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~ t0 the same, together wtlh the tenements. hereditaments and appurte-
nances Iherefo belonging, and fhs rents, issues and pro/ifs thereo/. unto the mortgagee, in jes simple.
the mortgagor covenants with the mortgages that the mortgagor is indefeasibly seized of said
land to fee simple; that the mortgagor has good right and lawful aulhorify to convey said land as ajon-
said: that the mortgagor will make such further assurances to perfect the fee simple iifle fo said land to the
mortgagee as may reasonably bs required: lhaf the mortgagor hereby jolly warrants the title to said land
and will defend the same against the lawful claims of all persons whomsoever: and that ,aid land to free
and clear o f all encumbrances
~V ~sf that if said mortgagor shall pay unto said mortgagee the certain promis-
mrv note hereina?ter • substantially copied w identif
ied, to-wtt:
$ ~ . - ~ Fort Pierce, Florida 19
FOR VALUE RECEIVED, the undersigned, jointly and severally, promise to pay to the order of
Iewis E Me~cS and .7oartn~ a R. Meeks s~_ ' fe _
2taelve Zltousantd Five Hundred ~ (512,500.00) DOLLARS,
at P.O. Boot 596, Anttta~ty, FL 32617 or such other piece as
the holder hereof may designate in writing, together with interest from date at the rate of
per centum per annum, on the unpaid balance until maturity. The said principal and interest shall be
due and payable as follows
The principal aarxmt of ZWelve Zttousand Five Huudred Dollars t$12,500.00) !
with interest at the rate of teen (10) percent per annum to be paid in
one Hundred ZW~ertty (120) equal tronthly i.nstalLaents including pr pal and
I interest in the annunt of one Hundred Sixty-five and 19/100 Dollars ($165.19)
I per rmnth e~om~tcing on the 31st day of November, 1980- and on the 31st day
of each and every month thereafter with a final payment on the 31st day of
~ October, .1990. )dyer may prepay at arty time in any anmunt without penalty of
interest.
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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 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 accur-
~ ed interest shall bear interest at 10 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- ~
sty and the same is placed with an attorney for collection, the makers and endorsers hereof agree to pay
al! costs of collection, including all court costs and reasonable ttorney f ~ .
c ~ (SEAL)
_ ' (SEAL}
(SEAL)
8342 p~E 863 _ _ tS~A~,
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