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~o ~iaue and to ~iotd the same, together with the tenements, hereditaments and appurte-
nancesjthen+to belonging, and the rents, issues and profits thereof, unto the mortgagee, in jse simple.
~i~ the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized of said
land Jn fee simple; that the mortgogor has good right and lawful authortttr to conve~r said land as ajon-
said: that the mwtgagp' will malre suck further auur+ances to perfect the /ee simple title to snid land in the
mortgagee as may reasonably be required; that the mortgagor hereby /ally urarrants the title to said land
acrd will defend the same ogainat the lawful claims of all persons whomsoever: and that said land is je.
and clear of all encumbrances
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~l'oUtded ~IUAIJSr that ij said mortgagor shall par unto sold moregogse the certain promis-
e sory note hereinafter substantially rnpied or idenlifited. to-wit:
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$24,000.00 _ Fort Pierce, Florida
September 24, 1980
One (1) year after date, for value received, we promise to pay
to the order of ARLEEN E. COATS ~ at Route 3, Box 419,
Fort Pierce, Florida, the~sum of TWENTY-FOUR THOUSAND ($24,000.00) and.
no/100 DOLLARS. The interest rate is variable, and the interest due on
the principal balance at the time payment is due shall be that rate of
` interest charged to the Coats during the period of the•~riote on the ex-~
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fisting mortgage with the Federal Land Bank by the Federal Land Bank.
A letter from the-Land Bank setting out the interest rate shall be con-
elusive .evidence of same.
The maker and endorser of this note further agree to waive
demand, notice of non-payment and protest; and in case suit shall be
brought for the collection hereof, or-the same has to be collected
upon demand of an attorney, to pay reasonable attorney's fees for
making such collection.
r
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~ (Seal)
f Joseph A. Boudrias
Due: September 24, 1981
E
~ ~ - Margaret McCarty Boudrias
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