HomeMy WebLinkAbout0444 ~0 ~ iti• ~aiwe. toqN~~? urilti Iti• I~n~en~nlt. ~t~itaw~~nli and apPurl~-
~~a~~crs 11~~?eto h~lo~~~~~~~~. c~~~l ~f~~ ronU. i~iu~a oncr prolif~ Iti~?ro~. unlo 1~~• w~wfOpe~. iw ~N ~i~np~~.
~ ~h~ mo.ec~or~o. ~oi~~nan~: wilti t~~ e+o?ipagp~ ~hat itie mo?~yaon~ ~s ind.l~,i61y ~~~srd o~ said
~a~a~ s~mp~~: Itial I~i~ morfgapo? tia~ good riptif and lou,~u~ aultio?ily fo cowv~y tei~ ~ond at o(o?t• }
saic~: Il~~il tl,~ enorfgagor u~~~~ n~o4~ sueti ~wt~~r ouur~nea lo pe?~tel Iti~ jtt ~in~pV til~t lo ~sid ~and in Itit ~
n~o?fpagre as moy Kwona6ty 6...Qu~?~: ttial w~o?ipapo~ I~...by /uUy wanan4 1~~ tll~e fo ~aid Iand - ~
and u~~l! dejpnd tl~e san~~ ogsinil tl~• Iow~ul clsi~n~ o~ all prno~a wl~on~~oe~e?: and ~I~at ,.id to,~d ii J?e~ ~
and cle~r ol all vncumbrances
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"And the Mortgagees covenant and agree to execute and deliver
to the Mortgagor partial releases from the lien and encumbrances of
this Mortgage upon payment, by the Mortgagors, of a sum equal to ;
125 percent of the purchase price of each parcel released, the value ;
to be computed by dividing the entire price by the number of lots i
subdivided from entire parcel."
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~rou~ded ~tways~ tl~at i/ said morlgogor sknl! pny unto aaid rnor~popet tlte certain promis
sorv no~~ hPrP~nall~r substan~~ally copiPd or identi(ied, to-wit:
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~ STUART, Florida.
; : 32.,.ppp..p,p.._ 3a~uary~ . ~s73--...-
~ FOR VALUE AECEIVED. !b~ und~:si~n~d, ioiatlT tnd s~~~saUY. PROMISE TO PAY !o !b~ ord~r ot
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; ~ AHT~N._MITTAUER,._.JR.__.and !9ARY...M.- .MITTAUER,_..hi-s -wife b VICTOR. J. .KELLER- .and..LEQNA..A....KELLER.,... .
` THIRTY_.TW~ . THOUSAND AND OO~I ~J~-----.--.-.--.-.------------------------.----.-..-his..~?i.f.e. DOLLbAS.
` : s: .Stuar..t.,..Ftar..ida._ . . _ . _ _ . . . - ..._o: .u~ ~h.: p~.~. as !h~ hold~s
E ' hereoi mst designat~ in wsltinQ. loy~fh~r aiW int~r~s! lrom d~l~ !!u rat~ oi -.7--... per c~atua~ p~: annuin oa !h~ uapaid w
~ b~l~nc~ uatil matutitp. '!!a wid priecipai and inter~st sh~ll M du~ snd payabl~ S~11~-annually, ~n ten ~~0~
~ equal payments of 53,2(10.A0 plus interest on the unpaid balance. First Rayment due six ~r
~ months from the date herein. ~ '
3 !'~o penalty for prepayment in part or in whole, after the year of 1972. ~ `
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~ If ielaall be ~ai~ !w 3U ~~1~ iw t?~ Mf~~sl ef asr inHaUMnt o( principal er ~nta~st or an~ yare tlerNt, t6~ ~\ob tl~~s r~i~l~s r:
unyai~ ~It? iwter~~l ~Aill at ~o1Jer's Mt1ea b~co~~ dw ua p~a6b ~itLout ¦~tic~. Failar~ te sa~rcise suc6 oPtiow ~WI s~t cw~Utub •~itir e( t6~ » ~
~ i ri~st te eaeeclw t?~ ~aw~ 1~ t~~ •ve~t of snbkpuat delaul4 Alt~r w~writ~ ?et6 Priecitil aad ~tcrued i:,t~re~t ~hail lewr lateee~t ~t Mr uetu~ ~2
~ per ~ao~~ uwt0 afd. TA~ s~k~n •s~ q~ersers el Wi• aet~ lurt?er vai~e kea~d, ~otice ef sos-N1~neat ~ud ~te~t !t tii~ ae 1~ ~ot ~a N~t i
~ : m~t~ritp aw~ tl~ ~aa~ b Plac~d ~itY ~s atewsy fx col{ectiow. t\~ w~~ker~ •~d ~n~oraer~ h~reel asree le Par ali co~u ol eeWctiM. i~clu~twt dl couK ~
~ co~t• ~nd reaswvle ~tt~ra~~ t~u. \
h 5~ ~ I p Y ~ ' ~A~l.°N'Q _ _ _._(SEJlL) c€:
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