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~o ~iaue nnd to ~iotd l~~e same, foyell~er wilh fhe fenemenV. ~?erec~itamenit and appurfe-
~ nances Ihereto ~~~~onginfl, un~ fhe rents, issues ana prolils fhereo~, unfo Ihe morlgogee, in jee~~simple.
I` the mort a o~ c~venants u~ith the mo?tgagee that tl?e mortgagor is inc~efewi6ly seized of said
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II land in Jee simple: Ihat !he mo~Igagor I~as good ~ight nnd law)ul authority to convey said land w aJore-
saic~: fl~a! 1~~e morlgagor wi~~ make suc~ ~urlhe~ assurances to per(ect f{~e fee simp~e lit~e to said ~nnd in the
~ mort~aAee ns may reasona6ly 6e required; that the mortgagor here6x ~ully warrants the lille to said land
~ and u~ill de(end the same against the law)ul claims o) all penons whomsoever: and tF~at said land is (ree ~
~ f ear 1973• but sub'ect to the
and clpar o( all encumbrances, excepting taxes or the y . , ]
aforesaid terms, covenants, agreements, obligations and provisions of said
Declaration of Condomimium which Mortgagor in all things does covenant to
Mortgagee faithfully to observe and perform;
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~r~u~ded ~llways, that i j said mortgagor shall pay unto said mortgagee the certain promis-
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~ sory note ~ereinofter substantially copiec~ or identi~ietj, to-wit:
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S,. 4. 5 5 a. 0 0 . Stuart, Florida ~uly 24, ~ ~ 9 7 3 f
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For value ~eceived, I, we, or either of us jointly and severaily promise to pay in lawful money of the United States of
America to the o~der of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this city the principal
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i sum of EaiIR T13atIS.Ai1iII.~ ~1~II---..--_-----.---..--~--_--~-.--t-Dallars
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~ ~ toq~ther with interost from dat~ at tM rar~ of ._8. p~r wntvn+ pN sro?wn an tF» unpaid balse~u until paid, said p?incipal and i~tenst to b~ pay~bb ss
~ ; NINETY-TWO AND 27 100 92_.27
~ follaws: tn monthly imtsllmN?b of including intMSSt, on th~
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~ ~ _ 2~th,: d.y oF .«ti ~,w+~+ ~N,~,~~y _24th_~ a~r of August { ~q__Z3_
~ y and contiovin~ oo tM _ 24~1 day ot e~d+ a+d ~wry n+a+th tMn~fte~ until th~ _ 24~1 - d~Y of --.7Uly ~
~ S 19.---?.$ on which saw! da1~ tFw eMin balanu of princip~l a~d inMrast the~ ~npaid shall beco~n~ due and payabl~_ Each p~yrrKnt is ro be appli~d
~ ~ finf to interest snd th~ balana to principal. In cas~ said irutallmsnb, a ~ny of them, aro not paid within 15 d~ys sRe~ the sams b~con» dus, tl» whol~
~ ~ of said pri~cipat and int~rpt sum shall forthwith b~cort» dw ~nd payaM~ at th~ option of the holder of this no~~.
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~ We, the maken, swetiy, endoroen and gusr~nlon of this rab, hereby seve~ally waive pres~ntment fw payman?, notice of nor~parmsn?, protssf u+d
~ noriq of prote~r, and dilig~nn of bringing suit against anr parry tMnto, and conse~r that r~m~ of payment may be extended w~rhou~ not~cs ti+ereof to
~ } any of tFr sunti~s oi thia not~.
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~ 1 Now, should it b~ ~r to coll~ct this ratr tMough sn attanay, e~ch of us, whetMr msk~r, sur~ry or endas~r on this note, Fwtbp sgrM to pay
r aIl oosd oi said odl~ction, including a nawn+ble mornr~/s fN.
~ ~ Said bsnk is h~reby exprtstly wthaized fo ret~in any g~neral or sp~asl deposit, oollateral, real or perso~sl security, or tM proceeds thsreof, belong-
~ ~ ing to ~ithsr of us, now w hereahN in Ih~ poss~uion of it during the time this noro remains unpa~d, and before o? after maturity hereof may apply tM
sa++» to this a ~ny ot}wr d~bt or li~biliti~s of eitl+er of vs to said bank, dw w to b~con» dw. Giwn und~r the hand and u+l of esch party.
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P.O -~/Yr~' (Seal)
W. HENDRIX
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~ No Due , I RENE C. HENDRI X ~a~~ j
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