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} ~o ~ue and to ~ioid Ihe some, together with the ieruin~nb. hereditset~nts and appwte-
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( nnnces fhe?eto 6elonging, ond t1~e rents, issues and projit: the~eo(. unlo Ihe rno?tgcgs~, in fes aimple. ~
~ n1l{~ the morfgagor covenants wifti fha mortgagee lhnt ihe mwtgogor is indej~t6lr a~iztc~ oJ said ~
~nnc~ in ~ee simp~e: fhnt the mo?fgagor has good right and ~aw~u~ nuthoril7? fo rnnvep said ~and ni njort- `
~ said: t1~at the mortgagor wi~~ make aucl~ (urther assurnnnt to pe?~~cf t~e ~s~ simp~e lil~e to said ~nnd t~ tk~ j
mor~yngee as may ?ewonn6ly 6e required; thnt Ihs mortgagor h..ebr ~ully wananta tl~e title to ~aid land ~
i~ and u~ill de/end the same agninat t1~e law(ul claims o~ oll penons whomaoever: and fhat said Innd is f
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`I and clenr o/ all encumbronces excepting Taxes for the year 1972 but suk~ject to the ;
f! aforesaid tez~s, covenants, ayreer,tients, obZigations and provisions of said ~
i~eclaration of Condor~ini:un, which~'brt9a9ors in all tnings, jointly and severally, ~
do covenant to htortgagee faithfully to observe and to ~~erform; ~
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~ ~~V~ ~~s~ ltiat i~ aaid mortgagor sholl pny unto snid mortgagee the certuin p?omu- i
sory note hereinn(te~ substanfin~~y copiec~ or ic~enti~iec~, to-wil: t
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Janur~r~~ ''R , , 19~' '
~ s F ~ (l ~ '32 Stua~t, Florida,_
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~ For value reoeived, t, we, or eithe~ of us jo~ntly and severally promise to pay in lawful money of the United States of
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~ ~ America to the order of FIRST NATIONAL BANK AND TRUST CAMPANY OF STUART at its office in th:s city the principal
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~ ~ ''I'' ~~':~L.~~~"z~ TT'~, I~L;:i~As''~ cIX i!'J Dollars
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~ sum of ' " ' ~1
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~ ~ togsther with intenst from date at the r~» of 7~psr oentum per ~nnum on the unpaid b+lsnu until paid, said principal and interest to be payabls as ~
~ y EIGjiTY :~I~: 12:7 13~1~'J ~ ~''F•1° ) ~nclud' ~nterest, on tht ~
~ follows: M mwuhly installm~nb of '^9 ~
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~ - gttil da ^
~ ; 28t~1 d~y of eath month begimm~g on the ~ • _ Y cf -----rP~L.'1d~~'- - - - - . 19 ~
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~ ~ ?stth d. _ ,
~ ~ and continuirg a+ th~ y of each and tvery mo~rh fhereaf»r u~til the Z8ti2 day of Jznuar;' .
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~ 19 v n, on which said dats tha cnt~re batance of princ~pal and inM*est then unpa~d shall become due and pay~ble. Each paymem is ro be appl[ed
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ti t~r:r ro~merest and the b~lsnce to principal. In case s+id instalimenq, O~ ~ny Of tFflm, are not pa~d wi~h~n 15 days after r'ne same becon+e dve, the whok ~
~ of said principal and interest sum shall fwthwitfi b~come due and payabk st the option o1 ~t+e holder of this nore.
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~ ~ We, the makcn, sureties, endwsers and g~arsntws of this note, iiereby severs~ly waive presentmem for payment, notice of non-paym.ent, ptotest and T
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~ ~ notica of prot~st, ~r+d d~ligence of brin~~n9 tuit ay~inst ~ny pxty tF~to, ~nd consenr ~har tfine of payment may be e.~ended w:rhou~ nor~ce rhereof to E
; any of tM sweti~s of this nob. . '
~ Now, ~hould it be netsuary ro collect this note tFwo~gh sn atton+ay, each of us, whethe? maker, swety w endorxr on rhis note, hercby ~gree to pay
~ ~ •11 coats of s~id ootlection, includinp a r~awnable anor~/i fee.
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~ Sa~d bank a Iwreby ~xp.sssly autiwrized to .et~~n sny y~ntr+~ a sp~cial depos~f, coll~teral, real or personal sewr~tv, or the proceeds rhereof, belong- :
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~ ing to either of us, rww w hereaft~r in tM pouession oi it during tht time rhis ~+o?e rema~ns unpaid, and befwe w af~v marurity hereof may app~y the i
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1 s~rr» to this a~ny otF+er d~bt or liabiliti~s of ~itF+er of us lo said bank, dw or to become due Given u~+der the hand and wal of eacl, pa~ty. :
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_ ~ s Robert J. Philli s ~
1 P. O ~ ~ - p -------(Seal) :
_ ~ !?o?~^rt .T , i 11 i ns ~
~ l / Phillips ~
s Alice M. ~~a~~
_ No Due_ ATt co . i t 1-1 _ - - - - - -
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