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~ ~0 ~~e ~ t~ i~~e same, to~elher u~ifh the ~nements, herec~itamenls and oppurfe-
~i0~d
I nanc•es i~ernto ~~~~unyi~~g. ~~+il t'+e r.~r~ts, issues Uftc~ pto~its t~iereol, unfo 1{~p mortgageo. in ~'e simpjp.
( ~nd th~ morlgagor covenanis u~ifh fhe mortga9ee that Ihe mort9ago~ is Inde~e~t6ly seized oj satd
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!I (and in Jee simpl~: Ihat the mort9nyor has good right and lawf ul authonty to convey ~a~d land ns ajoro-
said: ~hat ~hp morlflagor u~ill make sucl~ f urther assumnces to per~pct the (ee simple title to said Innd in the
( ~ morf~a~ee as may reasonn6ly be required: tha! the mortgago~ he?e6y (ully wnrrants the tille to said land
~ an~~ u~i~l defend the sante againsl fhe ~awf u~ cloims o( aII perJOns whomsoeve~; ancl that satd l~nd ~ J?ee
and clear o/ all encum6rances
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' ~rouided ~ltways, t~~af i~ said mortgngor shall pay unto saic~ mortgngee fhe certain promia-
~ sory note {~ereino~ler su6stantially copiec~ or iclenti~ietl. ~o-wit:
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42,600.00 Fo~c ~ud~„da1~, ~1~.; December 29, 1972
For value received, I, we, or either oE us, promise to pay, in L1wfu1 money of the United Stata of America, to the order of
' -------------------JOHN W. DOUGLASS--------------------------------------
at 3~1 East T,1S OZa.S Boulevard in Fort Lauderdalq Ftorida, the priacipal sum of
FORTY T;~IO THOUSAND SIX HUNDRED AND NO/100 ~n
ins a en a es .
~~~th interest at the rate of~~~per cent per annum fro~ date 8ayable ,?L~~ O Y' T!C 'I'he said
p~~i~l S~ shall be payable in six ;~~ena of Seventy-One Hundred and No/l00
Doilan 7 10 0. 0 0) commencing on thP 15 t~t~y oF P4ay 19~y and continuing on the 1 S t ~y
of each ~~=h thereaftec until the piincipal and interest are fully paid. AIl pay~ooents shall be applied first to interest.
~ Prepayment of principa~_may be made in whole or in part at any tin~e or
i times without penalty; principal prepayments shall apply on the next
; principal installment due.
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~ ia case said imbllmenb. or anr of tLem2 are aot paid wi+~+~ S1Xty ~ days aftet tb~ same becam~ dne, tb~ wrLois of said prinapal mm shaII fotthwit6
~ become due aed parable at tbe optioo oF t6e holdv of tbis note.
\OW. should it beoome necesw~ to oollect tLis note tLronah aa aKOmer eitber of w. wbetber makcr. snrNy or indorscr ou tLis note. DerebY agRe
~ W pay aU cosb of sucL oollection, includinn~ reaaooable attorneys' fees_ Atil malcen, indorsen and other P~+~s lia61e hereoa sererally wxivr presentmmy
~ protat and notice of disLooor, and oontent that time of parmmt may be e~mded witLwt notice tLereof. 1'Le makm ~nd indo~scn bereof do brreby certifr.
agree and aclmoM)edge tLat tLe debt evidenced Lerebr is a valid and wb~istinx debt; t~at this promissory note is • valid ne~otiable instrumer.t, that tLe
,`a`, maken aud indarxn bercof ba~s oo defeme a~aiest tDe enforcemrnt ot the same, aad that .nr oo~rt n~,~` ~,a;~noo, vr9thout inteaseatioo of a jury.
upon a uwtios fot sammary jnd~aent, ma~ dete~mine ~nd adiudiate all sumt of ~oe hece~mder~G~udin= bnt not limited to principdil, ioterest~
~ reasouabl~ ~too~aeys' fea, liti;atioo owts aad other eiyessd. /
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~ `ABRAHAM I. KANT
~ ~ r.,- ~ N- , ~ r -~"-~y - rg~~
~ JEANETTE KANTOR
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~ EccK209 PACE1441
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