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TO XAV1~ AND TO XOLD the aafne together with the tenements, hereditan~snta, and appws
tenagues, unto the said Mortyaps~..., and aasiy»a, 1~
. AND the said Dlortyapors_, for tt,aett and tt,pt r heirs, legal rsprssentativea
and assigns - ~enan# with said 1[of~apset:~r~.,~+. legal representatives awd
aaai~pna #hat said MortQayorllr, are iffdef
eaibty seised o1 said land in f
es simple that
the said Mortyapor s ~.rn power and lawful right to convey said land in fee sifnpls
as aforesaid; that it ahaii be lawful for said MortBayse legal repreaenta-
tivss and assigns, at all times peaesably and quietly to enter upon, hold, occupy steel eaioy said land;
that said land is free from all encumbrances; that said Mortyagor~, and
legal reprsaentativea, u+dt snake sueh fwtker assurance to perjact the Ise simple title to said laid
in said Mortgage legal repreaentativsa and aaaiQsea, as may reasonably be
rsquircd; and that said Mart9aporr~. ~ kareby fatty warrant the title to said land and
well defend the cams against the lawful elaifns of sell persona whomsoever.
PROVIDED ALWAYS, that if said. Mortyayors, t}ri r lkiem, legal rapresttntatives
or aaaiyfla shall pay unto the said I[ortyayas-, its twat rspresentativea or assigns.
the esrtain promissory Hots-, of which the following in words and figures ~ a trw -
cop~~ to-wit:
s...-.10, 000._OD-• Miami. Ila.ida........ 0!~t..... 31....__................... ~9 80.-..
ft~R VAIUE RECEIVED tM ursdersigned promises to par to the order d
........................_-...-_...._.._Cosiros._Deyeloping. Association.-..Inc.. -,a--Florida _~rporation
the principal sum d.--... Teri Thousand Of1~00 cellar: ~s 10, 000.00 1.
_ ......w..............-•----....._...._
. .
I! together with interest Hereon (ram date, M the rate d........ eleV!E''n _-(ll) ...._.-per cent, per......-..-... wMil matwily, said interest
b«np paysble... monthlY..._ ...............on th.....
let-._ der d..April,-_-1981-, aTld-.-the 1st a4~Y..pf. ey!e~-Y -subsequent iron
~
each rear; both principal and inrwest being parable in lawful money d the United Ststes or its epuivalent, st.. . -
~ ....said pr•nc~pal sun? to be paYabk on 1M dates and in the anKwnts specd~ed btbw, to-wit:
i The sun of $217.43 on April 1, 1981 and a similar sun for the next 34 payments.
The payment shall be applied first against interest and the balance against ~rin-
cipi3l. The remaining unpaid balance shall be due and payable on the 36th payment,
together with any interest thereon. - ,
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This no*.~e may be prepaid in part or in full without any penalty.
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Exh maser and endorser swerslh wanes demand, priest and notKe d maturity. nort-payment or protest and a? reouiremenls neCessarr b hold each of
E Them liable as matters and endorsers.
Esch rwatter and endorser lurthr agrees, jointltr and severally, to par sN costs of cdleniort, inchrding a reasonable attorney's lee in use the principsl of
- this notes arty wYmed on tM pincipal a snr imerest thereon is nd pad at the respective matwitr shared, or in case it becomes necessary to prded the
security hared, whether suit be brought a not.
This nee and dderred i~ta~ffsf.pa~~ments shall bear interest al the tale d..-.._ll
...............per cent, per annum from maturity until paid~
ibis ode is secured by a Ctllm.........mortyage el even date herewith and is to be constrwd and enforced xcordinq to the hors d the State d Florida;
~r' upon defeats in the payment d principal andlor interest dut on soy note secured by said Mort4sge, all notes so secured and remaining unpaid shall lorthw~th
become due sod paysble notwithstanding their tenor. i •
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and shalt perform, comply with sad abide by each a»d every the stipulations, aflreemente, con-
ditiona and covenants of said promissory note~and o1 this deed, then this deed and the estate
thereby created shall eases and bs fads and void.
~ A11~D the acid Mortyapor~, for elves and their heirs, legal
rspreaentativea and assigns, hereby covenant.- and agree:
BOO c~.'I~tG POGf~~ •