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HomeMy WebLinkAbout0953 . ~ ~o ~t~ere and to ~!o!d f~ie same, toget/ier with fhe tenemenfs, he?ec~itamenlr a~~ appurle- nances f~erpfo fie~onging, «nd the renls, issues an~ pro~ils thereo~, unlo t/~s mo~fgages, tn ~ee aimple. Ill~{l thcr mortgagor ~ot~e~~ants witl~ tl~e morfgagee Iha! ftie morlgagor ts inc~efeaslbly seized o~ saic~ land ire jee sirnple: ll~al 1he mortgagor 1?oa good rtght and Iaw~ul aulho?ity to convey auid Innd ~ afore- said; fhat ii~e mortgagor wi~~ mnke suc~? f wfher asswnnce~ fo per~ecf tke )ee simp~e til~e fo said ~and in the mortgagee as may reasona6ly 6e ~equired: tF~nt the mortgngo~ here6y f ully warranta the litle !o said [and nnd u~ill deJend the same against tl~e IawJul clatms o~ all persona wl?omsosver and thnt sa~d Iand i~ (ree and clenr o~ all encum6?c~nces eXCept1T1Q taXe5 f02' the ve87' ~ U73 ~ but ~ suhject to the aforesaid terms, c~venants, a~reements, ohligations and provisions of said berlaration of Condominium which ~iort~ap,ar in all thinQs cloes covenant to '~!ort~a~ee faithfu2lv to ohserve and perform; ~ I ~ I ~ : j ~~u~~ I1i1~fAys~ that ij said mortgagor ihall pny unto said morfgagee the certain promis- f ! sory note hereinn~ter sttbstantially rnpied or itlentiJied, to-wit: ~ t ~ . ~ J - ; ~ ' - ~ ~ 4, 20Q. OQ Stuart, Ftorida,_____ February 22 ~ 1974 : } For value reoeived, i, we, or either of us jointly and severally promise fo pay in lawfui money of the United States of . 4 America to the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this city the rincipa) P ~ sum of FOUR THOLISAND Tt~O HCTI~DRED AND NO/100 . . . . . . . . . . . • • pottars ~ - - - i i tog~thK wifh irM~rest fran dab ~f tiN r~t~ of . S- pK oenwm pa annum on tht unpaid b~lanq until paid, s~id p?incipi) and inte?tst to be p~y~bb Y : i t ~ follows: In ~~~y ~~,.n~,n ot _EIGHTY-F I VE _ AN D.._ 17110 0-_ • ci_ 8 5_._17---- 3 includ:ny ~ntcrest, on the ~ , • _ ~ { x ; ; 22nd___ 22nd March , ~ _ d~y of each monrh beginning on the ~ _ . - - d~y of - , 19_ 74 ` ~ ; , . ; and continvinp on th~ -,----2.2AC~___-- day of each ~nd svery ma~th ?hereafter ~~rti ~ ..?2nd-- - - day o~ . Febri.ary_--- . ---y ` 19.79 , on whrch iaid dare th~ entire batanc. of princ~pal ~nd i~terest then unpaid shall become due and payabte. Each pryment is to be applied f'vst to interest snd the balance to principal. In use ssid ieutallmenh, or any of them, sre not p~id wiihcn 15 dsys sfter the same become due, the vrhol~ of s~id princip~l and int~r~at ium sh~ll fonhwith become dw ~nd payabte at the option of rhe hotder of rh~s rwre. We, th! m~kers, sweties, endorsers and 9uu~nton of this note, hercby severally waive presentment for p~ymenf, not~ce of non-psyment, protest ~~d S ~otice of protest, and diligence of brir+piny suit ~pi~ntt ~ny puty ther~to, and co~sen~ that time of payment may be extended w.rho~~ nos~ce t%~ereof to ~ny of tM swet~cs of this not~. ~ Now, shouW it b~ necessary ro colket this noh through an sttomey, esch of vs, wFx~her msker, surety w endorser ors th~s note, hereby agree to p+y ~ all cosn of said colkct~on, includinp ~ ressonabk ~ttornty't fee. ~ Sa~d bank ts harrby .xP?euly .vrho.;sed ~o rer•m ,ny yn~,•1 0. sP.c;at deposa, oollateral, rMal or peraonal sewrity, or the proceeds thereof, b~lag- y ing to either of us, now or hereafter in the posse:sion of ~t during the t~me ~h~s ncte rema~ns unpa~d. and be~o~e or afrer maturity he~eaf may apply ths ' s~ms to tha or any other debt w liabilitis of either of us to said bank, dve or ro become d+~s. G~ven unoer the hand ~nd ual of eacn parry. ~ ~ ; ~xed ~ry So-,-, ~ ~?r1 ~ ~g"''~ t~l.!/J C~ ~/~o~w I':~ ~ P. O ~ . (Sean , ~~M.ES C. BROSSART /N° Due ~ Seal) ~ ~ ATRICIA A. /BROSSART y ; i ~ ~ , E r ~ ~~Z Fb~~ 952 ~ 4 ti 2 . - , - . . . . - ' , . . . . . " " . . . - ~V~