ~nte•es' at the ra+e ottW-eiVe -Des cen!. per annur•+ t•om matwitr unt,l Dard.
r•.,a Wore ,s a~c:+r••d 5r a inor+~.~9e or even date herew~•h an^ •s +o •x co•+strued and enforced accordrnq to the laws Ol the State of tlorrda
F'i.rs t
.oo•• e•+aut• r~. oarr^e•n' or pr•nc•pal a~dror ^•aes• dw on am Wore s!•ccred 7r sae^_ Mw+gsge a'1 noses so secured d remarn,nq unpaid shad to•rhw.rh
l•ecn+•e d+r a^r' payebl._ notwithsts^drnq rhe~r re^N
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{ BuoK PAUE 249
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