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18J
LO:\N NO,
~O~K
~T. LUCIE crl~NTY. Fl.A.,
8!c-l,7'4
FLORIDA
MORTGAGE
THIS INDF..~TtJRE, made this 20th day of llaroh - . A, D. 19 61
by .1nd ~tween DiDIAB RIVER L.A.N1> IHVESTKEBTS, !BC., a rlorida Corporation
of the County of St. Lucie ,ill the State of Florida Mortgagor, and hereinafter 10 deNpated and McCAUGHAN
MORTGAGE COMPANY, I:-.'C, , a corporatio:o of the State of Florida. h:w;nit itJ princip&: office in the City nf Coral Cablu,
St~t, of Florida, Mortgagee. and hereinafter so designated: - .
WHFREAS the said Mortll;i\gor is justly indebted to tht' nicl Mortgaa;ee in Ihe principal .urn of
NINE THOUSAND THREE HUHDRE1> FIl'TY and 00/100- - - - - - 0011 a II.
:u evidenced by a certain promissory note 0f even date herewith, the final payment of which is due ?n Apr i1 1, 1981,
executed by the Mortgagor
and d..livereG 10 the Mortgagee, copy of which is attached hereto and made a part hNeof.
1
J
'''lID MONTfIL Y PI. YMINT NOn
'"
, 9,350.00 __-1"01"\ P1eRe. f1orida, ....-aa 10 --. 19..6l-
For value C'e(:eived, the undenimed ;":'.tl, _..d _,.u., ~ to pay to the order of McCAUGHAN WOR.TCAG~
COMP."NY, INC" a Florida corporation, the principallum oC ".. ___.-A "..... ~ nn.- -DoIlan
e' 9, J50.00 i. with in~ret1 thereon Crom date, payable monthly at the rate of _..... per cent,
per annum; the inl~t and principal of this note payable ir. hut&lrr.enb as C01low1:
Beginning on the 18t day of ~ ~ 19-.61- the IUD1 of .6L.n.- ~
and the ~me amount on the lame day of each month thereaher \lnti! the _ ~ day of .~_, 19...81-:
when the balance of the principal is due and payable.
The aforesaid monthly paym"ntJ a~ to be applied fint to interet! at the rate aforaaid due _thJY upon the principallUm
or so much thereof ~ Ihall from time to time remain l''lp.&id, and the balance of each moothly par-t Iball be applied on account
of principal. ThlS note may be prepaid at any time in whole or in part without
penalhYinREm&teJPM~wsl and princ:p&! are payable at the oflice of the payee in the City of Ooral Gah&eI, Florida, or
at such other place u the holder hereof may. desimate in Wl;ting, in lawful money of the United Statel or .-\merica. If any
of said instalmentJ of int"relt and principal shall not be paid whm due then the mtire principallWD and accrued interelt eball
becom~ due and payable at once, at the option of the legal holder of this note,
Each maker and endorser waive. the right of exemption under the Constitution and laWl of Fiorida, aIId each maker and
endorser waivl"s demand, protest and notice of maturity, non.payment or protest And all requirements ~ to hold each of
them liable as maken and endonen.
It is further agreed that each maker and endoner, jointly and IeveraUy, .hall pay all CQltJ of coUectioo, indudinc a reuoo-
abj" anomey's ("'" on faibre to pay the principal of thir noce or any interest thereon at maturity. This DOte aIId an IWJU due
th"reunder shall bear interest at the rate of ten (10) peT cent. per annum from due date until paid,
It is further a~d that each maker and endoner ;oinl1y and Ie'~rally hereby CONle1lt to any extetuiom or renewals or
modifications of this note or any part thereof without notice. and each maker and endone!' arreea that he will remain liable u
,nch during any extension or renewal or mooification hereof until the debt represented h.ereb-, is fully paid,
] L_ Thi. nOle i. iCcured hy mOrtgage upon real properly
""" construed accordinl( to the la~ of Florida.
~
in ft. ",,31"'.. l'!~ ,Florida, ~d this note it to
J'IM'. I1l'Ja wm JJI~UUln6oU, III:. (8D.L)
Cowles
.(..SaM;t
By _ Gardne r
PreSident
By --Jobn ",
Secretary
(S.~
(SEAL)
H~n.tH 1'1 g
;-';OW THIS I:>:DF.:-.'TCRE WIT:'\ESSETH, that the said Mortgaa;or, to ben"r aecure the payment of the principalllUIl
set Ollt in said prnmi<sory not/', ann inter...t thereon, and in comicleration thereof, and (or other valuable considerations, hai
granted, b~r<::\in..d and sold ~nd by these pre.ents does !!rant, ba~gain and sell to laid Morlgagee and to its lurceuon and assign!
forever. all Ihat certain parcel or piece of land lyinK and being in the County of St. Lucie ancl State of
Florin", more particularly descri~d as:
Lot 23 in Block 16 of South Port St. Lucie,
Unit 3, according to the Plat thereof as
recorded in Plat Book 12, Page 4 of the
Publ~c Recorda of St. Lucie County, Jlorida.
_,," . If, 7 L) .~: cf ~~xes due
::ias I.:, J ;'~~;'e;l.) p~rsuant to
Jpier ,.. ," C' I,C:,ja, i'~:S of 1941.
/ -r-' '. 9t;
~_- ----(7.1...._ ~ - "'_
-lax CCJllt';;Cr, St. LUCie Co ty, Florida ~
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State documentary stamps affixed to the original note and cancelled.