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HomeMy WebLinkAbout1742 ~b~K 292 7 ST-l,712 LO:\..'Il NO. ST. LUCIE COUHTY, fl A. FLORIDA MORTGAGE THIS INDENTURE, made thil 20th day of by :.nd between COWLES REAL ESTATE CORPORATION, Karch ' A, D 19 61 a Plorida Ccrporation of thl! County of st. Luoie. . in th State of Florida Mort!ta!{or, and hereinafter 10 delignated and McCACGHAN MORTG.~GE COMPA.'IlY, INC., a corporation of the State of Florida. havinl( ill principal office in the Cit). of Coral Gabln Stall' of Florida, Mortgagee, and hereinafter 10 dl'signatcd: WIIF,REAS the said Mortgagor i. justly indl'bted to the nid Mort!l:,,~e.. in thl' principal ,"m of TEN THOUSAND TWO HUNDRED and 00/100- - - - - - - - - as evidenced by a certain promissory note of even date htrewith, the final payment of which ;. due on executed by the Mortgagor and delivered to the Mortgagee, copy o~ which is attached hereto and made a part herl'of. - - - - Doll,,. ., April 1, 1981. 1 ~ I I I "XED MONTHlY fl. YMINT NOlI \ ~,IOO.OO ____ Jon l1.e~e. Flc;rida, Karc& 20 19~ For value received, the undeflilned ;.;...tt, .....4 II s ~ ~miJe5 to pay to the order of McCAUGHAN MORTGAGE COWe.Ali'L.. mc" a Florida corporation, the principallun! of ~ ~laaftool ~ "rn~""'" I.;.QO~ . Dollan ($ 1O,2UO.go ). with interest thercou from date, payable monthly at the rate of ----bt per cent. per annum; the interest and principal of thil note payable in instalmcnu as follows: Beginning on the 1.. day of . If' ' 19..61..- the lum of and the aame amount on the lame day of each month thereafter until the - l..IIIt. day of when the balance cf the principal iJ due and payable. 76.09 Dollan, A~rU . 19-81.-, \ , The aforeuid monthly pAynlenU are to be applied fint to interest at the rate aforeuid due munthly upon the principal lum or 10 much thereof &I shaU from time to time remain unpaid, and the balance of each momhly payment IhaU be applied on account of pri.'\cipal. This note may be prepaid at any time in whole or in part without pena ltv. ox; oremJum. . . A.n' lN~nU of Interest and pnncipal are p~yable at the: office of the payee in the City of Coral Gablel, Flonda, or at auch other place .. the holder hereof may designate in writin!{. in lawful money of the United States of America. If any 01 lAid instalmenu of interest and principal Ihll.ll not be paid when due then the entire principal lum and accru~d intereat shall become due and payable at once, at the option of the lejlal holder of this note. Each maker and endol'ler waive. the right of exemptipn under the Constitution and laws of Florida, and each maker and endoner waiV'l'l demand, protelt and notice of maturity, non-paym~nt Cor protest and all requiremenU neceuary '0 hold each of them liable .. make" and cndonen. It is hU1.her qreed that each I!I&ker and endorser, jointly and aeverally, Ihall pay all COlts of collection, including a reason- able attorney'& fee, on failure to pay the principal of this note or any interest thereon at maturity. Thil note and all SUfIlI due thereunder lhall bear interest at the rate of ten (10) per cent. per annum from due date until paid, It is further' agreed that each maker and endorser jointly and ae.eralli hereby content to any ext~nsions or renewals or modifications of this note or any part thereof without n<>tice. and each maker and endorser agr~el that he will remain liable as Inch during any extension or renewal or mt -lification hereof until the d~bt represented hereby il fully paid. This no:e is secured by mortlage upon real property in be t'.onltrued accordin~ ;0 the laws of Florida. Florida. and thil note is to (SEAL) Sot. '.....fa ,...nuftV taIIM JIIA1, I8'1'A!I C~ ~ard~ Cowles d i'reB1 ent By _Jon W. Huber (SEAL) (sw.) By (SEAL) ~ (SUL) \ ~ecre'tary -"."'---NC.W TJII-s-.INDENTuRE WITNESSETI-I. that the lAid A{ortsagor, to better secure the payment or the principallUm let O\lt in laid promiuory note, and interest thereon, and in comid~ration thereof, and for Nher valuable conaideratiolll, h.. rnnted, bargained and wld and by these presenu does grant, barg3in and .~ll to lAid Mortga{.ee and to its lucceUOl"l and lliIigns forewr, all that certain parcel or piece of iand l.,;ng and being in the County of at. Luoie and State of Florida, more particularly described u: - Lot 15 in Bleck 15 of South Rort St. Lucie, Unit " according to the Plat thereof a8 reoorded in Plat Book 12, Page 4 of the Publio aecorda o~ at.Luoie County, llorida. R,ce:ved $o<'D. t./..t1 in pJyment of taxes due C/n CI ss "C' :n!angible Personal Property pursuant to Cr,a!~er ~~oridS. Acts 1941- ( ,'. . Tax CoIIec*lf, St. LYCit ~ Jjl' . .. 8ta~. 4oou.en~arJ .tamp. "fix.~~~O tbe original note and oancelled. :~ ~ ----- ----..-- _.~- ~"-'-' t -....-. ,,-.. - . ~-.....-.!- - .~~-