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7 ~ 1W~ the same, togethsr with the ten*menls, heredifamenls and appurfe-
na?tces thereto ltelotegittg, and the renfa. issues and profits thereof, unto the mortgagee, in fee simple.
~ttd the mortgagor cone?tonfs with the mortgagee that the mortgagor u tndejea,ibly seized of said
land to fee simple; that the mortgagor has good right and lawful authority fa convey said land as afore-
said; that fht3 mortgagor will make such further assu?ances to perfect the fee simple titb to said land in the
1 mortgagee as may reasonably 6e required; that the mortgagor hsroby fully warrants the litb to said land
and will defend the same against the lawju! claims of all persons whomsoever: and that :aid land 4 free
and clear of all encumbrances
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~~utds~d ~IUIIlJS, that if said martgagor shall pay unto said mortgagee the certain prom4-
sory note hereinajler substantially copied or identified, to-wit:
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Y 175.,.000.. 00 Ft . Pierce~;d, October...31---• X80
fOR VILLUE RECfIVEp the ta~tdartigetsd promises ro per to ilia order d .
KEY-.REALTY .DEVELO°MENT INC., a Florida Corporation ~
a;~:~tt -.One..-Hundred Seventx_.Five Thousand & yo/100 ~,,rs ts175 , ADO, DD t,
..por pal, por .....until maturity, said mtaest
together wdh irtl.resl Theron 6om eat.. at the .ate d .............14 _ annum
beuy oayabl.......See...below...«~ the day of _ _ and.
each year: both principal and ieNereu bei i able in lawful ma.ay d the United Stales or its egwvaienl, of 82~ POIk St . ,
. •
Hollywood FL 33(~L~~
~ ........:............----......said principal sum to be payable on Ilte dales end in IM amounts speufwd btbw, to-wil:
~ lnterest shall be payable at the rate of 14.,, per annum in monthly installments
commencing one month from the date hereof and payable on the same day of each
month thereafter until this obligation is paid in full. The princ{pal shall
~ be payable-in full together with any accrued and unpaid interest and other
charges or costs hereunder one year from the date hereof.
g y p p penalty.
This obli ation ma be aid in whole or in art at anvt~ime without
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_ Each mater and endorsor severallh waive: demand, prWast and not~cu d rtsaturily. non.s»y~ w t*olesl .oriel ill ~••rµrewrinls necessary ro hob each d
E them liablo as maters and endorsers.
Each ma?or and endorser further agrees. IoiMly end severally, In p..y aN coos d .o1MrcNon, nN-Iwfirtq a ?ersonal,ts aMorney's tea in case Ilse principal d
f - fh~s note or arty PaYteent on the principal a any interest Ihe.ron is not p.Nd a/ that
~ petlivs nw,tur.ty tMwed. or in ._ass it becomes nactssary to protect she
. security hared, whelhor soil be brought a not. ~F
This note end deterred int~~nK shall bear interest al the late of ...._per c.3ns, per anrtutn (ran maturity paid.
This note is secured by a .......mortgage eleven date M.r.~with and is to be corisAni.~ and enkwced atcordmg lolaws d l~te' 'S1a1a d fbrida:
upOrt delauh in the payment d principal andlor interest due on any note secured by said Mprlgege, a~ notes so secured retnainirsg forthwdh
become due and patrable rsotwifhslandinp their tenor. ~ -
1 ~ ~ Seal
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