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~o ~ue nnd to ~ictd the sume, iogether wit~ the t'enements, I?er~c~itnment~ and appurte-
1 nancps ttierelo f~e~ongi~~g, mic~ Ihe renta, issuea an~ prof if~ therto~, unto ftie morigoge~, in f
ee aJmp~e.
~1114 the mo?tgagor covena~ls with tl~e mortgageo Ihat tk~ mortgago~ is 1ru~~fea,ib~r seizec~ of anic~
land in /ee simple: that the rnortgagor hm good rigl?t antl Iaw(uI nuthority to cortvey ,nid Ia,~d ~s a~un-
said; ltint Ihe mortgagor u~il[ nw~s aucl~ jur~he~ nssurances to pt~ect tha ~es a~mp~ tttjt to inid Iand ~n tht
mortga9ee as may reasonably be requirod; that tl?~ mortgagor htreby ~ul~y warrunb the tttls Io satd land ~
and will de(end Ihe same agairut the Iaw/uI clQinu o/ alI peno?~ whoinsoeusr: and that ~oid lnnd is ~ne ~
and clear o/ aII encumbnances
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' ~ ~~V~ ~UW~s i{?at i sai mort a or shall
s i ~ ~ c~ g g poy unto said mortgagse the ce~fnin promis-
£ ~ aory note hereinn(ter substa,~ttally copiec~ or identi(ied, to-wit: '
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~ ~QO 00 Ft. Pierce October 1 971
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: FOR VALUf RECEIVED IM wwd~si~ promises ro par to 1he wde. ot
GORFIAM COI~TSTRUCT~ON COI?~ANY' S EMPLOYEES PROFIT SHARING TRUST
. . . . .
T
~ a,,,~,~~ ~ ONE THOUSADID SIX HUNDRED AND NO/100
~ . - ao~~a,~ !s 1, 600 . 00
.
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' to9erher w~th int~resl fherew~ hom da1e, at the rate Nine ~ 9$ ~
? . . ..................Pe? CMf, per _ . unfJ tnaluntY. sa:d ~nfc7etl
be~ny na.~+e See.. Be.ioc~b~ the day o? . and -
= each year, both principal snd inte~esr being payable m lawfu~ money ol fhe U~iled Sfares or ~ts equiva;ent, at pOSt Offiee BOX 6~
~
= Fort Pierce, Florida ~,d ~,~~~~pol wm to be pay.,ble on rhe dates and ~n the amounts spec~f~ed be?ow, ro-wrt
_
- ; The sum of $1,600.00 being payable in five years,
- at 9$ interest, in payments of rr. per month,
commencing on the ~ sr day of Nn~:~ ry, ,Z ,1972, and
~ a like amount on the ~~.ST_. .day of each month thereafter
until said sum is paid in full.
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~ Fach maler and ende,ser s~ve,illr ws;ves d~nsnd, prdsst and nW,te d mshRity. r,on-parn,.,,~ pa~s! and aN requ;~ar?enrs n~c~ssary to iald each o1
lhem LaWe as makers and endorse~s
fach maier and endwsr furihe. a9re~s. ~antiy snd severiiiy. to pay sil costs of colkcrion, inc{uef,ny a r~ssonabl~ ~rya„~Y i i~t i~ nse the pr~nc~pal ol
th~s note or anY Darment on th~ pnnapal w any imarrs~ thereon is nw pa~d at Ihe rsspsce,v~ ,~urdy th~~of, o, in cas~ ~t becomes ~csssary lo praecl the
~ xcu.~ty hereof, whNhar wd be bow,~h~ w ~a 9$
; Th~s nele and deferred mlerest menf sha!! bsar interest sl Ihe rale al. ...per cenl, per annym from matwity ~~rHl pa~d.
s~''c~ons.~„
iMs note ~s secured bY a Iyeg~ d evM da~e herew~th snd is 1o be construsd an~ enlo?csd accwd~~y fo It~e iaws ol the SIa1e uf Fbr~da:
= upo~ defauk in the peyrnenf d pr~ncipal a~dfor inf~r~st due on sny note secured by saed Marf9aqr, all nWes so _<ecur~ an ~rn~ u
; bBCOme due aed notwi~tt rty fMi? I~nor ~9 ~pard shall ?orlhw,th
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