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~0 1iAYt ~ W T1V~ !he same, fogef~e~ with Ihe tenamenfi, ~ere~ifamenti und nppurfe-
nnnces (hP~PIO hp~on~~inp, and Ihe -enfs, i:suea an~ pro(ifs lh~~eo~, unfo !he mo-fgngss, I~ ~sw aimp~e.
~ the morfgagur c•ovenanfa wilf~ tl~e mortdages I-~at the mortgago- ts inde(eaii6ly seised of said
la~d in Jep simple: tha! the mortgagor has good right nn~I Inwjul autho-ily !o rnnuer aatd lnnd aa aforo-
sai~~; f{~at !he mo-tpagor u~i~~ make aucti ~urfher ussurnncea !o per~rc! fhe /ee simple tt1le to ~nid Iand in l~e
morff~a{~ee as may reasona6ly be requi-et~: fhot t~~s morfgngor here6y ju~~y wnrranls ttie ftl~s fo suid land
nnd u~ill de/end the same againi! the law~ul c~nims o( aI~ perso-u whomaoever: and tbnt snid land ia jne
and clMar o) all encumbmnces , e.~eept those Of 1`t.'COI'd.
~ ~rouided ~iwnys, fhnf i~ said mortgagor sha~~ pny unto sai~ morlgagee ftie cerfnin promis-
~ sory -~ote hereina~fer suhstantia~~y copied or idenfijiecr, fo-u~if:
$1, ~0, 000 . 00
V~~ro Br ~ach , Florida ~i~~rch 2, 1981
A.S Bf~D1Y SPF.CIFI~ ~~ftc~r cl~Zte, I, ~ti~ ~~r c~ithc>r c~f ia~ ptYx~~ise C~ pa~• tc, thc~
order of AR1~ilJR F. ~1~ and LI~~Q1~A}ill I, a~I'iC.~t, JR. C~e 1fi 11 ion Se:~en Iiundi•c~ci 5~~~~nt~•
'Ih~u.sand and k~/ 100 IX~I ] ars ($1 , 77~, 0(l(). (~ ) for ~~al ue rc~ei~~c~ci. ~ le at 239 S~~uth
Indian River Dric~e, Fort Pieree, Florida 33450~ ~~•ith intc~re~t frc~"%~-~,4.~~ 7~. /~.~ ;
at the rate as belav speci_fied until pzid; interest ~ayable rrr~nthly as below ~~cifiecl.
And each of t.L~ H~h~thei• n~iker~ ~,n~ar~ntor or endcir~er, hetr_b~- ~c~~~erall~• ~~aiv~s
and renounces any and all h~xnc~~tead etic~~tion ri~,rht~ ~sc~ n~t ha~•e under the
C~nstitution ~r L-~«:5 of tt~ State ~f Floricl~~, ~r any c~ther State, ot• L'nited St<itc:~.
a.s a~ainSt this note; anci ~aeh furt.her ~a~i~~c~ dc~and, n~~tic~~ c~f n~,n-patTmc~nt and
protest, and in the ~vc~nt i t bc~ec~mc~s nee~.sar-~~ to ~~~1 lc~c~t thi5 rx~te throu#.~ an attorne~ ,
af~rees to pay all casts ~f collec~ion~ includinK rF~sonable attorney's fee.
'Il~e intc~rest of thi5 notF~ sha] 1 bc~ diie~ ~c~d pay~able at th~ ratc~ of 12.75::
~r annun,-'pav~ble in r.x~nthly installment~ ca~ncin~; on the l2th da~J of !.L•iirh, 1~81
and continuin~; on the ~2th dzy of ear.h and every rrbnt.h t.hereaftei- for a total ~~P 12
months. Principal and interest at the rate of 13.1~.~r annun shall be due and
pa}~~ble at the rate oi' ~20~000.00 }~er rr~nth connx~n~in#; c~n the 12th day ~f :1+-~rch,
1982 and continuin~ on the 12th ciay ~T each tind every nnnth thereaftPr until the
~rincipal balance is paid in full. In the E~~~ent of a ck~fault in an<< pa}~a~cnt, c~f
prineipal or interest wT~ieh dc~fault ~hall not be e~ri-c~c~tc~d within :i0 c3~~~:~ thE~rc~after,
then the Pntire rc~nainin~ un~~id ba~anee ~~f thi5 n~te 5ha] 1 imrx~ciiatc~l~~~~c~r-r du~
and pa;~ablc~ at the option of the hc~lder of thi~ not~. An~~ payRnent ~r ant~ pai-t
thereof rr~y be rr~ide on ~r before i ts due d~ite k-i thnut 2x~na7 Ly. ?.fa.ker shal l~~a}~ tc~
n~~te hc~ld~r a late ~nal t.t~ ~ f~.500.00 , pl us accrued i nterest at t.he rate ~f 1~~x~r
annwn u~n ~n- monthly in~tallmc•nt not paid ~vithin Lhrec~ (3) daYs s-ub~~~uc~nt tc~ tYx~
date on «~hieh it i~ du~~. 'IhiS nc~te ~sith interc :st i5 ~~~ur~~d b}~ .~ r*nrt~,~€;e ~~n rc:11
~~m~rt.y of evc~n c.~~te h~rc~sith, and tr~dc~ hy thc~ rr~ilcc~r here~f in fae~~~r of ~aid p.~~~c~,
and rhe tei~ ;~f ~-K id .^.x;:-t~;a~e rLre h~ t::i~ re;~ren:.e made a~~x~ !:c:•t~c;f. ar:d tt~c~re
~al l be n~ pF~t:~nal 1 i abi 1 i ty ~n the rr~k~r ~f thi ~ n~~t~ nor shal 1 thE~ hold~r ~~f
thi~ note be abl~ t~ SPCUrr a dc~ficienc~• jud~7rx'nt a~ain5t. the rr~ilcer, it Yx~in~
understood that the property deticribed in ~aid tmrt~;a~ shal l ix: the u~le ~ecw•i ty
fc~r th i ~; note .
St,t._ hr~rl~nrl (SF.AL)
J L'1 Ii. S[PI'f~tL,AI\D, a~ Tru~t~ under
c~ the pmvisions of a c~rtain 7~-ust
~ ~t!~~49 ~'~GE2~~.~ A~,rr~~nc~nt datf~d thc~ 27th day of
~~.1'lK' Februar5• ~ 1981.