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LO.~N NO.
ST. llJCff (Ol'Nn, FL A.
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FLOR1DA
MORTGAGE
liar ch
IllV.E3TMENT5 t, IHC. t
, A D 1961
a Florida Corporatiou
THIS INDENTURE, made this 20th
by and between IBDllH RIVER LAND
of the County of St. Lucie ' in the State of Florida ~{ortgag~r, and herein..Iter 10 desIgnated and McCAl'GH:\N
MORTGAGE COMPANY, !NC.. a corporat;on of the State of florIda, h;wlOlt its principal office in th~ City of C.oral G:\hl..
Stat~ of Florida. Mortgagee, and hereinafter 10 designated:
WHF,REAS the uic\ Mortgagor i. justly indebted to th(' nic\ Mortgal{ee ill th~ ~rincipal ",m or
TEl !HOUSABD TiO HUNDRED and 00/100- - - - - - - - - -
3.J evidenced by a ~rtain promiuory note of even date herewith, the nO:\I p.lyment 01 which is due cn
executed by the Mortgagor
and delivered to the Mortgagee, copy of whi~h is attached hereto and mOlde a pMt hereor
day of
Dolla. s,
April 1, 19 81
!
[
IIIXID MONTHlY PAYMENT NOli
March 10 19.-6l.-
,
, 1O,tIftft..m
~ pi.~, Florida,
s
to pay to the order of
MORTGAGE
___ DoUan
per cent,
For value received, the undenianed j..II} ...a .. ...all}
COMPANY, INC., a Florida corporation, the principal twn of
<, 18, ~.- ), V:'ith interest thereon from date, payable monthly at the rate of
per annum; the interett and prindpal of thiJ note payable in iruwrnentJ u follOW1:
Beginning on the 1.n day of .... ' 19-A the turn of
and the ..me amount on the ..me day of each month thereafter until the __ ~t day of
when the balance of the principal i. due and payable.
76.09
~rU
D~lan,
,19~,
The do~ monthly paymenu are to be applied nnt to inter~'t at the rate ..Ioreaaid due monthly upor the principal .um
or 10 much thereof II ahall from time to time remain unllaid, and the balance of each monthly payment shall be applied on account
01 principal. This note may be prepaid a.t any time in whole or in part without
penal~ g.fatJ?e~~Itli~Ule.t and princip~1 are pay~ble at the office of the pay~ in the City of Cor~1 Gables, Florida, or
at tuch other place as the holder hereof may de.ignate in writin!(, in lawful money of the Unitr-d St:ates of America. If any
of said imtalmenu of intere.t ~nd principal .hall not be paid when due then the entire principal turn and accrued interest .h~1
become due and payable at once, at the option of the legal holder of this note.
Each maker and endorser waives the right oj exemption under the Constitution and law. of Florida, a'ld each maker and
endoner waivt'l demand, protest and not:ce of maturit)" non'paymen~ or protest and all requiremenU neceuary to hold each of
them liable II maken and endorsen.
It is further ~ that each maker and endoiier, jointly and lever~lly, shall pay all cosU of collection, including a reouon-
able attorney'. fee, on f.i1ure to pay the principal of thiJ note or any interest thereon at maturity. This note and all .urns due
thereunder ahan bear interest at the rate of ten (l 0) per cent. per annum from due date until paid,
I ,It, i. further. agreed that each mak~r and, endorser jointly and .e.'erally hereby consent to any extensi~ns or ~ene:-",als or
nxxilficatJon. of thl' note or any part thereof Without notice, and each maker and endoner agree. that he WlII remaan hable as
such during any exten.ion or renewal c: modification heleof until the debt reprew:nted hereby i. fully paid.
This note is sccured by mortgage upon real property in h. laid. 00___ ~Florida. and this note is to
U r.onstrued accordinl{ tQ the laws of Florida, ~Q 1IYD UD mI&~, IE. (~)
~ By -..Gardner Cowles (SEAL)
Pree1aeI'l't
~ By Jobn F. l1Al"C: i ng (SEAL)
Secre'tary
i
-. l.- .C"~'fO';"~ ~l"tlllt lftU6PtlU.... "&.lnD006I~ ..-, __ ...... -.ur1ll4"l. w ....... """U-I'IO' .....-; .....,.......... va .....e ""t..~.J."&& a\.&J"
aet O\lt in said prorniuory note, and interest thereoll, and iil comideration thereof, and for other valuable considerations, hu
granted, bargained and IOld and by these prew:nu does grant, bargain and sell to said Mortgagee and to iu .ucceuor. and assigns
forever, all that certain parcel or piece of land lying and beins in the County of St. Lucie and State of
Florida, r.1O", part.icalarlr delCtibed as:
Lot 23 1n B100k 15 of South Port St. Lucia,
Unit 3, acoording ~o ih. Plat thereof as
reoorded 1n Plat Book 12, Page 4 of the
Pub11e Reoorda 9f St. Luoie Oount1, Ylorida.
Rece;ycd t-:?/') / / -. in p:yment 01 taxes due
on Ci s '~C:-:~sonai Pro;c 'Y pursuant to
Chap.er 20 24, Laws 01 Hor a. Acts of 1941.
<-
to the original not. and cancelled.
State
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DIV"', ~'..I