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HomeMy WebLinkAbout2781 t. . ' ~ l0 Ihe ~ame, together wllk th• t~n~n~enfa, ?~eredttamenls and appwt~- nancea Itienlo de~onging, ana ftie rents, tssues and pro~ifs fti~nof. unfo ttie mortgnges. 1~ ~st tintp~t. ~ fhe mo~fgagor rn~~enanls wIfti !~e morlgaflee Ihn! Ih• n~o~tgagor ii inda~enstb~y aPized of satd ~ana in fee simp~a: thnt the morfgagor ~ai good rigtif nnd InwJu~ nutho~ily to convey aatd land as a~on- satc~; f1~a! f1~e mortgago? wi~~ malr~ •ucl~ f urfher assurancea fo per(ect fl~• /ee sin~pb t1tl~ !o said Iand tn fl?e mort$agee as n~ay ?easona6ly 6e roqui?~ed: tkat the mort9a9or I~vnby (ullr wan+anl~ tl~• Utle lo said land and will deJend tl~e snme against tl~o lawjut clainu o~ nll penons wl~oensosver; aRd 11~at sntd land is jne and clear o/ all encum6rancea .s'V'. . ~V~ nlW~s~ tkat iJ saic~ mortgagor s~a~~ pay unto said mortgogee the cerfain promia- tory nole tie?einn~ler :u6~tane~a!!y copied or idenfified, to-wif: ~ S 18 ~200 . 00 Stuart, Florida ~U ~`f E ''Z L~ , ~ 9 79~ for value cece~ved, 1, we, or either of us jo~ntly and severatly promise to pay in lawful money of the United States of America to ihe order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in'thiscity the principa) i EIGHTEF.N THOliSAND TWO H1J~D~ED AI~D NO/100---------------------- ars ' sum of - - - - - - - - - - - - - Doll ~c~~~tfier w~th int~•est from dite tt the ~~t~ of ? per centum per en~um o~ tF+t ~npa~d ba'snce ~mi1 paid, ~~~d pr~n,ip~l ~~d ~nteretl to b~ p~y~bl~ a~ ' ! ~ollews: 1 monthly icsrdh:~nts of Tku ~~undred $1Jity-One_ and ~2~1~~ ~E1.I2. ) iM~~;rp inlerest, o~+ tM ; r~ ~ ~d _ 9 ~ ~ d.r oi eech month k,e~~nn~nq on ~M d.r of ~ V~~1 S/ 19 ~ ; . - - - - y - _ - - ~ i ~1 1~~y ~ e-+d cc~t:a;,:n~ on t}N ~ dar of each s~+d every me~th ~F.rreafter until th~ _ d• of ~ 19 89 , on whrch a~~d d~t~ the ent~~e bei~nte of pti~c~p~l •nd intetest then unp~~d shall becorne d~e +~d pay~bk. fach p~yment is to be •ppli~d ~ f~rst Io IMc.est •r+d the bat•r,c~ ~o pr~nc~p~l. In c~se ~e~d 7nstallr-.ent~, w•ny of ~hcm, ~re no~ paid wi~h~~ 15 days aft~r the ~ame become dw, tM whob ~ of s~id.p:~ncipal •nd inurcat wm sh~11 forthweth bccome dw and pay~ble •t the op!~on o~ tht hoid~r of ih~~ not~. _ : _ ~ W~, the maken, av~et:e~, e~dor~-n •~d qw~~nton o1 th~s ~ote, Aereby se.eu~~y w+ive p~esentment fw p~yment, not~ce of non-payment, protest and £ cot7ce o~ p~otes~, •nd d~l~gence of brir.~,ny svit •~~inN tny puty thereto, and consen~ thd time af prymtnt may be eater.ded w:~!+oot no~~ce thereoi lo ~ sny of tM sure+~es of this not~. ~ ~ Q~-~~+ ~ - ~ ~ Now, shou~d it b~ ~ece~~~ir to coRect fh~t ~o~e ~hro.,gh •n •ttorney, e~ch o/ us, whcther maler, iurety or endor~ar on th~t no~sj hereby ayree to pay ~11 cc~ts of ~a~d co1(ea;on, inclvdinp •~e~w~+ble ~ttorn~yi fe~. ~ , F ~ Sa7d b~nk i~ hereby ~~pres~ly •vthoriied to .a~a~n •ny gen~rd or tpecl~l depos~t, coll~ta~l, real or person~l security, or the proceeds tMreol, b~tonp- ~ to cither o~ vs, new or here~~t~r in tF.e pc~ses~~on o1 it durir•g th~ t:me th~? r.ote ren~a~ns ~~pa~d, •nd Feforo a•~'er m~t~~~fy FtreO~ may apply th~ ~ ~~TM to th's o~ •~y other d~bt or G~b:Giie~ o~ eifF.e. of ~s 1o sr~d b~nk, d~,e or to tecome dve- G~~e~ u~der ~he h~nd •~d se~l 01 e~ch pa~ty. - "Tl;e ~~;~rest rata c!.a-,;ec! ',~rc;n THIS NOTE IS SUBJF.CT TO ACCELF.RATI.ON AS PROVIDF.D IN ~ ~~'~~~~Zt~ ~r C':-.r'.~r 655 of Tf1E i'OkTGAGE OF EVEN DA'~E l/HICH SECUIZES ,'.NIS NOTE. ~ P. O !'r.~ F.';,:~.~a S:_t::es:' ~ _ .l ~ f _ - - - ~ . s = -(Seel) ° ~'1-~l'!~an!~,t~~t.it~,r C}iARI.ES R. EICHACKER Fk'r'•: ~1.C11U.; :y ~ ~ ~ . ~ J Seal : ~ ~ •~t~i'~ NJTkRr~Yi''_CiC ` N~- ~:J D:se~~:t_~:c-~- - ~ - NL•1 - -L'~j= ~F~ - - ~ • : ' JQ~ AIZN EICHACKER fo.rn ~oo .•~r~~ ~ I ` . ~ ~ i1r i'r~.~ ~~if~t ~ s Z`~ ~ ( ~ ! ~ ~ ~ ~ g~RK 311 ~ACEz7~ ~ k • ~ ~ _