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O. R.
900K
7
1'71
LO:\N NO,
~T, LurIE COUNTY. fLA..
8!-1.,7'2
FLORIDA
MORTGAGE
THIS I:-.iDE:-.iTL'RE, mad~ this 20th day of
by .1nd ~tw~~n INDIAlJ RI'V'ER LAND IBVESTMEliTS,
Karch . A. D, 19 61
INC., a Jlarida Oorporation
of the County of st. Lucie ,in the Stale of Florida. Mortgagor, .u;d hereina!tu 10 designated and McCAUGHAN
MORTG,,\GF. CO~{P.-\:-.iY, I~C. a <orpor>tion of the State of Florida. havinl{ iu principal office in the City of Ceral (;abl~s
St)!~ of Florida, H()rt~alli~e. and hereinafter so de,ignated:
WIIFRF.AS lh.. Did Mortl{agor il justly indebtecl to th(' ",icl MnrtKal{ee in the principal ,urn of
NINE THOUSAND THREE HUNDRED FIFTY and 00/100- - - -
.April 1,
,U e\'id~n"d by a certain prornissori 1I0te of even date herewith, the fin,,1 p"m..nt of which is due on
.."..cut..d by the Mortgagor
..nd d..liver..cI to th.. Mortgagee, copy of which is :\llached hereto and made a part hert'Or.
]
FIXED MONTHl. Y PAYMENT NOT!
. I'~
,9,350.00 _~_. J92't. pt.... Florida,
For val..e received, the undenignc"() ,;",;..11, .,.<\ ~.~.~ promiJteS to pay to the order oC
COMP....NY. INC,. a Florida corporl\tion, the principal.urn 0....... ----.. .... .
($ 9, )50.00 ). with intereU therwn Crom date, payable monui1Y&ithe rate-Of
per ann~lm; the interest and principal of this note payable in instalmenu &J followl:
....-
Wc:CAUGHAN WOIlTGAGE
.~ lUll, ... -pe~~
"..1'
.U
DoUan.
, 194-.
Beginning on the ~ day of _ ... _, I ~ the IWD of
and the same amount on the lame day of ea<:h month ther~a{i~r until the -W=-- day of
",hen the balan~e of tlt~ principal il due and payabl~,
Th~ aCores~id monthly paymmll are to ~ applied first to int~r"ll at the rate aforeaaid due monthly upon the principal sum
or 10 much thereoC as .hall from time to tim~ remain un J:l'I id , and the balap.ce of each moath!Y payment aba11 be applied on account
of principal. This note may be prepaid at any time in whole or in part without
pena1tv or premium. .
.I:!Y inualmtnu of interest and principal are payable at the office cC the payee in the City of Coral Gables. Flonda, or
lit such other place &J the holder hereof may designate in writing, in lawful money of the United States of America. If any
of laid instalmenll of inter~1l and principal ahall not ~ paid ....hen due then the entire principal lum aDd accrued interett ahlll1
~come due and payable 'lt once, a. the option of the legal holder oC this r.ote.
Each maker and e;}dorser wai\'el the right of exemption under the Conuitution and la..... of Florida, and ~ach maker aDd
~ndorser wai\'f'1 demand, protest and notice of m~turity, non'paym~nt or protelt And lIl1 requirements neceaary to hold each of
th~m liabl~ as makers and endorsers,
It is further agrf'ed that e~ch nuk~r and endorser. jointly ane ~erally, .hall pay all CoRl oC collection, includinlJ a re.uon-
able attorney's fe"", on failure to pay th~ principal of this note or any interest thereon at maturity, This note and aU IWIU due
thec..und"r shall ~ar internt at th~ rat~ of ten (10) per cent. per annum from due date until paid.
It is fmther al(r~~d that earh makf'r and ~i'ldorser jointly and .e..~rally hereby ':ONent to any extf'tUioru or renewal. or
modifications of this no:" or any part thereof ....ithout notice, and ea~h maker and endoner ap-ee. that he win remain liable &J
",rh "mil'll( any e:\tension nr r..newal or modification hereof until the d~bt represented hereby i. Cully paid,
This notf' is ,,'~ur..d Iw mortgal(e upon
l>l' rn"strlld arrordinl( to the I"",s of Floricla,
}
real property in at.. I Till k__ Florida, and this note i. to
nmvg iDD.... JIW...~dt, DC. (au.)
I~ By _ G-,qrdlJ.Bl" Cow1eR (SEAL)
~^L) FreBI~ent \
(.SMC) By _ John .,. Hard.i..ng (SEAL) \~
Secretary
:'\O\\' TillS I:'\Or.:-.iTI'RF. WIT:'\F.SSF.TH, that the said Mortgal(or, to ~ller secure the payment of the principal rum
".t Oilt in s,lid promi<5ory not.-, ;Hld in!..rnt lhenon, and in ~on<icleralion ther.-of, and for cth~r valuable conliderat;ons, has
I(r..rllr(l. b H<:a;n,,1 an<l sold ;md b,' thes.. pr"sf'nlS do('s I(raH, barlliain and sell to said Morll(agee anr! to its .urc~s.s')rs ana assigns
f"reHr. ..11 that rertain parcel or piec~ of land lyin<: and ~in!t in the C(llInl\' of St. Lucie ancl Slatf' of
Flo..;d~, more particularly d~scri~d as:
State
Lot 20 in Block 16 of SouthPort St. Lucie,
Unit 3, according to the Plat thereof as
recorded in Plat Book 12, Page 4 of the
Public Recorda of St. Lucie County, llorida.
I\ecei"ed ~ If; 7Q.- in pJ)'ment 01 taxes dUll
on (,1 S' "e ' ;,~', .~" f,:r,iJi~al Prope;:" pursuant to
ChaPler~07Z-~, la\). Of rlorl~3, :ct~SOI 1~41.
~-----,___)1 ~ ~....
---:r3XCollector. 51. LUCie f' \y, Florida <........ .
documentary stamps affixed~Origi,nal note and cancelled.
_1I" _~
Oolbn.
19 81.
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