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~LORIDA
MORTGAGE
THIS INDENTVRE, made this 20th day of
by :lOd ~tween INDIAI RIVER LAND IHVESTKENTS,
Karch . A, D, 19 61
INO., a llorida Oorporation
of the Counly of St. Luc ie ' in Ihe Slale of Florida Mortg~gor, &old hereinalter 10 deaignal,d and McCAUGHAN
MORTG.\GE COMPANY, INC., a rorporalion of Ihe Slate of Florida, h:\Vinl{ ill princip&l office in Ihe City nf Coral Gabl~,
Snt~ of Florida, MOrli(agee, and hereinafter w designated:
WIIFRE.\S the s"id Morli(ili(or i. justly indebled 10 the nici Mnrtga~e" in the principal 11Im of
TEN THOUSAND TWO HUNDRED and 00/100- - - - - - - - - -
Doll.....
.n evidenced by a cerlain promiswl)' note of even dale herewith, the finll p"ymenl of ",hich is due on
execuled by Ihe Morlgagor
and r1eli\'er..d 10 th~ Mortgagee, copy of which is auached he.elC' and rnade a part hert'Of.
April 1, 1981,
,/
l'
FtXID MONM. Y PAYM&fT NOlI
'"
10,200.00
.
____.__~ P1erelJFlorida. ____ 11I.._11 10 , J9..63.-
For v"lue received, the undenigned ;';..11, ....s I! uwUy ~~ fV.O~CAU&~ORTGAGE
COM[a~~ :1 Florida corporation, the principiI sum of ::2i. DoUan
($-___'L_.__l. with interest thereon from date, payable monlhly at the rate of _ per cent.
per annum; Ihe inleresl al'd principal of this !lOle payable in irutal~nll :u follows:
lkginning on the 1at day of _ M.Ir , 19~ the sum of
and th.. same amounl on the same day of each month thereafter until the _ ~ day of
when the balance of the principal is due and payable,
16.OJ Dollan.
.....fti. A.
..._ . 19-UoA.-.
The aforesaid monthlv paymenll are to be applied finl to inter..st at the rate aforesaid due monthly upon the principals:;m
or 10 much Ihereof a.s shall from time to time remain unpaid, and Ihe balance of each monthly payment shaU be applied on account
of principal. This ,note may be prepaid at any time in whole or in part without
pena~t,{' 1rP.lilm~r~seW ~~~~il and principal are payable at the office of the payee in the City of Coral Gablea, Florida, o.
at such olher place a.s the holder hereof ma)' designale in wriling, in lawful rnoney of the United States of America. If an}'
of !aid inslalments of interell and principal shall no, ~ paid when due Ih~n the entire principal .um and accrued interest shall
become due and payable at once, at Ihe oplion of the legal holder of this note.
EMh maker and endorser waives the right of exemption under the Constitution and laws of Florida. and each maker and
endorser waivrs demand, prolest and notice of maturily, nOl.-paymen: or protest and all requiremenll neceuary to bold each 01
them liable as makers and endo~rs.
It is furtt,er agreed Ihat each maker and endor~r, jointly and ~e\'Crally, shall pay all COlli of col1ection. including a reaJOn.
able allorney's fee, on failurl" to pay the principal of this nOle or any inleresl thereon at maturity. This note and aU sums due
therrunder shall ~ar inler..!1 at Ihe rale of ten (10) per cent. per annum from due date un IiI paid,
~;
(SEAL)
~
(SEAL)
NO\\' TillS I:'\DF.~TL'RE WITNE~<;ETH, !ha\ Ihe sai,1 Mortgagor, 10 betler ~cure the payment of the principalaum
<!'\ Oil! in ,:lid promi,wry nOlt', ;Ill<l interesl thereon, and in consideration Ihercof, and for other valuable coruiderations h&l
t.(r,lfl!l'd. b"~,l:rlrJ and sold and by these present' does grant, bargain and sell to .aid M0rtgagee and to ill succel80rs and ~igns
(",,'\rr, ,.ll Ih"l crrui" p:lrld or piece of land hin<: and being in the Countv of St. Lucie and Stale of
FJ,,::,b, mor.. p,lrticularly desrri~d as:
Lot 22 of Block 15 of South Port St. Lucie,
Unit 3, according to the Plat thereof as
reco~ded in Plat Book 12, Page 4 of the
Public Records of St. Lucie County, llorida.
~b ?8!."
Re'e'r1 . "..,~",' . .
_. u __ ~~ ___In po:' .,nl G, ,Jxes due
()n Ci ~ r.' In~;";R b!,; Personal PrQ f ., n'Hsuant to
thapd~r::57:;cts,)\ 10~. ~'
S ta 1!1{ 'il'l%'ti'menLf;;i-~~d
to the original note a nd cancelled.