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30 ~iaue and to fold the same, logelher wilh the fP?temenfa, heredltdm~nls anti appu?te-
nanres thereto b~lonying, and the rents, issues and prof
ifs thereof, unto Iht= mortgages, in fee simple.
fife mortgagor cove?tants with the mortgagee that fife mortgagor is indefeasibly seized of said
~ land in fee simple: fhal the mortgagor has good right and latuful authority to convey said land as aforo-
said; that the mortgagor u=ill make such /urther assurances 1o perfect the fee simple tills to said land in the - t
mortgagee as may reasonably be required: that the mortgagor hereby fully warrants the Iifle to said land
a?td tt=ill defend the same against the lawful claims of .all persons whomsoever: and that said land is free ,
and clear of all encumb?ances except taxes accruing subsequent to December $1, 1979 and i
that certain mortgage in favor of first Federal Savings and Loan Association of
Ft. Pierce, as recorded in Official Records Book 275, page 28 of the Public Record
of St. Lucie County, Florida.
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~COU~ded ~llWalJS, that i f said mortgagor shall pay unto said mortgagee the certain promis- f
sory note hereinaffar substantially copied or identified. to-wit:
.tOttTOAOIs NOTtt
;.15,391.64 Ft: Pierce . }wr~~.
March 15 .1980 ~
FOIE: VALUB ABCEIY.F.D, the 4wderaiSwed, (jointly sad xveraUy, if acre thin onc) pramitet to pay to
JERRY C. BARLONE and AUDREY G. BARLOWE, his wife -
- or order, in the manner hereinafter apeciticd,
the principal sum of Fifteen thousand Three Hundred Ninety-one and 64-----------------/100 DOLLADiS
is 15,391.64) with i.ter.st troy date u the rats of 12 per cant. per anau>R oa the balance Craw time to bate remaiwia~ unpaid. _ t
The uid pstiaeipal sad interest ahaD be payabM is lawful money of the United States of America at
or at wch place as may herratter be designated by written notice trap the holder to the maker hereof, can
the date end is the tnawncr tolbwitK: - i
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I Face amount of this nose and Mortgage payable
- with interest thereon,-from this date, at the
rate of Twelve per cent (12X) per annwn.
Interest payable in Semi-annual payment
- with entire principal due Two years from t
the date hereof. -
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The Maker of this note reserves the right to
prepay at any time without penalty.
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T.he entire principal balance shall be due, however,
within ten days of the transfer of title of makers
home located at 2508 South 13th Street, Ft. Pierce,
Florida. -
This note with interest a secured a tnort~a~e on real :!t:te, of even date herewith, made by the maker hereof iw titwr of the said
payee. sod shstl be oowstrued and ea<arced acoordutS to tht lawn of tbs State of Fbrida. 'I'4e terms a( acid rwortSaSe are by thu reference
made a part bereo[.
It dtdituk be roads is the
psyaxat of any of the sums or interest tnewtio?teti herein a is said atortgaRe, a iw the pertamswre of
any d tbs is ooataiaed herein of i~ paid mortsaas, tbeA the entire principal wrw and socrued interest shalt st the option, of the
holder ~ u osta dus sad oo~ilectible without notios, tune beisR of the essence; sad said aunt and scented tnterrat
shall both bear interest craw such time uau7 paid at the highest rate allowab4 wader the Taws of theFlorida. Failurs to eurcise
this optaw shall not. oatstituts a waitrer of tM right a eaer+tyse the same iw the otratt of awe subeequeat default.
honor and lisbie htsreoa whether maker or ewdorser~~ wairea prsseatptent, protest, notice aotia of protest and notice of die
ase+ees to pa all oats, iadudiaa a naseaabk st s tee. whether suit be brouttht or not, it titer maturity of this sots a default t
hersttades, or wader said mortpSe, oottnsel shall be employed to ooliect this note err to protect the d said atortKaje.
Whenever used hueiw lira terns "holder". "maker" and "payee" shall bt ooastcued in the plural >s the content utay
require or admit.
>t[aker's Address ...».»...»»(SEJ1L)
- BIlOK329 P~E1078 ~ ~»_...(S>:AL,
.......»(SEAL)
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