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the foreclosure sale of the properCy real izes insuf f icient funds
to pay all of the indebtedness secured hereby.
9. VENUE AND REMOVAL
If any legal proceedings ~re con~menced by either party, the venue
thereof shall be in the county where the property is located, and
the MORTGAGOR waives any right of remaval to a federal court to
which it may be entitled.
10. LATE CHARGES
Zf the MORTGAGOR is late in paying any sums due on any
indebtedness secured hereby that would constitute a default, the
MORTGAGEE instead of acceleration and foreclosure, may elect to
receive a late charge of four (48) percent of the amount of the
payment pas~ due.
11. MISCELLF.NEOUS
The expression "MORTGAGOR" or "MORTGAGEE" as used in this
instrument shall mean their heirs, personal representatives, or
assigns, and in the case of a corporation, its successors or
assigns. The use of any pronoun to refer to MORTGAGOR or
MORTGAGEE shall include male, female, and neuter. If more than
one of either party, it shal l mean the plural thereof . If the
MORTGAGOR is more than one legal entity, Che liability of the
MORTGAGOR will be joint and several.
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Executed by the MORTGAGOR the date set forth above. ~
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Signed in the presence of: ;
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WILLIE C~OOK '
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STATE OF FLORIDA i
COUNTY OF MARTIN ~
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The forego' g instrument was acknowledged before me ~
this ~-day of , 1990, by WILLIE COOR. i
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