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mortgaged the same to ASSOCIATION by mortgage deeds more particularly
described and set forth as follows:
First mortgage dated April 12, 1961, recorded in O. R.
Book 9, at page 651, St. Lucie County, Florida records
to secure an indebtedness evidenced by a promissory
note therein described in the amount of $98, 500.00.
Second mortgage dated March 2, 1962, recorded in O. R.
Book 31, at page 422, St. Lucie County, Florida public
records, securing $16, 000.00; and
Third mortgage dated April 19, 1968, recorded in O. R.
Book 171, at page 1671, St. Lucie County, Florida public
records, securing $25, 000.00.
AND
WHEREAS the balances, both principal and interest of the indebted-
nesses, evidenced and secured by the promissory notes and mortgages
above described as of the date hereof are as follows:
First Mortgage $ 64,130. 94
Second Mortgage 11, 210.16
Third Mortgage 25.000.00
Total ~100, 341,10
AND
WHEREAS the parties hereto have agreed to consolidate the several
mortgage liens and the respective indeb~ednesses by each aecured and to
extend the term of the consolidated debt in the same manner and to the
same effect as though a single promissory note evidencing the aggregate
debt, at the rate of interest hereafter specified, and a first mortgage deed
securing the same were executed by CAUSEWAY and delivered to ASSOCIATION;
NOW, THEREFORE, in consideration of the sum of $10.00 to each iri
hand paid, the receipt whereof by each of the parties is to the other hereby
acknowZedged, and other good and valuable considerations inuring, one to
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