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HomeMy WebLinkAbout2396 ~t ~W~ fhe same, together with the feneme~la, he,.dtra,ndna and appurte- nnncea lhaeto belonglag. anc~ fke rents, rasuea nnd prof ib thereo~, unfo 11~e mortgagee. in f~ ~tmple. ~ fl~e mortgagor co~enanls with tl~e mo?tgagee fhnt ihe mortgagor is tnde~easid~y seizec~ o~ said land in Jee simple; thut the mortgagor has 9ood ~ight nnd lawjul uutho~ty to coni,ey said land aa a(ore- aaid: that t~e ntoNgagor wil~ ma~e auch f urt~er asaurances to per~ect the (ee simp~e tit~e to said ~and tn t~e mo?tgagee as may .~a,o?~bly 6e .~qu~r~d: thnt the mortgagor he?+e6y juliy warranta tl~e tit[e to said lnnd and w~ll d.jend the snme agninal the Iaw(ul claims of aII pe?sons whomsoeuer; and that satd lnnd is jree w~d ~l~r oj ~l[ Q?~.m6~a.«~ except taxes accruing subsequen~ ~o December 31, 1972. ~ u.,..,~~ ~~~'WIY~II ~~5~ that i) said rnortgagor shall pay unto said mortgagee the certain promis- , i aory note hereina~ter substantial~y copied or identi f ied, to-u~it: ; ! S ~~Z,ZHO...OO-••-• STUART. Flor~da. --._MA3t..30_...._.._..........._........----. 19..73.--~ FOR VALUE RECEIVED, !he undetsiqned, jointlp and severally, PROMISE TO PAY !o ihe order ot EDI~'ARD..hII~,~,~~.8_.SON.,..INC a_Florida. corporation.-~---.... ~ine Hundr.ed. For#y.-T.zvo..T.hausand.4ne..Hundre.d.Eighty..amd .r~oI.~OQths-..__..-,._._.--_---_---_---_ Dor.LAas, ~ ai ...Stl~~'t,. Florida.---••-~ ._._or Such other place as !he holder ' hereat map designate in wriling, logether with interesi irom date at !he rate oi .7.. ll..~ . per cenium per annum on the unpaid balaace until maiuritp. The said printipal and interest shall be duc and payable as ioltows: $314, O60 . OQ, with interest then due on May 30 , 1974 . '$314, 060. 00, ~vith interest then due on May 30 , 1975. $314, 060.00, with interest then due on May 30 , 1976 . The maker may prepay this indebtedness in full at any time and may prepay the same in part at any time subsequent to January 1, 1974, without payment of penalty therefor. This Note is subject to an Agreement to assign the same dated May 30 , 1973, between the payee and First Wisconsin National Bank of Milwaukee. II default ba made (or days in the pa~ment oi anr installmcnt of O*;hcipal or interest or any part l6ertof, t6e wr!~ole tum t6ee remainin~ unpaid Nith interest shall ~t h?tdsr s option 6ecome duc wnd parable rithout notice_ Failure !o exercise suc6 oytion shatl not conatitut a ya)ver of the ri~[ht to e:etcise the same in lhe c~ent uI suSsepuent de(au1L At[er maturitr bolh Driocipal and accrved int~rest shall br:~r interest at ?...1(..~ber «olum yer annum until paid. The makers and e~dursers of this note lurther rair~ demand, notice o( non-paymeat and protest. - if this note is not paid at matur:tr and the same is placed with an at~urne~ lor coll~clion, the makers and endorsers hcreot asree to pay all costs of col3ection, includin; ali court costs and re~~onable attoraep (ces_ ~ P~,PE 'S NDING,,~IlVC . ~ ~ By:~ . .a.~~2 - -~---.csEAL~ r~ Ro ert J. Granger, President . . . - - - - - • tSEAL) . 1 ~ _ .__...----...__(SEAL) . _ . - - _ _ - - - - ~ I~ ..._.......(SEAL) I~~ ~'.,3~C3C ~'.~~S~L ~ ~ 800K 214 PACE2395 , , ~ ~ 3~7 ~ecL 2330 ~ ~ ~ ~ - _ - - - . ~ :a . 3`. ~ .,t ~.Y _ , ',.~ss'y~