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30 due and to ~iotd the some, tagefher with the tenements, heredilomsnls and appurte-
nances Thereto belarrging, and the rents, tunes and projfls fhsreoj, unto the mortgagee. In jee simple.
the mortgagor couenanls with !hs mortgagee shat the mortgagor is lndsjeasi6ly seized of said
laird In jee simple: that the mortgagor has good right and Iawjul authority to rnnvey said land m ajore-
said: That the mortgagor will make such jurlher assurances to per/ect the jee simple title to said land in the
morfgngre as may reasonably le required; that the mortgagor hereby jolly warrants the tills to said land
~ arrrl will de%nd the same against the Iawjul claims of all persons whomsoever: and that said land is j?ee
and clear of oll encumbrances except taxes subsequent to December 31, 19?9.
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~ro11lded ~~WAyS, Ihnt ij said mortgagor shall pay unto said mortgagee the ce?tnln promts-
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sory note hereinnjter substantially copied or identijted..to-wit:
?..w~w~ IrM M.+ewl 1hMb M w.?~~, r••Mrw?-WPM ry1.I yM-I«r• N 7-Ma.W ~ Iwwr-rM~,
~Xl-r~~ .X~+~ {~'4~' 'G,~Y+~'w ' •vY,~?i ?1`-t~1'?nii''* t.:r '•*al`~~.i ' • iu. •fiu~i'• 1
•-~„t`t.,,,t;:.,',v,,,~~ ~ r?_1'~,~!-1~~`~~J.,L-~Jr:~.-:~~~1~~'•'~-;1`'L; J~~~,~~
~ ~ ~~7t i~, t.r ~ rt.1 ~I.\~ 1 mot,\~.1 art A'a~~.1\~,~a?~ ~rC7A.Y
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is s 65,E 000.00___• __Port_ St.__Lucie___~___ florids,...~ Se,Rtember__,~o 19_80
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i~ ~FOr ~1~ltte ~Zeceibea the undersigned jointly and severally promises to pay to the order
o{ -___Fred_J._Kurst,__Jr.__and_Mildred_R:•K_urst~_his.wifei__-_-_-•____~_____________________________
the principal sum of._Sixt~r.Five• Thousand _and no/100- __-------[ioNars (s...65,_000._00~-_ 1'•?
together with interest thereon from date at the rate ol.........~
2 ....................per cent. par smtrn until rttahsrify,
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sard tntsrest being payable monthly on tlre.....: ............................day of each and every month both prtnupal
and interest being payable in lawful money of the United States at_.__608_Stonehed~,e_~r}vg. y,;,~ i
I~ _Vestal,~_ New_,York-13850 s~ 3
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or at such other place as the holder hereof may designate in writing. Principal and iMeresl payable in instal!- sr~f'
ments of_Si_x_Hund___r_c__d___S_ixty_Eig_ht-_a_nd•_6__0_/100_----_-------~--
~_:~oryars, ~s668:60•-__ M
30th 30th October r ~ ~
oath on the._._ day of each and every month, beginning on the _ ....day of. ~ j
19...80 and continuing until said principal and interest have been paid. Each installmerq paym.ttt shad be
uedited first on the interest then due; and the remainder on principal; and interest shah thereupon cease upon j•'
the principal so uedited.
Notwithstanding anything herein contained to the contary, interest only `~j* i
shall be payable monthly for a period of one year from the date hereof,
and thereafter shall be payable in such manner so as amortize the entire rr,~
debt within 30 years thereafter, reserving unto the Maker the right to s1i'
prepay all or any portion thereof at any time without penalty. s
It is further a term of this Note that the same may not be assumed by >x-
any person or persons without the consent to the same by the Payees k
first had and obtained.
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Each maker and arrdorser severally waives demand, prdast and notice o{ maturity, non-paynrant a praest and aM re•
quiremants necessary to hold each o{ them liable as makers and endorsers. y
Esch maker and endorser {urther agrees, jointly and savarally, to pay all costs o{ collection, including a reasonable affor-l"'!~,
r n.y s {ee in case the principal o{ this hole a sny psynrent on the principal or any interest thereon is not paid a1 tics respective k~;
maturity thereof, or m case it becomes necessary to greed the security hereof, w~dher soil be brought or not. it
i - This note and deterred interest payments shall bear interest at the rata o{ G par cant. par annwn {ran rnafwily ~~i!~"`
unfit paid.
! This note is secured by s (rrst malgage d even daft herewith and is to be construed and en{orced according to the laws
c{ ihs State o{ Florida; upon de{auh in the payment a{ principal and Jor interest when dw,llre whole srsrsr o{ principal and •a+~'
intense remai~ in~unpa~d shall, of d the holder, bacons immediately dw and payable
.................._.-......------...._........-----...............(Seal) .1.1.. (Swill y
Anita -L. Scott '
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