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~0 ~~II~ t0 ~0~ th..a~... toO.th.r u~tth th. t.rum.na. h.hdtea~.na nnd app~.re.-
nancvs Ihsnlo ~longing. and th~ rents. iutwa and pwjib tk~no(. ur~to f~ n~ortpopN~ in ~N ~t^1P~.
~ the rnort~or oovennnea witk tlu more~oe« it~~e ~I~• ~eo~o. r~ t~d.1.a.~6ly a~za~ o( sold
~und in ~at sirep~e: thnt the ntortpa9or lw+ 900~ ~'~Oht and lawlu~ aulhority to conwy asid ~and a~ ajoh-
suid: tkat the mortgagor wiU nw4~ ~uck /~+?tl~ as~urov~ss to pa~~c! t1u ~N aimpb tit1~ to asid ~a+~d i+~ tl~
~t9~.. w~y ~o~61y 6. .eau~d: that tk~ matgogor I?~nbr IuUr wa+*anb tkt titb to .atd la~d
and wil! dejend th~ snm~ ugainst ti~e lawjul cbinu oj aU P~~so~a w~+K~ °1d tl~n! aatd 1°'~d t+ ~"K
a~d cl~ o/ aU encumbrn?~s except taxes accruinq subsequent to December 31,
1973. '
.
t1~at ~J sa;d moregagor shaU pay unto :aid nwrtgagwe t1~e certatn prmnis-
sory note hereina(ter substantial~y copied or identi'ied. to-wit:
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/
S 13,000.00 PROMISSORY NOTE Stuart, Florida.
riav 10 , 1974 .
FOR VALUE RECEIVED, the undersigned, jointly and severally, PROMISE
TO PAY to the order of ~0 ArID NOCI~ II~2PRISES. Il~C•.a New York oor,~oration,
the sum of Zhousand and no/100 (~13,000.00)-- DOLLARS
at 23~ ~~t,ead ~ivernp- a'~n. New Yark 10528 , or suc ot er place as
; th.e holder hereof may designate in writing, together with interest from date
i at the rate of 8 $ per annum on the unpaid balance until maturity.
4 Tne said princi~al and interest shall be due and payable as follows:
~ ~
Principal balance in full, together with accnbed interest on t~1ay 10, i975.
The Makers hereof reser~e the right t pregay in full or in part at any
ti.me and from time to time, without penalty.
IF DEFAULT be made for thirty (30) days in the paym~nt of any install-
rent of principal or interest t reof, the whole sum then re-
maining unpaid with interest ~ s option become due and payable
~•~ithout notice. Failure to e s tion shall not constitute a
caaiver of the right to exerci t e i the event of subsequent default.
After maturity both principal and accrued-interest shall bear interest at
lp $ per annum until paid. The makers and endorsers of this note
further waive demand, notice of non-payment and protest. If this note is
not paid at maturity and the same is placed with an attorney for collection,
the makers and endorsers hereof agree to pay all costs of co~lection, inclu-
dir?g all court costs and reasonable attorney~ es.
~ S
!~/Q~ JGr/~~v eN
Sw~vsoiv
~ f ~i 1~~4t ~i~iGhSsi
S'L9II~50~1
BOOK~7 PAGE14~~~
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