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That Grantrora ~l) cov~nant that they ara lawfully
aeised'aud poaseseea of and have a perfect riqht to-convey
such realty, and i~ is uaencumbered excep~ for (a) 1977
taxee Mhich are psorated between the parties and Grantees
assu~e, (b) spplic.a~ble soninq oirdinances, restrictions _
~ and lisitations of record.as to the-use of the property, ~ ~
,
(c) deed of trust of rscord in Official Record Book 170,
Paqe 2246, o! the public recosds ot St. Lucie County, =
~ Florida, executed by Milton D. Dickerson and wife,,.J~ne
~~~•t~rgr~~ ~~•~~e ~ *~t~ ~T, St~o~rt Mnr~ci~g~
- - -
Co~pany, Inc., in ~s original principal amount of $14,700.00, .
whicb Grantora covenant is in a current condition, and of
- which Granteee have full knowledqe, and t2) will forever - -
~+arrant and defend the title unto Grantees and to their
heirs and assiqns agaiast all lawful claima;
That the consideratfons for this deed are tl) a~
valuable consideration, receipt Nhereof is acknowledqed,
and (2) Grantees' assu~tion and agreement to pay the
~ balance due on said ~ote to J. T. SteWart M~ortqa~e Cvmpany,
~
f Inc., ~ncinq with payment due 1 April 1977, includinq
~ interest therein, ancl Grantees join herein to aqree to pay ~
~
said note and to becc~ae bound and personally liable for
compliance with all of the provisions of said deed of trustt
That in the event~Gran~ees default in any monthly
` payment to J. T. Stewart Mortqage Company, Inc., which they
have assumed hereby, notice shall be given at once to Grantors,
who shall~have the right, but not the obliqation, to make -
such monthly paynente on behalf of Grantees. Any such payment
of said obliqation made by Grantors on behalf of Grantees as
aforesaid, shall become secured by-a lien on the realty
hereio conveyed, and if such payarents are not rei.mbursed
- to said Grantors vitbin sixty t60) days, said Grantors may -
- proceed to foreclose said lien in the manner prescribed by
6001c~~ P~
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