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~'o ~laue ~nd to ~lotd I~i~ sam~~. luqet~u~r util~? f~i~~ IPtIN?11PI\IS. ~~erecrilt~m.~t~ls ui~~~ cipp+~rl~•- ~
na~~crs l~i~rrto ~,~~~onf~i~tic~, anr~ f~~~ r~nls, issues a?~~~ p~ujils t~~~~r~u(, imto i~~n ?norl~n~ee. i?i si?np~r.
I~~c~ mort,yn~~or roi~e~tnnls init~i l~i~ rnart~n~rc t~uii t~~e nwrt{)n~o~ Is iuc~eJen:t6ly s~iu~~ aj saicj . ~
~an<~ in ~c~c~ sini~r~e; t~nt tlie marl~a~or tins ~ooc~ ri{~~~t a?~cl ~a~i~~ul aut{iorlly to conuey sni~l Inr~d as a~ore- ~
sni~~; 1{inl I~u~ niorl~~af~or u~i~~ mn~Q suc~~ (urt~ier assurnnces to per~~cf t~~e ~ee simple lil~e fo salcl ~anc~ in Ifie _
morl~n~jee ns may r~asona~~~y ~~e rehuirec~; tf~nl 1'~e ntort~af~or '~ere~~y ~<<!ly u~nrrartfs t{~e lit~e to sai~~ ~anc~
I cuu~ ~oi~~ c~eJetu~ f~ie snnt~ a~ninst tlie lawju~ c~nims o~ a~l persons u'~~omsoet~er; arir~ f~taf spitl ~a?tc~ is ~ree ~
~r~d clc~nr of nll enc~~mLranr~s ~
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; ~~QV~(~~ ~ys~ lf~at i~ saic~ mortgagor sha~~ pay un~o saic~ morlgages the certain promia- ~
sory note {~ereiria~ter s~iE~stantial~y copiec~ or ic~enti~iecr, to-u~lf: - - t
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_ 5~17,000.00 FORT PIERCE, FIARIDA - MAY -l.~~ , 1975
- For value received, I or we, jointly and severally, promise to pay to the order of
ROBERT W. PADRICK, TRUSTEF - _ -
SEVENTEEI~ THOUSAI~TD A~~ID NO/100-------------------=---------------------------DOLI,ARS
' at same address as above in Fort Pierce, Florida, in five (5) annual payments of
principal and iurterest due and payable as follows : -
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bATE DUE - , PRINCIPAL ~ INTEREST - TOrTAL -
May 1976 _ ~3,400.00 $1,445.00 - $4,845.00
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~ May , 1977 ~3,400.00 - $1,156.00 - - $4,556.00
~ ~ May , 1978 ~3,4 Q - $ 867.00 ~$4,267.00 ~
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May i5 , 1979 • - $ . $ 578.00 $3,978.00 _
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bfay ; ~j ~ , 1980 $3, :00 . _ $ 289.00 ~3,689 .00 y
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w?til the whole of said indebtesiness is paid,-with interest from date at the rate
of 8'-~% per annwn on the wnpaid principal balance .
_ If any payment of this Note is not paid at the time and place specified, the
~ entire amount wlpaid shall.be due and payable at the el~ction of the holder
p - hereof. All parties her~to, whether makers, endorsers, sureties, guaTantors, _ i
~ ~or o~therwise, hereby waive deriand, notice and protest. If placed in the
~ hands of an Attorney for tollection, we jointly and severally agree to pay-
_ - reasonable At~orney's fees The b'~ker of this Note ° herein reserve the righ~- _ ~
~ _ ~ of prepayr~ent in whdle or in pari at anytime without penklt~.-~ . ~
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~1,~. "ir . ~ , + ~-n~'~--~.__ (SEAL) ;
- 0 R f, ~rom B. Van aricom ~
~ OOX~~7 PAGE~~~ _
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