HomeMy WebLinkAbout2627 ~o ~iaue and to ~lold I~u+ same, luyel{~Pr wilh Ihe fenemvnls. I~rre~Iilumenls an~~ oppu~ie
niinri•s l~~PrPfu ~u~~o~i~~in~. an~~ 1~~~ r~nls. issues ~n~l pru(ils Iher~w(. u~fo I~ip morl~u,yee. in f er simp~p.
~nd Ihe morl{~a{~or corrnanis u~ifh the morl~~a~ee Ihaf Ihe murt~anor is ind~(~asibly sNizrd oJ said
(and in (c•~ simplr: fhat fhe morfc~~por has ~ood rigRt and lau~f ut a~~tho.~ty io conney said Iund as n(ore-
sai~l; tl~ut 1{~~ n~orfgayor ~oi~l make sucl~ Jurlher nssurances to per/ect Ihe ~ee simple tille to sai~1 lan~1 tn t{?e
m~rtqagpe as may reasonably 6e requi?e~: 1{~af lhe morlgagor f~ere6y /ully u~arranis the title to said ~ar?cl
nnd ioill dP~end the same ~gainst tl~e lawfu~ c~aims of alI pe?sons whomsoever; ancl that ~aid land is free
~n~~ c~~a? o( a~~ ~?~~umhrnnces ~ exceptinq taxes for the year 1973j but, subject to the
aforesaid terms, covenants, aqreements, obliqations and provisions of said
Declaration of Condominium which Mortqagor in all things does covenant to
Mortqagee faithfully to obsezve and perform;
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~rouided ~llways, ftiat i~ saic~ morfgagor s~a~~ pay unto sa~d mortgagee ttie cerfain promis- ~
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. sory nule 1~e~~+najter sutisinntia~~y copie~ or ic~enlijiet~, to-wif:
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4 SS0.00 ~ Jul 24 ~ ~q~
! ~ Stuart, Flo ida,
For value received, i, we, or either of us jomtly 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
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sum of _~4_U~t _ THQUSQN D__EI_y_E I~[jN~R~l2~N12~`ISZ~ 10 0 _ ~Dollars
toQethcr with intertst hom~dat~ ~t tF+~ rm of pK Ctntum pK annvm on tM unpaid balanu until paid, ssid principa) u~d intenst to b~ psy~ as
bia~: i~ ~~hi,, ~~,~.um.~+n of __N i ne ty_- Two _ an d~ 10 0_----" 9 2. 2 7_:~ r,~~ o~
~4~1_ d~y of esch month beyinnirg on tlw __Z.4t~L-~ dhl of ~bI1S t _ . 19~~. ~
and continulnp on t!w -----2 4 t~l . day of ~ach and ~very monih th~n~ft~r umil th~ 2 4t}1 + day ~ .jllly -
19. 7
g__ , on which sa~d d~te the ent~re balance of princ~pal and intereit then unpaid sMlt become dus and payable. Esch payment is to be applied
fint to interest ~nd the balanct to princ~pal. In use said installmenb, w any of them, ue not p+id withu+ 15 d~yi after the sam~ b~carw dw, th~ whob
of iaid principal ~nd interat swn ihall forthwith becoms dut ~nd payable at the option of the holder of this not~.
We, the maken, sureties, endorsen +nd guu~nton of this note, hereby severaily wsive presentment for payment, noti~e of ran-paym~nt, protest and
naio. of p.orss~, and diGgenu of brirgcrg suit ayainst any party tF~u+ro, and ca+sem rhar rim. of psymenr may be e:rended w~rhour raria rhereof w
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~ny of th~ wretwi of ?his raf~.
Now, sho~+ld it b~ necsssary to oollect this note tMough an anorn~y, e~ch of ~s, whetMr maker, iwery or endwssr o~ this note, hsreby +gr~e to p~y
•II cosn of said coltect~on, includiny + reasonab[e attorney's fee.
Said b~nk is hereby expressly ~uthoriud to retain any general o? tpeci~l deposit, oollsteral, real or oerson~l security, w the proceEi thereof, belorg-
in9 ro ei~her of us, now w hereafter i~ th~ possessan of it during tl~e time this note remains unpaid, and before w afrer maturity hereef cra~ app~y the
•arrr to rh~s or an other debt w lisb~l~ties of ~ither of us ro said ban dw o~ r o/~ due. G~ven under the ~d snd teil of e~ch party.
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