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~o due and to Mold flte same, together u~ilh the lereer?tents, hereclilamenls and •etppelrta?-y
nances thereto belonging. and the rents, issues and profits thereof, unto the mortgagee, in fee simple.
end the mortgagor covenants with the mortgagee that the mortgagor u indefeasibly seized of said
land in fee simple: that the mortgagor has good right and lawful authority to convey said lnnd as afore-
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i said; that the mortgagor will males such further assurances to perfect the fee simple title to said Land in the ~
mort{lagee as may reasonably be required: that the mortgagor hereby fully warrants the title to said land
f and will defend the same against the lawful claims of aI1 persons whomsoever; and ffeat said fared Is free
and clear of all encumbrances except as hereinabove set forth and except
taxes accruing subsequent to December 31, 1979.
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~rou~ded ~llUlUJS, that ij said mortgagor shall pay unto said mortgagee the certain promis-
I~ so?y note IeereInajter subatantinlly copied or Identified, to-cuff:
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i...325..~0.Q...QO Fort Pierce, Florida.....November---30-~ 19.-79- }
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As hereinafter set forth - '
after date, t, we or either of us promise to pay to the order of
_____STANLEY H. SCHWART2 j__ TRUSTEE ,
r
.-___Three___Hundred. Twenty-five.--Thousand & 00100 s
l~o~~?RS ~
for value received, payable at...10889__ Wilshire Blvd._~,--Suite.•.733
a
.....................................................~s_.~geles_r__CA_90024 with interest
. ..................................•---b
date as herein- ~
from ................................at the rate of.....9.........per cent per annum until paid; interest aye le.-------- i
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of er set forth-~
And each d us wMther maker, gwrantor a endorser. MnbY severally waiws and renouncer any and alt homestead enemption rights we '
may have under tM Constitrrtton or taws of the ataee of Florida, or any otFw ataN a United states, as a i
~ yainst this nose; and each fwttrer waives
nonpayment and protect, and b event it becomes neceuary to odled this note thrwrph an attorney, • to pay all costs
of cdlactien, indudkrp ieason.bfe .t?orrreya te.. & $udi default wntinues for a period of 3~0 days after notice.
tf defavh k made in any payment when dw/then at tiro option of tM Irotcter, and without any other notip, all the remaining-babnu
sMtl be dw and peyabte at ono.
The principal indebtedness evidenced hereby shall be payable in
thirty-nine (39) equal and consecutive quarter-annual installments
of $5,416.00 each, beginning on March 1, 1980, and a fortieth (40th)
and last quarter-annual installment of $113,776.0 hick is due on
September 1, 1989. To each quarterly installm of principal ~
shall be added interest at the rate specifi herein. ;
Maker reserves the right of prepa nt, whole or in part, at an
time, without penalty. y
(Seal) -
Ri.c ar son
DAVIS ENTERPRISES, INC. , a G2~, 7~/, r ~„~jw (Seal)
:F ;ride c ation i hard n i
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J av s, Jr. , I s es. J'e' ~ -S--•-- - SEAL
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lori C~~~.ci-..._ r.._..._ . Gam.----~-----/--• SEAS
. Davis
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