HomeMy WebLinkAbout0835 • . Y
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~o ~taue and to ~iotd I~~e same, tuc~P~~~tv ioil~~ 1~~e lenem~uls. ~~erei~ilu~ni~nls iuu~ u~,~~u~l~• i
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nanri•s IIIP?PIP ~~e~u?~{~in(~. an~~ I~~n ?~nfs. issues an~I pru~its f~~rrao~. unfo 1{~e morlgagee, in jYP simp~r. !
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~I I~~e morl~~a4~ur cooenanls u~it{~ fhe morfgn{~ea I~~u! ftie morfgagor is inde(eatiti~y seizei~ u( saic~ `
~nnc~ in (re simp~~: f{~al I~~e morlgapor tias gooc~ rigtil anc~ ~aurJu~ aulhorily fo convey saic~ ~a~u~ as ajor~- I
?i saic~; Ihaf t~~e mo?t{~ugor u+i~~ make such lurthe? assurnnces to perjpct the ~ee simp~e Hf~e to said ~ane~ in Ihe
E~ morf{~~e~~~e ~s may reasonaE~~y ~e require~: Ihat ttie morfgagor herehy (u~~y u~ar?anis fhe fif~e lo Slll~ IQ/l~ ~
q~t!! '~~+j~~ (~P PII(+ ~~tP SnII1P Q{JA1?IS~ ~~IR ~AtL~U~ CIQIMS O~ aII penorts W~OMSOPUPr: Q?111 ~hQ~ Satd ~AIt~ 1! jfPP ~
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~i a„d ~-1~•~~ o( QU encumbrunces except taxes accruing subsequent to December 31 ~
!1976 and easements and restrictions of record.
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~rou~ded ~tways, ftinf i( saic~ mortgagor Shnll p~y unlo saic~ mortgngee fhe certain promis- '
sory note {~e?einajler su~stanfia~~y ropiec~ or i~enti~iecr. tv-u~it: ~
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. PROMISSORY NOTE ;
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a 60, 000. 00 Orlando, Florida ~~A ~
~ January 3, 1978 ;
FOR VALUE ~tFCFIVFD. the underaigned jointly and severally promise(s) to pay to the order of ~
FIRST NATIONAL BANK AND TRUST COMPANY OF STUART
at p. O. Drawer 2316, Stuart, Florida, 33494, ~
or at such place as the holder(s) of thia note may designate in writing the principal sum of
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' SIXTY THOUSAND AND NO/100 DOLLARS- - - - - - - - - - - - - - - - DOLLABS
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E together with interest thereon fmm date hereof at the rate of 8-1/2 % per annum
' on the unpaid balance untii paid.
~ Monthly installments of $590.09 each, the first monthly instal.lment
; being due and payable on the first day of February, 1978, and subsequent
; installments being due and payable on the first day of each and every
~ calendar month thereafter until the principal and interest are fully paid.
~ All payments made upon this Note shall be applied f irst to the payment of
~ interest on the unpaid balance,_ and then to the payment of principal.
~ This Note may be prepaid at any time either in whole or in part with
interest to date of payment without notice or penalty. Al1 prepayments
L> shall be applied to the installment or installments of principal last
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~ maturinq.
~ If default be made in the payment of any inetallment under this note. and if such detault is not
~ made good within thirty daya after it is due the entire principal. aum
j and accrued interest shall at once become due and payable without notice at the option of the holder (s) of
~ thia note. Failure to exercise this option shall not constitute a waiver of the riRht to exercise the same at
a lster time for the same default or for any subsequent default. In the event of defauits in the payment of
e~ thie note, and if the same is placed in the hands of an attorne3• at law for collection. the unc?ersigned hereby
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~ agree(e) to pay all costa of coliection including a reasonable attorne~s fee. Presentment. protest and na ~
c~ tice are hereby waived. ~
/S/ Thomas J . Grady (SEAL)
omas . a y, as zs o
• the Diocese of Orlando, his (SEAL) ~
~ successors in o ice and assigns,
_ a corporation sole (SEAL) ;
- (SEAL)
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- ~ BG~K 28~ Pac: 83z
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