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® ~ t0 the same, together with the tenements, hendttarttents and apptute-
nancvs thereto bebngtng, and tltt ronb, issues and pro/1fa t1?er~% unto the Inoelgagee. Irc /ee atntpie.
th. mortgagor covenants with the mortgagee these the mortgagor a trtd%atbly seised o/ soil
land to /se stmpb: chat the nroregagor ha good right and Inlu/ui autF.o~ity eo conwp said land a~ a/o~e-
satd: that the mortgagor will mane such /a?th.r auurartces to per/ect the /ee stmpb titb to said land in the
mortgagee os may r+sosonably 6e required: that the mortgagor .herby /ally warnnts the tttb to Bald Tend
and will d%nd ,the saute against the law/ui clatnu o/ all persons urhomsaewr: and that said fond to /ne - ,
and clear o/ all ercttcmbr+ances
thae ij said iwortgogor shall-par unto ,aid mortgog« the artatn promts-
sore note heretna/ter subetanltaUp c~optd or tdentt/ted, to-.rtt:
MORTGAGE NOTE -
s 33,000.00 - Stuart ,Florida
August 3 O .19 79
FOR VALUE RECEIVED. the und_etsigned, (jowtly and severally. if-mote than one) promises co pay to
JOAN C. CLARRSON -
. or order. in the manner hereinafter speo6ed,
chc principal sum of THIRTY-THREE T~
O Sp~p a dd N ---------------------------------7100 DOLLARS
5ep~e~er ~4, Q979 -
(S 33, OOO.OQ with interest hero dGl~c at the rue of lOX per am per amum oo the balance from time to tithe trtmining unpaid.
The said principal and itucrest shall be payabk in lawful money of the United States of America at 3769 Cockeigne Lane, S. W.
Ft . Myer S , - Fl 33901. of at sucb place as may berea&er be desigoatcd by written notice from the holder to the maker hereof, on
j che dace and_ is thr manner following:
PRINCIPAL AND INTEREST PAYABLE IN MONTHLY INSTALLMENTS OF
THREE HUNDRED THIRTY-THREE. and 33/100 ($333.33) DOLLARS
BEGINNING THE _14 DAY OF OCTOBER,- A. D. 1979; AND
CONTINUING UNTII. THE _i4 DAY OF SEPTEMBER A. D. 1986; _
~ AT WHICH TIME THE-FULL UNPAID PRINCIPAL AND INTEREST
BECOMES DUE AND PAYABLE.
THIS NOTE MAY BE PREPAID IN PART OR WHOLE WITHOUT PENALTY. -
LATE PENALTY CLAUSE: EACH PAYMENT WILL FIRST BE CREDITED TO
THE INTEREST AND THE BALANCE TO THE PRINCIPAL. TIME OF PAYMENT
IS ESSENTIAL TO THIS NOTE AND ANY PAYMENT LATER THAN 10 DAYS
PAST DUE WILL BE CHARGED lOX Op PAYMENT DUE. _ _
TEiIS NOTL AND MORTGAGE MAY NOT BE-ASSUMED BY A THIRD PARTY
- WITHOUT THE WRITTEN CONSENT OF THE MORTGAGEE OR AOLDER OF THIS -
PROMISSORY NOTE.
This note with interim is secured by a mortgige oa rcal estate, of even date herewith, made by che maker teteof io fiver of ctie said
payee, and shall be construed and enforced accord'wg to the laws of the State of Florida. The terms of saa~ mortgige are by this refrrence
made a part 6creoL -
If defauk be made in the payment of any of the sums or interest mentioned herein or in said mortgige, or in the performance of
any of the agreements contained herein or in said mortgige, then the entire principal sum and accrued iaterest shall be at the option of the
holder hereof become at once due and oolleaible without notice, time being of the essence; and aid principal sum and accrued interest
shall bah bear interest from such time until paid at the highest rite allowable under the laws of the State of Fbrida. Failure to exercise
this option stall not constitute a wsiver of the right toe:ercise t6E same in the event of airy subsaqueut dcfauh. -
,I Each person liable hereon wts:ther maker or endorser, hereby waives preseetmctic. protest. nonce, notice of protest and notice of dir
I honor and agrees oo pay all costs inducting a reasotabk money's lee. whether suit be brought or roc, if. after maturity of this note or default
hereunder, or under said rtrortgige, couttsd shall be employed co collect this note or to protect the security of said mortgage.
VYhencver used txrein the tents "bolder", "maketr' sod "payee° shag be oomttued in the singular or plant as the contact may
require or admit.
Halter's Address /s/ C
~_THROGMORTON SEAL)
/s/ ANN W. TIiROGMORTOIv_ (SEAL)
gmo ,
~ C lJ U e- /s/ D~ORJGLAS S roTHROGMORTON (SEAL)
33 . / rn Doug as rogmor on - (sue)
_ a~~~ 317 PEE
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