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HomeMy WebLinkAbout2348lAAN NO. ' • ~ ~ ~~~ ST, t11CIE ~L~111i~1. ~t~. FLORIDA MORT~i-AQ~E ss-1895 THIS INDENTURE, made this 28th say d December , A. D. 19 61 . by and between w. D. BCHAFFBSR and BETTY J. SCHA!'l8S8, hie wife 1 of the county d St. Irucie . in the State d Fbrida Mortgagor, and 6ereinatter a dsaigaated and 1tcCAUGHAN MORTGAGE COMPANY, INC., a corporation d the State d Fbrida, havires is principal ol6oe in the City rat Coral Gables. State of Fbrida. Mortgagee. and hereina[ter so designated: , WIIF.REAS the uid Mortgagor is justly indebted to the said Mortgagee in the principal sum of THIRTETs~i THOUSAND and 00/100- - - - - - - - - - - - - - - - Dolla-s. as evidenced by a certain promissory rsote d even date herewith, the final payment d which is due on January 1, 1982• executed by the Mortgagor . and delivered to the lrtortgagee, copy of which u attached hereto and made a put hereof. lDR4 MONIIAY ~AYMlNT N0~1! ~,1'~.ADO.aQ Fbrida. D~a^D~r ~ 191_ For value received, the undersipted jointly and severally to pa to the order d M UGHAN >VORTGAGE COMPANY, INC.. a Fbrida corporation. the principal sum d ( ), with interest thereon from date. payable rnonthty ae the rated ~ ~ rmt. per annum; the interest and principal d this note payable in inatalsnenb ss follows: Beginning on the 1-~- day d --]!!~-~ 19~ the sum d GZ_~ Do1Wt, and the carne amount on the cause day d each month thereafter until the 1~ dsy d , 19-8~. when the balance d the principal is due and payable. The aforeuid monthly payment arc to be applied fast to interest at the rate aforeuid due monthly upon the principal sum or so much thereof as shall tram time to time remain unpaid, and the balance d each monthly payment shall be applied on sccount o[ principal. h~r~jRa ~ ~Y~ tr0 y!"~q ~ 11111 ~! fey yr1LT >T't~ ~e Ot . AU instahitenb of interest and principal arc payable at the office d the payee in the Ciq d Coal Gables, Fbrida, ar at such other place as the holder hereof may designate in writing, in lawful money d the United Stites d America. If any of said instalments o[ interat and principal shall oot be paid whrn due then the rntirc principal sum and accrued interat shall become due and payable at once, at the option d the legal holder of this note. Each maker and endorser waives tl-e right of exemption under the Constitution and laws d Fbrida. and each maker and endorser waives demand, protest and notict of maturity, non-payment or protest and all requiremrnb neceuary to hold each d them liable u makers and rndoners. It u further agreed that tac6 maker and endorser, jointly and severally. shall ppy all cost d collection, including a reasar able attorneys tee, on failure to pay the principal of this note or any interat thereon at maturiq. This note and all sums due thereunder shall bear interest at the rate of trn (10) per cent. per annum from due date until paid. It is further agreed that each maker and endorser jointly and severally hereby consent to any extensions or renewals or modifications of this note or any part thereof without notice, and each maker and endorser agrees that he will remain liable u such during any extension or renewal or modification hereof until the debt represented hereby is fully paid. This note is secured by mortgage upon real property in ~ia._i~ s~1 ~ n-tins~rT---~F{orida, and this note is to be construed according to the laws of Fbrida. •`~. ~ (SEAL) _ (SFr-L) • • ~~! !S~) ~a~ »1~1er J. selal~r (SawL) Ott, J. ~t!>etr I NOW THIS INDENTURE WITNESSETH, that the uid Mortgagor, to better secure the payment of the principal sum set out in said promissory note, and interest thereon, and in oonsidention thereof, and for other valuable considerations, has granted, bargained and sold and by these presents does gnat, bargain and sell to said Mortgagee and to ib succeaon and assigns forever, all that certain parcel or piece of land lying and beintC in the County of $t. Lucie and State of Florida. more particularly described as: Zot 23 in. Block 6 of South Port St. Zucie, Unit 1, according to the Plat thereof recorded '. in Plat Book 12, at Pages 1 ~ 2 of the Public dw Records of St. Zucie County, Florida. ~ ~ p~Mdbtas prop~t~ Ws,Nnt to ~aMlw ~•~„ lnnnt~ ~~ d t>r pass ~ d Dodds. ~~> -gr9+nf c , ~~ State documentary stamps affi=ed to the original note and cancelled.