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~o ~ue and to ~otd the same, together with tht ianome+~.~, f..nira~i~w~~a~~ts ur~d ~;~;~:ria-
nances Ihe?efo be~onging, ancj !he rents, issues and prolifs f~ereo`, unto fhe mortgage~. In Jee simp~s.
n1~ fhe mortgagor covenants wifh fhe mortgagee fl~nt fhe morlgngo~ is inde(easi6~~r ieized o~ said
Innd in Jee simple; tl~at the mo?tgagor has 9ood right and law~ul authorily to conuey said lnnd aa njore- ;
said: that tl~e mortgagor will make :uch )uMhe~ assumncea fo pe?lect the /ee simple titlt to ~nid Iand in th~ ~
mortgagee as may reasona6ly bs required; tl?at fke mortgagor h~reby Jully wnrmnb the title to said land ~
I and will deJend tlie same against the lawJul claims of all pe~ona wl~omsoeve~; and tkat sa~d !a?~d u Jree ~
nnd clenr o/ all encum6.ances , exceptinq taxes for the year 1972 but subject to the ;
aforesaid terms, covenants, aqreeaients, obligations and provisions of said 1
Declaration of Condominium, which Mortgaqors in all thinqs, jointly and severally,
do covenant to Mortgagee faithfully to observe and to perform;
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~~VI~1~ ~L~W~s~ t{~at i~ snid mortgngor ahall pny unto said moMgages ttie certnin promu-
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~ sory note hereina(ter su6stanfia~~y copie~ or identifiec~, to-u~it: _
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r~ 8612.40 STUAAT. F~o:;aa. December l, ~y 72
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FOR VALUE AECEIVED, ths undersigned, jointly and s~~~rally. PROMISE TO PAY !o fhs order ot ..AQUd-Ra_~. In.e..._
. . . . . _ . . . - - . _ . . -
i~ Eight_.thousand__six_.hundred_..twelve._.do_~.1a7rs....ans~...~.ortX.._.cer~t,s nor.LAas,
~ a~ ...Jensen Beach_, Florida . .........o: ~ach oib.r p~a~. as !h~ holder
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~y~ hereot m~t designai~ in ~rrifiaq, logeih~r wilh inter~si irom date al ih~ s~te ot pfr cenium per anaum on ih~ uapaid
balanc~ until maturiiY. Th~ said priacipal and interes! shsll b~ due and payable as tollovvs:
$143.54 a month, the first payment being due one month from date and
continuinq for each month thereafter until paid. The undersigned has
the :ight to prepay this loan in full and obtain a refund of the unearned. `
nortion of the finance charge computed under the "Sum of the Digits" f
i?.~ method, Annual Percentage Rate 11.75. ;
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~ it def.~i•It be madr lor da s in tbe
f . r papeent of ~nr installment o( Principal or intrrest or anr part thereof, the ~rSole wm Ihen temaiain~
~ ~inpaid ..itA interest ahall at 6+Iders option become du~ aed pay~ble ~rilhout wotice. Failure to e:ercis~ suc6 oplion s6~11 not conslitule a rai~er ~f tF~t
{ n~hi to e*erd~e the sune in Ihe e~cat ot subsequest dt(ault A(ter matu?itr Sot6 principal aad accrued inl~rest shall beu interest at , per centum
i i~ per annum unlil paid. The m~4en and eadorser~ 01 tAis nob turther ~rai~e demand, ¦otice o( noo-Parmewt and protest. If tbis eot~ is not pai~ at
~ ma!unty and tAe sarne i~ placed wilA as attorser lor eolketioa, t6~ ~aker~ •nJ eadorren hereot a~re~ lo Nr all cosb o( coO~ctloa, iecludte~ •11 twrt
~ cost• and reuonabb ~ttotwqr Ite~.
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