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~1 1~ 7laVe a~ tQ ~0'~ 1~~r sam~. t~Fllier Wit~~ Ihe tenernlnfs. ,heredifamenla anc~ appurle- b
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'i nance~ 1~~Preto E~e~ou~ini~. <~n~~ 1~~~ rrnlc. iscuea anc~ prolils I~iereu~. w~fo itip morlgugee. in ~ee timp e.
(I ~It1~ thp morf~agor coi~pnanls wilh 11~e morigagee ihat Ihe mortgagor is inde)eatibly seize~l o( ~aid
! land in Jee simple: that Ihe mortgugor ha~ pood right nnd law~ul authority to convey said lai~d ns a~one ~
~ sai~; itiaf f~e mortgaflor ~ni~~ malr~ eucl~ ~urttier asaumnce~ fo per~~c't f~e let atmp~e Nf~s to said lana in t~e ~
I .,,.1.1„ 1... ~i~..e el~w mortaaaor henby (ully wanants tl~e title to said land
i~ r..~..=~.:ya~ :rc~ ~
I arid u~il1 dejend the same against the Inwjul claims oj aII penon~ wF~om~o¢ver; and lhat said land is /?ee '
' nnd clenr o( all encumbronces except te?Xe3 accruing subsequent t0
December 31, 1984.
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~ ~rQV~~ ~~s~ that if aaid mortgngor s~n~~ pny unto snld moMgagee the certain promis-
~ sory note he?einaf tar substanlial~y copied or sde~stif i~. to-wit:
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i...18,~ 500~00.... .P.o~.Z..~Z.....Luz.i.e_._.. Fto.id,,.....1leteiaher...2......... t9....85
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~ ~pr ' 2tjlif ~:~~CCibfl~ unders~gned jo~ntir and severally prom~s~s to par to 1he order
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~ of ...JoS~ePh..~~as.elli..~and..Palm~na..Cas.e11.L*.-.his--~i~e
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1I a'"~'~ :wn of...Ei.g.h~,een._Tbo~.sand..Five-.Hundr.ed.-.-.-_..Dol4s~s (;.....~$.,~QA.YO$-•-•l,
togefhlr with intenst thereon From date al the rate of....._.l.l ......................p~r ceM. p~v snnwn ~lil maturify,
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; Y ry P~ Pa
` said iMerest btiny payable monthly on the....2i~d da of ~ach and sve moMh both ina (
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i and interest bein9 payable in lawful money of the United States at...._~Q.__~a~r-i~sot~--~vt??~~~e---------------
' .......~dX~Cll~Ot~_._~~hL..XAx}~_.__.l_Q5_28.......---•• ................................................................~.....Florida
or at suth other place as the holder hereof may desiynate in writin9. Principal and iMeresl payablt in install-
` j. ments of..__.S~.i1~---HuDS~zt:d..Plin~t~.._and._~T~.~_O:Q---::=--T-_-_....__...._Dollars, (5...~AB.A-~••)
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€ ; aach on th~...2.tls~_.._ day o( each and every month, be9i~nin9 on the .~.2tu1__......day of.__.Jac~ua~.y...._._,
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' 19.._8fi, and conlinuing until said principal and interest hawe been paid. Each installment paymeM sha~l be
~ i uedit~d First on the interesl then due; and the rema~nder on principal; and interest shall th~r~upon cease upon
tla principal so uedited.
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i~ Makers reserve the right to prepay all or any portion of the within
~ indebtedness at any time without penalty.
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~ 'i Notwithstanding anything herein contained to the contrary, the
~ entire balance of principal indebtedness and all accumulated
~ i~ interest due thereon shall be due and oayable within five years
~ t~ from the date hereof.
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^ I~ Each makar and ~ndorser severally waives demand, prot~st and notic~ of maturity, non-paym~nt a prol~sf and all
= qui~~n+u~ls net~ssary b hoW each of them liable ss makars and endors~n.
~ E~ch msk~r snd ~ndorser further ayrees, join~ly and severally, to pay all costs oi colledion, including a r~aso~abl~ atta-
n~y's fN in csse the principal oF fhis note or any payment on the principa) or any inte~~st Ih~r~on is nol psid at tM nspecfive
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~ ~ rt?aturity I~roof, or in case it ~comes nxessary lo prof~cf I~e s~curity h~r~ol, whMhtt suil ~ btpu9ht ot not.
~ ~ This nd~ and deferr~d infa~st paym~nts shall bear int~~~st s1 tM rst~ o( ~ ~ p~r c~nt. psr annum from maturity
~ I ut?til paid.
~ I This note is sscursd by a first mort9a9e ol ewn date h~nwith and is to b~ constru~d snd ~n(orc~d accading Io fh~ laws
~ of tla Stat~ o{ florida; upon default in th~ payment cf principal and;or int~r:sf when dw, th~ whol~ wm of printipal and
~ iM~r~st rtrtssinin9 unpaid shalK{j~t ~on of the~,~ ~come immediat~ly dw and payaW~.
!i gO~K ~ P~GE cyl•~
~ .(S~al) ' . ' ° (S~al}
~ hl~ichae~..E. Rees/ 'i
i -IS*a!1 ....~L..: .~.....:,.._....t`.(.....l...........:........... (Swl?
Sheila A. Rees
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