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~0 T1AVt ~ ~ the same, together with the tenements, htreditaments and appurte-
nance:ntherefo belonging, and the rents. issues and pro/lis thereo/, unto the mortgagee, fn jee simple.
the mortgagor covenants with the mortgages that the mortgagor is rode/easl6ly seized o/ said
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land in fee simple; shat the mortgagor has good right and law/ul authority to convey said land as n/ore-
said: that the .mortgagor will make such lurther wsurances to per/rct the /ee simple title fo said land in the
mortgagee as may reasonably, be required; that the mortgagor hereby /uUy wananb the title to said land
and wil! defend the same against the iawf
ul claims o/ nil pe?sons whomsoever: and that said land is Jree
and clear o/ all encumbrances taxes subsequent to December 31, 1979, and that certain
mortgage dated August 29, 1975, recorded in Official Record Book 243, page
833, St. Lucie County, Florida, Public Records, from James L. Daigle and Betty
E. Daigle, his wife, to William A. Margolis;
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~l?OUI~ ~IUAIJS, that i/ said mortgagor shall pay unto said mortgagee the certain promb-
sory note he?eina/ter substantially copied or tdentilled. to-wit:
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$ 7,931.05 PROMISSORY NOT$ _ Stuart , Florida
- July 3 , - 19
8~0
FOR-VALUE RECEIVED, the undersigned, jointly and severally, .
- PROMISE TO PAY to the ajL~der of BETTY E. DA.IGLE - - ~ - -
the sum of SEVEN THOUSAND-NINE HUNDRED THIRTY-ONE AND OS/100--------- ~
DOLLARS 7, - ~ , a t 12103 Linden Lane Bowie - Ma land 20715 -
i - - , or such other p -ace as e o er hereo a~ay .
designate in writing,. together with interest from date at the rate -
of .ten - - - percent (IOX per annum on the unpaid balance - !
~ unti raa.turity. The sai principal and_interest shall be due•and
payable as follows: _ ~ - - - -
~ In equal monthly payments of $76.54 including principal and interest - - i
. commencing on-the third day of August, 1980, and continuing monthly - -
~ thereafter until the third day df July, 1987, at which time the entire - -
- balance of the loan remaining unpaid, together with accrued interest, -
shall be due and payable in full.
THIS NOTE IS SECURED BY A MORTGAGE RECORDED IN ST. LUCIE COUNTY, FLORIDA. - i``
DOCUMENTARY STAMPS IN THE AMOUNT OF $12.00 HAVE BEEN .AFFIXED TO THE MORTGAGE. t
Prepayments., in full or in part, may be made at any time, without
penalty. If default be made for -15- days in the payment of -
any installment of principal or interest or any part thereof,. the
whole sum then remaining unpaid, with interest, shall, at holder's
option, become due and payable without notice. Failure to
exercise such option shall not constitute ar waiver of the right to
exercise the same in the event of subsequent default. After
maturity, both principal and accrued interest shall bear interest
at ten percent ( 102 per annum until paid. The
} makers and endorsers of t is note further waive deQand, notice of
non-payment and protest. If this note is not paid at maturity and
G the same is placed with an attorney for collection, the rakers and
~ endorsers hereof agree to pay all costs of collection, which shall
_include-costs, expenses and attorneys' fees on appeal. -
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~R ~2 O (SEAL )
gppK~~ PI•GE~ ROBERT F. McROBERTS, JB.
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