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~0 ~ ~ tht ,ant.. together arith tht ttntwatrtb. h.ndttam..tta and apptartt-
nancea thereto btbnging. and the rent, tsauta ond~ ptnftts thereof. onto the tstortgeptt. !n j« attnpb.
the mortgagor cowrtanta with tht ntortgapee the tht tt+tortgogo? to tndjtaai6ly atit;td of ,std
land to Jet simple: that the mortgagor beg good rtght sod lawju! authority to conwp add land a ejtrt-
said: that the mortgagor wtU malts stub /urther insurances to perfect the jet aiwtplt tltb to sold land in tltt
mortgages in roar reaaona6ly 6t nqutrtd: that tltt mortgagor htre6y lolly warrants tht tilb to said land
and wtll dejtnd the same against tht iawjul cldma of all p.rwna whomsoever: and the said land is jne
and clear of all encunt6?anoea, except taxes accruing subsequent to December 31 , 1979.
~~1wnyS, ihnt tf anid mortgagor shall pay unto ,aid mortgagor eht ctrtain pr~omb-.
sory note hersinaf ter substnntinlly copied or identijitd, to-wit:
~t3p,750.v, Ft. ~",@i'Ce ,Honda
December 31 , l9 79.
FOR VALUE RECEIVED, the unden;gned, (jointly and sevuaUy, it more than one) promitKa to par to T
RARFRT .l ~ rQT FFTTN
• or ordu, in the manner bueiaafter apecif"sed,
the principal sum of EIGHTY EIGHT THOUSAND SEVEN HUNDRED FIFTY AND 00/1t1~DOLLARS
(i 88,750.00 )with interest trora date at the rate otEl even pu unt. per annum oa the balance from time to time remaining ttapaid.
The acid principal and interest shall be parabk in lawful money of the United States of ~lmerin at
or at such place as may hereafter be designated by written notice from the bolder to ebe maker hereof, oa
the date and is the manner following:
i
Interest payable monthly and principal payable semi-annually
over a period of four years. The first interest payment beginning
February 1, 1980 and each month thereafter until January 1, 1984.
The first Principal payment of 511, 093.75 beginning July 1, 1980
and every six months thereafter until said principal balance is ,
' •fully paid. .
Thin note with insert:t is secured b~ a mortgage on real estate, of even date buewith. made by the make bereo[ in [avor of the said
Payu, and shall be cowtrued and enforced according to the laws of the State of Fbr;da. The resins o! said mortgage ors br chit reference
made a part bueo[.
If default be made in the payment of say o! the sYms or interest mentioned herein or is said mortgage, or in the perfoctnaap of
any of ebe a reemenb contained herein or in said mortgage, then the entire principal sum sad iccrtted interest shall at ebe option of the
holder hereof become at once due and eolleetibk without notice, time being of the essence; and said principal sum sad accrued inteest
shall both bear interest from ouch time tutW paid at the highest rate allowabk undo the laws of the Sate of Florida. Failure to exer+ciae
this option shall not conuituu a waiver of the rtgbt to e~tetttse the same in the event of oar wbsequent default.
Each person l;abk hereon whether maku or endorser, hereby waives preaeatment, protest, notice notice of protest and ttotia of disc
honor and agrees to pay all cats. iaduding a reasonabk attoraty's,fee wbethu suit be brought or ilt, alter tnaturitr of this tote or default
hueundu, or undo said mortgage, counsel sbaD be empbyed to col~ect this torte or to protect the seeuriry of said mortgage.
Whenever used buein the tesnts "boida~", "maker" and "payee" shall be oowtrued ip the singular or plural as the contort mar
TegYUe or admit. HEBB 8t HENDRIX, INC. -
Atalter's Address .(SEAL)
cc~~~~ /s/ Robert Hendrix ~ ,,,,,(SEAL)
BOA J~?•3 PAGE 112 ~ H'eri'~~'ii
/s/ Earl K. Hebb - (S~,)
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