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~o ~i~ue and to ~iold I~~e sumN, loy~t~~er tuil~~ i~~e feneme~~ls, {~erec~ifamenls and appwte
nances th~relo ~~P~on~~in,ry, a-u~ f~i~ rcnls, issues an~ projifs l~~ereo(, unfo I~~e mortgaf~ee, in !ee simp~e.
~in~ 1{~e morfgagor i•or~~nanls wifh I~~r morfga~ee !{~at f{~e morfgagor ls inc~e~easi6~y seizcKj o~ said
~nnd in J~~~ simp~~; Ihaf Ih~ mortga~or I~as go«I ri~hl an~~ lawf u~ autho~ity to convey sa~d ia.~d a+ u~ore-
said: Il~af ti~P morl~~af~or tvi~~ ma~re such )urth~r assurances to perfec! Ihe fee simple tit~e lo snid ~nnd in tl~e
morl{~a~~~ as moy r~asonaF~ly ~~e reyui-ecI ; 11~at Il~e murlgagor {~ereby ~u~~y wananls tl~e title to aaicl ~and
ar~d ~i~ill d~~en~l If~P same af~ainsi Ih~ law/ul claims o/ all persons whomsoever: ond 1{~at saic~ ~and is /ree
~~~d ~l~a~ ~~ ~ll en~nmb-~,-~~~5 except final ad valorem real property taxes
for the year 1980 and subsequent years and a fir~t Mortgage from
Philip Harrison and Barbara Harrison, his wife, to First Federal
Savings & Loan Association of Fort Pierce, dated August_11, 1978
and recorded in O.R. ~:.c~ 293, Page 1149 of the Public Records
of Saint Lucie County, Florida.
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~rou~ded ~tways, 1{ial i~ sai~ morlgRyor s~~a~~ pny unlo said morfgagee t~p cerfain promis-
~ sory not~ Iierein~iMr suf~stanfia~~y ~•opi~~l or i~~enli~ie~, to u~if:
PRO~-ffSSORY NO-I~ Febn~aty 26, 1981
$ 15,000.00 • Fbrt Pierae, Florida
For vali:e reoeived, I, we or either of us, pranise to pay, witnout defaication,
to tt~ order of FLORI~A BANK AT FpRT P~, 501 Orange Avpnue, P~st OFfic~e Booc
3~69, Fort Pierce, Florida, the sun of $15,0OO.OQ ~ , with interest
from date at the rate of 15.5 $ p~oent per aruiua, in '- 35 m~nthly install-
ments, as follaws:$ 2],5.10 on the 26t1i day of ~ , 19 81 ,
and a like s~m on the oorresponding day of each month thereafter, with a fina~ baYloari
payment to be ma~e i~on the 26th day of ~lebruaYy, 19b4, in the aa~~t of $14,029.25 .
Each installment first saall be appli~ed in payment of the interest and then
on the ~paid balanve of the principal sim. If default is made in the p~ayment of
any installnent when due, and such defauit eontinues 30 days, then at tt~e opti.an
of the holder; and witt~out any other natiae, all the rer.aini.nq ' ts shall
be due and payable at onoe. Frivilege is given bo pTepay tilis Note in c,fiole or in
part at any tu~e withrn:t per~alty. Neither oe. nar acooeptanoe by the hol-
der thereof a~tter any default in paya~ents hei~eoa shall be deemed an ext-,exLSian. A
late payment charge of $ 10.76 , shall be adcled to each installirnnt ~1*+;•,~
~p~aid ( 7) days after its due date, ar~d a like sua shal.l be ac]deci to ea~c~ such
;n~-a~t•+~,t remaininq ~pai~i (7) days after ~adi suooeediryg payi~nt date.
Each maker, sur~ty and a~o~r he~f, jointly and severally, waives de~nand, .
present~nt, protest and Notiae of protest For , and further t~
any extensio~n of time of payn~nt, eit-heac be,fore ar after mat~i ~~
any of us; and tn pay all aosts of collec.~tion, incl.uding a reasanab ethaut~no~ioe to
fee far any and all P~ooeedin95, aPPellate or o~theiwise, in the event of any default
here~oer, and hereby severally waives all benefit of h~xnestP.ad and e,~a~ptioa~ u¢~der
the c~.stituteion and laws of each State of the Llzitsd States, as against this
c~bligatian or any ext~n.si~ of ren~w-al hereof.
wlfi.~.SS tne han~d and seal of each party.
/s/ FRANK J. LYDK~:, JR.
F~i~NK J. LYNCEi, JR.
_ _ /~LJANICE K. LYNCH, JR.
JAt~TIC~ YC. L~A
Florida Bank at Fbrt Pieroe will refinanoe this note u~on the maturity there~f
at the then prevailing rates of interest provi,ded that the finaricial o~nditio~n
~ of the borrvwer oontinues t~o be satisfactory t~o le~~der ~~~,paymex~~e
° been made in acoordanoe with provisions of this note. ~ ~ PdGf 1~b~
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