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lottrl ~ttt lee srtnple: Ihdl the ntoNOeOer ha• ~il rnd, lew~ul ettlhoNly to eewwr acid lend u e%re-
satd: thrtt the ntortnogor toil! 1wsLe each ~u?11~ ~wew~ea ~e tter{ad the ~N dimple 1111a N wig lend In the
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and u~tll defend the aotne ooeinat the lau+~ul t:letwu ~ ell penena whe+waoew~?; ewd Ihol acid lend la one .
and clear rtl all enctttrtb?ance~ except taxes for the current year and subsequent .
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33.000.00 Stuart, Florida; P'Ia~?~ 19 79 r
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
THRITY-TlUtEE THOUSA*ID AND NO/ 100
sum of- - - --~-------_Dollars
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together with interest from date at the rate of -10 per centum per annum on the unpaid balance until paid, said principal and interest to be payabk as
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I ~ folbws: In monthly installments of Thre6 Hundred -Fift~1-Four and 62/100 is 354.62 - 1 indvding interest, on the
` _...E_-..-. -day of exh month beginning on the - 0 -day of 19------
---June----- - - - - - - 79
and continuing on the a day of each and every month thereafter until the day of .-.-.l~y---.__--------------------------------------_,
19 84 , on which said date the entire balance of principal and interest tlxn unpaid shall become due and payable. Each payment is to be applied
rust to interest and the balance to principal.
In case said installments, or any of them, are not paid within 15 days after the same become due, the whole of said principal and interest sum
shall forthwith become due and payabk at the option of the holder of this note.
I We, the makers, sureties, endorsers and guarantors of this note, hereby severally waive presentment for payment, notice of non-payment, protest and
notice of protest, and diligence of bringing suit against any party thereto, 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 oolkct this rate through an attorney, each of vs, whether maker, surety or endorser on this note, hereby agree to pay
all costs of said collection, including a reasonable attorney's fee.
Said bank is hereby expressly authorized to retain any general or special deposit, collateral, rest or personal security, or the proceeds thereof, belong-
ing to either of vs, now or hereafter in the possession of it during the time this noro remains unpaid, and before or after maturity hereof may apply the
acme to this ar any other debt or liabilities of either of us to said bank, due or to become due. Given under the hand and seal of each party.
Thus is a balloon mortgage and the final payment or the balloon due upon maturity is
$26,829.00 together with accrued interest, if any, and all advancements made by the
~ , mortgagee lender the terms of thus mortgage.
p, O, /s/ George W. Solmner iSeal) s
George W. Somtlter
No- Due /s/ Barbara A. Sommer (Seal)
Form lac Barbara A. Sola~er
re.r.a..Taa.
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soox 3U8 ~c~ 1401