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~Q ~t ~ W the same, together with the tenements. hereditament and appurle-
nances !hereto belonging, and the rents, issues and profits thereof, unto fhs mortgagee, in je. simple. i
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n111~ the mortgagor covenants wllh the mortgagee Ihaf Ihs mortgagor t indefeasibly :sized of said
land in fee simple; that the mortgagor has good right and lawful authority to convey said Iand as ajon- s
said; that the mortgagor will make such /urther assurances to perjeM the fee simple title to said lnnd in the
mortgagee as may reasonably be required: Ihnt the mortgagor hereby fully warrant the title to said land
and will defend the same against the lawful claims of all persons whomsoever: and that :aid land t free
and clear of all encumbrances ~
That certain mortgage in favor of Security Federal Savings
and Loan Association of Indian River County dated August 25, 1975,
and filed for record in O.R. Book 243, Page 503 of the Public
Records of St. Lucie County, Florida,-in the principal sum of ~
$19,600.00.
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~~uldtzd ~5, drat ij said mortgagor ahaU pay unto said mortgagee the certain promis-
sory note hereinnjter subatantinUy copied or identified, to-wit:
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~Qr ~2i11IE+ ~ZE'[eTbea the undersigned jointly and severally promises to pay to the ordtr~*
of ..__.~.........._...BYO!l..Tray.Y__.M~~~ughlin~........~.....__ '~~r j
` the prinapal sum of Six_ Thousand--Four- Hundred._and-. no/ 10(~ollars (=6400 :00.--_....•_~~~}'`s
' together with interest thereon from date at the rate o(.........nQPe.............Per cent. per attnutn until ntaturily, ra;~t
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- see below
• • ~ sard interest being Payable monthly on the ..................................day of each and .very month both principal e
and interest being payable in lawful money of the United States at.__._.-265-.Easy-.Streets-_ Fort-_- '
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-rf _ Pierce Florida _ _ .................florida,
. J~ a sl wch other place as the holder hereof.msy designate in -writing.•Prwttapal end~inferesl payable in install-
entire amount d e
menu of _ 4'_......_..~..._.....---------..............---------._..._.._.. [)oNars, (5..._........_.......) ~
~ehczNtc ttetxxxxxxadtcycttbc~hcrrtel~~?~ay~~rattbxblpoet~tet¢ on the .......2Q x17~._.day of....J_tule
~ 19~
80., and continuing until said principal and interest have been paid. Each ins1a11tneM payment shad be '
~ . credited first on the interest then dw; and the remainder on principal; and interest shah thereupon cease upon , i
P the principal so aediled.
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The entire amount of this note and mortgage is due and payable -
on or before June 20 , 1980. '`'•'s ~
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Each maker and endorser severally waives demand, protest and notice of maturity, non•parmant or protest and aN re- tLI,
quiremeNs necessary to hoW each d them liable u mabrs and endorser:. x~,,~
Each maker and endorser further agrees, jointly and sevewQy, to pay all costs of collodion, inckrding a reasonabh Mtor• ,
nay
s l.. in u:• the principal of ills nofo a am wr^»nf on the principal.or any interest thereon is not paid at the respediw k~.
' _ maturity tMroof, or in use it bewmes necessary to protect the socurify hereof, whether suit be brought or not. t L+
• ` This nose and deferred interest payments shall bear interest sl the rate of 1 2 per cent. per annum from mNwifr
• until paid- 1L,;
~ - This hole is secured bra (first mortgage of even date herewith and is to be construed and enforced according to the laws ~
• ~ of tM State of Florida; upon dolsuN in the paymeN of principal and for interest when dw, the whole win of principal and
interest remaining unpaid shall, at the lion d the holder, become rmmediatelr dw and payable. tL•=
BOOOIRI P4GE '
_ A Foothill Dr. /s.` FRANK_ A, t+100LLAND ~4-
South River.,..N...J.._......08882 ~'rank~ a-. '~ifoolYand
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. ~ ...................•-----...._........._...................(Seal) / .MA1ti6AR)s'F- ..••Wpp~,~tD (Se.l) ~?+:j
• ~argaret Woolland `-'•j
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