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~Q ~ ~ TU1~ lhs same, together with the fsneme?ys, heredttamenls and appurte-
nances thereto belonging, and die rents, issues and profits thereof. unto the mwfgagee, in fee simple.
the mortgagor covenants with the mortgagee that the mortgagor is indefeasibly seized of said
land in fee simple: ttiat the mortgagor has good right and lnwjul authority fo convey snid land as afore-
said: that the mortgagor will melee-such further assttranees to perfect the fee simple line to snid land to the
mortgagee as may reasonnbly be required; that the mortgagor hereby fully wnmtnls the title fo said land
and will defend the some against the lnwf ul claims of all persons whomsoever: rend that snid land is free
. s~?~,clear of all encumbragces
t.
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~COUided always, that i j said mortgagor ihnU pay unto said mortgagee the certain promis-
sory note hereinafter substantially copied or identified, to-wit: ~ ~ -
r
~ X7.000.00 Stuart, Florida, y Z s~ 19 79
For value received, 1, we, or either of us joitrtly 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_ 'tl~IR1? SEVEN AND I~0~1 Dollars
~ rogether with interest from daro at the rate of --10 per centum per annum on the unpaid bad until paid' :aid pr'mcipal and interest ro be payable- a
~ followrs: In monthly installments of ~1T~ Ht1I1~Y~ -~A@~SeVen and 6 100 (~---~Q,Z~~__-) indud-irg intaast, on the
s t y l9 79
~ / Jul
day of each month bey'a+rting on the d+Y of - _
~ - t r~--
F ~ /
and continuirp on the -l. day of sack and every month thereafter anti! tM day of __..Jamla__----------
19 9~.-, on which said date the entire balance of principal and interest then unpaid shall beeorrte dw and payable. Each payment is to be applied
first ro interest and the balsnoe ro principal. G ~ ~ y
In case said instalimertfs, a 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 dire and payable at the option of tl+e holder of this nob.
We, the makers, sureties, endorsers and guarantors of this note, hereby severdly waive presentmem for payment, rtotios of rton-payrnertt, protest and
notice of protest, and diligertoa of bringing wit against any party thereto, and coruent that rime of payment may be extended without notice thereof a
any of tM sureties of this rtoM.
Now, should ft be necessary ro colka this ra» through an attorney, each of us, whether maker, surety a endorser on this rate, hereby agree ro MY
all oats of said ool{ection, including a reasonsble attornq/s fee.
Said bank is hereby expressly authorized to retain any general a spacial deposit, collateral, real of personal secwity, or the proceeds thereof, bela+g•
ing ro either of vs, now a hereafter in tM pasession of it during the time t~iis rate remains unpaid, and before or after matwify hereof may apply the
P same ro this a any other debt or liabilities of either of us ro said bank, dw or ro become due. Given under tl+e hand and seal of each party.
.t
s P. O. f s/ Russell J orslev /Sean
8t1ase11 J. Horsley
s
Due /s/ Nancy Sue Horsley than
Nancy Sue Hnrele~
form loo
sosreaaes~a
F -
E~~~ 310 ~a~E 2496
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