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~o ~iaue and to ~lotd the same, fagelher with the tenements, • hereditamenta and appttrts-
nances thereto belonging, and the rents, issues and roftis thereof, unto the mortga ee, in ee sim le.
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the mortgagor couenanls with the mortgagee that the mortgagor is Indefeasibly seized of said
land in fee simple: Ihat the mortgagor has good right and lawful authority to convey said Land as ajon-
said: that the mortgagor will made such further assttroncea to perfect the (ee simple title to said land in the
mortgagee as may reasonably be required: that the mortgagor hereby fully wamtnls the title to said land
and will defend the same against the lawful claims of all persons whomsoever: and that said land t: free
and clear of all encumbronces excpet those mentioned above and taxes accruing subsequen
December 31, 1979.
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~1'ouided Always, that if said mortgagor ihaU pay unto said mortgagee the certain promi:-
~ sory note hereinafter substantially copied or identified, to-wit:
i.
MORTOAO(E ltOTi
X3,500.00 Ft. Pierce, ,Fonda
May 5 - . !9 so
FOR VALUE RECEIVED, the undusi~ntrd, (jointly and te~Yrally, if more :Kan one) promise: to pay to
LON F. PARSONS
- ~ o< order. in the manner herciadter specified,
tee principal wm of FORTY THREE THOUSAND FIVE HUNDRED and 00------------------------/loo DOLLARS
ti 43,500.00 with ieteret Crow date at the rate of 14 per cent. per annum oa the balance from time to tithe remaitties unpaid.
The said principal and ietetsat shall be payable ie lawful :tansy of the United States of America at
or at wch place as may herrafter be drsignated by written aotae from the bolder to the maker hereof, can
the date and ie the tttattncr follov.ia~:
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Face amount of this note and mortgage payable
with interest thereon, from this date, at the-
' rate of Fourteen per cent (14x) per annum in
360 monthly installments of = 515.43.
First installment shall be due one month from
the date hereon.-
e
- -The maker of this note reserves the right to
~ - prepay,-in part or whole, at any time, without
penalty. _
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this twee with interest a secured ~r a mortsage oe r4al estate. of even date herewith, made by the maker hereof is favor of the said
payee. std sbs11 be oatstrued and enfot~ad acoordit~ to the 4ws of the State of Florida. 1'Ae tetras oI sasd mo~rtSase are br this refereacc
made a part herto(.
II defauk be made ie the paymeet o! aey ai the seems a< interest mentioned bcreia or in said trtortRaRe, or in the performance of
any of the au coetsitteod herein or ie sssd mortsais, then the satire principal sum aed seeresed intctYSt shall at the option, of the
holder hesnal beooswe at onoe due std oolkcu'We witbont uotia. tiwe beityt of the esseacs; sad said wm sad acerued saterrst
shall both bear ist~est !rase welt fists ttati! paid at the hi~hat fate allowable utder the bws of the tate~~
Florida. Yai)ure to atercise
F this option shall stogy' contitute a waiver of the siSht to tatercise the ame io the evewt of say wbsegra?t default.
Each Person liable h:reoe whether maker or endorser, hereby waives preeentmatt, ptrotest, notice notiu of protest std ratite of dis•
eooor asd agrees to pair ap Doss, iwdudite~ a srasonabk attorney's fee. whether wit bs bratsht or trot, i!, after maturtt of this rate or defsulc
hereuedetr. or ceder rad mortjtt;s, oouasel :hall be anpbyed to t:olkct this note ter a protect the seeurity of tsid ntortKaKe.
Whenever wed herein rho terms "holds:", "maker' std "Wyse" shall be ootwrued ' clan or,pletral as tae cowtest rosy
roquire a admit. .
)taker's Address ~7 ~ .............(Sl•:AL)
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