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~ ~o ~iaue and to ~iold Ihe same, loyether witl? the tenementa, hereditamenta nnd eppurte-
nancrs Ihereto '?~~onf~ir~g, an~ fhe rnnts, issues antr pro~ifs thereo~, unlo the mortgngee, in Jee simp~e.
the morf{~oyor canenants u~~~h thA mortgagee that !he mortgago~ is indefewi6ly seized oJ said
f ~antl in ~ee simplP: thot the mortgagor has good rigl~! and lawf u~ aull~ortty to convey aaicr Innd at af
oro-
I said; t{~at the mortflaga~ will make such ~urther assurancea to per(pct tl~e jee simple tille to satd Iand in !he
~ mortgapee as may reasona6ly 6e required: ~har ihe mo?tgago? here6y f
ully wnrranta the tiile to said land
I ancl u~ill dejend the same apninst t{~e law(ul claims oj all penons whomsoeve~: and tl~at said lnnd is f
ree .
an~ c~c~ar o( n~l encum6?ances , excerting LRXE'S fOT the V@AT 1~73 ~ bUt ~ Stlh~,@C ;
to the aforesaid terms, covenants, as*reements, ohligations Rnd
~rovisions of said Peclaration of Condominiilm which ~lortgagor in
~ all thinns does covenant to !~lortga~ee faithftillv to ohserve and
~ perform;
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i ~rou~ded ~iways, !ha! i f said morlgagor shall pny unto saic~ morlgagee t{~e certain promis-
sory note hereinaJfer substantia~~y copied or identijied, to-wit:
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°v ~ n n n o Sruart, Florida,- February 2 2 , ~ q7 4
For value received, I, we, or either of us jointly and severally promise to pay in lawful money of the United States of
Americe to the order of FIRST NATIONAL BANK AND TRUST CAMPANY OF STUART at its office in this city the principal
' sum of _~_F~11B _SH Q_llSAl~11L_T_W9 4~
~N
~3E D~N D N OL0 0 - - -----Dollars
~ to~tMr with interest from date at Ihe r~b of 8 p~r oenwm per annum on tFw unp+id bals~ce unNl paid, s~id p?i~cipsl ~nd inrerest to b~ p~yable as
; ~ Ei ht five and 17/100 85.17
, folloMn: In momhly kn~•Ilmenn of ---Y- ) includin9 iMerest, on tM
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; 2.2nsi_... d.v oi ~.a~ nw~+t6 beyu+~~rq rh. .._22nS~ d+r oF March~_------ - . ~q.Z4--
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s ~ •nd ocotinuGp on tM .2211G~-- day of esd+ a+d every month then~fier until the ~~IIC~------ d~Y or _..----._.Febr.uar-}~-----_-----------------.
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~ 19 _ 7 9, on whidt s~id date the enti.e balance of principal and interest then unpaid shall betome due and psy~ble_ Each payment is to be +pplied
~ f~rst to interest and ths b~lance to p.incipal. In c~se ssid i~shllmenb, o~ any of them, sre not paid wi~hin 15 days after the same become due, the wf+ob
~ of ~~M ptincepal ~nd intenst sum shall fonhw;th become dve and payable at the opfion of tFr holder of th~s note.
~ We, fhe maktn, avreties, endorsers and guarsntors of this note, hereby severally waive presentment ~or paymMt, ~?otice of non-psyment, protest ~nd
q notice of protest, u~d d~ligence of bringinp suit against ~ny parfy therofo, snd consent that tirrr of payrtxm may be extended w:thout notice thereof to
~ .~y of r~,. swet~es of this The oblig ors reserve the right to prepay the within
~ o~ligation at any time without penalty.
; Now, ahovtd it bs neceus~y lo colkct this note tFxough ~n attorney, each oE us, whether maker, surety p endorser o~ this note, hereby agree to psy
x •If costs of uid oolledio~, G+cludinp ~ nnonabk sttorne~/s fee.
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Sald bink is ht?sby acpressly a~thoriz~d fo retain any general or special deposit, collsteral, real or penonsl security, o~ the proceeds thereof, belong-
~ iny ro~irher of us, now w hereaher i~ fh~ possession of it dwing tF» time this note rema~ns u~paid, and before w after maturity hereof may apply the
~~eM to this or ae~y oth~r d~bf w liabilitiN of ~ither of ut to said ba~k, dw w to become due. Given under the hsnd and seal of each party.
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~ P. O h,~. _ ~~_v'~`''~ ~i ~ =--~a~
a 'E%-r. Edward Young `
fi,xo ~ry 3, \ \
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No. Due ~ ° ~°n,~E//~ ''I ~~-~5+--~ ~ , ~ ---(Seal)
~ anne . oung
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