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I j0 ~t the iame, topether u~llh tl~e terivnNnfs, heredtfwnsnfs and nppurfe- ~ i
nances Ihereto Ge~onging, ancl ftia rents. isauea and projtfs Ih~eo~, unlo f~e mortgagN. in ~~e ~tmple.
~ the morlgngor rnvenanls with the morlgagae that th~ nwrtgapor ~a i~d~jeaat6ly s~ized o/ :aid
~ana in fee simp~e: that tl~e morlgago? has good Rg1~t nnd ~nwfu~ aul~ority !o rnnveq satd ~and as o~on- !
aaid; ~hae eh. mortgagw will mcke such /urther aaauwnns to per(ect the j~e atmpb titl~ to satd land in th~
mortgagee aa may r+ea~ona6ly be requtred: f~at t~e morfgagor hKeby ~u~~y warranN Itie lit~s to said land ~
a~~l wiU deJend tke same agninst fhe iaw/ul claima o/ aU p~sau wl~onuo~ver: und that sald land b(rw ~
and clear o/ aU encum6rance, EXCEPT taxes subsequent to December 31, 1978.
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' ~V~{~ 71~W~s~ t~at i~ satd w~ort~apor s~ pay unlo snid morfgag~e tl~e cerfutn prornb- '
~ _sory. note {~ereinaf ter substanfial~y copied or id~nNFi~, to-urtl: ~
MORTGAG[ NOT= 11A~lGO IONM 6~
S 7, 650. 00 Ft . Pi rce . F~~
~ p~~~l ~19 79
FOR VALUE 1tECEIVED. the undenisoed, (joindr and ~everally. if more than a~;,~. eo wr ~ -
HOLIDAY P~NES, A Florida General Partnership "
, or order. in the manner hereinatter ~ecif'~ed,
' ~h~ priA~~wl ~ SEVEN THOUSAND SIX HUNDRED FIFTY AND No/100--------- ~i~
~ ( i 7, 6 S 0. 0 0 with intenst trom date at tbe rate ot 8. 2 S Pu an~ pet aanum on Qte balance (ran time W time reawnins uepaid.
Th~ r~id prwcipal and interat ahall be papable in Lwf
W mouep of t6e United Sata at America at 1 S 0 0 0 H 1 g h N 8 y S 4 W e S t
i: h r}' h 1 1 1 S, F 1 O T 1 d S a it wch plaa u mar herea(tcr be d~signaeed br written noticc trom tbe lwWet w the maka bcreo(~ on
; :he daee and ie the manner [olbwins: _
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~ Payable in Ninety~Six (96) equal and consecut_~ye
~ monthly installments of ONE HUNDRED NINE AND 12/100
~ DOLLARS (~109.12) including principal and ~nterest.
~ First payment beginning sixty daYs fron date hereof
s and monthly thereafter until said principal and ~
interest due thereon are paid in full.
This note may be prepaid in part or itn whole at
any time without penalty.
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~ Borroxer shall pay to the Note-holder a late charge !
~ of four percent (4~) of the monthly installment i
¢ not received by the note holder within twenty (20)
~ days from the date installment is due.
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~ 'I'his note wit6 interest u ~ecured~ s nwrtg~e oa real estste, of even date herewith, made br the maker hereot ib favor of t6e uid .
~ oayee, :nd s6aU be co~utrved and ento accordina to tbe lavos d the Sute o~ Fbrida. j
~ If default be made in tbepa ya~ent ot aq af the wm~ o~ interest meacioned hereia or in aaid mortsase, or in eLe pes[ormance d t
~ any.o( ebe a~rccmenb oontaiaed liereia or ia ~aid aart,;aae, tbeu tbe entire principal wm and sccsucd interest i6a11 at tlie option d the ~
~ t,older hereof beo~e st onoe due and oolkctibk withont aotiae. time~ af the es+e~ce; and saidpr
incipal tum and ucived interest '
€ ,haU bot6 bear intuest trom ~uch time ~wt7 paid at t6e hig6at rste k undv tLe 1aMrs d tbe State oE Fbrida. Failure w exerciie i
chu option :6a1! not consritute a vraiver d the riaht to e:erc~e tbe same in tLe event oE aur iubiequent default •
~ Eacb persoe liable bawn wLetber maker or eadoner, hereby ~vaiva presentment, protat, notice notiee of protest and notice ot dis- ~
~ honor and aarea to pa~ aD oo~, includins a reaionabk auorne~~ fee, wAether suit be brought or not. i~, dter maturit~r oE tl~u aote or defautt '
~ hcreunda~ or undu wd mortsase. aoumel s6aU be empb~ed w ooUect tbis note or w protect the securiq d uid mortsa6e.
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1Nheaever uied 6erein _ tbe term~ "holdd', "makd aod "paTee" ihal{ be construed in tbe sinaular o~ ptunl a~ the contact ma~
requirt Of admtt
Makd~ Addrer .(SEAL) ~
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