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HomeMy WebLinkAbout2971 , . . . ~Q ~ W I~s sam~. logethK wiiti !kt t~nt~ta. ~Itaa?~nb a~d appwt~- nances ttieroto be~onging, and f~s ronts. t~awa a?~ pro~lb fh~rto~. nnto t~u n~ortpapN. In- ~N tt~xp~e. ~ Ihe mo?lgagor rnuennnb with tha mortgagse lhat th~ mortpapor la ind~j~i6ly atisad oj taid la~d in ./es simple; tl?af t~e morfgagor has goal ~i9ht and ~aw~ul autl?aity to conwp aald ~a?~ aa u~o++e- said: thnt the morlgago~ wlll make •ucl~ Jurther o~surances to p~~ect tti~ JN ~~R1pIf f11If f0 tAJI~ IOIId l/l fI1~ mo~fgagee a: may reasonnbly be required: that the mortgapor htre6y ~ully wai?anb tht tttle to ~otd Ia.~d a~d wtll dejend the same agalnat !ke lawjul clatma of aU penora whomao~ver: and t1~at ,ad !a?~d a!n~ a~d cl~ o/ atl encum6rnnces , excepting taxes for the year 1973 but suh ject to the aforesaid terms, covenants, aRreements, obligations and provisions of said Declaration of Condominium, which MortRagars in all thinAs, jointly and severally, do covenant to MortRa~ee faith- fully to observe and to perform; . ~ys~ t~at if aaid morlgagor ahall pay unlo aaid mortgagte !he certain promlt- sory note he?etnaf ter substantial~y rnpiec~ or tdenli~fec~, to-wtt: ~ S 3.500.00 Stuart, Florida; May , 1q73 For value reaeived, 1, we, or either of os iomtly and severally promise to pay in lawful money of ihe United States of America to the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this city the printipal i I THREE THOUS~ND FIYE HUNDREO AND NO/100 ~ sum of - - - - ----------.Dollars ~ . ~ rop~rlrr with int~nst from date d the ra» of 8 p~r oN+tvm per annum on th~ unp+id bsl~nce u~til paid. ~id principal ~nd intenst to bt paY~bb a~ ~ follows: In monthly installm~b of Ssyen-t-Y----.an.d_.9.7_I..1.00 . cs_70.•.~-7---. ~ inclvdirq im~rest, on th~ e.,, of ~ach ma,th bpinninp tb. d.r of . , Juns- - i9_73 ~ and continuinp on th~ day of e~ch and tvery month tFrrtaft~r until tht day of M~Y 1! . u~ ~ 19 ..~-T7, on which iaid dN~ tM entire balance of principal and interest then unpaid shall become dve a~d psyabk. Each p~yment is to be ~ppli~d t,~ first to interast snd the bsl~np to printipal. In cass said i~st+Ilmenls, w any of them, are ~o/ paid within 15 days after the same b~tane dw, tFM whol~ ~ ~ of said principal and interest ium shal( forthwith bacome due ~nd paysbk ~t the option of the holder of this note. _ d We, the maken, sureti~, endorsers and guusntors of this note, hereby severally waive prese~tment fw payme~t, notice of ran-payment, prot~st ~nd notia of protest, and d~ligence of brirp~np suit ~yainst any party th~nto, and consent thn tirn~ of payment may be eztended w~tFaut notice th~reof to sny of the surNies of this noA~. Now, slauld it be neceuary to colbct this note thrwigh sn attomsy, uch of vs, whether maker, svrety w endase~ on this ~ote, hersby ~grN to pay •II coah of said collwioe, includirq a naonabk mwnt~/s fK. - Said bank is hereby expressly ~uthwiz~d ro ret~in any ~ntral or ~p~cial deposit, collateral, real o. person~l.sewritY, w the proceeds thereof, b~lonp• lny w ~ither of us, now or hereaNer in th~ posse:ian of ~t dur~ng tfw t~ms rhis note rema~ns unpaid, ~nd befo~~ or afi~r matwity hereof may ~pply the s~ms to this w any othtr d~bt w liabilities of ~ither of us to said bank, dw a to become due. Given under tl+e hand and ~eal of e~ch party. ~ ~ P. O Hsn r C. Me~e (Seal) ~ r No Due ------(Seal) H~sn R. Nsb~~ :a~.«~ I = - OCK PACf 1'Crt7ll / - ~ , _ _ _ ~ - ~ ~ ~ ~ ~ ; s _