HomeMy WebLinkAbout0943 l~`70Ei2 ' REtuRN ro
NATIONAL 611NK QF ~ARASOta
. Mortgage Po RoX
:ARASOTA, iLUh;OA 33~7y
,~.u•,. u«a, .,.~.M.a ~a~. 14~+ d July , A.U. 1970 NORTH BEACH DEVELOPMENT
C~rPORATION~ a Florido corporot~io~n~ Al~xtp~K . and NATIONAL BAHK OR BAitAl70'PA. • -
a+~Kpw~tia~ oe~eisd ud adwia~ u~~ tM 4N d w U~iMd 91~ta awd Irriu~ ib peieaip~l pl~c~ d burw+~ ia tM C~ty d A~n~od. Oara~i a1 An+~ob.
Flof+a.. enairn.. dMa t!~ l~W~y.e... I.~ici w.4 )iw~...ar .d I~loet~.,» .A~u be oo4Mn»a~ b.nu inelud.~~ M~1 .~i•••weM...
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~ ooM 6~niu~IMe dMCeiad,(~d ot~ fwhrb~M
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co~ici~ioa. naipt ~M~~oi i~ A~e'~ ~'wbdpd. do ve~b7 f~. b+~~. netir. td~M and aoeFi~s 1Mo ~rid Mo~tpr. ie
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Co~ety d st. L1JCIe . 8h1~ d l7orid~. v~etic~+l~rl~ dNee~'bd u folbws:
Real Proptrty as desc~ibed in Exhibit "A" atroched.
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TH~S INSTRUMENT WAS PREPARE~ 9T
State ocumentary stamps in wem!
~evic C. Bentley,Real Esrote Officer,
a DULY AUTHORIZED OFF~CER OF Of ached to original
NATIONAL BANK OF SARASOTA. WHOlS /
po cance ~d_ A~~i.~,/ ~ ~r/%~~
AODl1E55 IS 6102 Caribn Avenue, .
SARASOTA. 1~LORIDA _ ~ ~~f~~I.~/'s ~/7~~~~~D//
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, TO HAVB AND 'PO HOLD fb! ~10~ to~etber wilh aU ind ao~ular the bo~mmb, hlit~bmenh. appurtedacM, e~meots, tipatun ~od of6K ei~6t~
tLatrue~n bdoep~ ar in W~i~e ~PP~[. and aLo dl pa, ~Metrfc. w~ter. hrtini. li~btie~. aod p1~6ins 6:tutis whie6 mw ~n ae bar[t~c
pertais b o~ b~ uNd ~rifh. in ar oo rid pcemi~e~. ~wo t6oa~6 t6af m~r b~ dsl~eb~d oc d~bb. and the nvee~oa ~od n~wsoe~. e~ind~e ~ed rmied~e~.
' rents, i~wM~ ~od P~b t6~eeo/. aod ~Il t6e esfatR tiw. i~aK Lomerhrd. dow~er. ri~hR d dowr. wpnte e~fa~a. p~aprtY. Dow~im. cLim ~ed d~maod
wht~o~r in i~w ~nd io ~9uib. ot aaid Mortp~oi d. in aod b t6~ ~m~ aod erery P~rt ~nd parod t~eerot. mb aid Idorfp~ in tM ioQM, toew~r.
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Md ehe ~id 1lfoetp~oc do hwebl m+amnt wit6 ~aid llfoet~ye~ 1Aat rid Mo~f~o~ siifMit7 ~eiaed d rid I~ed ia 1» iaapl~. ~od :
ha full powr ~ed I~wtnl ris6t W ooove~ N~e ~amt in amplt as alwraid. and Urt it ~hdl be I~wiul for a~id Mott~~N st ~Il t~ huwtl~e b pro~ •
.e1r asd ~ mqr ~oe. 1ald. oc~ry and .nio9? ~.id iaod .nd war~ wet t6aeol: f
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~ PROVIDED ALWAY8. and tl~w pre~ob are npoe the e~~ oooditioo thtt it tbe a~id lfortp~oc +h~ll P~7 b rid lforlp~ tlr a~rfain
~ pramirw7 oofe. d whieb fb~ bllowi~. in wwds ~nd SNK+. is • t~w coPY. to-wil:
This mortgage is given as additional collaterol security for the payment
~ of the promiuory notes hereinafter described:
- Ptomiuory Note dated Decembe~ 27, 1967 i~ the
principol sum of s585,000.00, with interest at
the rate of 6-3/496, payoble b National Bank
of ~ Sarosoro .
- Promiuory Note dated February 17, 1970 in the
principol sum of 580,000.00 with_ interest at the
rate of 896, poyable b National 8ank of Sarasoro.
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The originals of these Promissory Notes are in the poueuion of National
Bank of Sarosoro . _ ~
v,~.te.r .iu~ .u inMre~t 1lwnoe ,oe ..es tLer.~. rrv«~tiva+7 womd.d. .nd .b.u re.brm. iomv+r ..~w. .na .e:a. M. e~ce .na .ve~f ~+owo.d. yn~aR.
oel?puou. aoaditioe aad sbP~tioa d rid peaoiro~ ooq ~sd d 1~ mortpp dMd ~~od erry. tlw tlri~ dMd and t!r wb 6~nM aMtd ~ErU
c~w and be sdl ~ad ~a1d.
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