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~~rnuii~r~ ~Iu~MIJ~, tliat i-f saicl• ~-~to~•tsaSor s)tall pc~J i~,~rto t1ic~ scti~~ .hfort_y~r~ee
tlee certai~a prontissorj ~aote, oJ'rt~liac.li. tlie follort~i,n~~ i~a ivords cr~rcl fi~u..res iti a t~~rce cop~,
to zuit:
; 7, 500, 00 _ Fort Pierce, Florida, Febru~ry 7 , Ig 6fi
, For value received t~e underrigned promises to pay to the order o/ FRANK D. FOWLE~ arid PSARL H.
,
B4W~s , ha.~ wiE ~
the principal sum o/ ShVEN THOUS,~IdD FIVE HUNDREI) etZd 210/100d~---nollarJ (i~~4~•QQ
together with intere~t thereon /rom date, at the rate o/ ~ iX per cent, per annum «ntil maturity, said interest
t-- - •,LL _ t_.--„
being paYable ~~iiauaa.iY on tt?e i~..i ,iav o~ r tsui~ty ~~e~
each year; both principal and intereJt being paya6le in law/u[ money oj the United Statea or i~ equiva~ent, at
~ ' a~id principal aum to 6e payablt on the dales and in the amounts
Jpeci/eed btlow, to•wit:
~
z~ ~hree Thousar~d Geven Hundred ~i~ty ($3,750.00} Doll~rs on the
Zo 7th day of February, 19G7, plus interest.
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J
Fv Three Thousand Seven Hundred Fifty ($3,?50.00) Dollars plus
Z~ interest on thQ unpaid b~lance on the 7th c1ay~ of ~ebruary, 1968.
This note may be pre-paid at any time without penalty.
Sach maker end endoreer severally waivr~ demsnd, proteat snd notice of maturitq, non-psqment or proteet end all requlrementa necesaary
to hold each of them I1aDle aa mekers and endoreere.
Each maker and endoratr turther agrces, )olntly •nd eeverally, to yay all coete of collectlon, including s resaoneble attorney's fee !n caee
.w~ y.-. ::.:y^:a: 3; L':2~ ^~iz yaji iZ"C :2;~ p[!c3^!y'~ : .a.__~. .~~Z~^ ~a.;: :::C .~~~.M::~t ...`:u.~:~ ;t;~,•Ct, __v
bccomes neceasery to~protect ~t~e aecurlty hereof, whetheryeult be brouBbt or not, ~i ~ ~ '
'Thts note nnd deferred lntere~t~y~uts ahal! Dear intereat st the rate ot e` h per cent, per annum from matuttty untll psld.
Thts note is secured by s mortgnge ot even date herewlth aad la to De coaatrued and enforced nccording to the lews of the
State of Florlda: upon default !n the paymeut of prlnciDal andior lnterest due on anq note secured by asld Mortgage, all notes so securrd and
remelning unpatd ahall forthwlth bccome due nnd payable notwlthstanding thNr tenor.
(Seal)
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` cnrcl shall ~erfo»>z., conipl~~ zvi.th a~tcl al~icle by e~zch a~id everrJ th.e s~ipulatio~is,
ac~ree~nents, coiicliti.or:s a~ad cove~aaiats of sacid pronai-sso~y ~aote a~ad of tliis deed, then.
tltis deed acnd tlae estate ILereb~ created shall cease a~ad be ~azcll an.cl Uoid.
~n~ tjae sa-id ?~Iort~agor herebr~ covenants c~nd a~r~ees:
1. To pay all a~rc1 srn.~tclar t.hc pri.~t-ci,pal mt~l i~i.t~r~st a~td ~tji-~r stt.m,s of mo~aeJ
p~rJable bJ virttce ~f saicl prontissnrr/ not.c~ mid this ~leed, ~~r eithc~r, pronaptlJ on tlae
daJs respectiz~el~ the sa,r~i.c ser~erall~ conae circe. `
2. To paJ all arirl siu~rtlar t/te t~txc~s, assessm.en(s, lei~ic~s, liabilities, ~,blioation.s
a~td e~tcu»tbrcnaces of everJ ~1ccLure on s~iitl. d~scribe~l ~~r~pertJ eac~lt. ancl everJ, a~td
if th,e sccnr,e be not promptlJ paid the sc~id .;3fort~'cc~ee naa~ at an~ tinae pteJ the sa,nae
without wcai•vi~t~s or af~'ecti~a~ the option to foreclose, or c~ny ~zgltt laereic~ader, atad eve~~J
payment so macle shall bear interest from the date tlaereof c~t the rate of eight
' ~er ce~tt. per ctn~at~m•.
3. ?'o paJ all and singiclar tjae cc~st.s, claar~~~c~ a~1~1 e~a~~~e~rses. iircluding IawJer's
fees, rectsona~ily i~aeu»•ed or pc~id c~t c~nJ time bJ sacid .~foj•t~a~ee beeczu-se of tlae fc~ilure
on the part of tlae said .~fort,~sa~or to pe~ fornL, complJ u~i-tla u~zd crbide by ec~cli. and
; everrJ the stipzcl,ations, a~s'reenzerats, co~adi.tioris and coverza~its of' saicl promi.ssor~ ~aote
i and tliis deed, or eitlaer, c~~ad ever~ sicclL j~a~me~at sliull bear i~aterest from clc~te at t,lze
~ rate of eight per ce~at. J~er c~ra~azc»z.
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~ To kee,p tlae buildinB ~tot~~ or Icereaftcr on. said Imicl i~isr~red in a sr~-na not
less t1a{iia Seven Thousand Five Hundred ( 7 500.00)-----------------------
-------------------------------------~oflars, in a compa~tr~ or co~np~~aies to
be c~pproved bJ said ~~Iort~a~ee, and ~jie polic~ or policies lield b~ a~ad paJahle to said
.Mort~ac~ee, a~ad in tlie event anJ srcm of mon~J becomes payable u~ader szcch. policy or
policies, the .hlort~a~ee shalt 7rave the option to receive an<L u-pplJ the sanze o~L accozc.~at
of the indebtedness herebr~ seczcred or to permit the JFfort~ac~or to receive c~nd use it, or
ac~iy pccrt th.er•eof, for other pu~
poses, withozct therebJ zvaivin~ or im,pczirin~s an~ eqicity
lien or ri~ht z~nder or bJ z~i~•tue of tlais mort~sa~e, c~nd naay place and pay for such ~
in.stcranee or cL~aJ pc~rt tlaereof, wttlaout tvaiaing or cif}ectin~ th,e optioit to foreclose or
cLny ri~sht 1t~erezcnder, acnd eacja and everrJ such pc~~nzent sluzll beacr i~aterest from date ~
at the rccte of eight per cent. per acnnunt. ;
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