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~I o ~iaue and to ~iotd the same, fogellter with Ilse tenements. Itereditamenls and appurte-
nances fltereto belonlting, and the rents, issues and profits 1ltereof, unto the mortgages. in fee simple.
Il<I~ fhs mortgagor c•onsnanls with the mortgagee that the mortgagor is inde(easi{~ly seizc•rl of said
land in fee simpler Iltat the mortgagor has good right and lnwful authority to convey said land as afore- ~
said: 1lmt the mortgagor will make such /archer assurances to pert
ec! the fee simple title to said land in the ~
mortgagee as may reasonably 6e regl?ired: that the mortgagor hereby fully warrants the title fo said land
and will defend the same against ?he lawful claims of all persons whomsoever; and that said land is Jree
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and clear of all encumbrances excepting taxes accruing subsequent to December 31, 1979.
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~rouuled ~iways, that i f said mortgagor shall pay unto said mortgagee the certain promis-
~ sory note hereinafter substantially copied or identified, to-wet:
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rwowroaot[ tvorc R
z 17.000.00 Fort Pierce z
Apri 1 8, . l~ 80
FOR VALUE RECF:1\'t.l)- tiv •uul•rsucned, (windy and uarralh, if more than one) promtsrs to pay to
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~?YANT A . SUMME~~_ i , alp . , a s i nil a adUl t ur urrlrr, in thr manner hereinahtr spr•
the ;,rine,pal sum of SEVENTEEN THOUS.ANO and-----------------------------------------no itol ~~LLnft~
s ~ 7 ,000 , 00 l wtth intrrrrst trasrrt datr at the rate of TEN prr rrnt. txr annum on the halanre tram time to tune remaining unl,aut
T'hr laid principal and interrst .hall br payable in lawful snooty of the l?nitrd States of Arrt'rica at
.•r ar auah plan ea n,.rc hrrr-af tri hr rf. an•natr.l hr wnttrn nntirr fn,m the holder to thr makrr hrrruf, .•n
ih~ ,tact and in thr manner inl4.wine
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~ Face Amount of this Note and Mortgage payable with interESt thereon from date
at the rate of ten percent (10%) per annum for ii period of fifteen (15) years,
in monthly increments of X182.69, with the first such payment due and payable
May 30, 1980, thence continuing monthly. until paid in full.
Mortgagor reserves the right of prepayment without penalty. -
Upon the future sale of this property, this rllortgage is assumable.
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'this t!ui. with inter. •r. h•. innrt•~a,~. on trot tease, n( turn datr hr?rwith, made by thr maker hrrrof in favor of the •.u,i
i•apre, and shall hr constru.•d .uvl rn!••rr.d arrv.ni~nq to the laws of thr Statr u( Florida. 7-hr trans of said mortttagr are by thn rr'Irrr•u•.
made apart heuuf.
If drfardt Ir made in thr pacmrot of anv of thr sums m interrtt mr,,tinnrd Arrrin or in said ?norlSaRe, or in the prrformanrr -
anv n( the agrrrmrnts rontainrd hr uin or in said uinrigage, thrn lhr entire pnnripal cum and accrurd intrust shall at the ophnn of th.
~ h~l,lrr hrrrnf hrromr a1 nnrr dur anrf r..lkrtilrb withow nnnre, timr hrin4 of the esvner; and sair) prineip.~l wm and arrrued into.
rhitl tx,th Iw•ar intrust (rum aurh aril.- anal Paul al thr highest tact allrrwabk undR thr laws of the Statr of Florida. Failure to r>c~rrr.
ihu option shall riot comtip,tr a warvrr of the right to rxercise the same in thr turns of any subst•qurnt drlault.
Fach person liable hereon whether makrr or rndorar•r, hrrcby waives prexntment, protest, notice, notice of protest and notice n( d,.. ,
honor and agars to par all roses, including a uaMnahlr attorney's fre• whether suit I,r brought nr riot, if, after maturity of this n.,tr m dr(.n,!•
hrrcunder, or undrr said morti;agr, counul shall I,r rmpbved to collect this note or to protect the arrunty of sail rnortSage.
Whenever used herein the- trnna "huSdrr", °makrr" and "payer" shall be construed in the arnrular or plural as the romr•iit n: •
R rryuirr or a!Imit. -
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4RLP ANN FURST
1101 Seaway Orive -Fort Pierce, FL 33450 r~l `1
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