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Li1Wt ~ W Ilse same, togeflter wills the fe?temenli ?h~~~tament~ Ifhd ~ptute-
nances thereto belonging, and the rents, Issues and profits thereof, unto !hs mortgagee, to fee simple.
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the mortgngor cotenants with the mortgagee that the mortgagor b tndejeastbly seised o/ sold
Innd in /ee simple; shot the mortgagor has good right and bw(ul authority to conoey said lord as a/on-
said; that the mortgagor will maker such further assurts?eees to per/rct the Jee simple tltb to said lord to the i
mortgagee as may roasonably be required: that the mortgagor hereby /ally wamtrtts the title to said land
and wtl! d%nd the same agairut the law/ul claims o/ all parsons whomsoeter: and that said land is Jree
and clear o/ all encumbrances .except taxes subsequent to December 31 , 1978.
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~twayS, tltnt ij said mortgagor thou pay unto said mortgagee th. cwfaiw pnoswts-
so?y note hereina/ter substnntially copied or identified, to-wlt:
i 7866.00 ~ ~ Ft . Pierce ~
ides
FOR VALUE RECEIVED, the undersigned, (jointly and severally, it more than one) prom?ses to par to
HOLIDAY PINES, a Florida General Partnership '
or order, is the manner hereinaftu spccJ?ed,
the prsaeipai sus d SEVEN THOUSAND EIt~I'T h'UNDRED SIXTY SIX ANQ ..*.tQ- _ _ - _1180 DOLLARS
7866.00 ~ wlth Interest troy date at the rated 6.0~ per cent. per annum ow the balance from time to tine relrtaiaiag ttapald.
The s.id principal and Interest shaD be parable iw lawld money d the waited states d Antcriu at 1 5 0 0 0 N i g h M a y 5 4 N e s t
~ e p h r y h i 11 s , F 1 o r i d a or at such play :a ~y bcreatter be designated br written notice (rota the holder to the matter hereof, o.
the date and io the manna foUowring: -
Payable in Ninety-Six (96 equal and ~n t
monthly installments of ONE HUNDRED ELE1~kr~l ~I~y103~~0
DOLLARS 111.20 j including principal and imerest.
First payment beginning sixty days from date hereof
and monthly thereafter until said principal and
'interest due thereon are paid in full.
This note may be prepaid in part or in whole at ,
any time without penalty.
Borrower shall pay to the note holder a late charge
of four percent (48j of the monthly installment not
received .by the note holder within twenty (20) days
. after the installment is due.
This note with intuat u secured a mortgage oa real estate, at even date herewith. made br the maEu hereof in favor of the said
Payee, and shall be construed and enfor according to the laws at the State of Florids.
It ddault bt. made in ebe pararent of iar of tbd sums err interest taentiooed herein or is said mortgage, or in the performance of
as d the s~reeaaenb contained bere?n or is said mortgage, then the entire principal sum and acciutd interest shall at the option or the
ho~der heron( become at none due and coUechbk without noting time being ad the cssenoe; gad said principal sum and ucrued intercrt
shall botb•bear interest from such Time unts7 paid at the highest me allowable under the lays of the State of Florida. Failure to es;ereise
this option sbaD erns e~tutitute a waiver of the ngbt to encrciae the same in the event of oar subsequent default
LuL person liable bueoa wbetbu ma)<er or endorser, bvebr waives presentment, protest. notice rwtice of protest gad notice of dir
honor gad agrees to paI alt cosh, including a reasonable attoraer's toeee,, wbetbu suit be brought or not, i!', after matunt of this ante err default
brxuoder, or under sad mortgage, counsel shall be employed t0 ooUect this note or to protect the security of mid mortgage. .
requ'trt oft eadmit, used ~ herein the terms "boldd', "malud' and "payee" sbaD be oonswed is t~h'e~siaguiar or plural as the content sear t
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