HomeMy WebLinkAbout2849 ~o ~ue nnd to ~lold fhe snme, fogefhe~ wtfh t~e tenementa, ~i~riditi~enb a~d nppurte-
nances ttierefo be~onging, nnd t~e rents, issues anc~ proJifs ihe?eo% unlo f~e mo~fgagee, in ~ee simp~.
the mortgago~ covenants mith the rnortgngee that ehe ntortgagor ti ~ndej~„tbly ,et~d o/ ~uld
Innd in ~ee simple; that the mortgagor I~as good rtght and 1aw/ul aulhority to connsy satd lw~d w a/or+e-
said; tlrat ~he ~reortgogor will n~nlre aucb furtber asauronces to per/ect t1~e jee airnp~e tttle to suid land in th~
f mor~gagee as may reaso~ably 6e required: that t1~e mortgago~ I~ereby ~ully warrnnb t1~e tifle to aaid land
~ and will deJend the sume against tl~e lawful claims o~ all perao~s whomsosver: and tknt sntd land ii j?ee
nnd clear oJ all encwn6rances , eXCepting teuces for the year 1972; but sub~eet to the
aforesaid terss~ covenants, agreements, obligations and provieions of said
Declaration of Condominium vhich Mortgagor in all thinge doea covenant to
Mortgagee faithfully to observe and perform;
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~u~~ IAW~s~ that i~ saicl mortgagor sl~all Poy unto said moNgpgee ihe certain promtt-
sory note ~ereinalfer su6stantiaj~y copiec~ or ic~enti(iec~, to-wit:
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~ M18II11 ~ )
~ ; S 4~5~.00 ~ Florida--~,.~,~~j:Lt~/ ~ , ~4 72
J~ For value received, I, we, o~ either of us jo~ntly and severally promise to pay in lawful money of the United States of
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+ America to the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUARt at its offioe in this city the principal
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, FOUR THOUSAND FIVE HIJNDRED and No/100 - - - - - - - - - - - - - - - - - -
~ ___Doltars
~ sum of
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; topether with intere~t from d~t~ ~t tM r~t~ of _`jY2p~r wntum per ~nnvm on_ th~ vnpsid balanq w?til p~id, said p~incip~l ~nd Mror.s~ ro b. pay.bl. as
~ toltows: tn monthly iru~~llm~nb of .NIDiETY._.and__1$~liNJ_..-_ (t-.~4s~S~~_~) includinp int~rut, on th~
' ___.20.;,h--- - d.y ot ..~n ma+fh bey~~~~np a, th. ._20th--- a+r of November
__.^_...~L.__-._--------- i9~2
~ rnd tontinuinp on tl» _..ZQ.tr~l.-----_- day of eath ~nd tvery montb thstuft~r until tF» _..2~~1--•---- d~Y cf ---.~C.t.0~1$r.~-____------
~ 19 77.. , on which taid dats th~ entb~ balanu of princip+l and interett then unpaid shall bccome due snd psyable. E~cfi p~yment is to be appli~d
~ firar to intecest and the bal~nc~ to prir?cipal. In cas~ s~id I~stallmsnts, or any of them, ~re not paid witbin IS daya aN~r tM sere» b~oonw dw, th~ whob
; of said principa( and interest sum shail forthwith b~com~ dw Md payabl~ ~t the optan of th~ Ywld~r of this nob.
~ We, tix maken, sureties, endonen and guar~ntws of thit not~, hereby sever~lly waiw prnentmMt fw paymsnt, rqtiq of noMpayment, prottst u~d
~ notice of prorest, and diligence of brinyinp a~it p~i~qt a?y pury th~nto, ~nd content th~t tinw ot payment may M~xt~nded without ratiu thereof fo
~ ~ny of the suraties of this rwt~. "
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i Now, s~+o.,id it be necesiery to coltect tha note through an ~ttornsy, ~ach of „s, wM~Mr maker, wnty or endorHr o~ thi~ ~ott, he~~by prN to p~y
~ •d costs of said coliectan, inclvdinp ~ r~awn~blt ~ttorn~~/i fN.
' Said bank it h~reby ~xpr~u~y authoriud fo ret~in an rw~d w s
y ys pecial deposit, cOllateral, real or persond ~ecurity, w tM proceeds tlw~eof, belony-
; ~nq ~o ei~her of vi, now or !?ereaN~t in th~ posses~ion of it during th~ time ehia not~ remains ur~p~id, u~d befors w afar matwlty h~raof may ~pply tM
~ aams to th~s w u+y oth~r d~b~ or liabilit~~a of ~HMr of w ro uid b~nk, dw or ro b~com~ dw. Giv~n w+d~r tM Mnd u~d wd of ~~ch party.
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~ ppWmentary S'.aT
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; aif~ced origioal n . ~ '
~ P. ~ and canceuea v ~C~,~~ j~~~~`',,+- .
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; i iam . rison (Seal)
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~ No. Due . ~%(~C~ • af)
' fwm IW / ~81Tg @ T'180
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