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~Ci1Ut~p~1 ~11111~1J,~. tl~at if sni~l ,-1ti,rtga~'or sltctll• /~aty ttitto th~~ sai~l .,'lfortg«~~-e
tlee certain pro~nisso~~J nulr~, ~~/' r~~%tcit tlee j'ultu~~~in~ iii ~rcla~ u~~l jlg~~res rs n true cu/~~,
tu wit: ~ '
s.38,,00_0.._0.0 Fort Pierce, Dec mber 24 ~~Q
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.. Ao.~.~:............ .......
FOR vAIIJE RECENED ~M wd~rHYo~d aowi~ fo p~r ~o ~M wda of .
RICHARD W. STARR, JR.
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,h.a;M;~,w„ ThirtX-Eight Thousand and no/100-------------- 38 000 00---
ol............ .......... .... ................... ........................._.._._... ~d~s.~ ts .. r ~ 1
~opNMr wilA iMUe~1 tl~eon I.au deN. al tM rah d....~IAIS.a..Y.£.....~.~.~~....._........Pw orM. P.. _-.--anr~u.m . ..... .. ........ .....~~;~ .~w~r.KaY~C~t
~rar-isKi~x ........................ ....... . .....a~~wc . .... .. .... . u.Y~r. ...... .. _ xaeu.. .. .. .
X~~bo11~ pincipal ~nd intM~s1 bsin9 paYabl~ in lawfVt mon~y d Ihe UniMd Slsl~s a ils eQuivabM. M X4S~..~a~~t ..~C~~Y~~$S .. . ..
Q.~... pay.ee.. ...... _ .. .. ................ ....... ........_.........................~.~a ~.,~a~ sun~ fo b~ WraM~ on ~M da~~s aed in tM ~noun~s spsu(~ed b~low, ~o-wi~:
This note is made payable in three (3) annual principal payments plus
simple interest on the unpaid principal balance at twelve percent (12$)
~'~"' per annum as follows : . C,.,
~. (1) $12,666.66, plus interest due on the 24th day of December, 1981.'
~ (2) $12,666.66, plus interest due on the 24th day of December, 1982.~~
(3) $12,666.68, plus interest due on the ~th day of December, 1983.~~
~ T'his note may be prepaid in whole or in part without penalty. ~~
Each nute. and endws~r w.~e~~lh~ waires d«n~nd. aa.u s~d na~c. d n+.wrihr. non-Wrawnl o~ pw~st and aM nquir~nwdi ~usss~r M hold NcA d
~AcT liable ss matias and endorsers.
Each ~na~~r snd endorser fur~Mr ayr»s. ioamfy and seva•Nr. lo wY sN <osti d colbc~ion, inckidi~g s nrwnaW~ Nlan~s iM in cas~ Ih~ V~~D+~ d
tfus note or anY wYmenl on IM W~nc~pil or any inrw~sl ~herson ii eol ps~d ~I IM nsp~ctiw rwNurify tMrwf, w in cas~ il bKO~s n~c~ssarY b OrW~cl IIM
frcwitp hereOf. whllher suit be ~f/OU9h1 O- 1101.
This nw~ and d~(erred int~tst payma~~s shsll be~r iM~res1 a1 Ihs ~sl~ d_"'.~..~~r ~.~' -Pv oaM. Per arrw~ ko~ ~lwitr uMi) psid.
ihis nWe is s~cwed bY a.~•XS.t._...._.n~alpsye d~wn. da1~ hawv~tA and is Io b~ consln~d and ~nfo~ad ~ccordirq to tM bws d tM 51a1~ d Flw~ds;
uoon delauU i~ ~ha paym~r d p~~nciDal andlor iMer~sl dus on any nW~ s~cw~d b~ ss~d MortQsQ~. a4 wwn so secur~d ~-d r~aininy wp~id sh~U falAwdb
bncon+a due srd wYable notwdhs~andinp 1hr'v I~nw.
#and said default oo~tinues for 30 days /s/ Jeffrey S. Furst
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Jeffrey S. Furst~~~~~~
..........................__.__.._..__....._._.. _ ..._....._......._........._.._.......------..........---...............-~---........---........ ts.~n
arrc! xhc~ll J.~rjo~m. ~u~~iplq ti•itle ~t~ic/ ~t~-i~l~ h~~ e~teh u~td et•erJ the stipulalions,
a~reentents, conditiorrs and covcnanfs of said J~romissor~ note and uf Uiis deed, therr
this deed and tlce estute hereLJ created shall cease ~incl Le nrcll acfi~l void.
,t~jtl the said .,ltort~agor kereby covenatnts and a~rees:
.I. T~, p~y ull ~tnd sin~nlar th~ ~ri~t~ipal nn~1 in.t~r~~et and nthF•r si~nts n/'mo~reJ
j~a~ah[e I-r~ ~~irtu~ nj sui~! prn»i~ss~,r~~ n~t~ ~~~i~! t/tis .Ir~•~J, ~~r ~~itJr~~r, pr~~i~tplly n~i 17rf~
~l~y~s re4J~e~tii~c~ly thc su~n~• scr~erallJ ~•~---ee ~!-r~.
~. Tn p~n~ ~ill u~i~! xiii~iilur thc tux~~s, ascc~xsm.~•nts, !et•i~~~. (iuhiliti.•., ~~/~/ic~uti~~ns
~rn~l. encrent~ir~naces vj encrJ ir~il ~tr~~ uit sai~l d~~srribed ~uoprrt J c~a-•le a~r~l ec•rri~, ~~n~l
if th,e sQme Le not promptlJ paid the said ~lortg'a,g'ee maJ af crnJ time paJ the sanae
without u~aiain~ or ajj'ecting tlie opti.~n to forec.lose or any rigfrt herercnder, ancl ererrJ
pacyme~at so mcule shall bear interest from the date thereof at the rccte of twelv~e (12)
per eent. per annum.
J. 7'o pay atl and sin~ular the c~~sts, clirir7~•4 an~l rxnr»se.. int•lruli.ng tauu~/~r's
fees, reaso~acbly incurred or pciid at any time by said .~tort~'a~ee Lecai~se of the failure
on the part of the s~cid .~lortga~'or to perform, complJ rc•itlr, air~l aLi~le by ea~h a-td
everJ the stipulations, a~reements, eonc~itions and cor~ena»ts of cai~l ~~rumrssorf n.ole
and lhis deed, or either, and every sicch payment shall Lear interest froria date at tlee
rate ofn,aelve (12) per cent. per c~nnum.
,~. To kePp che btiilcling n~~u~ nr h~rcajt.er n~~ 4~lid /u~ttl ii~sr~red in n~uni n~~t
l~;sstfu.~~~ its highest insurable value--------------------------------
-------------------------------------U~,llurs, in a cum.pariy ~~r rnnr.parri~~s t.~
be ctpnroved bJ sceid .~iort~cc~ee, and the polic~ or policies held hy and ~ya,ble to said
.~lort~'agee, aad in tlie er~ent uny srcnt of ntonoJ becomes ~~aJablP under such policy or
policies, the .Aior[~u~ee sluall have the option to receive and upplJ the same on uccou,nt
of the indebtedness h~rebtj secrcred or to permit the ~i~tortgagor to receive ar~cl use it, or
an~ part tleereot; for ot/aer purpoges, wi`,horct thr.reby i~•ai•Ui~g or inzpairing anJ equity
lien ar ri~~ht uncler or by uirtue of thi,s mortgage, and may place and paJ for srcch
insurance or an j part thereof, withorct u•aiutng or af~ecting the opti,on to fvreclose nr
an-y right ltereurcder, and each artd every such payment shall becacr interest front date
at tlce rute of ~lve (12) per cent. per annum..
as~x~~5 Pec~Zi~
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