HomeMy WebLinkAbout1686
O.R,
aOGI
7
236
LO,..N NO.
ST.iUCIE COUNTY. FlA.
ST-l,724
... - .....--.-..... .
FLORIDA
MORTGAGE
THIS INDENTURE, made this 20th dO\y of March
by awl between SUNRENTS, INC., a Florida Corporation
. J., D 19 bl
f Co of st Lucia in the State of Florid:l MQftgagor. and hereinafter 10 d~signated and McCAl'GHAN
o the unty .. . . ,. I ffi . h C't 'Coral G3bl~!
MORTGAGE COMPANY, e-:c, , a l'orporation of the State of Flerida. h~vlnl( It' pl'lnClpa 0 ce In t e ., y 0, .. ..
Stat~ of florida, Mortgll.gee, and hereinafter 10 designate-d:
WIIF,REAS the said MortRagor is justly indebterl to th,. !"irl Mortl1:3l(et' in the principal ,"m of
NINE THOUSAND THREE HUNDRED FIFTY and 00/100- - - - -
as .:vidence-d by a certain promiuory' note of even date herewith, th~ tio,1 p,'!'lllent of which is due On
eXKute-d by the Mortgagor '.
and delivered to the Mortgagee, copy of which is attached hereto .,nrl made a part hereof
Doll...!,
April 1, 1981.
\
ADD MONIHLY 'AVMENr NOlI
I
. ',350.00
Va.....h 20_-. 19---61..-
MORTGAGE
Doll..n
~ Pierce, Florida,
For value received, th~ undenisned ~..... I.......lly rom to ~y to the order of McCAUGHAN
COMPANY, INC., a Florida corporation. the principal Iwn of
(, 9,3,0..00 ). with interut thereon from date, payable monthly at the rate of _'___
per annum; the interest and principal of elW note payable in iruulments as follows:
Belinninlon the 1AJ{. dsyof ..,. __. 19-61- the lum of
aod the same amount on the same day of each month thereafter until the _.~ day of
when the balance of the principal is due and payable.
per cent.
tt:.!.-S---- Dollan,
ApP'4 __, 19--81..-,
The aforeaaid monthly paymenu are to be applied first to interest at the rate aforesaid due monthly upon the principal sum
or k) much thereof &I !hall from time to time remain unpaid, and the ~lance of each monthly payment Ihall be applied on account
of principal. This pote may be prepaid at any time in whole or in part without
penaltv. or oremf J,um, d . . I ble f . . f .
.\n' uu~u 0 intereSt an prtnclpa are para at \.he office 0 the payee In the r;,ty 0 Coral Gables, Flonda, or
at such other place &I the holder hereof may designate in writinlt. in lawful money of the United SlAtes of America, If any
of said illltalmenta of interert and principal -hall not be paid when due then the entire principal lurn and accrued interest shall
become due and payable at once, at the option of the Iclal holder of th<s note,
Each mAker and endoner waives the rilht of exemption under the Constitution and laws of Florida, and each muer and
endofler waiVf'l demand, protest and notice of maturity, non-payment or prot~t and all requiremenu neceu.ary to hold euh of
them liable as malr.en and endonen.
It iI further a.sreed that each malr.er and endoner, jointly and teverally, shall pay all costs of collection, includin, a reaaon-
able attomry's fee, on failure to ~y the principal of thil note or any interest ther~n at maturity. This note and all IUnu d..e
thereunder Ih.all bear interest at the rate of ten (10) per cent. pcr annum from due date until paid.
It is further agreed that each maker and enioraer jointly and le..erally hereby content to any extensions or renewa~ or
modifications of this note or any ran th;:reof without notice. and each maker and endoner agrees that h~ will remain liable &I
IUCh durin, any extension or renewal 0: modificatio!l hereof until
This not( is secured by morll... upon real property in
be :-.onllrutd accordinlI to the laws of Florida.
the debt repreaente-d hereby is full, paid.
ft. LIac1e CouIlV .Florida, and this note il to
.. --, DC. (SIAL)
BT /1/ John COVl.eI, Jr, (SEAL)
.10_ 001d.., .1r.., Vice President
1M ~ DAVID R ROil!:RTS (SEAL)
Dauc1 R. Robert.8, Secret&l7
I
(SML)
(SEAL)
,
"'---NOW-THIS' INDEN11JiE'wriNEsslm,' that the aaid Mortgagor, to better lecure the pa~nt of the principal sum
let out in lAid pronliuory note, and interest thereon. and in con~ideration thereof, and for other valuable considerations, has
sranted bar<<ained and IOId and by these presenu does grant, bargain and Jell to I4id Mortgagee and to iu cuccellOn and aosigns
forever,' all that certain parcel or piece cf land lyinl and being in the County of St. Luc ie and State of
Florida, mo:-e particclarly deKribed &I:
Lot 7 in Blook 16 of South Port st. Lucie,
I~ Unit 3, aooording to the Plat thereot as
R/ti.,' . s/O,. 70 recorded in Plat }!ook 12, Page 4 or the
'T'V~ .,- -:--: In P3JIfWtitlctC..a_aords of St. L'~c1e County, l'lorida.
on tI - ~ ,In n~!)le Persor.al1f[o~riY pursuant to
, ~p er ~t !Ior dl, Acts 1941.
;." lu ~..:.~r,1t. I.u~ie.
~
state dooumentary.
to the original note and caucelled.