HomeMy WebLinkAbout1987 ~0 I~AVt 1W~ the same. lopef~er witf~ !~e fenemenlt, heredifam~nla nnd appwfe-
nancea lhereto be~ong~ng, and f~e renls; issues ond prolt~s fhereof. unto f~ie niorlgays~, tn, ~se ~tmp~s.
~ tha mortgagw covenanf: wil1~ Ihs mortgapse tl?at t~~ n~ortgagor tr inde(eaiib~y aetzed o~ satd ,
~anc~ in f
ee simp~e: fhaf the ~nortgagor hw goa~ rtgl~t ancl jaru)u~ authorily !o conusp iaid lana au a~oro-
said: tl~at the mortgagor wiU make, such /urthsr asiurancas !o p~r~rct th~ J~ sirnpl~ titl~ to aald land in th~ ~
mo~tgagee as mny ?ea~onably be requtred: that Ihe mortgagor 6..e6y )ully u?arranta tltt titb to said land
and will d%nd the sar+ee agatnsl ths Iau~Jul clatrru o) n!! penons whomsoe~; and lhat satd land ta /ree
and clear d/ a!! encumbrnnces eXCCptlTig t~XeS fOt thC y@aT 19.73; bL1t~ S~bjeCt .
to th~~=~foresaid terms, covenants, aRreements, obligations and
n isions of said ~eclaration of Condominium which Mortgagor in
1 things does covenant to Mart}~agee faithfully to observe and ~
perferm;
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V ~s~ t~nt i( said mortgagor shuU paq unto said tnortgagse the certoin promis-
sory nofe hereinaJter sub~tane~a[[y copiec~ or iclenti(iecr. to-wit: '
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g S, 2 5 0. 0 0 Stuar!, Florida ~ 19 7 3
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' For value received, I, we, or either of us jomtly and seve~aliy promise to pay in lawfu) money of the United States of
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+ America to the order of FIRST NATIONAL BANK AND 7RUST CAMPANY OF STUART at its offioe in this tity the p~incipa)
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~ sum of FI~ _THOUSAND Tt~ IiUNDRED ~'~T~'~,~jR jqO~ld~ _ Dollars
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~ ~o~ih.. w~~h inn»at from dah ~t tM r~» of . H p~r aewm p~r annwn on Nw unp~id bala~w unHl paid. s.id pindp~l ~nd inhr~st to b~ pay~bl~ d
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~ fo~~.: ~rhy ~?.r.iu~a oFONE _IiUNDRED_SIX & 46,1OQ.___..__ . _ 1Q6. 46 ~
u? - - - (f~ _ tndvdirq int~rwt, on tM
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~ ` ~ ' .~y- (2.
; 1 ....:`2~.~ day of each month bpinniny on th~ ~-~ftt-- dhr of _____~__.-f~L4i~.~..._._._ .T__~~__.. , 14~.~
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E ~ and continu • ,
f ± inp on th~ ....-~f---~'t`---. d~y of ~ach and ~wry monrh tMnaft~r until th~ .----~/-,fr~.t~.._ d~y of ._.._~~4~:..r.t.i~._---_.~.__,._~._,
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€ ~ 19 78... , on which s~id d~t~ tM entirM balu~c~ of p~incipal and intKeit tMo unpsid sF?~11 become dvt and payabk. Each paym~nt es ro bs ipplisd
~ ~ f~nt to intertst ~nd tlw balanp to ptintipal. M ui~ said inat~llrr»nb, or any of them, ~re not p+id wi~F~in i5 days ~ft~r 1M a~m~ b~can~ dw, th~ whol~
~ of ~aid ~nci 1 and inter~st sum sFall forthwith b~com~ dw and op
t ~ P~~ P+ p~yabl~ af the tion of tM holder of rh~s not~. .
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` ~ We, fix maken, swetits, ei+dor~en u~d pwrMtors of thi~ nwe, he~~by s~ver+lly w~iw p.eser?tmenf fa p~ymen~, notice of ewnpaym~nt, proteit ~nd
~ ; natice of prore~t, ~nd d~ligaae of brin~iny suit apiinst ~ny party tMnro, ~nd co~s~nt ~hat tirn~ of p~ym~nt m~y be ~xtend~d without notice tF»r~of to
~ i ~ny of tlw tureties of thb not~. '
t
~ ; Now, ~Fw~,ld it b~ n~uisary to toll~ct thi~ not~ throuph ~n ~ttorMy, ~ach of w, wMth~r m~k~r, ~vray w ~ndor~ on th~s not~, h~rtby ~yrN to pay
~ ~tl costi of ~aid wlbaio~, includi
~ np • ?~~wn~db ~ttornty'~ iM.
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~ Sa~d b•ok a 1~eby ~xpr~isly au~ho.ized to raun any p~n~rd w ap~c;~l depos~t, coliNer~l, nd or personal s~c~ritY, or the proceeds the~eof, bdonq-
' ~ ~r,g to ~ither of us, now w Mre~ft~r in tM posseuion of ~t durirg tiw tim~ this nott remair?s ~np~id, ~nd befw~ a afnr m~twify Mreof may ~pD~Y tF~
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~ ~~rr» to this or ~ny otF~ d~bt w Ii~biKti~s of ~itMr of vs a uid bank, du~ or ~o becom~ dw. Giv~n ~er tFM Mnd and s~+t of eah p~rty.
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~ Cocu:ne~tary S'.amas
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, ~ aftixed onri~ 21 n0ie , ~
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; t p. ~ and cance~!e:t ~
F , k,. Q-N.`c < ~ cr a-' ~Seap
' I~ARVEY S TTO ' t
F , ; sooK 217 P~E+1979 _ ~
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t ~ No Due ; ~ ~j ~ • . ~-L~y~~~~~
i w.~, aoo ROSALIE SHATTO (Seal) -
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