Loading...
HomeMy WebLinkAbout1549 i ~ I ~o ~iaue nnd to ~iotd !he same, loge!{~er with Ihe tenemenfs, lie?QClitaments and appurte- nances fhprelo f~p~ori{~inq, an~ f~~e rents, issues anc~ proJils fhereo~, i•nfo fhe mortgagee, in ~ee simp~e. Ihe mortgapor roi~enants wilh ll~e mortgagee tl~at the mortgngo~ is indefewi6ly seized o/ said Iand in (ee simN!~; thal the mortgaflor has good rtght and Iawful authortty to co~vey said land as a)ore- soid; that tl~e mortgagor u~ill make suc?~ ~urther assurances to per/pct the /ee stmple title~fo said Iand in the ~ mortgagee as may rensona6ly 6e required; that tl~e mortgagor here6y (ully wnr?nnts !he title to aoid land ~ and u~ill defend fhe same against the Inw/ul claims oJ all persons wl~omaoever: and tl~nt said Iand 'u jree anc~ clear oj a~~ encumbrances~ eXCeptirig t3Xes fO1C' the year 1973; but~ Subject to the aforesaid terms, covenants, agreements, obligations and provisions of said De- claration of Condominium, which Mortgagor in all things does covenant to Mortgagee faithfully to observe and perform; ~ I ~ ' ~~ys~ fhat if said mortgagor ahn~~ pay unto said mortgagee the certuin promis- sory note ~ereir,~~ter su6stantially copiet~ or identi~ted, to-u~it: ~ S 9.100.00 Stuart, Florida, September 25 , 1q7~ ! t For value received, I, we, or either of us jomtly and seve~ally promise to pay in lawfut 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 principa) aum of NINE_THOUSAND ONE__HUNDRED AND 130/1QQ----_---_- -------------Dollars toQ~tlx+ with intere~t ftom dat~ ~t the of pet ctnwm per annum on ?M unpsid balance until paid, said principal ~nd i~tertst to b~ pay~bk as folbws: In ~rhiy ~,sr.oo,e~n otONE.. HiJNDRED.--EI_GHTY-F'Q(~R_ _52~~.Q~ (i-~•.$4.-5-2-----.) indud~+y ~~te~est, on Nw 30th d.y of .,d~ ~w~,~h t~ 30th _ ~,y of - -NdVei:',~r _ 19_T_~ 4 'y ~ ~nd continulnQ oo ths _ 30~ .iay of each ~nd evcry month the?a~her u~til the 30~ day of ~~r ~ ~ 19.. _78, on which sa~d date fhe entire bal~nce of principal and interes~ then unpa~d shall become dve and payable_ Each payment is to be applied ~ first to ioterest ~nd the balance to princ7pal. In case iaid installments, or sny of thcm, are not pa3d with~n 15 days aiter the same become due, the whok r of s+id pri~cipal and interest sum shall torthwith become dw ~nd payable at the option of the holder of th~s note. e g We, the maken, sweties, endorsen +nd guuantors of this note, hereby seve.atly waive presentment for payment, notice of non-payment, protest ~nd ~ notice of protest, and diligencs of brinping svit ~ysi~st sny p~rty tMroto, u~d co~sent thst time of psyment may be extended withovt notice thereof to ~~ny of th~ soret~es of ihis oot~. 8 ~ Now, should it be necessary ro colleq this note through en sttomey, each of vs, whether maker, surety w endorser on th;s note, hereby agree to psy ~ ~II costs of•said colkdion, includinp ~ re~wnable ettor~ey's fee. Said bank b hereby ez es~ ~uthorized to retai~ ~n nerd w s pe p.xeeds the.eof, be{ong- ~ pr ly y ge peai~l deposit, collateral, real or rsonal security, or the inp to tither of vs, rww ot here~fttr in tF» poscestion of it d~ring ths time el~is note remains unpaid, and before or after maturiry hereof may apply the ~ NrrN to this or ~ny oth~r d~M or liabilitip of ~ither of us w said b~nk, dw or to become due. Given under tF+e hsnd and seal of each pa~ty. ~ : ~ pocamen?~n S•z ~ ~ ^,^S i ~ or;E,~nel r.ote ~ : eHixed P. 0 ~d cancc:ted ~ _ Char s E. Kaiser ~ No Due ~ ~ al) eno e R. Kaiser w: t: ~ s«,,~...~«,~ ~ ~ ~ ~ ~ ~ ~ _ _ ~ f ~ n~ •~JA~ ~;-Y , ::'j ' ~ -s5,`f : ~ . . . ~ .