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'.'~"--i~.LlI_
Q. R.
BOOK
7
111
LO:\N NO,
S T. LUCIE COUNTY, ru,
S!-1,7'O
FLORIDA
MORTGAGE
THIS I~DE:'\Tt..:RE, mad~ thi~
20th day of
~.ch 61
,A, D. 19
INC.. a llorida Corporation
by ,1n11 ~tween INDIAN RIVER lAND INVEST.MEBTS.
of the Counly 0: S ~ ,. ~uc ie " in th; State of Florida ~fortgagor. and her~illalter 10 designAted a.nd McCAUGHAN
MORTG.\GF. CO~fP.\:'\'\, I:-;C, " ,orporallon of th~ State of Flonda. h;win'{ its princip1! offie~ in lh~ City of Coral Gab]~s
Slal~ of Florida, Morl~agee. "nd h~r~i"after so d~signated: '
WIIFRL\S th~ said Mort~agor is jml]r ind~bt~d 10 the "it! ~forlgal/~I" in lh~ principaf sum of
EIGHT THOUSAh~ SIX HUNDRED and 00/100- - -
Dollars,
"5 nid~"c..d by a certain promissory not.. of e','en dat~ h~rewith, 'h~ final paym~nt of which is du~ on April 1,
executed by th~ Mortgagor
]981,
and dl"liwr~d to th~ Mortgagee, copy of which is llttac:A.ed h~reto and mad~ a DArt h,.N'ftl
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FfXID MONIHI.Y PAYMEh'T NOne
. 8.600a.OD-- __I.Qrt-..P1eroe, Florida, lIla-:oob. 20 , 19~
For \'alu~ r~,~i\'~d. th~ undenigned ;';""')1' u'" _."M/y "promiJe~to py to the order of McCAUGHAN MORTGAGE
COMPANY, IN.C, a Florida corporation, the principal sum of .M;1.p~ 'rhouaand. 81.][ H~drAd.- - Dollan
($---8....bOO.. 00 ), with interest thereo'l from date, payable monthly at the rate of ____OS per cen:.
per annum; the intcr~st and principal of this not~ payable in instalments as follows:
Be~inninl/ on th~ __~__ day of ______~__, 19~ the lum of I 64.2.', !9Do~r',
and th.. '3m~ amounl on tlte same day of each month thertafter until the - ~ day of ~l)r~
whrn th~ balanc~ d th~ principal is due and payable,
Th~ afo:.~s3irl monlhly paym~nu are to ~ appli~d fint to inler",t at the rate aforesaid due monthly upon ~he principallum
or '0 much thereof a.s ,hall from time to time remain unpaid, and the balance of each monthly payment shall be applif'd on account
ol principal. This note may be prepaid at any time in whole or in part without
pena~\r in<i>trlm~lt~eW ~r\\m,t and principal are payabl.. at the office of the payee in the City of Coral Gables, Florida, or
at such olhu place as th~ holder hrreof may d~si~nale in writing, in lawful money of the United States of America, If a.ny
of uid installll~nts of inl~rest and principal .hall not ~ paid wh..n due th~n the entire principal lum and accrued inierelt shall
become due and payable at once, at the option of th~ I..gal holder of this note.
F.<lCh lIlahr and ~ndorser wai\'~s th~ ri!l;ht of exemption undrr the Constitution and laws of Florida, and each maker and
endorser wai\Ts d..mand, prot..st and notice of maturity, non.paym~nt or .,mtest a:1d all requirements necessary to h~ each of
them li,lhl~ a~ makers and ~ndorsers.
It i, further ill/rrrd that ea,h mahr and ..ndorser, jointly and s~v~rally, shall pay all cOtU of collection, including a reuon-
able allornq.', fe.., on failur~ to pay the principal of this note or any interelt thereon at maturity. Thil note a.nd aU IUms due
th~r~under !h311 br3r intrr..,t at the rate of ten (10) per c~nt. ~r annum from due date until paid.
It i~ f urlher ;u;rrrd that ~ach maker and ~ndorser jointly and ~...'rrally hereby consent to any extensions or renewals or
modifi("tiOll~ of thi~ nott or any part ther~of without notice. and ~ach maker and endoner agrees that he will remain lia~!e III
.",h durin<: ;10)' rxtwsioll or r~newal or modification her~of until the debt represented hereby is fully oaid,
Thi, not~ i~ ,(currd hy mortgai(~ upon r~al
br ro"'tru~d accordinl/ to thr law, of Florida.
prop<'rty in st. Luo1.. County Florida, and this note is to
INDIAN RIVER LAND IHV~3T~TS.I~C. (ti~)
By
~
Gardner Cowles
PresITent
.TonTI F _ H~rn i ng
Secretary
(SEAL)
(SEAL)
~
By
,1
1.
\
:--;o\\' THIS I:\DFSTL'RE WIT:-;F.SSF.TH, that the said Mortl/allor. to ~ller secure the payment t tt.- --,--,-- _.
, . I' I . ' 01 He ytlU'-IpU .u.ffi
,<'I Ollt In ',\IC prorlll"ury nll[", ,'Il! In!er..,t thereun, and in comirll"ration lhereof and for oth ,I bl 'd' h
. ' " er \ a U3 e COIllI eratioru ill
/<:r,lnt..d. 1)lr<:,l1n('(I and ,old and bv th~se pr~sents does granl bar"3in and !~II t .id 'f. d' . ,
f .. . ' . .' ~ 0 I~ .. ongagee an to IU wrr'!ssors and USlgnJ
ore\~r, ,ill rhat crrLlIn p3r<rl or plr't' of bno Iytn<; and brm!C in the Gnu tv of St Lucie
Flo.i,b, mor.. p.,rticular1y d~scri~d :u: .. n. and Stale of
Lot 21 in Block 16
Unit 3, &ccording
recorded in Plat
/ Z-:?-CL in PJ:~tlo~~x:::ord8 of
" .~',~: Perl,(" . 'j" ,.
. d I, " ,,' r'"r$uan! to
n I' , (;, J:, Z "
-~~. JJz..(j~..
r-.:~
of South Port St. LUCie,
to the Plat thereof as
Book 12! Page 4 of the
St. Lucie County, llorida.
ReN>iverl ,
N '
Ch2ptel
State documentary 8tam~:~e~ t~
the original note and canoelled.
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