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Provided, however, that i~ the ~aid party oi the first
part, its heire, e uacessors snd assigna, ahall paq to the party
oY the eecond part the eua of ~'I1~'TESA THODSAAD AAD NO/100
(=15,000.00) DOLZA~~, according to the teras e.~' a certain
promiseory note dated the Sth da~p of July, A.D. 1966 and ezecute
contemporaueouely herewith peyable in monthly inetallments of
=200.00 ~'he Yiret pt~paent to be ma de on the 28th day of Auguet,
A.D. 1966 and a like eum on the 28th day of each eucceeding
month theresYter until such time ae this note hass been paid
in fnll, with interest at the rate of 1096 per annum, payable
with eaah p~incipal peyment and computed on the unpaid balance
thareoi monthly se aet out above then thia aseignment shall be
void, the same being given !or thepurpose of eecur~ng the
payment of the eaid eum and intereet. The said note ie attached
hnreto and by referenQe made a part hereof.
If a~y default shall be ~aade in the payment of the said
principal sum of said last mentimed note, of iY any installment
of intereet thereon, when due ana payable, or in the perfor~ance
o! the conditions and covenantsa~ the said mortgage hereby
assigned, then and in either of a~y auch eventa the saEd party
of the second part, her succeeaQre, heire and asaigne, upon
at least thirty daya wpttten notice to the s~d party of the
iirat part, specif"ying the default and the latter'e failure
ft~lly to oorrect the default by a date etated in said notice
(not lees thsa-.thirty days Prom ita date), may elect that the
esid principal aum he reby eecured, with the intereat then
accrued thereon, ahall be forthwith dne and paqable,; and,
in addition to the other remedies herein, provided, said party
oY the second part, ite ancceeeore and seaigns, are hereby
authori~ed aad enpowered to aell the a aid mortgage and note
hereby asei~ed, and al$o the land and premiees inclnded in
t~he said mortgage in the event oi the same baving been fore-
closed as hereinafter pr~vided, at public suction in Fort
Pierce, Florida,~irst having given noticea~ the time and place
oY such sale once each week for four successive weeke in a
pnblic newapaper in said St. Zucie Couty, Florida, and to asaig
and convey the eaid note and mortgage or the land and premiaes,
as the case may be, abaolutely and in fee simple tothe pur-
chaser at auch sale, and ont of the money arieing fan auch
eale to retain the principal sum hereby secured, a.nd the inter-
eet thereon, with the costs and eapeneea of snch sale, includ-
ing a reasonable attorney's fee, and to pay over th e surplus,
iPar~y, to the said party of the first part, ita heirs, successo
and asaigne, and in tbat eve~tt the eaid party o f thesecond
part, ite euccesaors and asaigns may become the purchaser at su
sa~, and no otherpurchaser shall be anaWerable for the applicat n
of the purchaae money.
In the event of any default in the perfozmance or
observance oi the conditioms and covenanta of the said
mortgage hereby assigned, whether before or after ar~y default
PritlP G. NOURSE
,.iTORhEY AT LASM -
`3}A ~(OkTN FOUR7M
; 7A7 P!ERCE. FLORIDA
33~50
TEIEPNONE N1-176'~
o~K150 4~
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