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~0 ~ t0 the tlaflle, together with tha teffatf~ents, t+.erdttaw..nts and appfurte-
nances theroto 6ebngtng, and the nnta, ttiflftl and pw(tts thav% onto the wfortgagM. to /N et~.
the mortgagor eouenants with the a+ortgagee that t/a nwrtgogor b irde/iasiW~r +dsed o/ avd
land to lee simple: that the mortgagor has good right and law/ul anthorth b conw7? eatd land ~ aJon-
satd: that the mortgagor will made each /father assuf+ances to per/ftct flit dwf~plt title to said land to the
mo?tgagw as may reasorfablp b. r+equfr+ed: that the fnortgogor henbp /fallp wmnb the ttlle fo ,aid laftd
and wtU defend tlfe come agatrut the lawjfd claims of ail persoffs whofwaoever; .nd that tad land is /.tse
- and clear of aU sncumb>naftf.a excepting taxes accruing subsequent to December
31, 1980 and that certain mortgage fray Lloyd R. Smith and Lillian
A. Smith, his wife, to First National Bank of Fort Pierce dated
August 1, 1978 and recorded August 4, 1978 in O.R. Book 291, page
1909 of the Public Records of St. Lucie County, Florida, in the
original principal amount of $35,000.00 as modified by that certain -
Mortgage Modification Agreement dated the day of 1 ,
1980. A default in the above mortgage wil~C"~tSDsti"3:ute 'd~~~II2~-
in this mortgage and the promissory note secured herein.
ss these tf said mortgagor shall pap unto aatd fwortgagee the cesiatlw pmwt+-
,ort? note haninnJter sfabstantinUp coptcd or identt(ied, to-wtf: _ _
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: 3 2, 5 0 0 0 0 ~ Fort Pierce, Florida July 1 ~ ~ q_ 8 0
Beginning one month - - ~ after date, 1_, we_oi e;th~r of us promise to pay to the order of
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L. K. SMITH and LILLIAN A. SMITH, _his:_wife,_:_'.:."_._ '
THIRTY-TWO THOUSAND AND FIVE HUNDRED and_NO/100.-($32,500.00)--_ ~i~s
for value received, payable at Route, 4,~ Box 12? Jorgensen Road
' ~ ~ - ~ " ~ Ft. Pierce, FL "3.3950 " " - - ~ w;th ir.:e-est
from date - at the rate of ,8$ `per" cent per annum until paid; interest payable see belOW
If delau!? b trade in any patment when due and~cotrt:n~cf for 30 days. then at flee ep`wn of the holde?, and arit!+w+i erry other nonce,
all the rema:n'u.g balance shall be due and payable at once. _ - - -
` ~ Md each of vs w?+ether rna1er, guarantor or endorser, he+eby severally y.a:.es and .eno„nces a•ry and afl t~oa•.estead aaempt:on ?:gh~s
we may Mve under the Const:rufron or taws of the Sratc of fior:da, or any other_State or (Jn:red Sates. as aga:nu t!i~ rwte; and ead? 1„rther
waives derrrnd, notice of nw?~paytnartt and protest. and :n erem .t became: necessary t0 collect this trots through en artorner. eyrees to ysy
eb cosh of wike+:at. arrclud:ng reasonable attorney's tee. - - _ _ - _ _ - _
Thor note rtray be prepe:d .n wtWi! of in-part .et any fine~ withaA. peMttY-- _ ~ _ _ _ _ _ -
All sums in defo~lt droll beor interext at 1096 pet bnnurrr, _ ; - ~ - - _ _ _ _ , - _ _ = - - ~ -
This" note shall be paid ._in equal successive~monthly" installments
_ of $238.48_ per month for- 119 months after ,date: _Ten (10) years-
~ after_ date the_entire__ba_lance: will, be due::._All payments Taill'•'
first be `applied to_ interest ~ and_ then to principal: ~ -
- The tax required by Section 210.08 of the Florida Statutes has
been paid and proper stamps_hav_e been affixed to the mortgage. -
which secures theobligations evidenced~by this note. _ -
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_ _ _ -_PATRICIA P,- RUTH: - - - _ _ _ i