HomeMy WebLinkAbout1706
LO.\N NO,
O.Il~
aOOK
251
".,
I
ST. LUCiE COllHTr. rLA.
ST-l,700
FLORIDA
MORTGAGE
THIS INDENTURE, made this 20 th da)' of Jlaroh , ^ D 19 61
by and between OOWLBB REAL ESUTE CORPOlUTIOI, a Ilorida Oorporation
oi the County of St. Lucie . in the State of Florida Mortgagor, and hereinafter ...'} designated and McCAL'GH:\N
MORTGAGE COMPANY. I:'-IC, , a corporation of the State of l'lorida, h;winl( ill principal office in the Cit\, of Coral Gahl~,
State of Florida, Mortgagee, and hereinafter 10 designated:
WIlF,P,FAS the said Mortgagor is justly indebted to the uin Mort/l3geC in the principal "1m of
:light !hoou.and 81% Hundred and 00/100 -
Dol\." "
as evidenced by a certain prolI'illOf)' note of even date herewith, the final pa\ll1ent of which is due on April 1,
executed by the Mortgagor
19 81
and ueli-:ered to the Mortgagee, copy of which is allolched hereto and made a part nereof.
,
. ~
PlXID MONTHLY PAYMINT NOli
~
".100.00 ___JOI't Ple~oe Florida, March 20 . I~
For value received, the undenigned j."ill'l, u... '-'-~i~iJf,)'~~_t~ the o1fl~ llcCA~GH~ MORTGAGE
OO~P~ W~., a Florida corporation, the principal Iwn ofli~ OllIIan4 sr- r :roe - t DollAn
(~). with interest thereon from date, payable monthly at L~e rate of IX One-h&.l per cent.
per annum; th:! inte:'e1t and principal of thiJ note payable in insta.lments as followa:
Beginning on the let da)' of _ ~ __, 19 61 the lum of
and the a.ame "mount on the'tame day of each month thereafter until the _ .Lir day of
when the balance of the principal is due and payable,
6~.16
Ap 11
,I:n::
J
The afores<;.id monthly paymenU are to be applied fint to interest at the rate aforesaid due monthly up.:>n the principal lum
or 10 much thereof &I ahall from time to time remain unpaid, and the balance of e~h monthly payment Ihall be applied on account
of principal. This n~e may be prepaid at any time in whole or in part without
pen8\\r in?~ltsew tMnlst and principal are payable at the office of the payee in the City of Coral Gablel, Florida, or
at .uch other place &I the holder hereof may designate in writinl{. in lawful money of the United States of America. If an)'
of sa.id instalmenu of interest and principAl Ihall not be paid when due then the entire principal lum and accrued interest ahall
become due and payable at unce, At the option of the legal holder of this note.
Each maker and endoner W;UVeI the right of exemption under the Conatitution anti lawl of Florid., and each maker and
endorler waivn demand, protelt :and notice of maturity, non-payment or protest and all requiremenu neceau.ry to hold each of
them liable as maken and endonell.
It is further ..reed that each maker and endorser, jointly and ~verally, Ihall pay all COlU of collection, including a reason-
able attorney'l fee, on failure to pay the principal of this note or any interest thereon at maturity. This note and all IUrns due
thereunder thaIl bear interelt at the rate of tm (10) per cent, per annum from due date until paid.
It is further agreed that each maker and endorser jointly and Je>,erally hereby coment to any extensions or renewals or
modifications of thit note or any part thereof without :lOticc, and each naker and endoner agreel that he will remain liable as
IIIch during allY extension or renewal or modificAtion hereof until the debt repreaented hereby il fully paid.
This note is !k.~ured by mortg..e upon real property in 8". Luoie OO\U1~Florida. and thil pote il to
nSlrued according to the laws of Flocida. OOlLlS REAL BSfAD OORPCRA~IOB \ ~.EAL)
e,..J L~ r
B~ Gardner Cow,es
resident
B;J.. Don Wa Huber
Secretary
(SEAL)
(SEAL)
(SEAL)
(SEAL)
\
\
NOW THI3 INDENTURE WITN-ESSETH, that the aaid Mortgagor, to better secure the payment of the principal (urn
set out in sa.id promi!!()f)' note, and interest thereon, and in comideration thereof, and for other valuable considerationJ hu
granted, bal'1tained and IOld and by these preaenu doel grant, ~rgain and sell to laid Mortgagee and to its lucceuorl and a~signs
forever, all that certain parcel or piece of land lying and beinl in the County oi St. Lucie ann State of
Florid", more part.icu1arly deacribed as:
Lot 10 in lUook 16 of South Port St. Lucie,
Vn1t , aooordlnc to the Plat thereof as
r800r4e4 1D. Plat Book 12, P&&8 4. of the
Publlo :a.oorda of St. wc1.- Oount" 11orida.
bceIved $/1. ;!)..t)_ln payment of tax.. dill
on Class "e" In .ng'ble Personal Property PUBUlnt to
U-pter a~~~~~or~d', /~ 0,""_ ~~ .. '
lax Collector, 51. Lucie . Florida ~'7--8
ltat. 4oouunt~ .~ aft~.d to the original note and oancelled.
, "
l
I