HomeMy WebLinkAbout4240 .30 ~iaue nnd to ~lold the same, toyether with the te?iements, hereditaments uncl appurte-
nnnces ff~erefo be~onging, and the renfs, issues and proJits fhereoJ, unfo Ihe morfgagee, in ~ee slrr~p~e.
~nd the mortgagor conenants with fl~e mortgagee lhat tke mortgagor is indejeasi6ly seized o~ aatd
land in ~ee simple: thnt fl~e mortgagor has good rigl~t and Iuw)ul authority lo co~vey so~d lw~d as ajore-
said; that the mortgago~ will make such /urther assurances to per~ect tl~e ~ee aimple title to said land in the
morlpagee as may reasonn6ly 6e required; t1~a! the mortgogor hete6y (ully wannnts tl~e title to :a~d la.~d _
and will dejend the same ngaiewt the law/uI clnims oJ all penons wkomsoeuer: artd fl~nt snid land i.t jree
( and clea~ oJ al! encum6rances exceptinq taxes for the year 1972 but subject to the
~ af~ro~a~~ ftE+r~ns~ (`AVP}f.~t1~'$3 .i[~YPPRIAT_FA~ c+hlicjAti_nTis_= at~r~ provisi_~ns nf r.~i~l -
Declaration of Condotniniwn, which Mortqagors in all thinqs, jointly and severally,
do covenant to Mortgaqee faithfully to observe and to perform;
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~rouided ~lways, that ij saiol mortgagor 1hnll pay unio aaid mortgagee the cerfain promis-
I sory note hereina~fer su6:tnnttally copied or ic~enti~iecl, to-wit: -
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S ~ ~.SOO ._OO . STUART, Florida. . UCtOber....~J. ~ 19 7.2 . ~
~~s FOR VALUE RECEIVED. !he undersigned, joinilY •nd se~e=aUy. PROMISE TO PAY !0 1hs order ot..._..... . :
Aqua-Ra, Inc.
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Four thousand._. f ive __hundred _ and no/100 . . . . ,
. -=.t..e. ~..~.r..e..~. ~..r...:.~..~..~..r..~.~..t. •.~.r..•DOLLARS ~
s I at ..............---._.......-•••--~-•--.......__............._.or such other plac~ as the holder
i t hereoi may desiqnate in ~rrilinq, logeiher wifh interes! from date a! !he rate oi $ per cenium per annum on in~ unpaid 3
balanc~ until maluritT. Th~ said principal aad interes! shall be due and payable as follows: r
< S91.25 a month, theffirst payment being due one month from date, and
continuing for each month thereafter until paid. This sum of $91.25
paid each month shall first be credited to interest and the remainder
to the principal of this obligation. This note will be completely paid ~
~ with 60 monthly payments of $91.25, unless sooner prepaid. This note ;
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may be prepaid at any time without penalty.
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~ If dc(anll 'oe madr (or day~ in the parment ol ~n~ installmenl oI prineipd or intcreat or a~r P..~ lhereol, the ~Aole ~u~ lhen remainin~ ~
~ ~~~~v+~d vilA ir.tcrest ah~ll ~t holder i option beceene du~ ~nd pa~r~ble ~ilAout ; otice. Failure to e:ercise such option sh~ll net constilute •~~iver ol tht ~
r~yht to eaerciae the sam~ i~ U~e e~~nt of •ubsequent de(ault. Afler maWritr both principal and accrued inlrre~t sAall bear inter~st at O~r centum ~
~ , ~r annum unt~l paid. The makers ~nd endor~en of this not~ tuAher r~{ve demaad, aotice ol non-parmrnt and prottit. If eAia aole is not paid ~l ~
rt,atur.ty and ~Ar same i• placed ~rith ~n •tter~er Ier coilectlon, th~ sak~r~ ~nd endorsers beree( ~~?e~ to oar all cost• ol collectiow, includin~ •11 co~rt
s cosls and rruon~ble ~ttoratp fte~.
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Aocu 14~~:y~ ~~....~!...~,_tl:'.a..~.. .......(SEAL!
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original r.otE RQBERT- T. ROS?
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and cancelled .
~ ;I - ~c-r..~. . . ~(SEALf
. NANC R:R~R ROSE
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