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~I 30 ~ 1~ the same, fopether with flee lenemertfs, heredifamenta and appttrte
nances thereto belonging, and fhe ?enfs. Issues and prof
ifs (hereof, unto the mortgagee, in fee simple.
the mortgagor covenants with the mortgagee Thal fhe mortgagor is indef
easiblx seized of said
land in fee simple; that the mortgagor Etas good right and lawful authorilt? to convey :aid !curd as of
ore-
said; that the mortgagor u+ill make such further asauroncea to perfect the fee simple tills to said land to fhe
S mortgagee as may reasonably be required: Thal rho mortgagor hereby fully warrants the title Io sold. land
nn<I udll defend fhe same against the lawful clatma of all persona whomsoever; and That aatd land b free
and clear aJ all encumbrances except taxes for the year 1980 and subsequent
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~rQl,~tded 1~{W~S, that i f said mortgagor shall pay unto snid mortgagee fhe cc.lafrt promis- -
spry note hereinafter subsfa?tfially copied or identified, to-wit:
NuN t4At.\. ,tll,1. -
27 , 600.00 - - , • ...1:.. .
October -21, • ~''80
FU:i VALUii 1:L1:1;CR'kUa the ur?aienigned. i/vuuly and scvrralip. U r.:utr tiro!. uac, I,:u:usct iaa ,.:ay
BROWN L. JOHNSON and MARTHA JOHNSON, his wife
- Ur ,.fair(, a4 .,u,.'r F^ta +1,.•i{rr s~,r. .t.•..~
,.,1,..1,,..: su?+, TY~enty Seven Thousand, Six hundred and No/100--------------------~I`;,, uu:.1.A::
27,600.00! wuh intcrrtst (roan date at the rate ••i Ten tM-t .r1.t ;.rr .ICU1u:1...1. thr b.La.,Y t(.•:., u1... t., u.nr rrmJinitl,; uul+..v:.
P;Ir ,aid 1,nu:iNal and interest shall 1?e payaLlr in lawful nwnry u( thr l:nttcal 1t.atra of ,~n•rr1..+ at Rt. Q r BOX 7~Z r Franklin:
North Carolina - .,r at ta1.11 pl.1a. .a• It•.•v !t.•t.-atart l.r •:..,•-n.atr.t t., a.tlat.-„ t.•,ta.r ,1..,., tt•.- n,.,a.r ra• tt•.- n:.ticrr hrtca.(,
a:r .l.att and in the ulaaner (ulla•wtng:
Face amount of this Note and Mortgage payable with interest
j thereon, from this date, at the rate of ten percent(10%)
per annum in 60 monthly installment-s of =587.00. the First
installment shall become due November 21, 1980.
The Maker of this Note reserves the right to prepay-in part or
in whole, at any time, without penalty.
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'this note with iutrrrst is scn,rrd by a mort~;a~.• un real (state, at rtvn d.atr h••r.•wuh. n,.Idr by thr nta?rr txrcu( in (at~or tr( thr s.a1d
;..a,•ec~ and sha(1 be construed attd enforced accurdi?tg to ahe lawt u( thr Jtatr of Florida. 7'he tcrrns of sa+d ntt.rt~ate .Ire uy this rc(rrrr:r.•
nt.,dc a yart hereof.
H default he tn.dr in thr paymeut of any n( the aunu or intrust ntrutiunrd h••rrtn or _in uid tnun{act, ar in thr pcriurmar.• r of
.tny u( the a{recmcnts cont:autcd hcrrtn or in said nwrtytage, lhrn lhr enure ytinry,al soot and acarurd intrust shall at tlar uptwn o! ti.r
trot.((( hrrro( txcotrtr at once due aad tulleetil,!•• without notice, lime ixir.,c ul tl•e rsarttcr; and said principal runt anal accrtud intrtr+l
shall Loth Lear iutrrrst (rum such riot( until paid at the hixhtst rate al:uwabk undre the laws o! the Stav Fk,nda. Failure to rxerau
tt?is option shall not cuastitute a waiver o[ the right to cxcrcist: the sar?te in the event of any subsryurnt default.
Each prrwn liable hereon whether mnkcr or ctlaturser. hereLy wanes presentment, protest r?otic~. notice of yrutrst and notice of dit-
~ itottor and a~recs to yay ail costs, including a rcawnahtr attorneys (ce, v?ha•tllrr suit Ix- Lruul;ht ur twt. i(, a(tr; m.+talrity aa( tl?is nuts ur default
tuceunder. us under said stwrtgage. eourtsel sl?a1f lx employed to colkct this Hate ur to protect the trcurlty r.! sa?d trwrt`aKe.
lt;!,::.-vr^ n..t :+rr•n t%•e germs "~:?l•!rr'", "ut:.rr" and a'pa••?.•' • . Lr const:yra! in tnr +rnj;cl..+ • - t:cral .as tl~t cur.:rxl :..a~
.C.jW[r Jf adrll•l
\laler's Addreu .-....(,hAt.j
l'OI;ERT L. MIXSO
...................:................................................................~SL~I.;
JOSEPHINE R. MIXSON
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` N - $~~x341 PIS 914 ~ ~