HomeMy WebLinkAbout0242 ~1 .
~o ~inue and to ~otd ihp samP, foyrfher u~itti Ihe tenements, tierec~itamenb nnd appurfe-
~i nances I~~prefo Gelon~int~, nnc~ fhe mnfs, issues an~ pro(ils Itiereo~, unfo the morfgagee, J~t ~ee simp~e.
~
~nd ~he mortgagor covenanls u~ith the mort~agee Ihat fl~e mo~tgago~ is tndejeasi6lr seized oj snid
lnnd in Je~ simple; thnt the morlgagor has good righl and Inwful aull~orily fo conw~r aaid land as afore-
~ said: rh~~ ~hp mo?t~a9or u~ill mnke such Jwlher assurances fo perJect fhe /ee simple title to said Iand in f1~e
; morf~~agee as may reasonn6ly be required: that Ihe mortgagor ht?eby (ully wnnants tl~e fit~e to .sgic~ land
and ioill deJPnd !he same agaiRSt the lawjul claims o/ oll persoru whomsosv~; nnd lltnt aolc~.l~an~'ii free
n~~d ~IPa~ oJ QU encum6rances except taxes accruing subsequent to December
31, 1970. • .
~
,
;j
~
~ j - = • -
' ~ STA'~FLOR~A STATC ~FFLO~2IUA `
• 4' ~ STAMP TA ~p~~NTAp" SiAMP TAX
' ~ ~ DDCUMENTa. " _ _ _
~ Z ~ MRly'71^` - - _ MR19'Tl `z
o = ~ - 9600~ - 9904=
1- - `ilNPiROILEA - I
~ ~F9.,maa ~ ?$.+so~sa ~ _ ~
~
i
i
~ ~
I
I
~~V~~ ~~ys thnt i snicl mort a or shall ~
~ ~ g g pny unlo said morfgagee the cerluin promis- i
~
i sory note hereina~ter su6stantially copied or i~enfijiec~. !o-wit: ~
i
I
S . . ~0...7Of].• O.Q-- STUART. Florida. _ . . ~
March.- 1....
~,th i971.
F~R VALUE RECEIVED, tbe undersiqacd, joinllT and se~erallp, PROMISE TO PAY !o the order of
PROPSRTY MA.NAGEM~NT.--GROUP,_ YNC.-, - a.--FlGrida._ corporat.iQn_.__.....
~ - _ . _ .
-Or.,~a . H,un47~eci._.Th.~c.~y.--.ThQU.~.a.:A~. ~~.~~.Q..Q.O.t?---~Q~. ...nnd ..(?.Q%1.OU. DOLL1lAS.
at ROil~e 1 t iist_ehin~~on Is la tld ~ Stllart.~..__F lo= ida_ _ ...o: sacb otber plac~ as !he holder
-
hereoi maT dKignaf~ in wriling, logetb~r with interes! trom date.a! t6e rate oi S per centum per annum on !he uapaid
balaace ~wlil aiaturitT. Tb~ said principal and inleres! shall be due aad papable as tollows:
I~~terest shall ae payable in quartarly payments- beginning thrae montha atter
the dst~ of thit n~ts and continuing •ach thre• month• th~r~after on the
~utstanding balancea of th. principal re~?aining du• trom time to time until
' said principal is paid in full. Principal shall b• paid in fiv~ equal snnus
~ insta2lm~nts of Twenty Six Thou~and ($26,000.~0) Dollars each on March~_,
; ~eginning March 16th , 19d2 and continui~g annually th~reaftor until paid
' :n full.
~ ~
; The sol• sacurity for thie note shalY ~he lands do~crib~d in mortgaqa of
~ even date hereMith and the maker st'iall have no personal liability. ~
s
~ ;
~ ~
~
~ _ ;
' tr a~~.~,i~ e. .~.a. a. .3 a~ ir~
e 1 pa~~e1 of an~ i~slall~enl o( orinciy~l or intcr~st or ~n~ part tAereo/, tAe r'~ole suw t6en remainint
~~PiY ~it? interest s6aU at V~I~er'~ oytioo becos~e due a~d oa~able ~ithout notice. Failure to eaercise such oolion shall not constitute aiver of the
~ •~~?t to ea~rcise t?~ sase iw tbe e~ewt of subseque~t ie(ault Afte• ~aaturitr bo16 principa! and accrued int~rest shall br..r iateres[ at per centum
ycr ~OAY~ ~uti) ~aid. The mak~rs awd eedmura of this note IurtAtr ~~i~e demand, nolice ot non-paymrnt and protest. If tAis note is not paid at
r~aturit~ ae~ t?e sa~t is olaced ~:lA an attor~e~ for collec~ioa, the makers ~nd cndorsers h~reof asree to pay all cost• 0/ collection, mcludin~ at! court
~ cost• aed rtaseaa64 •ttor~e~ tee~.
a
k
- /s/ Robinson Callen, as Trustee (SEALI
= Robinson Callon, as Trustee
~
Y
fSE1lL1
= I
~ iSE1tL1
I~ (SEALI
~ L
~
~ ~1
~ ~
i~
~ I`
~ D~~ ~ y
_ t
~
s~
~ ~ ~ . ' -
-
3 . - „
`5',.. _ . - . . . . . . ~ . . _ ,