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HomeMy WebLinkAbout1642 Lo.~N NO, O. N. ~J:~ 1',', , I - >- 7 '~ r. cUe! E C ~ U It - ~. :- ~ · , 5T-l,737 FLORIDA MORTGAGE THIS INDENTVRE, mad~ this 20th. )(arch , ^ D 19 61 day of by and ~tw~~n DiDIAB RIVER LAND INVESTMENTS, INC. s a llorida Corporation of th~ County of 3t. Lucie ' in :,,~ State of Florida Mortga!'>or, and h~reinah~r ..., desi!!nat~d and McCAl'GHAS MORTG,"GE COMPANY, ISC,. a corporation of th~ Stat~ of Florida. h:\Vinll: iu principal offic~ in th.. rit\, nf (.or~1 G:>bl... State or Florida, Mortgagee, and her~inaher so d..sig'1ated: · WHFREAS th~ said Mortgagor i. justly indebted to the- ..id Mnrt!,>:u,e.. in the principal ."m 01 BINE THOUSAND THREE HUNDRED FIFTY and 00/100- - - - - Do11.1I' AS eyid~nced by a cer'ain promissol')' note of ~y~n date her~with, the fin,11 p~'lI1ent of which i. due on ~x~ut~d by th~ Mortgagor and deliY~red to the Mortgage~, copy of which is attached her~to ~nd mad~ a part he-,r-of April 1, 1981. t PIXID MONTHLY PAYMENT NOTE " . 'am.GO ...... _ III -.... ..... n ~. ___ _ .--~ .--..,.., Florida. -- -. .l,,-U&.- For vailit' receiveoi, the UDdeniped j'All} .... II _.llliL~ to pay to the order of McCAUGHAN MORTGAGE CO~_ ilF. a Florida corporation. the principal .um of ~~1 ,...... ......" ~ - - Dollan (t ,. ), with int.:felt thereon from d&~. payabl~ monthly at the B<<: of -Gt per cent. per __um; the Interest and principal of thit DOte payable in irutalmentJ u foliowl: BqinniDr Oft the IR dey of -V . 19-'1. the .um of and the _ amount Oft the ..me day of neh month ther~aft~r until th~ _...1P_ day of when the balance of the principal ia dUf' and payable. ~-n ArU Do~, , 19---U. The aforesaid _thly plIymetltJ are to be applied fint to int~fftt at the rate aforeu.id due monthly upon th~ principal .um or 10 much theTeof .. Iha1I from time to time remain unpaid, and the bal~nce of each monthly payment aha1l ~ applied on account of priocipal. This note may be prepaid at any time in whole or in part without pens:l.1tv ,or. oremltlrn. ' '"""",\11 inIt&IJdtnb <M ~ and priDcipal are paya;'~ ai the office of the payee in the City of Coral Gables, Flonda. or at IUcla otMr pI_ .. die boWef hereof may deairnate in writins, in ia..-ful mc;ney of the United States of America. If any 0( aaid inat!!.lmenb of intfteft and princip&l .hau not be paid when due th~n the entin! principal .urn and accrued interett thall become due and plIra!* at once, at the optiOft of the Iepl holder uf thia note. Each lD&ker &lid mdoner wlLiva the rirht 0( eRJDption under th~ Corutitution anr' lawa of Florida, and each maker and ~. waivn dtmaDd, protest and notice 0( maturity, non-paymmt or ?rotest And all requirem~ntJ necesaary to hold each of them liable ... maken and endonen, It it further aveed that each maker and mdoner, jointly and aeverally, .hall pay all COlU of colkction. including ~ rtalOn- able attomey'. fee. on fai)un, to pay the principal of thit note or any interest th~reo:1 at maturity. Thi. note and all .U:IU du~ thereunder shall ~ar intn'elt at the rate of ten (10) per cent. per annum from du~ date until paid. It i. furthtl" agreed that each maker and endoner jointly and K~rally hereby CO~llt to any nteruion. or r~newau or modific:atio.lI of thia note or allY part thereof without notice, and ~ach mak~r and ~ndoner agrees that he will rerr.ain liable as Itlch durin, any extentioa or t'eIIe'Wal or modiication hereof until the lebt rer-~nted hereby i. iully paid. Thi. note it !C<:und by mof1tfa~ upon real property in All. ~. at ~ be roftItrued acconlinlf to the laWl of Florida ~. ~ 11I8 .....~l. Fk.rida, and thi. not~ i. to -, s. (iUI.) ~ .J~ ~ Cowlp.R (SEAL) By GR~rlner President By .To~n F_ "Secre'tary HRrrling (SEAL) '" NOW THIS 'INDE!I."TURE WITNESSETH, that the .aid Mortgagor, to better secure the payment of the principal rum set Ollt in .aid promiuol')' note, and inter~51 th~reon, and in com ide ration th~r~or, and for oth~r valuable considerations, has granted, b:lfRained and IOld and by these presents does grant. bargain and sell to aaid Mortgag~e and to iu .UCC~S50rs and assigns forever. all that certain parcel or piece "f land lying and ~ing in th~ County of St. Lucie and Slale of Florida, more particularly deacribed ..: Lot 29 in Block 15 of South Port St. LUCie, Unit 3, aooording to the :Flat thsreofae recorded in Plat Book 12, Page 4 of the ~blic Records of St. Lucie County, 11or1da. He-:eived $ f ff. 7 0 cn Ci s 'C" I' In payment ot taxes due Lha ,n angible Persor.al Prc;Jerfy p'-lrsuant to ' p.er '- 24, Laws of .Florida. Acts 01 1941. ' ,... Tax Collector, St. Lucie state doawaontarT ctaap. ~8~~e original note and cancelled. _.. -;;.."."""-; ... -.... - .~" .. -. ~-::;-~.., -~. - ~". . - :'..r~'" "'-""_:'" . .. '.~ T.",