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HomeMy WebLinkAbout0755~boK zs ~ 5~ LOAN NO. ST, IUCIE COUNTY. FLA. 8'1~-2, 289 FLORIDA MORT6AGrE THIS INDENTURE, trtaae the 8th a:y d Deoember - . A. D. 1961 . by and between Jf~EPH C . wHALFN and •UDR$Y J .. NHALBN, hie vn.f @ d the County d $t • LuCi@ . a the State d Fbrida Mortgagor, and hereinafter so designated and i1[cCAUGHAN MORTGAGE COMPANY. INC.. a corporation d tha Stab d Fbtida, havias ib principal of8os in the Ciry n< Coral Gables. State of Fbrida, Mortgagee. and hereinafter so designated: _ n WHEREAS the said Mortgagor is justly indebted to the said Mortgagee in the pritdpal aim d TEN THOUSAND THREE HUNDRED FIFTY and 00/100 ~ * * * * * * * *Do°'rs• as evidenced by a certain psumiaory note of even date herewith. the final payment d which u due on January 1, 1982 . executed by the Mortgagor and delivered to the Mortgagee, copy of which it attached hereto and made a part hereof. lIXiD MONTIN,Y 'AYMWT NOR! ~,1Q.-35o. oo ?brt ri~ro~, ~., D~w~ar @ _ _ Ia 6~_ For value reedved, tha urdersigned jointly and severaUy~somue to pay m the order d McCAUGHAN Tt[ORIY3AOE OOMPANY, INC., a Fbrida corporation, eba psirteipal sum d ~ d-~iT ~ ~ ~~ ~~ 1A_~SO.~ ), with interest thereon from date. payable toonthly at the rah d _ Y p~ est. per annum; the interest and prirtapal d this note payable in inatalmenb as follows: Eegi~ng on ~ L~ day d ~ --. 19~_ the sum d ~ • ~ and the same amount on the same day d each tnoneh thereafter until the . ~- day d daoa»a:'n , 19 when the balance d the principal is due and payable. The aforesaid monthly paymenb are to be applied Ent to interest at the me aforesaid due ttsonthly upon the principal sum or so much thered u shall from time to time remain unpaid and the balance d each monthly payment shall be applied on account d principal. n'1 i/~gi~~ t0r~pQ fs R111 a~i'tpr not »~a~rpl~'r~oa ~-t~ O! a~lt~a~! ~ A7l nsta m rib of ate~est and principal are pa at a o6ce of teheG ~y~ is me Ctrb d Coral Csbks, Fbrida, or at such other place u the holder hereof tnay designate in writing, in lawful tnotiey d the United States d America. If any d said instalmenb d interest and principal shall not be paid when due then the rntire principal sum and accrued interest shall become due snd payable at once, at the option d she legal holder d this note. Each mater and endorser waives the right d ezemption under the Constitution and IaMn d Fbrida, and each maker and endorser waives demand, protest and notice d inatwiq, non-payment or protest and all requiraaenb etecessary to hold each d them liable as makers and endorsers. It is further agreed that each maker and endorser, jointly and severally, shall pay all cats d collection, including a rcason- abk attomty's fee, on failure to pay the principal d this note or any interest therea- :t maturity. This note and all sums due thereunder shall bear interest at the rate d ten (10) per cent. per armum from due date unW paid. It is further agreed that each maker and endorser jointly and sevenUy hereby consent to any actensions or renesrah or modifications of this note or any part thereof without notice. and each maker and endorser agrees that he will remain liable as such during any exteruion or renewal or modification hereof until the debt represented hereby is IuUy paid. This notf is secured by mortgage upon real property in fit _ t~+w1n n_etntatr Fbrida, and this note is to be construed according to the laws of Fbrida. (S~) _ • tTo~ h C. Vhal,ea (St:~-t.) os (S~,) _~~sy`~ J. 1i~lltalaa (Srwt.) Auarq J. Mhal~tn HOW THIS INDENTURE WITNESSETH, that the said Mortgagor, to better secure the payment d the principal aim set out in said pmmisiory note, and interest thereon, and in oonsidention thereof, and for other valuable considerations, has granted, bargained and sold and by these presents does gent, bargain and sell to said Mortgagee and to ib suruswn and assigns forever, all that certain parcel or piece .of land lying and being in the County of St. Lucie and State of Florida. more particularly described as: Lot 27 in Block 43 of River Park Subdivision, Unit 5, aecordi~lg to the Plat thereof recorded in Plat Book 11 at Page 31 of the Public Records of $t. Lucie County, Floridl;i~~Nld R ~.g~--M PaY~ o~ saxes dt!e sits ft~ass "C" ItltanQif~le Personal Property pursu: Chptef 20724, Laws of Fbrida, Acts of 1941. Tu ~olkdor, St. ' cis County, ori~~', State documentary stamps affixed to the original note and canelled.