HomeMy WebLinkAbout2293 t ~1V~d the same, together with Jhe tenements, hweditaments and appurte- }
nances .thereto belonging, and the rents, issues and profits thereof, unto the mortgagee, in /se simple.
7iliY the mortgagor rouenants with the mortgagee eha! the mortgagor L t~dejeasibly seized of said
land in fee simple; shat the mortgagor has good right and lnwjul authority to convey ,aid land m ajorrr-
snid: that the mortgagor will males ouch further assurances to perfect the jes simple title to said land in the
mortgagee as may reasonably be required; that 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 jrte
and clear of all encumbrances except taxes for the year 1980. and all sub-
sequent years.
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~t'OUI~ ~INdlJS, .That if said mortgagor shall pay unto said mortgagee the certain prom4-
sorp note hereinafter substantially copied or identified, to-wit:
45 000.00 r
~ ~ Fort Pierce, Florida _ Anr; 7 7 K, 19
r'OR VALUE RECEIVEI?, the undersigned, jointly and severally, promise to pay to the order of ~
STUB 1{EGT~MAN and EMII,Y I~L,It, his wife,
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Forty-five ~ousand Dollars {$45,000.00 DOLLARS,
at~24 Southeast Starflvwer Road, Port St. Lucie, Florida 33452 or such other place as
the holder hereof may designate in writing, together with interest from date at the rate of 14$
per centum per annum, on the unpaid balance until maturity. The said rincipal and interest shall be e
due and payable in 360 equal monthly installments of Five ~ Zhi.rty--three Dollars
atyd 20/100 ($533.20 , oamrn~cing on the 16111 clay of Suly, 1980, and on the 16th day
of each suooeeding month until fully paid.
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If default.be made for ~ daps in the payment of any installment of principal or interest or
any part thereof, the whole sum then remaining unpaid with interest shall at holders option become
due and payable without notice. Failure to exercise such option shall not constitute a waiver of the ~
right to exercise the same in the event of subsequent default. After maturity both principal and occur- ~
ed interest shall bear interest at 14$ per centum per annum until paid. The makers and endorsers
of this note further waive demand, notice of non-payment and protest. If this note is not paid at matur-
ity and the same is placed with an attorney for collection, the makers and endorsers hereof agree to pay
all costs of collection, incclucding all court costs and reasonable attorney #ees.
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KJ~i7 PAGE~~:.~1 /s/ om P. Agrawal ,
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