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affeotinq tba option to foreclose or any other riqht here- ~
under, and all euch payments ahall bear interest fraa date ~
ther~6f at the hiqhest laMful rate then allowed by the laws
of the 3tate of Florida. ~ #
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iF any eums of money herein referred to be not F
pranptly paid within7 daya next after the same becoaQea due, or
if each aad every the aqreements, etipulations, conditfone and ~
covenaats of this aqreement are not tully performed, camplied
with and abided by, then the entire sum mentioned in thie
aqreeffient, or the entire balance unpaid thereon, shall torth-
pith or thereafter, at the option of the pe~rty of the first
part, becvme and be due and payable, anythinq in said agreement
or herefn to the contrary notMithstandinq. Failure by the party
of the first part to exercise any of the riqhts or optiona
herein provided shall not constitute a Naiver of anp riqhta
or options under thia aqreement accrued or thereafter accruinq.
~ $ach maker, surety and endorser hereof, jointly and
severally wafves demsnd, presentment, protest and notice of
~rotest for nonpayment and further aqrees to any eactension of
tinae of payment either be~ore or after maturity, Without notice
to any of usi aad to pay all costs of collection, including a
reaeonable attorney's fee in the event of any default here-
under.
TH$ party of the seconc7 part, as further security
for this transaction, aqrees and by this instrument qrants a
lien upon Lot 1 of Block B of EDGEWOOD PARR SOHD~VSSiON as per
plat thereof on file in Plat Book 4 at page 72 of thi public
records of Saint Lucie County, Florida, as aditional collateral
hereunder upon the same terms and conditions heretofore
recited. $stelle Williams, a siaqle adult, hereby joins in this
instrument fo= the purpose of aubordinatinq her life estate in
said Lot 1 of Block B of Fdqewood Park Subdivision as per plat
thereof on file in Plat Book 4 at page 72 of the public recorda
of St. Lucie County, Florida, to the lfen and operation of this
agreement.
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~ IT IS MOTOALLY AGREED, byand between the patties hereto,
I that the time of payment shall be an essential part of this con-
tract, and that all covenaats and agreements herein contained
shall eactend to and be obliqatory upon the successors, heirs,
executors, administrator and assigns of the reapective parties.
IN WITN$SS WHERBOF, the parties to these present~~~ts?v~
hereunto aet their hands and seals the day and year firat~:a~iRYie~;=- ~
. „ .
written. ~ , ;-4 . ~
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D i P INVSS'tMEriTS, I . ~ . ~c, - - .
Signed, sealed and ; ' • ' ~ :
delivsred in resence ~ ~ ~
p , ~ _ : .
of : By ~ t- - ~ :
- s..: . - . ~
- ~a~ •~f:'
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Attest: -
5 ect.
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Party of the First Part.
~ ~ ~ . .
am ams, r.
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~cJ.~~~~.~
. no~e ~8
~ Party of the Second part.
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~Y+~1 '
8ste le W iams
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