HomeMy WebLinkAbout2824 ~0 ~111~ ~I~. j~•. too.~ka w+th il~• t.n.~a. h.ndtiam.na end appwt~.
nancea I~enfo be~onging. and Itis ~mlr. laiwa arur pro~llt fh~no~. unto 1~ ~nerlp~N. M~N i~.
i~11{~ fh~ morlgngor covena~l~ wlt6 Ik~ moHpapN Itiat nartpapo? la ind~!•a.t6lr ,.~~d o~ aald
~and tn ~es simp~e: thaf fhe n~o?fgagor hat poo~ ri~~t antj bwlu~ aul~aitp fo conwp satd ~snd au a~oh-
said: that the mortgagor wtI! nw~~ •ucl~ /u?ll~~r auurnncw to pa{~ct !h~ dmpl~ titl~ fo istd Iand in tk~
mo.ega9ee as ~nay roosona6ly b. .equtr~d: tkae eh. nsore~~o. h.n6y /u!!r wa..~ona eh• titb eo ,atd land
and wtll de%nd Ihe same agatntt Ilu Iaw/ul clainu o~ aU p~no~a u?hanao~w~': ~j i t+atd ~ ~
and clear oJ all encum6r+ances• exceptinR t8Xe5 fOY the year 197~bUt SUb~EtC~
to the aforesaid terms. covenants~ aRreements, obliRations and
provisions of said neclaration of Condominiuni, which ~1ort~aRors in ,
all things, jointly and severally do covenant to MortRaRee ~
faithfullv to observe and to nerform;
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~~V~ ~s~ thnt ij :~d rywre9aAor ,kal! ~xiy unto sdd mortgages tke certain prornts-
sory nofe hereinoJter su6sfnntinl~y c~opiecj or iaentif
iet~. to-wit:
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s 5,900.00 Stuart, Florida; . Apri i 6 , 19 73
For value ~eoeived, i, we, or either of us jointly and severally promise to pay in lawful money of the United States of
I America to the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its offioe in this city the printipal
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! sum of f I VE THOUSAND N I NE HUM~RED AND NO/100 po~~ars
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royetFrr with ~t from dah at th~ rm of .8 p~ o~ntum p~r annum on th~ unpaid balar~q unti) paid, aaid principal and intsrest ro b~ p~yabb as
~t,h, ~„r,~~„~,,,, of One _Hund red _N i ne taen__t _64/ 100 ~ 1 19 .64 ~ ~t, ~ ~
6 th ~ ~
~u,~+~~ ----6-th d•r ~ May - i9~
~ and oontinui~p on th~ ---------6.th day of each ~nd ~very month tlNnaft~r w+til the -------~~I_-~ d+r o~ ------AP 1
19._ 7 8. , on which sa;d dat~ tFn Mt;re b~lance of pr;ncipal ~nd inte~est then w~paid shsll become dve and p~yabk. Each p~yme~t is to be ~ppliwd
f~nt to int~rsst and ths b~lanc~ to pincipal. In cas~ uid irotallmsnb, or any of them, sre not paid within 15 days sfter the ssme become due, th~ whob
of ~aid principal and intw~st sum sh~ll forthwith become du~ ~nd paysble at the optio~ of tl+e holder of this note.
W~, ths m~kers, swetia, ~ndorsen and 9vu~ntors of this note, Ircreby sevenliy wsive presentment for payment, notice of ^e^~P+Yme^t. P?etest and
noria of pro»st, and dilip~nce of binpirg wit psi~t ~ny party tl~to, and consent rhar rim~ of paymenr msy be e:rended w~tFaur noriu rhereof ro
any of fh~ sunti~s of this noq.
Now, ahould h b~ i»o~sssry w ooll~ct this no» tMouyh ~n ~ttorrwy, sach of vs, whether maker, sw~ty w endorser on this note, hereby a~~s to p~y
•11 oosM of said oollwion, includinp ~ rcaonsbk. ~tbrnh/s fse. -
_ Sdd bank is lrreby ~:prestiy a~tl~orir~d to rtt~in any y~ntr~l w sp~cial deposit, oollateral, real a person~l security, or the proceeds thereof, b~lonp- ~
~ ~r?p b either of w, rww or her~sft~r in th~ pos~euion of ~t d~?rinp the tims this rate remaini unpsid, and befwe or after mat~riy hereof may ~pply the ~
~ sanw w tlwa or ~ny oNwr d~bt w liabili?ip of ~ither of us ro said bank, dw o~ to bewme due. Given w~der the h~nd snd seal of e~ch parry.
wAa1100G~~RAR1/ AAMr
TJ1i~ ~li~ 1~ OR.~IttAL NO?E
AIO C~1fICB~~
P, ~ /s / Robe r t J. Ph i 1 1 i ps ~a~~
o e ~ . ps
~ p~ /s/ Alice M. Phillips
F,,,,, A 1 1 ca M. Ph 1 1 1 i ps
s«,~h...Nrw
BooKz~z P,~zsz~
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