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LO:\N NO
ib~i'
225
7
ST. LUCIE COUNTY, FlA.
8!-1,748
FLORIDA
MoRTGAGE
TillS I:'\DJ::;.iTURE. .....ad~ thi. 20th day of
by .Ind betwe~n INDIAN RIVER UND IBVES'IKENTS,
Karch ,A. D. 1961
INC., a ~lorida Oorporation
of the Counly of st. Lucie . in the State of Florida Mortgagor, and hereinafter 10 designated and McCAUGHAN
~{ORTGAGF. CO~{PANY. I:'\C" a (orporation of the State of Florida. h;wintt itl princip~ office in lh~ City nf Coral Gablet,
Sut.> (If Florida, Mortgag~e. and her~i"after s.o deiignat~d:
WIIFRE,-\S th~ .aid Mortgagor i. jmtly ind~bted to the nici Mortgae:~e in tl-e prindpal .lIm of
Thirteeu Thousand Three Hundred lifty and 00/100- - -
- - - - Dollars,
,H e\'idence<i by a certain promissory note of even dale herewitlr; the final p:l\'lI1en! of which i. due on
e"ecuted b\' the ~{.)I'tl(agor
.md deli\'ercrl to the ~{Grtgagee. coPy of which is attached hereto ;md made a part hereof.
April 1, 19 81
J
FIXED MONTHLY 'A YMINT NOTI
....... .10 ~
For value received, the undeni~ed jliuly &Ill ~.~...dly ~ to pay to the otder of McCAUGHAN WOa.TOAOE
COMP....~Y. INC,. a Florida corporation, the principal lum of "'.-t111lL .1"'~" ""'M~. ... JU!tirDoUan
($ 13,~50-~ ), with inlerett thereon from date, payable monthly at the rate 01 per cent.
per annum; the interest and principal of thiJ note payable in inatalmenta .. fo!lowl:
Beginning on the lat day of ~~ ~ ~ the IWD of
and the lame ..mount on t:,e lame day of each month there ter until the _ day of
whe' the bAlance of the principal iJ due and payable,
$ 13,350.00
hrta >>t -- ,Florida,
.:I."
Dollan,
, 19-&-,
The :lforeuid monthly paymenu are to be "Wlied lint to ihterest at the rate aforesaid due monthly upon the principal aum
or so much thereof as shall from time to time remain unw.id, anc the bA\ance of each f\)On~ paymept ab.a1I be appUe4 on account
of princip~, This ncte may be prepaiCi at any tune in wnole or in part without
penalty or premium.
All' initalm~nts of interelt and principal are payable at the office of the payee in the City of Coral Gab&eI, Florida, or
at lucn other place &I the holder hereof may designa.,e in writinl. in lawful money of the United &tatea 01 America. Ir any
of said instalmtnts of intereu and principal thall not be paid when due then the entire principallUJD and accrued hlt"rat aha}}
become due and payable at once, at the option of the lelal holder of thiJ note.
Each maker and endoCler waives the right of eumption under the Constitution and law. <of Florida, and ear..h maker aDd
e...do!Rr waives demand, protest and notice of maturity, non-payment or protest and all requiremenu Dece8IUy to hold each 'll
them liable 3.J mahn and en:lonen.
It is further al!"reed that ea;:h maker and endoner. jointly and aeverally, ahall pay a}} COItI of coDectiort, inc:lllCiiq a reuon.
able attorney', fee. on failure to pay the princif)al of thit note or any inte~t thereon at maturity. Thia note and .u mms due
thereund~r shall bear interest at the rate of ten (10) pn cent, per annum from nue dale until paid.
It i, further :ll(reed that each maker and endoner jointly and ae.-erally hereby conacllt to &Il1 ~ or renew-" or
mo<lifiratiom of this note or any part thereof without notice. and uch maia and endoner ap-ea that he will remain liable &I
<IIch durinll: ar.y' ~xtension or renewal or modification hereof until the debt repreJented hereby iJ f:illy paid.
Thi. note is "cured hy mortgage upon real property in M. lrnJU C~ . Florida, and thiJ note it to
bt- rmalmed accordine: to the 1"W1 of Fl0rida, ~AIf Jl1VD UD ..,__J _. 1iC. (BML)
~r- -
~
~
By
By
_~rollA8
preerQent
.fohn II. HA:rdini
Secretary
(SEAL) "
(SEAL)
~o\\" THIS I~DFSTCRE WIT~ESSETH, that lhe laid Mortgal(or. to better aecure the payment of the principallU!n
,ct Ollt in !:lid prnmi"ory not". :lI'Id intereH thereon. and in comideration thel'(of, and (or other valuable considerations, hu
I{r~nt('d. tnr~ain('d and s(lId :m<l by these pre,ents does grant, bargain and ,,,lito laid Mortgagee and to its IUCCeJlOrs and auigns
for('\'rr. all th:lI artain p:HccI or piece of land lying and being in the County of St. Lucie and State of
FIc.,;rl~, n1"re p,1rticu:ar!y described a"
Lot 26 in Block 15 of South Port St. Lucie,
Uni t 3, according .~o the Plat thereof as
recorded in r1a~ Book 12, Page 4 of the
~ Publi~ Re~ords of St. Lucie Count~, ~lorida
~ -~,../? 7//). ~1' ~ 0' " n- due
R(:}-,-, ".'1 ;,' _~Y ~__ _,-",,' _ III ;'-.';1 ~.jl ' ~ ,\,;:)
l v' j 'C' '; ~-,;: ~,,; Personal Propel:, p::rsuant to
(:.haplH iiJ. fl. LJI'" (if F.iorlda.\.ACIS of ~l. .
~rll C~
--ia:;-Coilector. St. LUCie C(;u:ll ,FlofldaA--. _.
State documentary stamp~f~xed to the original note and cancelled.