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i0 ~t ~ LO nV~~ the same, together with the lenemenfs, heredifumenfs and appurfe•
??a??ces Ih,~P,re/ to belonging, and the rents, issues and profits Ihereo(, unto the mortgagee, to fee simple. _
the moNgagor co?rnants with the mortpagee Ihaf the mortgagor is inde%asibly seized of said
Land in fee simple; Ihaf the mortgagor bas good right and lawful authority fo rnnvey said land as ajorr-
said; Ihal IhP mortgagor will make such further assurances fo perfect the lee simple title fo said Iand in the
mortgagee as may reasonably be requinrd; that the mortgagor hereby /ully warrants fhs title to said lend
and will defend the same against the lawful claims o/ all persons whomsoever; and that said land is free
and clear o/ all encumbrances
~rrouided ~tways, that i/ said mortgagor shall pay unto said mortgagee the certain promis-
sory note hereinafter sub:fantially copied or identified, to-wit: -
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~ 26,700.00 _ Fort Pierce, Florida September 15, 19 80
FOR VALUE RECEIFED, the undersigned, jointly and severally, promise to pay to the order ot_ ,
~ FLORIDA BANK AT FORT PIERCE
yENTI' SiX_T_FIOt1SANQ SEVEN HUNDRED AND NO/-100 (S26,700.00)-- DOLLARS,
at_ 501 Orange Avenue, Fort Pierce, Florida 33450 or such Othet place as
the holder hereof may designate in writing. together with interest from date at the_rate of 16.00$
per centum per annum. on -the unpaid balance until maturity. The said principal nd interest shall be ,
clue and payable The entire principal amount of $26,700.00 plus accrued ~nterest
.3liring and after construction shall be due and payable in one payment at the
^,atitri ty date of December 14, 1980.
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! if default be made for 30 days In the payment of any installment of principal or interest or
any part thereof, the whole sum then remaining unpaid with interest ahal~ at holder's option become
~ due and payable without notice. Failure to exercise such option shall not constitute a waiver of the
,right to exereise the same in the event of subsequent default. Alter maturity both principal and accur-
eci interest shall bear interest at 18 per centum per annum until paid. The makers and endorsers
of this note further waive demand, notice of non-payment and protest. If this note is not paid at matur-
ity and the same is placed with an attorney for collection, the makers and endorsers hereof agree to pad
all costs of collection, including all court costa and reasonable attorney tees.
n. •umentary Stamps and Intangible Tax /S~ ,q. A,; ~ _ /'F ~ d (SEAL)
~ Ftcrceipt has been paid with the proper Danie A. Pee e
~;t.-?mp and receipt and affixed to the (SEAL) `
~ "•1,~rt~~age secured hereby. ~ (SEAL) ~
~JV PA6f {$EAI.)
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