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~rAUtl>p~1 ~1~1U~11~8. tleat if sai~ .~lfort~a~'or sltall paJ r~irto th~~ sui~~ .1{Ior1~n~Pe ~
t1u certain prontissory nole, u~' u~leich tlie fullor~~in¢ in worclsz a~tl Jf~'r~res is ~i tr«e cupy,
to tvit:
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u Fort Pierce i_i August 25 78
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; GUS W. LENNARD and MARTHA LENNARD. his wife ~
; Fort Pierce i ~~,~i i i~.~ ~
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' SIX THOUSAND-FIVE HUNDRED AND NO/100----------- ($6. 500. 00) ~i i, ~
197 Tumbling Kling Rd. ~ Fort Pierce i 60 ,,.,,,,i:~~ . , .
c 135 72 - ~ 135. 67 ~ ~ ~ + , ;
. ~a~ h. :~n~l ,~~n• ~n,~.~U~n~•nr 1;, in,•.~l.u~•~ni i~~ ~ , ~ , ~t.' ~ „
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` September 78 , ~ . , . . ~ ~
~ ul ~N~~.,~,~ ~i„- 25th l~.l\ u~ e~ ~.l~ ' ~ :I~~i 1. ~ ~ ~ ~ ~
° ~ including
~ ~~1 i~~:,,~,~ 25th l~.N r.l~'1 ~U~l~•~ ~~tti•• 1, ~ .,~a ~ ~~1 :f:~t~ ~ , xXX. . .
; i~,~:t~ date _.~c ~E~,• „t 9~~ i~~ and such default cmtinues for 15 days
Ils u~.;.~i'n:~~~~~ ul ~l~i, u,•. . i ~ ~ _ ~ ~f t+;~ , , . , ~
~~11~ ~111f1'~1i.1~1i~ .IS 1'1~ ~•~1'/i:~~~~ i~~~ . t" ~t ~ ~ ~ 4111~.. - . . . ~1: ~ ' .
~.i ..~lirt~~~~~•. !n t~L~ ~ti.~i~r ~l~•~!~.~tni. ~ ~ .~o~ : ~ i•} t ' , i, ' I ~ : . .
.~n~l ,r~rr.~ll~ :~t~t~•r c~~ ~~.i~ ti•.~.,~ti.~t~i~• .~tl•~~m..'• 1, intluding aPPellate proceedir~s.
F~ch installment first shall be applied in payment of the interest aixi then an the
~ u~paid bal~ce of the principal sun.
This note may be pre~paid in whole or in part at any ture withait ~nalty.
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~CH~CR'LES--C-1CI'fZMiL~ER _ . ~ ~
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- I.ESA L. KITZMILLER -
arrci shatl per/'o~»i, ~onaply r~~ith and ubide by e~ch- and eiery the slipulations,
a~reements, conditions and covenants of said prnmissory note and of this deed, then f
i this deed and the estate herebJ created shall cease and be null and aoid.
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i ,~Itil the said ~llort~a.gor hereby eoaenants and a~~•ees: `
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1. To pay all anc~ sin~ular th~ nri»cipnl Rn~~ in.t~rPCt und ~tli.~r srcm.s ~~j moneJ t
~ payahle hJ t~irtue oj sai.l pro»tiss~~rJ ~t~te un~l this J~~~~d, ~,r c~itJt~r, prnnrptlJ ~,ii the ~
~ c1aJs respe~tir.~e1J the sam.c~ ser~erallJ r.onae dr~e. _
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~ To paJ all un~l sindr~lar the ta.r~s, assess~».cnts, lei~i~x, linhilitr~•~, ~?bliaatio~rs
° ur~~i enerenabra~aees of r,c~erJ uature c»i sai~l des~ribe~d prop~•rtJ ev~•!r. vncl erNrJ, and
~ if the sarn,e be not promptly pctid the sctid .1Kort~ga.gee mcLy at a.n~ time pa.y the same
~ without rvaiUing or 2~j'eeting the option to foreclose or any ri~ht hereunder~~~d ez±ery
~ payment so inade shall bear interest from the date thereof act the rate of ~
~ per cent. per annum.
~ ~'o pay alt and sin~ular the cc~sts, clutr6r~c an~l expenses, inclrulin.g IawJcr's .
~ fees, reasona,bly- incurred or paid at any tame by satd Jtsort~a~ee becacuse of the f¢tlure
~ on the part of th,~ suid .~ortgagor to perform, eomplJ uith. a~r~ abide bJ each. a~ad
~ everzJ the stipula~tions, a~reements, conditions and covenants of suid >>rumrssorrJ note
~ cind thi,s deed, or either, and every sueh pay~nent sluzll bear inte~°est from date at the
~ I rate of 9~ per cen~. per dnnum.
~ ~ To keep the buildin notu ~~r hereajte.r-nn sui~l lu~rd i»sured in a st~nr not ~
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' less than highest insura le value _ ~
~ Dul[urs, in a compan.rJ ~~r r~,»ip~lnies to ~
~ be apprnued by sQid Jbiort~a~ee, and ~he potic~ or policies helal by and payable to saiad ;
.~lortgagee, and in tlr.e event any srcm of monPy beco»aes payable under such. poliey or ~
~ policies, the JKortga~ee shalt h,ctve the option to reeeive and ctppty the same on aceount
of the indebtedness hereby seeured or to permit the .hfort~'d~'or to reeeive and use it, or
~ dny part thereof, for other purposes, wi`,hout thereby rcaivin~ or inzpairzng any equity ~
~ lien or right under or by virtue of this mortgage, and may place and pay for such 1
insuranee or ctny part thereof, without uaeiaiit~ or af)`'eeting the option to foreclose or ~
~ any ri~ht hereunder, dnd each and every such pa.yment shall bectr interest from date ~
at the rute of 9~ per cent. per annum.
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< c~U6 ~ PALE t~p ~
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