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- TO HAVB AND TO HOLD the same, together with all and singular_the tene- t
ments, hercditamena and appurtenances thereunto belonging, or ia snywisa appertaining,
~nd the reversion and raversions, remainder and remaindecs, reats, issues and profita thet+e-
of, and also all the ~state, right, title, interest, property, pos~cssion, clai~n and demand
whatsoever, as well in !aw as in equity, of the said Mortgagots in and to che same, and ~
evecy parc and parcel chercof, unto the said Mortgagee in fee simpl~e. ~
AND the said Morcgagors do hereby fully warrant the tide to said land and
every part theroof and will defend the sune against the lawful claims o€ aIl pers6r.s whom-
soever.
PROVIQBD ALWAYS That if aaid Mort or shall a unto the uid Mort- ~
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gagee cerqin promissory notea of which the following is a subscantial copy ~
to wit: ;
,
~ .
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. 5232,000.00 Februery 1970.
FOR VALUE RECENED, we promise to pay to BANK OF PAII~I BEACH AND TRUST
COMPANY. AS TRUSTEE, or order, the sum of Two Hundred Thirty T~ro
Thousand Dollare in the following instalLments, peyable on ~he
folloaing datea t
February 1972 =33~143.00 February y; 1976 533.143.00
February 1973 33,143.00 Februery ~?-~s ' 1977 33,143.00
Februarq 1974 33,143.00 February 1978 33,143.00
February _ 1975 33,143.00
and t~ pay interest an the unpaid p~rt of the principel t~ereof from the
date hereof ~at the rate of 796 per annum, payable on the ?Z"`''` dey of
Februery, 1971, and annually thereafter. The prit:cipai F~'e
of end
interest hereon are peyabLe at Bank of Palm Beech end Truat C~mpany,
40 Cocoanut Ro~, Palm Beach, FLorida. ~ .
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j In the event of the cvnEinuation of any default in the payment of any
I installment of the principal ttiereof or intereat hereon for a period of
thirty deys, the holder hereof may elect to declare and declare the
entire unpaid amount hereof, and the interest then accrued. iamediately
due and payable.
~ The ~.ekera hereof further a: ree to waive demend, notice of non-peyment
~ and proteat, and in case suit shell be brought f or the colleation hereof ,
flr it ie necessery t~ plaee the eame in th,e hands of a~ attorney for
~ colleetion, to pey reasonable etturney's feea for making such collection.
Deferred intere8t paynenta shall beer interest from maturity et the rete ,
~ ~f LO per cent per ennusa, payoble aemi-annually.
~
~ Thia note is aecured by e purchase money mortgabe of even date. '
~
~ Nv personal liability shall attach to the mekers hereof.
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