HomeMy WebLinkAbout0357 ~j .
I a d to ~iold 1{~e same, togplher with the teneme+~ts, hcredilaments and ap~urle-
~o ~iaue n
nances thpreto hplongir~~, anc~ t~~e renfs, issues anc~ pro~ifs Ihereo~, unto fhe mortgages, tn ~ee simp~e.
~11~i1 the mortgagor coi~enants u~i1h the morfgagee that 1{~e mortgagor is inde(easibly seized of said
land in Jee simple; that ttie mo?tgago~ has good right ond Iaw(ul authorily to coRVey said la??d us a~ore-
~j sai~: f~~at tf~e morlgagor u~i~~ ma~te suc{~ Jurther nssu?ances to pe~~pct the jee simp~e tit~e to said ~and tn f~e
mortya~ee as may reasona6ly 6e required: ~hat ~he mo~tgagor here6y ~u~~y wannnts the iitle to soicl lnnd ~
i` and inil! de%nd 1he same againJt the ~aw~ul claims o( all persons whomsoeuer; and that said land es f ree
~ ancl clear oJ nll encum6rances, exceptinq taxes far the_ year 1973; but, subject to the I
aforesaid terms, covenants, agreements, obligations and pro~isions of said De-
claration of Condomimium which Mortgagor in all things does covenant to Mortgagee i
faithfully to observe and perform; t
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~rouided ~lways, that ij said mortgagor shall puy unto saial mortgagee the cerloin promis-
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I sory nofe ~ereinajter su6stantinlly copied or identt~ied, to-wit:
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~ 4, 5~ 0. 0 0 Stuart, Florida, , 19 7 3
For vatue received, I, we, or either of us jointly and severally promise to pay in lawful money of the United States of
' America to the o~der of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this ciry the pri~apal
sum of F'OUR_ THOUSAND FIVE HUNDRED FIFTY AND N01100 .______J____.____:_ •:_Dollars
tog~tFw with int~nst from da1~ st th~ rs» of p~r antum p~r annum on tha unp+id balarw until paid, said principal and interest ro b~ payabl~ as
Ii ~i~: ~thh ~~r.~t~n of _1~~I,Y.FTX.-T~!IQ- -~1Q-0-------------,----- (t_42_2Z.__~ ~~..~r, ~
18thd,~, ~ .,d, ~;,,,,;,,9 _ 18tIz___ d,y or November- - , i9 73
18th 18th October
and co~tinuinp on tir d+Y of eacA ~+d ~wry month tMr+~ft~r until th~ d'p °f •
19_._~$., on which siid dst~ tF» ~ntin balarw of p~inap+l and inlKest then unpaid sh~ll becom~ dw and pay~ble. Esch payment i: to bs appli~d
fint to inte?est snd tl+e balanc~ to principal. In cas~ said instsllmants, w any of them, aro no~ paid within IS days aFte~ the same becoen~ dw, th~ whol~
of said princip~l snd int~nst sum shsll forthwith become dw and p+yablt ~t the opYan of the holder of this nor~.
We, th~ maken, sw~ties, ~ndon~n ~nd gwr+nton of this noro, Fxreby severally waiva pres~ntment fw psyment, notice of nonp~yme++t, p?ottst snd
notiu of protest, and diligenc~ of brinping :uit-~g~irat sny puty tlNnto, at~d cans~nt that tim~ of payme~t may be extended wirhout notice thereof to
ury of tht svnti~s oi this not~.
Now, sFwvld it b~ r~assary fo colkct this noN tMagh sn attwn~y, exh of vs, wMethsr make~, sw~ty or endwstr on thia note, he~eby agn~ to pay
dl oosn of said aollwion, includinp a nasa+abk attorne~/s fa~.
Said bank is her~by ~:pr~ss~y avthwized to rotain any g~n~ral w sp~ci~l deposit, collatenl, real or personal security, or tl+s procecds thereof, b~long-
ing ro~ither of us, rww w F+er~after in the posseuion of it during the tirn~ this note remsin~ unpaid, and before w after matwity hereof may apply ths
s+m~ to this a any other d~bt w liabifiti~s oF eithe? of us to said bank, du~ or to bec~orr» dw. Given ~nde. the hand and s~al of e+ch party.
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P. O HN E. BURGESS (~al)
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. BURGESS
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