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HomeMy WebLinkAbout1724 1..0:\110' NO. O.W, 8001 7 274 S'r-l,706 ST. lUCIECOUNTT. FLA. . ""-"---..--------- -.-... . FLORIDA MORTGAGE THIS INDENTURE, made this 20th day 01 by :md bctwUn OOWLES R1t.L ESun OORPORATIOB, )larch ' ^ n 1961 a Ilorida Corporation f h Co t of St Lucie . in the State of Florida Mortgagor, and hereinafter 10 designated and McC:\l:GIIA:-.I o t e un y. . ", . " I ffi ' h C' , 1 (' 1 Co ,hI.. MORTGAGE COMPANY, I~C" a corporation of the State 01 Flonda, h:\\'lnll; 'II prlnClpa 0 ce In t e "l\ () .ora .. ' Stat/' of Florida, Mortgag~. and hereinafter 10 delignated: WIIF,RF.,-\S the said Mortgagor il justly indebted to thc' "id Mort!pv:ce in the principal <11m 01 .in. !houeand !hr.. Hundred lift1 and 00/100- - - - - il evidenced by a certain promiuory note of even date h~rewith. the fin,1 p:wlIlent of wh;ch is due on executed by the Mortgagor and deli\'ered to the Mortgagee, copy 01 which is attached hereto and made a part hcreof. _ _ _ - DolL".. .April 1,lQ81 ~ RXID MONTHLY PA YMINT NC1I \ . 9, '50.GO ____-101'\ P1efM, Florida, ...._a m , 19-61- For value recei\~, the undenilJl1ed jeiatl, ulA .......1\r promial to pay to the order of McCAUGHAN MORTGAGE COMPANY, iNC., a Florida corporation, the principal .urn of.'"... ~.t ""- .,~ ....~ - - DoHan (, "J50-00 ), with interut thereon from date, payable monthly at the rate of -----6t--- per cent. per annumj the interest and principal of this note pay.ble in instalmentJ &I follow1: Beginnin, on the ~. day of _______-, 19-6J.- the lurn of and the I&me amount on the lAme day of each month thereaTter until the ~ day of when the balance of the principal is due and payable. 69.1J ~rU Dollan, , 19-&.-, Th~ aforesaid monthly paymenu are to be applied fint to interest at the rate aforuaid due monthly upon the principa.l lurn or 10 much thereof aa thall fft'lm time to time remain unpa,icJ.. and the balance of each monthly \Jayment Ihall be applied on account fll prindpal, ThLs note may be prepaiu at any time in whole or in part without penaltv or prem ~um. Alt' iru~nu of lntereat and principal are payable at the office of th. payee in the City of Coral Gablel, Florida, or at IUch other place u the holder hereof may designate in '."ritin~, in lawful money of the United States of Arr.erica, If an) of aa.id irutalmenu of in,ereat and principal ahall not be paid when due then the entire principal lurn and accrued interest shall become due and payable at once, at the option of the legal holder of this note. Each maker and endorser waivel the rilht of exemption under the Constitution and laws of Florida, and each maker and endorser waive. demand, protest and notiCE of maturity, non-payment or proteu and &11 requiremenu neceuary to h:>ld each of them liable u mAken and endor1Cn, It is further asreed that each maker and endorser, jointly and ~verally. shall pay all cosll of collection, including a reason- able attomt'Y'1 fee, on Cailure to pay the principal of this note or any interest thereon at maturity, This note and all surru due thereunder thaU bear interest at the rate of ten (10) per cent. per annum from due date until paid. It il further agreed that each maker &!\d endorser jointly and le"erally hereby consent to any extensions or renewals or modifications of thil note or any part thereof without notice. and each maker and endorser agrees that he will remain liable as C11ch during any extension or renewal or modifiCAtion hereof until the debt repreaented hereby il fully paid. This note is secured by mortgage upon real property in be ronstrued at'cordinlf to the laws of Florida. I'. lJouol. ~ .Florida. and thil note is to CcnD BIAL IftlB ~ (BAL) (SEAL) By By Gardner Cowle...e (SEAL) .PreslC1ent ))on W. Huber _,_(SEAL) Secretary (SE/.L) -'.M;)w-"mle"' IfttI'Ill'IU.....,.,.-....CI'OOD.." ...... UMP --- ........,..'e---e....., - -- -.-- -... r--'----. n . . set out in aaid prorniuory note, and interest thereon, and in comidera~ion thereof, a.nd for other valua~le considerati:>ns, .has Iranted, ba\'ll:Ained and told and by these preaen~ d~s gra~t, ~rgam and sell to Uld Mortgagee and to III lurcessors and assIgns forever, all that certain parcel or piece of land Iytng and bemg m the County of St. IA10ie :lnn State of Florida, more particularly described iii: I.o't 15 in Block 16 of South Port St. Lucie, Vn1't " aooording to the Plat thereof a. reoorded in Plat >>ook 12, Pace 4 of the Publio Reoorde ot St. Lucie Oount1, Ilorida. R~eived $ If, 7 b in pJyment 01 taxes due on C1 S~ "C' h1tang:ble Persor,~i Property pursuant to Chap.er 207~ laws of Floridl., ~.2,f 194~1 ~~rn_^~ ~ Tax Collector. St. Lucie County, i4a----.:_ 8ta~ 4ocuaan'tarr .taapa affix.d ~o the original not. and oancelled.