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HomeMy WebLinkAbout0280 30 ~t !he aame, toget~e? wilh ttie ten~ments, hendifoments nn~ appurie- nances ftiereto ~e~onging, and the renta, tssues and pro~ifs fhoroo~~ unto Ihe mortgage~, tn (se "s'imp~e• ~ fhe mortgago~ covenanb wilti fl~e morfgagee !ha! lhs e~w~fgagor is inde%asib~j seized ol anid Innd in Jee slmple; that the mort9agor hm good ?ig1~t und Inwjul aulhority to convey ,atd ta.~d w ojoro- said: ~ha~ ihe mortgagor will make such )urther as~urance~ to per~ect the lee almp~e titla to said Iand tn th~ mortgagee as may reasonn6lr 6e ?equired: tha! tlu mortgago~ here6y lully warrnnta the tttle to :aid lo.~d • and u~Il! dejend the same agatnst the lawjul clainu oJ all persons whomaoever: and thot ,ntd !a?~d a/ree . and clear o/ all encum6~nnces ~ n',.. ~QV~ 7~iW~s~ lhat i~ snid morfgngor sl~a~~ pay tudo suid mortgagee the cerlain promia- sory note hereina(te~ substantiolly copied or identified, to-wit: l r, ~ Septe~ber 1 ~ 19 ~4 ~ a S ~000.00 Stua~t, Florida, • For value ~received, I, we, or either of us jointly and severally promise to pay in lawful money of the United States of America to the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this city the principa) FIVE TH0IJSAND AND NO/100 - - - • - - - - - - ' ' • ' ' " ' ' _'__pollars sum of~ - - together wit6 interest from date at the rate of ~ 0- per centum per an+um oo t1r1 unpaid lfalance until paid, said prwcipal and iMerest to be payabk ~s fdlows: On or befoYe six (6~ Months from date hereof f ~ S! F !es S ~ In case said instsllmenb, a any of them, ue ~wt paid within 15 days aficr the s~me become due, the whole of said principal and intercst sum shsll iw~hw~~h become due and payabk at the opYwn of the holder of this ~ots. We, the makers, sweKes, endorsers +nd g~uanfon of this nWe, he~eby severally waive presentmenf for payment, notioe of n~-paymenf, protesf and ~ notice of protest, and diligence of bringing wit ayainst any party thereto, +nd consent that time of payment m~y be extended witiwur notice thereof to any of the surei~es oflhis note. Naw, should it be necessuy to eolkct ti+is note tFvovph an attar~ey, each of us, whether ~naker, aurety or e~aser o~ this note, hereby agree to paY all oosn of said colkct~on, including a reaswNble sttorney i fes. Said ba~k is hereby ezpressly avthwized to retsin sny geoenl or special deposit, collatcral, rea) a personal security, or the p~oceeds thereof, bela+g- ing ro eitF~er of us, ~ow or hereafter in the possession of it dwinQ the Y~me this note remairu unpaid, a~d befae a after maturiry hereof msy ~pply fhe sams to this or any other debt or liabilitiss of either of us to said bu+k, due w to become due. Given under the haod and se~l of each party. rlUxiJs~ uC~UM.~... t~?x ~Fix.~ ro c~•~.•,, d G Phi11i S Seal) P. O. ~?.nw c~:.:__~ : ~ aya~on . 1 ps ~ - ~ Na Due /S/ Coral A. Phillips ~~a~~ ~ ~ _ - ora . 1 ps Form 100 Rev. 3/71 ~ . ~ ~omnsr~tt bOQK ~iG PAGE ~8Q ~ - ~ : - ~ ~ ~ ~ . ~ - ~ ' ti~ ~ . , ~ ~ ~ ~ , ~ . ~ _ _ ~ _ _ _ _ _ `