HomeMy WebLinkAbout1538 ~o ~iaue and to ~iold ih~ snnu•. lo~~~•t~~er euil~i I~~a Irn~~menis. herrilitumenls a?u~ appurlv
~~nn~~i~s I~~rrrlo ~i~~~un~~ing. an~~ I~i~ rn?~fs. issu~~s ~~n~~ projils l~~~~r~~oj. ~u~fo f~~e marlc~a~~~e. in ~ee simp~N.
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nd I~u~ rnorl~~ai~ur i•o~~rnonts u~il~~ I~~e morl~~a{~~e I~~al fhe martya{~ar is i?u~r~~~asi~~y sNiz~•i~ o( saic~
Inn~l in simpl~~: Ih~1 tlie morl~agor I~as ~0«1 ri~l~l and laic~~ul a~dhorily lo conr~~y said lund as ujore-
~ soi~l; Il~at tlu• mur?qagor u•i~~ make such (urll~er uss~unni•es fo p~?JPfI IhP fee simple fitle to said ~nnd in the
i m~~rfga~~i~e os muy r~~asonaE~~y ~~e rPyuire~~: tf~af I~ie mortf~ac~or ~~eretiy ju~~y u~a?ranfs fhe fif~e fo sai~ ~ant~
a~~d irill il~(F•nd tl~e snme a~ainst Ihe lau~ful i•laims o~ a~~ pe~soi~s u~homsoe~•er: artd Ihat said ~and is ~ree
~~~~~I cl~~~r o( ~Il ~~nr~~ml,r~+~r~s , excepting taxes for the year 1973; but, sub ject to the
aforesaid terms, covenants, agreements, obligations and provisions of said
Declaration of Condominium, which Mortgagor in all things does covenant to
Mortgagee faithfully to obsexve~and perform;
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~rou~ded ~tways, fhat i~ sai~ morfyagor sF~aU pay unto sau~ morfgagee the certain promis- j
sory not~ herrinaJter su{.stanlia~~y copied or identi(ied, fo-irit: i
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4~ 5 5 0. 0 Q Stuah, Ftorida, Atxtust 13 , 19 73 ~
or value reoeived, I, we, or either of us jomtly and severally promise to pay in lawful money of the United States of
~nzerica to the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this city the principal
um of _FOUR_THOUSAND FIVE_HiJNDRED FIFTY AND NO/100_-_---------_--------_-_pollars
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yerF,er w~th infenat from dste N tM r~t~ of .S p~r a~ntum psr ~nnum on the unpaid b+l+~a until p~id, uid pri~+cip+l +nd interett to b~ pay~ble ~s
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~ ; ~o~,s: i~ ~„or+~hty ~.~.u~~y of _ NINETY-TWO_.._DOLLARS---ANA..27J100----- ~--92-~-~~----> i~rNtir, o~ r~» ,
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; 30~1 d~r of each month beyinniny on the . 30~1 d~y of _~~V~'Y---...^_-------------•--------------------., 1973_--- `
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~ conr~nvlep on tl» 30~ day of e~ch ~od every month therwher until the 30~ . day of --_---OGtD~E..'r-------------------.
~ a ~ H, on which said dat~ ths entire balanae of principal and interest tAen w~p+id shsll become due and payabk. Each p~ymem is to be ~ppl'~ed
` •;i ~o inrerest ~nd the bal+nce to principal. In case said inst~llmenb, or ~ny of them, are ~wt paid wi~hin 15 days after the i+m~ become dvs, the whol~
~ f ~e d principal and ime~est sum shsll fathwish become due H+d p+yabk at the option of the holder of th~s nots.
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G Vre, the maken, sweties, endorsers and guar+nton of this note, hereby severally wsive presentment fw paymcm, notice of non-payment, protest and
;r:~e of protest, ud diligente of btinying suit ~ga'u~st a~y party thanto, md consent tMt time of payment may be extended without notice thereof to
of ~h. swet~es of this nob.
~ tJow, sfiould N b~ netess~ry ro oolletf this note tFvough a~ ~ttorney, e~ch of us, whe:her maker, surety or endorser on thls note, hereby sgree to pay
~ ' cos+s of said coll~ctao, includinp ~ reasonabk ~tton+e~/s fee.
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~ Se~d bank N her~by expressly ~whorized ro ret~in ~ny yeneral w special depos~t, colisteral, real or personal sec~rity, or the proceeds thereof, betong-
~ ~ ro e~ther of us, now o~ hereaher in th~ poaseuion of it dwing tFr tims tbis note remains vnpa~d, sod be(ore or a(rer maturity hercof m~y appiy the
~~-e to ihu w~r otl+e~ d~bt w IiabilHia of ~ithe? of vs to said banlc, du~ or to become due. G~ven under ~he I~snd and se~l of euh pa.ry.
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. ~otumeMan Ste^A~
ti a n!~1-' i
ptif~^..t ~ ~
. O ~Q CbR:e,:ad ~y~s~s/' ~_i ~L~ ($ea~~
Wilson Y. Schwenk
~ ' cc~ (Seal)
Due
~;s .,m Delores A. Schwenk
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t1 4 ~~Q : ~ ~ :~J
~ BOCK
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