HomeMy WebLinkAbout0183 ~o ~laue and to ~lotd the sam~. lugi•f~~rr tuil~~ I~ie lenemi•nfs. ~~e?et~ifamenls anc~ appurle
?~om•~>s 1~i~r~~lo ~~~~Ionging. nntl Ih~ renfs. issurs an~ pro~ils f~~prnu(. ~u~lo f~~P morfgagep. in (ep sin~p~p.
~n~ fhe mo?IE~af~or rori~nanls ~aif~~ I~+e mo~l{~ac~ee Itiaf Ihe morlgn~or is in~~N(~asib~y sviz~•~ o~ said -
~am~ in (ee simp~t•: f~~at I~ie mo?fgaflor has Aood ri{~{~I anc~ ~awJu~ aul{~orify to con~~ey sai<~ ~un~~ ~s u~ore-
said; Ihaf 11~~ n~oN~~a,yor ivill mal~e sucl~ ~urllter assurances lo pp~f
ecl Il~e JPP simple til~e to said land in the •
morlc~~gPe as ma~ rPasonnhly be required: t~a! Ilie morfgagor he?ehy Jul~y warranfs Ihe title lo said lancl
nnd u~ill c1p(Pnd tl~e sanie against tl~e Iaw(ul claims o) al~ persons u~f~omsoe~•er: nnd that said land is f?ee
anc~ cl~~ar of al~ e?uum~rances , excepting taxes for the year 1973; bilt~ SubjeCt t0 the
aforesaid terms, cov~enants, agr~ements, obligations and provisions of said
Declaration of Condominium, which Mortgaqor ir? all things dces covenant to
Mortgagee faithfully to observe and perform;
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~rou~ded ~ltways, t~at if sui~ mortgagor sF~nII pay unlo saicl morfgagee Ihe cerfain promis- j
sory note herPin~(fer sul~sfaniially copiec~ or icjenli~iec~, to-u~if: i
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August 13 ~q73
E Q, 20 00 _ Stuart, Florida,
For value received, I, we, or either of us jointly and severally promise to pay in lawful money of the United States of
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Amerita to the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its offioe in this city the principal ~
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FOUR THOUSAND TWO HUNDRED AND NO/1
sum of -
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~ to~ther whh inter~sl from d~tt at th~ r~ts of 8 p~r centue+ p~r ~M+wn o^ ~M ~^P~~ b+lance until paid, s~id principsl N+d imertst b be p+y~bl~ a
€ fo~lows: In moothly kuu~~~ts of _.EIGHTY-FIVE. AND.._17f 100__._ (t--8.5..1Z ~~I~+d'+w ~tsr~st, on th~ -
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e , 9th ~9_~9--
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~ - - - d.r or ~~h ~ . . 9 th . d.r of ay.~---- ~
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~ 9 t h A r~ 1----------
da Y - - . . day of p-
and conti~w4p on ths 9 t.h - y of each and ever month there~fier vntil tFN
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a 19 79 . on whi~ ~~id date the entiro b~lance of pincipal u~d interest then unpa~d sFwtl become dve aod paYabk. Each paymem is to be +PP~~
~ first to interest and tl+e bslance to principal. In case said i~stallments, a any of ~hem, are not paid with~o 15 days afler the ssrrK become dve, the who~e
~ of s~id principal and inrorest sum shall fwlhwith become due and payable at the opYan o1 ~he ho~de~ ef tha note.
~ ~ We, tM mekers, s~xeties, endoners and guarsntaa of this oote, hereby se~erally wa~ve p?esentnw++t (or paymenf, notice of non-payme~t, profest snd
~ notice of protest, ~nd diligence of bringing svit ~g~inst ~ny p~rty thMto, snd ca+sent that time of payment may be extended wi~hout not~ce ~hKeof to
~ ~ sny of ths suret~es of this rate-
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~ { Now, should it be necess~ry.to collect this note tF?rough en tltorney. ~+ch of us, whether msker, wrety or endorser on this noie, hcrcby agre~ to psY
~ •II cosb of ssid collectan, includinp a reaw~~ble ~t~orney'a fee.
~ Said bank a hsr~bY ~xPressly wtherized to reNin my g~~r~) o~ apeclal depos~t. oollateral, real or perwnal security, a the proceeds thereof, bela~9-
iny to eilhtr o~ us, ~ww w hereaftf? in 11+~ posussion o1 it durinp th~ tirM ~his no~e remains onpaid, and be~o+e w+(ter matwity hereof may ~pply t1+~
sams to this a~ny MFKr d~M a liabiliti~s of eitt~er oi us to s+id bank, dw or ro bemme due- Given w~der 1he hand and seal of e+ch party.
/t.~ • $6a~` ~
=:i - - I
P. O - -
ohn R. Ballengee ~
- ~ ~ - - (Seal) ~
~ Due ~ •
3; Maym F. Bal engee ~
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