HomeMy WebLinkAbout0878 n~~ 1{~s some, fogef~~e~ euflh Ihe feneme~ft, herec~itanaenlt an~ appurle- •
nan~es Iherefo be~onging, an~ Itie renfs. tssuPS and p?ofllt ftierpo~, unfo Iti~ mortgagee, 1n (ee simp~e.
ftie morfgagor coa~enunls u~ilh II~s mwfgagee Itiaf ftis mo?fgogo? is indp(eatid~y tpizc~ of sQid
~an~.in jPP sin~p~e: Ihat t{~e mo~fgagor /~as good ?igtit enc~ ~aw~u~ nuthorifr to convey sota ~und as afore-
saic~: tl~at Ihp mo~lqagor u~ill make such jurl~er wsurances fo per/ect Ihs' Jee simp~e lil~e to sald ~and in fti~
morlgagee as ~nay reosono6ly 6e ?equi?ed: lhat the mortgapor I~ere6y f ully ww+nnb the titls to sald land
. and u~ill de%nd the same against tbe low(u~ claima oj al! peraons whomswve~; and that iaid Innd ia /ne
a~d c~ear of a~~ encum6rances exeeptinq taxea subasquent to Deeea~ber 31, 1977.
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~rouid~! ~tways, ftiat if saic~ morfgagor stia~~ pay unto aaid mortgagee the certain promia-
~ sory nofe ~ereinajfer sutistanfia~~y copied o? identifiec~, to-wif:
= 8~ 000.00 Stua~t, Florida, ~Cember ~O ti , 19 ~ 8'
For value reoeived, 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 principal
sumof_ EIGHT THOUSAND AND NO/100-------------------------------------
Dollars
togerher with interest from data at the r~te of -1 O per tenNm per annum on ths ~np~id balanae unhl p~id, said p~incipal and ;nttrest ro be payabk as
' fofbws: In moathly installments of S~ ~I~ ~ 169 98 ~ inclvdirg infatst, on tif~
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j 23 . 23 February 79
~ day of e~ch month beginnir~ oo the d+Y of - 19-------
~ and cootinuing on the ._23 _ day of each snd every monTh tF~ereafter until the _--23------------ day of ------.-.-J811Ud1"~/---
~ 19 83. , on wF~ich said date the entire bslsnoe of prinapal and intercst tFien unpaid shall become due snd pay~bk. Each p~yment is to be ~pplied
first to interest and the balance to prinapsL
In case said installmenb, or eny of thtm, re not paid within 15 days after the same become due, the wFale of said principal and intdest wm
shall iuthw~rh become dve and paysb{e st the oprion of the holder of this nots_
We, the maken, wreties, endorsen ~nd gwrsnton of tha note, hereby severally waive prescntment fo~ payment, notiae of non-payment, protesf and
notice of protest, and diligerue of binging suit s~ainst ~ny psrty thereto, and consent tMt time of payment may be extended witFaut notioe thereof to
a~y of the sureties of this rate.
Now, should it be necessary to wllect this nwe tMough an attorr~ey, each of vs, whether maker, swety or endwser on tha note, hcrcby agrce to pay
all msts of uid colltction, including a reasonabk attorney's fee. .
Said bank is hereby expressly authorized to rotain a~y general a special deposit, colfate?~I, rcal a personal security, or the proceeds thercof, bebny-
ing ro either of us, now or Frcre+her in the possessan of if dvring the time this noro remains unpaid, ~nd before or sNer msturity hereof maY ~pply tht
sams to this or any other debt or liabilities of either of us to said bsnk, due w to become due. Given w~der the hand and usl of each puty.
P ~ /s/ Dennis Green
Seal)
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