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. ,S!. LUCIE COUNTT, fLA,
.. .. _.. .... ..-.--~-_............ .
2!-1,719
FLORIDA
MORTGAGE
THIS l~DE~Tt.:RE, made this 20th day 01 March . A. D. 19 61
bj' :lnd ~tweell COWLES REAL ESTATE CORPORATION, a P10rida Corporation
01 the County of st. Luc i e . in the State of Florida Mortgagor, and herein31ter 10 desisnJ.led and McCAUGHAN
MORTGAGE COMPA~Y, I:"C" a ,orporation 01 the State of Florida. havinlt its principal office in the City "f Coral Gabl6
Stat~ 01 Florida, Mortgagee. and hereinafter so designated:
WIIFRF.AS th~ ,~id Mortl~agor i, imtly indebted to the- niel Mnrtgaltee in the principal '11m of
THIRTEEN THOUSAND THREE HUNDRED FIFTY and 00/100- - -
Dollars.
as evidenrrd by a certain promiuory note of even date herewith, the final pa) ment of which is due on
executed by the Mortgagor
and delivered to the Mortgagee, cop\, of which is attached hereto and made a p:.rt hereof.
April 1, 1981.
\
~
ftXID MON1HI.Y PAYM8fT NOlI
. 13.350.00 __' ,.n rs.a-. Florida, ...... ,19 a
For value received, the undersilflled ;';..tl, ..... ....I-I&,- promiil to ~y to the order of McCAUGHAN MORTGAGE
COMPANY INC., a Florida corporation, the principallum ofll!ll.t-"- - .V.-A .... - ~ """ Dol1an
($ 1],';0.00 ). with interelt thereon from date, payable monthly at the rate of ---.lit per cent.
per annum: the interest and principal of this note payable in inlu,lments as folloW1:
. 19--'1...- the lum of
1- day of
~" Dol1an,
.A -. 19-11-.
Beginning on the 'in day of ...
and the same amount on the ~me day of each month thereafter until the
when the balance of the princip.:1l is due and payable,
The aloresaid monthly payments are to be applied fint to intcce-,t at the rate aforeuid due mor.thly upon the pt'incipallum
or so much thereol as shall Irom time to .ime remain unpaid, and the balance of each monthly payment aha1l be applied on account
of principal. This note may be prepaid at any time in whole 01 in part without
pena~ inq&l~ftrYf \~" and principal are pay~ble At the office of the payee in the City of Coral G~blet, Florida, or
at luch oth~r place as the holder hereof may designate in w..itin!1;, in lawful money of the United Statet of America. If any
of said inJtalm~nts of interell and principal Lull not be paid when due then the entire principal lurn and accrued interest thall
~come du~ and payable at once, at the option 01 the legal t,.)lder of this note.
Each maker and endorser wai,'el th~ right of exemption under the Constitution and laW1 of Florida, and each maker ~od
endorser wai\'rs demand, protest and notice of maturity, non p~yment or protest and all requiremenu neceaary to hold each of
them liable as makers and endorsers,
It is furth~r al(rred that each maker and enderler, jointly and ~verally, sha\! pay all costs of collection, includins a re&IOft-
able allorn~~'" lee. on failure to pay the principal of this note or any interest thereon at maturity. This note and all IUrns due
ther~under ,hall bear intere,t at the rate of ten (10) per cent. per annum from due date until paid.
It is further all;re~d that each maker and endorser jointly and se~erally hereby COnsellt to any extensiollJ (.r rcn~als 01'
modifiration< 01 thil note or any part ther(.;)f without notice. and each maker and endorser alfccl that he will remain liable &I
mch durinll; any e"tension or renewal or modification hereof until the debt re!'resented hereby is fully paid.
Thi, note j, ,,'cured hy mortgage upon real property in M. 'lasi!t4.a - ~ Florida, and thil note is to
be ron,trued accord in Ii( to the laws 01 Florida, C~ ~ .as ~~ (~)
(SEAL)
By _ Gardner CowlesFres1dent
By Don W. HubAl"
1
~
(SEAL)
(SUL)
(SE.AL)
Secretary
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:-\OW TIllS I:-\DFSTl'RF. WiT:-\F.SSF.TH, that the laid Mortga!(or, to better secure the payment of the principallUID
,et Ollt in ,~id promi,mr\' note. and in!rrr,t thrreon, and in 'mieleration thereof, and for other valuable considerations, has
!(rantro. b:II'<:~inr(l alld <old and by the,e pre.rnt' doe, granl, barg3in and ,ell to said Mortgagee and to its IUCc.esaors and auigna
forever. all that certain p3rccl or piece of lanel Iyin\!; and bein!t in the Countv of st. Luc i e and State of
florid~, more p~rticular!y d..cribed as:
Lot 21 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 st. Lucie County, Plorida.
~
Recc;;'.cd ~ ~_,-7 tJ _ In pJymer.t 01 taxes dUff
en CI ~' 'C' In u,g.ble Personal Property pursuant to
~hapef!:.d::rt/ 01194l.
Tax Collector. St. LUCIe unty, fjorlda -'
State documentary stamps affixed to the Original~d
cancelled.