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to convey said land in fee simple as atoresaid; that it shall be
I~ lawful tor said Mortgagees at all times eaceablt and uiet
i P 1 q ly to
, enter uponr hold, ~ccupy and enjoy said land; that said land is
1` i~ee fr~m aZl i;,~ambrances; th~t ~?i~ ;4;ortRa or wi11 make s
J ~ q uch
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~ further assurances to perfect the fee simple title to said land
in said Mortgagees as may reasonably be required; and that said
Mortgagor does hereby fu]_ly warrant the title to said land and
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~ will. de~end the same against the lawful claims of all persans who -
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soever.
PROVTDED ALWAY~ that if said Mortgagor shall pay unto
~he said Mortgagees the certain promissory note, of which the fol
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I lowing in words and £igures is a truz copy, to-wit:
"PROMISSORY NOTE
$ 47,925.00 Fort Pierce, Florida, January 4, 1966.
For value received, AL JOHNSON MOTQRS, :CNC., a Floxida
corporation, promises to pay, without defaZcation, to the order
of LILLIAN M~ RAPPOLD, LZLLIAN V~ PORRIER and FREDERICK G~ RAPPOL ,
at 6S1 North 2nd Street, Fort Pierce, FZorida, thP sum of Forty-
Seven Thousand Nine Hundred 'Pwenty-Five and no/100 Dollars
($47,925.00), with interest from date at the rate of six per cent
(6%) per annum, as herein~fter provided.
The principal sum, together with interest thereon, of
th is promissory note, isFaya~le in installments as follows:
Nine Thousand Five Hundred Eighty-Five and no/100
Dollars ($9,585.Q0), tog~ther with accrued inter-
est, on the 4th day o~ January, 1967; Nine Thousand
Five Hundred Eighty-Five and no/100 Dolla rs
($9,585.00), together with accrued interest, on the
4th day of January, 1968; Nine Thousand Five Hundred
- Eighty-Five and no/~00 Dollars ($9,58~.00), together
with accrued interest, on the 4th day of. January,
1969; Nine Thousand Five Hundred Eighty-Five and
no/100 Dollars ($9,585.00), together with accrued
interest, on the 4th day of January, 1970; and Nine
Thousand Five Hundred Eighty-Five and no/100 Dollars
($9,585.00), together with accrued interest, on the
4th day of January, 1971.
If default is made on the payment of any installment of
the principal sum or the accrued znterest when due, then, at the
option of the holder and without any other notice, a11 the remain '
LAW OFfICES ~
FORD ~ TY~ ~
121 YORTH FOURiH STREE7 ~
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AR~ADE BUIILDltdO ~ 2.~
FOAi PIERCE. FLORIDA
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$Qt~~f