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HomeMy WebLinkAbout1672 o.~: 80a~ 7 222 W:\N NO ST. LUCIE COUNTY. fLA. ST-l,747 FLORIDA MORTGAGE THiS INDENTCRE, made this 20th da\' ~ Karch ' A, D 19 61 by :l.nd ~tween IllDLUf RIVER LUrn INVESTMENTS, INC., a Florida Corporation of-the County or St. Lucie . in the State or Florida Mortgagor, and hereinafter 10 designated arad M,'CAl'GHAN MORTG,"GE COMPANY, INC" a corporation or the State bf Florida. h:\\'in~ ill principal office ill the City (,f Coral C,lhl" State of Florida, Mort&a~e, and hereinafter w designated: I' WIIFRE,"S the said Mortgagor il juuly indebted to the ",iri Mortllal(el" in the principal ,"m of TEB THOUSA.ND TWO HUNDRED and 00/100- - - - - - - - - - - - - - 1>011.11\ as evidenced by a certain promWory note of even date herewith, the fin,l p,wlIlent or which is due on April 1, III 81. executed by the Mortgagor and delivered to the MorUuec. COpy of wbith iJ atuched hereto and ITh\de a part hereof I PIXID MONTHLY'" YMINT NOTI '" . 10,"'00 Jerl 1Ii___. F!orida, .~_ fiIg ,19-,*- FOI' value recei\OWci. the UDdet~ Mo-tl1 _.d _. ...a., ~to pay to the oNer or McCAUGHAN MORTGAGE COJq~I1i<;', a Florida corpontion, the principal 1\1111 01 ~;.-_.. ~ .......~. O4)/UJOr ..DoUan ($ 4U~ ), widl mterest thereon from date, payable IDODtIlly at the rate of," per cent, peT anaum; die mteftR aad principal 01 thiI note payable m inatalments as foUowt: Icti~ - the 1A day 01 -.. __, 19___ the IWI'I of and the aame UDO\lnt _ the lAme day of eac:h month thereafter until the _ ~_ day of when the ba1aaca of the principal it cl~ and payable. 16. 'l9 _ril Dollan, . 19-81.., The aforaaid JnOIlth}y paymenta are to be applied lint to inteN'1t t.I the rate afore~!d due monthly upon the principal sum or 10 much t:heNoI &I sbaU from time to time remain unpajd, and the balance of each monthly payment ahall be applied on account 01 priDcipa1. This note may be prepalQ at any time in whole or in part without penaMr ~teclP&~m_ and principal are payable at the ol&c.e or the payee in the City of Coral Gablea, Florida, or at NCh otMr place u die holder bereol may. dai<<nate in writinlf, in !awful money of the United Statel of America. If any 01 lAid ioata1menta 01 inten:lt and principal lbaU not be paid when due then the entire principalwm and accrued interest ahall become due and payable at once, at the option 01 the lepl bokler of thiJ note, !each make, and eftdoner waiva the rilht 01 eur::j:t== under the Corutitution and !aWl of Florida, and eac:h maker and endonel' waivf't ~, proien L'Mi notice of maturity, non-payment or protti! And all requirements neceaaary to hold cach or them liable u maken and endcnen. It it furt.he,. ~ that each maker and mdoner, jointly and teVerally, ahall pay all cosu of collection, includinl a re&lOn- able attorney'. fee, on failun to pay the principal of thiI note or any interest thereon at maturi:y. This note and aU IUrns due thereunder abaD bear interest at the rate 01 ten (10) per cent. per annum from due date until paid. /; It is further arreed that each maker and endol'ler jointly and te.-eral!y hereby corueut to any exterWons or renewals or 'ficati<<u of thia note or any part thereo! without notice. and each maker and endoner ap-eel that he will renaln liable as neh durins any extension or renewal or modi6cation bereoI until the debt repraented hereby iJ fully paid. Thi. note is .secured by. mortIalC u~real property in .ft.~... C'--" .Florida, and thil not~ be r.onstr.sed acconhnlr to the lAWI of Flonda. 'IIIIn". IXJa ... II~. -... z. (SIAL) . ~) ~-- By l' GH~_~l.lS res By Jo~ F. Harding .Secre ary (SEAL) (SEAL) ~ -..... '...~. ."""',,"- --' .--' .-." --~.--.. '-" NOW THIS INDENTURE WITNESSETH, that the laid Mortgagor, to better ~cure the payment or the principal aum set out in aaid promiYOry note, :\Od interest thereon, and in comideration thereof, and for other valuable conJiderationJ. has granted, b.ullained and sold and by th<<e presents d~s grant, bacgain and sell to said Mortgagee and to its IUCCel101'I and :u.aigns f?rever. all that certAin parcel or piece of land lying and being in the Counry of St. Lucie and State .of Florida, more particularly described as: L~t 35 in Blook ~5 of South Port St. Lucie, Unit " ~ooord1ng to the Plat thereof as reoorded in Plat ~ook 12, Page 4 of the Publio B.eoords ot St. LuoieOount;y, l'lorida. R ~ . -~ r.L J#} tJ, I / (') in poymeftt 01 tax" dot < e\.e'v~'U .....~~, '::f:J aas "C' Intangible Personal Proiltrty purwem to ~p\" (l~. ..A<U ofA41 11} Collect01'. Sl Lwelt ou D~t. 4oouaen~ to the original note and cancellad.