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HomeMy WebLinkAbout1692 0.1: 800~ 7 242 GT-l,726 LO:\N NO, ST. LUCIE CDUNn, rl~. --- - -- ---_._~- FLORIDA MOR1'GAGE TlUS INDENTt:RE, made thil 20th da~' of March by md between sUNRENTS, INC., a ?lorida Corporation , A, D 19 bl of the County 01 St. Luc i e . in the State of Florida Mort~a!l;or, and hereinafter so desil\nated and McCA l'GlIAN MORTGAGE COMPANY, I:-IC-. a lorporation "f the State of Florid", h,,\'in~ ill pr;ncipal office j.. lhe Cit\, of Coral G"hl~I, Stale of Florida, Mo:tgagee, and hereinaher 10 designated: WIlF,RE.~S the said Mortl!agor il justly indebted to thc nid M()rliP~e(' in the principal 'elm of TEN THOUSAND TWO HUNDRED and 00/100- - - - - - - - 11011.111, - - - - as evidenced by a cerlai:l promissory note of even date herewith, the final p,l\t1lent of which is due on executed by the Mortgllgor April 1, 19 81 and deiive:w to ,l.t: ~,~;:;~;::;~e, r,,~~ of which il attached hereto ,md made a part hcreof. \ \ ~ AXIl) MONTHLy PAYM&n' NOlI ( , I9-bL- MORTGAGE - Dollan per cent. . 10. ~OO.OO fort Pier"e. Florida, MA.rch <0 For value received, the ur,denisned ...a........ promiY-.o pay to the order of McCAUGHAN COMPANY, INC., a Florida corporation, the princi!>Allum of ten Thoulitand Two Hllnd r~d - (, 10 OAI\-rOO--), with interest thereon from slate, payable monthly at the rate of _____bt per annJm";-d;'e intereat lU\d principal of thil note payable in insulmenlJ al follows: Beginning on the let day of )1&1 ---, 19.-6.L toe sum of and the aame amount on the aame day of each month thereafter until the - _~t-- day of when the balance of the principal it due and payable. Dollan, __, 19--8.L, 76.09 April. The aforesaid monthly paytnCnU &re to be applied fil'lt to interest at the rate aforesaid due monthly upon the principal lum or 10 much thereof as shail from time to time remain unpaid, ilnd the balance of each monthly payment Ihall be applied on account 01 principal. This note may be prepaid at any time in whole or in part without penalliYinI'?a1mJU;e91h'reIJ\f and principal are payable at the office of the payee in the City of Coral Gables, Florida, or at luch other pia<< as the holder hereof may delignilte in writin!l;, in lawful money of the United States of America. If any of ...:d iJUtalmenU of interes~ and principal ahali not be paid when due then the entire principal lum and accrued interest mall become due and payable at once, at the option of the legal holder of thil note. Each maker and endorser wai\'e.J the right of exemption under the Conatitution and lawl of Florida, and each maker a.nd endoner waiVf'1 denl&11d, protcst and r.otice of maturity, non-payment or protest and all requirements neceuary to hold each of them liable &I maken and endonen, .. It it further 3.8Teed that each maker L"\d endoner, jointly and severally, shall pay all costs of collection, including a reason- able attornfry"1 fee, on failure to pay the principal of thit note or any interest thereon at maturity. This note and all IUrns due thereunder mall bear interest at the rate of ten (10) per cent. per annum from due date until paid. It is further agreed that each lIIaker and endoner jointly and se..erally hereby content to any extensions or renewals or modi6cationa of thil note or any part thereof without notice. and each maker and endorser &<<feel that he will remain liable as weh during any extenUon or renewal or modifiCAtion hereof until the debt repreaented hereby il fully paid. This note is secured by mortlage upon real property in st. L'.l.cie CountJ ,Florida, and this note il to be r:onstrued accordin~ to the laws of Florida. SUHRENTS. INC. (~BAL) (SE.AL) ., /fJ/ John Cowles Jr, --is - ~ Qnlw., h., '1.... l"l."wa1-- EAL) (Sv.L) BER'rS (Sr."..) ( , I~ NOW THIS INDENTURE WITNESSETH, that the said Mortg&gor, to better aecure the payment of the principallUffi act out in laid prnmi20ry note, and interest thereon, and in comideration thereof, and for oth~r valuable conaiderations, has sranted ba~..h.ed and IOld and by thcse presenu does grant, bargain and sell to said Mortgagee l\r.d \0 its IUC~JIOI'I and assigru forever~'all that certain parcel or piece of land lying and beint; in the County of st. Lucie and State of Florida, more p:uticu1arly deteribed as: Lot 8 in ~look 15 of South Port St. Lucie, Unit 3, according to the Plat thereof as reoorded in Plat Book 12, Page 4 of the Publio Records of St. Luoie County, 11orida. 'tie';l!lvcd S -d.. 6.,1 qlin payment of taxes due In CI s C' 'n' ;: b'~7ersonal Property pursuant to INpter ~ ~..... c .or~a, Acts oi b41. '\ok CU,.a.:.....f. SL lucit COl~lil' to the original note andcancelled. state dooumentary