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LO.\N NO.
O. R,
/lOOK
......
71~9
ST. LUClf COUH1Y. rLA.
8!-1,7"
FLOR!DA
MORTGAGE
THIS INDf..NTURE, madr this 20th da~' vf Jlftroh , A. D, 19 61
by :lncl ~tween IliDIAll RIVER LAlfD INVEST1lE.NTS, !BC., a 110rida Oorporation
of the COllnty of St. Lucie , in the State of Florida Mortgagor, IUld hereinalter JO designated .lnd McCAUGHAN
~{ORTGAGE COMPANY, INC" a .-orporation of the State of Florida. h:winst itl princip~ office in lhe City of ('.oral Gablt'l.
SI"I~ of Florida, Morlgagee. and hrreinafter 10 designated:
WIIFRF.:\S thr S:lid Mortgagor il jllUly indebted to thl' !.lid MortR"ltre in the principal 111m of
NINE THOUSAND THREE HUNDRED FIFTY and OO/100~ - - - -
- - - - DolI,HI,
as evidenced by a certain promissory note of even date herewith, the fin.ll p,l)ment of which is due on
e"ecllteu by the Mortgagor
April 1, 1981.
J "od d,h....,d .0 .h, MO",.g". wpy of whk;. ;. ....,h.d h,~.o .od m.d, . p'" h,,~'
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FIXED MONTHLY PAYMINT NOTE
9,350.00 ____hn PW.... Florida, JIaNill ~ I~
For value recei\-ed, the undenirned ja:..tt, ...d ~._..H, ~~1' toth, lIIIder Of~G TGAGE
COM,l.~~:" ~., a Florida corporation, the principal lum of . ..~ mree _ Do11an
($~~~. ), with interat thereon from date, ~yable monthly at the rate of __ per cent.
per annum; the interat and principal cf Ihil note payable in instalments &I followt:
Begir.ning on the 1at day of ----. IQ & the nm of
and the ume amount on the same day of each month therealter until Ihe _ "'l:II""" day of
when the baiance of the principal il due and payable.
$
AI'
Djr'
,19_.
The afor-esaid monthly paytmnll are to be applied fint to interNt at tbe rate alor-es.aid due monthly upon the principal .um
or 10 much ther-eof &I Ihall from time to time remain unpaid, and the ~Ianl'e of each monthly ~yment ehalJ be applied on account
cl principal. This note may be orepaid at any time in Vihole or in part without
penaltv .or. oremium, d . , I .
iGI lO.ta!JriCnts oT IOre-re.t an pnnclpa an payable at the office of the payee in the City of Coral Gabla, Florida, or
at luch other j>lace &I the holder hereof may desirnate in writinlt, in lawful money of the Unitt-d Statu of A.":lC!ica. If any
of sa.id ililllalmenll C>. '..-relt and principal Ihall not be paid when due then the entire principallurn and accrued inter~1t shall
~come due and payable at oncr, at the option of the legal holder of this note,
Each nal."r and enaorser waivel the risht of exemption under the Constitution and )awe of Florida, and each maker and
endorser wai\'f'1 aemand, protest and notice of maturity, non'paym~nt or protelt IUld all requiftmentl nece.ary to bold each of
them liable as makers and endorsen.
It il further aSrt~ that each naker and enJoner, jointly and leverally, Ihall pay all 0:0111 of collection, inc1udin, a relUOn-
able atlornl'Y's fee, on failure 10 pay the principal oC this note or any intereet thereon at maturity, This note and all RUllI due
thereunder shall ~ar interest al the rale of ten (10) per cent, per annum from due date untj] paid,
It is further a'l'reed that each maker an<! endoner jointly and ~..eral\y hereby COruellt to any exte1'.eioru or renewall nr
modificatipH! of thil note or any part lherrof without notice. and ea.:h maker and endoner qnee that be will remain liJlble &I
<IIch ourin!!; any I'"tension or rO'newal or modification hereof until the debt reprelented hereby II fuUy paid.
This nole is !Ccured hy mort8ai{e upon real property in ft. 1..-t. ~_~Florida, an<! thi~ note i\ to
be CO"llrlll'O accordin&: to thl' laws of Florida, ~.Q llI'YU LAD JIrVlIaJtI_M:l, ~. \IIIA!.I
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By Gardner Cowles
Preslden't
By John F. Hard1ni
Secretary
(SEAL)
(S!!AL)
'.'ow TillS I~DF.NTl'RE WITNESSETH, Ihat thO' lai,l Mortgall:or, 10 ~tter ...,cure the payment of the principal rum
I I', nl'~ promi,'or,' not" ~nn in'prl',t Ihl'r"on and in con<inl'ration thercof, and for other valuable considerationJ, has
~(" 011 In ,3.. (j .0>, , ..~ . ..
"',lntni. 1J.lf[:,~;nrcl and ,old and hy the,1' presents d~s grant, bargain and se!llo laid !-{ortgagee and to III ,uc~n and UJlgnJ
forever. "II Ih:lt crrt,~in parc('l or pil'ce of land I)'inl/; and ~in!f in the Counly of St. Lucie ancl State of
Flo.:d:\, morf p,1flicularly d('scribed :/1:
Lot 28 in Blo~k 15 of South Port St. Lucie,
Unit 3, according to the Plat thereof as
recorded in Plat Book 12, Page 4 of tue
Public Records of St. Lucie County, 'lorida.
Rec~ived $ / t 7 {) _ in payment ot taxes due <
en C; 'S',' C' In'.;-i: b'e PW,OiJI Pro~p:t, pursuarl: to
Chzp.u ,:,07 -t, LJ~" of ,;-'O;'d~S of 1~41.
Ta,Co';;""" Sl'"," ~u~,~
State documentary stamps affixed to the original note and oancelled.
._,._______~ ~_. -r___. --_-..., _........--..__".