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11:'1' PROVIDED ALWAYS that if said mort~agot: shall pay unto said
mortgagee the certain promissory, note nercinaft:er substN.ti <:11y ('opirs
II or identified, to-wit: -
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INSTALLMENT NOTE
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, 4,700.00 . Fort Pior~e, Florida, Marc~ 7, 1963 ,~
For value received we, jointly and severally, as principal promise to pay without defalcation to the order
of _ EVERETt ~. PRICE and LINDA LOU PRICE, his wife
at the office of said payee in Fort Pierce, Florida, the sum of
FOUR THOUSAND SEVEN HUNI?_~D AND NO/lOO--------------------------~_= DOLLARS.
with interest from date at the rate of 8 ix ~:~ per ann urn, in monthly installments. payable as f01l0ws. to-
,wit: FORTY FIVE AND NO/lOO DOLLARS, on the15th day of April __, 19163
and ~TY FIVE AND N011Jl~L__ DOLLARS, on the15th day of each succeeding month there-
after until the whole sum named is paid.
Each in,;tallme'lt first shall be applied in payment of the interest and then on the unpaid balance of the principal awn.
If default I;; made in the payment of any installment when due, thGn, at option of the payee all the remaining installments
shall become due and payable at once. Privilege is given to pay two or more installments at any time.
Should it become necessary to collect this note through an attorney, either of us, whether maker, surety or indorser
on this note, hereby agrees to pay all costs of collection, including a reasonable attorney's fee. '
The makers. sureties and indorsers hereof severally waive presentment, p test and notice of proter for non-payment
of this note nnd agrt'e that the time of its maturity may be extended before after maturity al'd do further severally
agree to any renewal thereof before or attar maturity, without notice of .
~ I
i'It ($ State documentary
stamps attached to origina
~~ note and cancelled)
(SEAL)
(SEAL)
(SEAL)
(SEAL)
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The Mortga~or~hall have the opticn and right to r~duce the herein-
after prov~ded monthly installments to a sum equal to onE. ~('rcent of
the then unpaid balance and said in5t.:.llments shall remain the sarr,e
until all Bums are paid.
III the ev€'nt thp mortgnr,('€' shElll be C'0rnpellpd te' ray the first
cf10rt-r;ilge instnl1rnpnts 0f thf' existing rnortgnge rriar to re-finilnc n(~
SAllle "';.t'hin the first six months herenfter, hhe\' shall lH,V(' the' r gld
to deduct same frcm thp nbovesaid instalrnpnts A~d p~y thp bnlance
"f 2ny SEl;_d instc>lment pnd shr>l1 be nl1o\>.'f'C} C' credit ag8inst the
puC",(">sll(id instC'lrnent thr-refor.
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