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LO:\N NO.
~o~k
It-1,711
289
7
ST. LUCIE COUNn, FLA.
FLORIDA
MORTGAGI
THIS INDENTL'RE, madt- this 20th day of Karoh , A. D. 19 61
by :lnd between COWLES RE.i.L ESUTE CORPOlU.TIOI, a ~lorida OorporatioJl
of the County of S to Luoie ' in the State of Florida Mort~agor, and hereina:ter 10 deaipated and M:CAUGHAN
MORTGAGE COMPANY, INC" a corporation of th~ State of Florida, havinl( its principal otlee in the City nf Coral Gablt'l,
Stat~ of Florida, Mortgag~, and hereinafter Ie' desilnated:
WIIFRL\S the said Mortgagor il justly indebted try the uid Mortgallee in the principal 111m of
TEN THOUSAND TWO HUNDRED and 00/100- - - - -
- - - - OoIl.Hs.
as e"idenced by a certain prom isJO 1")' note of e\'e'l date herewith, the final payment of which is due on
e,<ecuted by the Mortgagor
,lnd delivered to the Mortgagee, copy of which is attached hereto :lnd made a part hereof.
April 1, 1981,
I
~
19-'1-
.
"XED MONTHLY 'AYMINT N01I
$ 1O,tIM.OO ___' ",,-.~ ~nt#loricb,
For value received, the undenigned j,.:....lr ....t .......>>y romUJ to pay to the order
CO~l'ANY INC" a Florida corporation, the principal lum of
C, lU,j:)O.OO ). with interell thereon from date, ))&yable monthly at thl' . te of
per annum; the interest and principal of thil note payable in instalmenu u followl:
Beginning on the ~ day of .... , 19....61.- the lurn o!
and the same amount on the same day of each month thereafter until the _ 1ft day 01
...-hen the balance of the principal il due and payable,
The aforesaid monthly payments are to be applied first to interest at the rate aforesaid due monthly upon the principal lurn
or so much thereof as shall from time to time rem~jn unpaid, and the balance of each monthly payment shall be applied on account
of principal. This .note may be prepaid at any time in whole or' in part without
penalty or oremlUm,
An inatalmenu of interest and principal are payable at the office of the payee in the City of Coral Gablel, Florida, or
at such other place as the holder hereof may designate in writinll. in lawful mopey .,f the United StUea of ^~rica, If any
of said instalments of interell and principal shall not be paid when due thcn the entire principal lurn and accru~ interest shall
become due and payable :.: once, at the option of the legal holder of this note.
- ...~ 10
MORTGAGB
DoUan
pet' cenL
T6.Of
qru
Dollan,
, 19--81-,
Each maker and endorser waives the right of exemption under the Constitution and laWl of Florida, and each maker and
endoner waives demand, protest and notice of maturity, non-payment or protest and all requiremenu neceaauy to hold each 01
them liable as makers and endorser.,
It is further agreed that each maker and endorser. jointly and severally, Ihall pay all COlts of collection, includinr a rcaaon-
able allorney'5 fee, on failure to pay the principal of this note or any interelt therl'On at maturity. Thi. note and all IUrns due
there"nder shall bear interest at the rate of ten (10) per cent. per annum from due date until paid.
It j, further a'(reed that each malter and endorser jointly and le,'erally hereby conseot to any extensions or renewab or
modifieatiorls of this note or any part th~rl'Of without notice. and each maker and enJoflCr aIRel that he will remain liable &I
~uch durinl{ any extension or renewal or modification hereof until the debt repreKnted hereby i. fully pAid.
Thi, note i, .ccured hy mortgage upon real propert). in
he e",,"rued accordi,,'l: to the laws of Florida,
..... '~-1. O~ Florida, and thi. note is to
~ ..,. .... ~ (....)
(SEAL)
By_~ardner Cowlee
President
By- Don 'I. Hubar
(SEAL)
I
(SEAL)
(SEAL)
Seoretary
NUW 1 Ml~ sl~Ur.;~ 1 U~~ '" 111~~;:';:'~ 1 M, mat me laiC! J\tongalfor, to oetter se~ure me payment of tile pnnctpaJ J'\lm
\et Ollt in nid promi"on' not... ami in:ere" thercon. and in comideration thereof, and for other valuable conliderations, has
granted. btr<:ainrd and sold aCId by the,e pre~nts dOl'I grant, bargain and sell to laid Mortgagee ann to ill IUCceuors and assign.
fore"er, all that certain parcel or pi~ce of land Iyin~ a'1d being in the Countv of St. Luoie and State of
Flnrirh, more particularly described as:
Lot 14 in Blook 15 of South Port St. Luoie,
Unit 3, aooording to the Plat thereof a8
recorded in Plat Book 12, Page 4 of the
Public Recorda of St.Luoie County, 11orlda.
RniY"d ? 04 f\ '
~'L ~ 1;1 ""-1m · f'
en CI s . C' J~.;r", - ,,... ell, 0 ,J,~es due
Ch 2 ',>,ble Personal Properly pursuant 10
ap,er (; 2~, laId of FlOrida, ActS1"f 1 41.
- ~, ~
Tax Collector, 51. Lucie Cou ,FI~
State dooumentaxy etampe affixed to the original ~cancelled.