HomeMy WebLinkAbout2172LOAN. NO. ~ - lb~~ 28 ~ 41 aT-1,804
FLORIDA MORT6AQrE
THIS INDENTURE, trade this 28th day of D@Oemb9r , A. D. l9 61
by and betwtxn JACK S • HREI~NSR atld 1tSZYA Y• HRS~TTB ~ hie wif e
o[ the County oI 8te '?il7loie , in the State et I-brida Mortgagor, ind hereinafter w desigttatai and I-teCAUGHAN
MORTGAGE COMPANY, INC., a corporation at the State of Florida. havins its principal oflke in the City of Coral Gables.'
State of Florida, Mortgagee, and hereinafter a designated:
WHEREAS the said Mortgagor is justly indebted to the said Mortgagee in the principal uun o[
BINT THOUSAND ONS HIINDxSD FIFTY and 00/100.- - - - - - - - -Dollars.
as evidenced by a certain promissory note of even date herewith. the final payment o[ which is due on January 1, 1982 .
executed by the Mortgagor
and delivered to the Mortgagee. copy of which is attached hereto and made a part hereof.
~lIX~ MONTI~Y -AYMINT NORE
~ 9150.00 _ _ ~bs't ~rra•~ Fb.+d., n...~.~ ~ I9.~6,L,..
For value received, the nnderaigned jointly and severally pay to dte ceder o[ McCAUGHAN MORTGAGE
001~ PA~NY, INC., a Fkxida corporation, the principal sum of gL cent.
(t--SaLS0.00 ), with interest theceoo from date, payable tna-thly at the rate of Pes
per annum; the interest and principal of this note payable in iwtaLtsersb ss follows:
Beginning oo the ~~ day of - ~~ri --. 19_~ the sum of ~•~
and the •une amount on the same day of each neoneh thereafter until the -~~- day of Jul , 19
when the balance of the principal is due and payable.
The aforesaid monthly paymenn are to be applied fast to interest at the rate a[oresaid due monthly upon the principal sutra
a so much thereof as shall from time to time r~r-ain ttnpa:d and the balance of each monthly payrtsent shall be Plied on account
of princitpNal. h'1 ~•~jjji~~r '~i0 >~ ~1 ~1' Or FN~,~r~~~~ ~ O~ >~r~iiEp
t~~All s to menu of ihteTest and~rincs a ~ yga k t e o ce o DPayee in 16e'City d Coral Gables, Fbrida, or
at such other place as the holder hereof may designate in writing, in lawful money of the Uwted States of America. It any
of said instalments of interest and principal shall not be paid where due then the entire principal sum gad accrued interest shall
become due and payable at once, at the option of the legal holder of this note.
Each mater and endorser waives the right of exemption under the Constitution and laws o[ Florida, and each maker and
endorser waives demand, protest and notice of maturity. non-payment or protest and all requiremrnU necessary to bold each of
them liable u maker and endorsers.
It is further agreed that each maker and endorser, jointly ind severally, shall par all case o[ collection, including a reason-
able attornry's tee, on failure to pay the prjncipal of this note or any interest thereon at maturity. This note and all sums due
thereunder shall bear interest at the rate of ten (10) per cent. per annum from due date untJ paid.
It is further agreed that each maker and endorser jointly and te~rerally hereby consent to any extensions or rcnewab or
modifications of this note or any part thereo[ without notice. and each maker and endorser agrees that he will remain liable as
such during any extension or renewal or moditiution hereof until the debt represented hereby is fully paid.
This note is secured by mortgage upon real property in ~' Florida, and this note is to
br construed sccordinS to the larva o[ Florida.
i
Jtrlt 8. >>c~e•r
litlts ll. >~•r
NOW THIS INDE.~VTURE WITNESSETH, that the said Mortgagor, to betur secure the payment of the principal sum
set out in said pmmissory note, and interest thereon, and in- eomidention thereof, and for other valwbk considerations, has
granted, barRaincd and sold and by these presents does grant, bargain and sell to said Mortgagee and to iu turcesson and auigru
forever, all that certain parcel or piece of lard lying and being in the County of St• I+uCi6 and State of
Florida. more particularly described as:
Dot 32 in Hlock 1 of South Port St. Lucie,
Unit 1, according to the Plat thereof recorded
in Plat Book 12, at Pages 1 ~ 2 of the Public3~
Hecordf3 of St. Zucie County, Florida. ~ ~' a Ay11Ne1 a h
~cw.e ~ .___.._....~._._.~-
~ q~ss ••C' Iftt~rlj~W pupnatl Property pt:t:
~~ of F'bfid~. itch 1141.
OoME~R, Fl'
State documentary fatampe affixed to the original note and cancelled. ~~