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~o ~taue and to ~iotd ihe same, together wlfti fhe fenements, htredttomsnla anc~ appurte-
nances Ihnrefo E~elonginfl, an~ Ihe rents, issuea and projifs !{~ereo~, unfo the mortgages, in ~ee aimp~e.
~Itli the mo?Igagor covennnts wtth the mortgagee ihat Ihe morlgago~ is inde~ewi6ly seized oJ said ;
land in Jee simple: lha! the morlgagor has good ~teht and law/ul authority to convey ,atd ta?~d w n/o~+e- 6
snid; f?~at the mortgagor will make auch /urther asaurances to pe?f
ec! the ~ee almple fitla to aatd Iand in tke
mortgagee as may reasona6ly 6e required; thot t~e mortga$or k..~6y Iully warnnta the t~llo to said la~d
o~d u~ill deJend ~he same agni?ut tl~e lawjul cIaims o( all penona w?~omsoever; nnd tF~ot said land is /ree
nnd clear oj al! encumbwnces , excepting taxes for the year 1973 j but, subject to
the aforesaid terms, covenants, agreen?ents, obligations and ~rovisions of said
Declaration of Condominiwa which Mortqagor in all things doe~ covenant to
Mortgagee faithfully to observe and perform;
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lhat i~ said mortgagor shal~ pny unto snid mortgagee tke certain promta-
sory note ~ereinaf ter su6stantia~~y copied or identif
iecl, to-wlt:
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' ~ 4, 0 0 0, 0 0 Stuart, Florida, J u 1 y 2 0 q7 3 ,
r'or value ~eoeived, I, we, or either of us jomtly and severolly promise to pay in lawful money of ihe United States of ~
America to the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this city the principal
sumof FOUR THOUSAND AND NO/100 - - - - - - - - - - - - - - - ' ___Dolli~s
' toq~ther witb kN~r~st from daM ~f the rat~ of .8 per aMtvm pei +onwn on t1n vnpaid b+l~nc~ ~ntil paid, said principal ~nd intereat to b~ p~yabl~ as
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; rouow?: i~ ~~~Y ~,a.um.~,a of ---E -!--9 h t-Y----~
n e.__a n.d__.1~ 10 0------ ~--•--8 i~a,d~~ a~+.~.:r, o~
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; 9th d.p d..d, ma,th w~hu,~np a+ tl~. --------9th---- d,,, of MaY , ~9~ 4
_ ~nd coe+~inuinp on tFr ------9t}i d~r of esch and ~very momh thereah~r unril tM 9t}i__-------- day of ----------A~-Ti-1-----__T_____---_-.-.
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~ 19... 7~9, on which ssid date tFw enYv~ b~ls~ce of principal a+d int~resl then u~paid shall become due ~nd p~y~ble. Esch paymcnt is ro be applf~d
; fint ro iroerest ~nd the b~bnce to pri~cipal. In casa said instalimenb, q any of them, are oot paid wirhin 15 days afttr the same become dus, tM whols
~ of said pri~cipal ~nd in~erest ~um shall forthwith become dw ~nd p+yabk N the optian of the holder of this note.
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` by sevenlly wa~w presemment for payment, notice of rwn-payment, p?otest u~d 7
~ W~, the makas, sureties, endorsen and gwranton of this note, here
~ notice of protest, and diligence of brinpirg iuit ay~inst u~y puty tlwr~to, and consent thst lime of p~yment may be extended without ratiu thereof to j
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~ •ny of t!» sunties of this not~. i
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~ Now, should it be necessary lo colkd this rats tMovgh ~n ~ttwney, ~uh of us, whether m~ker, ~wety w endorser on this note, hereby agr~e to p~y
~ •II cosn of saW oollection, Includinp • n~sonabk atrorney's fe~.
~ Said bank k Fwreby ~xpressly a~tl~orized fo ?et~in any yeneral w ap~tid deposit, collaleral, real o~ personsl security, or tFx proceeds thereof, belag-
~ inp to ~itF»r of us, ~+ow a htreafMr in th~ potteuion of it duriny ~Fw fim~ this noM rem~ias unpsid, and before w after msturity hereof may apply tM
~ ssme M this or ~ny otl~ d~bt a lisbiliri~s of ~ither of vs to ~aid b~nk, du~ a to beaome dve. Grven unde~ the Mnd and seal of e+cl~ party.
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P. o . 7~ t-~ . , ~ ~ zf
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ona H. Sippe~ ~
~r No Due ~t~-~~-~~-ys-ci ~ ~ , t (Seal) ~
= Donna M. S i ppe r ey . ;
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