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LO:\N NO
gb~k 7 201
~T. LUCIE COUNTY.. F1A
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8!-1.74{)
FLORIDA
MORTGAGE
THIS I~DENTL'RE, mad~ this 20th day of
b)' ano ~tweeil IND IAN RIVER LAND INVE3 TJrmBTS ,
Maroh
IliC ~ ,
, A. D, 19 61
a Ylorida Oorporation
of the Coun!y of St. Luoie ,in the State of Florida MortJagor, and hereinafter 10 desi,na&ed and McCAUGHAN
MOR TGAGE COMPANY, I~C., a (or:x>ration of thf State of Florida, havinl[ iu principal office in the City nl Coral GablM.
Stat~ of Florida, Mortgag~e, and herein~iter JO designated:
WIIFREAS tt,~ said Mortgagor is justly ind~bted to the' nie! Mortga!t~e in the principal JlII!\ of
TEN THOUSAND TWO HUNDRED and 00/100- - - - - - - - - - - - - -
J.S ~vid.nc.d by a certain promiuory note of even date herewith, the fir "I pa~'In.nt of which is due on April 1,
execut.d by the Mortgagor
and delivered to the Mortgagee, copy of which is allach~d hereto and made a part hcrror.
J>ollars.
1981,
1
FOCED MONTHLY 'A YMINT NOn
"
/1
Ij
. 10,200.00 ___.--.l9rt P1.~, Florida,
For value received, the undenigned jeialol) afla _.~,.dIy romu!..to ~y to the 0
~Mr,~~NC. a Florida corpolltion, the principal sum of
( .(0), with inte~st ~erecn from date, payable monthly at the rate of
per annum; the interest and principal oi this note payable in instalmenll as folloWl:
Beginning on the 1.t day of ~ _, 19-.61.... the .urn of
Md the same amount on the same day of each month thereafter t:~tilthe l.t day of
when the balance of the principal i. due and payable,
The aforesaid monthly paymenlJ are to be applied fint to inter!'st at the rate aforesaid due monthly upon the principal sum
or so much thereof as shall from time to time remain unpaid, and the balance oC each monthly payment shall be applied on aceOU:'lt
of principal. This n~te may be prepaid at any time in whole or in part without
p ena~w in?tilmrn.c;seW t~mjt and prin6pal are payable at the offic~ of the payee in the City of Coral Gables, Florida, or
at such other piace as the holder hH~of m..y de,ignate in writin~, in lawful monLY oC the United States of America. If any
of said instalments of interest and princiJ.>al shall not ~ paid when due then the entire principal sum and accrued inteu:st shall
~rome due and payable at once, at the option of the legal holder of this note.
.ardl ao
19....61....
,
MOR.TGA~E
Dollan
per cent,
76.Q9
qril
Do~,
,19~,
Each maker and enoouer waives the right of exemption under the Constitution and aWl of Florida, and each maker and
endorser wai\'es demand, protest and notice oC maturity, non.payment or protest "nd all requiremenll neceasa.-y to hold each of
them liable as makers and endorsers.
It is further aRreed that each mahr and endorser, jointly and severally, shall pay all COlli of collection, including a ~;uo"l'
able altorn!'y's fee, on failure to pay the yrincipal of this note or any interest therecn at maturity. This note and all surns due
thereunder shall b."r interest at the rate of te;: (10) pu cent. per annum from due date until paid.
It is further all;reed that each maker and endorser jointly and ~..erzl1y hereby consent to any extensioIU or renewals or
mooiflc:ltiol's of this note or any part thereof without notice. and each maker :md endoner agrees that he will remain liable as
<lIch durinll; elf,,' ntension or renewal or modification hereof until the debt represented hereby is Cully paid,
This not. is s~cur.d hv morl.lliall;e upon real properly In at... US,.". Ct"l~V Florida,
I... coc"trurd :tll'Ordi,lll; to the laws of Florida, ~ RIYI.R lAID Dilt-.1XIIaB,
~ Bv_ .Gardner Cowles
.. -pre sraent
By JohU F. Hardin~
Secretary
and this note i. to
III:. (SU-L)
(SEAL)
^
It
J
\ -----
-~
~Ai)
(SEAL)
:'\O\\' T/lIS I:'\DFSTl'RE WIT:'\ESSETH, that the laid MortgaRo', to ~ller secure the payment of the principal rum
<<,t Ollt in s:lid promi<.,ory no[~, :lnd in~ere\t thereon, and in con,ideration thereof, and fer other valuable conside;ations, has
I(r.lnt~d, l).lr<:.l;n~d anci sold and b)' these presents does grant, bargain and sell to laid Mortgagee and to its sur~lIOn and auigru
forev!'r, all that certain p:lr< ,lor piece of land Iyinl( and bein!,: in the County of St. Lucie and State of
Flp, :<I:l. mor!' J.>J.rticularly described as:
Lot 25 in Block 15 or South Port St. Lucie,
Unit 3, according to the Plat thereof as
recorjed in Plat Book 12, Page 4 of the
Public Recorda of St. Lucie County, Ylorida.
Rl""rd $ v2L2~1
,': ' ,.-- I.~ ~ ) ,-nero! ot taxes due
or l-l ....:::; "','-n ,
" . C In U'f, Ie Persor,a: he; ~:ty pursuant to
C,",." 2~~ l"" 0/ ""t.:'''' 0/ 1941.
~~~~~
State documentary Bt~fixed to the original note and oancelled.
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