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HomeMy WebLinkAbout0032 i r+ ~ . r ; ,a ~ ~ ~ the Busse. roQ.lhe? werh eRi - t.~n.nstrta, rind .ppure.- natsce, thereto S.Iartpittp, and the rrnb. laver and pro/tb tk~+w/. onto tie Mo~«. 1n .tw~p~. 1 the morrgooor cowtsatnts wrth the esorfgoo« that else twort~or t, itsd./..,tbly sassed o/ ,aid land in ,insple; ,that the twortoaQor hm oood risht and [aw/uI sutkorihr t0 oonwp ,aid land a, %r,- ,aid: char 1/n. moregapor wtU matte ,uch /urlher autsroncea to per/sd the sttwple title to ,aid lnd hs the- mortyopee a inay rasotsably 6e nqutnd: that the mortpopo? 1?.r.6y /ally w.m.na the tiro to said laud and tulU d./.nd the ,unite oQainst rh. law/u! claims or aU person, urhont,owsr: and th.t ,aid laud t, /r« . and clean o/ aU ancunsbnarsca, except those taxes accruing subsequent to December 31, 1978. IF ALL OR ANY PART OF TH8 PROPERTY OR AN INTEREST THEREIN IS SOLD OR TRANSFERRED BY MORTGAGOR WITHOUT MORTGAGEE'S PRIOR WRITTBN CONSENT, EXCLUDING (A) TH8 CREATION OF A LIEN OR ENCUMBRANCE SUBORDINATB TO THIS MORTGAGE: (B) THE CREATION OF A PURCHASE MONEY SECURITY FOR HOUSEHOLD APPLIANCES: (C) A TRANSFER BY DEVISE OR DESCENT, OR BY OPERATION OF LAf~I UPON THE DEATH OF A JOINT TBNANT, OR (D) THE GRANT OF ANY LEASEHOLD INTBRBST OF THREE YEARS OR LESS NOT CONTAINING AN OPTION TO PURCHASE, MORTGAGEE MAY, AT ITS SOLE SOPTION, DECLARE ALL TH8 SUMS SECURED BY f THIS MORTGAGE TO BE II~DIATBLY DUE AND PAYABLE. MORTGAGEE SHALL HAVE WAIVED SUCH OPTION TO ACCELERAT$ IF, PRIOR TO TH8 SALE OR TRANSFER, MORTGAGEE AND THE PERSON TO WHOM THE PROPERTY IS TO BE SOLD OR TRANSFERRED REACH AGREEh1ENT IN WRITING THAT THE CREDIT OF SUCH PERSON IS SATISFACTORY ~'0 MORTGAGEE AND THAT THE. INTEREST PAYAB ON THE SUMS SECURED BY THIS MORTGAGE SHALL BE AT SUCH RATB AS MORTGAGEE SHALL REQUEST. ~~s, that ij sold ttsorepa~or ahaU par unto surd mortgap« the certain promis- sory note herNttajter substantially copied or idsntijied, to-suit: I o ~Q?~_00 Stuart, Florida, ~ g . 1~! . for valve rea~ived, I, we, or either of us jointly and severally promise to pay in (awful 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 _ Tili~!!_1 ~ ~ I _ Ilars sum of ~ L------------------------------------------------- - j together with 4Mtrtst from da» at the ra» of i~ar atnturn par annum on tM vnpad balaewa until paid, said p?indpal and intsrast ro bt payablt ro - 1M 1~t+M 11~[P-=~'~r~ ar? 3~/10A (s--- 227• u . Including MM~wt, on tlr follows: In monthly lnttall«nri of ~ll ~ ~)3_hL-lt_. ~.-tom.'/.--------- . 19__.._~ --~[11~-. tray or tack «nth bpinninp on tM - - - day of - 7 and oontinuMg on the ..-~.'1~~. _ day of tech and twxy ngnth tl+artaftar ur?ti) the - a~L:l . day of ...--~-~-.C.- F.l_u_.~2--~f--__----- 19...u. , on which acid da» the enl'rt batanp of principal and intertst than unpaid shall bacorne dw and payable. Each payment is ro be applied fist ro intertst and the bdanoa ro principal. In cat uid instdlmtnri, a any of than, an not paid within 15 day, after the same btoonw dw, tht whop of old principal and intaraat Boni .hall forthwith baoomt dw and payable et the option of the holder of this no». Wt, the maktn, surNia, indorsers and guarantor of this rota, hereby severally waive presentment for payment, notice of nonpayment, protest and notip of protest; and diligerttt of bringing suit paint( any party thare% and consent that tint of payment may be exttnded without notice thereof ro any of flit surtties of th& not(. Now, aheuld k bt ntcassary ro collect this no» through an attorney, tech of us, whether maker, surety or endorser on this no», haraby agraa ro pey all cosri of said oolNction, Including a naaonab4 attorrwya foe. Said bank k htrtby tsprealy authorlsad ro retain any general « special deposit, cotlattral, real or personal secw~ty, a tM procetds thereof, belortp- ing rotither o/ us, now a hereafter in tl+t posseuion of h during the time the note remains unpaid. and before or after matwity hereof rn+Y +ppH ~ same ro (hit or any other debt or liabilities of either of us ro said bank, dw or ro becomt dui. Given under the hand and Baal of each party. lri~ 1Avt~ !a a~i~aas ~ aefeeala~t~ a *t+o~iiN is tM llrstpp e! ati~ bsa +rdie? «eas+M tbta 1bt~. . - /s/ Caor~ N. Harris, Jr. fSeap ~ P. O OHpl~t N. H~tlf. J:. Due (Seel) ftret too . i /1!f - : i 8~ 314 PACE 32