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~o ~iaue itnd to ~otd Ihs same, together with the tenements, heredilaments and appurte- ~
nances thereto belonging, and the rents, issues and projifs thereo/, unto Ihn mortgagee, In jee simple.
end the mortgagor covenants with the mortgagee that the mortgagor is trade/ea:ibl seized o said
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~ land in jee simple; that the mortgagor has good right and law/ul authority to rnnvey said la?,d w ~
jore-
~ said: that the mortgagor will malre such jurfher assurances to perfect the jes simple title to said Land in the
mortgagee as may reasonably be required; that the mortgagor hereby /idly wnrranis the title to said lnnd
arrr! will defend the same against the law/ul claims o/ all persona whomsoever; and thnt said [and is /ree
I and clear of dll encumbrnn~es eXOept that certain First jyprtgage In fawr of Sun Bank
of St. Lucie Cetmty recorded at OR Book 282, Page 2020, and that certain Seoocui
Irbrtgage in favor of High and DYy, Inc., a Florida corporation, recorded at
OR Boo}c 293, Page 925, both St. Lucie Cbunty, Florida, Public Reaorr3s, and taxes
~ subsequc~ait to Dect3nber 31, 1978.
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~ ~rouided ~tways, that iJ said mortgagor shall pray unto said mortgagee the certain promis-
a
sory note hereinafter substantially copied or identified, to-wl/:
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$10,000.00 PROMISSORY NOTE Q , 1979
Stuart., F rids
FOR VALUE RECEIVED, the undersigned promises to -
pay to the order of GEORGE C. CHRISTY the sum of Ten Thousand -
($10,000.00) Dollars at c/o The Condominium Center, 2300 S.E.
Ocean Boulevard, Stuart, Florida, or such other place as the
holder hereof may designate in writing, together with interest
from date at the rate of six (6$) percent per annum on the
unpaid balance until maturity. The said principal and
interest shall be due and payable as follows:
The entire principal balance, together with accrued
interest, shall be due and payable in full on
February ~(Z, 1980.
This Note may be prepaid in full or in part at any
time and from time to time without penalty.
IF DEFAULT be made for thirty (30) days in the
payment of any installment of principal or interest or any
part thereof, the whole sum then remaining unpaid, with
interest, shall, at holder's option, become due and payable
without notice. Failure to exercise such option -shall not
constitute a waiver of the right to exercise the same in the
event of subsequent default. After maturity,• both principal.
and accrued interest shall bear interest at ten (10$) percent
per annum until paid. The makers of this Note further waive
demand, notice of non-payment and protest. If this Note is
not paid at maturity and the same is placed with an attorney
for collection, the makers hereof agree to pay all costs of
collection, including all court costs and reasonable attorney's
fees, including court costs and reasonable attorney's fees
upon appeal.
.S
R D. YCOCK
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