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LOAN NO.
Ib~i
219
7
ST. llJCI[ COUNTY. fj..A,
FLORIDA MORTGAGE
8!-1,746
THIS I:'\DENTlJRE, madr thil
day of
, A. D, 19 61
a 110rida Oor~aration
II.ar ch
20th
by :lnll brtwr~n INDIAN RIVER aND IBVESTMENTS. IBO..
of th~ County of St. Lucie . in the State of Florida Mortgagor, and hereinafter 10 desi<<nated and McCAUGH.-\N
~{ORTG'\GF. COMI''\:><Y, I:'\C" a 'C'fporation of th~ State of Florid,\. h.winlf ita principal office in th~ City of Coral Gahlrl.
St~t.. of Florida, Mort'lal(ec, and hereinaft~r 10 d~lignat~d:
WIIFR:.'\S th.. ,~id Mortf(a((or i, jUltly ind~htrd to tl-le uici Mnrtl'ial(~e in thr principal 11Im of
TEN THOUSAND TWO HUNDRED and 00/100- - - - - - - - - - - - - - Dollars,
:,. e\'id~need by a e~rt~in promilJOl'y note of e\'~n date herewith, th~ fin'll p.wlIlent of w~ch il dur on April 1, 1981.
~"..cut{'d by the Mortf(af(or
and delinreci to th.. ~{.,rt~al(re, copy of which il attached hereto .1nd made a part hereof.
J
"
fIIXID MONrMlY MYMBIT NOlI
$
to, 800.00
__---'-' ~, Florida, ...... a. 19...61-
For value received, the undenirned j.ilul} 4>..41 _._. ~ to pay tp ~ ~~ol McCAUWcaTOAOE
?Oyo.~ ICJB" a Florida corporation, the principallUlll of ~--~ __ _~ .. DoUan
l $ I. ), with interelt thereon from ciate, payaWe monthly at the rate 01 I*' .-:eot.
per annum; the ilHerest and principal of thil note poayable in inst&lmenu u foUowa: .
Beginning on th~ 1n day of .., , 19 Q. the IWD of ~.Of ~
and the aa~ amount on the lame day of each month thereAfter until the _ ~ day of ,-,Pll , 19~:
when th~ balanc~ of the principal iJ due and payable.
Thr aforeaaid monthly payments are to be applied fint to interrst at the rate aforesaid due moatWy upon the principal lum
or 10 much thereof iU ahall from time to time remain u!lijAid. and the ba~ce of e~eh mqnthlY payment aba11 be wp1ied. pn KCOunt
of principaL This note may be prepaLd at any tlme 111 wnole or 111 part wltnout
pen~~~ru9t~eJ?.r!ftn\~Jn 'and princi~1 an payable at the office of the payee in the City 01 CIural o.h&et, Florida, 01'
at .ueh other place u the holder hereof may d~gnate in writing, in lawful money of the United 8ata of America. If any
of aaicl instalmentJ of interelt and principal Ih."U not be paid when due then the entire principal Iwn aDd aec:roed interest aLall
become due and payable at once, at the option of the legal holder of this note.
Each ma!.er and endoNer waives :he right t'f exemption under the Corutitution and lawa of Florida, and each maker and
endo~r waivt's drmand, protest and notice or mAturity, non-payment or protnt llnd :ill requirementl ~ to b<*I each of
thrm liable al makers and endoners.
It is furthn a((reed that each maker and endorser, jointly and aev~ral1y, Jball pay all coaU of coUecUon, inc1udinl a reaaon-
able allornry's fet. on failurr to pay the principal of thia note or any interelt thereon at maturity. 'I'hU DOte and all IUIJIf due
thereundrr Ihall bear interr,t at the rate of ten (10) per cent. JXr annum from due date until paid.
l! il further al(rrrd that each .-nUer and endoNer jointly and ae..erally hereby eOnleDt to any enenaiona 01' ren-.la 01'
!Th."ldifieatiol'll of thil nole or any part thereof withoul notice. and each maker and endorser ~ that he will remain liable &I
<lIeh durin!!; any extemiol1 or rt'newal or .nOOi5cation hereof until the debt repreJlentt;d hereby iA fully paiu.
J Thil nole is .{'cured hy mortKa((e upon
b.- onllrueci "cro,din~ to the lawl of Florida,
real prop<-rty In
...::; ;U;; ~ l.,..,~Flori~,an~:~
By _ Gardner Cowles (SEAL)"
Pres1aeI:lt
By John"'. Harding (SR.'>!.)
S~cretar:r
\
~
(~
"OW TillS I\'OFSTI'RF. WIT"ESSF.TH, that the laid Mort!l;al1or, t? better lecure the payment of the principal sum
".t Ollt in "iel proni"or)' not", :llld in!rre,t ther~on, and in con<teleration thcr('of, and (or other valu3ble o>nliderations, hu
"r.lnln!. 1>.1,,:.1:,,001 and soleI :lIld by the,e prl'sen15 dOl'I grant, oarg'lin and ,ell to l3id 1>{ortgdl'iee and to its lurcrssol'l and assign.
f",l'wr. ,Ill thlt ecruin p~"d or piecc of land Ifinl; and bein!( in the Coun"- of St. Luci e and State of
1'1",:;\.1 "H'rr p.lI'tieularly delcribed as:
Lot 34 in Block 15 of South Port St. Lucie,
Unit 3, according to the Plat thereof as
recorded in Plat Book 12, Page 4 of the
/j () ,/ Q il,:~p~~~sll~ords of St. Lucie County, lPlorida.
~e'r ,A, s~~ l Lf' n ,,' a ~)lo\.-ei\" p'Jrsuant to
. t ef :)0\)1, _.
on '-" , '..( , ,_ c\ r:or:)1JAct<; 01 ~'t 1-
, t L1t4.) J ,
Chap',er ~:{,-'- _U. r . ~ '--, ...~
~-;--.' Ccu 'I florid a
- 13( Colle,;\ef, St, LUcie . =--------
St~te documentary stamps affixed to the original note and oancelled.