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Pl'OVl(~~ AlW~ye3 that if sa,id .hfort~a~or ahall pa~/ unto the sacid JKort~a~ee
the cert-acin prnmissory note, of which the followan~ in words antd ~,~urea is a true copy,
to wit: ` ~
~ ~ ~ Q~Q . QQ ' . ~ . . , Janua ry / 1970
FOR VALUE R~CENED, the undersigned promises to
~ay ~c~ ~iie order of LF70 C. WILSON and HII,EN BURNS 41IISON, his wife,
at Ft. Pierce,Fla.the sum of Three Thousand ($3,000.00) ~~?~rs,
with interest thereon at the rate of six (6~) percent per year
from January 14 , 19?0, said principal sum and the interest to
be paid as follows;
_ On February 21, 1971 -$1,500.00, together with interest at 6~;
On February 1, 1972 -$1,500.00, t~gether with interest at 6~.
The Morgagors shall have the option of prepaying
at any time without premium or fee the entire indebtedness or any
pari tnereof.
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Florida stampa attached to ~
oriqinal not e and cancelled. ' t
and shall perfo~m, comply with and abide b~ e.ich and eL~ery the stipulations,
c~~reements, conditiorr~ dnd cavenants of said prnrnissory note and of this deed, then
t)~is deed a,nd the estate hereby created shall cea,se and be nutl and void.
i
~ri1~ the sc~cid Mortgagor her~by covenants and a~rees:
.1. To pay all and sin~ular the principal a~ul interest and other sums of money
payabte by virtue of said promissonJ note and this deed, or either, promptlJ o~a the
daJs respectivet~ the same severally come due.
Q. To pay all arc:~ sin~uiar the taxes, assessments, levies, liabitities, obligations
and encumbrances of evenJ nature on said described property each and every, and
if the sam,e be not prnrriptly paid the sc~cid .1Kortga~ee may at any tirne pa.y the sctm.e
with~out waivin~ or affecting the option to foreclose or any right hereunder, and every
paa,nnent So m.ade shalt bedr interest from t,he c~'ate thereof at the ra,te of
per cent. per cLnnu~n. ~
To pay aIl and ain~ular the costs, CIL(1T~P,4 a~ul expenses. including lawyer's
fees, reasona,bly incurred or paid mt any time by said JlTort~cL~ee because of the faiture
on the part of the sacid JlTortgagor to perform, corrcply with and abide by each and
eUery the stipulations, a~'reements, conditions and covenants of said prumissory note
cLnd this deed, or either, c~nd every such pcLyntent shall bear interest frorn date a,t the
rnte of s ix per cent. per annurrc.
To k~ep the building now or hereafter on said land insured in a sum not
less than
Five Thousand~* ($5,000.00) Dollars, in a company or companies to
be approved by sa,id JKor~~ac~'ee, and ~he policy or policies held by and pa,yable to said
JKor";~a~ee, and in the event acny surri of monoy becomes payable under such polic~ or
palU;ies, the .M'ortga~ee shall luave the option to reeeive and apply the same on account
of the ind,ebtedneas hereby secured or to permit the Mortgagor to receive and use it, or
any part thereof, for other purposes, wit,hout thereby wcr,ivin~ or impa,iring any equity
lien or right under or by nirtue of th~s m,ortgd~e, and may pla,ce dnd pccy for such
inBUrcLnce or an~/ part thereof, without waivin~ or affectin~ the option to foreclose or
any right heneunder, and each and every such paym.ent shall bemr interest frnrrz date
at the rate of s ix per cent. per annu~n.
800K ~V~+ f~Abf ~~1J
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