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~o ~iaue and to ~iotd the same, together with f{re te?temenfs, hereditanenls and appurte-
nances thereto belonging, and the rents, issues and pro/its thereo/, unto the mortgagee, in fee simple.
end the mortgagor coue?wnls with the mortgagee that the morlgagor is indefeasibly seized o/ said
land in fee simple: that the mortgagor has good right and lawful authority b convey said land as afore-
~I said; that the mortgagor will make such further assurances to perfect the fee simple title to said land in the
morfcta{tee as may reasonably be required; that the mortgagor hereby fully warrants the title fo said land
and will defend the same against the lawful claims of all persons who?nsoever, and that said land is free
'I and clear o/ all encumbrances
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~roV~ 7UWays that i said mort a or shall
~ ) g g pay unto said mortgagee the certain promts-
~ sory note .hereinafter su6afontially copied or identified, to-wit:
- - - - - _ _ - - 1 _
s 29.000.00 Fort Pierce, Florida April 30 , 19 80
For value received, 1, we or either of us, promise fo pay without defalcation, to the order of
M STI~n
st Rte. S, Box 305, Ft. Pierce, Florida 33450
' the wm of * * * * e'!W&T1Y THOUSAND ead no~100* * * * * * * * * * * * * * * DOLLARS
with interest from date at the rate of 10 ~ X. per annum, In the manner following:
Monthly
installments shall be $264.31 on_ MYy 3p , 1980 , and a like sum on the correspond-
Ij ing day of each Nke succeeding t~oo>,th thereafter until the whole sum shall be fully paid with interest at
10 % ~ the unpaid sums from time to time owing. _
(Granting option b the promisor the right of prepayment without penalty, and option b promise to add) %
interest charges on all sums in default.
E Each installment first shall be applied in payment of the intere~ and then on the unpaid balance of the principal
sum. If default is made in the payment of any installment when due, Then at the option of the holder, and with-
" ovt anX other notice, all the remaining installments shall be due and payable at once. Qrivilege is given b pay two
or more installments at any Installment maturity date, but this shall not extend the time of maturity of any wb-
sequent instalMnent. Neither forebearanae, nor acceptance by the holder hereof after any default in any paymerrt
hereon shah be deemed extension.
Each maker, wrety and endorser hereof, jointly and severally, waives demand, presentment, protest and ratite of
protest for non-payment and further agrees b any extension of time of paymer?t, either before or after matwity,
l without notice b any of us; grid to pay all costs of collection, induding a reasonable attorney's fee in the event
of any defauk hereunder, and hereby severally waives all benefit of homestead and exemption under the constity-
i lion and laws of each State of the United States, as against this obligation or any extension of renewal hereof.
a
Witness the hand and seal of each party.
Stamps affixed b recorded Dopy.
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