HomeMy WebLinkAbout1928 ' ~~t IW~ fhe same, togefher wtt~ ftie fenemenfs, ~ereditamenia and eppurft-
nances Ihereto ~?elonging, a~~ f/~e rrnfa, issues and pro~ifr-t~, unto !he inortsoAes, In !ee simp~e.
~ 1he i?reortgagor rnvenanta wlth the mortgagee thot tl~~ mortgagor !a lnd~~eaa~~ly aetzed o~ tnid
~an~ in ~e~e simp~e; t1~at Ike nwrtgngor hns good ?ig~l nnd ~nw~u~ auil~o?ity !o ~onv.~r satd lw~d os aforo-
aatd; 11~af 1{~e mortg4go~ wi~~ mnke such jurihe~ wsumncea to pe~rct the ~ee simple fitl~ to said Innd in t~e
mortgagee aa may ?easona6ly be required; tf~ut the mortgaeor hen6y /ul~y wananta the tttle !o :ntd t~?d
and u~ill de~end Ihe same againat the InwJul claima o/ nIl penona whom~oever; an~l that aaid Iend ia jroe
and clear o( all encum6r+nnces ~
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~ ~rnuided ~iways, lhat iJ said moHgagor sha~~ pay unto said mortgngee the cerlnin promis-
~ sory rtote hereina~ter su6~fantinlly copiec~ or icjenfi~ie~, to-wit: ~
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NSTALIMENT NOTE - $25,000.00
Stuart, Florida August 1, 1973 ~
For value received, I or ~+e, ~ointly and severally, promise to pay to the order of:
HOKE PROPERTIES, INC, A FLORIDA CORP,
P. 0. Box 846, Jensen Beach, Florida
TWENTY-F~VE T~IOUSAt~Ib and NO/200--------------------------------------DOLLARS
at above address, payable in annual instalLnents of $2,500.00 each, the first
installmen~ to become due and payable on the lst day of August 1975,and one
installment to become due and payable on the lst day of August each succeding
year until the vhole of said indebtedness is paid, ~rith interest from date at
the rate oP lOxPer annum, on the unpaid principal balance. Interest only shall
be paid for the first two years by the maker of this note.
~ If at~y installment of this note is not paid at the time and place specified, the
~ entire amount unpaid sha22 be due and gayab2e at the election of the holder hereof,
; All parties hereto, vhether makers, endorsers, sureties, guarantors, or othervise
~ hereby iraive demand, notice and protest. IP placed in the hands of an attorney
j for collection, xe ~ointly and severally agree to pay reasonable attorney's fees.
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k The makers of this note reserve the right to prepay same without penalty.
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~alph Kraaer -
~Y ~~~~li U ~ o..
Edith 'liola Kramer
Telephone No. 305 287-2593 fi~
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