HomeMy WebLinkAbout1533 ~~o ~aue and to ~lotd 1~~~ sam~•. tuy~•f~~~~r wil~~ t~~i~ i~•ni~m~nfs. he?e~~if~mu~nfs un~~ uppiule
nanrrs I~~~ri•!o ~,~~~ungir~g. an~~ 1~~~ n~nfs. issurs an~~ p?uJils 1~~e?ou~, unfo I~P morlga~pP. in ~pv simp~e.
!`n~ 1~~e morf~~oqor ror~•nnnfs ioil~~ Ihe m~»f}~a~~er fhal !he morf~~aE~or is in~r~~asib~y sNiz~•c~ oj sait~
I~~n~l in ~r~ simplr: fhat tl~e morf~a~or hns go«~ ri~~hl anrl laio~ul auihority fo i•unrt~y said lun~l as a~ore-
I sni~~: I~~af f~u~ murf~~aqor u~i~~ maRe suc~ ~url~~rr ussurances fo per~c~c•t fhe ~ee simp~e lil~e to sai~~ ~anc~ in ike
mo?t~~ageP as mn~ ri•nsunn~~~y ~~P re~~uirP~: Ihnl f{~~ mortqagor E~ereF~y ~u~~y ioarranls f~~e fif~~ fo sai~ ~nrtt~
un~l ioill d~J~•n~l th~ same a~~inst t~e l~u~jul claims oj al~ pe?sons u~{~omsoei~er; and that said land is Jree
an~~ c~~~~r o( a~( vnrum~~ran~es , excepting taxes for the year 1973~; but~ SubjeCt to the
aforesaid tenns, covenants, agreements, obliga~ions and provisions of said
Declaration of Condominium, which Mortgaqor it~ all thinqs does covenant to
Mortgagee faithfully to observe and perfazm;
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~rou~ded ~lways, that ij sai~ morfgagor sliall pay unlo sa~c~ morfgagee Ihe cerfaen promis- i
sory nole ~P?PIII(I~ter suhsfanlia~~y copie~ or iaentijiec~, fo-wif: ~
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~ S 4, 550. 00 Stuart, Florida ~ , 19
For value received, 1, 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 COMPANY OF STUART at its office in this city the principal
sum of FOUR_THOUSAND__FIVE__HUNDRED_ FIFTY AND__NO1100------_--------------_po~~ars
~ tog~ther witl~ inte~est from d~ro at ths raM of .S p~r oenwm per annum on tl+~ unp~id bal~~ce until paid, said prindpsl snd interest to b~ p~yable as
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i follows: tn mo~nthly ir?stallm~nb of ---~.INE_'~'.X-TwO---a.nd...~7J~0.0---- cs--92.~.?-.7._--....---~ includinp inferest, on ttw
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~ 30t~1 - d.y of ~,d, n,onth bey~nning on th. . 30th d.y cf ___.I~bVelclber_ 73
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E ~nd oontinvinp on tM •3O~'1 day of each ~nd avery month theresher ontil the 30~1 _ day of ._'_r---------------•
~ 19..~_S_ , on which said d~M the entire balu~ce of princi 1 and interest then unpaid shall become due and
W payable. Each payment is to be applied
~ fint ro inttrest ~nd tM balance to principsl. In ctse ssid installrn~nts, o? ~ny of them, are not paid wilhin 15 dsys after the same become due, the whota
~ of s~id principal ~r+d interest sum shall fathwith become dve ~nd payabk a~ the option of the holder of this note.
We, the m~ken, swerics, endorsen snd guar~nton of this note, hereby severally waive presentment for payment, notice of nompayment, protest and
~ ~ notics of protest, ~nd diligence of brinping suit ~yainst any party thsnto, and co~sem ~hat time of payment may be extended w~thovt notice thereof ro
~ny of tM surel~ea of this not~.
~ Now, ihould it be necesssry ro oolkct this note throvgh an ~ttwney, each of us, whether msker, surety w endorser on this note, hereby ~gree fo ps
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~ •II cosy of seid wlleaioe, tncludinp a re~so+ubk attorm~/s fee.
~ Said bank it Mreby ~xpreuly authoriud to reaio any yenerd w a
peti~l deposit, tollateral. real or personal security, w the proceeds thereof, belong-
ing /o either of us, eow or t~e~e~ft~r in fh~ poueuion of if duriny th~ time this note remains unpaid, and before or after maturiry hereof may apply tht
~ un» to 11~ w~ny otl~s d~bt or 1'~bilitie~ of ~i~her of vs 1o said bank, dw or ro become d~;e. G~~en unde. the har+d and ual of each pa.ty.
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~ j~yqyptietttary S~R'~S • _
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~ 8lfixed e.:,;"'~ note ;
~ P. O and car,,.e:,ed ~~~~1 r
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s~ ALF D E. POUiVD ~
~ No Due ~t_ _(Seal) ~
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~~oo ANNA K. POUND
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