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TO HAYI~ AND TO HOLD tlae aams lo~ethtr-_with the tenemcnN. hai'editamcnta, and appur- `
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i ter~a»cei, unto ths aaid Mori~a~es_s.. a ' a and aaaiy~a. fee simpk. :
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AND tlta aaid Mort~aaor8 !ot themselve~~ their ~s, ~p~ r~eae~tat;vea ~
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and aaaiqna do ~?±,e~ant wiih sad Mortgagee s h i r k~n. repreaentaHvet a„d
I aaaigna that said Mort~a~or.s_, are ;~e~saaibiy aeissd o~ said Iand itt ~ee simpTe that
ths said Mort~ayor s have ~.n p~er a~d latajui right to corivcy aaid Zand iri ~as aimpk
~ I aa a~orsaaid; that it ahali be lawf~i ~or aaid Mortgagee.s., their • h~tra, ~QaI rapresenta-
tivea and aasigna, at aiI ti~mes poacsabiy and qutstly to e~nter upon, l?dd, occsrpy a~d a~n;oy said ta~d; - ~
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tAat aaid ia»d is frse ~ro»a ail enee~mbra»cea; t~at aaid MortyaQor.~, their k~ a~d
~ Iegal repreaantativea, soai ma&e iuaJl~ fwther a,asuranca to perfact the fas simpk Zttle to aa~d Zand
ii~ aaid MortQagae a, rh _i r t~, le~ai represeretativea and aaaipna, aa may nasona~biy be
reqtdred; and that s~id Mort~a~or~ do t~e~?Y f~Ilg warraxt the title to aaid la~d and
w~i dsfend ths aame a~ai~nat t~he lawft~l elaima oJ aiI perao~a whomsostisr.
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PItOVIDED ALWAYS, that if aaid MortgaQor their 1..rim, je~ci representativea
OY aa3iplLS a~ jMy 1erit0 t~ aQld ~OlC~apEC_5.., _f-h ir le~rpj rdpYP.dEri~LLtl/Q3 O!' adaigfia.
~ ths eertai» promiaaory nots-, o~ mhiel~ the ~oAowing in worda and fiyrurera t a A - trus ~
, eop.l! , to-mit: ,
Fbn* 9-?~ 16
1ZORTGAGE NUTE
` S 2,000.00 Miami, Florida, O tober 15 , 1g 7~ '
~ FOR VAT.GF HF.CF.iVED the underei~ned promi~4 to pav to the or~er of:
JOSEPH P. LAURELLI and CHRISTINE R. LAURELLI, his vife
~ ~he principal Rum of: Ti10 THOUSAND and 00/100 * * * * * * * * * * * * * * i)OLLARS.
{ PAYABLE together with interest from date hereof at the rate of SIX (6X) per cent
~ per annun. Said principal and interest to be payable in equal monthly instalments in
~ the swn of THIRrY EIGHT and 67/100 Dollars (S38.67), beginning on the 15th day of
November, 1975 and a like sum payable monthly thereafter. The balance of principal
~ and accrued interest payable on the 15th day of October, 1980. Payments to be first
applied toward the payment of interest accruing upon the principal sums remaining
due fram time to time at the rate herein specified and'the balance to be credited .
to the principal. This ~ote may be prepaid in whole or in part at anytime without
~11 payments oI prineipa and interest are to be made at: p~alty.
c/o FLAGSflIP FIRST NATIONAL BANK OF MIA~II BEACB, 1111 Lincoln Rd. Mall, 1~Iiami Beach, Fla.
1f delaolt be msde on the p~pmeut oI aar iustallmeot ot prineip~l or iot~re~t or in tbe per(~ra~nee ot w~ of tbs terw.
cercwot~ or coodition~ oI tbat eertain ced eMste morti~~e oE snea dat~ LwnitL ~i~eo to ~eeap tbs p~7meat be~eot. iLen ~t
eLe option oE t6e holdu 6ercot t6e emir~ p~ineipd wm rem~iaio~ aspai~. i~~ethe~ ~+itb ~ectwd late+est. ~6a11 beea~ im-
~ medi~td~ due so~ payable wit6ost notice. Upon sn~ delanlt haesnder dl pers~u~ liabl~ 6u«o foietly and ~?t~117 PromiN
~ to pa~ aU cow ot coAeetioo ieclndin~ reuonable attorna~
• Iea
~ Preseutaroot tor ps~mew. demand. notica o( disbonor. protae ana oocie~ of peoee~e ar• ber~b~ .ni•ed b~ all makers
and endoner~ bereof.
~
~ (SEALI
ga van ows
~
~ (SEAL1
~ ames e sa
(SEAL)
~ Helen Oleksa
~
~ a»d shall perf
orm, eomply with and abide by each and every~ the atipuIations, agreementi, eon-
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~ ~ ditions ~nd eovenanta of said promiaaory note_a.nd of thia decd, then thia deed and tht eatate
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thereby created sha11 cease and be nuU attd void. '
AND the said Mortgagor~, for~~~Q~~vQ~ and their k~~
I repreaentativea and aasig»s, hereby covenan~ and agree: , -
~ eooK 245 PAGE 435
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