HomeMy WebLinkAbout1757
LO:\~. NO,
ib~t 7 307
ST. LUCIE CQUNTY, rlA.
..... .-- '.
8!-1,717
FLORIDA
~ORTGAGE
THIS INDENTVRE, made this 20th da~' of Karoh , A, D. 1961
by :md between COWLES REAL ESTATE CORPORATION, a Plorida Oorporation
of the County oi St. Lucie . in the State of Florida Mortlagor, and hereinafter 10 desiAnated and McCAUGHAN
MORTGAGE COMPANY. INC" a (orporation oC the State oJ Florida. h,lYinlt itl princijlal office in the City' nC Coni GablH.
Stat_ of Florida. Mortgagee. and hereil'after 10 designated:
WIIFREAS th_ Hid Mortltagor is jU5tly indebted tc thc '-lid Mortgateee in tht' principal mm oC
THIRTEEN THOUSAND THREE WUNDRED PIFTY and 00/100- - -
_ _ _ _ Do\lan.
a5 e\'id,nred by a certain promissory note DC even date herewith. the fin:\1 p.lyment oC which is due on
e"ecuted by the Mortgagor
and delivered to lh, ~{ortl(al(ee, copy of which is :ntached hereto ,md, made a part h('reof.
April 1, 1981,
\
fIXID MONIHLY PAYMENT NOlI
~
, 13,350..00 ---'---ren ft__, Florida, "'r.. . 19_61-
For value received, the undersigned j4.:..t1, &IUI. I"'OO&U~' promuF to pay to the ordtr of McCAUGHAN MORTGAGE
COM?,-\NY, IN2:.1.. a Florida corporation, the principal sum of"'."'" ~,t ...,. i~ IS,. DoUan
($-l)""..gg ). with interest thereon Crom date, payable monthly at the rate of ---et-- per cent.
per annum; the interest alld principal of thil note payable in instalments as follows:
Beginning on the 1'" day of .....~ 19-n the IUD1 of --...."
and the same amount on the aame day of each month thereafter until the _ 1ft day of _~
when the balance of the principal is due and payable,
,I~
The aCoreaaid monthlv payments are to be applied fint to inter..st at the rate aforeaaid due monthly upon the principal sum
or so much ,hereof as shall from time to time remain unpaid, and the balance of each monthly payment ahall be applied on ao:ount
of principal. This npte may be prepald at any time in whole or in part without
penalty. or: oreml.um. ", .
"-IY Inllalm~nts of - Interest and pnnclplll are payable at tne office oC the payee in the City of Coral Gablel, Florida, or
at such othcr place a.s the holder hereof may designate in writir.!{. in lawful money of the United Statea of America. If any
of 5aid instalments of interelt and principal Ihall not be paid when due then the tntire principallurn and accrued interelt Ihall
become due and payable at once, at the option of the legal holde~ of thi, nNe.
Each maker and er.dol'ler waives the right of exemptior. under the CQrutitution and laws of Florida, and each l1'aler And
endona wai,'es demand, protelt and notice of maturity, non-payment or protest and all requiremenu nece.ary to hold each of
them liable as makers and tndorsen.
It i, further al(reed that each maker and endol'ler. jointly and Je,'erally, Ihall pay all COlli of collection, includinJ a n:a.eon-
able attorne)", fee. on failurc to pay the principal of this note or any interest therton at maturity. This note omd all IUnu due
thereunder .hall bear intere5t at the rate of ten (10) per cent. per annum from due date until paid.
It i. further a;reed that each maker and endorser jointly and Je.'era!ly hereby consent to any extensions or renewals or
modifiratioll5 of this note or any part thcreof will.out notice. and each maker and endorser agrees that ht will remain liable &I
SlIch durinl( any rxtension or rene....al or modification hereof until the debt repreaented hertby is Cully paid.
Thi5 note i5 5C( ured hy mortgage upon real property in
be construed accordinl( to the law5 of Florida,
ft. 1IIo~ 0..&_
carw JIU. ...
By_
By_
Secretary
J
Florida, and this note il to
~N-~ (~)
(SEAL)
(SUL)
Gardner Cowles, 1d t
ree en
Don W. Huber
(S~AL)
(SEAL)
1
J
NOW THIS I~DF.NTeltE WITNESSETH, that the aaid Mortl\3.!I:or, to bt'uer secure the payment of the principal rum
,et Ollt in 5:1id promi<<ol'\' nO!e, :lI1rl in'er"t thereon. and in comidf'l'ation thereof. and (or other valuable considerations, h..
l(ranted, h,lr<:::\incd anr. 501d :mrl by the,.. pre5enlS doe, grant, bargain ami 5ellto l3.id Mortgagee and to ill IUCCeJIOn and asaignJ
fore\'er. all that cert:\in p:\rc..J or piece of lane! Iyino;: and bt'in!f in the Countv of St. Lucie and State of
Flor;ch. more p:\fticularly d_5cribed a5'
Lot 12 in Block 15 of SouthPort St. Lucie,
Unit 3, according to tQe Plat thereof as
recorded in Plat Book 12, Page 4 of the
Public Records of St. Lucie County, Plorida.
fef 'J:rJ sc2(PL7-~ in ~':imcnt of taxes due
( , CI ~ 'C' In3n;: ole rerso~;31 Property pursuant to
\-;i<lp~X-:rJ)1ClS cf 941,
Tax Collector, Sl Lucie CtJu ~
State docu.me!ltary stamps affixed to the original note and cancelled.
_'~..',""O-_.,....""" ,W>