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251
81'-1,729
LO:\N NO,
ST. LUCI( COUNTY. fL A.
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FLORIDA
MORTGAGE
THIS INDENTURE, mad~ thi, 20th day of March
by ;lnd ~tween SUNRENTS, INC., a IPlorida Corporation
, A. D. 19 61
of the County of st. Luc i e . in the State 01 Florida Mortgagor, 'U\d :ureinafter to deai<<nl\ted and ),{cCAVGHAN
MORTGAGE COMPAt-iY, INC" a corporation of the SV.te of Florid". havinl( iu ?rincip.tJ office .in the City nf Coral Cabin,
Stat~ of Florida, Mort~agec. and hN~inafter so designated:
WIIFRF.AS the said MQrt~,\gor is justly ind~bt~d to thl' uid Mnrtgal(e~ in th~ principal mm of
THIRTEEN THOUSAND THREE HUNDRED FIFTY and 00/100- -
as evidenced by a certain pcomiuory noU of even date herewith, the final payment of which is dut' on
~"ecutrd by th~ Mortgagor
and delivt'l'ed to t~e Mortl(agee, copy o! which is attarhed hereto :md m1'5~ a part h~reor.
Dollan.
- - - -
April 1,
1981.
\
.~
19 fIlL '
FIXED MON'IMLY PA'fMlHf NOlI
. U.S,o.OO
__ a.., Florida,
....
For value r~cei\'ed, the undersigned ~ 8&Y -1O_w.~ni&ru~_:~TGAGE
COtr,i.f:\::a... I~., a Florida corporation, the principal swn of - ~ Dol1a.n
(~ ), with int~relt thereon fcom date, paya;.,le monthly at the rate of __ per CC"lt.
per annum; the interest and principal of this note payable in imtalments as folloWl:
B~ginning on th~ ~ d~y of - , 19 .. 'the turn of ..--- DQI&a,n,
and the sam~ amount on the same day of ~ach month thereafter until the - iii"'" day of ~,19~,
wh~n th~ balance of the principal il due and payablc.
The aforesaid monthly paynlt'nts are to be appli~ fint to int~rrst at the rate aforesaid due monthly upon the principal lum
or so mUl h thereof as ~hall from time to time remain unp~id, and the balan;-e of e~b monthl~ j>&yment !hall be applied. on account
of principal. Thls note may be prepald at any ttme ill whole or ill part wlthout
penaI...~ inq&I~Jt~W\l1\mlt and principal are payable at the offic., of the "ayet' in the City of Coral Gablet, Fklrida, or
at such oth~r place as th~ holder h~reof 'may designate in writinl(, in lawful money of the Unitrd Stattt of America. If any
of said instalments of interest and principal Ihall not be paid when du~ then the entire principal lum and accrued interell shail
~come du~ and payable at once, at the option of the legal holder of this note.
F.ach maker and endorser waives the right of exemption undu the Constitution ::md laws of Florida, and e;ach r:u.ker and
endorser waivrs demand, prot~st and notice of maturity, non-p31ym~nt or protelt and all requiremenU nec.....ry to hold each of
them liablr as maken and endorsen.
It is further aRre~d that each maker and ~ndoner, jc:ntly and se\'erally, Ihall pay all costs of ccllection, inclu1ing a reiUOn-
able altorney's Ire, on failurr to pay the principal of this note or any interelt thereon at maturity. This note and all IUrns due
th..rrl'r.d~r shall ~ar interrst at the rate of ten (10) pt'r cent. pt'r annum from due date until paid.
It is further 3l(reed that each maker and endorser jointly and le..~rdly her~by content to any extemions or renewals or
modifications of this note or any part thereof without notice. and e...,h rna~er and endoner alfeel that he will remain liable &I
such durinit any e"tension or r..n~wal or modification hereof until the debt represented hereby il fully paid.
This notr is secured hy mortgage upon real property in ft. .... 1- Ll1J ,Florida .!!!,.d_.!~ note i. to
~ construed accordinl\ to thr law1 of Florida, - -. _. t....,
"
(SEAL)
~/ John Cov~Jr, .J.SEAL)
OovlMl, Jr., 011 rre~
.~ ~UJOC (SEAL)
])a 4 . , t.arJ
!1
u
(SEAL)
)
NOW THIS INDF.NTl'RE WIT~ESSF.TH, that the lai,1 Mortga~or, to better secure the payment of the principal NUl
'l't Ollt in s:lid promi<sory note. and in!er~st th~reon. and in con,idrration therf'Of, and for other valuable considerations, haJ
!ir.lntcd. bn<::linro and sold :lnd bv thrse pres~nts does grant, bal'lpin and !~II to said Mortgagee and to its lurceuon and auigna
forevrr, all that crrtain p:lrcel or pira of land Iyin!i and being in the Count? of st. Luc i 9 and Stlte of
F10.',da, mor~ p,ll'ticularly d~scri~d as:
Lot 7 in Block 15 of South Port st. Lucie,
Unit 3, according to ihe Plat thereof as
recorded in Plat Book r2, Page 4 of the
Public Records of st. Lucie County, Florida.
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" ~ ., . 0- Ir1 r'~iment 01 taxes due
Rtu: 'J ),...,o-x.,...p. I.b, , \' --_"'~3' Pro"erty pursuanllo
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Stnte documentary stamps affixed to theorigiual note and cancelled.