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i~ ~o iiaue and to ~iotd the same, together with the tenements, hereditaments and appurte-
nances Iherelo belauging, and the rents, issues and profits thereof, unto the mortgagee, in lee simple.
the mortgagor rnvenants with the mortgagee that the mortgagor b indefeasibly seised of sold
land in lee simple; shat the mortgagor has gout[ right and lawful authority to Conway said load as afore
~I said: that the mortgagor will mnke such further assurances to perfect the fee simple title to said land in the
mortgagee as may reosonably be required: thnt the mortgagor hereby fully warrants the title to said land
and will defend the same against the lawful claims of all persons whomsoever: and that said land is free
1 and clear of al[ encumbrances except real property taxes subsequent to
December 31, 1979.
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~ ~roV(ded ~twayS, thnt if said mortgagor steal[ nay unto said mortgagee the certain promis-
~I sory note hereinafter substantially copied or identified, to-aril:
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FORM f01 rROMIS9ORY NOTE
s 10,650.00 Stuart, Florida February 18, 19 80 ,
FOR VALUE RECEIVED, the undersigned jointly and severally promise (s) to pay to the order of
CHRIS ERNESTON, JR., and DORIS ERNESTON, his wife, ~
at 7003 Pinetree Lane, West Palm Beach, Florida 33406
or at such place as the holder(s) of this note may designate in writing the principal sum of
--TEN TAOUS~ND SZX HUNDRED PIF1'3C end >nQ~100--------------------- -
DOLLAB3
together with .interest thereon from February 2? ,19 80 at the rate of 10 96 per annum on the
unpaid balance until paid.
Payable as follows: 'In equal quarterly installments of $ 484.83 , which
includes interest, with f3.rst warterly installment due on the 2? day of.
May, 1980, with quarterly installments of the same amount due every three (3Z
months thereafter until February 27, 1988, on which said date, the ent=re
! unpaid principal balance and any accrued interest becomes due and payable. Each
such quarterly payrtent shall be applied first to the payment of interest on the
~ unpaid balance, then to the payment of principal. The privilege of making
payments in advance of the due dates without penalty is retained by the maker.
If default be made in the payment of any installment under this note, and if such default is not made
good within 30 days after due date the entire principal sum and accrued
interest shall at once become due and payable without notice at the option of the holder(s) of this note. Failure
to exercise this option shall not constitute a waiver of the right to exercise the same at a later time for the same
default or for any subsequent default. In the event of defaults in the payment of this note, and if the same is
placed in the hands of an attorney at law for collection, the undersigned hereby agree(s) to pay all costs of collec- ,
lion including a reasonable attorney's fee. Presentment, protest and notice are hereby waived.
ti F~,RTH TNyF.RTMFNTS ASSCICIATES (SEAL) .
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~ V ~~rl ~yL ~ ~a .mac. (SEAL)
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