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~o ~ia~ue nnd to ~iold 1~~~ snm~, fog~fl~er ~uif~~ 1~~~ lertemenfs, hr-e~Iitumenfs anc~ uppu-Ip
~~an~i~s f~i~reto ~~~~on{~in~~, nn~~ 1~~~ rnnis, iss~u•s ant~ pru~ifs f~~~rroJ, unfo I~~e mo~fgugeo, in fPP aimp~e.
1in~ f~~~ morfga~~or ~•o~~~•nanls ioilh f~~~ mortf~nnee 1{iat ttie mortgagor ia tn~eJe~~6ly seiz~ o~ said
~an~~ in ~e~ simp~~~: I~~a1 t~i~ morf~a~or ~~as gooc~ ri~{~t an~ ~au~ju~ authorlty fo convey sa~d la~~d as ojo~e-
sai~~: thnt fl~t~ morf~~a{~or u~i~~ ma~re suc~i f urf~~er assurances lo per~ec! fhe ~ee aimp~e fil~e fo saic~ ~and in 1{~e
morff~a~ee ns m~y reasona~~~y E~e reyttir~; 1~~at !he morlgagor I~ere6y (u~~y wnrranfs f~e ftlle lo saicl Ianc~
arid u~ill dr(end 1{ie sam~ a~ai-~st fhP lau~/ul claims of all persoru whomsoeve~: ontl that Jaid land is ~ree
and cl~ar o~ a~l e-tcuml~rnn~•es exoept ta~aes for ~the year 1981 and SUb6~CjLleAt yedY'S;
first m~rtgage to First F~ederal Savings & Iroan Association rn each paroel,
described h~erein, all of which are dated May 3, 1978 and reaord~ed, as follaas,
respectively: O. R. Book 286, Page 1141; O. R. Book 286, Page 1137; O. R. Boo~C
286, Page 1146; O. R. Aoolc 286, Page 1150; O. R. Boolc 286, Page 1154, of the
Public Reoords of Saint Lucie Oointy, each of which is in the original principal
ateowit of $21,600.00; and all easenpnts as of re~rd may appear.
, ~rouided ~ltways, 1~~at i~ saiil morlyaf~or sha~~ pay w~fo sai~ mortgagee thp certain promis-
sory nofe {~ereinnjl~r su~~slanlia~~y ~'opi~~~~ o~ i~~~nfi~i~c~. fo u,il:
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PFi(Ji~+IISSORY NCYI~
$ 35,000.00 January 8, 1981
~ Fbrt Pierc~e, Floriuia
Fbr value re~eived, I pranise t~o pay, without defalcation, to the order of Florida
Bank at Fort Pierce, the s~sn of Thirty-five Thousand D~llars ($35,000.00), one (1)
y~ear from date, t~ogether with interest, at a rate equal ~o the prime rate, as estab-
lished fran time to time by Flori.da National Banks of Florida, Inc. which rate shall
be adjusted on the day the prime rate established by Florida National Banks of Flori.da,
Inc. may charige. Principal payme.nts shall be maci~e quarter-annually upon the eighth
(8) day of April, July, OctAber, 1981 and January 8, 1982, t~on which date the balar~oe
of all principal then outstarxiing shall ~e paid.
Each installment first shall be applied in payi~nt of the interest and then oai the
unpaid balance of the principal sum. If default is made in the paycnent of any install-
ment when due, and such default oontinues ten (10) days, then at the option of the
halder, and wit2but any other notioe, all the reaaining installments shall be due and
payable at once. Prinilege is given to prepay this Note in whole or in part at any
time without penalty. Neither forebearanc.~e mr aoceptance by the holder tt~ex~eof after
any default in payments hereon shall be deezned extension. "
Each malcer, surety and endorser hereof, jointly and sev~rally, waives demaryd,
presentment, protest and notice of protPSt for nonpayn~nt, and further agree.s to any
extension of time of payment, either before or after maturity, wit.Ynut notioe tro any
of us; and tA pay all oosts of oollection, including a reasonable attorneys' fee for
any and all proceedings, appellate or oth~eiwise, in the event of any default here~uxler,
and hereby severally waives all benefit of-hamstead and exenption under the oonstitution
and laws of each state of the United States, as against this oblegation or any ext~en-
sion or renearal hereof . _ .
HIITNFSS the hand and seal of each party.
/s/ J1~l~1ES E. HATFIELD
JANfF.S E. HATFIIID
a~34s e~c~ 62~
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