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LO:\N NO,
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ST. lUCtE COUNTY. FLA.
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FLORIDA
MORTGAGE
THIS INDEl"TVRE, made thi. 20th day of Jlaroh
by .lnll betwe~n COWLES, REAL EST.A.TE CORPCJU.!IOI, It. JJ.orida
. A. D, 19 61
Corporation
of th~ County of St. Luci.. . in ;he State of Florida Mortgagor, and hereinafter 10 de&i&nated and McCAUGHAN
MORTGAGE COMPA;'I;Y. I~C" a lorpor~tion of th~ State of Florida. havintt its principal office in the City of Coral Gabl~,
St"l~ of Florid." Mortgagee. and h~rei...after so designated:
\\'IIFRF.,-\S the ,aid Mort~agor i, ju,tly indebt~d to the- nid Morlgal{~~ in th~ principal mm of
NINE THOUSAND THREE HUliDRED PI1TY and 00/100 - - - - - - -OOllars.
:u evidenced by a c~rtain promissol')' note of even datl"-h~rewith, th~ final p.1yment of which i, du~ on April 1, 1981
e"ecute-d by the MOrll(agor
,nrl rI.l;v"rffl 10 th~ MortUJ[ee. COPY 01 which is attached hertto and mad~ a part hereoF.
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fiXED MONTHlY 'AY~ NOl!'
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$ 9,3)0.00 ___'~ ~, Florida, ..._ 10 . 19-61-
Fo~ valu~ received, .the undeni~ed ;_:..t1,. ~1I1 IF ...Hoy~~_ pay_<<>a.~~l!i~~ ~"MORTGAGE
COM.P.~ \)if" a Flonda corporal1on, the pnnclpal lurn of ~ ~~ _ - - -DoUart
($ "/,,,v. ), with interest thereon from date, payabte monthly at the rste of __ per cent.
per annum; th~ interest and principal of this note pay.."'I- : , ImenU as folkrwl:
Beginning on the ~ day of __...,. _,19 61 t\e surn of
and the same amount on the lame day of each month thereafter until the _ xn- day of
wh~n the balance of the principal il due and payable.
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The aforesaid monthly payments are to be applied fint to interr,t at the rate aloreaaid due monthly upon the principallurn
or so much th~reQ( at ,hall from tim~ to tVn~ remain unpajd, and the balaflce 01 each rDqnUUY payment ahall be applied on account
of principal. Thls note may oe prepalQ at any hme in wnole or in part without
penalty or premium.
An instalments of int~rest and principal are payable at the office 01 the payee in the City of Coral Gablea, Florida, 01'
at ,uch other place as the hold~r hereol may designate in writin!l;. in lawful money of the Unit~ States of America. !f an}'
of ,aid instalments of in.erelt and principal Ihall not be paid ....hen due then the entire principal lum and accrued interest ahall
become due and payable at once, at the option of the legal holder of this note,
Each maker and endorser waives the right of exemption under the Constitution and laws of Florida, and each maker and
~nd"rser waives d~mand, protest and notice 01 maturity, non-payment or protest and aU requiremenu nec.euary to hold each of
them liable as makers and endorsen,
It i, lurther agr~ed th,,-! each maker and endorser, jointl; and severally. Ihall pay all cosU of collection, includinl a rea"on-
able altorn..y', fee, on lailur.. to pay the principal 01 this note or any intHest thereon at maturity. Thil note and all IUffiJ due
thereunder ,hall bear int~re51 at the rate of ten (10) per cent, per annum from due date until paid.
It i, further agreed that each maker and endoner jointly and se..erally hereby cOnJeat to any extensionl or renewals or
modificatio", cf this note or any part thereof without notice. and each maker and endoner a.srees that he will remain liable &J
<lIch durin!l; any .."temion or r~newal or modification hereol until the debt represented hereby is fully pAid.
Thi, note i, 'ecur~d hy mortga!l;e upon real property in h. Y,n_fa ".--v Florida, and this note i, to
~~':':d f/~'~~r<~:d~ (SEAL 1
~ IIAL -.s ~ (lid.)
BY _~Al"rlnAl" Cowl AS
Pres1denl;
(SEAL)
(SEAL)
BY _ Don 'Ii.
HuhAl"
(S~)
~!
Secretary
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:\OW THIS I:\DF.:\Tl'RE WIT:\ESSF.TH, that th~ said Mortga!lor, to better seCLlre the payment of the. pr;n~pallUrn
<l"l Ollt in ,aid prnmi<5ory note. :>no :n!ere,t therron, and in ,on<icl~ration th~reof, a.nd for other valua.ble conSIderatIOns, .has
...r.lntcd. b:lr<:ained and sold 3nd by these pr~5Cnt' doc, gr:\nt, barg:lin and ,ell to ,aid Mortgag~e and to It I lu,cesaon and assIgns
fnrner, all that certain parcel or piec~ of land lyin<: and being in the County of, St. Lucie and Stat~ of
Fh."d.1, more particularly d~,cribed as:
Lot 11 in Block 16 of South Port St. Lucie,
Uuit 3 according to the Plat thereof as
12, Page ... of tha
Lucie Oounty, J1orid.a.
recorded in Plat Book
~~blio Records of St.
Rece:v:,d S. -L~?~ in iJimcnt of taxes dut
on CI s, "C' In:anglble Persor.al Pro~e~y pursuant to
~hap,er 20724, laws o~ Florida, Acts 1941.
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State documentary st~ps affixed to the original note and oancelled.
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