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]0 nAVt ~ W TW~~ fhs same, logetf~er wilti Ihe lenorin~nls, he?ed~tumenls und oppurfe-
nunces thpreto 6elonping, a?~~ I~e ?ents, is:ues and proJit~ thereo(. unto Ih~ rnortgaget, tn je~ si~np~e.
n111~ tl~e mortga~or couenanJs witl~ the rnortgaeee tl?at Ilt~ mortgagor ta indsja~~blr seized of sntd
~and in fee aimp~e; thal the mortgagor haa good riel~t nnd ~awJu~ nuthortfy to conuey saia ~nnd as ajoro-
suic/; Itiaf ftie mo~fgagor wi~~ make such lurfhe~ assurunces to por~e~ct ths ~ee simpla fif~v to sald Iartd ln Ihe
mo~t~agee as may reasona6ly be ~equired; ehat ~he mortgaAo~ h..~6r (ully warrants the fttle to aaid land
an~i u~ill deJend the same ngainst the Inw~ul claima o~ al~ persoru whomsoevar; and t1~at :atd la?~d t, frN
a~d clpar oj all encum6rnnces exceptiag taxes accruing subsequent to December 31, 1978.
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' ~rouided ~lways~ that if said morlgago~ ahnll pny unto said mortgngee the certnin promis-
sory nMa hereina(fer su~alantially copied or ~enttf
i~. to-urlt:
MOR7aAat NOT[
23,400.00 Fort Pierce , }~4,,,.~.,
_ January 5 , l, 79
FUR VALUE RECEIVED. the unde~ugoed~ (joiatly and ~cver~li~•. morc uu~•, ;.,,~:u.~~•ti iu p.,?• :u ~
REX J. YOUNG and LILA J. YOUNG, t118 W~ift , ~r wuer, u~ ti?e m..nncr herru?~(tcr ~yecif~eJ,
the priueipa! sam oI Tf+iFNl'Y THREE THOUSAND FOUR HUNDRED Blld-------------------------AO /100 DOLLAKS
~S 23~~i~~.~ ) wit6 iatenst (sa~ date at tbe nte o( 9-L~Z per tent. per an~um ati ti~e IJJI.~R~! IfUTA U([1C W UIi1C TCtlIlIMRt YA~IiK~.
The iaid principal and interat ihall be papabk in lawiul money ot tl~e UniteJ Statca of Amcnc•? st 771 E. Pt1ID8 V18t8 BZVd
Port St. Lt1C1~~ FL or at sueh place as may hercatter Le das~~;natn! by wuurn ~wurc (ru~n the hulder w tbc n~a:e~ hercut, uu
che daee and in the manner foUowing:
. Face AmouAt of this Note and Martgage payable, with interest
thereon from date at the rate of nine apd one-half percent
9 X) er annum in monthl increments of $218.13 for a period
i ~ P Y
of tWenty (20) years, with the first such payment due and
payable February S, 1979, thence continuiag monthly until
j paid in full;
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~ There will be a penalty of 25X of the outstanding principal
F balance if the mortgage is paid off before ten (10) years
i has passed;
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~ Thia note with interest i~ secured by a mortgaAe on real euate, of even datr herrwith, made bp ~he maker hercuf ~n (wvur u( Q~e ia~~t
~ ,,.?yee~ and shail be coastrued and entorced according to tbe tawr ot the Sute of Fbrida. The termi uf saiJ n~urtgar;e are by tbis retcrencc
~ irudc : pan huco[.
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F I~ t~t~au~l ~1G ttlit~C Ip t~1f psymeat o( any o[ ~he fY/lli AI IAtffpi tucnlWi+••l~ ~~rfrW vr ~h s.u~~ ~nufll.~~;r~ af i~~ tl~r ~a•(~..Im~nrp u(
~ .,ny o[ the a reemenn conuined huein or in said mort~s4t. tben the entire pnncipal wrn aa! accsurd intemt sh.?II at tlie ~ptwn v( thc
hokler be~ become at once due a~d colkctibk witlaut twtice, tiioe heia~c ol ihe asence; and aaicl priaeipal surn aml accr~~J inter~.~
~ si~all I,ah bear interest (rom auch tune uotil µ~i+l at tbe hiahu~ t~te all~,vvabk nmiet tbe lawt tT~e ~tat~ ~f FlwiJr. t+~l~~c w exerau
~ ~his optioa shaU aot constitute a wsiver o( the tight W eusciwe tbe.wne in the cveut et aor wbta~ucat Jrfault.
~ Each pe~wn liabk hereon whether maler or endoner, buebr waivea prexntment. pfoteit. notice notitt o( ytotut and rwtice Jir-
iionor and aarees w pay. sll cosu, iacludin6 a roasonabk attotae~'s (M. whe~her wit be t?r~wKbt w aot. ir. a(tet matunllr o( thi~ rw?e w dcf~ult
_ hereuader~ or uuder wd mortgs6e~ counfel ahaU be empioyed w e~lkct tjw aote ot w pwtect tbt ucuri~r ot saiJ morteage.
~ Whcacver wed herein the ternu "holdet". "make~' ~ad "paree" ~Tull in t1?e siagular ot ylural u the coatc:t nu~y .
~ rryuirc w admit. /
_ Makei s Ac~r~a ' "t BER~
`EQ""_'.C ..i .(S~:AL)
~ SOC!c 301 F'~~E 662
~ .(SEAL)
~ ,..117 Eaat, Prima.,Vista.Blvd~Port St~,.Iucie..... ..........................~.(SF.AL)
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