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~ruuilpd ~lu~tt~a. tlrat if sni~l .-ltort~,sa~nr shall puJ r~irto t/rr• saicl ,?ITort~s~~g~•e
the ccrtain pr~~nticsur~ ,~or~~, n/' u~%u•!i tlee ji~llur~•t;i~~+ i~~ ic~urtls un~l ~i~it.res i,r n tr«c< cup~,
to wit: -
3 2.000_,.00 . . . .. . . . ........ .. Fort Pierce .w ~o.;d, . .JanuarY.......... ._.. .. . ~9 81
...............
iOR VAUIE RE~EtVEO iM w~d.ruo~.d p.on~;se: ro pay ~o ih. «der o1
WILLIAM R.R...~AX~~.....d~?.d _RUTH...L,....H11YES_r his wife_,..
iAe p~~ntipal suw d.`I'.lel0....`j.'t1Q.LiwSt;i.1aC~.....dAS~....~1Q~a..QQ'.-.'.-,~,---_-~~-~--~_--_-- Dollars IS z~ UUU . QD--__).
u,pe~Ae. w~lh iN«~s/ ihtraoe frMn date. al ~he rate d~1C~.~I.V~.....~.~.~ ~.._ .............Der c~nt. Per annum ... ... ... ~,~;I matw~ly. sa~d ~ntK~~l
~.~9 r~Yaa. mo.n.thly .. xoxMx acxx ... .......... .. xac..
ertA y~ar. both principal and iMaesf ~ein9 payabte in lawlul money o1 Ihc Uniled S-a~es a its equival~nl, a1 resident address Of payee
.... ..... ........... ..said Pr~ncipal sum to be paYa~k on th~ ds~~s and in the amounlf spec~f~ed balow. fo-w~l.
~ ~is r~te is payable in m~nthly installnrents of Fifty Dollars ($50,00) aam~encing one
nnnth fran date and rronthly thereafter for t~aelv~e (12) m~nthly instalL:~ents. Upon
,~ the camiencing date of t~aelve (12) months fran date hereof, the entire principal
balanoe plus acc~mulat~d interest, if any, shall be due and payable in full. Said
~ instalL~nt includes interest at tw~elve percent (12$) per annun on the unpaid
~~ principal balance.
Each installment first shall be applied in payment of the interest and then on the
wipaid balar~oe of the prir~ipal si.n~. _ -
Zhis r~te may b~ prepaid in whole or in ~art at any time without penalty.
E.+ch malrr and e~do~ser s~ve~ally wa~.es dema~A. pores~ and n~1~ce o matwitY. ~•paYment or pol~sl and ~II reWwanenls n~cessarY to Aold sach ol
~Aem I..+bk as ma~c~s d~d endorseri ' '
Fach maler ind en.lwser Iwrher ag~ees, ~wntly and sere~allY, ro pay all cous o! collecl~on, includ~np a r~asonabl~ anornsy's lee in case ibe pincipal ol
rh~s no~e o~ anY parmen~ on tAe pnnc~pal w any .nteresf Ihereon ~s ~01 p~~d a~ Ihe reipect~w maewdy ihereol, w ~n cas~ ~t becanes necefsarY lo polecl 1he
s. cw~iy h~Yro(. wAelher iwt be brought a nol
Th~f note and delc~rcd ustereil paymenls shall bear ~nlerest al Ihe rale of .tyac.]_Ve.per cenl, pei annum from matwily unlil paid.
Th~~ nole ii secwed by a SeCOnd ..morlya9e ol even dale herew~th and is lo be constr~sd and enlorted xcotd~nq lo IAe laws of Ihe Slal~ d Flo~~s.
~,nw~~k•leul~ m Ihe p~ymenf d pnnupal andlor ~nlerest duc on any notc sccurcd by sa~~ Mw~gege. all nolst so ~~cwsd and remain~nq unpaid s6a11 forthw~~h
[x~comc du.~ and paY~e nofwifhsisnd~nq their lenar , r
/ .-
and said default vontinues for - . ~ ~,~,. ~ ~ '
* .. -~--- ~ .
.r. .
. .. ... L ... . ...... . ....... .. . ... ~ .... . . . . . . ( Sesl l
• - ~ cK " i ~
fifteen days (IS) ~ ey . Goodman
...... ........ ..............................__.......... ts~,i~
nnd shuJl per~'o~nt, ~~~»~pl~~ icith turd «l,icle LJ P~ch ancl et~ery the stipttlalions,
a~reements, co~tditions and cocenants of said promissory nofe an~l of this deed, then
this deed and ~tlce estute hereLJ created s/iall cease cind Le n~tll antl i~otd.
,~Ilil the said .,)fort~«~sor leerebJ covenants and a~rees:
_l. To puy uU unc! xi».~tular t1rr~ nrin~innl nn~l int~r~~et un~l ~-tlr~~r sunts ~,/' nao~ieJ
~,aJutile by r•irtuc ~,j sui~! prn~niss~,r~~ nut~~ ~r~i~! this ~l~•~~~/, nr ~~it/rrr, 1-rnr~rptl~~ ~,ir th~
daJs respc~tir~cl~~ tltc surn~~ sei~~rallJ ~•ni~« dt~~~.
~. Tn pn~ all ~r~iil si~~6r~lcrr thc tax~~s, ncsess~n.~~n/s, !er•i~•s, liuhiliti~•~, ~~hli~utt~~nc
~~i~~l encunabrances oj cr~crJ ~~~~tur~~ ~~-r s~riil ~Irs~•ril,ed JiruJ~~~rIJ ~a-•li nnd ec•~~ri/, ~~n~l
if the same be not promptlJ paid the said .~lort~ag'ee mccJ at anJ ti~ne paJ the sanae
without ivaivin~ or 2Jj'ecting the option to forec.lose or a~zy rig)rt her.ert~rder, an~l et~e~~J
payme~at so m~de shall Lear interest from the date thereof aL t)ie rate of twelve (12)
per cent. per annum.
~. ?'o pay all and sin~ular the c~~sts, char6~•s an~l rxp~i~xes, i~r~•Itultng latvryer's
fees, reasonacbly incurred or paid at any tinae by sctid alortga~ee becar~se of tlie fQilrcre
on the part of the said ~fort~agor to perform, complJ u•iih, a~rd aGi~te LJ each aiad
ei~ery the sti~~rclations, a-~reements, conditions and ~ot~erta~tts of sttid promissorJ nofe
acnd tlii,s deed, or either, ctnd every sccc/i payme~at slucll Lear interest from rlute at tl~e
rate of twelve (12) per cent. per annunt.
,~. To kec~p tite brcil~lin.g n~~u~ ~-r li~~r~ujt~r nn s~~ic! lund ii~surecl in a sun~ n~t
less~luin its highest insurable value--------------------------------
-------------------------------------U~~[lurs, in u ~•urrtpuni~ ~~r rn»r.puni~~c to
~ dPProved bJ sacid JKort~a~ee, ancl the polic~ or policies held by and payable to said
.~Iort~'agee, and i.n tlie eLeiat any srena of monP~ becomes puJable under sueh. polic~ or
polieies, the ,r~Iort~a~ee shall haae the option to reeeive and, upplJ the same on uceorcnt
of the indebtednes.s hereby secured or to permit the JKort,gagor to receive and use it, ur
any pc~rt t/iereoJ; for otlaer pr~rposes, wi'.hotct thereby u~aivin~ or i.»i pairi.r~~ an J equity
lie~ or ri~ht under or by airtue of this mortga~se, and nuiy puue cand pa J for such
insurance or any pctrt thereof, witltout u.~aivin~ or acf~'ectin~ the optio~a to foreclose or
any right hereuncler, acnd each ctnd eaery such payment shall bear interest fro~n d,ctte
at the rute of ~lv~e (12) pe~ cent. per ctnnum. -
~
~ an~ix 3~6 ~~ct ~1~~