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~o ~taue ~nd to ~iold ~~?e sam~, fa~letl~~r wil~~ f~~e lel~em~~nts, {iere~Iitamer~fs nnc~ c~j~purl~•
?~ur~ros I~~~r~to '?~~on{~inE~. an~~ I~~e re~ts. issues a?~~ pro~ils I~~~reo~, t1f1~0 l1i~ mort~agee,; In (ee a~(mp~e.
~~iA »iori{~npur cai~~nanls tuIf~~ the mortpa~ee t~~al f~ie mort~agor is irte~c~feati~~y seize~ o~ saic~
I lanrl in J~~~ sim-~1~~: ?I~nt Ih~ morl~a~or l~as pood ~lght and [au,jul authorlty to convey said lan:i as afora-
sai~~; f~iat f'~e morlnn~or wi~~ nta~e suc~f jeirtl~rr~ assu~nnces to pe:;=~ct Ihe ~ee slmp~e til~e lo satd Iand tn Ihe
ntorl{~a~ee ~s moy reasonnl~Iy E~e require~~; Ihnt t~?e mort~aflor herehy Ju~~y warranls Ihe ilt~e f~ sa(~ ~an~
. and u~iU d~/c~nd the snm~ apninst tl~e law/ul claims o( all persons whomsoeuer; anc~ Iha! ~aid lnnd tJ jree
.cu~~~ r~c~nr q~ A~~ er3:t~m~~rances .
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' ' . ~w~s~ tha~ if iaid -mortgagor a~al~ pny unto aald mortgagee the certain promi:-
- ~ sory not~ E~ereinajfer su~stantiaj~y copiec~ or l~enlifiec~, to-wit:` .
S ~ ~ , ~ PROMISSORY NJTE _Stua.rt, Florida. ,
. . .L 19 ~ s . _
FOP. V~UE RECEIVED, the undersigned; ~ointly and severa~~.y, PROM~SE ~ .
TO °I~Y to th~ order of O G TRUSTEE -
:he sw-~ of ur ~ - ~G T ~vt~ - v. DOLLARS
at 88 Fairway_East, Stuart, Fl ida or su~ ot er place as
:.~e~o~ cer ereo may c~esignate irn
writing, taget er with interest from date -
3~ the rate of -7-1 2 $ per annum on the_unpaid balance until maturity. -
Tl:~ said principa an interest shall be due and payable as follows: ~
In ~thly installments of $79.54, oa~ncing o~? the 9th dacy of July, 1975, and there-
a~.`ter or~ the 9fh day of eaceh and every st~cveeding m~azth ~til Nave~er 9, 1981, whai
the e.ntire principal balanoe together with accsved interest shall be due and payable
in ~utl. - ~
The makers of this Note~pressly reserve the right t~o prep~ay at any time and fran t~me ~
- to ti~e in full or in part, the vutstanding princigal balano~, t~ogether with aocn~ed .
in~.rest . _ - . ~
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~ IF DEFAULT be made for thirty (30) days in ~he payment of any install-
rent of principal or interest or any part thereof, the whole sum then re-
- raini^g ti:ripaid wi~h interest shall at holder's option become due and paya~le .
kithout r.otice. Failure to exercise such option shall not constitute a_ -
wa~ver of the right to exercise ~he same ir, the event of subsequent default. _
-~fter ~aaturity both-principal and accrued interest shall bear interest at _
ten (10) $ pe~ annum uritil paid~ The makers and endorsers of this note
_ur ei
w
ve demand, notice oi r~on-payment and pro~est. If-this note is "
:-r.ot paid at maturity and,the same is placed with an attorney for c~llection,- -
= the ma.kers and endorsers hereof agree to pay all costs of colleat_ion~ inclu~-
ci::g all court-costs and reasonable attorr~ey fees. Court costs-and rea5on-
- aa3e zttorney fees include any costs and fees on appeal. - -
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BoOK iG~ P11C~~, _
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