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~o ~iaue and to Mold the same, together wish the tenements,' heredilumenta and appurte-
nances Iherefo belonging, and the rents, issues and prof
ifa thereof , unto the mortgagee, in fee simple.
the mortgagor covenants with the mortgagee that the mortgagor is indejewibly seized of said t
land in fee simple; Ihat Ihs mortgagor has good right and lawful authority to convey said !a?td as afore-
said: that the mortgagor will make attch further as:tunrtces to perfect the fee simple title to said land in the
. mortgagee as may reasonably be required: that the mortgagor hereby fully warrants the tltb to said land
and will defend the same against the lawful claims of all persons whomsoever; and that said land is free
and clear of all encumbrnnces except taxes accruing subsequent to December 31, 1979.
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~~ou~ded Ii~WalJS, that if said mortgagor ahaU pay Canto said mortgagee the certain promis-
sort' Hole hereinafter substantially copied or idenilf
tad. to-wit:
MONTOAai NOTE
17,000.00 Ft. Pierce . Fleriaa
May 9 . t9 80~
FOR VALUE RBCEiKF.D, the undersisaed, (jointly cad seversAy, if more than one) promises to pay to ~ .
LON F. PARSONS , or order, is flu maanu hereiaaftu specified,
.um ~ SEVENTEEN THOUSAND and 00-------------------------------------~100lJOLLARs
(i ~ 7 , Q()Q . with interest from tote at the rate of ~ 4 per teat. per atwt?rc oa the bs,laace from time to time raasiniog unpaid.
The said principal and interest shall bs payable iw 4wtu1 nsoaey of the United States oi' Asneriu at
- or at such place u may herraftrr I.e .lrsiaeated by written notice from the Iwlder W the maker hereof, on
the date and is flu manner tolbwia~:
~ Face amount of this note and mortgage payable
with interest thereon at the rate of Fourteen
m~onthlytinstalltpi~ntsnof
=201 ~4t2thiTheafirstn
installment shall be due one month from the
date hereon, and continue for 360 months. -
The maker of this note reserves the right to
prepay,~in part or whole, at af~y time, without
penalty. .
This note with inaerest a secured ~y a tnort~aSe oa real estate. of even date herewith, made by the make hereof in favor of the said
Pays, and shaA be oonsteued and entoe~ood accorde?S to the laws of the State or Florida. 'ibe terns of said
a p~ worWge are by this reference
It defsuk be made iw the paywwt of any of the sums or interest wentioaed hcreiw or is said mortRa~e. or in the petlormaare of
any of the a~eau taontaiaed hereto ar in said rnort;agg then the satire principal scat s
~a
~ istte:tst shall at the option d the
holder hp+eot become at o+toe due as?d ooiMet~lo trithottt cotta, tiwe beisyt of tM essence: pr~anpal awe and uccnred iaterrse
shall both bear interest trap aurit rims unt7 paid st the hisheat sane albwsbte ceder the lawn of tM iutr of )`'Iorida: Failure to esercise
this option tikall not ooswitttta a waiver of the sight to texreiss tits aaase in the event of arty attbsequetu default.
boner cad liable hereon whether awter ar endorser, herabt? r?aives Prwsntwtst. protpt. notice notios of protest sad notice at dis•
alms to paY all costs. inehding a reasouabk attorttsy'~ Ise, whether rttit be bsott;lst a< vent, ir, after tnatwiey ai; this note or ddault
hcreuoder. air wider said asortgage„ oouasl shall bs txttployad q ediect Chia Hots or tp protect the security al said wort;age.
Wbe?uver wed herein the Cesar "holder", "snake' and "payee" shall be ooastrued iw the singular or phual ss the context pia
t'cquir+e er admit. .(SE/1L)
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