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i0 ~ W ~W Ihs same. together wtfh Iha tenements. hvndtfamenls and appurte
nances thereto belonging, and the rents. tuuea and prajita thereof, unto the mortgagee, to jN attreple.
the mortgagor couenana with llte mortgagee that the mortgagor to tndejeaaibly aetsed of sold
land to jN atmple; that the mortgagor hat good ?ight and lawful authortry to convey seed land as ajoro- i
said: tha! the. mortgagor will mare such jutthe' assurances !o perjed the jN stmple title to aatd land to the
mortgagN a: may reasonably be troquired; lhnt the mortgagor hereby fully tr,ananb the title to said land
and will defend the same against the lawful claims of all persona whomsoever: and .that add land to fns e
and clear of all encumbrances except those taxes accruing subsequent to December 31,
1979.
~~u~ded ~IUII f S, that ij said mortgagor shall pny unto said mo.tgagN the eertnin protsela- !
sory note hereinafter substantially copied or identijierl, to-wit:
MOi GAGE ROTE ~ - RAMCO !•ORM 51
= 2 ,000.00 Stuart ,Florida
October 8 19 80
FOR VALUE RECEIVED, the undenigned, (jointly and severally, if more than one) promises to pay to
BAXTER J. HILL and MARGARET HILL, his wife
, or order, in the manner hereinafter specified,
the principal sum of TWO THOUSAND DOLLARS AND NO/100----------------------------- X100 DOLLARS
2 ,000.00 )with interest from date at the rate of 12 .per cent. pet annum on the balance from time to time remaining unpaid.
- The said principal and interest-shall be payable in lawful money of tl~e United States of Amerin at 129 Loop Road, Henderson-
vi 11 , N . C . 28739 or at such place as may hereafter be drsignatcd by written notice from the holder to the maker hereof, oa ,
the date and in the manner following:
Payable in Thirty-six (36) consecutive monthly installments of X66.43, beginning
November 10, 1980, and each month thereafter until said principal and interest
~ due thereon are fully paid.
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~ THE MAKERS RESERVE THE RIGHT OF PREPAYMENT AT ANY TIME WITHOUT PENALTY.
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'This note with interest is secured by a mortgage on real estate. of even date herewith, made by the maker hereof in favor of the said
payee, and shall be construed and enforced according to the laws of the State of Florida.
If default be made in the pa~Tnent of any of the sums or interest mentioned herein or in said .mortgage, or in the performance of
any of the agreements contained herein or in said mortgage, then the entire prinupal sum and accrued interest shall at the option of the
holder hereo[ become at once due and collectible without notice, time beingg of the essence; and said principal sum and accrued interest
shall both bear interest from such time until paid at the highest rate allowable under the laws of the Stile of Florida. Failure to exercise
this option ~ shall not constitute a waiver of the right to exercise the same in She event of any subsequent default.
Each person liable hereon whether makcr or endorser, hereby waives presentment, protest, rwticet notice of protest and notice of diet
_ honor and agrees to pay all costs, including a reasonable attorney': fee, whether suit be brought or not, if, after maturstr of this note or default
hereunder, or under said mortgage, counsel shall be employed to-collect this note of to protect the security of said mortgage.
Whenever used herein the terms "holder", "maker" and "payee" shall be construed in the singular or plural as .the context mar
require or admit.
Maker's Addreu ~B~.,,JJQ}~...Q~~..ASTQ~~ ..............................:.............(SEAL)
.JOHN THEODORE ASTOLFI
• .........(SEAL)
253 Villa St., Stuart, FL 33494 ee~~
- - gUilltt)~ PAGE ~,.9 ....(SEAL)
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