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30 due and to Mold the same, together with the tenements. heredtfamenfs and appurfe-
rtances ihe?eio belonging, and the rents, issues and profits thereof. unto the mortgagee. in fee simple.
the mortgagor couenanls with eke mortgagee that the mortgagor is tndejewibly seized o/ said j
land in Jee simple: that the mortgagor has good right and law/ul authority to cont,ey said land as afore-
said; that the mortgagor will make such juHher assur+anoes to per/ect the fee simple title to said land in the
- mortgagee as may reasonably be required; that the mortgagor hereby (ally warrants the title to said land
and tUill delend the same against the lawjul claims o/ all persons whomsoever; and that said Land u /ree
and clear of all encumbrances e~aoept t2uaes aG"G2tilnq guh9eC~nt to De~ttber 31, 1979.
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V111C{l ~r~S, that i( said mortgagor shall pay unto said moHgagee the c.Hain prom4-
sory note hereinafter substantially copied or identified, to-wit:
Me.yy. /sire. t1t. ter Mdb r ~r IruiM~Y.yMw i~drMn
. 1V~ortga~t Not4 F,oid.
+ s 6, 635.81....... ort...Pierce....... ................June....~~.........:...........i9.$~.
foR VAIIIE RECEIVED the undertignad proetiwt to a»y !0 1M order d
(1 PAUL .D KENNON and _PHYLLiS__.A.._-_.RENNON. his wife,
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rF» pnncipat sum oI.SIXMTHOUSAND ._S~X...H.[j~1.~..I~.:~?.._`,['.1~~Ra.'.X.-l:'~V_F...:1~1]~. 81100---------------.Dollars
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ro9elher with irtterast thereon at lets rala d.._.~~:2__....»..p.r prN par .nnwn from... da~E...~~r ~Df
unr~l ms~turify, both principal end in/arast bainD payable in Lawhrl Mon.y d 1M llniNd Sestet, tud? principal sum and irdarest payable in inslsfbrwNS u folbws:
The sum of $145.94, principal and interest, on the 27th day of July, 1980;
1 and the sum of $145.94, principal and interest, on the 27th day of each
~ consecutive month thereafter until paid in full. -
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Such installment payments shall ba applied fast to the wMarast acauing under the tarmf d this note and then to a redud'an d 1M prinrapal indabtadns s.
The makers and endorsers of this note furlFw agree to wsiw demand, notice dnon-payment and prolatt, and M the want toil shall ba brought for the
collectron Aered, or the ssnw has to ba colledad upon demand d an aHornay, b parr reasonaWa aMornay's tans for making sucA tdtadion. /1H paymantt harr
under shat( bear interest at the rah d ..................partent pM annum kom srahrity until paid. ~ltit note is tatttnd by a mortgage of wan data herewith and is ro
t» construed and anfaoad •ccording to the bws d th.-Stela of florida; upon dofwN in rho paYm«N d principal and~or iM.ral when dw. tlw~ whoio wm d
a~nupal and interest reretainittg unpsid shall, at tba opion d tM holders, patoa» iawaadiaNly dw and payable. Failtre to attiareisa this option shah not oonstitula
a wares, d the right to arta/cisa 1M seats in IM want d wbtagwM daiautt. -
t' ~ date hereof.
Right of prepayment un whoN or to part yrantaa wttt?out penalty
is
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/s/ Michael G. Altermatt
~ayatrla al. ....._..........................---.........................................----..................---.................SEAM
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w such o/Mr place of tltal! ba
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despnaled by the holder d this
wota w writiy. ............................................................................................(SEAM
8334 P~ 41 ~ I