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I~~P xnmP, foyel~~e~ wif{~ 1{~e lenemenfs, herrc~ifame~fs anc~ nppu?le-
30 ~iaue and to ~lold ~ ~ '
nancrs f~z~~mfo ~~~~p~~giii{j, ~ie~~ l~i~ re~?~Is. issues un~ pro~ils f~iPrroj, unlo I~~e mortgagee, in jee simple.
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IhP murf~agor ~•ovenanls iuith thP mo?tga~ee tlial Ihe mortgagor is i~de~ensibly sei~xd o/ said ;
lnrul. in jee simpl~; Il~at tF~P morf~agor I~as Qood right and lawjul authorily to convey said land as ajore- ~
saia; fhat t~~e morl~a~or u~i~~ ma~e sucti jurt{~er assurances to pe~~ert the (ee st?nple tille to said bnd in fhe
rnorfga{~ee as may reasona6ly 6e ?equire~; fliat I~e mortgagor hereby ~u~~y wa?ranis t~e title to said [and
and u~ill deJend the same a~ainsl thP l4w~u1 c[ai?ns o~ al1 persons whomsoever; and tha! said land is ~~ee
and c[ear oj aII encumLrances
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~ ~rnu~ded ~iways, t{~at if saicl mortgagor sI~aII pny unto sni~ morfgagee the certain promis- f
~ sory nofp {~er~i~~aJler sul~slanfially copiec~ or ic~enlifiec~, fo-wil: I
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6A,~.Q~O_ AA Fort Pierce, Florida Decea~t~er 31, lg 73 '
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FOR VALUE RECEIVED, the undersigned, jointly and severally, promise to pay to the order of '
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OLCA PRICE MORGAN
_ SiztY Thou~and aud 00/100the • i~60, 000. 00) DOLLARS, ;
at 6003 S. IAdian River Drive. Ft. Piss^~e~ !'lotida or auch other place as {
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the holder hereof may designate in writing, together with interest from date at the rate of 7 1/2 i '
per centum per annum, on the unpaid balance until raaturity. The said principal and interest sha11 be ~
cl ue and payable as folla+a : ~
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In thras (3) annual aonsecutiw payrasnts o! 520,000.00
eaoh, t2~ lirst pays~ant to b~ duo oaa (1) year tro~ this
date, aith intesest at tbo rat~ of ssven and one-half ~7 1/2 t) ~
per cent psr anuum, to bs paid qnartsrly. ;
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Stamps affixed to oriqinal note. ~
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If default be made for 30 days in the payment of any installment of principal or interest or ~
' any part thereof~ the whole su~? then remaining unpaid with interest shall at holder's option become °
due and payable without notice. Failure to exercise such option shall not cunstitute a waiver of the
right to exercise the same in the event of subsequent default. After maturity both principal and accur-
ed interest shall bear interest at ~ 1 Z per centum per annum until paid. The makers and endorsera
of this note further waive demand, notice of non-payment and protest. If this note is not paid at matur-
ity and the same is placed with an attorney for coliection, the makers and endorsers hereof agree to pay
~ all costs of collection, including ail court costs and reasonable attorney fees.
s/ Elliott J. Sossei (SEAL)
; O R Elliott J. Sosse (SEAL)
~ e6~r.2/~,~ P~GE~~ fp ~
(SEAL)
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