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7~ I~i~V~ L~~ ~o Ilo~~ I~~e same, lu~elher witf~ Ihe terternenta, herer~itamenl~ anc~ npptute- `
~i~nr~~s !'ic~r~to f~e~ongin~, anc~ Ihc~ re~~fs, issiees anc~ pro~ils t~~ereol, unto the mortgagee, In lee ~irry~~e. ;
' ~n~ I~ie nsortga~or ro~~enanis urilfi !he mort~agee ii~at !he ntortgagor i~ inde~Paai6ly aeize~ uj tait{
Ianc1 in (ee simplP; thnf tl~e mort~aAor ha~ flood right an~I Iatu~ul authority to convey aatd lar~d as ajore- ;
saic~; f~~at t{is mort~~gor wi~~ make suc~? ju~f{~er a~sura?icea !o per~PCf fhe ~ee iimp~e tttle to sat~ ~and in fhe ;
mor!(jci{~ec+ as may reasonah~y he ~equirecl, that tlie mortgapor heTe6y (u~ly watrants t{?e llf~e to 1atal land ~
` nnd u~iU c:F~enrl llie same a~ainit tho law/ul claima o~ all person~ whomaoever; and fhat said land I~ ~ree t
` a~ul rlt~ar o/ nll encumhrances _ ~
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~ ~rou~ded ~twnys, that i~ said~ mortgngo~ ~hnll pay unto said mortgagee the certain promis-
sory note ~ereina~ter substantial[p copiac~ or identijied, to-wit: • -
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MORTGAGE~NOTE . _ ~ - _ . ~
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~ ~ ~'OT't ~e2'CE' _ . Florida S
; 2,130.oQ - _ _
~ _ _ t~~y ~ 1975
FOR VALUE RE~:EIVED, the u~dersigned, (jointly and se~~crally, if more than one) promises to pay to
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Phll~P A. P.llen, Jr . and i~aria T. Allen , or ordcr, in tha manner hereinafter specified,
- the principal sum of T~•,O thOl?SariC~ OIl@ hundred tnirty and .-------L2:a /100 DOLLARS
= (S 2 i3 ~ Q 0 with intcre:t from date at the rate of 10 pcr cent. per annum on thc balanc~ lrom time to time remaining unpaid.
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TAe uid principal and interest shaq be payab2e in lawful money of the linited States of America at . ,
or at such place as may hcrca(trr bc desi3r.ated by writtcn notice from the holder to the makcr hercof, on '
- the date and in :he manner fol:owing: - . . _ - . _ ~
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$ per r~onth beU;
{ Six~v equal- monthly ins~allments of ~5.26 o~r?ning- 4
on -t:je - 8tn dayof~ J~e ; i975, ar.d continuing on the same _
~ d2y cf each mon~h tnereafter until paia, including 10 per cent ;
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_ in~eres~ per annum on the unpaid balance. _
' After 24 months fror~ r~~y 8, 1975 the mortgagor ~~as tnz r-ight ~
` oi~ prep~yr:ent withaut penal~y . -
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_ This note with interest is secured by a mortgaqe on real estatc, of cven dat~ herew•ith, made by the maker hereo[ in Ea~ror of thc said t
payee, and shall be canstrued and enforced according to the lawi of the State of = Ftorida. Z"he tezms of said mortgage are by this reference _ ~ f
made ~ Fart_ he:coL _ - - -
If defauit be ma~e in the papmen: oi any of the sums or interest mentioned hcrein or in said mortgage~ or in the p~rtormanc~ oE - ;
t any of the agreerr.c~ts contained herein or in said inortgage~ then the entirt principal sum ana aeu~ed interest shal( at the option of thc
ho:de~ hereof become at once due and callectible without notice, time txing of the essence; and said principal sum snd accrucd intttest
ihall bota bear intetest from such time until paid at the highut rate al:owabte under ~he laws of the State of Fiorida. Failure to exercise
~ thia optior~ shaA not constitute a waiver of the right to exerciu the iame in the eveni of ar.y iubsequent dcfavlt. `
= Each person liable herton whether matier or endorser, hereby waives presentment, protest, notite, notice of protesc and notice of dis• ~
honor an3 agrees to pay all costa, inciuc;ng a reasonab:e atto:ney's fee, whether suit bc brought or not, if, atter maturity of this note or default
I' hereunder, or unde:_ said mortgage, counsel shail be employed to collecs this note or .o protect the rrcurity of said mortgage. -
; _ ti4'henevcr used htrein the terms "holder", "maker" and "payee" ahall be constriied in tho singulas or plural as the context may
~ _ require or admic.
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; ~ - ~iaker's Addreu - . ....`5~..~~~g..Hei$~
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- ~ . TROASAS HEIART ~ -
~ _ SEAL
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' P. c? I3ox ?133 Stuart Florida 33~+9~ ~ E l
/ S AL) ~ _ i
~ ~ U R ~g
` $OOK~.ve7 PA~~,~~0 '
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