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~ ~o ~iuue and to ~old f{~e same~, to~jrltirr u~ilh !he tenemenfs, he~editam~nts nnd nppu?te-
nances I~IP~PlO ~?F~onginc~, an~ f/~e r~nls, isste~s a~u~ pro~ils I~PIPO~, unfo Itie RlOtI~Q~Pp, in ~ee simp~e.
~nd the mortgagor COtrpllp/lIS u~ill~ thp mortgngp~ that tl~e mo~tga9or is indejeasi6ly seized o( anid
~an~~ in fee simp~e: Ihat Ihe mortgagor ~as good rigtii ana ~aw~u~ auftiorily to rnnvey said land at a~on-
I said; thaf fhe mortgagor will make sucl~ (urthe~ assu~ances to perfect fhe ~ee simple tille to antd Iand in !he
~ mortflagee as may reasona6ly 6e required; lhat the n~ortgago~ here6y f ully war?ants th* tille to said Iand
I nnd will deJend the sume ngainst t1~e [au~(uI claims o( nII persons whomsoeuer; and that said ~and is /ree
nnd c[ear oj a[[ encum6rances excepting taxes for the year 1972; but, subject to the
aforesaid terms, covenants, agreements, obligations and provisions of said
Declaration of Condominium which Mortqagor in all things does covenant to
Mortgagee faithfully to observe and perform;
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~V~~ n1W~ys~ fhat i` snid mortgngor shall pay unto snid morfgagee f{~e certnin promis-
sory note hereina~ter aub~stanlially copie~ or identi~ied, to-wit:
4~20~.~~ ,
S Stuart, Florida, December 26th ~q 72
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~ ~ .n v a,.,c ; c~.~:..^..., • , _ ,
` e3±he~ _f as ~~~~tl~ and seve~ally promise to nav in lawful money of ihe United States of
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~ America to tf~e order of ~IRST NATIONAL 6ANK AND TRUST CAMPANY OF STUART at its offite in this city the printipal
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~ sum of __FOUR _THOUSAND TWO H~~~A__A1~R_I~LQ/_.1.9~_-----_---_
~-_-----.---_--_---_---.Dollars
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~ r e~her w;rh intenst from d~t~ ~t tlw r~t~ of 8
~ 09 _ per ctntvm p~r ~nnum o~ tM unpaid balsec~ umil p~id, ~id princip~l and G?t~nst to b~ p~y~bb p
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~ foi~WS: i~ ~„~,~hW ~~:r.um.,,n os __E~GH~..FI_YE._.AND...17f.1.Q0---------.-(s_$5~1~.------=) tMt~du~y k11Mpt~ o~
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; 2ptY1 d~ of esch month 2~it}1 d~ or Janua- , 19_._~~_
y b~g~nn~nfl a+ ihs v rY .
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~ and con~~nvin~ ~M . 26th day of e~ch and w~ry momh there~h~r until tFw . 26~_. d~y of ~CeIIlber
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~ 19 78_ , oe which said d~ts sF!e entire bal~nce of principal and inttre~f then unpsid sh~ll become dw snd pay~bk. Each paym~nt ii to b~ ~ppli~d
? first !o inrerest and tha balanc~ to principal. In cate s~id installmtnt~, q any of them, are not psid within 15 days sfter the ~are» b~cpn~ du~, th~ whob
+ of said princ~pal ~~d interest sum th~ll fwthwilh become due ~nd p+yabl~ ~t the option of the holder of this not~.
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~ We. fne makers, sureties, endo~urs and gvarsntors of this note, hereby severally waiv~ prese~tmeM fa p~yment, ~otice of inent
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~ notice of protcst, ~nd d~lgence of bringiny s~it ainsf an tMnto ~nd co~sent thaf tim~ of ~~Y . Wo1~st and
~ Y Pwh~ , p~Yment m~y be ~xt~nd~d witho~rt ewtiu tMrwf to
~ any of the suretiei of thi~ not~.
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' t Now, ahouid it b~ neussary ro collett ~his note ~Mough ~n dtorMy, uch of us, whether m~k~r, avnty p endorur o~ this nol~, M~~by ~?N to p~y
; j •II cosb of said collection, iocludinp • resw~~bk ~ttwnt~~ fe~.
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~ Said bank is hereby ex{xeuly ~uthoriz~d to retain ~n n~ral or ~ ul d~ ~t, collatersl, reel a
Y 9e PK Pos' personal atcu?itY, or the proteeds tF+ereof, belonp-
~ i~g ro ei~her of us, now or heresft~r in ~hs posses~an of it du~~r?g tM tirr» this ~ote rem~ins unpaid, u~d before w•fte~ maturiry i?~reof m~y ~pply tFw
~ s~me to th~s o~ ~e+y oti»r d~bt w li~bilitin of ~ither of us ro~aid bank, dw or to becom~ dw. Giv~n vnder tM hMd ~~d a~l ol ~~d+ psrty.
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~ QoCUmentery St~rttpi
~ced origirtat nota
` ~pQ Cancelled , J
~ P. O ~ ~ ~ "V4 Seal)
~ Dorothy H. allace ~
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; No. Due -(Seal)
~ ~.m ioo
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Sa,thpsNrn
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BOOM 2a9 F~~t 1~89
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