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HomeMy WebLinkAbout1011 - ~ W ttie same, fogether u~ilR ths ftnem~nb• ~M~ttamenta and appwfe- , nnncei thereto 6ebn9i~g, a.?d ihe re~e,, tsaues and projita thereoj, unto tlu mortgaAr+. in je~ iimpFi. ~ ths rnortgagor cownonls wifh fhe mortgagee lhat fh~ nwrtgagor b indalewibly seisec~ o~ iald ~and in (ee a[rnple: Ihaf tl~e morfgagor ~aa good ~igkt and la~uju~ nuthaitp to c~w~wy :~td la.~d as a(oro- sald: thnt tl~e mortga9or wiI! ma~e sucl~ jurtke~ assurances to pe~'c! fIu l~e aimp~t fit~t to said ~and in f~t mortgagee as may r+easonably b~ requiroc~: that tl~e mortgaAor h~reby ~uUy u~arranb tke titb to said land und wlll dejend the same agatnat t{?e Iawjul claima oj all penona wkon~soewr: a.?d ~i~e said iand ts jne and ~I~u oj n!! e?tcumbmncas ~xceptin~* taxes for the year 1973; but, sub ject to the aforesaid terms, covenants, agreements, obliRations and nrovisions of said Peclaration of Condominium which !?iortRat~or in all thin~s does covenant to ~lortt~a~ee faithfull,y to observe and rerform; . . ~V~ ~~s~ tlwt i~ said mortgngo~ ahall pny unto said mortgagee t~e certain pron~i+- sory note hereinajter substantin~~y copFec~ o~ identif fed. !o-wit: ~ 4, Z00 . 00 Ma rch ~ l~ ~q 3 ~ Stuart, Florida~ i ` For value reoeived, I, we, or either of us io~ntly and severally promise to pay in lawful money of the United States of , + America to the order of FIRST NATIONAL BANK AND TRUST CAMPANY OF STUART at its offics in thi~r city fhe principal , 1 ` sumof FDtlR ?H~USAND TWO yllNDREQ AND NO/100 - - - - - ~ - - ~ - - - Dollars { top~tMr with int~nat from d~t~ at th~ raN of pw antwn p~r annuen on th~ ~npaid bsl~na u~nNl p~id, s~fd prineipd ~nd Mtsnst to b~ p~yabb ~s ~ rc~tow.: ~n nwnrwy t~+.rdunu+a of .-.E1~hS_~C- f I ve add 17L]QQ.___.._... c~5y1..~.._) tndudtrw wn.na, on th. ~ day of .Kh nwnth bpinnirq oe th. day of A p r i 1 lv~~ ~ ' ~y ! ; _ o~ ~..1~Larsh i ~ ~nd continuinD on tM -----t--~?--____.. d~y of each ~nd ~very momh tMn~A~r uetil Nw ----..LQ___---- day , I ~ t ~ 19 , on which taid dah ths ~nt'r~ bal~na of 1 and intKest then k! shall becoms dw +nd ~ Wi^~~W ~^W WY~bI~. Each paym~nt b to be ~ppll~d ~ f~.u ro interest u~d tM balanc~ ~o principal. In cas~ s~id 'uatailmMb, or any of fhern, an na paid within 15 days ~fhr th~ uen~ b~aorn~ dw, tfi~ whob ~ of ~aid princip~l wd ima~st swn shall fonhwitb b~aome dw ~nd payabb ~t fh~ option of th~ hoMer of thia noq. ~ We, th~ maken, sweti~s, ~ndorsen and pwru?ton of this noN, her~by s~verally waiw p~~sentmMt fa paymMt, notiu of narp~ynrnt, pro»st ~nd ~ notiu of protest, and dili~ana of brirginp svit apaintt wey p~?yr th~to, ~nd oo~wnt that t~ of paym~nt may b~ ~xNnd~d without ~wtia tMrwf b 4 ~ny of tM sut~ti~s of thia noq. i Now, shouW it M ~ecessary ro aollect tha not~ thraqh an ~ttorn~y, ~ach of ~u, wh~th~? makN, wnty w ~ndorwr on this rwt~, h~r~6'f~ ~0?N ?o WY ~ ~II cosp of said ooll~ction, includinp a naonab4 atlornn/~ fK. 1 1 j Said bank ia frr~by ~xpreuly ~vtboriz~d ro rM~in ~ny y~n~ral or sp~ci~l deposit, aollater~l, r~al or perwn~l sacwity, or ti+~ proc,~eds tMrcof, b~laq- ~ ~ny to ~ithsr of us, ~ow or h~r~ah~r in tir pos~ession of it durinp th~ tim~ thb nw~ remains unpsid, and befon w ~her m~turity Mr~oi may appir th~ 1 1 s•m. to ~his w~ny wFMr d~bt a IiabiUti~s of ~irF~ of us ~o said b~nk, dw a ro beoom~ du~. Giwn urd~r tM haed and wd of ~acfi p~rty. 1 1 - : ~~~7 ~tan+p~ • ~ ori~;-:xt r.o~ ~ P. O ~ ~sfd S2iuZ:1e~ ~ O~XF-a[-tiC-e'„l ;Ssal) ; .Jo W. Gleason ~ ` ~ , . ~ ~-o, ~ No Due • ~ . ~ / Q~~. c1--{Sesl) ~ Fwm100 JJ Catherine T. Gleason ~ soox 21~ 10~0 ~ ~ ~ _ - ~ _ ~ ~ , _ ~ ~ ~ ~>_x., . - . - ,