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+ ~o ~aue and to ~lold Ihe sam~~. I~~;~r~hrr u~if~~ 1~~r trnemrnts. hereclilaments anc~ oppu~l~ I
na?~c•~~s f~u•n~ti~ ~~~~i~n~~in~~. AIH~ IIIP M/IIS. issur$ ant~ p~u~ih I~~Pr~o~. unfo 1~~e ietorlflagea~. in ~P~ timp~p.
. nl{~ I~~r morf~~~yor ruo~~uanls u~ilh ttie mo~l{~agc~e I~AI IhP neorfg~go? ts tnde~PaS1~~V SP12~7 0~ said
ii land in ~er simpl~~: 11~~~ 11iP morl~n~~or has ~ou.1 ri~I~t' anrl Iau~~ul authorily !o rnnvey snid la?id w a)orr-
M i said; that th~ morf~a{~or u~i11 ma~re surh Iurll~rr assurn~ces to ~x+r/ect the jee simple titls ta said l4nd in ttie _
~ murff~o~i~~ ~s moy r~asuna~~~y he rtK~uirptl; I~af 1{ie morfgagor here6y ~u~~y wwrnnfs ttie lil~w fo said land
aud u~ill dr~rn~I fl~n sam~ af~ainsf Ih~ ~a~afu~ i•Iaims o~ a~~ penoru wltomsoever: oncr ll~at :a~d Innd t~
nn~~ r~~~~r o~ a~~ rra•um~~ranc~~s '
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; ~rou~ded ~tways~ that ij saicl morfgagor shall pny unto saic~ mortgagee the cerfain promis- -s
~ p'ed or iclenfi iPd. to-u?it:
~ cory note Iter~ina(fer su ~sf~nlially co ~
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$ 2~ OQO . 00 Fort Pierce. Florida June J~1 19-~1 ~
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FOK ~'ALUE RECEIVED~ the undersigned. jointly and severally, promise to pay to the order of
VELMA E. COKER
TWO THOUSAND kND 00/100THS ----------------------------------------DOLLARS,
at Fort Pierce , Florida or such other place as ~
the holder hereof may designate in writing, together with interest from daLe at the rate of 8x
per centum per annum. on the unpaid balance until maturity. The said principal and interest ahall be
due and payable 8s fol2ows:
; Interest will be payable quarterly at the rate of 8x per annum, and the ;
I~ principal ~rill be payable quarterly at the rate of $200.00 a quarter,
I ur.til the principal amount of this note is repaid~in full. The maker
nereof shall have the privilege of prepayment without penalty. The
;irst installment shall be due on the 27th day of August • , 1971.
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If default be made for ~o dass in the payment of any installment of principal or interest or
~~~}y part thereof, the whole sum then remaining unpaid with interest shall at holder's option become ~
d,~e and payable without notice. Failura to exercise such ~ption ~shall not constitute a waiver of the #
ri~ht to exercise the same in the event of aubsequent default. After maturity both principal and accur-
~ ed interest shall bear interest at _$_per centum per annum until paid. The makers and endorsers ~
t}?is nute further waive demand, notice of non-payment and protest. If this note ia not paid at matur-
ity and the aame is placed with an attorney for collection, the makera and endoraers hereof agree to pay
all coats of collection, includinQ all court costa and reaso able aftorney fees. ;
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b~ _ Dennis S. Summerlin (SEAL) ~
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