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HomeMy WebLinkAbout1663 LO:\N NO. I~i 21.3 7 ,S!_ LUCIE CDUNn, rLA. 8!-1,744 FLORIDA MORTGAGE ., ~ THIS I:-lDENTt.:RE. made this 20th Karoh INO., . " j {. -. . , I florid. . A, D. 19 61 Oorporat1oll day of by .1n'\ between IBDIAlf RIVER LAND IliVESTKElTS, of the County of st. Luc i8 ' in the State of Florida Mortgallor. IU\d hereinafter 10 desi<<Jlated and McCAUGHAN ~{ORTGA.GE COMPr\~Y, I~C" a <orporation of th~ State of F1onda, h:winl{ ill principal office in the City nf Coral Gaelps. Stlt~ of Florida, Mortgag~c, and htreinafter 10 desigruted: WIIFRL\S th~ said Mortgagor is justly indebted to th(' ",id Mortgagee in the principal mm of TEN THOUSAND TWO HUNDRED and 00/100- - - - - - - - - Dollars. :u evidenced by a certain promiuory note of e"en date herewith, the final p.'yment of which is due on exec,'ted by the Mort~agor and drlivued to the Mortgagee, copy of which il attached hereto ane made a part ht'feof. April 1, 1981, j FIXED MONTHLY PAYMENT NOlI , , 19-'1... MORTGAGE Dol1an per cent. ... $ lO~200.00 __,_~ M_r-, Florida, r For va.lue re<eived, !he undenigned ';':..t1, .."d __ _...uy promiJe, to pay to the order of ~1&~r-:n.:,- ~:08" a Florida corporation, the principal .wn of (200 _), with interett thereon from date. payable monthly at the rate of per annum; the interest and principal of thi. note payable in inatalmenu as foilowJ: lkginning on the 1at. day of MIQ'. 19_ 61.. the sut.n of and the same amount on the same day of each month thereafter until the _ ~ day of when the balance of the principal i. due and payable. The aforesaid monthly paymentl are to ~ applied fint to interrst at the rate aforesaid due monthlf upon the principal !um or so much thereof as Ihall from time t') time remain unpaid, and the balance of each monthly payment aha1l be applied on account of principal. This note may be prepald at any time ill whole or in part without penak~inREmRr.eJPMtms\ and pr:ncipal are payable at the office of the payee in the City of Coral Gables, Florida, or at luch other place as the holder hereof may designate in writin!t. in lawful money of the United States of America. If any of said instalmenlJ of interest and principal shall not be paid when due then the entire principal .um and acc~ed intere.t ahall ~come due and payable at once, at the option of the legal holder of thi. note. ....If m 16.09 _111. Doii' .19 . F.ach ma.ker and endorser wai.'es the right of exemption under the Constitution and laWl of Florida, and each maker and endorser wai,'es oemand. protelt and notice of maturity, non.payment or protest and all nquiremenu neceuary to h"ld each ..,r them liable as makers and endoners, It is further agreed that each maker and endorser, jointly and severally, .h;.\l pay all cosa of collection, including a ru.aon- able altomey's fee, on failure to pay the principal of thi. note or any intereat thereon at maturity. Thil note and all .UIIU due thereunder ,hall bt-ar interest at the rate of ten (10) per cent. per annum from due date until paid. J It is further al(reed that each maker and endorser jointly and se.oerally hereby consent to any extenaion. or renewala or modifir:llior., of this note or any part thereof without notice. and each maker and endoner agnea that he will remain liable as ,"ch dllring "n)' e"temion or renewal or modification hereof unt:! the debt represented hereby i. Cully paid, "- Thi. note i. "'cllred hy mortgage upon real property in at.. fJlu!t. ('..-~ Florida, and thi. note i.~ he rO:Htru~d ~crord;nl( to the laws of Florida. ~. m.il1.AlD .urt'_15 ~, :tIC. (IIAL) (S>>1d:) By Gardne.r Cowl.r.s ~ FreB 1<1 en't (~ By John F. Hardini Secretary , I \ \ \ (SEAL) (SEAL) ~OW THlS I~DFSTl'RE WIT~ESSETH, that the sa;d Mortgal(or, to better secure the payment of the principalauffi ,et Ollt ;n nid promi<Jory notr. ;lT1r] intere.t thereon. and in con,ideration thereof, and for other valuable conaiderationa, haa granted. h.Hc::\inrd and sold ;lnd by the,e presents does grant, baqpin and ,ell to said Mortgagee and to its IUCCeuors and auigna forevrr, all that cert~in p~rcel or piece of land Iyinl( and being in the Countv of St. Lucie and State of F1o.,rh. more p~rticularly descri~d as: Lot 32 in Blook 15 of South Port St. Lucie, Unit 3. according to the Plat thereof as recorded in Plat Book 12, Page 4 of t~e Public Recorda of St. Lucie County, rlorida. Re:€", G ".-20.J./0 la ' ' :' '~5 due on (;. = '.~' 1'1 ", b:" Pel501a: ('., (:'1 rUSLiant to C'u,." -'2::-X'lli'~~ ~ -li'( colli..lar, Sl. Lucie Ccunty icrid~ -- State documentary stamps affixed to th! original note and oancelled.