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228
LO.\I'o/ NO,
ST, LUC[ CO~~n rlA.
ST-1,749
FLORIDA MORTGAGE
THIS INDENTURE, made this 20~h day of ,,)larch , A, D 19 61
by and between DrnI.A.ll RIVER LAN!) IBVESTMENTS, lie., a 110rida Corporation
of the County 01 at. Lucie . in the State of Florida. Mortll;l.~Or, and huei~after 10 d~signated .and McCAUGHAN
MORTGAGE COMPANY, I~C" a ,orpora.tion of the State of Florida. h:\\"inll: iu prin"lpal office III the (:ttv of Cor:\1 Gahl~,
State of F~orida, Mortg:lgee. and hereinafter 50 designated:
WHFRE,...S the s~id MO.lI~agor is justly indebted to th~ "iel Mortg'''/e~ in the principal '"m of
THIRTEEN THOUSAND THREE HUBDRED :rIFTY and 00/100- - -
-0011.1..
as evidenced by a certain promillOry note of even date herewith, the fin:\1 p:\Ylllent of which i, due on
executed by the Mortgagor
and deli\crcd to the Mortgagee, coPY of which is altache~ hereto and made a. part h~reor
April 1, \'181,
I
,~
f 13,90.00 Jon ftu'w. Florida, IllaPl'tlt 2n , 19~
For value received, the tsodenip<<l ieiM1J a....4 _._~to RlY to the or'Ikr of :~CAGHAN MORTGAGE
COV&AW)'", ~., a Florida corporation, the principal lum ~---- 'Da.I'ee_ _ ~ DoUan
(f ~~I~~. ), witll interat thereoo from date, payable monthly at the rate 01 ___' per cent.
per __\lID; tM iD.... ud principal of thU note payable ill iwal.......ta &I foUowt:
'Betinninl Oft the 1ft day el - --0 IS-..~ the lum - of 22..59
and tile ..me IUDOWlt 00 the ..- day 01 each month therufter until the _ I.R . day of _ AiPrU
when the balance 01 the principal it d!Je aod payal>>e.
PIXID MONTHLY 'AYMINT NOTI
...
DoJan,
,19~.
The aforeaaid _thly paymenU are to be applied tint to interen at the rate aforesaid due monthly upon the principal lum
or 10 lDuch thereof .. Iball from time to time remsin UA(lAjd, aod the balance of each monthly payment ..'WI be applied on account
of priacipal. This note may be prepald at any tlrne in whole or in part withQut
penalS ~1,J?r~W-~reit and principal are payable at the ol!ke of the payee in the City of CorsI Gables, Florida, or
at aueh o&her pbc:a .. tile holder he.~f may deaipate in writin.. in lawful money of the United States of America. If ar.y
of aaid iwtaImeftta 01 iJlte1'ett and priMipal ahall not be paid when due then the entire principal 'UID aod accrued interest ahall
become d\M aDd' payable at oace, at 1M option 01 the &epl bokicr 01 thit note.
Each ma.ke1' aod eftdonu waivea the npt of exem:nioa UAder the Conatitul1on and laws of Florid.., and each maker and
endoner wa1vea d~1D&Dd, protest and notice 01 maturity, non.payment 01' protest and all requirementa neceaaary to hold each of
thelD liable u maken and endonen.
It it further qreccl tIlat eacll maker and eDdoner, joUltly aod levwraliy, Ihall pay all C<lRI of coUection, indudi.'\f a reason-
able attorney'l fee. on iailure to pay the principal of thia note t)r any iroterelt thereon at maturit}-. Thil note and all Iuma due
the~er ahaD bear interett at the rate 01 teft (10) per ~nt. per annum from due date UAtil paid.
It is further apwd that each maker aod eftdonu jointly and te'.-erally hereby COnICIlt to any extenaiolU or renewau or
modifications of this not;! or any pan thereof witboi.lt notice. and each maker and endoner apeea that he will remain liable as
luch durin, any ntension or renewal or modification hereof until the debt repraented hereby it fully paid.
This note i. ICCUred by mort<<&JC upon real p;'Operty in ft. l;Iac1e Coura._ Florida, and thil note il to
be oo;uuued accordi~ to the laws of FloridL ~~, a...""'i& UID .Ilt'_~i3, lE. (8AL)
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By_ GariReatCow1es
.pres e
By _ John I. llardinF.
Secretary
( SEAL)
(SUIJ)
NOW THIS I~DENTUF.E WIThESSETH, that the laid Mortgagor, to better secure the payment of the principal IUm
set out in laid promissory note, and intere!t thereon, ar.d in comideration thereof, and for other valuable considerations, has
granted, baJ'Rained and sold and by these preset\u does grant, bargain and sell to laid Mortgagee and to its I\l('ceuors and assigns
forever, all that certAin parcd or piece of land lyinl!" and being in the County of St. Lucie and State of
Florida, more particularly described as:
Lot 35 in Blook 15 of South Port St. Lucie,
Unit 3, aocording to the Plat thdreof as
reoorded in Plat Eook 12, Page 4 of the
Publio B.eoords of S't. Lucie Oounty, fJ.orida.
Ikeivtd ~~D in pzyment of ta>;es d~e
r Cllss" II':: ble Personal Property j>U1suant .0
\.i.apttr ~idI1t of 1.
Tu CoI\edDf, i"t lucie ~.
State toouaent&rJ .t~1x.d to the o~iginal note ,and canoelled.