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LO....N NO.
~
~o~i
8!-1,109
7
283
<;T, LUCIE CDUNTT. rlA.
~LORIDA
MORTGAGI.
THIS INDENTURE, made this
. A. D. 19 61
a ~lori4a Oorporation
20th da)' of Karch
COWLES R.lUL' ESTATE CORPCRATIOB,
of the County 01 St. Luoi, . in the State of l'hrida ),{ortlasor, and hereinafter 10 detipated and WcCAUGHAN
MORTGAGE COMPANY, I~C" a corporation of the State of Florida. h"vin~ its principal ofIIce in the City of Conal G,blea.
Stat.. of Florida, Mortgagee. and hereinafter so delignate~:
by and ~lWeen
"
WIIFREA~ the said Mortgalor il jUitly ir.debted to'thc s:lid Motlga!{ee in the principal lum of
TEN THOUSAND TWO HUSDRED and 00/100- - - - - - - - --
- - Dollan.
as evidenced by a certain promissory note of even date he:ewith, th.. final p.'yment of which iJ due on April 1, 1981,
e"ecl!t..d by the Mortgagor
and d..livered to the Mortltag-ee, copy of which is Attached hereto and made a part hereof.
\
1\
FIXED MONTH&. Y 'AYMINT NOTI
$ 1.0,100.00
.... .. . .
____ ~,F1orida,
........ to 19-'L.
.
MOR.TGAGE
Dollan
per' em t.
For value received, the undeni~ed jlia.&,- n.! --- 1"'\r ~" to pay to the
COMPANY, I:-<C" a Florida corporation, the principal Iwn of
($ 10,fnn.OO ). with interest thereon from date, payabil! monthly at the faN of .
per annum; the interell and principal of thil note payable in inllalmenu as folbwt:
B~ginning on the \ft day of _ M... ~ 19-'1...... the IUD] 01
and tl,e same amount on the same day of each month thereafter ut'ltil the - 1-' day of
wh..n the balance of the principal il due and payable,
Th.. aforesaiel monthly payments are to be applied filst to inter..st at the rale aforesaid due nwnthly upon the principal lum
or so much thereof as shall from time to time remain unpaid, and the balance of each monthly pa~t ahall be applieJ on account
of principal. This nl?te may be prepaid at any time in whole or in part without
pena\\tin~!imrnr.eWfn~mit and principal are payable at the office of the payee in the City of Coral Gablea, Florida, or
at such other place as the holder hereof may designate in writin!t. in lawful money of the United Statea of America. If any
of ~aid instalm..nts of interest and principal shall not ~ paid when due then the entire prin...ipal lum and accrued interest ahall
lx-come due and payable at once. at the option of the legal holder of this note.
~.I~
E.lCh maker and endorser waives the right of exemption under the Constitution and lAWS of Florida, and each maker and
en<':>rser wai\'t's d..mand, protest and notice of maturity, non'payment or protelt and all requiremenu neceaa.ary to hold each of
them liabl~ "s rr.ake,: and endurser ,.
It is further a/tr..ed that ~ach maker and ..ndorser. jointly and severally, shall pay all cosU of collection. includinl a re&lOn-
able atlorn..y'~ fe... on failure to pay the principal of thil note or any interest thereon at maturity. Thil note and all IUmI due
th..r~und..r shall lx-,\I' int..re,t at the rate of Un (10) per cent. per annum from due d:ue until paid.
It i. flll'ther a'(r....d that each maker and endorser jointly and ae.erally hereby conteDt to any extenaions or renewals or
modifiratioll' of this note or any part thereof without notice. and each maker and endorser agreel that he wi!! remain li~ble &I
""h durin'( any ext..nsio', or r~newa! or modification hereof until th~ ~ebt represented hereby iJ fully paid.
Thi. not.. is ,ccured hy mortgal(e upon real properly in
be C0'lstrued accordin'( to the l:.ws of Florida,
ft. latrl..a'" ~ Florida, and this note is to
0CIIJa au. .. ~t'P (IML)
(SEAL,)
By _
Gardner Cowles (SEAL)
President
(SEAL)
By __ Dnn W_
HubAl'
(SEAL)
Secretary
~ow THIS I~OF.~Tl'RE WIT~ESSF.TH. that the said Mortga/tor, to better secure the payment of the principal iWJl
S<'t Ollt in .:lid promiuory note, anr! in!ere,t thereon. and in comir!..ration thereof, and for other v~luabk conliderations haJ
'(ranted. b\l'g,1in..d and solr! and by th..se pr..sents d--~s grant, bargain and .ell to laid Mortlagee and to iu IUC-cellOl'I and ~igna
forc\'..r, all that certain parcel or piece of land lyin!t and beill!l in the C.ounty of St. Lucie and State of
Florida, more particularly' de~cribed as:
Lot 11 in Block 15 of South Port 3t~ ~~LQi~.
Unit 3, according to the Plat thereof &s
recorded in Plat Book 12, Page 4 of the
Public Record~ of St.Lucie County, ~lor1da~
I?ecev~d S:{ Q~<.J in p~i'ment 0: taxe! due
on C1: "C' In ~:: bic Persc~al Pro;er:y pursuant to
~hap,H L.G 7~... La..,'~ 01 Flofida. cts of 1941.
F~
. lorida-----::::'
-
State documentary stamps affixed to the original note and cancelled.
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