HomeMy WebLinkAbout0935 - - - •
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~o ~iaue and to ~iotd Ihe same, loyrl~~er wil{~ !he tenrmenfs, he~~~ifumenls. an~ appurfe•
/IA?Il'PS I~~erefo tiP~on~ing, A!1(~ II1P re?ils, issues an~ prolils Itiereu~, unfo Iti~ mo?fgagee, ir~ ~pe simp~e.
~i1L1i Iti~ maifpa~~~ coi~Pnanls u~
f~~•the mo?fgagee Ihaf ftie mortgngor is indrjeasib~y spized o! sQicj
land in jee simple: Il~a( the morlgago~ has good ?igl~t and law/ul aulhorily fo convey saicl luncl as ajore-
said; fl~al ~hP murt~anor inill make such /urther assurances to pe~~ect the Jee simple tille to said land in fl~e
~ morff~agee as mav reasona6ly be requirecr: thnf ftie morfgagor {~e?etiy (u~~y u~arranft fhe fil~e fo said ~and
and u~ill dP~p.~d ~he same against t{~e lawju~ claims o( all perso?ia u~l~omsoever: and fhat said land is /ree
an~ c~ear o~ ~II pncum~rances
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rou~ded ~lways, !{~at iJ saicl mortgagor shai~ pay unto saic~ mortgagee t~e cerlain promia-
sory notp ~PIPfIIA~fpr suhsfnntia~~y copiec~ or iaenfijiec~, to-u~it:
a 11,9~0.~ Stuart, Florida_ ~ Apri~ ~ v , 1979
For value received, 1, 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
' sum of_ -----------ELEYEN THOUSAND NINE HlA~O AND NO/100-----..------------------- _Dollars
~ togetF~er with interest from date at the rate of 10 . per centum per ~nnum on th~ unpaid balana until p~id, ~aid principal ~nd interest to be payable u
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° ro~~: ,hiY ~„~,.n,~,n of _ One._Nundred Fif f;~?-Seven and 271100 cs.- 157.27--- ~~„~~„a;
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~ - - day of esch mont~ beyinning on the ~ - day of - ~
a v~r~ - 3 ~ f
L Apf i 1
~ and continuing on the day of eacb and every month thereaher until the d+Y of
~ 1989.., on which said date the entire bala~ce of principal and interest then ~npaid shatl become due ~nd pay~bla Each payment is to be applied
~ first fo infrest and the balante ro principal. ~
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In case said installmenb, or any of thsm, are not paid within 15 days after the same bscome due, the whole of said principal and intereat sum
shall iortpwirh become due and payabb at the option of the holder of rha note.
We, the maken, suret~es, endorsers and guaranton of this note, hereby severally waive presentment fw payment, notice of ran-payment, protest and
notice of pomt, and diligmce of brinping suit ayairot any psrty thereto, aod•consent that time of payment may be extended without notice thersof to
any of the svreties of this note.
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Now, should it be neceisary fo ooUecf this note through an attwney, each of us, whether maker, surety u endorscr on this note, hereby agree to psy
~ ~ all aosq of said collectiow, includ~ng a reasonable ~ttorneys fee. ~
Said bank is FKreby expr~ssly authoriud 1o retsin any genent w tpecisl deposit, collateral, real w pe~wnsl security, or the proceeds thereof, belonp- ~
~ ing to either of us, now or hereafter in the pouessan of it during the time this note remains unpaid, and befae or after matwity hereof m~y apply th~ ~
~ same to this w any other deM or liabilities of either of us to said bank, due or to become due. Given under tF+e ha~+d and seal of each puty.
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$ /s/ Kenneth C. Horton
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KenrKth C. H~rton
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~ /s/ Leola F. Horton
~ No Due ~ - (Seal) +
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~ ~m Leo a . orton
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