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LO:\N NO,
ih~i
7
301
If-l.715
ST. ~UCIE cou~n, rlA.
. __._a_._ --------
FLORIDA
MORTGAGE
THIS lNDE~TlJRE, made this 20th dav of Karoh , A, D. 19 61
by' :lnd between COWLES REAL ESTATE CO'RPORA.TIOJ', a Jlorida Oorporation
of the COllnt)' of St. Lucie . in the State of Florida MOilgagor, and hereinafter eo desianated and McCAUGHAN
MORTGAGE COMP,\NY. I:\'C" a fOrporation of the State of Florida. havinlt itl principal office in the City of Coral Gablrt,
St:!te of Florida, Mortgagee. :\Od h..reil':\fter so designated:
WIIFRF.A:; the ,:lid Mort!(agor is justly ind~bted to the uid Mortga/lee in the principal AIlrn of
TEN THOUSAND TWO HUNDRED and 00/100-
Dollan.
as ..videnced by a certain promiuory note of even date herewith. the fill:!l p.1yment o! wltich is due on
e"ecuted by th.. 1.fortgagor
and d..liver..d to the Mortga/lee. C('Pl' of which is attach..d hereto and rn..de a PIHt hereof.
April 1, 1981,
1
PiXID MONTH&. Y PA YMINT N01I
\
.I~
.
10,200.00
hn "'~ri<1"
.$'
P
II&rcIl 10
MORTGAGB
· Dollan
per cent.
For value received, the undenigned . .
COMP,-'.NY, lNC,. a Florida corporation, the principal lum of
($ 1O,aoo.OO ), with interell thereon frol":l date, payable monthly at the rate of
per annum; the interest and principal of thil note payable in instalments &I follow1:
Beginning on the ---1.at.-- day of ... . I~~ the lum of
and the same amount on the lame day of each month thereafter until the _ lilt day of
when the balance of the principal il due and payable,
Q~_, I;xtr:
Th.. afore.aid monthly payments are to be applied fint to inter..st at the rate aft-reuid due monthly upon the principallum
or so much thereof as shall from time to time remain unpaid, and the balance o~ each monthly payment lhall be applied on account "
of principal. This z:ote may be prepaid at any time in whole or in part without
penaltv . or orem lum. ' , ..'
AM mstal~nts of mterest and pnnClpal are payable at the office of the payee In the Ctty of Coral Gables, Flonda. or
at such oth..r place as the holder hereof may delignate in writin!{, in lawful money of the United States of America. If any
of said instalments of interest and principal Ihall no: be paid when due then the entire principal lum and accrued interelt ahall
become due and payable at once, at th~ option of the legal holder of this note.
Each maker and endorser waives the right of exemption under the Conllitution and laws of Florida, and each maker and
endorser waives d~mand, prutelt and notice of maturity, non'payment or protrtt ..nd all requiremenu neceuary to bold each of
them liable as makeu and endorsers.
It is further agreed that each maker and ..ndorser. jointly and severally, shall pay all costs of coll~tion, includinr a realOn-
able allorney's f..... on failure to pay the principal of thil note or any interel! thereon at maturity. This note and all luma due
th..r..under ,hall beal inter..st at the rate of ten (:0) per cent. pe: a!''lum from due dat~ until paid.
It is further al(r~~d that each maker and endorser jointly and le..erally hereby consent to any exteruionl or renewals or
modifir:lti"r.s of this note or any part thereof without notice. ar.d each maker and endoner arreel that he will rem~in liable &I
mch durinl( any ext..nsion or r~newal or modification hereof until the debt represented hereby il fully paid.
This not.. is ,ecurer! hl' mortgage upon r..al property in St.. IMcle Couatlir Florida and thia I'li.te is ~
be ronstrued accordinl( to th.. laws of Florida, CCJIIa8 IIAJ. JI'aB ~ ,SIAL,
(SEAL)
By _
By
GArdnAr Cnwleepres1dent
non W. H1Jber
(SEAL)
(S~AL)
Secretary
( Sl.AL )
I
11
'\
\
~O\\'. TillS I~DFSTl'RF. \\'IT~ESSF.TH. that lhe said Mortgal(or, to better secure the p:\yment of the pfincipal r.un
\"t Ollt 10 "lid prO;7l",or\' note, :lI1d in'n.." thereon, and in comid..ration thereof, and for other ~'aluab1e con.ideratiolU bu
I(ranted, b,Hl!ainrd and s(;ld and b~' th...e presents d~s gra~t, barg:rin ..nd ,..lito laid Mor:g..gee and to its IU,CCUOfl and ~irns
fore',..r, :lll Ihat c..rtalO parcel or Pl..ce of land lyin/l and betng in the County of St Lucie and State of
Florirlo, more p.1rticularly described as: ·
Lot 19 in Block 15 of South Port St. Lucie,
Unit 3, according to the Plat thereof as
recorded in Plat Book 12, Page 4 of the
Public Records of ~t.Lucie County, Y1or1da.
Re-e'vrd ~~d 0 in p-,'ment ollaxes due
(", C! s 'C' In angible Personal Pro;1crly pursuant to
Ct',ap,er z~' Laws of F1ori.d , Acts of ,H.
~
Tax Collector, St. Lucie Cou . Florid. -"'f...-...- .,;
State documentary stamps affixed to the original note and~cel1ed.