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~c ~ve and to ~totd the same, together 'with the leneme~ts, hereditnments and nppurte-
~ances Ihereto be~onging, ancr t~e rents, issues nnd pro~ils f{~ereo~, unfo f{?e morfgagee. tn ~ee simple.
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~nd the mortgagor covena~is with the mortgagee fhat the mortgago~ ia inde~ecwi6ly seized of snid
land in /ee simple: lhat the mortgagor has good right ond law/ul authority to convey said land as a~ore- ~
!f saic/; that !he m~trtgagor u~ill make sucl~ Jurf~?er assurances to pe?~ect the ~ee aimp~e iit~e to said ~and in fhe ~
mo?tga~ee as may reasonably 6e required: that tl~e morlgago~ here6y (ully wa?mnb tl~e tttle to said land
I and will de%nd tl~e sume against fhe law/ul claims o) all penons wl~omaosver and tkat sa~d Iand is jree '
and clPa~ o/ aIl encum6.ances excepting taxes for the year 1972r but, subject to the ;
aforesaid tenas, covenants, agreements, obligations and provisions of said
Declaration of Conddainium which Mortgagor in all things dces covenant to ~
Mortqagee faithfully to observe and perform; ~
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~~V~~ 7i~W~ys~ that i~ said mortgagor s~a~~ pay unto saic~ mortgagee the certain promis-
sory nole tiereinaJfer substnntially copiec~ or it~enti~ietj. to-u~it: ~
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! oJO. JO Stuart, Florida~ ~ctober 16 , 1972 -
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~ f For value received, I, we, or either of us jointly and severally promise to pay in lawful money of the United States of
l i America to tne order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this ciy the principa)
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~ i . FI'JE THOUS~?DTD SZX HUNDRED AND NO/100------------------------------------- pollars
; , sum or -
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' i ~ rog~rhe. wirh interest from dae~ at th~ rae~ of 8 per centu~n pu atiwT on th~ unpaid bsla~x~ ur?KI paid, s~id pi~cipal and 3nter~st to be pay~bh as
~ One ~iundred Thirteen and 55/100 Dolla 113.55
' ~oitaws: In mo~thFy ~ronllm~nb of ' - - - ~ ) including intehst, on tM
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~ 15tY: 16tn d ~ *I
i; ~ . d~ of eact~month b~g~nnitg on ti» _ ~ . Ov _ 19 .
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~ (]ctnher #
and continving on tM _~~-~1-~1 d~y of each H+d ~wry mw+th thenak~r ~ntil tM _~-l~1~~1- dsy of _ ~
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~ 19 __77_ , on which said dare th~ entire balanc~ oi prii+cipal aod inMest then v~pa~d shail becort~e due a~d p+yable. Each psym~nt is ro be appli~d ;
~ ~ f',-st ro interest and rhe bsl~nce ro printipal. tn cas~ said irtstallmenh. or any of tF+em, are ~ot paid wirhin 15 days after tFrc sart+e becon+e dw. th~ who1~ T
~ ; ~f said principal a~d interest sum shali forthwith becomt dw and payabk at the option of tF+e holder of this note. '
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We, the maken, sweti~s, endorsen snd 9uu~~ton of ti+is ~ore, hereby seve~ally waive presenrma+t fw payment, rwrice of no~-payment, protest and
r.orica of protest, snd dJigence of bringing wit_ag+inst s~y party tMnto, and cw+senr that time of pay~+t may be e~ctended w~rFwul no~iu thereof ro
. a~r of +ka sir~:ies af :F.a nots.
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~ Now, should it Se necessary ro w~~ect th~s not~ through ah aitorn~y, each of us, whether msker, swety w endwst~ on this note, hereby sgree to pay ~
~ :osts oF sa~d co~lacta~, incli,d~~g a r~asaiabk ~r.rney's f«l.
' Said bank ia hereby expr~ssly authorized to reNin a~y genaal or sp~cial deposit, collate.al, r~sl or personat security, or the p~oce~ds thereof, b~lag-
~ ! ,~g to eirner oi us, now o~ hereahar in the poasess~or+ of it during ths time this no~e remains unpaid, and befors or aher malv~ity he~eof may ~ppty the
~ + same to :h~s o. any oti»? deo~ o~ ~~+b~~~N~s of e~iF+er of us to said bank, du~ or to become due. G~ve~ under the hand and seal of each party_
~ ~ pcwmentary Stamps
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~ ; eyjxeQ original note ~ , ;
~ S and cance~led ~ ' - ~ (Seal) ;
~ ~ P. O - , n;r H. EIC?iLI~lG
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~ r7o D~e . . ~~l n~,l..~ ~~al)
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