HomeMy WebLinkAbout1962 ~0 ~1~Yt ~ W the snore, logefher with the fsnemenfi. hereditament: and appurfe-
rtartces thereto belonging, and the rents, issues and profits the?eoj, unto the mortgagee, to fee simple.
the mortgagor covenants with the mortgages tha! the mortgagor is indefeasibly seized of said
- land in fee simple: that the mortgagor has good Hght and lawful authority to rnnvey said land as afore-
said: that the mortgagor will make such Jwther nsauraneea to perfeN the fN atmple title to said land in the ,
mortgagee as may reasonably be required; that the mortgagor hereby fully wan+anla the fills to said land
and will defend the same ngainat the lawful clnima of all persona whomsoever; and that said land it free '
and clear of all encumbrances
~V~ i1<1lN~s, that if said mortgagor shall pay unto said mortgagee the ceHain promt,-
sory note hereinafter subsfnntinlly copied or identified, to-wit:
~ 30,000.00 Stuart, Florida, 22-~~ 19 79
For value received, I, 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- ?HOOSAND AAD NO/ 100 __Dollars
together with interest from date at the rate of l~~~r centum per annum on the unpaid balance until paid, said principal and interest ro be payable as
follows: In monthly installmenri of Three__Htznd!ld.Ttl~lt~-~De and--6100[--_---.- f=-----331.62.--------~ indudirq interest, on tl+e
' / -day of each month beginning on the ~Y of - 19
79--
and continuing on the N' day of each and every month thereafter until the day of -.~.-i~t~?J_`w.--------
'r
E 19 9~i, on which said date the entire balance of principal and interest then unpaid shall become due and payable. Each payment is to be applied
t fat to interest and the balance to principal.
In case said installmenri, or any of them, are rat paid wfthin 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, sweties, endorsee and uarsntors of this note, hereb several waive
9 Y IY presentment for payment, notice of nonpayment, protest and
notice of protest, and diligence of bringing suit agairot any party thereto, and consent that time of payment may be extended without ratite thereof to
t any of the sureties of this note.
1 Now, should it be neceuary to collect this note though an attorney, each of us, whether maker, sorely a cndwser on this note, hereby agree ro pay
~ ~ all eosri of said collection, including a reasonable attornst/s fee.
i
Said bank is hereby expressly authorized to retain any general a special deposit, collateral, real a personal security, or the proceeds thereof, bebrtp-
ing to eitFte. of us, now or hereafter in the possession of it dwirg the time this note rtmains unpaid, and before or after matwify herewf may apply the
same to this a any other debt or liabilities of either of us ro said bank, dw a to become due. Given under the hand and seal of each party.
"The interost rats charged liereiA
is authorized by Chapter. 665 Df
P. O. the Florida Statutes.''/~ . - fs`~~ .TA Attu !Seal)
I+4ati7 Jo Otto
No Due (Seal)
s
Form 100
f 09 Ta WT0
I
~o~x 309 ~a~~ 195k9
-
- ~ -