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~ortga~ge ,~~te
'~a~~t~ ~ru~t ~greet~e~tt
' Tti:~ No 68-LT-5-550
~ 12,600.00 Fort Pi~rce, ~ F~, Februars? lst ~ ~qyQ_
~OY' ~iri~lit ~ttttll~Q~~ ~t~al Bank and Trusf ComWnY. Miami, Fbrida, not personallr but as Ttuste~ ~w~der tht povisions o} a
Trust /?~rcer~x~t dated Febtuss~? 18t~ 1968 and known ~s Trust Numbcr 68-LT-S-550 . 1+thb~? Orar+is~s out o~ that
po~tia+ of tht Trust Estat~ wnb~ect ro said T~ust /1~re~ment spccifically described in the Matps~e ~Iv~n to sscw~ tM p~yment Mnoi, to
paY ro bearer, in the manher hereinatter and i~ said Mort9a9e provided, the principal wm of
TWELVSTHOUSAt~IDSIXHtl1~RED andOOL100----------------------po~~.
and interest from date on the balance of principal remai~irg from fhne fo tMrw unpsid
at the rate of 7~ _per cent pe? annurn in installments as folbws: ~~'i'Y~NINE and 60/100- pn~~~ pn
lst d,y of March . 19 68 , ar~~ I~INETY-NII~ and 60/100- poibn
on the first ~Y of esch month thensft~r until thb noN is ~ully pild
except that the final payment of princips) and tnferest, if not sooner patd, shsll be due on the first .dry of
February . 19 88 All wch wyments on acaount of the indebtedneu wid~nced by this not~ shsll b~ fint
applied to interest on tF+e unpaid principal bslance snd the rer~ainder to principsl. 7~
The principal of esth of said installments unless paid when due shall besr interest sfter msturity at the nte o~~IDOI pe? tent ptr ~nrwr».
5aid payme.+ts are to be made st uxh banking house or rn,st c«npaM? ~n the Ctty of Coral Gables Fb,ids,
ss the le~al holder of this note may, from time to time, in writirg appoi~f, snd in the absente of such sppoinh»ent, tMn at tM office of
° J. T. STF.~IART MORTGAGE COMPANY, INC. s,~ ~i~y, Privilege is qiven to prepay in
£ull after 1 year from date of mortgaqe upon payment of a 1$ penalty based on oriqinal amount o
the mortgage. J. T. S'TEWART MORTGAC~ COMPANY II~.
, The payment of this note is secured by a mor*gage, bearing even dste herewith, to •
on real estate in the~~G~ , County of ~Cie , State of Fbrida. '
It is agreed tha. at fhe election of the holder or holders hereof, and witFaut notite, the principal sun remaininy u~psid hereon, fopetht~ .
` with xcnied interest thereon, shall become at o~ce due and payabk st the plxe of psymenf aforcsaid in pse of defauit in tM psyn+ent
t of pri~tipat or interest when due in accordance with the terms hereof w in case at any time hereafter ihe ~ht to ~orttbse the ssid rr?ort-
€ gaQe shail accrue ro the legal Miders hereof unde~ any of the provisions contained in said mortgage.
~ All panies hereto severally waive presentment for payment, notite of disFiOrwr, ptotest and nOtite of protest.
t This rote is executed by Central Bank and Trust Company, not personally, but as Trustee as aforesaid in the exercise of the powcr
~ and authority conferred upon and vested in it as such Trustee, and is payable only out of the p?operty specifitally destribed in ssid Mo?t_
~ gage securing the payment hereof, by the enforcement of the p.ovisions contained in said Mortgage. No personal liability shall be ssserted
~ or be enfortible against the promisor or any petson interesfed benefitially w otherwise i~ said property specifiqlly described in ssid AAo?t-
gage give~ to seture the payment hereof, or in the property or funds at any time wbjett to said tnnt agreement, betsuse of or in respett
of this note or the makirg, issue w transfer thereof, All such liabilify, lf any, is expressly waived by eath taker snd holder he?eof, but
= noth~n~ ixrein contained shall modify or discharge the personal liability expressly asxin+ed by the yuarantor hereof, if sny. Each ori~tnat
~ and successive holder of this note accepts the same upon the acpress tondition that no duty shall rest upon the ~w~dersipned to sequtster
c the rents, iswes snd profits srisinp from ihe rty destribtd in said Mortysye, or tfie proceeds srising from the sale w other disposl-
~ tio~ thereof, but that in use of default in the nt of this note w of sny irutallment hereof, the sole remedy of the holder shsll be by
~ fwecbwre of the s~id Mort~e piven to secur the indrbtedness evidenced by this note, in xcordance with the terms and provisfo~s in
~ said Nbrt~e set fwth or by sction to enforce the perso~al liability of tF+e yw?anror, if any, of the psyment hereof, or both.
~ CENTRAL B /1ND TRUST COMPANY
As Trust s~fore id and not penonally,
~ By t _ _
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~ ~ Stuart . Borovay, Vice Pres eat aad Truet Officer
~ ^n Y ,
~ siatant Cae e -
~ This Is fo t~rtiiy thst thls is the rott dsscribed In the wifhtn m~nttoned Mortpapa -
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600K ~ 11 PACE ~V
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