HomeMy WebLinkAbout1712
O. R.'
BOCK
7
232
LO:\N NO.
,ST. LUCIE COUNTY, flA.
ST-l,702
FLORIDA
MORTGAGE
THI3 INDE."'TlJRE, 'Tlade this 20th day of March , A D i96l
by 3.0<.1 between COWLES REAL ES'JlATE CORPOIU.TION, a llorida Corporation
of the County of St. Luoie . in the Slate of Florida Moru,a!{or. and hereinafter 10 designated and McC:\l'CIL\:--;
MORTGAGE COMPANY. I~C" a corporallon of the Sta~ ,l'~ florida, hav:.H{ its princip,'\1 office in the Cit\' of Coral ,""hI"
Statro of Florida, Mortgagee. and herroinafter 10 drosignated:
WIIF,RF.AS tllro laid Mort!{agor is justly :ndebted to th~ nid MnrlKa~ee in thro principal ,"m of
.lIE THOUSABD THREE HUNDRED lIFTY and OO/lOC- - - - - - - +loll.",
as evidenced by a ~ertain promiuory note of even date hrorewith, tho: fin,,! p,'YlIlrnt of which is due on April 1, I Q 8~
executed by the Mortgagor
and delivered to thr Mortgagee, copy of which is attached heoeto and made a part herroof.
\
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PlX!D MONTHLY PAYMENT NOTI
. ,,~.OO __._. I'ar\ ~, Florida, )IarcIl ao ,19~
For value received, the undeni,ned ;.tad}' L1.d ~.~...u, .i~~..JO pay ~ L\t., order ~M CAGHAN MORTGAGE
OOMP."NY, INC., a Florida corporation, the principallum of JU- amal_" ..DrWI _ __ J'1tV. Dollan
($ ".,,00 ), with interest thereon from date, payable monthly at the rate of _ _ per cent.
pet' annum; the interest and principal of thiJ note payable in insulmenu as folloW1:
BepnniDl on the 1ft day of ".. ' 12-~ the lum of
and the ..me amount on the lAme day of each mont\ thereafter until the _ ~ day of
when the balance of the principal il due and payable.
69.1'
Qr1l
Do~,
,19 ,
The aforeuid monthly paymenU are to be applied lil'1t to inter!'st at the rate aloreaaid due monthly upon the principal Jl'm
01' 10 much thereof &I Ihall from time to time remain unpaid, And the balance of each monthly payment Ihall be applit'cl on account
of principal. This note may be prepaid at any time in whole or in part without
penalv in~UimPnteW f~"t and pri~cipal are payable at the office of the p~yce in the City of Coral Gables, Florida, or
at IUch other place as the holder hereof mAy deaignat ~ in writinK. in lawful mone' of the United States of America. If any
of aaid instalmenta of interest and principal mall not be paid when due then the entire principal lum and accrued interelt shall
become due and payable at once, at the option of the lelal holder of this note.
Each maker and endoraer waives the right of exemption under the Constitution and laWl of Florida, and each maker and
endorser waivrol demand, protest and notice of maturity, nOIl.payment or protest and all requiremenu necessar/ to hold each of
them liable as maken and endorsen.
It is further agreed that ear.h maker and endorser, jointly and Je~'Crally, Ihall pay all cosU of collection, includir.~ z. reaaon-
able attorney'l fee, on failure to pay the principal of thi. note or any interest thereon at maturity. This note and all IUrns due
thereunder man be~ int~relt at the rate of ten (10) per cent. per annum from due date until paid.
It u further agreed that each maker and endorser jointly and Je,'erally hereby content to any extensions or renewals or
modifications of this note or any part thereof without notice. and each maker and endorser agrees that he will remain liable as
Inch during any extensior or ~nt:wal or modification hereof until the debt represented hereby is fully paid.
This note is 5':cured by mortgage upon real
~F}~~'L ;~::~~
property in h. t.a1e c...v
~ J8AI. .... ~~~ (SIAL)
By _ Gardner
By
\
Florida, and this note il to
(SEAL)
Cowle8 ~(SEAL)
.k'reslc1Bn"
Hllber _(SEAL)
Secretary
Don w.
\
(SEAL)
- . . . - .. ~- ~... ~. ~ - - .
~OW. TIllS .IND~NTUR.E ~ITNEssEm, that the said Mortgagor, to better aecure the payment of the principal rum
Jet !)ut In laid promlSlOry note, and mterest the1eon, and in comideration thereof, and for other valuable considerations, has
sranted. balltained and IOld and by these presenu does grant, bargain and sell to aaid Mortgilgee and to itl luccessors and assigns
forever, all that t.eruin parcel ?r piece "I land lying and being in the County 01 St. Luc i e and State of
Florida, more particularly detenbed AI:
Lot 9 in Blook 16 of South Port St. Lucie
Unit , ac~ord1Dg to the Plat thereof ae
reoordej in Plat Book 12, Pase 4 of the
~b11o .eoorda of St. Lucie Oount7. ~lor1da.
IltcWed $ I f ~ P In payment of taxes n~:
on a 51 "C! Intanaib\t per~nal Property puf$U&
~pttf 20724.' $ cl fi<l!idI, Acts ot .
8~ai.
be or1i1Dal Dote and canoelled.