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~o ~ue and to ~iotd ll~e same, togethe~ wilh !he tenemenls, hew~ifamenb and nppwle-
nances thereto 6elonging, and the rents, issues and pro/ila tl~e?eoj, unto tha mortgagN, in je~ simple.
~ the mortgagor covenunts wlth the mortgagee that the rnortgagor ti tndejeaii6ly atised o/ snid
~anc~ in ~ee aimple: fhat f{?e moNgagor haa good rtght anc~ ~awju~ nufhority to ~wy satd la,~d aa aloey-
sntd; that Ihe mortgagor will mah. auch jurthe~ assurances to perject the /ee simpb tit~ to said land in tht
mort~agee as may ?eaaona6ly be required: that the mortgagor h~reby jully wnrranb tl~ title to said land
cnd will deJend tl~e same agutnst tl~e Iaw~ul claims o~ all persona whonuoever and tl~nt satd land b/rw
und clear of all eRCUm6rances exceptinq taxes for the year 1972 but subject to the
aforesaid tenas, covenants, agreements, obliqations and provisions of said
Declaration of Condominium, vfiich Mortgagor in all thinqs does covenant to
Murtgagee faithfully to observe and to perforiat
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~~s~ t~at i~ said mortgagor sknl~ paq unto snid mortgagee the certnin promii-
I sory nofe hereina(ter subsfnntinl~y copied or identi~ied, to-wit:
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:~~2rJ~J.~O_. _ STUART. Florida. NOV~~.~ .2~.. 19.72_..._ 1
` FGR Vd:.UE RECEIVED, ihe undersigned, joinily and teverally. PROMISE TO P1[Y to ihe order ot.Aqua-Ra~ Zn~..
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, . ----.-.-.--FIV~.._THQUSAND --TWQ _.HUNA~tEA...F.Ik'TY...&..NfJl10.0.---.---.-.-.---_-.-.----.-----.-. noLLAas. '
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at -•••........•-••--~~--••--•-•--•••.--.........••-•••.....-•--••••••••-••----•......_..._......_.................._......---••.....•--.-.-•..__or such other place as ihe ho der
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nareof mar designate in wriling, logeiher with iniesest lrom dale a! !ht sate of .1.~...... pQr centum pe= snnum on ihe uapaid
ba:once ~ni?; maiuritp. The :aid principal and intezes! shall be due and payablc as follows:
5'~:.~.56 a month~ the first payment being due one month from date, and ~
co.:~~nue for eac h mon t h t herea f te r un ti l p a i d. T
h i s s u m of 5 1 11.56 paid ~
~~~:::.on~h shal.l first be credited to interest and the remainder to the .
i:.cipaZ of this obligation. This note may be prepaid at any ti.me ~i
, v~~~:.: out penalty. #
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, 3O . d•r• ~b~ D~Ymeat ot •nr instaliment oI principal or intereat or any part t6ereof, tbe o:.ole sum Ihen remaiqin~ ~
~ il dei.r~l: ~e madr lor . ;
E " ..:.,,,.iQ vlti ~na~rest •nali at holdrr's option become due and paya6le without aotice. Failure to esercise such eption shall net constitule a rairer of tAe
~.nt t~ c~~.ci.a ti.~ sune in ~i~e event of subsequsat defaul4 Alter m~turity both principal and acc~aed inl~res~ shall bear inter~sl ~t per centum ~
,.rr a~~um uut.l pa.d. Th~ mal.ers and endorsers o( this note (uAher ~r~i~re demand, notice o( non-Oayment and protest. II this note is not paid ~t
~.~.tur~~y and cae s+me is p~~ced v.~1h an attorner tor coileetieo, t6~ sakera ~nd endorser~ Aereot as~e~ to Par all costs o( collectioe, includin~ all corrt ~
cost• and reasonab:e •ttoraer teea. ,e
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. , ~ ~ .~3e~ M. Che
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~.C~t'...-•t•L-•-~ • - - . . . . . (SEAL) ~
James 8. Frier
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