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Home My WebLink About2858 ~ - - ~ •~i ~rAV~P~ ~~l~l}~, that if aaic>d .1Kortgagor ahczll pay unto t/te .caid J~fortgag'ee the certain promi,8sory note, of ruhicJk the fotlounng in worrle and flgterPB is a twee copy, to wit: S 43,000e00 Stuart, Florida, 23 tq ~ For value received, 1, we, or either of us jointly and severelly promise b 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 ~~N~~~~M~N.~~Y-THREE TIHpUSANp JWD Np/10p ~~NNMMNMNN~~~~M sum of_---------------------------------------------------- ---_-__-_----------_---------------Dollars Together with interest from date at the rate o~e~Sper centum par annum on the unpaid balantp until paid, said principal and Interest ro be payable as ~ folbws: In monthly installmentf of . ri~ ---S~x~~~-_a~-•-~iN~! (=--`~2!~?.--- including inta?tst, on tM -iSL -day of each month beginning on the . _11~._. day of - • 19_~ and continuing on the ~L - day of each and every month thereafter until the _-_1~~._-_-.-.- day of _---~t-----.--- 19 ~ , on which said date the entire balance of principal and interest then unpaid shall become due and payable. Each payment is to be applied , first ro interest and the balance to principal. , In case said installmenri, or any of them, are rat paid within 15 days after the same become due, the whole of said principal and interest sum shall forthwith become due and payable at the option of the holder of this note. We, the makers, sureties, endorsers and gwrantors of this note, hereby severally waive presentment for payment, notice of ran-payment, protest and notice of protest, and diligence of bringing suit agairot any party thtreto, and consent that time of payment may be extended without notice thereof to any of the sureties of this note. Now, should it be necessary to collect this note through an attorney, each of us, whether maker, surety or endorser oo this note, hereby agree to pay all eosri of said collection, including a reasonable attorney i fee. Said bank is hereby expressly authorized to retain any general or special deposit, co!Isteral, real or personal security, a the proceeds thereof, belat¢ ing to either of us, now or hereaher in the possession of it during the time this note remains unpaid, and before or after maturity hereof may apply the ~ same to this or any other debt or liabilities of either of us to said bank, dvs or to become due. Given under the hand and seal of each party. P ~ /s/ Wilson A. Rickenbach (Seal) son No Due /s/ Regina L. RickenbaCh (Seal) anal slutll pet fore:., comply with. and a.Lide by each and every the stiprelattons, agree- nrents, conditions and covenants of said prontissorr•/ note and of this deed, then this dr•erl earl Ih~~ estate Ieereby created sluctl cease and be nrdl and void. ,'Atti1 th.e sfci;tl .hfortgagor hereby covenants and agrees: i - 1. To lN,i/all anal singular the principal and interest and other srcros of money pcryftl~le Ly virtue of said promissory note acrd this deed, or either, promptly art t/ee days respeetiriely the saute severally come dree. ~ ` To pay all and singular the ta.~es, assessments, levies, liabilities, obligations arrd encumbrances of every natrcre orr. scud described property each and every, and if the saute he Prot promptly paid the said .11lortgagee may at any time hay the same ~ u•ithorct uaic+iug or aJjecting the option to foreclose or any rig/rt hereterrder, and evert) i puyntent so made .ehall Lectr interest from the dote thereof at the rate of• 9.75 per cent. per annum. - ~l. To pay all arrd singular the costs, charges and expenses, inelrcding lawyer's fees, reasonably incu.rretl or paid trt any time bysctid afortgagPe bectcase of the failar•e orr the part of the said ~llortgagur fo perform., comply with anct uLi.de Ly each. and every the stipulutiuns, corrtlitions and covenants of'said promissory noteand this deed, or eft/rer, and even,/ suc/t par,/ntent shall Lear interest fi•onr. date at the rate of 9 . ~S per cent. per annum. ` To keep the btcildings now or hereafter orr said .land insrcred in a. stem nut less than highest insurable value 3Frfib8i#tf~in a company or cnnrparrics to Le -aJ~l~roc+ed by said J6lorlgagee, a.nd t/re policy or policies held by arrd pad/able to said .Afortgccgee, anal in. the event a-Wry ~tt.nt of money Leconres payable tcnder• srcch policrl or 5 policies, the ilcrtgugee shall bar.+e thr ~,ption to r•eceiue arrd alr/fly thr .Torre orr rrccorurt oj'tlre iutlebtedness hereby : ectcred or to permit t/1e ~{lnrtgagor to recei.re arrd n.re it, or arrt/ part thereof; for other prcrhoses, witltorct thereby te•aiving or impuir•ing any egtcity lit~rr rrr rr-gltt under or Ly vt'rtrtQ of this nzortg'age, arrd Wray Irlace turd liuy for sac/r i.n,tcr•ance or any part thereof, witharet wttivircg or njj'ecting the option to joreclose or any xis/rt hereunder, and each and every such payment shnl/, hFar i.nteresl fi•orn dtr,te at the rate of 9.75 per cent. per anrrtcm. 3DGrJV~ rAf:2Se~7 - ~ ~ _ I -