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~ ~o ~i~ve and to ~iotd fhe same, iof/ether wit{~ !he fenentenfs, herecritnmenls ari~ appurfe-
1 ItqI1CPS fhPrefo he~onginp, an~ t~~e re~ls, issuea an~ p~o~its the~eoj. unto Ihe mortgagee. in ~ee simp~e.
I11t{~ the morlgagor conenanfs witf~ Ihe mortgagee that Ihe mortgagor ts tnde(easibly seized o) said
land in ~pP simple: thaf the mortgngor has good right a~d law(uI auti~ority to convey :a~d ta~d as ajon-
said; f/~af t~~e mortgagor wi~~ ma~e such ~urther ussurances fo pe~~ect the (ee simp~e tit~e fo satd ~anc~ iR the
mort~agee as may reasona6ly be requiretl; that the mortgago~ here6y /u~~y warrants the tttle fo said Iand
and u~il! de/end the same agai~ist the lawf ul claims oj oll pe?sons wl~omsoever; and t{~nt aaid land is /ree
and clenr of all enc~zm6mnces, exceptinq taxes for the year 1973 t but, subject to the
aforesaid terms, covenants, agreements, obligations and provisions of said
Declaration of Condominium which Mortgagor in all things does covenant to
Mortgagee f3ithfully to observe and perform;
i - :
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~ ~~V~ ~~W~ys~ that i f snid mortgngor shal! pay unto snic~ mortgngee the certatn promis-
( sory note {~ereinaf ter sutistantia~~y copied or identi)iecj, to-wit:
a 4, 550. 00 Stuart, Fiorida A~'gt 22 , 1973
!
For value rcoeived, I, we, or either of us jointly and severally 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 office in this city the principal
sum of ~UR THOUSAND _FIVE. HUNDRED FIFTY AND N01100- ___-_---_-----,-----_--_po~~ars
toqether with intanst kom date N th~ rat~ of per etntum pK annum oe tht w+paid balance until paid, said princ~pal aod internt to b~ p~yabl~ as
~ fo~law~: ~n ~rh~y ~+saum«+n of _.NINETY_-TWO.-DOLLARS _AND_. 27~100 (i_92 t.27----.._ ) includ~rg ~ntereir, oe tM
~ a 30th d.y of ~.d~ enw~th bspinnirg r~ 30th d,r or l~~venber-- iv
~3
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and continutnp on ti+e . 3OtI'1 d~y of e~ch ~od wery moe~h there~ft~r vntil the . 30~ day of -----~~r--------~-~-- .
~ 19 ..7.8, on which said dat~ tl+e entire b~isncs of principal x~d intereit the~ unpaid shall become due ~nd paysbfa Each p~yment is ro be ~pplied
g fi~sr to interest ~nd the bal~nce to principal. tn case ssid ins~allmer~n, w any of them, are not p~id wirh;n 15 days af~er the same becane due, ths whok
~ ~ of •eid princip~l ~nd imereat sum shsll forthwith b~come dve aed psysble ~t the optron of the holder of th~s note.
~ ~ We, tMa msken, suretiea, endorsen ~~d gusranton of this ~ote, hcreby seve~slly wsive presentment fa payment, notice of non-psyment, protest and
~ eotice of protesr, and dilegence of brinyinp suit agair?st any puty th~nto, ~nd consem th~t t~m~ of paymem m~y be extended w~~hout notice the~eof to
~ eny of tM suret~es of this not~. :
~ ~ Now, should it be necessuy to collecl this note tMovgh an attwney, each of ~s, whe+her m~ker, swety or endorser on this note, hereby ~gree to pay
~ ~II cwb of said collec~an, includinp ~ re~wnable morney's fee.
Said bank is har~by ~:preuly ~uthaiud ro ret~in sny g~ner~l or speci~l deposit, ooll~teral, real a pe.sonal secur~ty, or the proceeds thereol, belong-
iny to ~ithe~ of vs, rqw a here+fter in IM potseuan of it during t!» tims this note rem~ins unpaid, a~d befwe or afrer matwity hereof may ~pply the
i t~ms to thia p any otFw d~bt w liabilitin of ~ithK of us !o said b~nly dw or to become due. Given under the hand and ual of e+ch party.
~ Daumer.tary Stamps
~ aHixed origi ~aI note
~ P. O and canceile9
($Ca~)
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` Dalk x struction C ,QR
~ No Due ~ ~ (Seal)
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