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f ogether with the tenements, her
~1 ~o ><iAVe Ally to IW~~ he same, t edifaments and appu?te-
rtartcPS thereto {>Plo?tgirlg, attd the rents, issues and proJils (hereof, unto the morlgnges, in fee simple.
the mortgagor covenants with the mortgagee tha! the mortgagor is tndejeasibly seized of said
land in JPP simple; (hat the mortgagor has good right and lawful authority to convey sold land as afors-
said: That ills mortgagor will make such Jurliler u.,susart.-es Io tivr;ect the f$e simple title to sa[d land in the
mortgagee as may reasonably be ?equirecl: that the mortgagor hereby fully warrants the title to said land
atul will defend the same against the laurJul claims o) all persons whomsoever; and thnt said land is free
and clear of all encumbrances except taxes subsequent to December 31, 1979.
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~rou~ded ~ltways, that i/ said mortgagor shall pay unto said mortgagee the certnin promis-
e spry note hereinafter substantially copied or identified, to-wit:
,
MUMI(iA{. t. NUT(:
25,^L'Q.^4 , ,~iurid.,
St. Lucie
June 2 ~ 80
tUK VALUE K$CEIVkU, the uaderugncd, jJuintly and sci.•rahy, d riwie thou unr} yr~mlffl tv pay to
DONALD E. CLARK and JANE D. CLARK, his wife
, u? order, in the manner hereinafter specified,
ifit: prirll:ipal ,uni ac.__Twenty Five Thousand and No/100--------------------------------lino ~uLLAlta
tS 25,0.00 3 with Intent from date al the rate of 15 Jeer :ent. ilex annum on the bai..rice from tune to time rcmaininK unpai+f.
The ,aid principal and interest shall be payable in lawful money of the l:nued 5tatcs of Au?en.-a at
or at such place a1 uiay herealtri Lr Jrs~cnatnl by ..nttcn nwi.e frwu tLr holder to the uialer herrui, w.
the date and is the manner [ollowing:
Face amount of the Note and Mortgage payable with interest
thereon, from this date, at the rate of 15 per cent, per
annum in one installment, Said installment shall be due one
(1) year from the date hereon or upon sale of the property
which secures this note. '
The maker of this note reserve the right to prepay at anytime without
° a penalty.
This note with interest is secured by a mortRaRe on «al mate, of even date hrr.•wuh, rnaile ty rile nalcer hrrcut in tavur of the soul
;,ayec, and shall be eonsuved and enforced aceordine to the laws of the State of Florida. The term, ut said awrtgaKe arc by this rcterencr
made a pan hereof.
I( default lx tnadc in flu payment of any of the Burns or interest mentioned h.•rein ur in Bald tnortSaKe, or in the tier(i.rmanee rd
.,nv of the agreements contained herein tx in Bald tttortRaRe. then the enure yrincipal win and accrued interest (hall at the ul?tn,n of ti.r
holder hereof beealle at once due a/1d eolleetibk without noucq time IleinK ut the e?Ienee; sad sail principal wIn and accrued mtere+•
(hall Iwtb besr inteteu from weh time until paHl at the hiKhpt rate albwaWe under flu bws of the btat~ of FbrWw. Failure w eaercix
this option sbaU cwt constitute a waiver of the riRbt w esertise tbo same in the evcat sit any wbsequcm deiault.
~ Each rson liable hereon whether maker or endorser her waives
ii~not and eby presenttneat, protest, notice notiu of protest and rwtice of dis•
a6~ to pap all cosu~ itldudiris a reawnabk attornt:p't [et, whether suit be brouRbt or not, ir. otter tttaturltY of th1, note trt default
hereunder, or undo said mortgase~ oouasel shaA be emybyed -to oollut this note tx w protect the security of said mortgage.
t
Wbenivcr used herein ttte terau "holder"~ "maker" and "payee" shall be construed in the siarulat w plural as tM cunteat uay
rcyuire or admit.
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Jrtakei s Address .!V-'r~..i~cJ.t~~.r......~!~ .........................._........................(Sk:AL(
BERNICE COX
......................................................................................................(SEALr
..................................................................................(SEAL i
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