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aeeigne, the certain pro~aieaor,? note, ot which the [oUoririag in worde and iiguree
is a true copy to-wit: ~
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MORTGAC~L NOTE
a 3~~'~ ~'S ~ L~~ . Florida
~ . 196 ~
For value received, y~l~ A00~1~ aN qpQ~~p~ ~ y~~!
the maker(s), herebq promie e to pe,y to GENERAL DEVELOPMENT CQRFORATION, ~
a Delaware corporation authori~ed to do bvefneae i4 the State of Florida, having ite
n
principat otiicea ~n the Ci oi Miaani. State oi Florida, the p~qee, or order, the
principal eum of ; !a'~ !Z~![ asi Oa/a+0a (53~0~9•Oa~ ~13+as~ • • • • . . . . .
with intereat irotn date a the rate of ~6 per annum on .the unpaid princip~?1
until paid, euch princip~l and interest on the unpeid balance to be p+aid as followe:
The stma of a 133•~f . .
on or before the - day of , 18 , and
~ a like eum~ on the same date of each succeeding month thereafter
until four (4) yeare from date hereof at which time the outetand- '
ing balance of princip~al and accrued intereBt shall be payable in
full.
All payments shall be applicable first to interest arxl then to principal. All paqmenta -
of principal and iirterest ehall be made in lawful currencq of the United Statea payable
to the order of payee, or order, and mailed to payee or to such other address as
p~yee shall designate in writing.
The maker(s) maq prepe?y any part of or all of the unpaid principal and accrued intereet
at an~ time up~, 30 daya written notice to paqee without payment of any premium. In
eveat of default the maker(e) will pe~y all coste of collection including a reasonable
attorney's fee. Demand, preserrtment, protes't and notice of maturitq are waived.
Thie note shall not be conaidered in default untii 30 days after the due date of a~r in- '
stallment of principal and interest. Should maker(s) fail to p~y any installment of
principal and intereat when due before the end of this 30 day grace period, then the
holder hae tbe option to declare the entire amount of pr~cipe~l then remaining unpe~id,
together with all accrued intereet, immediately due and p~yable fortharith. ~
1~~ (SEAL)
; ~i~/ i~l~iM i. OMMa~o ~ (SEAL}
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and shall perform, comply with and abide by each and everq the etipulations, _ ~
agreements, condition8 and covenants of said promissory nate and of this deed, +
then thie deed and the estate hereby created shall cease and be null and void. '
AND the said Mortgagor, for their heirs and asaigns, hereby
covenant and agree;
1) To paq all and singular the principal and intereat and other sums of F
• money payable by virtue of said promissory note and this deed, or either, prompt-
lq on the daya respectively the same eeverally become due. ~
Z) To all and sin lar the taxes, aesessmentB, levies, ~
PaY Bu liabilities, '
obligatione, and encumbranceg of every aature on said deecribed property, each
and every, and if the eame be not promptly paid the said Mortgagee, ite succeseors
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