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~ ~o ~iaue ~nd to ~iold l~~e same. loyel~ie~ wIth !he tenements, herediiamen!= and appurte-
nances 1~~ernlo ~~p~on~I~g, an~ the rertls, issues and pro(ils fhereo~, unlo !he mo~lgagee, tn ~ee stmp~e.
~111~ Ihe morlgagor covenanls wit1~ Il~e morfgagee Ihaf Il~e morfgago~ is tnde~eatibly seized oj aatd
land in /ee si~nple: that !he mortgagor has 9ood ~Jght and Iaw/ul authortty to convey said [and aa a~ore-
sai~: IT~at ihe mortflago~ will make such Jurther assurances fo pe~pct !he lee aimple Itf~s fo said Iand in the
morif~agee as may ~easona6ly 6e require~; tRat fhe mortgago~ ~ereby ~u~~y wnrrantt fhe itf~e fo aaid lnnd
an~i u~ill defend the same againat tf~e lawjul claims o~ nll pe~sons whomsoeue~: and thut aaid lancl ts jree
and clear o~ all encum6rances except those tdXeS accrui ng subsequent to
December 31 , 1979.
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' ~~V~d~ ~~~sf tha! i~ said mortgngor ihaU Pay unto tatc~ mortgagee ftie certain pwmtt-
~ sory note ~ereina(!er su61lantially copie~ or idenftJfed, !o-urtt:
uORZGAGE NOTE
= 1,465.00
RAMCO ~ORM 9~
Port St. Lucie ~ Ftor~da
December 10 ~ 1~0
Ft~R VALUE RECEIVED. the undenigned~ (jointly and xvcrally. ii more than one) promisa to pay to
WARREN L. GONDER
. or order. in the manner hercinatter ipecified,
~he pr~ncipal ~um ot ONE THOUSANO F~UR NUNDRED SIXTY-FIVE DOLLARS AND NO/100-------~~~ ~LLARS
(_ ~~465.d~ )~tb intet~tt from datc at the rate ot ~ 2 pcr ccnt. per annum on the balance (rom time to time nmainin6 unpaid.
TFu uid rincipal and intcrest s!-all bc payable in lawful mor~ey of tbe United Stata ot Am~riu at 35~ O He~ EIl St .~ L i ncol n Park ~
M7C~igan 48146 or at such ptace as may hen•aftcr be dcsigna+cd bp written no~ire from tfie fiolder to the mater h~rewl~ on
th~ date and in tht manner (ollowins:
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This note sha11 become due and payable in one payrnent of 5i,465.00, plus interest,
on or befare June 8, 1981.
THE MAKERS RESERVE TNE RIGHT OF PREPAYMENT AT ANY TIME WITHOUT PENALTY.
Thi~ note with interest is secured by a mortsaRr on real estate~ of cven dat~ her~with_ made br the maker herto( in favor of the ~aid
Uay~e~ snd shall be con~srned and enforccd according ~o the iaws of the Sute oi Fbrida.
It default be made ia the payment of anr of the sums or intere~t mentioned herein or in said mo~taase, or in the pedormance oi
any o[ the : reements contained hcrein or in wd mort6aat, lhen tbe entire prinupal tum and acuued intetest shall at the ~ption oi the
holder hereo~ become at once due and colkcubk without notice, tiau bein~ of the essence; and said ptinupal ~um and accru~d intercst
ihall both beu interest from :uch time until paid at tbe higheat rate allowabk under the lawt of t6e State ot Fbtida. Failure to c~eercise
~his optian sha11 not constitute a waivu of the rigbt to exetcix the sune in the event of any iubsequcnt default.
Eac6 perwn liable hereon whether mater or endorur, herebp Mrsives presentment~ protett, notict~ notice of protest and notice of di~-
F~on~r and agtti to pay all costf. including a teasonable attorney't fee~ wheth~r suit 6e brought oc ~-ot~ if, after maturitp of lhis note or default
L•r~under, or undu uid mortgage~ counstl ~haU be empbyed to colket thii note or to protea the xcurity of said mo-tgage.
Wheoever us~d hcrein tbe temu "holdet", "makcr" and "payee" shall be construed in the singulat ot plural as tAe conteat ~nar
r•qui~e or admit.
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417, N . E . Armory-- Ci rcl e, Port...St.....I..uGi.e_,...FL .... . ........... .. .. . . ...... .._......_... .~.....~se~L~
~3a~52 ......................... .- --.-.----~ - .......-e~~3~~J~ PaG~~ ~~
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