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~0 ~Yt ~ W T1V~~ f~e samP, togef{~er wJfh !he fenemenls, henditamenfa and appwte-
nances f~-ereto belonging, an~ tke re~ts. issuei an~ pro~ifs tl~sre% unlo !ke morlgagN. in fe~ aimp~.
~ tl~e morfeagor ~nvananb wtth the mortgaAee tkat tl~e mo-tgapo~ ta ind~J~,iblr a~tud oj sald
land tn )ee stmpls: ~I~ae ~he mores~or ~, 9~,od nel~t ~d bw(ul auekort~y eo ~o,~u.~- :atd [a.~d o, aJ~.-
snid: fhat t~e mortgagor wiI! n~ake •ucb jureher ~suroncea to pe-~sc! t~e ~ee atmp~e til~ to aaid ~a-~ in tke
mortgngee as mny ~o~61y be .ayut~.d; ~hat t1-~ morlgagor Rere6y /ally u-amanb the t~tle to satd land
and wtll dejend Ihe same agninat t1-s Iaw/uI ciaima oj aU pe-sona whomao~ver: and that satd land ia )nr
~d ~Iear o( all en~.m6ro-R~a except those accruing sutisequent to December 31,
1979.
.
V~ ~s~ t~at ij said mortgago~ thall pay unto said mortgnges t~e certain promia-
sory note he-einnf fer substuntial~y copied or iclentilied. to-wit:
s_.3.4_~4~QQa QO Fort Pierce, Florida------------I~i~ttch__ 19.-------------•. 19: 81
_,.__0~}_~.0=~_bgfore__ tWO_.years---.-_---.__ after date, 1, we or either of us promise to pay to the order of
C. L~:,~~t~h and Helen L Smith his irife------------.---_------_---------
------------------ _...--------------..._...-------~------•-----•----,.._..--------------..._ .. _. .
T'E~ FOU~ THOUSAND..FOUR HUNDRED and no 100------ ---------
----------I~c------------------------------------- --------------------..._........-----.._....._._.!_.-----...---------------"'----------------------------- not~Rs
f~ ~e~~e ~~e~~ed, payabie at._ p~._ 0,... Boa..38~6,_. Fort _ Pierce,___Florida_. 33454-_---_---.---
` or at such other lace e ecified - -------------------
-----------.--_ ------ . .
--------------------------------------------------p._..----•------- ---._.__ ..---------••--•--------•---•--------------------•----------------.... with ~nterest
from..!~~~~'_______________..__at the rate of__~18-__.per cent per annum untii paid; interest ayab~e._$$..herein- •
• a~ter set fortti~-~~~~~~
And eacl~ of us wh~ther make~. gwrantor w erdaser, hereby severally wsives and renovnca any snd all hwnestesd exemption rights we ~•
msy baw under the Ca-stitution or taws d the Stste of Florida, or a~ryr othtr Sute w Unitad St~tes, as ag~inst tha note: snd ead+ fixther waives
demand, notic~ of non~payment and protest, snd in evsnt it becanes neceuary to cdtect this note thro~ph +n anorney, ayrees to pay sll cosn
of cottect~on, inclvdinQ rsasonsbk at-orney's fee.
If defsuh is mad~ in ae~y psYmsnt when due, then ~t the opti~+ of the holdtr, and without any otFKr notin, all the rem~in'u~g bsbnce
sh~ll be due si+d psyabl~ at a~ce. •
The principal indebtedaese evidenced hereby. together with interest
therean. ahall be paid in 23 equal and consecutive manthly install~eents
of $525.00 beginning April 19. 1981. ~n June I9. 1981, a principa2
payaient shall be paid in the a~wunt of $I0,000.00. On March 19. 1983~
all r~maining principal, together ~ith interest thereon, ahall be due
and payable in full.
In the event any~payment made hereunder is more than 7 days late, a
late payment charge of 5~ of the a~ount due shall be added to the
payment ualess eaid emouat would result in a violation-of the usury
~aWS of the State of Florida in eaistence at that time in which case
the amount of the penalty shall be the maximum amount p~ryable without
violating the usury la~. /$/ Vernon R. Tustin
_ , , _ sEnl
~d~1._R ~...1.~TSTZiQ ..............•-----•--------------------~
No-----------------•------- ~e-------------------...----------•--------•---
ruw ~r~ _ rasrr~c.r aas
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