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~ ~ W 11V~~ I~e same. fo{~elhcr u~ilti Ihr lenemenls. he?edifnmenls an~I appu?Ir~
nancrs I~~erelo ~e~u~~gin~. antr the ronts, iuues an~ prolits f~~ereo(, unlo 11~e mo~tgagee, in fpe sJmple. ~
~ I?~e murl{~af~or coupuants witl~ tl~e morlgog~ Ihal !hs morlyapor is indeJ~,~bly seizcd o~ snid ,
~and in JPP sim~~le: that Il~e mo~lgagor has good rieht and lnwjul huthorlly !o conver said Iand as afwe- ,'t
Ij sai~~: 1{~af 1tie morl{~agor u~I~~ ma~e surti ~urlher assurancrs to pe~sc! !tis lee simp~e til~e fo said ~and in the ~
nto?fgaflee as may .~:ona6ty be required: lhot ftie ~nwfgagor he~e6y (u~~y u~arrnnb f~e lil~ fo sai~ ~and ~
If and u~ill de(end Ihe same ugainst the lau~jul claims o( al~ penons u~ho~nsoever: and that said land is jne
and el.~ar oJ aU encum6~ances
I t~a?t u eata w[ort~aQor .aaU pay wtto .sta ~tort~~e ' ~
PROV'II~ED ALWAY~, 1
, th~ eertai~t pro~r:iaoor~ not~ hereic~aRoc s~rt~nlidly cvpl~ or ideaN~ ~d. ~
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PAOMISSORY NOTL
, ~307, 748. 70 Fort Lauderdale, Florida •
August 18, 1974
FOR VALUE RECEIVED, I, we, or either of us, jointly and severally, promise
to pay to the order of INDIAN RIVER GROVES, INC. the eum of Three Aundred '
and Seven Thousand, Seven Hundred and Forty-eight and 70 / 100 DOLLAR3 ~t
3101 Broadway, Kaneas City, Mieeouri, 64111 in the following manner and on '
or before the fWla~ving dates:
: g30, 774.87 as intereat on August 19, 1975
=30, ?74. 87 as interest on August 19 1976 ~
~38, i68. 58 plus 7-1 /2~ interest on t~ie
unpaid balance on the 19th of August, • ~
1977 and continuing for seven ('J) years ~
thereafter until fully paid. • 3
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If any such payments of pr~ncipal or interset rem~in unpaid for 30 daya after ~
the same become due, the entire principal eum ~a ~ccrued interest thereaa ;
shall forthwith become due at the option of the ~
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Now, should it become necess ory~t dorser on this~notehrhereby agr~ s to' p yher ,
o
f u s, w h e t h e r m a k
e r, s u r e t y T he Drawere ~
a
l
l costs of such collection, including a reaeonable attorney's fee.
and Endorsers severally w~:ive preaentment for payment, pro
tea t an d n o
t i c e o
f i
protest for non-payment of this note, and consent that the time of payment may . ~
be eutended without notice to them.
~ The note shall not be prepaid in any amount prior to January 1, 1975, bat th~re-
~ af:er the note may be prepaid in whole or in part at ~ny time prior to maturity
wii~hout penalty. ~ ~
The Makers have eaecuted this Note in a fiduciary capacity. No money judg-
ment shall ever be obtained .against the Makere of this Note. T ent of th
ar
holder hereof ahall look solely to hie Mortgage ~ecurity in paym
~ obligation. ~ •~s
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The Makera have ex2cuted thia ?dortgage in a fiduciary capae~y and in no other • ~
capacity whatever, and the Mortgagee, by acceptance hereof, agreee that no ~
deficiency judgmeat s1ia11 be sought or obtained by Mortgagee againet Mortgagor.
(SEAL~ ~ ` ~ ~ ' i ~ ~ ~ , " ~ (SEAL~ -
ACK W. NEEDY as Trustee ~
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~~L~iJ~ ~ , ~ •r - r - • ~ 3 r`~ . ~AL~
t~iJ '
THOMA3 N. EDWARDS, SA. as Trustee s~
BooK 231 PAGE 151 - ~ ~
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