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i ~rllUtl~F1> ~111U~11J. H, tlrat if snf~! .~1lnrt~a ~'or x/ral! puy ttitto !hr 8aie~l .'tlort¢~tg~e
~ the certain promi+surJ nutc~, u~/rirlr rl«~ j'ullu~~•ii~~ i~c wurcls and ~~rares is a true cupJ,
~ to wit:
~ ~~.000.QO- ~ ~1' Fort Pierce, Florlda ~p~s~b~~ 26~, , lq '75
1?S ItE~IN]~?FTRR S8'1' F'~RR'!~ ~ afler date, I, we o~ either of us promise to pay to the ordar of ~
ZIrpGBN$ BRITT E~ttLY CI.~RK ~
FI~TY-FIVS T~OU811ND ]1N0 NO/100 ppj,y~ga
for value ~sceived, payable at~~~ $~~~~'j~AS POINT DRIVB. FOST PIERCEL FIr~RID~A ~345~
with interost
from ~TE at the rate of 8
3~4 t cent per annum until paid, interest payable ~~Y
and se~ch dstault oont3nu~t~ for thirty t 30) day;
If d~fwh is mad~ in ~ny paym~nt when dw,N»n N tM vp~bn d tM hold~r. and wHl~out My o1h~r notioR, aN th~ ~«naininp bala~ce
~Q b~ dw and p~r~bl~ at ono~.
And ~ad~ of w wMtfw m~lur. W+?Mtor a a~dona. Mr~by ~~wrslip w~iwa wd n~o~w~cw an~? u~d dl homptesd ~x~mptioo riQhts vw rnay
Iww wdK tM Caatih?tion or lawti of ~M Stah oi Ho~id~, w~ny aM. SsaN ar Uruhd Sfata, aa p~inat tNs nar, ~nd ~ad~ fwtiw walwt d~
w~~nd eotio~ of eo~rpaym~nt and protW, and in ewnt h beoomes ~+sarY to colbtt thb noM IMwph ~n ~tlormy. +y?«s q WY ~II cab of
oolbettan bdudinp ?taweWbb ~t~on»~Is h~.
Thia nota suall b+~ paya~ala 3a oqual, ouc~ssitro, moathly installments o!
-~452. ZO each. includinq iat~resti at eiqht nad thsee-quart~rr~ ~8 3/4I P~= ;
eent pa~e aaavan. aach instsl.2~z to bs ep~llsd tirat ts the paya~snt o!
intes+~at aud tiien to ttia paym~at of grinoipal ~*h~ tisst o! auab i~c~stal-
l•~anta ~:~?all beao~as duca ~d pnyable -on th~ lst Qay o! ~tov~abss. 1975 and
~uRxessive iust.~?lltacuite shall b~ due an8 payable on ttLe oors+~spondinq day
of each aa~ ~v~ry st~ccaec3inq ~aonth tiiarea~ter until this nota is lnlly
paid aa to priacipal a»s: intLrest. Privileqe of prepaymai?t at any ti~a,
without ~analty. is :~~arQ;~Y ~=anted payor. _ ~
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No. ~~e U '
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an~l shall perjo~m, comply wi.th and abicle bJ e~tch and. every the stipulation,t,
a~reements, conditio?~~ and coaenctnts of said promissory note and of this deed, then ;
this deed and the esta.te herebJ created shall cease and be null and void. r
.t~tt> tlie said ~1lort3sa~sor hereby covenants and dgrees: ~
' .1. T~? pay ~ill anc~ sin•~r~lar the nrinr,i~al an~l in.t~re~rt a~rd ~t1iPr sum~s oj moneJ
I ~ P«J~>>le hr~ r•irtue njs~~i~! prn»tiss~~r,ry n~t~ aitd this ~lP~•~l, ~,r Pither, prn»tpt1J ~?n thP ~
' ~la~s respe~tirclJ the 1anr.~~ ser~erallJ conte dt~~.
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~ T~~ pm~ ~tll irn~l sin6~~lar tlie t~rx~~s, assessmrnts, let~i~~, liuhiliti~•,, ~,l~lioutions
j ~en~l. enerc»tLran.ces oj ci•e:rJ ~ratrtre u~i saicl cl~s~~ril~ed propE~rtJ e~-•h a~ul et~~•rJ, antl
d i if tJr,~ sanr,e Le ~aot promptly paid the said .Mort~a-gee may at a~aJ tinae pay the sa»ae
t I Lfl,tjl.nlLt ~i~ni.ninD nr n~~v_r.tin..~ #i~p n~finn. tn Fnrvrlnev ~r ~,n f~~Cj~1 jrorg~t~d~r, ~n~ ~z~~t^~
~ payme~af so mcule shall bear interest from the date thereof at tlie rate of 8 3/4$
~ per cen t. per ct~r n u m.
P
~ .3. 7'o pay all and stngular the costs, ch~u6~~s a~irl ~xpenses. i.n~ltuli~tg laicJer's
t fees, rea,soncably i~acicrred or paid at any time by said Jllort~sa~ee becarese of the failure
~ ~ on flae ~~art of the said .hlortg'agor to perforna, eomplJ ze•ith. and abi~e bJ each and
~ f everJ the stipulations, a~reentents, conditions and covenants of' said promissory not~
~ ~ and tlris deed, or either, and every such payment shall bectr interest from date at the
' ~ rate of 8 3/4$ per cent. per annu~n. 1
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` ` To k.e~p t,he httilding nair nr hereajt.er ~n cui~! lund ins~~red i~r R 4lIIl1 not f
~ ~ le;ss l.iau~l full_ insurable valu^,. or the amount ,~ecured hereby, whichever ~
' ~ be lesser, in a coni.parr.y or ~~~»rapanies to ~
~ ~ be approred bJ said ~,liort~a~ee, and ~he polic~ or policies held by and payable to sctid ~
_ ~.J~Iort 6agee, u.n~l tn tlre er~e~at any stcna of ~nonoJ becontes J~ayable u~ader such policy or ~ ~
~ ~ polic.i.es, thc .-Nortga~ce slLall h~zve the option to receive and upply the same on accorcnt i
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of the i,ir.debtedne~s herebtj secured or to permit the .~lortgagor to receive and use it, or ,
~ ~ any pa-rl tlrereof; for other pt~rposes, wi'hou,t thereby tcaiving or im-pairing anJ eqzcity
: ; lien nr riQht under or by virtue of this mont~'a~e, and »aay pluce and paJ for sueh _
K insttrai~ce or anJ pctrt there.of, witiiocct ze•aivin~ or af~ecting the optio~a to foreclose or
? cLn J ri~sfat liereunder, aad eaeh and ez~ery sueh paym,ent shall bear interest frona date
at tlee rute of 8 3/4 $ per cent. per ann um.
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~ 60~RK PACE ~6~
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