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f~ ~o ~ue ~nd to ~iold f~~~ same, fof/Pf~~er witti Ihe fe~~emenfs, r1e-~ifamenl~ and appurfe-
:~ ..aa...~S i~£'iiv ~;P!v:it~iii}~, ui:fi Q~i~ iiq-~is. issises ureii prufiia i~iercwi. unio i~te morigagas. in fes simpie.
!i~ f~~e morff~apor ~oi~Nnanfs witti_ fhe mo~lgagee f~~at the mo-fgagor ti indel@a,i6ly aetsed o( said
i ~an~ in ~eP simp~P: fl-nl ftiP m.-r1Q~Qor 1~as Qood -ighf and lau~~u~ aulhorttp !o ronsry sat~ ~anc~ as a~art
~ sai~: I~~at I~~r morl{~a{~o~ u~ill malre such Jurl~er ussurancea fo pe~rc! fhe ~ee simpls ftfls to aatd Innd il~ fl~e
i morl{~a{~rv as mny reasona6ly 6e -equired; that the morlgago~ Itsre6y (uUy wanonb tl~e title to :a~d lond
~ anci u~iU dp~P11~ IIIP same adninsl 1he law(u! claims o( all peraona whomsoever: and that snid land Ir jree
' u~~~l ~~b~~~ ~~/ ~I! p-~~~,m6.~.~~p~- except those taxes accruing subsequent to December 31,
i 1980.
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~V~~~ II~WAys~ f{~ot i~ said mortgagor ihnll pay unto aaid mortgagee ttie certain promis-
s~r~: re~tr ~FtPERQ~t~r su~stantia~ly copi~fr ur i~enftfie~{, to-wii:
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MORTGAOE MOT[
11AMG0 FOI~M 8]
_ ~0~~0~.00
Port St. Lucie~ Fbrida
February 16 ~ l9 81
FOR VALUE RECEIVED~ the undenianed. (joiatly and ~everaUy~ J more than one) promi~a to par to
ADAM F. CHIIDERS, JR. ' •
~ or order. in t6e manner 6ereinalter ~pecif'xd~
~e~ P~;~ .~ ot TEN TNOUSAND DOLLARS AND NO/100_______________________________~ioo not.i.nRs
(_ ~ ~,~~~.0~ ) witb ioterut Iran date at t6e rate o(12 per cent. per annum on t6e balance fran time to time reauinios unpaid.
The ~aid principal and interat s6a1! be parabk in laMrful moe~ d tbe United State~ of America:t 503 S. ~7Lh SL. ~ Ft. Pierce,
Florida 33450 or at ~ucb place u may hereatt~r be deii6nated br nritten notice [rom the 6older to the maker hereoi~ o0
.t- ~-`- --~ ~ '~- - - • .
•..~ ~~~~ ~~IY 1~~ MN. YW~IK~ ~V/NA~~16.
Payable in One Hundred Twenty (120) consecutive monthly installments of 5143.48 per
month beginning March 16, 1981 and each month thereafter until sald principal and
interest due thereo~ are fully paid.
TNE [NAKERS RESERYE THE RIGHT 0~ PREPAYMENT tiT ANY TIME WITHOUT PENALTY.
'J'hia note witb interett is ~ecurcd br a mort6aRe on rea) eitate~ ot eveo date herewith. made br the maker hereo( ia favor of the uid
oay~e, and ~ha11 be oo~utrued and enforced ucordms w the laws ot t6e State ot F{orida.
II default be msde ia the pa~rmeot o( anr oI t6e sum~ or interest mentioned herein or in said mortsase, or in the performaoce ot
a~y ot t6e a~reemcab ooaained bcrein or in aaid mortssse, thea tLe entire principa! wm and accrucd intere~t ~hall at the option of the
holder 6ereo[ become at once due aad oolkctibk witbout notiu. time bein~ o( tbe ea~enoe; and aaid priacipal ium aod accrued intercat
,hall bot6 beu iaterc~t Jrom ~ucb time until paid at the his6at rate albv+abk under tbe lawr o( the Sqte of Fbrida. Failure w exercise
chi~ option ~haU not constitute a~raiver of the risbt to exerwe tbe ~ame in tbe eveat ot aer wbequeat defaul~
Eub penon liabk hereon wbether maker or endoner~ herebp ~raive~ preuntmeat~ protat~ notice ewtice o[ ptotest aad aotice of dir
honor and asreu w par dl cosq, indudina a rcawnabk attornep'i (ee~ whctlu~ ~uit be brouabt or not, ij. dter matuntr o( this note or detault
hcreunda~ or undu uid noortsage, ooumel shap be anpbyed to oolkct thii noee ~ w protect ebe iecurity of ~aid aartsase.
Whenever wed 6erein tl~e terma "6oWer•'~ ••mater' and "paree" ~baU ~e conitru ia tLe dnsular or plural ai t6e contest mar
require or admit. ~~
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I~aker ~ Addrew ....-••••... ~ ............................... . - -•-•---••(SEAL)
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5501 Spruce Dr. C. . K ~o~ ~
........_.l:'f.:.... -
Ft. Pierce, Fla. 33450 •-•--••-•• ...................~se~L~
~ELI ETH H. KITCHELL
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-• ..................••--•-••-..._..-••••••-_.................-••••••••-........._.........••-......(SEAL)
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