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~o ~aue and to ~old the snme, to~ether with the•fenements, herecritoment~ ancl appu-te-
nances fh~~refo b~~~unpiny, an~~ f{~e renls, issiles anc~ pro(ils fhereo~, unto the mnrtgagee, in iee simp~e.
~nd the mortgagor covenants u~itl~ Ihe mortgagee that the morfgngor is inde/easibly seized o~ said
Iand in (ee simple; that t{~e mortgago~ has good right nnd lnwJul nulF~orily lo convey snid lnnd as uf ore-
said; ti~at the mortgago~ will maka such further ossurances to perfect fhe jee simple title to said Iand in the
mortgagee us mny reasana6ly 6e required: thnt tke morlgagor I~ere6y /ully wnrrants the title to snid land
anc~ will de(e-~d the same agninst the law~ul claims o/ al~ pe~sons who-nsoever; ant! thaf said Iand is (ree
and clenr o) all encumbrances
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V~ 7iLW~s~ thst i~ snid morlgngor s{~a~~ pay unto ~aid rnortgagee t{~e certairc promis-
sory note hereina`ter su6stantially rnpied or identi(iec~, to-wil:
'_g„~~o~, _ nn :i~Iort~ ao e 1Vote I~iami, Florida Mareh 11 , l9g 1
FOR VALUE RECEIVED the undersigned promises to pay to the order of:
.ieci~iie rair and Clarence A. r'air, her husband
t~e principal sum of F74ht thousa:~d two hundred ninety-five and No/100--------------Dollars.
Such priacipal sum payable as Eollows:
IN FUI,L ON OR BEFORE September 11 198 2
The ~akers and endorsers of this note further agree to waive demand, notice of
aor~payment and protest, and in the even[ suit shall be brought for the collection hereof, or
t;~e same has [o be collected upon deraand of aa attorney, to pay reasonable attorney'~; fees for
~a~cing such colZection. This note is secured by a mortgage oi even date herewith and is to
~e construed and enforced according to the Zaws of the S[ate of Florida; upon default in the
pa;naent of pr_izcigal •ahen due, the whole sum of ~rincipal renaining unpaid shall, at the op-
tion of the holders, becone immediately due and payable. cai2ure to exercise this option sita?L
~ot consti[ute a aaiver of the righ[ to e:cercise the same iz the even[ of subsequent default.-
?yl~BLc ~T:
~:~. 3, Box 178C, Pickens, SC 29671
(Corporate SeaZ}
GE~'ER~1L EVELOPIyNT CORPORdTI0;7
3y:
Sr. Vi e Pr2sidept
~ttest: ~,
~lssistant Cretary
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