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HomeMy WebLinkAbout1657 ~o~l 7 207 LO:\N ~O, Sf-l.,742 ST. LUCIE COUNTY, flA. 1..___..__ _._.__.___. FLORIDA MORTGAGE THIS INDENTURE, mad~ this day of Karch IliC. , , A. D 1961 a r10rida Oorporation 20th by :lnll ~tw~~n IllDIANlllVER L1BD ~STKDTS, of th~ County of St. Lucie ,in th~ St~te of Florida Mortgagor, &J\d h~reinalte!::o detipated ll\d M:,CAUGHAN ~{ORTG\GE COMPANY, INC" a (orporation of th~ State of Florida. havinlt its principal ollice in the Oity nf ConI Gabl~, St"t~ of Florida, Morllp"ee. and hereil'after w designated: WIlFRF.-\S the ,,,id Mortltagor i. j..utly indebted to the l.1id Mortga!(ee ir. the principal sum of TEN THOUSAND TWO HUNDRED and 00/100- - - - - - - - _ _ _ _ Dollan. :u evidenced by a certain promiuorr note of even date herewith, the nn,,! p.lyment of which i. du~ on e"e(uteu by the MOrl;(agor ~pril J..,19 81 ;mo delivered to the ~{ortgagee, copy of which i. attached hereto and made a part hM'eof. J FIXED MON1Hl Y PAYM&fT NOTE " , 1"'-- ~1OO.00 __._fW' ....... -- .. Florida, For value re<:ei\'ed, .the undeni~ed ~.ll,. -:..4 -- _JaJJyflili:i~-~i!fi. o~ORTf}AGE ~P,IOO' mC" a Flonda corporatIon, the pnnc.pal sum of · Dol1an ( .I.GO ), with interest thereon from date, payable monthly at the I'&te of __ per cent. per annum; the interest and principal of this note payable in irutalments as follows: Beltinning 0" the 1..-. G;;Y of -~ , 19~ the sum of and the sam~ amount on the pme day of ~ach month th~reafter until the _. ~ day of when the balanc~ of the principal is due and payable. .~_,I~~ Th~ afor~said monthly paym~nu arc to ~ appli~d fint to int~r..st at the rat~ aforesaid due monthly upon the principal sum or 10 much th~r~of as .hall from tim~ to tim~ remain unpaid, and the balance of each monthly payment aha11 be applied on account of principal. This note may be prepaid at any time in whole or in part without p enalN inq&I~,ftr lJil \lI\erVs\' and princip~i are payable at the office of the payee in the City of Coral Gablet, Florida, or at such othu place as the holder hereof mI.)' designate in writinJ(, in iawful money of the United Statet 01 ^meric~, If any of said instalments of interest and principal shall not be paiu when due th~n the entire principal sum and accrued interett sh&ll beccme due and payable at once, at the option of the legal holder of this note. Each maker and endorser waives the right of exemption under the Constitution and lawa of Florida, and ~ach maker and endo~r waives demand, protest and notice of maturity, non-payment or protest ;md all requuementJ necessary to hold each 01 them liahle "s maken and endorsers. It i. further agreed that each mahr and endorser, jointly and severally, shall pay all costs of collection, includins a re&lOn- able attorney's fee, on failure to pay the principal of this note or any interest thereon at maturity, This note and all SumJ due ther~under shall ~ar interest at the rate of ttn (10) per cent. per annum from due date until paid, It i. further al!;reed that each maker and endorser joinily and se..erally hereby cOnJent to any extensions or renew~ls or modifications of this note or any part thereof without no:icc. and each maker and endoncr agrees that he will remain liable as sllch durinl!; any e),tension or renewal or modification hereof until th~ debt represented hereby is fully paid. Thi. note is secured hy mortgage upon real property in be construed accordinlt to the law. of Florida, Florida, and this note is to _,1m. (....) ~t I~t.- trl l" "...,. uaa UII ","~1I By_ Gatdner Cowles President By_ John F. Harding Secretary (SEAL) -\ ~ (~ (SU, :\O\\' TillS I:':OF.:\TL"RE WITNESSETH, that the sai,1 Mortga~or, to !-cHer secure the payment of the principal IUIIl ,ct Ollt in !:lid promi"or". notc, :lnd interest thereon. and in consideration thereof, anJ fur u:h~, .ialuable considerations, has ~r;lntrd. b,lr""ined and .eld and by these presents does grant, baqpin and sell to said Mortgagee and \1'1 its succeuon and aJJi~ 'forc\'~r, all thai cert"in parcel or piece of land Iyinli!; and being in the County of St. Lucio and State of F1or:,h, more particularlv descri~d as: Lot 30 in Blook 15 of South Po~t St. Lucie, Unit 3, according to the Plat thereof as recorded in Plat Book 12, Page 4 of the Public Records of st. Lucie County, 110ridag Re:eived d-{]/~-- h p~yment o! 1~)~S dC1~ on CI'ss "C' In'ang bloc P\lrso:1a! Property pursujrlt to Cha'tera3~FIO~C~ . State do~~~iir~~~~~'~fi~ the original note and cancelled.