HomeMy WebLinkAbout1698
~b~i
248
ST-l,728
7
LO.~ NO.
ST. LUC'I[ COUNTY, FLA.
FLORIDA
MORTGAGE
THIS INDENTURE. made this 20th day of Karch , A, D 19 b1
by and ~tween SUBRENTS, INC., a llorida Corporation
of the County of st. Luc i e . in the St"ate of Flvrida Mortgagor, and hrreinafter 10 d~lignated and :,{cC:\ l'GHAN
MORTGAGE COMPANY, INC" a corpo(atieon of the State of florida. h:\\'inl{ iu principal office in the C.ity of Coral Gabl~s,
SlAte of Florida, Mortgagff, and hereinaCter 10 designated:
WlIFRE.-'.S the said Mortlagor i~ justly indebted to the '-lid Mortl{altef' in the prindpal ~llm oC
TEN THOUSAND TWO HUNDRED and 00/100- - - - - ~ - - - - - - - -
April 1,
Doll~",
as evidenced byi certain prorniDory note of even date herewith, the fin,,\ p~'l1lent of which is due on
executed by the ortgagor
and delivered to. he Mortgilgee, copy of which is "ttached hereto and made a part hrreof.
'1981.
I
AXED MOMMY PAYM&fT N011
\
.10,200.00
____Jort Pierce I Florida.
L1;"',rch 20 , 19~
or
For vi1lue received, the undenilJl~ j_. fa" IT , ~J1'2romi1to pily to the order of McC.^UGHAN MORTGAGE
~~~y I~ a Florida corporation, the principal sum of Zt.u........ThOUAnnd Two H1mOt'fd - - _Dollan
(.~O 00 . 00 ), with intuelt thereon from date, payable monthly at the rate of ____ b~ per cent.
per annum; the interest and principal of this note pilYilble in instillments as follows:
Beginninlon the l.t day of IIAT ' \9-DL the lum of ----1-b-..09 DoUan,
and the same amount on the aame dilY of each month thereilfter until the _~ day of ApI'U_,19-U-,
when the balance of the princil'll iJ due and payable.
The ilforesaid monthly paymenu are to be applied lint to interest at the rate aforesaid due monthly upon the principal lum
or 10 much thereof.. ahilU from time to time remain unpaid, and the balance of each monthly pilyment Ihall be applied on account
of Principal, This note may be prepaid at any time in whol~ or in part without penalty
prenu~. irutalmenlS of interest and principal are payable at the office of the payee in the City of Coral Gables, Florida, or
at IUch other place &I the holder hereof mAY d~.ignate in writing. in lawful money of the United Statea of America. If any
01 said irutalmenu of interest and principi1l ahaU not be pAid wh~n due then the entire principal lum and accrued interest Ihall
become due and payable at once, at the option of the legi1l ~older of this note,
Each maker and endol'lef waives the right of exemption under the Constitution and laws of Florida, and each maker lI.lld
endol'ler w.aivt'l demr.nd, protest and notice of maturity, non-pilyment or protest :md all requiremenu necessary to hold each of
them liable u maken and endoraen,
It is further agreed that each maker and endorser, jointly and leverally, Ihall pily all COIU of collection, including a reaaon-
able aIlOUoty'. f", v., f..ih..-;, w pay the principill of thiJ note or any intereat thereon at maturity. Thil note and all IUnu due
thereunder ahall bI:ar interest at the rate of ten (10) per cent. per annum from due date until pilid.
It is further agreed that u.ch maker and endol'ler jointly and ae..eral\y hereby conseat to any extensions or renewals Of'
modi6cations of this note or any part thereof without notice. and uch maker and endol'ler asret'S that he will remAin liable &I
1
.
IUCh during any extension or renewal or n:IIO':iification hereof until
This note is secured by mong.... upon real property in
~ l".OiUtroed accordin~ to the laws of Florida.
the debt represrnted hereby is fully pilid.
st. Luoie County Florida, and thil note il to
SUliREN'.l'S. INC. (SEAL)
., Isl Jobn Covl.e81 Jr. (SEAL)
JaIa 0aw1M, Jr., Yloe 1'nmA-t
M4-W _ DAVin R ROBERTS. (SEAL)
-~ a. Bo\_ H, Iearetar7
.
~'
( SE..4L )
(SEAL)
,
L
'~~'~-':"'No;tTHI'; lNOENT"U"RE 'WITN"';:SSETH: t.l1u the aaid Mortg~r, to better ieCure the payment of the principal JUIII
tel out in aald promill')J')' note, and interest therecn, and in consideration thereo!, and for other vi1luable comiderations, has
IflUIted, barrained and K'ld and by these praenU does Irant, bargain and sell to said Mortgagee and to its IUccesaon and auigna
fonNer, all that certain pucel or piece of land lyinl and being in the County of St. Luc i e and State of
Florida, more part.icu1ar1y dev-"bed ..:
Lot 10 in !lock 15 of South Port st. Lucie,
Unit 3, according to the Plat ther~of as
reoorded in Plat Book 12, Page 4 of the
Publio Recorda of st. Lucie County, Y1orida.
Receiv=d S c2.. O~ t./ a in payment of taxtS due
on C! ~ 'C' In'an~ble PerSO~;31 Property pursuant to
CItIp.u _'oJ] . lal.:i of l.(,l.da, At.s 01 1941.
-- 'rh ~
~ Colle<;\I,Ir. Sl Luaa County~ ~
state dooumentary .t~p~ aff1xe~o the original note and cancelled.