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HomeMy WebLinkAbout0138 ~o ~ve ~nd to i~otd fhe same, together witk the tenemenla. heredtturr~enti unc~ appurte- nances fl~ereto belonging, anc~ !he rents, issues artd prof tft t~?ereoj, unto fhs ~torfgage~. tn ~hs rimp~e. the morfgagor covenonls wifti ihe mortgagee ~hat th~ mortgagor ia i~de(eaii6ly setzed o( said Iand in /ee simple; that the moHgagor haa good ?ight and lawful authortty to eonuer sald land at a(or+e- satd: fhat the morfgago~ will make auch (urther assurancea to per(pct fhe ~ee aimple tit~e to sntd land in the morl9aaee as may ?easona6ly 6e ~equired: that t~e mortgagor i~sreby jully warrants tl~e ~ttle to :atd b~d anc( wtI[ de%nd t6e some agninst the Iaw(uI claima o( atl persona whomsoever: and tl~at said land Is /?ee and clear o/ al[ encumbrancea exceptinq taxes for the year 1972f but, subject to the ~ aforesaid terms, covenants, aqreements, obliqations and provisions of said ~ Declarat3on of Condominiwn which Mortgagor in a1Z thinqs does covenant to ~ Mortgaqee faithfully to observe and perforiat ; . j~t... ~u~ ~11111~s~ that i~ said morlgngor aka~~ pay unto snic~ inoNgnpee t~e cerfain promis- sory note hereinaJter subs~anitn[!y copiecj or identi(ied, to-wit: } ~ ~ j f ~ . ~ ~ 4, 200 . 00 Stuart, Fforida 19 73 For value reoeived, 1, we, or either of us jo~ntly and several{y promise to pay in lawful money of the United States of ~ Ame~ica to the order of FIRST NATIONAL BANK AN~ TRUST GOMPANY OF STUART at: its offioe in this city the principa! sum of _ElLR~HOUSAND TWO HUNDRED AND NO/ l OQ - - pollars rog.rh.. wirh inrsr~st from da» af th. w» of p.r c.n+um p.r amwn on tl+. unp.id Wls~+a ~ p+~d. ' wincip~l and ?nte~s? w ls~ paysbt. .s fota~,: i~ ~rh~y u?.r.u,,,.~a ot E i q h t y f i ve a n d / 1 0~! ^ 8 5 1 7 ) i„d~ s~r, oo d+. ~ -_~~L_ day of ead~ month b~yinnirg on th~ af , 19~~ ~ .nd oontinuin~ on th~ -,29tt1.~ d.,? cf ..d~ .nd nwnth ft~. unti) d,. 9th d,p of r.~_ ~ 19._~8 , on wlrch 3aid d~ fiN ir! b~lsnc~ of pri snd in fh~n un{»id shaU b~con» dw ar+d paysbk. Ead~ payrr~it is to bs appli~d f~rst ro interost and th~ ba1 to 'ncipsl. !n cas~r ' irolii menb, any of thsrr, aro no1 psid within 15 days sfter the sam~ b~mrn~ dur, tl» wlwl~ of said principsl and in sum sh fo~thwith du~ and ~ble at th~ option of tM ho1dK of th~s not~. t We, tt» matcen, erdasfn and guarantors of t , hneby s~verally waiw pru~ntmrn~ fw psymant, ratic~ of non-paym~nt, prot~st and notip of protes~, u~d dil' of brinyirg svit ~g ' ~ny p~rty th~reto, a~+d consent thal tim~ of psym~nt may be ext~nd~d w;thout notice tF~ereof to j any of tl» suroties of fhh ~ ' ~ Now, should » b~ ooll~ct ' nob througl~ sn attorn~y, e~ch of us, wherlwr msks~, swtty or endorser on this nots, F~sreby sgre~ to psy a;l coab of s~~d cotl~ction, includins a r~ssonabl~ arorn~~s f~e. ~ Ssid ban4 is hereby ~xpreuly avthoriztd to rNain ~ny gen~ral or ap~ci~) depos~t, coll~tersl, real or perso~?sl security, w the proceeds the~eof, belonp. ing to ~ither of us, rqw or heresker i~ the possession of it dwing tM time this note remsins u~paid, and before w after maturity hereof may apply the ~ sart?s to this w+ny ot4w d~bt w li~bilities of eitMr of us to ssid bank, dw w ro becom~ dw. Given under the hand and seat of each party. ~ 11.ORJDA OOCUMENFI~Ry S1'aA~A /f ~ P. O TAX AFfif~o r~ ;:a,~~,•, . Ci! C^ I~JId-"vkf~~E[ ~ ~ ~.7cal~ d i 'Oonald S. Ashley No Due - ~ • ' (Seal) ~ ' ~,,,f~ /`Leot 0. Ash ley sourt,..~?.n+ ~C~K l• k FAG.` ~~lV