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HomeMy WebLinkAbout1827 ~o ~iaue and to ~iotd the same, fogef{ter with the tenements. herrrlilumertls anti ultptarfe nonresjl~herelo belonging, and the rents, issues and pro/its thereof, lotto the mortgagee, in fee simple. >Ii~ the martgaffur cor~Pnanls u~ifh the mortgagee Ihaf the mortgagor is indefeasibly sNized of said Ianl in fee simple: that the mortgagor has good right and lawful authority to convey said land as ajore- said: fhal the mortgagor will made such further asstarances fo perfect the fee simple title to said land in the martgrtgee as mn~ reaso?tably be required: the! the mortgagor hereby fully u~arranls the title fo said land and will defend the same against the lawful claim: of all penons whomsoever: and thnt said land is free and clear of all encumbrances . - ~ 1 I -M ~rouided Always, that if said mortgagor shall pay unto said mortgagee the certain promis- sory note hereina f ter suhslnnfially copied or idenftjied, to-wit: ~ - - ~ 10,000.00 Stuart, Florida, 3 1979 . For value received, t, we, or either of us jointly anct 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 sumof_?Bl1Td0iTSA~IDA>lID~~----- T_Dollars together with interest from date at the rate of . l~ per centum per annum on the unpaid balance until paid, said principal and interest to bt payable as follows: In monthly installments of Tliilt~l~lo~lrtad 16/100 cs-132.16-- t including interest, on th. ` ~ ~ ~ - ~ -day of each month beginning ort the - ~ ~ - - - -day of J- J~ - - - ~--79-- and continuing on the ~ - day of each and every month thereafter until the day of 19..89, 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 to interest and the balance to principal. C 0 P ~ i 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 payabb at the option of the holder of this note. We, the makers, swedes, endorsee rand gvaranton of this note, hereby severally waive prescmment for payment, ratite of ran-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 swedes of tfiis note. Now, should it be necessary to collect this note through sn attorney, each of us, whether maker, swefy or endorser on this note, hereby agree to pay all costs of said collection, including a reasonable attorney's fee. Sad bank is hereby expressly autfarized to retain any general or special deposit, collateral, real or personal security, or the proceeds thereof, belor?y- ing to either of us, now or hereafter in the posseuion of it during the time the note remair?s unpaid, end before or after maturity hereof may apply the ~ ~ same to this or any other debt or liabilities of either of us to said bank, dw or to become due. Given under the hand and seal of each poly. : 2 P. O. Seal) 9. Scott No Due /s/ Helen G. Scott (Seal) • Hslou G. Scott form loo r ,o......,... 4 E 1: I a~R~3U$ Pac~18~ ,~s = - a - _