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~0 ~ ~ ~ !k• :ant. lop.t~~r wtth ek• i~~i?f~ ~dilup+a~~/ a?~ aPPurtt-
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nanees tl~srefo belonging. and tl~e renls. l~tuas and profilt tl~aro~. unto ftit moMpaa~+. !n ~N +t^~P~. ,
~ fhs morfgagor cownanb urifti fke n~orlpop~+ t~wt tko mortQapor ia ind~J.~+6lr ,.~:.d o~ wid
(ond tn ~se simp~e: that ihe mortgnpor kas good rip~t a?tc~ ~au~~t~ autkoritp to conoh sai~ ~and a+ n~a+'~-
satd: that the niortgago~ W~il maT~• .~ch (~,rtk.r a,swwnc.s to ~u/~ct tk. (N ~lmPl~ fif1~ fo iaid land in tkt
moNgagee as may ~o~bir 6..wut~d: t~at t~ mortgapo? ~by ~uuy wan~snV th~ titte to said land
und wi!! de~end the same agalna! th~ Iawful clai-~+s of au ptrso~a wl?cmaotve~: w~d dat said lar~d t~ f?+~ ;
and ~1~. oJ all encumb~nnces ~ excepting taxes for the vear 1973 but subiect ;
to the aforesaid terms, covenants, aAreements,~obligations and
~ provisions of said Declaration.of Condominium, which !?1ortRa~ors
in all thin~s, iointlv and severally do covenant to Mort~a~ee
f.~tith~ully to observe and to rerform;
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~rQV~ ~s~ that ij said mo?t9~or ,I~U ~xir w~to ~td mo,t9~e. the certuin promis-
sory note hereinafter subatantially eopiec~ or icjenti~ied. !o-u~tt:
_ _~v~.__=...~._..~i-~-_~__ _ .._-x-_~v~.._...._
, . ~r_~ 2QQ •-00 STUART. Florida. .....~c~T..Ckl....~.~.~....................... 19.--•~.~..
t FOR VALUS RECEIVED, the undersigned, joinflY and se~erallp, PAOMISE TO PlIY !o !hs ord~r oi
Jensen Beach Bank a Florida Banking..Go7~RQXa~i~S?3~........--•_
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~ ~ ~Q•-•••••--•-•--.._ DOLLARS
~ ;'i Four thousand ~wo._.hu~~~~d_-.-.--.-.-.-_- Q~l]. .
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, a= -~-Jensen.. Beach,~_ ~F~.Q~'~dd ........._......__..................................or such oib.: p~ac• as ib• bo~der
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hereof maT designsl~ ia writing, top~fh~r with inter~s! from dal~ a! t~ :st~ of .1~...per centum p~: annupn on Z~f! YOpi~
11 balanc~ uniil matarilT. T6~ said ptiacipal aad int~res! shall M due and paYabl~ as foUo~rs: ,
'i $89.24 a month, the first payment being due one month from date, and
i~ continuing for each-manth thereafter until paid. This sum of $89.24
~~i paid each month shall first be credited to interest and the remainder
to the principal of this obligation. This note will be comple tely paid
`f~ with sixty t60) payments of $89.24, unless sooner prepaid. This note
rnay be prepaid at any time without penalty. Annual percentage rate 1096.
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1f detauit bs rnade (er da~s ie t~e va~eat ot ~ep iastallmenl ot Princip~i or (nterest o? anr oart •thereol, !6~ ~hole su- t6~n remaiwin~
unpaid ~itb interest •I.al! ~t 6elder ~ option recome dw awA Parable ~rit6out ~otice. Failure to e:crcist suc6 optioa sh~ll net constitute a waiter ~f tl~e
ri~ht to exercise t6e wne ia the e~s~t ~f subseauewt Je(ault A(ter wturit~ bot6 principal and accrued int~rest s6a11 be~r i~lerest ~t _ Per centum
~ ~ per annum uwt:l Psid. Tbe o~aken ~wd e~aersers ot ihia aob turth~r .r~i~e aemaad, aetice o( ~IOA-~~~1lA~ and protest. If t6is sot~ is wet aid at
matur:tr ~d tse iame ta Placed ~rilh ap attNN~ IK NUKtJN, t6~ e~k~rs ~w~ mdorser~ Mno( aire~ t~ pr dl ewt~ ~f eelbctia, ~CIYd111t ~11 cwrt
~l co~t• •nA rNSOUbI~ ~iten~ep tes~.
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i~ W LLIAM 8.
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• . . . . • ........ISEALI ,
ii MARY M. NEWNAM
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aooK ~~2 P~ 2199