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~o ~iaue and to Mold IhP same, tagPfllPr wlfh (hP tenements. hP?editamenls and'ap~irte-
/Ia111'PS IhMPrefo bP1011g111g, anll rile rents, ISSllei and profits thereof, 1/nf0 fhP mO/tgagPP, in fPP slmplP-
~nd the mO/tga{tor fol'P/la/lft u~lfll the morfgagPp that the mortgagor is indefeasibly sei:Pd of said
land irl fee simple; that the mortgagor has good right and lawful authority to convey said land as aforP-
sai11; Ihal IIIP m~r~ryagor will malre such fl/?fher assurances to perfect the fee simple Iflle fo spill land in the
mortgagee as may reasonably 6e required: that the mortgagor hereby fully u~arranfs the title to said land
and will dPferlll the same against the lawful claims of all persons u~homsoel'Pr; and that said 1a11d is free
and clear a f all encumbranres
~rouided always, that if said mortgagor shall pay unto said mortgagee the certain p?o/nis-
sort' note hereinaf ter subs?mltially copied or identified. to-wit: j
= 3 L t 25.00 _ Fort Pierce, Florida June 2. 19 80
FOR VAi.UE RECEI1y'ED. the undersigned, join(ly and severally, promise to pay to the order of
____~ORIL'A BANK AT FORT PIERCE _
_I~'TY C~:E THOUSAND ONE HUNDRED TWEi1TY FIVE AND NO/100 (31,125.00)------------ DOLLAIi3,
at :Q1 Crange Avenue, Fort Pierce, Florida 33450 r
or such other place sa
the holder hereof may designate in writing. together with interest from date at the rate of 18.00%
tier centum per annum, an the unpaid balance until maturity. The said principal and interest shall be
Mlle and payable
The entire principal amount of x31,125.00 plus accrued interest during ~ after
construction shall be due and payable at maturity date,August 31, 1980.
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If default be made for days in the payment of any installment of principal or interest or
~Iny 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 sccur-
ell interest shall bear interest at 18.00% per centum per annum until paid. The makers and endorsers
I~f 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, including all court costa and reasonable attorney fees.
g~~32 p~1564 /S/
R ar ee (SEAL)
_~u^~entary Stamps and Intangible Tax (SEAL) s
~ :,~eceipt has been paid with the proper ~o yn r ee (SEAL
_-.'_arp and receipt and affixed to the
• • ~-a~_e secure: Y:ereby. (SEAL)
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