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LO....N NO.
7
268
aT-1,704o
~o~k
ST. LUCIE COUNTY, f'LA.
"__ -.._... ...___ .0_ ._._.. _" -.... .
FLORIDA
MORTGAGE
THIS INDENTURE, mAd~ this, 20th dav of Karch , A D 1961
by and between OOWLES REAL ESUD OORPOllATIOI, a 110rida
of the County cof at. Lucie . in the State of Florida MOrlji!agor, ..nd her~inafter 10 designated and McC:\l'GIL\N
MORTGAGE COMPANY, IN~" a corporation of the State of ~Iorida, havin,\, its prir.cipal office in lhr Cit\, of Coral (;,,:.1..
Stat/' of Florida, Mortgage~, and hereinafter 10 designated:
WHF,RE,...S the said Mortgagor is justly ind~bted to the ...id Mnrtg,ll(ee i,~ the principal 'lfm of
!lID THOUSABD THREE HUIUJRED JD'TY and 00/100- - - -
- - - - !lol I. II ,
as evidenced by a certain proruiuory note of even date herewith, the fin,,1 p,1\'lllrnt o~ which is du~ on
executed by the Mortgagor
and d.livered to th~ Mortgagee, copy of which is l\t1acn~d hereto and made a part her~or.
April 1, 19 81
~
. 9,,,0.00 ___' ftn Pl~6F1orida, IIanIlIO , 19 ~'-
For value received, the undenilfled ~~ti~ ~.4 _,~~~~ ~~~'MORT~
COJ.U'.~ m"C., a Florida corpontion, the principal Iwn of - - - -Dollan
(,--",:!~.UU ), with interest thereon from date, payable monthly at the rate of ___ per cent.
per annum; the intereat and principal of thi, note psyable in instalmenu as folloW1:
Beginnins on the 1.n day of ~ , 19 61 the lurn of
and the 1&r.1e amount on the SAme day of each month thereafter until the _ 1ft day of
when the balance of the principal is du~ and payable,
J!il:L- Do.
A;t , 19_.
The aforesaid monthly paymenU an: to be applied 6nt to interest at the rate aforesaid due monthly upon the principal sum
or 10 much thereof u sha1l from time to time remain unli!"id, and the b.a!ance or each monthly pa~nt Ihall be applied on account
of principal. This note may be prcpaic1 at any time in whole or in part without
pena1tv . or oremlum. , . ..'
'XlI lllItahrlIenu of Interest and pnnclpal are pay.ble at the office of the payee In the C,ty of Coral Gablea, FlOrida, or
at such other place u the holder hereof may desilfla:e i!') writing, in lawful I'lY.>ney of the United States of America. H any
of said inatalme"ta of interest and principal mall not be paid when due then the entire principal sum and accrued interest shall
become due and payable at once, at the option of the lelal holder of this note.
Each maker and en~oner wai\'eI the rilht of exemption under the Constitution and laws of Florida, and each ma.lr.er and
endorser waivt's dem~d, protest snd notice of rn'lturity, non-pa:-ment or protest and all requiremenu necessary .~ }>"Ie{ each of
them liable u maken and endonen.
It is further asreed that each maker and endorler, jointly and leverally, shall pay all cOlts of collection, including a reason-
able attorney's fee, on failure to pay the principal of this note or any interest thereon at maturity. This note iIJId all luma due
thereunder shall bear interest at the rate of ten (10) per cent. per annum from due date un~1 paid.
It is further a~ed that each maker and endorser jointly and Ie.-erally hereby COnseDt to any extensions or renewals or
modifications of thil note or any part thereof without notice. al'd each mUer and endorser ascees that he will remain liable as
stich durins any extension or renewal or modification hereoi until the debt reprelented hereby is fully paid.
Q This note is sccu~d by mol'tlage upon real property in ft. ,,_.... "--' Florida, and this note is to
U be r.orutrued accorcin~ to the laws of Florida. CCIIJ8 -.r. .... ~ (IIAL)
(SEAL )
(SUI. )
BY' -
aAl"dnAl" CowlAA
(SEAL)
President
Secretary (8"
By
])on Wa Hub"l"
'~"-r~'"~'" .~~:--w-----.:u....,....... v..u:>> ...~): J. 1"~. "I. \11..1:1\ :'u: ..~ .:n~~~1 to oettt'r It'cure the payment of the pnnclpal lum
let out In Jald promlllOry note, and mterest thereon, and m con..d~r2.t.on thereof, and for other valuable considerations haJ
sranted, barllained and IOld and by these pre!enu does scant, bargain and sell to said Mortgagee and to its lurceuors and a~sign.
forever. all that cenain parcel or piece of land lying and being in the County of at. Luoie ;lnr! State of
Florida, more particularly dacribed ,&I:
Lot 12 1.Jl Blook 16 of South Port St. Lucie,
Unit 3, acoording to the Plat thereof a.
reoorded 1.Jl ~lat Book 12, Pase 4 of the
~bl1o Records of St. Luoie Oount" 11orida.
Received $ 11"/)0 In p3yment of taxes dUI
on Cl ss "C" Intangible Personal Pro~rty pursuant to "
Chajher 20724, laws 01 Florida, Acts of 1941.
~~~~.~ 2r:~~
State 400uaentarJ etaapa ~~f1xe4 to the or1~1nal note and oancelle~