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HomeMy WebLinkAbout1493 ~0 ~ the same, together with the tenements. hereditamenta and appurte- nanns thereto Gelonging. and the nrnb. lasuea and pwjlfs thenoj. unto: ~ A1ort0agM.'tn JN simple. . Y Y ~ 11111iL the mortgagor covenants with the mortgagee that the iwortgagw L tndejeaslblr seised oj• add . land in j.. simple: these the mortgagor has good rt~he and loofa! oue%rltr to convey add land a: afore- said: that. the mortgagor will make such /urther waur+ances to pe?f ed the fee stmpb tide to sdd land in the mortgagee os may reasona6lr be required: that the mortgagor 1<enbr juUr warrants tha tltb to sold land and w!U dejnd the same against the law~ut` cldirna of aU persons whomsoeve?: and chat add land to jne and clear of all encumbrances ~Sa these ij sold mortgagor shall par unto s.td mortgagee the certain premis- so?r note h.rel.u?jter sul?etantlaUr copied w tdentiFied. to-wit: $ 87_ 350.00 PROMISSORY NOTE Stuart , Florida February 6 . ~ 19 7 FOR VALUE RECEIVED, the undersigned, jointly and severally,. PROMISE TO PAY to the order of MARTIN L. BLATT. Trustee ' the sum of EIGHTY-SEVEN THOUSAZID THREE UNDRED FIFTY and no 100 DOLLARS ( 87.350.00 , at - or sac of er p ace as the o er ereo may esignate in writing, together with interest from date at the rate of nine _per cent ~ 9.0 per annum on the unpaid balance until maturity. The said principal and interest _ shall be due and payable as follows: - The entire principal and accrued interest shall be due and payable in-full on or before-April 25, 1979. E Prepayments, in full or in part, may be made at any time, without penalty. If default be made for fifteen days in the payment of any installment of principal or interest or any part thereof, the whole sum then remaining unpaid, with interest, shall, at holder's optioa, become due and payable without notice. Failure to exercise such option shall not constitute a waiver of the right to exercise the see in the event of subsequent default. After maturity, both principal and accrued interest shall bear interest at ten per cent ( 10.0 per annum until paid: The makers anc~cen orrs- ~ ere of this note urther waive demand, notice of non-payment and ~ protest. If this note is not paid at maturity and the same.is placed with an attorney for collection, the makers and endorsers hereof agree to pay all costs of collection, including all court costs and reasonable attorney fees, which shall include reasonable attorneys' fees on appeal. 5~ C ~a ~ ~ b s ~ (sEAL) . CLARK ON, T O p (SEAL) . ao~K~ >~cE149i ~ (SEAL) - _ -