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~o ~iaue and to ~{oId ,
t~~~ snmP, 1u,yetl~p? u~ifh f{ie tN~~ements. her~~Iilaments an~ upp~ule i
~ianrrs f~u~?rfu ~~~~~w~,ryin~~. ~n~~ I~u• ri~nfs. issu~•s ~n~ prolifs Itier~o(. unlo 1~~~ mortgayee. in ~Pe simp~r. !
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l~n~ 1~~~ murfgaqor co~~~~nanls u~ilh I~~P mo?fga,yep f~~af fhe morl,yagu~ is iri<~e(easi~ly sPizet~ o~ suic~ '
~an~~ in Ji~p simp~~~: 1~~af I~i~ morlgn~or ~as {~ou<l ?ig~t anc~ ~aw~ul aut~orily fo conney sai~ ~anc~ as ajo?e i
+i snid; Il~at ih~ murf~~ac~or trill ma~e sucl~ ju?11~~r as~urances to pe~/ec1 the ~ fee simple title to said lond in t~e ~
mort~~~,ye~ ~s muy reasona~ly E~e rPquire~~; I~~al Ijie morfgaflor hereE~y ~ully u~arrants ftie fif~P lo said land ~
(1111~ U'll~ IIP k'III~ ~~IP Sd?IlP Q Ql/1S~ ~~IP ~AU' pI claims O' a~~ !
j g / pprsor~s wl~omsore~er; and 1{~0l said lond is f ree
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an~l cl~a? c~ all rncumhrances except taxes accnning subsequent to December 31, 1972, ~
and mortgageffrom Robert F. McRoberts, Jr. , individually and as Trustee to !
Anzac of Florida, Inc., dated August 25, 1969, filed in O.R.Book 179, page 1497, !
St . Lucie County , F2orida, public records , said mortgage mortgagor herein assumes
fj and expressly agrees to pay. '
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~rouided ~tways~ f~~at i( sai~I morlgagot s~ia~~ pay unfo sai~~ morfgagee f~e fP/Iq1?1 promis
' cor~• not~~ hen•inn~f~r .ul~stnnfinll~ copie~~l or i~1e~?~lifi~~, lo irit:
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$ 315, 804 . 29 PRO\~IISSORY NOTE Florida !
~ ' December ~ f 1972 ~
FOK V~'1LUE RECEIVED, the undersigned, jointly and severally, PROlt1ISE TO PAY
to the arder of ROBERT F. McROBER.TS ,:TR Trustee
Three Hundred & fifteen Thousand, Ei~ht Hundred & Four & 29/100 DOLLAR.S
at Post O. Dra~ver 6, Stuart , Fla . 33494 or such other place as the~holder hereof
may designate in writing, together with interest from date at the rate of 7.5 0
per annum on the unpaid balance until maturity . The said principal and interest
shall be due and payable as follo~vs: .
, Four (4) equal consecutive annual installments of $63,160.85 and one (1) annual
installment of $63,160. 89 principal plus interest on the unpaid principat ba2ance,
commencing one (1) year from date and continuing on the same day each year
,i thereafter until principal and accrued interest shali be paid in full. -
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Right of prepayment in ~vho!e or in part at any time without penalty, on or a:ter '
January lst, following the year of closing is expressly reserved.
If default be made for 30 days in the payment of any installment of principal
~ or interest or any part thereof, the whole sum then remaining unpaid tvith interest
; shall at holder's option become due and payable without notice. Failure to exercise
~ such option shall not constitute a waiver of the right to exercise the same in the
event of subsequent default. After maturity both principal and accrued interest
shall bear interest at -10- $ per annum until paid. The makers and endorsers
o~ this note further ~vaive demand, notice of non-payment and protest. If this note
is nat paid at maturity and the- same is placed with an attorney for collection, the
~ znakers and endorsers hereof agree to pay alI CUS~.S ui C;3iie~.iivii, iiii.iiit~i7;~ 3~2 _
~ court costs and reasonable attorney fees .
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~ T!~e maker herein shall have no personal liability under this note in the event
g o: default and payee herein shall look to the land encumbered by mortgage of
~ :~e same date, ~vhich is security herefor, for recovery.
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; O R f~~ N1. T. Cueto, Trustee -
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