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, 21 ~ 0 0 0~ 0 0_,,,,..~,,, ' JE~1gEN H~ACH, s~osta.. Oc t o b e r 2 S~„_.~ 1~,..,~,,,
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~ Fo~i vu.oE ~cav~o. ~.a...,...+. i~.ut ......ur. p1lQ~z TO PJIY b flw ~ed~~ ef.~~tan~
' ~7x..~..and...~iada...S.~han~k,....his...s~.ife .:......................_................_.._........._..w.M....................._...~........._....._..........~~...
: ~.l!~y~x~...~~.au~and...ds~llax.~..:an+d...na,1.1.0.4.*..***..*_.(~11.,.O.OII..A.O.~.*.*.**~~.*_*******_*.~*** DoL~.~AS.
~t I~~nI~.~Q~.~a....j`.1~~..~T.~t8.4'y............»......._ ..............................~...........---..............._.........._.._...........os ~neh wb~e olaea a~ th~ hel~s
: h~ne! mu~ d~si~e~t~ ia wrilLn~. lo~iD~~ w1W tat~r~d lsoa~ dd~ at !b~ s~ ot ».»Z~.... ~z t~atum p~r aaa~eas o~ th~ nepa~ ~
; eataae. w~w m.ewttt. TM s~td peiAel~l aad iat~s~st ~p M du. .o~t psr.~ as fallows :
; on July.l, 1978 $1575.00 plus interest at the rate of 7~ percent per annun? on tli~
~ unpaid balance; a like sum on July lst of each auccessive year; last payment
' on July'~, • 1984 to be $1550.00~ together with interest on the unpaid balance at
:7~ percent p~r annum. See the attached amortization schedule. ~
:This nbte is secured by a mortgage given by the promissors h~rein on the pre-
'mise~s known as Lot 406, sectian II in that certain condominium known as Out-.
door Resorts at Nettles t~land, Jensen Beach, Florida, 33457.
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1! ~I~rlt M~~ I~e ~as~ i~ MswMt ~1 ~q Ipt~IlNwt ~1 ~tbslMl K i~l~wt K~y M~t t1w~+1. ~M ~rMM ~ tiN twrisf ;
: r~~~ Mt~ IwbeMl ~l~II ~t M1i~s MtM~ 1«cM~ Msa~M ~rltMrt .~tis~. Faitrn b~Kelw we1 Mtiw A~p N! s~watab .~rdtw d tD~
~ ri~1t t~ ~a~esiN t?~ s~w~ la W}nwt ~f ~~M~NM~ ~d~rlt Altar s~trelb Mts ~ri~tl~l ~~cc~i i~t~ ~Wl ~rr Mhn~! ~t Mr sNtw~ i
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t R M I Z T A~ k
w~ ~ e ~ e+ d t A b ~~a h?~l~? ~r~i~• ~~tlc~ w-N~srt ri ~~+tML If t~1~ Me~ b~~t wt
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Et'fL/ .......WL/~Y~ _ .
W LIAM C . .GR BBS - - - ~
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' ( SEAL~ ~T.A1.1 ~ -
: DOROTHY S . RUB S ' `
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and shall dul~. Pmmptly and tullr perlorn~, dischsrge. execute. eftec~ complet~. romply wtth and aDid~ Dy each
and every the stipulations, agreeme~t~, eond~tiona and covenants oE said prom~ssory note and o[ tAi~ mortgags. ;
then thla mortgage and the estata hereby created shali cease and be aull anu tc~d. i
It L~ undentood thst eacb of the woni~, "note;' "mortgagor" and "mortgagee"-re~pectlvely and the~pron-
ouas re[erring tturet0. whether in ~he ~ingular or plural anywhere in thb mortgage. ahall be aingular tt one only
and ahall De plural joially snd ~everally. it murc than one, and shall ~e ma~culine. [eminine and/or neuter. wher~
e~er Lre context sa implies or admits. '
And aald Mortgagor for himsel[ and his Aeir~, legsl npresentatf~e~, succes~on and asaigns, herebp oors4-
anta ana agree~ to and wiW said Mortgagee. his legal reprrsentative~, succe~.wro and assigna: ' _
1. To pay W iwd singular the principa! and intereat and tt?e rsrfow and aundry auma o[ nwney psyable D~
•trius ot said pmmiawrp aote. and t~is mortgage, cach and every promptly on the daya sespectively tds sam~
severslly become dw. -
Z. To pay all and aittgular the twxea, isxssments, levies, liabilitia, obliRaUoru and fncumbrances ot ever~
nsture and kind now on aaid dexribed propeny, and/or that herea[tee may be linpoxd. ~u[fered. placed, levied
or asse~sed thereupoa, and/or that here~tter may br lrvied or asses~ed upon this mortgage and/or lha iiidebted-
neas 9ecured hereby, each snd-evcry~ when due and payable according to taw. be[ore they becoms delinquent,
• and bztore any Intere~t attachra or any penalty u incurred; and in so far a~ any thereot is o~ record the sams
shall be pNmptly saGsEied snd discha oed ot record xnd the original o[ticial document (~uch a~. tor iusWfce. i
ihe tax receipt or the satia[action paper ofticiatly enJorsed or esrti[iedl ahall be placed ln Ne hsnda ot said
Dtortgagee within ten daya next atter psyment; and in the event that any thereo[ is not ~o psid, satistied and ~
disct~arged. said I?tortgagee may at aoy time pay the same or any par[ ehereo[ aith~ut v~ai~ing or a[tecting ~
any option, lien, equity or right unde~ or b) ~irtuP o[ this mortgape, and the full amount ot each and everp ~
such payment shall be immediately due and payabte and shall bear interesi !rom the dute thereof unttl paid ~
at thx rate ot ten pe~ centurr. per bnnum and togcther vr~th such ~ntercst shall be -,ecured by ~he lien of this
mortgage. _
3. To place and conGnuously kcep on the build~n~a now or hereafter eltuate on ~aid land fire~and windstose~ ~
insurance ln the u~ua! atandarci policy ferm, in a sum nnt tess than =~.a..~. Q.4_Q..Q~_..._.......»_._.........., in such eom• 4
pany or comp^~:cs a~ may be approved by sa:rl l?fort~a; ce: and all such inwrance policie~ on any o[ ~d build• s
- ing~, any intere~t therein or part thereof, in thc g~rrrgate sum atoreQaid or in exce~s thereo[. shaL tontain ths
usual standard mort~agee clause makinR the I~~x~ urd~r szid Qolicies, each and every. payaDle to said ~iortga•
gee as hia interes[ may appear, an:! elch ar.d er~:y ~~l~•h pcdicy ~Tzll De promptly deli~ered to and Aeld by ~aid
~tortgagee; and, not Irs~ than len daya in ad.•an~e n( tt~e Px~iraUon of each pnlicy, to deliver to ~atd 1[ortgagee
a rrnr.~a! thereo[, toqethe~ ~~-ith e rece~pl tnr Ih~ prrm~nrt: of .u~h rene~~nl- snd th~re ahall be no ~uch insuc- '
snc+ rl.ec~3 a^y o! <.i.i r~:l.li•:d•. r..^.;• i:st:rr_:t !*cs::r. ~r F~:2 i::^•r.::,t. ~:.1~:y in tt~e :vrm snJ wi:h the i~i~i ~
- pa~a0le as a[orcsaid; and in the c«n[ s~riy. sum of mouey brcoMcs payablt under ~ncb pollcy or policie~ said
I?tortkaRee shall have the option lo ~~cei~e and apply t}~e ~~ne on accounl o[ the indebtedne~~ secured hereby or
to permit aaid ~iortqaRor tu recei~e and uce it or any part thereo[ for other purnoye~ without thereby ~vaivfng
or imp~irEng any equi[y, lien or ii~;ht under ~r by vi~tue uf thi9 mortgage; and in lhe e~ent snid 11ortRayor ~hsll ~
[or any rr1s~~ t:ul to keep the ~ai~ preinisrs s~ in•=ur~•d_ o~ lnii l~ drli~•er pmmptty any ot said poliCies of
insurancr to s:?id ntor[gaRee, or fail promptfv ta p~y tullY ar.y p~erniuu~ fl~e.rfor. or in any rt~pect fail ta pe~• !
form, d~ccAsr~e, execuie, eftrct, complete, comply ~.~lh and sbi~ir Dv this co~enant, or a,~y part hereof, said ~tortg-
ager may p1a~e and pay tor such in~urance or any part tA~reof wilhnot uai~ing or ~[[ectin~ any option, li~n,
equity or rifiht under or by ~irtue u[ thi9 ~r~ort~;ap,c. anJ thc tu11 aqioun! nf each and every such payTr?ent shaU
be Immedi~tely due and pT~•able and shnll beor in,~rf~t f~am t1?e date lBeren[ untll paid at lhe ~ale o( ten per ~
centum per aznum and together wiU~ auc1~ Inlere~t ~ha11 bc secarcd by the lien o~ lht~ mortgsge.
4. To permlt, commit or aut[er no ~va~te, im~+airment o~ deleiforalion ot uld property or any part thtreot.
6. To pay nll and singulu the co~l~, charge~ and ex}?enxs, Includ~ng reasonable law~ec's teea and toat ot
aDetracta af title, I~curred or paid at any tlme by uld btortgaPe~ becawe and~or !n the event ot Ue lallure
cn the part ot the ssid 1?tortgaRor to d~dy. promptly and tLll;~ pertonn, dtscha~ge, caecule, effect, compl~te.
comply Kith and abide by each and every 1he ~tlpul~tions, ~egreemenls. ~ondi[lans srw~ ~o~ienant~ of ~aid pramLs-
Mry not!. and thi~ mortga~e, any or ~itn~r, wnd ~a11 ~oate, e??srg~s h~~d e~7+~n.e~, e~ch and e~ery, ~hs11 be Im•
me.'.~atdy dua sn.i pwSnbie, whether or not chere be nol~ce, demand, elternpt to collect or ~u(t pe~ding: end lha
[W1 emount of eRCh wnd erery auch ps}~nent a~ll be~r interest [ron? tlis dale the~eot untll pafd at the rate ol
ten per centum per annum: and alt sald co~te, cha~Re~ and ex~+ea+oa w fncurTed or pi?ld,-logetl:er rrttl~ such fr~-
tereet, ~hW bs secured by U~e Ilen o[ thfa mo~:gpge.
aoorcz~ r~cE - _