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HomeMy WebLinkAbout0514 i ~o ~ue and to ~iold Ihe same, together tuith the tenemenls, htreditn?ne~ta and appurte- nances Ihereto belonging, anc~ !/~e renls, issues and prorils thereo~. unto the mortgap~e, in t~e simp~e. ~ ~i the mortgago~ covenants wilh !he morlgagee fhat th~ mortgagor ti tnde%,i6ly seized of satd land in Jee simple: lhat the morfgagor has good right and law)ul authority !o convep ,~d lw~d ai a(on- saic~; Ihat fhe mortgagor wtil make ~uch Jurt?~e~ wswonc~es to ps~ac! the ~ee timpl~ tifl~ to satd Iand in l1~~ mortgagee as may r~onably 6e .eyo~.ed; that tlu mortgagor hereby (ully u~arranti the title to aald land and u~ill de(end the same agairuf the law/ul claims o~ al~ pe?~sons whorruoeuer; and that said land ia Jros and c[enr o~ all encum6~+ances , excepting t8XeS f01" the year 1973 ~ bUt ~ SUbjCC to the aforesaid terms, covenants, agreements, obligations nnd provisions of said Declaration of Condominium which Mortgagor in all thinRs does covenant to Mortgagee faithfully to observe and perform; I . ~ i j ~rouided ~lwnys, ttiat i! saicl• mortgagor a~n~j pay unto said mo?tgagee the certuin promtt- ~ sory note I~e~einn(ter su6stantiaUy copied or identt~iec~, ~o-wit: 1 l ~ I p;:~~~mentary ~M~M~M'~I~ I~~~l~~~~M.~ tiNW~~ . M~ ? i i C~~~~~~~+~ i ~ anA ance?led ? ~ ~ l1,~_4 S 0_ 0 0 _ Stuart, Florida,~~Y 15~ , 19 ~ 3 i~ For value received, I, we, or either of us jointly anc! severally promise to pay in lawful money of the United States of f ~ _ $ Nmerica to the order of FIRST NATIONAI BANK AND TRUST GOMPANY OF STUART at it: offics in this city the principal 4 FOUR THOUSAND FOUR HUNDRED F I FTY AND NO/ 100 ~._pollan ~ sum of ~ ~ top~tl~ with Im~nst iran dar ~f th~ rM~ of p~r anwm pK amurn on tM w+p~W balana unHl p~td, wW prlncip~l and Ent~nst w b~ p~yabM ~ f i ~ foibw.: ~n mw,thlp a,.rNFm~m. of N i n e t~?~a n d 2 4/ 1 0 0 ct 9 0. 2 4 ~~arip Im«..t, on d» ' ; lSth 15th June 73 ~ e day o~ ~~d+ n+onrh b~pinninp on th~ day °f . 19 , ~ ~ 1 ~ ~ lSth ' and continuinp a+ tM dnr of ~~ch ~nd ~wry momh th~n~f»r uottl th~ ----1 S_L~l--- d~Y ~---_____.._.ay - ~ 1 7Q { ~ 19. .../.3~ , o~ whicl~ aid dab tlw ~ntin b~lanu of principal ~nd intK~st then vnp~id sh~il becorrw dw and pay~bl~. E+ch p~ym~nt b ro b~ ~pplbd i fint to inrerst a~d tM bd~ to printipal. 1~ ta~ safd imtdlm~nM, or ~ny of tMm, ~n not p~fd wifhin 15 d~ys aft~? th~ sart» b~cort» dw, tM wFwb ~ of s~td principd «+d M?tK~t wm ahall (wthwith b~oom~ dw ~nd p~y~bb ~t th~ optioe of th~ holdN of thb not~. • 1 ~ W~, tM maken, ux~tiy, ~ndoc~~ and puuMton of thi~ ewt~, h~reby Nv~r~lly waiw pr~s~ntr~+t for paymN+t, notiu of noe~p~ym~nt. pro»~t w+d 1 ~ notia of p~otnt, ~nd diliqenu of b?tnpfnp ~vit p~kat ~r pwty tfwnfo, ~nd aor?a~nt tMt tim~ of paym~nt m+Y b~ ~x~~nd~d withaA ~otic~ tFwr~of b ; ~ny of th~ aw~ti~s of Mb non. ~ j Now, shoul~ it b~ n~onsary ro aollect thh not~ tlxa,ph an ~naryy, ~ach of w, wMtFwr mak~r, wnry w~ndorNr on this nWs, h~r~by prN to p~y ~ y •11 oo.n of a.id coll.uioe. iocludinp a naon~bb ~»orro~I~ fN. ~ S~id bank b ha~by sxpr~ufy authorind to nt~in ~ny y~r»r~l or ap~ci~l d~poiit, aoll~t~r~l, nal w pe~wn~l Ncvrit~r, a tM proce~ds tMreof, bslonp- ~ ~ inp w Ntl+er of w, now or I»r~aftN fn tM pwNUion of ir dwinp th~ tkm thb noh r~maka w+p~id. ~nd befor~ w~f»r m~turtty h~rwf m~y app~y tlw ti a~rrn w tha a~rry otMr d~W w Itabiliriw of ~itMr of w w said b~nk. du~ or w b~oar» du~. Giwo und~r tM hand n+d Nal of ~~ch party. f ~ ~ ~ ~ ~3 • • 7 _ ~ ~ ~4 ~ P. O . John B. R o ~ ~ ~ € ~ ~a ~ (Seal) ~ No Due ~ A. ED T}i uvo ~ ~ ?o.~ ~oo ; ~ ~ - . , ~ s~,~,.«+..~ . ~ ~ ~ 8oeK2~5 FAcE 512 ~ ~ ~ ~ ~ _ ~ _ _ - - ~ ~ , , ~ ~~-s- . t_ ~ _~;"~y'~ ` . _ ~ - - ~ _W~