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. 3~0 ~lave and to ~!o!d 1~~~> >ume~, ta~c~t~irr ujit~~ Ihe fetieme?~f~, I~Qre<Iifamenfs nnd appurle- I
nan~~s I~~Preto ~~~~onging, an~~ t~~~ r~ntx, issues anc~ proJils thpreu~, unlo I~~e morlgapee. in fee simp~e. ~
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;j ~n~ t~~P ~norf{~agor ~oi~enanls tuif{~ I~~P rnorfgagee if~af t~e marlgagor is inc~e~easib~y seizec~ o! suid ;
i ~anr~ in ~e~ simp~~: I~~af fE~e mortgagor has gooc~ rtght ancl ~awfu~ author(fy fo conney'~hfd Im~d ns ojore- ~
. said; Ihat tl~P mo?Igagor u~ill make ~uch ~url{~er nssurances !o perjPCt II~R fPP 3lllIPIB tlIIP to said Iand in the ~
' morit~ac~~~p os may reasonably 6e required; thaf fhe morl~agor hereby /ully u~ar?ants the lttle fo said land
nnci u~ill ~lpjrnrl Il~e same againsf Ihe Iaw/ul c~oims o/ n~~ persons whomsoet~e~: ane~ Iha! satd Iund b Jree
' a~~d ~1~~. oj ~ll p~~~~~mb.a~~pt Except Real Property taxes subsequent to
December 31, 1978. (
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~rou~ded ~lwAys, thnt i~ said mortgagor :hatl pny unto said mortgagee the ce?tatn prontit-
sory nofP tie~vina~ter su~?stantia~~y copie~ or i~entiJiec~. to-u?it: ~
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a 100,000.00 Stuart, Florida~ June ~q 79 ~
For value received, 1, we, or either of us jointly and severally promise tQ 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~ ---ONE HUNDRED THOUSAND AND N0~100----------------------------- pollars
together with interes~ from date at the ?+~e of lO _ per centum per annum on the unpaid balance unti~ paid, s~id principal and in~erest to be p+y+bk as
fo,bw,: ;,,5~,,,,M~t, of _Nine__.Hundred Sixty-Five__and._04j_100_____._ ~:___965_.04____ ~ ;,,,~~~t, ~
i ~ - daY of esch month bcginning on the day of . - - _JU~y--- - - _ . 19_79 _
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; and continv~ng on the day of each and every month thereafter until tFya dsy of JUne..------
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~ 19 89 , w? which said date ~he entire balance of principal and interest then unpaid ahall become due and p~yable. Each payment is to be ~pp~ied
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i (~rs+ to ~nteres~ and rhe balante ro princip~l.
~ In use ssid installments, o? any of them, ae not paid within 15 days a(ter the same become due, the whok of saed principal and iMerest sum
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shall ior~hw~~h bccome due +nd payable st the opt:on of the hoWer of this note.
~ We, the maken, sureties, endorurs and gu~r~ntors of this ra1e, hereby severally waive p~esentment fa payment, not~ce of ran~p~yment, protest and
~ notice of protest, ~nd diligence of bringing svit agairot any parry thereto, and coasent tMt 1i+ne of payment may be e:tended without notice thereof to
~ any of the wre~ies of tha no~e.
~ Now, shoutd it be necessary to collect th~s rate lhrough sn attor~ey, each of us, whether maker, sxety or endorur on th~s note, hereby sgrce to p+y
~ all costs of sa~d collect~on, includ~ng a reasonable attorney i fee.
~ Said bank is hereby expresily authwized w ~etain ~n nersl or s cial de it, collateral, real or rta?al securi p the ~org-
~ ' Y 9~ P~ P~ P< <Y. P~oceeds 1Fxreof, be
ing to either of us, now w hereafter in the possession of it dwirg the time this noro remains unpaid, and before w after mstwity he.eof may apply th~
sart~! to this ot any other dcbt w liabilities of ei~her of vs to said bank, due come due. G~ven under the hand and se+l oi each party.
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"Tl~e in}crest ratc c~:ar~ed herein ~"'-°'-~V°eK Z
is autho?izcd b ~ ~~jZ~`'~'"O"'~'`"`' '
t y C:i3ptcr 665 of S~zy~a~tir.T ~ '
1he Florida Statute;:' ~a'4 " / L-LC,
~ P. O. Od~sc ~1 . ` (Seal)
~ THIS IS A BALLOON MORTGAGE AND THE F NAL PAYM~I~' enne . ay
g OR THE BALLOON DUE UPON t~IATURITY IS ~73,000.00 .
s TQ,~~THER WITH ACCRI.~~ INTEREST, IF ANY, AND AlL K~eth p• ~Y ~~~Y J.IaFa~'ze~~P. .
~ q(j' THE TERMS a New oxk'Profes ' Corpo ation
~ w.m ioo OF THIS t~IORTGAGE. g~,`. - -
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~ - 311 ~ac: 657 ~
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