HomeMy WebLinkAbout2085 ~o ~ve and to ~iold f~e some, toge!{:er u~tl~ the ten~mertli, h~?editamenls and appuNe- '
nances fherefo be~onging, ancr f~e rents, tasues nnd pro~ifa fl~ereof, unlo !~N rllortHaON.~f~t ~trr itmple• ~
~{1LIi ~ . ~2 . . .
the mo~tgngor rnvenants wilh fhe mortgaees that th~ mortpagor b indtJeo,tbly :et~d of said
_[and tn /ee stmple: tl~at fl~e mortgngor l,ai good rlghe and IawJu[ autl?wity to convsp satd la.~d aa aJoro-
said: flea[ the ~ortgaeor wlll make auch Jurtker assurances to pt?{~ct the ~ee simp~t ttt~e to intd ~and in th~
morlgagee os may reasonably be roquired; tl~af !hs morlgagor I~~.~s6y /ully wan~unb tke tille to ~ntd lq.~d
nnd will de~end the sane agatrut tho lnwjul cbima of all penons whomswwr: and ll~ot aaid Iand ta ~rt~
and ~1~~ oJ aIl en~b~an~ exceptinR taxes for the year 1973; but, sub~ect
to the aforesaid terms, covenants, agreements, obli~ations and
provisions of said Declaration of Condominium which Mortgagor in
all thinRs does covenant to ~iortRagee faithfully to observe and
perform;
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~V~ ~~s~ that if said ~nortgasor shau pay unto satd mortgagee the certain promb-
j sory note hereinajte~ substantially copied or identtjied, to-wit:
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3, 900. 00 Stuart, Florida June 26 , 1973
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` For value received, I, we, or either of us jomtly and seve~ally promise to pay in lawful money of the United States of ~
~ America to the order of FIRST NATIONAL BANK AND TRUST CAMPANY OF STUART at its offioe in thitc city the principal ~
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i sum of TxREE_THOUSAND NINE_ IiUNDRED AND NO/100 • Dollars ~
. . . . . . . . . . ~
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~ toy~tlwr with iM~nat from d~t~ at tlw r~n of p~r wntwn p~t ~nnven on tM unpaid baia~w until paid. said prineip~l and int~nst q b~ p~Y~ as ~
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~ SEVENTY-NINE & 08 100 79 08 ~
~ sollows: In monthiy krr.IlmenM of _ ~ • YS____._r• ) i~udHp irq~reat, ort tM ~
~
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~ 26th 26th July ~
; _ _ d~y of ~ae~ moneh bepinnFrp on t!~ day of _ , 191.~
i • 26th ~ 26th June ~
~ ~nd oontinuinp on tM day of ~~h ~nd ~wry ,nonth th~n~f»r vntii th~ day of ~
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4 ~
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~ 19---_7$, on which said dat~ tM enYv~ bal~nc~ of pri~cip~t ~nd int~r~tt th~n unp~id shali become dw and pay~bb. Each paym~nt is ro b~ ~ppli~d t
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t ftrst to in~erest a~d th~ balanu to p~incipal. In us~ s~id inat~{Inwe?b, or ~ny of th~m, ~ro not pakl within 15 d~y~ ~ft~r tM a~m~ becam dw, th~ whol~ ~
~ of ~aid princ:p~l ~ed int~r„t svm shall fonhwith b~conr dw ~nd payabl~ at tM oplion of tl+~ hold~r of this rat~.
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~ We, ih~ nwken, swsti~~, ~ndor~en ~nd wra?ton of th~s not~, Mre
~ 4 by a~verdly w~iw preHnfm~nt fw payment, ~ofiu of non~paym~nt, prot~~t ~nd
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; nwic., of pro~es~, .nd d~I;yenc. of brinpinp .uit .p•inat .ny p..ry ih.n% w~d oon~enr rh.~ rim~ of p.ym.m may b. .xr•nd.d w;~how norK. rMr.of w
~ ~ny of th~ sw~tih of thit not~.
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' ~ Now, ahouid it b~ nwisary ro coll~ct ~his not~ tFrovQh an ~narMy, ~ach of vs, wMtF~ mak~r, aw~ty or endwNr o~ this not~, iwnby prN ro p+y !
~ ~ •II cosn of said aoll~aion, tncludinp ~ rouonabl~ ~ttornn/s fe~.
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~ i Sald bank b hasby ~xpr~s~ly ~uthoriz~d to nbin ~ny ~rnr~l or ~pW~l d~posit, oollateral, r~al w perwnal ucurity, or tlw proceeds thereof. belonp-
i ~ ~nfl to ~ither of us, now or hsr~~N~r in th~ posaestion of it durinp th~ tim~ this not~ rem~ins unp~id. ~nd bsfw~ a~ft~r matwity herwf m~Y ~pply tM
~ ~ ••m. ro~h~s w.ny orh.r d.br or li~b~l~~wa of •~~h.. of w w said b.nk, dw o, ro b.oo~+» dw. G~wn ~nd.r ~M ha~d ~nd wd of ~ pany.
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~ ~ocumentar/ ~t?^tp5
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