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) T. LUCiE COUNTY, fL A.
ST-l,745
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FLORIDA
MORTGAGE
THIS INDE:NTURE, mAdt this 20th da\ of
by :md betwetn IlunAN RIVER LAND INVESTMENTS,
Karch . A D 1961
INC., a Florida Corporation
of th., County of S t '. Luc ie ' in tht State of Florida MOrlga~or, a..nd hereinafter 10 designAte<! and McGA l'GlIAN
MORTGAGE COMPANY, I~C,. a corporation of the State of Florida. h;wino: ils principal office in the City "f Coral Gable.
State of Florida, Mortgagee. and hereinafter 10 designated:
W}L'.RI:~,S the said Mortgagor ;s justly i~debted to the nirlMqrt!:3l(ee in the principal ,"m of
,
TEN THOUSAND TWO HUNDRED and 00/100- - - - - - - - -
110lL".
April 1,
19 81
as evidenced by a certain prorniuory note of e\'en date herewith, the final p,1Yll1ent of which i. due on
executed by the Mortgagor
and delivere<! to the Mortgagee, copy .)f which i. attached hereto and made a part hertof,
~
[
. 10 ,iOO.OO I'art ~. ~ Jo Florida, March 20 . 19.--6.l.
'01' vaiue receiwd. the UDdenipe-J jl' II, .boA .. ...,. ~~to pay to the order of McCA~UGNORTGAGP..
CONP~INC,. a FIor-k!a corporation. the principal.um of ~l.-" rr.o WlrnA....... ..__~ · Dollan
(t 1.Q,,_.00 ). with in~ theff.;)Q from date. payable monthly at the rate of per cent,
per annum; the interelt ud princi,.1 01 thU note payabW in illlU.lments as foUowa:
JecimWsI OIl the 1a'\ day of ~~ ~ 19-'1.... the I\l11l of
and the _ at.own OIl the same day of each month th~alter until the 1at. day of
when the balance of tbe pri'Kipal if d_ and payable,
IIIXID MONTHLY 'AYMINT NOTI
76.Q9 Dol1an,
..v.1 __,19....81.-.
The uoreu.id IDODthly payments are to be applied fiN( to interest at the rate aIoret&id due monthly upon the principal sum
or 10 much thereoI N IhAU from time to time remain unpaid. and the balance cl each monthly payment ab.a1l be applied on account
of priDcip.t. This note may be (Jrepaid at any time in whole or in part without
penaltv.~reIrJu.m ,
~ t .11 0( 1D~.::.l and pnncipal an payable at the oiIice of the payee in the City of Coral Gables, Florida, or
at IUC!l other place u the ~ hereof may deaipate in writin<<. in lAwful money of the United Stale. of America. If any
of ~ IJutahaenta of intereat a.Dd principal .hali not be paid when due then the entire principal.urn and accrued intel'f'lt Ihall
~ due and payable at once. at the optiOD 01 the Iep1 hokler 01 thif note.
Each maker Md ~ wai~ the npt of eumption under the Cotutitution and laWl of Florida, and eaU maker and
eIldona- waiva demud, pi'Ou.t and notice of oaturity, non-payment or proteat Rnd all requirements neceMllJ'1 to hold each of
them liabW as ma!.en ud endonIn.
~
It if further aaretd that each maker and endoner. jointly and leVerally, shall pay all COfU of collection, indudins a re.uon.
able attorney', fu, {Il1 failure to pay the principal of thia note or any intereat thereon at maturity. This note and all IUml due
thereunder ahaI1 hew mterelt at the rate 01 ten (10) per cent. pu annum from due date until paid.
It if further apeed that each maker ud endoner jointly and aewrallr hereby COoreDt to any exterWotU or renewals or
modificatiooa 0( thia rwte ()~ any part w.reo( without notice, and each maker and endoner -.rees that he will remain liable as
aucb durina any exteruion .>r renewal or modiical.ion hereof until the debt repreaented hereby is fully paid,
ThiJ nota is ac:c:ured by monaace upon real property in n. Ii-i. CQl~ Florida, and thia note il to
be r.onatrued accordin<< to the IAWI of Florida. ~", BIfD LAID ....1a'B...a., IE. (BIAI.)
(~) Dv Gardn~r ~owle8
.,-- "-1'fe8"1den't (SEAL)
~ By- Jol;ln 11. Hnrd1.ni (SEAL)
Secre'tary
I
NOW THIS INDENTURE WITNeSSETH, that the aaid Mor~gagor, to better Jecure the payment of the principal rum
Jet out in said promiuory note, and interest thereon, and in eomideration ther"or, and ror other valu:\b1e considerations. has
sranted, b3l'ltllined and IOld and ~ !beie pre~n~ does gra~t, ~argain and sell to laid ~ortgagee and to iu luccellOrs and assigns
forever, all that certain parcel or piece of land lymg and bemg m the County of .::It. Lucie and State of
Florida, more particularly deacribed as:
Lot " in Blook 15 of South Port St. Lu~ie,
Unit 3, aooording to the Plat thereof as
recorded in Plat Book 12, Page 4 of the
Publio Records of St. Luoie County, Ylorida.
, J.9.'/1:> in P~)r.':~'
~~"1''ve4 ~ . \ll " ,~5Qna' PIO~(:
fn ells C . <> Floc" Acts 01
(.t;apter '1.9f" i..a~:.t--. .' '
(,) . .A. ~.J . Florida _
la'( eouectoJ. SL ..---
State 40cuaantary ataap. affixed to the original note and canoelled.
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