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~o ~taue and to ~iotd tfie snme, fogeif~er u ilh fhe fenemenls, hereditantents end appe~rte-
~i nances Iherelo ~~e~on,yin~, an~ t~~e rents, issups an~ pro(ifs I~~ereo(, unfo fhe morfgagee, in JPP sim~fle.
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!he morfgn~or covenanfs u~uh ehp mortgagee ll~al tlte morlgagor is inde~eati6ly seized o/ said
i~ lan~{ in (ee simp~e; f~~at t~~e mortgagor has goocj rig~t and law~u~ aut~orily fo convey ~atd ~a?~d at ajore-
;j said: tl~at ~he mort~Qyor u~ill make sur{e /urther assumnces to perjpct the /ee simple title Io snid Iand in tke
morfc~ngee as mey reasonably be requirecl; ihat fhe morlgngor he~eby /u~ly warranf~ !he fit~e to said land
and u~il! Je(prid the same against fhe law(u! clnims o~ all penons whomaoever; and that Ja~d [o~d is ~?ee
i) and rlpar o/ all encumbrances, excepting taxes for the year 1973; but, subject to the
aforesaid terms, covenants, agreeinents, obliqations and provisions of said $e-
claration of Condominium whiah Mortgagor in all things does covenant to Mortqagee
faithfully to observe and perform;
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1 ~~V~~ Ti~W~ys~ that i~ said mortgagor s1ea1l pay unto said mortgagee the certain promis-
! sory note hereinalter substantially copiec~ or idenfi~ietj, to-wit:
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~ S 4, 2 n Q- o n Stuart, Ftorida July 27 , 19 7 3
~r Fw value reccived, t, we, or either of us jointly and severally promise to pay in lawful money of the United States of
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i America io the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this ciry the principal
; sum of FOUR THOUSAND TWO_HUNDRED AND NO 100
'---______Dollars
~ tog~t}w with interest from dat~ it tM rat~ o/ .H. ptr anlvm per annum o~ the unpaid bal~ncs until paid, said principal and intersst to b~ paysbl~ p
~ EIGHTY-FIVE & 17/100 . . . . . 85.17
~ follows: ln monthly insallm~nts of - including imsrest, on tM
~ 27~'1----- day of e~fi momh b~yinning on th~ 27t11 ~r of AL1gl1St _ , 19_Z~
~ and oontinuiny on th~ d~y of e~ch and every month then~h~r w~til tM .27~ day of _._J~y_.._-_____
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~ 19-- on which said dat~ th~ ~ntin balan~ of principal and inhre~t the~ unpaid shall b~come du~ ~nd pay~bte. Each payment is ro be appli~d
y fint !o intermt and tF+~ b~lanc~ to printipal. In cas~ said instsllmtntt, w ~ny of them, u~ nof paid within 15 days after the same bacoms dw, the whol~
of ssid principal ~nd int~st awn shall forthwith b~ca+» dw and payabl~ th~ op?an of th~ hold~r of thp ~ot~.
W~, tM ma4«s, sw~ti~s, endon~n and guarantors of this iwt~, h~reby s~ve~~llp waive pr~sentment fa payment, notics of nor~p~rment, protest and
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! ~ r.o~iot of protest, ~nd dilig~nu of bringin~ svit sgi~nst ~ny puty tMr~to, and consem th~t timt of payment may be extended without notiu thereof to
; ~ aryr of tlr sunti~s of this ewN.
F Now, should it bs n~onaary ro ooll~ct this noh tFaough ~n ~ttorMy, t~cF? of vs, wF+~tMr msker, sw~ty or endorser on rhis not~, h~r~by agrN to p~r
•il co~a of ssid colf~uae, inclvdin~ a re~wnsbl~ attorne~s fs~.
Said bank is hereby txpr~ly authoriud to ret~~n any g~nKal or sp~cisl depos~t, oollatera?, real or perso~at secu~ity, or tFrs proceeds the~eof, belong-
~ ing to tither of ua, now o~ Frreah~r in the pouestion of it durirg tFK timt this rate remaim unpi~d, and befwe or after matwity hereof may ~pply tM
y sarn~ to this ar sny othti d~bf w liabilitiss of either of us to asid b~nk, dw w ro beaorr~ du~. Givsn und~r the hand and ual of esch party.
c~i:xE.] _ i.- / `
, P. 0 ~J -,~a Sealy
AMES A. DAVIS
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' No Due ? ~~-4 (Seal ~
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~ AUDRY B . AVIS .
F .ullin~MT .
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