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LO:\N NO.
7
286
ST-l,710
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2, p.:
\lOOK
<;1, lU~IE COUNTY, rl~.
FLORIDA MORTGAGE
THIS INDF.NTURE, made this 20th day of Karoh ' A D 1961
by and between COWLES REAL ESTATE CORPORATION, a r10rida Corporation
of the County of at. Lucie . in the State of Florid;\ Mortg~!!or, and herei;ufter 10 delignated and McC:\L'GH,...N
MORTGAGE COMPANY, ISC" a corporation of the State of florid;\. h;win.,. ita principal office in the C;l\' of Coral (;:\01.'
State of Florida, Mortgag<<. and hereinafter ad)~i~ated:
WliF,RE....S tl>e laid Mortgalor il justly in<:lebted to the- '-lid MortIPI,'C'C' in the principal .um of
TEl THOUSAND TWO H1JllDRED and 00/100- - - - - - - - - - - - - - ~)oll.,,,
as evidenced by a certain prorniuory note of even date herewith, the fin:\1 p"\,ITlC'nt of ....hich il due on April 1,
executed by the Mortgagor
;:lnd delivered to the Mortgagee, copy of which il ~ttach~d hereto and /lude a pout hC'rt"Of.
1981,
~
fIXID MON1ML Y PA YMINT NOlI
, lD,IIftI\.OO ~ """",Florida, ~ ao ,19-61...
For value received, the undeJ'liined ;..11, .... II .,. ~J to pay to the order of MCCA2GH MORTGAGE
COMPANY, INC., a Florida corporMio"l, the prindpallUID of ~ -'- -.A If-. ......,.."., 00- - Dalla"
(, 1O,fN',OO ), with interest thereon from date, payable monthly at the rate of ___ - per cent.
per annum; the interell and principal cf thia note payab~ in inswmenta as follows:
Betlinning on the 1ft day of _ ~ . 19-61.....- the .um of
and the aa.me amount on the aame day of each month thereafter until the - 1d day of
when the balance of the principal il due and payable.
'16.09
~pf1.
Dollan.
, 19-81-.
The aforeuid monthly paymenu are to be applied tint to interf'lt at the rate aforelAid due monthly upon the principal lum
or to much thereof as ahall froul tilM to time remain unpaid, and the balance of each monthly payment Ihall be applied on account
of principal. This note may be prepaid at any tlme in whole or in part without
p~na.H:v or prem~um.
'Aft insu.tmenu of mterest and principal are payable at the office of the payee in the City of Coral ("ables, Florida, or
at .uch other place &I the holder hereof may desigr>ate in writin!{. in lawful money o! the UniteO States of America, If any
of laid instalments of interest and principal Ihall not be paid when due then the entire principal sum and accrued intereU Ihall
become due and payable at once. at the option of the legal holder of this note,
Each malu:r and endorser waives the right of exemption under the Conuitution and laws of Fiorida, and each maker &nd
end~rser waiws demand, protest and notice of maturity, nun-payment or protest ar.d all requiremenll necessary to hold each of
them liable &I make" and endonen.
11 j. further ..reed that each maker and endoner. jointly and leverally, Ihall pay all COIU of collection, including a reason-
ab~ attom"y's fee, on failure to pay the principal of thia note or any intereal thereon at maturity. Thil note and all sums due
thereunder Ihall bear interest at the rUe of ten (10) per cent. per annum from due date until paid.
11 is further agreed that each maker and endoner jointly and le..erally hereby consent to any exter.sions or renewals or
modificationl of thil note or any part thereof without notice. and each maker and end'lrser agree I that he will remain liable as
such during any extension or renewal or modification hereof until the debt .epreaented hereby is fully paid.
This note is secured by mortgage upon real property in ft. ~.ta C!--V ,Florida, and thil note is to
be ronstrued accordin~ to the law! of Florida. vut~ ... ..... ~ (IIAL)
(3EAL)
Ey -
:By
aA~nnA~ Cn.lesp 1d t
res en
Don Wa Huber
(SEAL)
(s....) \
( SEAL )
Secretary
~
NOW THIS INDENTURE WITNESSETH, tha! the said Mortgagor, to better ICcure the payment of the principal rum
let out in &aid promlJ1Ory nete, and interest thereon, and in cornideration thereof, Bnd for other ,'aluable cons;derationl, ha:
granted. baf'RaineO and IOld and by th~ prestnU does grant, bargain and sell to laid Mortgagee and to its .ue-UJ301'1 and assigr>1
forever, all that ceruin parcel or piece of land lying and being in the County of St. Luc 18 and State of
FloridA, more particulatly described lU:
Lot l' in Blook 15 of 8~uth Port St. Luoie,
Unit " aooording to the Plat thereof as
reoorded in Plat Book 12, Pas. 4 of the
P~b11o ~eeorde of St. ~c1e Oount7, 11orida.
Rece:ved s-_.70.tfb in p:ymem of taxu dut
Oh CI s ..",~nl..b,C Persor,a; PrQP6r1y oursu.nt to
Chap.8f ~. LaW$ 01 Flo!ida Acts 11 1 41.
-~ ~
llX ctoIlec;tDr, St Lucii Co" ,r ~
lteu 4001llLen't&rJ ataap. affixed to the orig1 nl:V ~
canoelled.
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