HomeMy WebLinkAbout1718 ~ ~ the same, together with the tertarwents, heredttacunts and appwfe-
nances Iherelo belonging, and the rents, issues and proIlls fhereoj. unto the mortgage.. in j« simple.
n11{~ the mortgagor covenants with the mortgagee that the mortgagor is indejeasib[y ,sized of said
land in fee simple; that fhs mortgagor has good right and lawful authority to conwr said land a afore-
said; that the mortgagor will malls such further assurances to per/ect eh. j.. simple title to said laftd in the
mortgagee a: mar reasonably be requir+sd; chat the mortgagor herby fully warrants fife title to said land
and will defend the same against the lawful claims of all persons whomsoever: and that said land is jtw
and clear. of a!I encumbrances e~00ept real PreP~y teuoel3 ~t ~
Deoenber 3I, 1978. -
~t'Q~tded ~IUA~S, that ij said mortgagor shall par unto said mortgagee tl?e certain promis-
sory note hereinafter substantially copied or tdentijted, to-wit:
January
3 X8.00 , STUART, Florida, 19 79
FQR-VALUE RECEIVED tM underu nsd, io' tl and sew Ny. P O SE TOP 1( to tM order of
pp~ SAI~O RFAL'~"Y, II~Cy. , a F`~oricia ~orpora~ton
~ `iG~7}'3~1 Ht~]DRID `IW~31I~r-EIGHT DOLLARS AND NO 100-------------•.. 'DOLLARS,
~ ~ X635 S. E. Dixie HicL~naay, Stuart, Florrda, 33 94 ~ a such other piece as tM holds.
~r---- -
~.~:-:-~t may designate in tivriting, together with interest from date at tM rate of 6$ per datum per annum on tM unpaid balance w+td maturity.
1 7h.e s,;id principal end interest shatl be due and payable dS follows:
The entire amxmt of principal and avcrued interest shall be payable in full
upon the sale of the real property described in that certain mortgage in
which a copy of this Promissory Note i$ attached or orre (1) year fran the
~ date of this note, whichever is sooner. -
~ written demand -
Ir default bs made Ior 1'S days ~ iTre payment of any Installrr?ent of prlnclpsl or interest or ar?y part thereat. the whole sum then remsir?tny f
s~0 with Micrest trait at hddsr's option become due and payable without +wtits. Failure to exercise such option shall not constitute a waiver of the
i r~ynt to extrclse the same in iM event of subsequent derault. ARer maturity both prlnclpsl srW acuued Irtaest shall bcar interest at Oer csntum per
gum untN paid. Ths maker and endorsers Of this hots further wales demand. notiq of non-payment and protest. N this note is not paid at maturity
a:~d ihs tams is placed with an attorney for coliectlon, the makers an0 orssrs hsrsol agrN to pay all Costs of colNctlon. including all court costs and
-~sonable atLG?neY fees.
i (SEAL1
J. Kohlhepp
ISEALI
(SEAL)
x,
i
- ~ r . -
~,~~3~ :~.,.~~1~''18
%E I
:s
- - - -