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LO,-\N NO,
~b~~ ir ~f)
ST. LUCIE COUNTT~ fLA.
I!-l, 71'
, -
"
FLORIDA
MORTGAGE-
by and betw~en
20th <lay of llaroh
COWLES REAL ESTATE C~OBJ.!IOI,
THIS INDENTURE, made this
, A. D. 19 61
a Jlorl4a Oorpcratlon
of the County of St. Lucie . in the State of Florida Mortla~or, and hereinaftu 10 d~ated and McCAUGHAN
MORTGAGE COMPANY,.I~C" a (orporation of the State of Florida. havlnl{ iu 'principal office in the City nr Coral Gabln.
Stat~ of Florida, Morllpgec. and herein'lh~r 10 designated:
WIIFRt:-\S the said Mortl(agor is justly indebted to the !.lid Mortgal{ee in the principal slim of
TEN THOUSAND TWO HUliDRED p..nd 00/100 - - - -
Dollars.
as ..\'idenc~d by a ce.tain promilSory note of e\'en date herewith, tl.e fin,,1 p"yment of which is due on
executed by the Mortl(agor
and d..liver..d to th.. Mortgagee. coPy of whirh is attached hereto and mad.. a part hereor.
April 1, 1981,
I
~
FIXED MONTHLY PAYMINT N01I
'--
LlO,200.00 ____ ron rt.rwl Florida, Il&_ll M . 19-61.-
For \'2.lue recei\'ed, the undenisned ;...;...tt) .00d ""."..d!y promJ to pay to the order or McCAUGHAN MORTGAGE
COMPANY, INC., a Florida corporation, the principal lurn of ~ ~l.-'" ,.. ~....___ I.;,~ . Dollan
($ 1.0.200.00 ), with interest thereon from date, payable monthly at the rate of ~ _ per cent.
per annum; the interest and principal of this note payable in inlta.lmenu lU follows:
16. Of Dolw.,
_.u ,19--11-.
Be!l;inning on the 1Jrt day of ... _, 19-61- the I\IJI1 of
and the sam.. amount on the same day of each month thereafter until the _ 1a\ day of
whn the b:\lance of the principAl il due arid payable,
The aforesaid monthly paym"nts are to be applied fint to inter..st at the rate afornaid due monthly upon the principal lum
or so much th..r..of as shail from time to time remain unpaid, and the balance of each monthly payment lhall be applied on account
':>f principal. This note may be prepaid at any time in whole or in part without
penal)X! i~!ialJ?fn~~i~nWrest and principal are payable at th.. office of the payee in the City of Coral Gables, Florida, or
at such other place as the holder hereof may delignate in writin"". in lawful money of the United Statea of America.. If any
or said instaiments of interest and principal shall not be paid when due then the entire principal lum and accrued intere.t Ihall
become due and payabie at once, at the option of the legal hold~r of this note,
I
1
Eac~. maker and ..ndorser waive~ the right of ..xemption und~r the Constitution and law>> of Florida, and each maker and
endorser wai\'es demand, prot..st and notice or maturity, non-payment or protest and all req\liremenu ncceuary to hold each oi
them I,able as makers and endol'lel'l,
It is f urth..r a!{re..d that each maker and endorser. jointly and aeverally, shall pay all COlU of collection, includinl a reaaon-
able attorn..y's f..... on failur.. to pay the principal of this note or any interest thereon a: maturity. Thil note and all luma due
th..r..und..r ,hall bear int..r..,t at the rate of ten (10) per cent, per annum from due date until paid.
It is further a!{reed that each maker and endorse, jointly and le.erally hereby cOlUCnt <0 any extemiona or renewals or
modifi, ,HiollS of this note or any part thereof without notice, and each maker and endoner agree' that he will remain iiable &I
<lICh durin!{ any .."t..nsion or r..newal or modification hereof until the debt repreaented hereby il fully paid.
Thi, Ilot~ i~ ,('cur..d h)' mort""a~e upon r..al property in
be c",",s!rued "rrnrdi"1( to the \.1ws of Florida,
8~c.J:~~~ ~~: (~)
(SEAL)
By __
By
Gardner Cowlesp 1d t
res en
Don W. Huber
(SF-AL)
(SEAL)
(SEAL)
~ecre'tary
__~__ _.____ _____ ___ -______.., _----. --.. --._- ..-----O~-..,.- __0.- ---- - ~I_.._. _.... .,...._,...-_.
,et Ollt in ,,,id promi<<ory note, "uel interest th..reon. and in I;omic!~ration ther~of, and ror other valuable ronaiderations, haa
Kr.lntcd, tl.lr<:,1incd and sold and b)' these preset"t~ does grant, bargain and ~ell to laid Mortgagee and to ill lucce~n and auigna
for..ver. all that c..rtain p:lI'c..l or pi..ce of land I)'in<: and bein~ in the County of it. Lucie and State of
flc>rida, more p:lI'ticularly li..scribed ;u:
Lot 17 in Block 15 of South Port St. Lucie,
Unit 3, acoording to the Plat thereof as
recorded in Plat Book 12; Page 4 of the
Public Records of St. Lucie County, 11orida.
P.e-e ,:-1 ! 2 QLck._1fl p:yment ot taxes due
en (' c 'c' In:ll~~ b.e Personal Property pursuant to
cr~ap.e~ 2(; 12t Law5 01 Flofl~2 .!cts of 9..l.
. Yh. ~
Tax CoUector, St. Lucie Cou ,Florida _________
Stat~ documentary stamps affixea to the original note and ~anoelled.