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~o ~tave ~nd to ~iold ftie same, together with Ihe tenemanta, hereditamenls and uppurte-
nances thereto ~e~onging, and f~e ~ents, issues anc~ pro~ifs t~iereo~, unlo the morfgagee. tn ~e~ aimple.
I the mort a or couenants with tl?e mortgagee that the mortgngor is indejeaaibly ~eized of said
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I~ land in /ee simple; thnt fhe mortgagor has good rtgl~t and law~ul nuthority to rnnvey :a~d lw~d as o%re-
! said; that the mortgago~ will make such Jurtl~er assu?ances to per/ect the ~ee simple Hfle to said Iand in th~ ~
~ morl~agee as may reasona6ly be ?equired: thai 11?e mortgagor here6y f ully war~ants the tttle to suid land ~
1 and will de~end ihe same ngainst tl~e law/ul clairru o~ all persons whomsoe~er; and ihat satd land ta /ree ~
~ and clear o( all encum6ronces exceptinq taxes for the year 1972; but, subject t~ the ~
aforesaid terms, covenants, agreements, obliqations and provisions of said
I Declaration of Condominium which Nortgagor in all things dces covenant to ,
Nortgagee faithfully to observe and perform; ?
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, ~rou~dcd ~ltways, Ihat i~ snicl mortgagor shnll pny unto said mottgngee f{~e certuin promia- s
~ sory note ~ereina~ter su6stnnfially copiec~ or identi~iecj, to-wit: ~
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' 4, 200. 00 Stuart, Florida ~tober lOth , 19~2
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J~ For va~ue ~eceived, i, we, or either of us jomtly and severally promise to pay in lawful money of the United States of
~ America to the order of FIRST NATIONAL BANK AND TRUST CAMPANY OF STUART at its office in this city the principal
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' FOJR THOUSAND TWO HWDRED AND NO/100---------------°---~--~-----
s~m of __~"-"""Dollars ~
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togother with intenit from d~f~ at tF» ub of 8_ p~r antum p~r a~num on t1+~ uop+id bal+nu until-paid, t~id priocipal ~nd intertst ro b~ p~y~bb ~s ~
EIGHTY FIVE AND 17/100 DOLLARS 85.17
foltows: In monthly i~tallrrNnts of includinp inbr~sf, on fh~ ~
! lOt:? • lOth _ November ~
i - ~ day of ~ach month bepimm~p on th~ - - ~y °f 19 72_ :
; ' +
t , .
~ . da of ~
E ' a~d continuinp on tFw lOt(l_ day of each and ~very month thereah~r unti~ the ----•lOfi.tl y OCtQber_-_._~__ , }
~ ! 19 , on which taid d~t~ the entire bslance of printipal ~nd interett then unpaid sh~ll become dw ~nd psy~ble. E~ch payment ii to be applied ~
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f~r:t to interest and the balar?ce ro prinapal. In case stid inst+llments, o~ ~nY of them, are not paid within 15 days after ths s~~rw b~corm dus, ttr wlab ,
~ ; of s~id princip~l and interest svm shall forthwith becan~ dw ~nd p+y+bl~ ~t the option of th~ holder of thi~ not~. {
We. tne maken, sureties, endorteri and yueranton of this note, hereby ssver~lly waive presentment fo~ payment, notite of non-p~ymsnt, protest Md ~
` notice oi protest, and diligence of brinyiny wit p~intt ~ny puty tiwnto, u~d consent that tim~ of p~ym~nt may b~ extend~d without ratic~ tbereof to
~ any of tM •uret~e~ of thii not~.
Now, shouid it be neccsssry to coltect thic note through an attwney, ~~ch of us, whather m~ker, svnry or endortsr on this note, Mr~by pre~ to p~y
; al~ costs of sald colleaion, indudiop • reato~+ble dtanq/~ fee. '
` Said bank u hereby ~xp~essly authaiz~d to ret~in any p~n~rd w~pecial deposit, oollater+l, real or personal ucurity, a ths procceds tMreof, b~lorq-
~ ~np to e;fher of us, now w hereaher in tM pouession of it during tM tims tF~i~ note remains unp~id, and before or after m~turify hereof m+y ~pply th~
~ , a~me to ihis w~ny otMr d~bt w li~bilitip of ~ith~r of us a a~id bank, dw or to becorr» dw. Giwn vnd~r th~ iund and ~al of ~ach party.
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~ • ppqUnCntary Stam;:s ~
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~ftxed original note ~
~ P. O and cancel?ed ' _ (Seal)
W . T . MULIAY
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No. Due ~
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RTCIK~~. ~ (Seal)
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